Crypto.com Imposes Betting Delay for Some Users
Crypto.com, a US-regulated exchange offering contracts tied to sports events, has implemented a three-second delay for some customers placing wagers on sports games. Crypto.com facilitates the buying and selling of various cryptocurrencies, while also offering services such as crypto staking, NFTs, and crypto-backed loans. The company’s prediction market allows users to trade on the outcomes of future events.
According to documentation on its website, the delay will not apply to market makers, often professional traders. This allows sophisticated players to adjust pricing before other customers, particularly those at live events who may see odds-shifting moments first, can react. The company states this change “supports…
