KTX Prediction Market FAQ

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This article compiles the most common questions users encounter when participating in the KTX Prediction Market, helping users quickly understand product rules, trading methods, profit mechanisms, and risk warnings.


1. Product Basics

Q1: What is the KTX Prediction Market?

KTX Prediction Market is a product based on trading the outcomes of future events. Users only need to judge whether a certain event will happen in the future and buy the position corresponding to the result. After the event ends, the system will settle according to the final result.

Currently supported prediction markets mainly include:

  • Cryptocurrency Prediction Market
  • World Cup/Football Prediction Market

Q2: What is the difference between prediction markets and contract trading?

ItemPrediction MarketContract Trading
LeverageNoneSupported
Liquidation RiskNonePresent
Maximum LossInvested PrincipalPotentially Entire Margin
Forced Liquidation MechanismNonePresent
Trading LogicPredict Event OutcomePredict Price Movement
Operation DifficultySimpleHigher

Prediction markets use a non-leveraged model, so the user's maximum loss is only the amount paid for the purchased position.


Q3: What types of trades are supported in the prediction market?

Currently supported:

Cryptocurrency Prediction Market

Users can choose to:

  • Buy Up (UP)
  • Buy Down (DOWN)

After holding a position, users can also:

  • Sell Up (Sell UP)
  • Sell Down (Sell DOWN)

To lock in profits or stop losses early.


Football Prediction Market

Users can directly predict the final result of a match:

  • Home Team Win
  • Draw
  • Away Team Win

For example:

  • Argentina Wins
  • Draw
  • Brazil Wins

Q4: Does the prediction market have liquidation risk?

No. The prediction market:

  • Has no leverage
  • Has no margin
  • Has no forced liquidation mechanism
  • Has no liquidation risk

The user's maximum loss is only the amount paid when purchasing the position.


2. Cryptocurrency Prediction Market FAQs

Q5: What does buying Up (UP) mean?

Buying Up means you believe that at market settlement, the underlying asset's price will be higher than the target price set by the system.

For example:

Market question:

Will BTC price be above 110,000 USDT in 4 hours?

If you believe BTC's final price will be above 110,000 USDT, you can buy:

Up (UP)


Q6: What does buying Down (DOWN) mean?

Buying Down means you believe that at market settlement, the underlying asset's price will be below the target price set by the system.

If you believe BTC's final price will not reach the target price, you can buy:

Down (DOWN)


Q7: Can I sell early after buying?

Yes. Before the market ends, users can at any time:

  • Take profits early
  • Cut losses early
  • Adjust positions
  • Lock in profits

No need to wait for market settlement.


Q8: What does selling Up (Sell UP) mean?

Selling Up means: selling your already held "Up (UP)" position back to the market.

For example:

Purchase price: 0.55 USDT
Current price: 0.80 USDT

Selling now can lock in profits early.


Q9: What does selling Down (Sell DOWN) mean?

Selling Down means: selling your already held "Down (DOWN)" position back to the market.

The platform does not support selling without holding a position; you must hold a position before selling.


Q10: Why am I losing on my UP position even though the coin price went up?

Because the prediction market trades on:

Whether the event ultimately happens

not the coin price itself.

For example:

Market question:

Will BTC break 110,000 USDT?

Although BTC rose from 108,000 to 109,500, it did not reach 110,000 USDT, so the UP prediction may still fail.

Please refer to the final judgment condition in the market question.


Q11: Why does the price keep changing?

Prices in the prediction market represent participants' expectations of the probability of the event occurring.

For example: UP price = 0.80 USDT means the market believes the event has about an 80% chance of happening.

Prices fluctuate in real-time with market conditions and user trading behavior.


Q12: Why did I lose money even though my prediction was correct?

Possible reasons:

Situation 1: Selling early

Although the final prediction was correct, you may have sold your position early at a loss.

Situation 2: Fees impact

Trading fees may affect final profits.

Situation 3: Market price fluctuations

Prediction market prices change in real-time; closing positions early may result in losses.


3. World Cup/Football Prediction Market FAQs

Q13: How to participate in the football prediction market?

Users only need to judge the final match result and buy the position corresponding to that result.

For example:

Match: Argentina VS Brazil

The system provides three prediction options:

  • Argentina Win
  • Draw
  • Brazil Win

Users choose the result they believe is most likely and buy it.


Q14: What results are supported in the football prediction market?

Each match supports the following three prediction results:

Argentina Win

Means you predict: Argentina will defeat Brazil at the end of the match.

For example:

Argentina 2 : 1 Brazil

Prediction is successful.


Draw

Means you predict: Both teams will draw at the end of the match.

For example:

Argentina 1 : 1 Brazil
Argentina 0 : 0 Brazil
Argentina 2 : 2 Brazil

All count as a draw result.


Brazil Win

Means you predict: Brazil will defeat Argentina at the end of the match.

For example:

Argentina 0 : 2 Brazil

Prediction is successful.


Q15: What result is used for settlement in football matches?

Football prediction markets usually use:

The official result after regular time (90 minutes + injury time) as the final settlement basis.

Generally:

  • Includes injury time;
  • Excludes extra time results;
  • Excludes penalty shootout results.

If there are special notes on the market page, those rules prevail.


Q16: Are extra time and penalty shootouts included in settlement?

Usually, they are not included.

For example:

90-minute score: Argentina 1 : 1 Brazil
Extra time end: Argentina 2 : 1 Brazil
Penalty shootout: Argentina wins

If the market rules state settlement by regular time, the final result remains:

Draw

Please refer to the market page for specifics.


Q17: Can I trade after the match starts?

If the market is still open, users can continue trading.

During the match, events like:

  • Goals
  • Red cards
  • Injuries
  • Tactical adjustments

May cause rapid price changes.

Whether in-play trading is supported depends on the market page.


Q18: Why does the price keep changing before the match starts?

Prediction market prices reflect participants' expectations of the probability of match outcomes.

Factors affecting price changes include:

  • Team strength
  • Player injuries
  • Starting lineups
  • Suspensions
  • Market trading behavior
  • News events

Therefore, prices may fluctuate even before the match begins.


Q19: Why does the price suddenly rise after a team scores?

A goal significantly increases the team's winning probability.

For example:

Before the match: Argentina win price: 0.50 USDT

After Argentina scores first: Argentina win price may rise to 0.80 USDT

Thus, market prices can fluctuate dramatically during the match.


Q20: What if the match is postponed?

If the event is postponed but officially confirmed to continue, the prediction market remains valid.

  • Executed orders remain valid;
  • User positions remain;
  • The market may continue trading or pause based on the situation;
  • After the event officially concludes, settlement is based on the final official result.

Q21: What if the match is interrupted or abandoned?

If the event is interrupted or ended early due to weather, venue, emergencies, etc., KTX will handle it based on the official final ruling:

  • If the official confirms the result as valid, settlement follows the official result;
  • If the official schedules a replay, reschedule, or completion later, the market remains valid and settles after the event ends;
  • If the official announces cancellation, the "canceled event settlement rules" apply.

Q22: What if the match is canceled?

If the event is officially confirmed as permanently canceled, terminated, abandoned, or will no longer take place, the market enters a special settlement process.

Since the prediction market uses free trading among users, positions may have changed hands multiple times, so refunds cannot be based on users' historical purchase costs.

In this case, the system adopts the industry-standard 50-50 settlement principle (50-50 Settlement):

  • YES positions settle at 0.5 USDT per unit;
  • NO positions settle at 0.5 USDT per unit.

4. Orders and Trading

Q23: What order types are supported?

The prediction market supports:

Market Orders: Executed immediately at the best current market price.

Limit Orders: Users set the buy or sell price and wait for the market to match.


Q24: Why was my order not executed?

Possible reasons include:

  1. Order price is far from the market price;
  2. Insufficient market liquidity;
  3. Insufficient market depth;
  4. Market is paused;
  5. Market has entered settlement phase.

5. Fees

Q25: Are there fees for the prediction market?

The platform charges fees based on different order types.

Please refer to the platform’s latest fee schedule for details.


Q26: Why did my account balance decrease after a trade?

The system charges fees according to platform rates upon execution.

Actual received profit: Trade profit - fees = actual profit

You can check specific fees in the order records.


6. Profit & Loss and Settlement

Q27: How is settlement done after a successful prediction?

After the market ends:

Correct prediction positions: Value = 1 USDT per unit

Incorrect prediction positions: Value = 0 USDT per unit

The system will automatically settle; no manual action is required.


Q28: Why did I lose all my principal after a failed prediction?

Prediction markets trade on event outcomes.

If the final result differs from your prediction, the corresponding position value is 0 USDT.

Therefore, users may lose their entire invested principal.


Q29: Why does my position's profit and loss keep changing?

Before the market ends, position values fluctuate in real-time based on trading activity.

Therefore:

  • Floating profit does not guarantee final profit;
  • Floating loss does not guarantee final loss.

Only after market settlement or user-initiated selling is the profit finalized.


7. Risk Warning

Q30: What risks are involved in participating in the prediction market?

Prediction markets involve the following risks:

Market Risk: Event outcomes are uncertain.

Price Volatility Risk: Market prices may fluctuate sharply in a short time.

Liquidity Risk: Some markets may have slow execution or wide bid-ask spreads.

Extreme Market Risk: Major news or emergencies may cause rapid price changes.


8. Quick Start for Beginners

Q31: How do I start my first prediction trade?

Steps are as follows:

Step 1:

Go to the [Prediction Market] page.

Step 2:

Choose the market you want to participate in:

  • Cryptocurrency Prediction
  • Football Prediction

Step 3:

Read the market question and settlement rules.

Step 4:

Choose your prediction direction:

Cryptocurrency:

Up (UP)
Down (DOWN)

Football:

Home Team Win
Draw
Away Team Win

Step 5:

Enter purchase price and quantity, then submit the order.

Step 6:

View your position's profit and loss on the [My Positions] page, and decide whether to hold or sell early based on market changes.

Step 7:

Wait for automatic market settlement or close your position early to lock in profits.

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