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Binance pairs PREDICT Seed Tag listing with six TradFi perpetuals

Binance is listing Predict (PREDICT) with a Seed Tag for high risk while simultaneously launching six TradFi perpetual contracts with up to 20x leverage.

Binance pairs PREDICT Seed Tag listing with six TradFi perpetuals

Binance will list Predict (PREDICT) at 10:00 UTC on Friday, October 30, opening PREDICT/USDT, PREDICT/USDC and PREDICT/TRY spot markets, per the exchange’s listing announcement. The token gets Binance’s Seed Tag — the Binance Team’s designation for projects that “may exhibit higher volatility and risks compared to other listed tokens.”

Predict is described in that same announcement as a prediction market on BNB Chain, with smart contract address0x8888cef3923385c7f90ade66d09f41fb16668888. Binance says the listing fee is 0 BNB. Binance says deposits open at 11:00 UTC on October 30, one hour after spot trading starts. Binance says withdrawals don’t clear until 10:00 UTC on October 31.

Traders can buy before they can pull funds, and the Binance Team characterizes PREDICT as “a relatively new token that poses a higher than normal risk, and will likely be subject to high price volatility.” Withdrawals open 24 hours after spot trading begins, at 10:00 UTC on Oct. 31.

There’s also a recurring access requirement. Anyone trading Seed Tag tokens on Binance’s Spot and/or Margin platforms must pass the relevant quizzes every 90 days and accept the Terms of Use.

Running in parallel, Binance Futures staged the launch of six TradFi USDⓈ-margined perpetual contracts at five-minute intervals from 10:05 UTC to 10:30 UTC on October 29, according to the exchange’s Futures announcement. The contracts are EWZSUSDT, SMRUSDT, OXYUSDT, AMGNUSDT, PFEUSDT and MELIUSDT, mapping respectively to the iShares MSCI Brazil Small-Cap ETF, NuScale Power Corporation Class A Common Stock, Occidental Petroleum Corporation Common Stock, Amgen Inc. Common Stock, Pfizer, Inc. Common Stock, and MercadoLibre, Inc. Common Stock. All six are USDT-priced, cap leverage at 20x and trade around the clock.

Six contracts over 25 minutes on October 29; PREDICT spot arrives the following morning. The futures side gets a leverage ceiling and 24/7 access as its headline features. The spot side gets a risk label, a quiz gate, and withdrawals opening 24 hours after spot trading begins, at 10:00 UTC on Oct. 31.

The two announcements do not provide a prior comparable launch for either product line. What the announcements do show is a single exchange running high-risk crypto speculation and equity-linked derivatives access simultaneously — The desk’s read: the two products are packaged differently, with Binance foregrounding risk controls for PREDICT and leverage and access for the futures contracts.

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Nadia Rahman

Nadia Rahman

Markets Editor · 9 years covering crypto · Author page

Nadia Rahman is CoinScoop's Markets Editor. She covers Bitcoin, macro liquidity and the spot-ETF complex, and previously reported on rates and FX for a global newswire.

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