Coinbase Opens Prediction Markets to All U.S. States

Coinbase has confirmed a nationwide expansion of its prediction markets feature, opening access to users in all 50 U.S. states. The rollout extends an earlier limited release and places event based trading directly inside the Coinbase app.

Good to Know

• Prediction markets are now available across all U.S. states
• The feature runs under U.S. regulation through Kalshi
• Users can trade with USD or USD Coin USDC

Coinbase confirmed on Jan. 28 that its prediction markets feature is now live nationwide. The expansion follows an initial launch in December that reached only a limited group of users.

The product was developed in partnership with Kalshi, a U.S. regulated prediction market platform. Through the integration, Coinbase users can trade simple yes or no contracts tied to real world outcomes.

Markets cover a wide range of categories. Available events include sports results, political outcomes, entertainment moments, and major economic decisions such as Federal Reserve interest rate moves. Contract prices fluctuate based on supply and demand, reflecting how participants assess the likelihood of each outcome.

Trading sits alongside existing crypto and cash tools within the Coinbase app. Users do not need to move funds to an external platform, keeping activity contained within a single interface.

Low minimum trade sizes allow participation using either U.S. dollars or USD Coin USDC. Coinbase positioned the feature as accessible to users who want exposure to event based markets without complex setups.

At launch, Kalshi provides all contracts and liquidity. Coinbase has said additional providers may be added over time, though no timeline has been shared.

The nationwide release places Coinbase among a growing list of platforms offering event based trading under federal oversight. Kalshi operates under regulation from the Commodity Futures Trading Commission, a framework Coinbase relies on to offer the product across state lines.

Coinbase described the rollout as part of a wider strategy to broaden its product mix. By placing prediction markets next to crypto trading, cash balances, and other financial tools, the company aims to position the app as a single destination for multiple types of financial activity.

The move arrives as interest in prediction markets continues to rise across the U.S., particularly in states where traditional online sports betting remains unavailable.