The international cryptocurrency trading platform, Crypto.com, is registered by the CFTC and offers prediction market event contracts in the US. When you sign up to this platform, you get one account through which you can buy and trade crypto, invest in stocks or ETFs, and also make predictions on real world events at Crypto.com’s prediction market.
While the prediction market covers sports, financials, culture, economics, and politics, there are shortcomings in the service that may prompt you to look elsewhere. The limited market analytics, few alternate game lines or props, high minimum withdrawal limits, and rewards that revolve around the Crypto.com native CRO currency can be frustrating. So we have pulled together a list of alternatives to Crypto.com, to help you compare the blockchain-native prediction market with the top prediction markets in America today.
Best Crypto.com Alternatives
First off, let’s start with the key features that draw traders to Crypto.com – as this will give better context for our alternatives. This is a crypto-native platform, blending crypto and financial products with prediction markets. Crypto.com is unique in its $1, $10 and $100 format event contracts – most platforms only do $1 event contracts. It also has expert Make and Take order tools, with a slippage tolerance feature so open orders don’t get caught out by changes in market demand. While Crypto.com has a variable fee rate, which means fees per contract depend on the contract percentage, these range from $0.01 up to $0.0175 which is nice and low.
We took those into consideration when compiling a list of the best Crypto.com alternatives. Below, you can find out shortlisted top picks, with brief summaries of the strengths of each platform, and how they compare to Crypto.com
#1. Plus500
A very close like-for-like platform, Plus500 has similar double offering of financial trading + prediction markets, but it is not crypto-native like Crypto.com. Plus500 has a stronger sports coverage, spanning more niche sports and picking out more alternate props and futures – though they aren’t what we would describe as a top prediction market for props. Still, you get good coverage, more market and volume analytics than Crypto.com, and liquidity is high for important markets. On top of that, Plus500 has a flat fee schedule, which is nice and low, and you get good line movement data to track key spikes in volume or liquidity.
Plus500 is a viable option if you are looking to trade and make predictions, just like Crypto.com. It doesn’t have much by means of perks or rewards, where there are, they are mostly aimed at the trading side of the platform. But with flexible payment methods, a deep sports coverage and quality trading tools, Plus500 is easily a worthy alternative to Crypto.com.
Plus500 Pros:
- Trading and prediction markets in one app
- Better sports coverage than Crypto.com
- High liquidity on key markets
- Flexible payment methods
Plus500 Cons:
- Trading platform first, then prediction market
- No parlays
- Not all sports events have props/alternate markets
#2. Robinhood
Robinhood is also a trading app, boasts extremely low fees, and is a fully established platform. It draws many parallels with Crypto.com, with the one major difference being this is a fiat-based trading platform, not a blockchain one. Robinhood has financial, political, cultural events and sports, and unlike Crypto.com, the distribution is not focused more on sports. This is definitely the better option for an all-rounder, who looks for value in anything from the weather markets to predicting trading prices of precious metals.
Within sports, Robinhood covers the NFL, MLB, NBA, college sports, soccer, golf, tennis, eSports, and various others, you get 10+ categories in total. Betting markets is where it gets interesting. Robinhood specializes in futures – really, this platform covers virtually all kinds of season milestones and events – but for individual games it can be very limited, with just 1 or a handful of main markets and no props. For value bettors, Robinhood offers very low event contract fees, but you do need to be wary of the withdrawal fees.
Robinhood Pros:
- Streamlined mobile prediction market
- Covers many real world categories
- Strong offering of futures betting markets
- Low fees
Robinhood Cons:
- Few props
- Withdrawal fees
- Very basic data on markets
#3. Kalshi
Kalshi is a world-class prediction market with rife sports coverage, parlay building options, and a depth of non-sports markets that can inspire all kinds of predictions. This is one of America’s best known platforms for good reason. Kalshi has really beefed up its sports offering since it went live, and now you can easily find alternate line spreads and totals, and an unrivaled selection of player and props markets. It is mobile-optimized, so you can take your trades with you on the go, analyze the market volume data in detail, and there are Social chatboxes for each market.
There is a lot to like about Kalshi, and you can even open Combo orders on single events (the equivalent of SGPs), or pick multiple markets across different events and combine them into a parlay. The only issue that people have with Kalshi are the relatively higher trading fees and bank card charges, which take a little away from the value. It is still lower than sportsbook juice, but you can get lower fees at other prediction markets.
Kalshi Pros:
- SGP and parlay building options
- Excellent sports coverage and market depth
- Detailed market insights and social features
Kalshi Cons:
- Relatively higher trading fees
#4. Polymarket US
Polymarket US is the other major player in the US prediction market industry (alongside Kalshi). There are two versions of this platform: Polymarket.com (international) and Polymarket US (US only). The former is the crypto-based prediction market that is not legal in the US, instead, US bettors get the Polymarket US platform – a fiat and CFTC regulated exchange that is still in Beta version. This Beta version has sports, politics, financial, crypto and other key markets, and the sports coverage is comprehensive.
You can get hundreds of markets for single sports games, and Polymarket US has easy functions to toggle between Market (buy at market price) and Limit (open positions at your price, with time limits set by you). There is a lot to like at Polymarket US, although the site does have areas where it could improve – hopefully when the Beta stage is over. It doesn’t support combo trades, and the payment methods right now are quite limited. That being said, the service is top-notch and liquidity is high, so you won’t fail to find value positions and make the most of the lower fees.
Polymarket US Pros:
- Huge market depth for sports
- Low trading fees
- Easy market/limit order toggle
- Excellent mobile functionality
Polymarket US Cons:
- Limited payment options
- No combo/parlay/SGPs
- Beta phase
#5. Pred.App
Pred.app is a new, crypto-native and sports-oriented prediction market. This is not likee other prediction markets because Pred App focuses entirely on sports. The sports scope is pretty small, where rivals may have 10+ or 15+ categories, Pred.App has 5+. But if you are predicting tennis, soccer, basketball, motorsports, and the market depth is rife, with individual games boasting 10+ predictions each. There are also outrights and live trading opportunities, and with 200ms trade execution you can lock in good value prices swiftly.
As a crypto-based peer to peer prediction market, contracts settle in USDC, and instead of trading wagers on a CFTC-licensed exchange, you are trading Web3 smart contracts. Backed by venture capital firms, Coinbase Ventures, Accel and Reverie, Pred.App is very much an up and coming prediction market, and is well suited to crypto users who want more sports market depth.
Pred.App Pros:
- Crypto native app
- Uses web3 smart contracts to automate wagers
- Very quick order execution and transparent mechanics
Pred.App Cons:
- Only a handful of sports categories
- Not CFTC regulated
Key Features of Crypto.com
The key strengths of Crypto.com are the excess of trading services offered, with special focus on crypto, associated rewards, and the trading features built into its prediction market. The market itself has a pretty standard coverage, especially the sports market depth for individual games. But if you trade crypto and are looking for a regulated exchange that supports derivatives, spot trading, futures, and margin trading – this is really one of your best bets.
However, if you want more sports options, parlay/SGP building features, or want to try another trading app and aren’t necessarily interested in crypto, you do have other options.
Deciding on a Prediction Market Site
Sports fans who gravitate towards Crypto.com are generally crypto users, possibly wanting sports prediction markets alongside some financial investment and stock options. When you choose a prediction market, then it is worth considering whether you want the following:
- Financial trading instruments
- Non-sports prediction markets
Because if you do, it narrows down the options considerably. But if you are just after sports markets, then you can focus on the market scope each platform offers – and here there are massive differences. Number of sports categories, how many alternate markets (outside game outcome, totals and spreads), and whether or not they do live trades, futures and parlay/SGPs can be compared pretty easily between different sites. Going beyond these, other important metrics to consider are the value of the lines themselves, how much data the site shows you (market volume, liquidity, etc), how quickly the lines update, and how much they charge for taking/making orders.
All those aspects shape the overall experience at a prediction market significantly, and all sites have their own special quirks or features to stand out. If you want to learn more about any of our Crypto.com alternative picks, feel free to skim through our full reviews, where we highlight any distinctive features, share real user feedback and list out important data such as fee schedules and payment methods.
