Introducing a Worldwide Forecasting Hub, Empowerin...

In a significant development, Outpoll has unveiled its global prediction market platform, a comprehensive hub where users can engage in trading based on real-world events spanning politics, sports, cryptocurrency, and culture. As the prediction market category continues to gain mainstream traction, reaching a valuation of several billion dollars, Outpoll's platform is poised to capitalize on this trend. The company's approach is rooted in the belief that prediction markets have evolved into a distinct trading category, warranting the same sophisticated tools and features that are commonly found in foreign exchange, cryptocurrency, and futures trading.

Outpoll's platform is designed with the trader in mind, offering a range of features that cater to their needs. These include the ability to set take-profit and stop-loss orders on open positions, as well as limit and market order types, which are standard in most trading venues. Additionally, the platform provides a public REST and WebSocket API, complete with Python examples that enable users to automate protective orders, monitor prices in real-time, and integrate with external infrastructure.

The platform's launch product is built around six key pillars, including creator-led markets that allow approved community leaders and subject-matter experts to launch and curate their own markets. These markets are overseen by the platform to ensure quality and resolution. Furthermore, the platform features an integrated news section that allows users to stay informed and act on relevant headlines in real-time. Outpoll's platform is accessible via a native Android application, with an iOS version slated for release in the future.

To facilitate seamless onboarding, the platform offers multi-currency deposits with in-app conversion to USDC, eliminating friction for first-time users. All markets on the platform are fully collateralized at the contract level, with positions settled in USDC. To ensure transparency and fairness, resolution rules and authoritative sources are published before each market opens, with platform-level oversight in place to ensure that markets resolve as defined.

In terms of fees, Outpoll charges approximately 0.1% per trade, which is in line with industry standards. The platform also operates a cashback program, where active traders can earn Outpoll Token rewards that are credited to their accounts. To ensure compliance, the platform employs a risk-based, trigger-driven Know Your Customer (KYC) approach, managed by a dedicated compliance team.

Outpoll's prediction market platform is built on the conviction that efficient trading tools are essential for producing prices that are worth paying attention to. By investing in robust tooling, the platform aims to establish a structural advantage in the market as the category continues to mature. As a global prediction market platform, Outpoll is available worldwide, with restrictions in place as per its Terms of Use. For more information, users can visit outpoll.com, with full API reference available at docs.outpoll.com/api and the Android application downloadable on Google Play.