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Magic Predictions is a gamified feature where users predict whether the price of the BNB/USDT pair will be higher or lower at the end of a short time period. Users place bets using USDT, and winners share the combined prize pool based on their predictions.
Users select the first upcoming round and predict if the price of BNB/USDT will go up or down by the end of the round. If the prediction is correct, users share the reward pool based on the total bets placed on each side, minus a fee.
Users choose the first upcoming round, select whether the price will go up or down, enter the bet amount in USDT, and confirm the transaction. Once confirmed, the bet is locked for the round.
No, once a bet is placed, it is locked and cannot be changed or canceled.
Prices are recorded using the Chainlink Price Oracle at the start and end of each round.
If the final price is equal to the starting price, all bets for that round are refunded minus a fee.
The total prize pool is determined based on the number of users betting on each side. Winners share the combined reward pool proportionally based on their bet size, minus a fee. The bigger the bet, the bigger the share of the prize pool.
If your prediction is correct, your winnings are automatically credited to your account in USDT after the round ends.
All price data is sourced from the Chainlink Price Oracle to ensure fair and reliable price tracking.
If a round fails due to system issues or price data unavailability, all bets are refunded minus a fee.