Zoomex Launches Crypto World Cup Prediction Campaign

Zoomex, a global crypto trading platform, launched a World Cup prediction market campaign. Users can stake crypto on match outcomes and win live match tickets and other rewards.

The campaign taps the intersection of sports betting and crypto. Prediction markets have long drawn regulatory attention. In the US, gaming groups have urged the Senate to block sports prediction markets, AlphaScala reported.

Zoomex's campaign lets users predict match results, goal totals and other game events. Winners receive rewards including tickets to live matches. The platform has not disclosed the total prize pool or the number of participants eligible.

The expansion into event-based trading raises questions about compliance. Sports prediction markets operate in a legal gray area across many countries. Exchanges like Zoomex must follow differing rules in each jurisdiction.

For users, the primary risk is platform solvency and the ability to withdraw winnings. Crypto prediction markets have seen scandals before. Anyone participating should check Zoomex's withdrawal policies first.

The campaign runs through the World Cup final. Zoomex said it will distribute rewards within 14 days of each match's conclusion.