Binance Wallet launches Event Rush, supporting tokenized trading of real events

According to the official announcement, Binance Wallet has launched a new feature called EventRush, allowing users to trade tokens representing the outcomes of real-world events such as sports events, cryptocurrency price targets, or news.

This feature is supported by the 42.space protocol on the BNB Chain, allowing users to purchase event tokens using USDT on BSC, and they can sell or hold until settlement at any time before the event ends. Winners can share the entire prize pool with no limit on earnings. A service fee is required for each transaction, and a redemption tax must be paid when selling.

This feature is available to all verified Binance Wallet users, although it may not be accessible in certain restricted regions.