PANews|Oct 29, 2026 15:15
[Polymarket Launches 5-Minute Cryptocurrency Price Prediction Market on US Platform] According to CoinDesk, prediction platform Polymarket has launched 5-minute cryptocurrency price prediction contracts on its regulated US platform. The platform is operated by QCX LLC and is regulated by the US Commodity Futures Trading Commission (CFTC). Traders can bet on whether assets such as Bitcoin, Ethereum, Solana, and XRP will close above or below a starting price within five minutes. A correct prediction pays $1 per share, while an incorrect prediction pays zero. The structure is similar to binary options, lowering the barrier to entry for short-term derivatives trading. This product launch comes as the CFTC is reviewing Polymarket's compliance with its 2022 settlement terms and scrutinizing its customer protection measures on its US platform.
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