OKX Launches Simplified Event Contracts for Bitcoin and Ether Price Bets

OKX has launched 'Event Contracts' on April 20, 2026, enabling eligible users in Asia, Latin America, and CIS to make simplified yes/no bets on short-term Bitcoin and Ethereum price outcomes. Contracts are priced 0.01–0.99 USDT reflecting market probabilities, with a 1-cent minimum trade, no leverage, and no liquidation risk, settling to the OKX price index. An early announcement highlighted the retail-friendly design to cut barriers and boost liquidity, followed by details on pricing and mechanics, potentially increasing short-term BTC and ETH trading volumes as rollout expands.