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Will Binance pull out of their FTX deal?

Market icon

Will Binance pull out of their FTX deal?

On November 8, 2022, Binance CEO Changpeng Zhao (CZ) tweeted the following:

"This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire http://FTX.com and help cover the liquidity crunch. We will be conducting a full DD in the coming day.

There is a lot to cover and will take some time. This is a highly dynamic situation, and we are assessing the situation in real time. Binance has the discretion to pull out from the deal at any time. We expect FTT to be highly volatile in the coming days as things develop.“

This market will resolve to “Yes” if Binance/CZ announces they will pull out of, or stop actively pursuing the FTX deal by December 31, 2022, 11:59:59 PM ET. Otherwise, this market will resolve to “No.”

If Binance/CZ announces definitively that the deal will go through before December 31, 2022, 11:59:59 PM ET, the market will immediately resolve to “No.”
Volumen
$26,506
Fecha de finalización
Dec 31, 2022
Mercado abierto
Nov 7, 2022, 7:00 PM ET
On November 8, 2022, Binance CEO Changpeng Zhao (CZ) tweeted the following: "This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire http://FTX.com and help cover the liquidity crunch. We will be conducting a full DD in the coming day. There is a lot to cover and will take some time. This is a highly dynamic situation, and we are assessing the situation in real time. Binance has the discretion to pull out from the deal at any time. We expect FTT to be highly volatile in the coming days as things develop.“ This market will resolve to “Yes” if Binance/CZ announces they will pull out of, or stop actively pursuing the FTX deal by December 31, 2022, 11:59:59 PM ET. Otherwise, this market will resolve to “No.” If Binance/CZ announces definitively that the deal will go through before December 31, 2022, 11:59:59 PM ET, the market will immediately resolve to “No.”

Resultado propuesto: Yes

Sin disputa

Resultado final: Yes

On November 8, 2022, Binance CEO Changpeng Zhao (CZ) tweeted the following:

"This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire http://FTX.com and help cover the liquidity crunch. We will be conducting a full DD in the coming day.

There is a lot to cover and will take some time. This is a highly dynamic situation, and we are assessing the situation in real time. Binance has the discretion to pull out from the deal at any time. We expect FTT to be highly volatile in the coming days as things develop.“

This market will resolve to “Yes” if Binance/CZ announces they will pull out of, or stop actively pursuing the FTX deal by December 31, 2022, 11:59:59 PM ET. Otherwise, this market will resolve to “No.”

If Binance/CZ announces definitively that the deal will go through before December 31, 2022, 11:59:59 PM ET, the market will immediately resolve to “No.”
Volumen
$26,506
Fecha de finalización
Dec 31, 2022
Mercado abierto
Nov 7, 2022, 7:00 PM ET
On November 8, 2022, Binance CEO Changpeng Zhao (CZ) tweeted the following: "This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire http://FTX.com and help cover the liquidity crunch. We will be conducting a full DD in the coming day. There is a lot to cover and will take some time. This is a highly dynamic situation, and we are assessing the situation in real time. Binance has the discretion to pull out from the deal at any time. We expect FTT to be highly volatile in the coming days as things develop.“ This market will resolve to “Yes” if Binance/CZ announces they will pull out of, or stop actively pursuing the FTX deal by December 31, 2022, 11:59:59 PM ET. Otherwise, this market will resolve to “No.” If Binance/CZ announces definitively that the deal will go through before December 31, 2022, 11:59:59 PM ET, the market will immediately resolve to “No.”

Resultado propuesto: Yes

Sin disputa

Resultado final: Yes

Cuidado con los enlaces externos.

Frequently Asked Questions

"Will Binance pull out of their FTX deal?" is a prediction market on Polymarket where traders buy and sell "Yes" or "No" shares based on whether they believe this event will happen. The current crowd-sourced probability is 100% for "Yes." For example, if "Yes" is priced at 100¢, the market collectively assigns a 100% chance that this event will occur. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Will Binance pull out of their FTX deal?" has generated $26.5K in total trading volume since the market launched on Nov 8, 2022. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Will Binance pull out of their FTX deal?," simply choose whether you believe the answer is "Yes" or "No." Each side has a current price that reflects the market's implied probability. Enter your amount and click "Trade." If you buy "Yes" shares and the outcome resolves as "Yes," each share pays out $1. If it resolves as "No," your "Yes" shares pay $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current probability for "Will Binance pull out of their FTX deal?" is 100% for "Yes." This means the Polymarket crowd currently believes there is a 100% chance that this event will occur. These odds update in real-time based on actual trades, providing a continuously updated signal of what the market expects to happen.

The resolution rules for "Will Binance pull out of their FTX deal?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.