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Industry

MEXC Launches Zero-Fee Prediction Market to Rival Polymarket

The platform offers zero trading and settlement fees, so traders can have a simple and cost-effective trading experience.

Written By Iyiola Adrian
Fact Checked by Jahnu Jagtap
Published 2026-03-17·Updated 6 months ago
Make The Crypto Times preferred on GoogleGoogle
MEXC Launches Zero-Fee Prediction Market to Rival Polymarket

Key Highlights

  • MEXC launched a prediction market that lets users trade on the outcomes of real-world events like geopolitical issues.
  • The platform offers zero trading fees and very fast execution speeds, so traders can react quickly when new global events or news appear.
  • Prediction markets are growing fast, with platforms like Polymarket and Kalshi processing over $18 billion in trading volume in February.

Crypto exchange MEXC reported that it has launched a new prediction market that lets users trade on the possible results of real-world events. While existing prediction markets Polymarket and Kalshi control a major market share, MEXC aims to attract users with a zero-trading-fees feature.

According to the official announcement, the product is now live on the web platform and mobile app, offering users a way to trade on live events, including geopolitical events and major events in the crypto space. 

Turning global events into tradable markets 

According to the exchange, the initiative aims to transform breaking news and major global events into tradable signals. Instead of trading only cryptocurrencies, users can now trade predictions about what might happen next in politics, economics, or the digital asset industry. 

The company said the system helps traders interpret shifting probabilities as new information emerges. As the probability of an event changes, traders can adjust their positions to manage risk.

MEXC said the platform allows users to combine “prediction, trading, and risk control” in one account without moving funds between different services.

Features designed to encourage easy trading 

In a blog post, the exchange explained that zero trading and settlement fees allow traders to keep more of their potential returns. 

The service operates within a centralized exchange security framework intended to protect user assets through multiple layers of safeguards. The company added that the system integrates smoothly with the rest of its crypto services, giving traders a single account where forecasting, trading, and risk management can happen together.

MEXC Chief Operating Officer Vugar Usi said prediction markets are changing how traders interpret uncertainty. “Prediction markets turn uncertainty into price,” Usi said. 

He added that the future of trading may focus not only on digital assets but also on possible outcomes of real-world events. According to him, the platform allows traders to respond to global developments instantly with tools that combine speed, information signals, and cost-free participation.

Growing interest in prediction markets

The launch comes amid growing interest in event-based trading. The exchange cited that other prediction platforms, such as Polymarket and Kalshi, processed more than $18 billion in trading volume in February.

Many crypto firms are also joining in. For instance, Coinbase recently partnered with Kalshi to provide access to prediction markets inside the Coinbase app. Kraken is reportedly considering providing prediction market services following the acquisition of a licensed exchange for derivatives in the United States.

Other exchanges, like Crypto.com and Gemini, have also introduced their own form of trading based on events, showing a move toward markets where users can trade based on predictions rather than asset prices.

Also Read: HIVE Scales Back BTC Mining at Swedish Site, Pushes Into AI Compute

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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