Polymarket for Beginners: Place Your First Trade in 10 Minutes

Polymarket lets you trade the outcome of real-world events — elections, sports, crypto, economics — as yes-or-no questions priced in cents. A share at $0.70 means the market gives that outcome a 70% chance. Buy low, sell high, or hold to $1.00 if you are right. Here is how to start without confusion.

Step 1 — Create a wallet, not an account

Polymarket is non-custodial: you connect a crypto wallet (like MetaMask or Coinbase Wallet) instead of signing up with an email. You keep your keys and your funds. No bank, no passport for the basics — just a browser extension and some USDC.

Step 2 — Read the price as probability

• YES at $0.70 = 70% chance the event happens.
• NO at $0.30 = 30% chance it does not.
• The two always sum to $1.00 — that is your built-in check.
• Cheap shares are long shots; expensive ones are favourites.

The price is the prediction. Trade the gap between price and your own read.