Hibt Nominated for Best Global Event Contracts Exchange at CoinGape Global Onchain Awards Singapore 2026
Hibt has received a nomination for the Best Global Event Contracts Exchange Award at CoinGape Global Onchain Awards Singapore 2026.
The reason for the nomination is the platform’s strength, specifically for its Event Contracts product. It is a simplified product, and a binary-outcome alternative to traditional leveraged derivatives.
Registered in Canada in 2021, Hibt has received the Canadian MSB license to operate via FINTRAC. The official website states that over 200 experts are working for the company, and over 3 million users are served worldwide.
Alongside its “Event Contracts Products,” Hibt also offers traditional perks such as spot trading, derivatives trading, wealth management, and quant tools.
Product That Bets on Binary Outcome
Hibt ‘s score offering, and the reason it has been nominated for the award, is Event Contracts. This product entails users betting on a binary outcome. For instance, whether outcome X happens by Y time.
It is a simple betting strategy with attributes that don’t involve position size, margin, or liquidation price.
The product needs neither a complex order type nor charting. Users need to only pick the market view, select a direction and see the payout before confirming their bets.
But simplicity also means volatility, which is why Hibt has also implemented an early sell feature, something that risk-averse users would appreciate.
Claiming to be the world’s first exchange to open Event Contracts API access, HIBT does not force users to stay within the app to use event contracts. Users can connect their external quant platforms and analytics tools directly.
How Does Hibt Stand Out
Event or prediction contracts have become common, but most competitors treat them as a special feature, guarding them within one application. Hibt , however, treats it as a part of market infrastructure, giving users the product’s API access.
This approach allows Hibt to give the prediction-style market more structure, something missing from the current space. The order records are clean, users can track their position value, and third-party access is controlled.
It is this “structure-over-speed” approach to prediction markets that makes Hibt a unique product among its peers.
Global Onchain Awards focus on evidence-based recognition. It puts institutional execution as the top priority, which is why Hibt’s API model for prediction markets makes it a suitable nominee for the award.
About Hibt
The official website describes Hibt as a full-service digital asset platform. It means that unlike platforms that focus on a single product, Hibt covers a wide range of services. Users can engage in spot trading activities, futures trading, manage wealth, engage with quantitative strategy tools, and bet on event contracts.
The core theme of its ecosystem is accessibility. The UI is simplified. However, to handle complex tools and niche assets, the platform offers an easy progression from basic to advanced.
Currently, Hibt is establishing its foothold across Asia-Pacific markets. And adhering to the demands of these new regions, it also supports 100x leverage on standard perpetual contracts. The best example of that is its event-contracts product.
Follow Hibt for updates:
- Twitter: https://twitter.com/HibtGlobal
- Telegram: https://t.me/HibtGlobal
- LinkedIn: https://www.linkedin.com/company/hibt-exchange
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