In this guide
Polymarket stands as the planet's foremost prediction marketplace, yet it presents a formidable barrier for those unfamiliar with cryptocurrency infrastructure. This guide navigates you through each phase of the process — or demonstrates 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 demanding any blockchain expertise:
- 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
- Generate a new wallet — record your 12-word recovery phrase and store it safely offline
- Configure the Polygon network within MetaMask (Chain ID 137)
- Obtain USDC tokens on Polygon — acquire ETH via Coinbase, utilise a bridge service, or procure USDC directly on the Polygon chain
- Navigate to polymarket.com and link your wallet
- Authorise the authentication message through MetaMask
- Explore available markets and execute your opening transaction
Reading the Order Book
Upon connection, each market displays a central limit order book:
- Green section = bids (purchasers) — arranged from highest to lowest price
- Red section = asks (vendors) — arranged from lowest to highest price
- Highest bid and lowest ask = the active spread you encounter when executing a market order
Placing Your First Trade
- Pick a market and indicate YES or NO
- Input your desired USDC quantity
- Examine the projected execution price and approve
- Your transaction settles on Polygon within roughly 2 seconds
FAQ
- Why does Polymarket require a blockchain wallet?
- Polymarket operates entirely on-chain — holdings reside within smart contracts that mandate wallet verification. PolyGram eliminates this requirement by leveraging Telegram authentication instead.
- What is the minimum trade on Polymarket?
- Polymarket enforces a minimum trade threshold of roughly $1 depending on current share valuations. PolyGram imposes no such floor.