Prediction markets on certain platforms come with a few things worth knowing before you jump in. Not all regions can access them—regulatory restrictions vary widely. Price swings can be intense, and if liquidity dries up, you might find it tough to exit positions. Watch out for regulatory shifts too, since this space is still evolving. Transaction costs add up quickly, so factor those into your strategy. Before diving into prediction market trading, make sure you understand what you're getting into and whether it's actually available where you are.