Cryptocurrency’s novelty makes it a hard entity to penetrate and only a handful of people believe that they have a grasp on the market. It’s notable for its high levels of volatility, especially when it comes to trading pairs of cryptocurrencies against each other. Coinediction.com looks to serve as an entry into the market for both expert traders and analysts put out predictions and newer individuals can see those predictions and earn money. It makes what was once inaccessible much more present. At its base level, Coinediction is a cryptocurrency predictions marketplace where potential investors can enter the market by following their favored analysts and learning how cryptocurrencies change.

For example, an analyst may predict that the price of BTC/USDT will reach $10,000 in 3 days and 8 hours. Once they post this prediction on Coinediction, the current price of BTC/USDT on Binance API is noted and recorded. The analyst’s prediction is then published in the “current predictions” section of the website where only investors that follow that particular analyst will be able to see their predictions.

When the timeframe on the prediction passes, it is sent to the “past predictions” section, and at that point, everyone in the marketplace can use Binance to check how correct (or not) the prediction was correct.

Depending on the accuracy of their predictions, analysts on Coinediction are given stats, and after every prediction, the stats are updated. If, for instance, an analyst predicts that from a current price of $8,000, BTC/USDT will reach $10,000 in just over 5 days, and the prediction turns out correct, that analyst’s average gain for that trade alone is +25%. The more predictions they get correct, the higher “their average monthly gain.”

Investors on the platform can check the stats of analysts and follow them to see their predictions in real time. To do so, they have to pay an amount equal to the analyst’s “average monthly gain.”

A percentage of this amount is paid to Coinediction for the services they provide.