In this guide
Polymarket stands as the globe's premier prediction market platform yet presents a challenging onboarding experience for those unfamiliar with cryptocurrency infrastructure. This guide covers each stage of the process — or 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 cryptocurrency experience:
- Launch Telegram → locate @PolyGram_Telegram_bot
- Press Start
- Fund your account using a debit or credit card (wallet installation unnecessary)
- Begin trading within moments
Option B: Polymarket Direct Setup
- Download MetaMask extension from metamask.io
- Establish your wallet — record and store your 12-word recovery phrase in a secure offline location
- Configure Polygon network within MetaMask (Chain ID 137)
- Obtain USDC on Polygon — acquire ETH via Coinbase, utilise a bridge service, or purchase USDC directly on the Polygon network
- Navigate to polymarket.com and link your wallet
- Authorise the authentication message through MetaMask
- Explore available markets and execute your initial transaction
Reading the Order Book
Upon successful connection, each market displays a central limit order book with the following structure:
- Green section = bids (prospective buyers) — arranged from highest to lowest price
- Red section = asks (prospective sellers) — arranged from lowest to highest price
- Best bid and best ask = the current spread you encounter when executing a market order
Placing Your First Trade
- Pick your chosen market and select either YES or NO
- Input your desired USDC quantity
- Examine the projected execution price and authorise the transaction
- Your order settles on Polygon within approximately 2 seconds
FAQ
- Why does Polymarket require a blockchain wallet?
- Polymarket operates entirely on-chain — all positions exist within smart contracts that mandate wallet-based authentication for security and settlement. PolyGram eliminates this requirement through Telegram-based account management.
- What is the minimum trade on Polymarket?
- Polymarket enforces a minimum trade size of roughly $1 depending on prevailing share valuations. PolyGram maintains no such floor.