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Prediction market Polymarket has enabled bitcoin deposits, expanding its funding options as BTC hovers near record highs. The platform announced the feature with a brief post — “Bitcoin deposits. Now live.” — on Oct. 6 via X.
Looks like Polymarket is already scared of Predyx and trying to compete against the best!
21 sats \ 1 reply \ @grayruby 14h
Haha wasn't the CEO just posting about how eth is the future rails of finance.
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They are still on the same path. It's a propaganda to receive more valuation
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They have been stealing for long, it's only an extension to robbery.
Also, the moment you convert your BTC deposits into USDC for trading (that’s the underlying currency) you loose the all the benefits of appreciating assets. You’re offered a meager 4% APR on long-term markets.
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0 sats \ 0 replies \ @Cje95 12h
Polymarket is built upon Polygon so anyone know how this interaction works???
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Interesting move. Enabling BTC deposits feels like a natural step if Polymarket wants to stay relevant as Bitcoin hits new highs. But it also signals growing competition—especially if platforms like Predyx are pushing harder on UX and decentralization. Curious to see how this plays out.
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