Question 1

What are event contracts?

Accepted Answer

Event contracts are financial instruments that allow you to take a position on the outcome of future events. They are used for hedging risk (e.g., against currency devaluation or political instability) or for speculative trading based on your market analysis.

Question 2

How can I hedge financial risk with Predicta Markets?

Accepted Answer

You can hedge against real-world risks by buying contracts that pay out if an adverse event occurs. For example, if you hold local currency assets, you might buy a contract that benefits if the currency devalues, offsetting potential losses in your portfolio.

Question 3

Are event contracts regulated?

Accepted Answer

Our event contracts are structured as financial derivatives. Prices are determined by market supply and demand, providing a transparent mechanism for price discovery and risk transfer.

Question 4

Does Predicta Markets support local payments like M-Pesa or UPI?

Accepted Answer

Yes, Predicta Markets supports M-Pesa in Kenya, Tanzania, Uganda and Rwanda; UPI in India; GCash in the Philippines; and local bank transfers across Africa and Asia.

Question 5

Which countries does Predicta Markets serve?

Accepted Answer

Predicta Markets serves traders in Kenya, Tanzania, Uganda, Rwanda, Burundi, Nigeria, South Africa, Ghana, India, Philippines, Indonesia, Vietnam, Thailand, and Malaysia.

Question 6

How is the outcome of a prediction market determined?

Accepted Answer

Outcomes are determined based on verifiable real-world data from trusted sources. Each market has specific rules and a resolution source (official government reports, election commissions, or primary news feeds) to ensure fairness and transparency.