In this guide
Polymarket ranks as the planet's foremost prediction market platform, yet it presents a formidable challenge for those entering the crypto space for the first time. 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 cryptocurrency background:
- Launch Telegram → locate @PolyGram_Telegram_bot
- Press Start
- Fund your account using a debit or credit card (wallet unnecessary)
- Begin trading straight away
Option B: Polymarket Direct Setup
- Download MetaMask extension from metamask.io
- Generate a wallet — 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, transfer it across chains, or purchase USDC directly on Polygon
- Navigate to polymarket.com and attach your wallet
- Authorise the sign-in message through MetaMask
- Explore available markets and execute your opening position
Reading the Order Book
After connecting, 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 spread you'll encounter when submitting a market order
Placing Your First Trade
- Pick a market and select YES or NO
- Input your USDC quantity
- Examine the projected execution price and proceed
- Your transaction settles on Polygon within approximately 2 seconds
FAQ
- Why is a blockchain wallet mandatory for Polymarket?
- Polymarket operates entirely on-chain — your holdings live within smart contracts that demand wallet verification. PolyGram eliminates this requirement by using Telegram authentication instead.
- What is the minimum trade on Polymarket?
- Polymarket enforces a minimum trade size of roughly $1 based on current share valuations. PolyGram imposes no such floor.