CoinUp Prediction Market FAQ

To help users better understand and use CoinUp Prediction Market, we have compiled the following Frequently Asked Questions (FAQ).

I. Product Overview

1. What is CoinUp Prediction Market?

CoinUp Prediction Market is an innovative trading platform that allows users to trade based on the outcomes of real-world events.

Users can participate using USDT by purchasing:

• Yes
• No

to express their prediction regarding the outcome of a specific event.

Prediction markets cover a wide range of categories, including:

• Cryptocurrency
• Sports
• Politics
• Technology
• Culture
• Economy

When a market is settled:

• Winning positions will be settled according to the final market outcome;
• Losing positions will become worthless.

Market prices fluctuate in real time and reflect the collective expectations of participants regarding the probability of an event occurring.

2. How is Prediction Market different from traditional trading?

Traditional spot and futures trading primarily focus on the price movement of assets.

Prediction Markets, on the other hand, focus on the outcomes of specific events, such as:

• Will BTC exceed a certain price before a specified date?
• Will a particular team win a championship?
• Will a project successfully launch its mainnet?
• Will a specific policy be approved?

Users do not need to predict the magnitude of price movements; they only need to determine whether an event will occur.

II. Account & Funds

3. How do I participate in Prediction Market?

To participate:

1. Register a CoinUp account;
2. Complete KYC verification;
3. Transfer USDT to your Prediction Wallet;
4. Select a market and purchase Yes or No shares;
5. Wait for settlement or close your position before settlement.

4. Why is KYC verification required?

Due to regulatory requirements in certain jurisdictions, Prediction Market services may not be available in some countries or regions.

To ensure compliance, users must complete KYC verification before participating in Prediction Market trading.

5. Why am I unable to transfer funds?

Possible reasons include:

• Open orders or active positions;
• Frozen assets in your account;
• Ongoing risk control review;
• Incomplete KYC verification;
• Transfer services temporarily suspended during system maintenance.

If the issue persists, please contact Online Support for assistance.

6. Why haven't my transferred funds arrived immediately?

The Prediction Wallet and Spot Account operate under separate asset management systems.

Transfer requests are typically processed within 10 minutes.

If your funds have not arrived after an extended period, please contact Online Support for assistance.

III. Trading Rules

7. What do Yes and No represent?

Yes

Indicates that you believe the event will occur.

No

Indicates that you believe the event will not occur.

For example:

Question:

Will BTC exceed 150,000 USDT before December 31, 2026?

• Buy Yes = You believe it will exceed 150,000 USDT;
• Buy No = You believe it will not exceed 150,000 USDT.

8. What does the market price represent?

The market price reflects the market's current expectation of the probability that an event will occur.

Prices fluctuate in real time based on trading activity between buyers and sellers.

9. Can I exit my position before settlement?

Yes.

You may sell your Yes or No shares at any time before market settlement.

The execution price will depend on the current market price and available market liquidity.

10. Why is my available balance insufficient?

The following assets may be temporarily unavailable:

• Funds currently used in open positions;
• Funds undergoing transfer or withdrawal processing;
• Funds under risk control review;
• Other frozen assets.

Frozen assets cannot be used for new trades.

11. Why am I unable to place trades?

Please ensure that:

• Your Prediction Wallet has sufficient balance;
• The market is open for trading;
• The event has not entered the settlement stage;
• KYC verification has been completed;
• Your account is not subject to risk control restrictions.

IV. Market Settlement

12. How are markets settled?

CoinUp determines market outcomes based on a combination of:

• Official data sources;
• Authoritative third-party data providers;
• Trusted oracle data;
• Professional review and verification procedures.

Each market will clearly specify its settlement rules and data sources in advance.

13. When will a market be settled?

Markets are generally settled as soon as the event outcome is confirmed.

In some cases, settlement may require additional time while waiting for:

• Official announcements;
• Final data confirmation;
• Manual review and verification.

The actual settlement time displayed on the market page shall prevail.

14. Why hasn't the market been settled even though the result is already known?

Possible reasons include:

• Awaiting final official confirmation;
• Disputed outcomes requiring further review;
• Data sources have not yet been updated;
• Ongoing risk control or verification procedures.

To ensure fairness, CoinUp will only settle markets after the outcome has been fully confirmed.

15. What happens if a market outcome cannot be determined?

Under special circumstances, such as:

• Event cancellation;
• Absence of official results;
• Conflicting data sources;
• Invalid or unverifiable events;

CoinUp reserves the right to:

• Declare the market invalid;
• Refund affected participants;
• Resolve the market according to the pre-defined market rules.

Any final resolution will be announced through official channels.

V. Market Creation & Review

16. Who can create a market?

Individual users, partners, and institutions may submit market creation requests.

Submissions should include:

• A clear event description;
• Well-defined settlement criteria;
• Reliable data sources;
• An estimated end date.

17. What are the review criteria for market approval?

CoinUp evaluates markets based on:

• Clarity of the event description;
• Verifiability of the outcome;
• Compliance with applicable laws and regulations;
• Market demand and relevance;
• Potential risks of manipulation.

Only approved markets will be listed for trading.

18. Can market rules be modified?

As a general principle, core market rules will not be modified after a market goes live.

However, under exceptional circumstances, such as:

• Changes in official data;
• Ambiguities in rule interpretation;
• Obvious factual errors;

CoinUp may issue clarification announcements.

Any updates or clarifications will be publicly disclosed.

VI. Fees & Promotions

19. What fees does Prediction Market charge?

Fee structures may vary across different markets.

A trading fee will be charged for each executed order based on the applicable fee rate of the corresponding market.

20. Are there any holding fees?

No.

There are no additional holding fees charged while positions remain open before settlement.

21. Will there be promotional campaigns or rewards?

CoinUp may periodically launch promotional events, including but not limited to:

• Trading competitions;
• Market creation rewards;
• Community engagement campaigns.

Please refer to official announcements for specific event details and rules.

VII. Risk Disclosure

22. Does Prediction Market involve risk?

Yes.

Prediction Market trading is subject to uncertainties related to real-world events, and market prices may fluctuate significantly.

Users should fully understand the applicable rules and risks before participating and make decisions based on their own risk tolerance.

CoinUp does not guarantee profits or investment returns. Users are solely responsible for any gains or losses resulting from their trading activities.

If you have any further questions, please contact CoinUp Online Support for assistance.