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Underdog Partners With Zero Hash to Enable Crypto Deposits on Prediction Markets

(3 hours ago) · 1 source · Summarized by CryptoBipto

Underdog, a prediction market platform, has partnered with Zero Hash to allow users to deposit cryptocurrency. The integration is intended to make it easier for users to fund their prediction market accounts using digital assets.

WHY IT MATTERS

A prediction market is like a betting platform where people wager on whether something will happen, such as the outcome of a sports game or an election. Until now, many of these platforms only accepted traditional money like dollars. This partnership means users could deposit cryptocurrency instead, similar to how some online stores started accepting crypto alongside credit cards. Zero Hash acts as the behind-the-scenes plumbing that makes it possible for Underdog to accept crypto without building all the technology from scratch. For people new to crypto, this is an example of how digital currencies are being integrated into more types of online services beyond just trading on exchanges.

Underdog is a platform that allows users to participate in prediction markets, where people place wagers on the outcomes of future events. Zero Hash is a crypto infrastructure provider that offers services such as payment processing and settlement for businesses looking to integrate digital assets.

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SOURCES

  • cointelegraph.com

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Prediction MarketsCrypto PaymentsInfrastructurePartnerships