On December 2nd, Trust Wallet announced that it is introducing Predictions, allowing users to earn on real-world outcomes.
Trust Wallet is a decentralized crypto wallet that provides a secure UX, and it was acquired by Binance in July 2018. The acquisition allows Trust Wallet to operate autonomously, while benefiting from Binance’s resources and user base.
Binance’s founder, CZ, announced an investment in the wallet, boosting the price of TWT.
Trust Wallet Becomes the 1st Major Crypto Wallet with Native Predictions
The team behind Trust Wallet revealed the introduction of Predictions, a new wallet-native way to trade and earn on real-world events with full self-custody.
Users are able to explore the most popular markets tied to crypto milestones, politics, sports, global trends, and more. Each market includes tokenized outcomes, reflecting how the community is pricing each possibility.
Details appear on the Swaps page under the Predictions tab.
Eligible users of the wallet can perform the following actions:
- View events
- Take positions on outcomes such as YES/NO
- Track how each event develops over time
Trust Wallet’s latest move introduces a new category of onchain experiences inside a Web3 wallet.
The Predictions market integration is powered by Myriad (on BNB Chain) for eligible non-US users, as of today, December 2nd, with Polymarket (via Swap.xyz on Polygon) and Kalshi (via Dflow on Solana) coming soon.
Getting Started with Predictions on Trust Wallet
Users don’t require a new app to access the Predictions market and can get started with Predictions by following these steps:
- Get the Trust Wallet app, one of the best decentralized crypto wallets.
- Open Trust Wallet.
- Access Predictions via the Trade menu option.
- Search a Prediction to participate in.
- Select YES or NO to predict and choose the amount to finish the order.
A New Milestone in the Wallet Era
Predictions are the new layer in the wallet era, making crypto wallets more useful, informative, and connected to world events, providing onchain exploration and offering a new way for users to track crypto, culture, and global trends.
Trust Wallet’s Prediction market is unique due to the following features, highlighted by the app via the official announcement:
- The most popular event markets in a single place
- Everything happens inside the Trust Wallet
- Users’ assets are in their control
- A prediction market built inside a safe and clear environment
TWT Price Action
Following today’s announcement, the Trust Wallet token, TWT, saw a price surge, amidst market volatilty. At the moment of writing this article, TWT is trading above $0.98, up by more than 3% in the past 24 hours.
Earlier today, TWT had a market cap of over $402 million, hitting over $430 million in market cap, before settling at its current levels of $424 million.
