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How It Works

Welcome to the Polymarket Trading Bot - your automated trading assistant for prediction markets. This guide will walk you through everything you need to know about using our platform.

What is Polymarket?

Polymarket is the world's largest prediction market platform where you can trade on the outcome of future events - from elections and sports to crypto prices and pop culture. Think of it as betting on future events, but with real money and instant liquidity.

Unlike traditional betting sites, Polymarket uses blockchain technology (Polygon) and lets you trade shares representing "YES" or "NO" outcomes. Prices reflect the crowd's prediction of probability, ranging from $0.01 (very unlikely) to $0.99 (very likely).

Example: Presidential Election

If "Will X win the election?" trades at $0.65, the market thinks there's a 65% chance. You can buy "YES" shares at $0.65 and sell them at $1.00 if X wins, making $0.35 profit per share.

Key Features

Safe Wallet Creation

Automatically create a secure Safe Wallet when you sign up. Safe Wallets enable gasless transactions, meaning you don't need POL for every trade - only for USDC approval and withdrawals.

Manual Trading

Browse live sports, trending markets, or paste any Polymarket URL. Select YES or NO, enter your amount, and execute trades with one click.

Automated Bot Trading

Set criteria (category, probability threshold, amount) and let the bot find and execute trades automatically. Add stop-loss and take-profit for risk management.

Copy Trading

Follow successful traders automatically. When they make a trade, your bot makes the same trade (up to your max amount). Learn from the best!

Live Sports Markets

Real-time sports betting markets with 3-way options (Home Win, Draw, Away Win). Perfect for soccer, basketball, and more.

Whale Alerts

Get notified when large traders (whales) make significant moves. See what the smart money is doing and follow their trades.

Getting Started

1

Create Account

Sign up with your email and password. A Safe Wallet will be automatically created for you - no MetaMask needed!

2

Deposit Funds

Send POL (for gas fees) and USDC.e (for trading) to your wallet address shown in the dashboard. You need ~0.05 POL and any amount of USDC.e to start.

3

Approve USDC.e

Click the green "Approve USDC.e" button in your wallet section. This is a one-time approval that allows the Polymarket Exchange to trade your USDC.e. Costs ~$0.01 in gas.

4

Start Trading

Choose from manual trading, automated bot, or copy trading. Pick a market, select YES or NO, enter your amount, and execute!

Important: Use USDC.e, NOT Native USDC

Polymarket uses USDC.e (bridged USDC) on Polygon, not native USDC. Make sure you bridge or buy the correct token. The address is: 0x2791Bca1f2de4661ED88A30C99A7a9449Aa84174

How Trading Works

Manual Trading

The simplest way to trade. Browse markets or paste a Polymarket URL, then:

The bot calculates how many shares you'll get based on current prices and executes the trade on Polymarket Exchange.

Automated Bot Trading

Let the bot find and execute trades for you based on your criteria:

The bot scans markets continuously and executes trades that match your criteria. You can stop it anytime.

Copy Trading

Follow successful traders automatically:

When the trader you're following makes a trade, your bot makes the same trade (proportionally to your amount limit). Great for beginners!

Wallet & Security

Safe Wallet vs Regular Wallet

We use Safe Wallets (formerly Gnosis Safe) which offer several advantages:

What You Need

How to Get POL and USDC.e

Security Best Practices

• Never share your private keys
• Export and backup your wallet keys
• Start with small amounts to test
• Enable 2FA if available
• Only deposit what you can afford to lose

Fees & Costs

Platform Fees

Blockchain Fees

Polymarket Fees

Why Gasless Trading?

Safe Wallets use a relayer that pays gas fees for you. This means you can trade without needing POL for every transaction. You only need POL for USDC approval and withdrawals!

Frequently Asked Questions

What is USDC.e and why not native USDC?
USDC.e is "bridged USDC" - USDC that was bridged from Ethereum to Polygon. Polymarket uses USDC.e, not native USDC. Make sure you're using the correct token (0x2791Bca1f2de4661ED88A30C99A7a9449Aa84174).
Why do I need to approve USDC.e?
This is a standard blockchain process. You're giving permission to the Polymarket Exchange smart contract to spend your USDC.e. This is safe and required for all DEX trading. You only do it once.
Is unlimited approval safe?
Yes! Unlimited approval is industry standard (used by Uniswap, etc.) and only applies to the specific smart contract (Polymarket Exchange). It can't access other tokens or accounts. You can revoke it anytime on Polygonscan.
How do I withdraw my funds?
Click "Withdraw Funds" in your wallet section. Select token (USDC.e or POL), enter recipient address and amount. For Safe Wallets, your owner address needs ~0.1 POL for gas fees.
Can I use MetaMask instead?
Yes! You can connect an external wallet (MetaMask, Rabby, etc.) but you'll need POL for every transaction. Safe Wallets offer gasless trading which is more convenient.
What happens if the bot loses money?
Prediction markets carry risk just like any trading. Use stop-loss orders to limit losses. Start small, test the bot, and never invest more than you can afford to lose. Past performance doesn't guarantee future results.
How long do trades take to settle?
Trades execute instantly. Markets settle when the event resolves (could be hours, days, or months depending on the market). You can sell your position anytime before settlement.
Can I export my wallet?
Yes! Click "Export Safe Wallet Keys" to get your owner private key. You can import this into MetaMask or any wallet to control your Safe Wallet externally.

Risks & Disclaimers

Important: Please Read

Trading prediction markets carries risk of loss. Do not trade with money you cannot afford to lose. This platform is provided "as is" without warranties. We are not financial advisors. Past performance does not guarantee future results. Bot trading can be profitable but also risky - use stop-loss orders and start small. You are responsible for your trading decisions.

Ready to Start Trading?

Create your account and start trading on Polymarket in minutes!

Get Started Now