In this guide
Polymarket stands as the leading prediction market globally, yet presents a formidable onboarding challenge for those new to digital assets. This guide covers each stage of the process — and highlights why PolyGram offers a more accessible entry point.
Option A: Start with PolyGram (Recommended for Beginners)
PolyGram grants access to identical Polymarket CLOB liquidity without requiring any prior blockchain experience:
- Launch Telegram → locate @PolyGram_Telegram_bot
- Press Start
- Fund your account using a debit or credit card (wallet installation unnecessary)
- Begin placing trades straight away
Option B: Polymarket Direct Setup
- Download MetaMask extension from metamask.io
- Generate wallet — record your 12-word recovery phrase and store it securely offline
- Configure Polygon network within MetaMask (Chain ID 137)
- Obtain USDC on Polygon — acquire ETH via Coinbase, then bridge it or purchase USDC directly on the Polygon chain
- Navigate to polymarket.com and link your wallet
- Approve the authentication message through MetaMask
- Explore available markets and execute your opening position
Reading the Order Book
Upon connection, each market displays a central limit order book:
- Green section = bids (demand side) — arranged from highest to lowest price
- Red section = asks (supply side) — arranged from lowest to highest price
- Highest bid and lowest ask = the spread you encounter when executing a market order
Placing Your First Trade
- Pick a market and select YES or NO
- Input your desired USDC quantity
- Examine the projected execution price and submit
- Polygon finalises the transaction in roughly 2 seconds
FAQ
- Why does Polymarket require a blockchain wallet?
- Polymarket operates entirely on-chain — holdings live within smart contracts that mandate wallet verification. PolyGram eliminates this requirement by using Telegram authentication instead.
- What is the minimum trade on Polymarket?
- Polymarket enforces a floor of approximately $1 depending on current share valuations. PolyGram imposes no such restriction.