How to Deposit USDC and Trade on Polymarket

Step 1: Create Your Polymarket Account

Visit Polymarket

Click the button below to go to Polymarket's official website

Connect Your Wallet

Connect your MetaMask or other compatible wallet

Don't have a wallet? Download MetaMask from metamask.io and set it up before continuing. Make sure to securely store your seed phrase!

Complete Identity Verification

Upload a valid government ID and complete KYC verification

Why verification? Polymarket requires KYC to comply with financial regulations and ensure platform security. This process typically takes 5-10 minutes.

Step 2: Get USDC Tokens

Polymarket uses USDC (USD Coin) for all trades. USDC is a stablecoin pegged to the US dollar, making it perfect for prediction markets since $1 USDC = $1 USD.

Option 1: Buy USDC Directly

• Use Coinbase, Binance, or other exchanges
• Buy with credit card or bank transfer
• Transfer to your MetaMask wallet
• Usually fastest for beginners

Option 2: Convert Other Crypto

• Swap ETH, BTC, or other tokens for USDC
• Use Uniswap or other DEX platforms
• Good if you already hold crypto
• Watch out for gas fees

💡 Pro Tip: Start Small

For your first deposit, start with $50-100 USDC to get familiar with the platform. You can always deposit more later as you gain experience.

Step 3: Deposit USDC to Polymarket

Navigate to Deposit

Once logged in, click "Deposit" in the top navigation or go to your wallet section.

Select USDC Amount

Enter the amount of USDC you want to deposit. The platform will show your current wallet balance.

Gas Fees: Remember that you'll need some ETH in your wallet to pay for transaction fees.

Confirm Transaction

Review the transaction details and confirm in your MetaMask wallet. The deposit usually takes 1-3 minutes to process.

Step 4: Make Your First Trade

Now for the exciting part - placing your first prediction market trade! Let's walk through finding a market and making a trade.

Finding Markets to Trade

Browse by Category

• Politics - Elections, policy outcomes
• Sports - Game outcomes, season winners
• Crypto - Price predictions, protocol launches
• Business - Earnings, mergers, IPOs

Look for High Volume Markets

Markets with more trading volume typically have better prices and easier entry/exit.

Choose Your Market

Click on a market that interests you. Read the market description carefully to understand exactly what you're betting on and the resolution criteria.

Select Your Position

Choose "Yes" if you think the event will happen, or "No" if you think it won't. The price shows the market's current probability.

Example: If "Yes" costs $0.65, the market thinks there's a 65% chance the event will happen.

Enter Your Amount

Enter how much USDC you want to spend. The platform will show your potential profit and the number of shares you'll receive.

Profit Calculation: If you buy "Yes" at $0.65 and the event happens, you'll receive $1.00 per share (profit of $0.35 per share).

Review and Confirm

Double-check your trade details, then click "Buy" and confirm the transaction in your wallet. Your position will appear in your portfolio once confirmed.

Trading Tips for Success

✅ Do This

• Start with small amounts while learning
• Research events thoroughly before trading
• Diversify across multiple markets
• Set a budget and stick to it
• Take profits when you're ahead
• Learn from both wins and losses

❌ Avoid This

• Don't bet more than you can afford to lose
• Don't chase losses with bigger bets
• Don't ignore market resolution criteria
• Don't trade based on emotions
• Don't put all money in one market
• Don't forget about gas fees

Ready to Start Trading?

You now have everything you need to start trading on Polymarket. Remember to start small, do your research, and trade responsibly.

Get Started with $10 Bonus

Before You Start:

What You'll Learn: