In this guide
Polymarket stands as the globe's premier prediction market platform yet presents formidable obstacles for those unfamiliar with cryptocurrency infrastructure. This guide navigates every component 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 blockchain experience whatsoever:
- Launch Telegram → locate @PolyGram_Telegram_bot
- Press Start
- Fund your account using a debit or credit card (wallet setup unnecessary)
- Begin placing trades straight away
Option B: Polymarket Direct Setup
- Download MetaMask extension from metamask.io
- Generate a new wallet — keep your 12-word recovery phrase stored safely in an offline location
- Configure Polygon network within MetaMask (Chain ID 137)
- Obtain USDC on the Polygon chain — acquire ETH via Coinbase, use a bridge service, or purchase USDC directly on Polygon
- Navigate to polymarket.com and link your wallet
- Authorise the sign-in message through MetaMask
- Explore available markets and execute your initial transaction
Reading the Order Book
Upon successful connection, each market displays a full central limit order book:
- Green section = buy orders (demand side) — arranged from highest to lowest price
- Red section = sell orders (supply side) — arranged from lowest to highest price
- Best bid and best ask = the spread you encounter when executing a market purchase
Placing Your First Trade
- Pick a market and select either YES or NO
- Input your desired USDC quantity
- Examine the projected execution price and proceed
- Polygon processes the transaction within roughly 2 seconds
FAQ
- Why does Polymarket require a blockchain wallet?
- Polymarket operates entirely on-chain — holdings are maintained within smart contracts that demand wallet authorisation for access. PolyGram eliminates this requirement by enabling Telegram authentication instead.
- What is the minimum trade on Polymarket?
- Polymarket enforces a minimum trade of roughly $1 depending on prevailing share valuations. PolyGram imposes no such floor.