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Home/News/60% of World Cup bettors on Polymarket are first-time crypto users
Cointelegraph·8h ago·positive

60% of World Cup bettors on Polymarket are first-time crypto users

A Bitget Wallet study found 60% of World Cup bettors on Polymarket had never used blockchain before, suggesting prediction markets are becoming a major crypto onboarding channel.

  • 857K active Polymarket users were tracked over 90 days by Bitget Wallet
  • 60% of World Cup bettors on Polymarket were first-time blockchain users
  • Daily taker volume hit a record $713M on Saturday, over a week after the World Cup started
  • The World Cup winner contract alone generated $3.1B in trading volume on Polymarket
  • Sports contracts drove $4.9B on Polymarket and $8.5B on Kalshi over the past 30 days
marketImpact 6/10
Why our editor rated this positive

Prediction markets are onboarding new users to crypto at scale, showing real-world utility and adoption beyond trading.

Read the full story at Cointelegraph

Coinporta summarises news for fast scanning. Full reporting belongs to the source.

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