
Crypto.com sports trading is one of the most unique inventions that we have encountered in recent times. It offers users a unique way to engage in sports prediction and derivatives trading.
With this new feature on the popular crypto exchange, you’ll be able to trade contracts based on real sports outcomes, manage risk with capped losses, and even exit positions before events conclude. The beauty of this is that those with better financial trading knowledge and strategies will be able to put those to good use.
You may be eager to learn more about Crypto.com sports trading, but before then, let’s quickly tell you one or two things about the app. Crypto.com has been around since 2016, serving as one of the earliest crypto exchanges in the world. At launch, it gave users the opportunity to trade different supported cryptocurrencies, including Bitcoin.
As time went on, it introduced a feature that allows users to request virtual USD accounts. With this feature, users are now able to send fiat currencies to their Crypto.com accounts, thereby making it easy to purchase crypto assets.
Crypto.com introduced sports prediction markets in December of 2024, which was widely reported by prediction market news websites. This allows users to engage in trading sports event contracts on the platform.
Be aware of the following important information and disclaimer for Crypto.com, which you can find here.
Crypto.com's sports prediction markets combine some elements of sports predictions and financial trading. Users get to purchase contracts that represent a specific outcome of a sports event. It might interest you to note that each contract has a predetermined payout and a limited risk, which is the amount you pay to enter the trade.
So, in practice, you sign into your Crypto.com app or web version and navigate to the sports trading section. Once you're there, you have to choose a specific event to trade on, like football, basketball, or tennis. You'll see different contract types like Winner, Spread, or totals. Each option represents a specific outcome you can take a position on.
While they are available in fixed sizes, usually $1, $10, or $100, the price of a contract reflects the market's perception of the probability of that outcome. So, as we mentioned in our Crypto.com prediction markets review, if a contract’s price is $100, for instance, it means that it’s considered highly likely to occur, and buying it means you’re effectively putting $100 at risk.
Note: Crypto.com may promote platform-wide welcome offers or referral incentives for standard trading features. However, these promotions do not apply to Sports Event Trading (prediction/event contracts) unless the terms explicitly state that they do.
Now that you’re quite familiar with the Crypto.com prediction market, you may also want to have an idea of its legal status in the US. The truth is, Crypto.com structures its sports event trading as derivative contracts and is regulated by the Commodity Futures Trading Commission (CFTC). So it is legal and safe to join.
However, the prediction trading site is not available across all states. In fact, some states, including Nevada, have restricted access to sports prediction markets. At the time of writing, there’s an ongoing legal battle between Crypto.com and the Nevada Gaming Control Board (NGCB).
Prediction Trading is facilitated through Crypto.com | Derivatives North America (CDNA). Foris DAX Inc. and Foris Inc. (d/b/a Crypto.com ) provide access to CDNA, a platform regulated by the U.S. Commodity Futures Trading Commission (CFTC), allowing users to trade derivatives in accordance with CDNA’s rules and regulations.
The types of sports prediction markets that you’ll encounter at Crypto.com actually depend on the sports you decide to trade on. However, for the purpose of this guide, we’ll be exploring about top 3 of these prediction markets, including winner, spreads, and totals (over/under) below:
If you wish to predict the winner of your preferred sport event, it means that you’ll be purchasing a “yes” contract at the current price, which depends on the overall market perception. If your prediction comes true, you’ll get the full prize added to your account immediately. Otherwise, you’ll lose the funds you traded with.
The spread market allows you to trade on the margin of victory between two teams. Instead of just picking a winner, you're predicting whether the favorite will win by more or fewer points spread set by the market. For instance, if you purchased the “yes” contract, it means you're predicting the favorite team will cover the spread, winning by more than the point difference set by the market.
In total markets, you're predicting whether a certain statistic in a game will be over or under a certain preset figure. These stats could include points, goals, or runs in a game. For instance, if the total is set at 48.5 points in a basketball game, purchasing the “yes” contract means you expect both teams combined to score 49 points or more.
Here’s a table containing a summary of all supported markets on the Crypto.com sports trading platform:
| Trading markets | “Yes” contract | Payout |
|---|---|---|
| Winner | You’re predicting which team will win the event. | You get a payout if the team you back wins |
| Spread | You’re predicting which team will win by a certain point difference | You get a payout if the favorite team you back wins by at least the preset points. |
| Totals | You’re predicting that the combined points of both teams will exceed or fall below a certain figure. | You get a payout if the total points of the two teams exceed the preset points. |
Based on our experiences so far, the Crypto.com predictions market supports two order types, including Market Orders (MO) and Limited Orders (LO). Let’s explore these order types below:
Now that you know what it is to trade sports contracts on Crypto.com, if you want to give it a try, you can follow the simple process that we have outlined below. However, keep in mind that it is only open to users in the US:
Click the link to the Crypto.com app on the banners of this page
Launch the app and start your registration process
Complete the process by verifying your email address and phone number
Verify the identity of your account
Make a deposit and head to the sports trading section
Choose a specific event to trade on
Choose your preferred contract type (Winner, spread, and totals)
Take position by purchasing your preferred contracts
As we said earlier, you can close your position and lock in profit or minimize losses even before the event concludes.
To round up this guide, it’s clear that the Crypto.com sports trading platform has introduced a truly innovative way to back up your sports predictions. Its simple yes/no contract structure and the option to exit trades early make it more user-friendly than what you’d find at a sportsbook. On top of that, the fact that it’s regulated by the CFTC makes it safe to join.
Add that to the exceptional reputation that Crypto.com has built over the years and you’ve an app that’s really worth checking out. So, if you’re in the US and willing to give it a try, you can quickly create an account by tapping on the brand’s registration link on the banners of this page.
Not at all. While both involve predicting sports outcomes, Crypto.com uses tradable yes/no contracts instead of traditional odds-based wagers.
Yes, you can close your position early to lock in profits or limit losses before the event ends.
Contracts usually come in fixed sizes such as $1, $10, or $100. This means you can start trading with as little as $1.