How to Use Prediction
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Last updated
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Playing CoinOneSwap’s Prediction lets you test your foresight to earn rewards. Use your market knowledge or gut feeling to predict if the BNBUSDT price will go up or down in the near future. Get it right and you’ll collect a share of the round’s prize pool!
CoinOneSwap’s Prediction is a new product that we still consider to be in beta. We may make changes in the future to improve Prediction. As always, the CoinOneSwap team will inform users of any changes that will impact how the product works.
Before you can use Prediction, you’ll need to review and accept the terms.
Visit the CoinOneSwap Prediction page. You will see a “Welcome!” window explaining that the Prediction product is still in beta.
Read and accept the conditions then click Continue.
The Prediction page shows quite a bit of information. Predictions operate in 30 minute rounds. Make your prediction before a round goes live to join in.
To enter a round of Prediction, you'll want to check how long is left in the current round. You'll find the timer in the top-right area.
If the timer is too low your prediction may not confirm in time, so check there's still plenty of time left before you make a prediction (30 seconds should be plenty, but give yourself more time if you're following along with this guide).
When you're sure you have enough time, you can place your prediction for the next round.
1. In the "Next" section you'll see a green Enter UP button and a red Enter DOWN button. Click Enter UP if you want to predict a rise in price, and click Enter DOWN if you want to predict a drop in price.
Each will have a different reward multiplier. The multiplier will change over time as the "Prize Pool" increases depending on people's predictions. The Prize Pool is shown just above the buttons.
We'll choose Enter UP for this example.
2. A new window will open. In the window, you'll see "Commit" to commit BNB for your prediction. Type the amount of BNB you would like to commit to your prediction for this round in the field. You can also use the bunny slider or click the percent buttons if you prefer.
3. Once you've decided the amount to commit, click Confirm and confirm your action in your wallet.
View the results of the old round If you want to view the results of the entered rounds earlier than a few rounds, you need to follow the steps below to find the results.
1.Click the reverse clock icon next to the circular timer.
2. The "History" panel will open. By default, you should see the most recent round at the top of the list. Click anywhere in the round to see more information.
1. If you win the round you earned, a "Collect bonus" button will appear next to the gold trophy. Click the button.
2. A new window will appear showing the amount of BNB you can collect via the "Confirm" button. Click the button and confirm the operation in your wallet.
3.A new window will appear showing the amount of BNB you can collect via the "Confirm" button. Click the button and confirm the operation in your wallet.
View historical profit and loss data If you want to know your overall performance in Prediction, you can check PNL (profit and loss) data at any time.
1. On the forecast page, click the reversing clock icon next to the circular timer. The "History" panel will open。
2. On the history panel, click the PNL tab.
This tab will open the statistics of your historical performance in Prediction, including your net result, average return, best round and other information.
3.You can click the View Recovery and Win button at the bottom of the PNL tab to view these transactions on the BscScan browser.
This is all about using Predition. Prediction adopts oracles is an interesting and simple decentralized prediction market.
Predict whether the price of BNB will rise or fall-if you guess it right, you win!
The way to participate is simple:
.Predict whether the price of BNBUSDT will be higher or lower than the price at the beginning of the "LIVE" phase.
.If you enter an "up" position and the BNBUSDT "closing price" is higher than the "locking price" at the end of the 30-minute LIVE period, you have won! If it is lower, you lose.
.If you enter a "down" position and the BNBUSDT "closing price" is higher than the "locking price" at the end of the 30-minute LIVE period, you lose! If it is lower, you win.
have fun!
