How Fixed-Payout BTC and ETH Event Contracts Work
Summary
The document describes event contracts that let eligible traders take a directional view on BTC or ETH over a set period. A trader chooses an upward or downward outcome, enters an amount, and holds the contract until automatic settlement against a platform price index, with an option to exit early. The stated expiry range runs from 15 minutes to daily, and trades use an existing USDT balance.
Contract prices range from 0.01 to 0.99 USDT and are presented as reflecting the market’s estimated probability of an outcome: lower-priced outcomes offer a larger potential return if correct, while higher-priced ones offer less upside. The minimum trade is $0.01. This is a product explanation rather than an independent analysis of pricing or expected returns; it gives no evidence about fees, spreads, liquidity, or settlement performance. Availability is limited by eligibility and region, and the source warns that trading can result in losses.
Key ideas
- An event contract expresses a directional view on whether BTC or ETH will meet a specified price condition by expiry.
- Contract prices range from 0.01 to 0.99 USDT and are described as market-implied probabilities.
- The payout is fixed for a successful outcome, and contracts settle automatically against the platform’s price index.
- Expiry choices range from 15 minutes to daily, and the minimum trade size is $0.01.
- The document does not analyze liquidity, pricing accuracy, or expected profitability.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.