# About Welcome to the Polymarket Docs. Here we aim to provide a robust explanation and understanding of how our protocol works. ![](/files/-Mano1beO6LN0yDu4vzz) ## Introduction ### What is Polymarket? Polymarket is an information markets platform that lets you trade on the world’s most highly-debated topics (e.g. coronavirus, politics, current events, etc). On Polymarket, you build a portfolio based on your forecasts and earn a return if you are right. When you decide to buy shares in a market, you are weighing in with your own knowledge, research, and view of the future. Market prices reflect what traders think are the odds of future events, turning trading activity into actionable insights that help people make better decisions. As a result, Polymarket is a leading source of unbiased and real-time data about future events. ### What is an information market? An information market is where people buy and sell shares on how a future event will resolve. Prices change in response to trading activity. You can buy, trade, or sell shares in future outcomes. ### What blockchain is Polymarket built on? Polymarket is built on the Polygon blockchain, which enables users to purchase and sell tokens without network fees. ## Who's talking about us ![https://www.coindesk.com/why-crypto-whales-love-this-prediction-market](/files/-Mby0H3M21D9E9zt8kG0) ![https://www.wsj.com/articles/you-can-bet-on-the-vaccine-literally-11616710373](/files/-Mby0NxgC9Z68d7l5fx4) ![https://www.forbes.com/sites/rorymurray/2020/10/19/polymarket-raises-massive-4-million-round-from-polychain-naval-ravikant-other-notable-investors/](/files/-Mby0XEu2_UtOH8qEDqU) # Overview **Start here!** If this is your first time using Polymarket, you likely fall into one of these groups (see below👇). {% hint style="info" %} If you are **experienced with Crypto, USDC, wallets, and exchanges**, then skip this overview and go to [creating an account](/getting-started/connecting) or [depositing USDC](/getting-started/depositing-usdc#overview). {% endhint %} ### #1 - You do not have any Crypto. If you are new to Crypto, don't worry, we'll walk you through it. In order to start trading on Polymarket, you have to first create an account, and then fund your wallet with USDC. 1. **Creating an Account** - The recommended method is to use your email address and we'll send you a "magic link" to instantly set up your account and Polymarket wallet. Go [here](/getting-started/connecting/signing-up) for a step-by-step walkthrough. 2. **Buying USDC** - Trading happens on Polymarket with USDC tokens. The easiest way to get USDC if you don't already have any Cryptocurrency is to buy it directly on Crypto.com with a credit card or bank account. Go [here](https://help.crypto.com/en/articles/1961288-how-to-purchase-cro-with-a-credit-debit-card) for a step-by-step walkthrough. 3. **Funding your Wallet** - Now that you have USDC in your free Crypto.com wallet, you can easily transfer it to your Polymarket wallet for a flat fee of $0.08. Go [here](/getting-started/depositing-usdc/from-an-exchange/crypto.com-deposits) for a step-by-step walkthrough. 4. **Doing your First Trade** - Now you're ready to trade. Start by browsing interesting markets [here](https://polymarket.com/) or go [here](/getting-started/making-a-trade) for a step-by-step walkthrough for participating in markets. ### #2 - You have Crypto, but not USDC. If you are somewhat familiar with Crypto and have some in a wallet or exchange, then you're ready to create an account and fund your wallet. You'll have to convert some crypto to USDC first. 1. **Creating an Account** - The recommended method is to use your email address and we'll send you a "magic link" to instantly set up your account and Polymarket wallet. Go [here](/getting-started/connecting/signing-up) for a step-by-step walkthrough. 2. **Converting to USDC** - Trading happens on Polymarket with USDC tokens. So first you need to "swap" some of your existing Crypto for USDC. Exchanges like Coinbase and Crypto.com make it easy to convert BTC, ETH, SOL and just about any token you might own into USDC. Many wallets like Exodus and Metamask also let you convert one token for another. 3. **Funding your Wallet** - Once you've converted some existing Crypto to USDC, you're ready to fund your Polymarket wallet. We recommend using Crypto.com for sending USDC to your Polymarket account because it's fast and nearly free. Create a free Crypto.com account, then send your USDC to your Crypto.com wallet. Now you can easily transfer it to your Polymarket wallet for a flat fee of $0.08. Go [here](/getting-started/depositing-usdc/from-an-exchange/crypto.com-deposits) for a step-by-step walkthrough. 4. **Doing your First Trade** - Now you're ready to trade. Start by browsing interesting markets [here](https://polymarket.com/) or go [here](/getting-started/making-a-trade) for a step-by-step walkthrough for participating in markets. ### #3 - You have USDC in a wallet or exchange. If you are familiar with Crypto and you have some USDC in a wallet or exchange, you are ready to create a Polymarket account and deposit some funds. 1. **Creating an Account** - The recommended method is to use your email address and we'll send you a "magic link" to instantly set up your account and Polymarket wallet. Go [here](/getting-started/connecting/signing-up) for a step-by-step walkthrough. 2. **Funding your Wallet** - We recommend using Crypto.com for sending USDC to your Polymarket account because it's fast and nearly free. Create a free Crypto.com account, then send your USDC to your Crypto.com wallet. Now you can easily transfer it to your Polymarket wallet for a flat fee of $0.08. Go [here](/getting-started/depositing-usdc/from-an-exchange/crypto.com-deposits) for a step-by-step walkthrough. 3. **Doing your First Trade** - Now you're ready to trade. Start by browsing interesting markets [here](https://polymarket.com/) or go [here](/getting-started/making-a-trade) for a step-by-step walkthrough for participating in markets. {% hint style="info" %} What is USDC? USDC is a [stablecoin](https://en.wikipedia.org/wiki/Stablecoin) that is pegged to the US dollar. You can always redeem 1 USD Coin for US $1.00, giving it a stable price. {% endhint %} # Connecting To get started, connect to Polymarket using either your email (Magic Link) or MetaMask wallet. # Email (Magic Link) This visual guide will walk you through signing up for Polymarket. We use [Magic Link](https://magic.link/), a passwordless email login for maximal security and ease of use. ## Visual Guide 1\) Go to [Polymarket.com](https://polymarket.com/), enter your email address, and click `Sign Up`. ![](/files/-M_wWmOkXShRCIEP_eKI) 2\) Open a new tab and go to your email. You will receive an email with the subject "Log in to Polymarket". Open the email and click `Log in to Polymarket`. ![](/files/-Ma-O4sLRI9FYKbr8CsT) 3\) Return to [Polymarket.com](https://polymarket.com/), enter your desired username and optional referral code, and click `Create Account`. Feel free to pick a pseudonymous username, as it will be used in the future when we add social features. ![](/files/-Ma-O92MqyRB6sYYN_D7) ## Related articles * [How can I export my private key? ](/faq/security#how-can-i-export-my-private-key) * [Is Magic safe? ](/faq/security#how-can-i-trust-that-my-money-is-secure) # MetaMask This visual guide will walk you through connecting to Polymarket with MetaMask. ## Visual Guide 1\) Go to [Polymarket.com](https://polymarket.com/), click `Sign Up`, and select the MetaMask option ![](/files/Vp2P9TsSMQmkq3HBVEoo) 2\) Sign the transaction ![](/files/uMgsEOba4WtmCLGspGl8) 3\) Generate your proxy wallet. Proxy wallets allow you to make transactions without owning $MATIC and approving every market, saving you time and money. [Learn more](/faq/connecting-to-polymarket#what-is-a-proxy-wallet) ![](/files/ErXQPG5Dbqp2xwk2IJVp) 4\) Sign the transaction to activate your proxy wallet ![](/files/10OZ2hshBoa9J1H2Z3VD) 5\) Send USDC to your proxy wallet from either the Ethereum or Polygon blockchain. * [Ethereum tutorial](/getting-started/depositing-usdc/from-a-wallet/metamask-deposits) * [Polygon tutorial](/getting-started/depositing-usdc/from-an-exchange) ## Related Articles * [What is a proxy wallet? ](/faq/connecting-to-polymarket#what-is-a-proxy-wallet) # Depositing USDC ## Overview Polymarket is built on the Polygon blockchain and only accepts USDC. We understand that crypto can be overwhelming, so we have compiled a list of options based on your preferences! ### Sending USDC from an exchange
MethodDifficultyKYCCost
⭐️ Crypto.comEasyYes$0.08
KuCoinEasyNo$0.10 - $20
Other exchangesMedium--$$$
### Sending USDC from a wallet
MethodNetworkDifficultyCost
⭐️ MetaMask (Polygon)PolygonEasy$
Non-MetaMask (Polygon)PolygonEasy$
MetaMask (Ethereum)EthereumEasy$$
Non-MetaMask (Ethereum)EthereumIntermediate$$$
### Buying USDC through a bank or debit/credit card
MethodSource of fundsCostLimit
Debit/CreditDebit/Credit card3.5% + $0.50$
Crypto.comBank$
## Related Questions * [What is USDC and where can I buy it? ](/faq/general#what-is-usdc-and-where-can-i-buy-it) # From an exchange Send USDC using a crypto exchange! ### Why should I use an exchange that supports the Polygon network? Using an exchange that allows crypto transfers over the Polygon network saves you time (1 hour -> a few minutes) and money (>$60 -> a few cents). ### What exchanges support the Polygon blockchain?
ExchangeFeeDaily limitNew acct verificationKYC
Coinbase0.02 USDCMisc. 30 minsY
Crypto.com0.8 USDC100,000 USDCUp to 3 busness daysY
Gate.io2 USDC100,000 USDCUp to 12 hoursY
KuCoin0.10 - 20 USDC200 BTC (1 BTC non-KYC)Up to a few days (immediate for non-KYC)N
### Can I send USDC from an exchange not listed above? Yes, you can send USDC from any exchange! However, this process is likely to take longer and is more expensive than the exchanges listed above. View tutorial # ⭐️ Crypto.com $0.08 deposits regardless of how large your deposit is {% embed url="" %} This guide will walk you through depositing USDC to Polymarket using [Crypto.com](https://crypto.com/). ## Visual Guide 1\) Sign up for [Crypto.com](https://crypto.com/) and download their app. 2\) Send funds to Crypto.com using the following methods: * [Send USDC from an exchange or external wallet](https://help.crypto.com/en/articles/1972928-how-to-deposit-crypto-into-the-crypto-com-app) * [Send USD from a bank](https://help.crypto.com/en/articles/2933106-fiat-wallet-usd-bank-transfers-via-ach-network) * [Send EUR with SEPA](https://help.crypto.com/en/articles/2461467-fiat-wallet-eur-bank-transfers-via-sepa-network) * [Buy USDC with a debit or credit card](https://help.crypto.com/en/articles/1961288-how-to-purchase-cro-with-a-credit-debit-card) 3\) Log in to Polymarket and click `Deposit` on the top of the page 4\) Select `Exchange/Other` > `Polygon` and copy your address ![](/files/LIF7Q9jhyuY7Ae4XXSRo) 5\) Open your Crypto.com app and select `Transfer` -> `Withdraw` -> `External Wallet` -> `Add Wallet Address` -> look up USDC. ![](/files/-MkEV4VJe32KNSjvY2tg) 6\) Select the Polygon tab and paste the copied address in `USDC Wallet Address` {% hint style="info" %} Sending USDC over the wrong network could mean losing your funds. Be sure to choose the Polygon network. When in doubt, send a small amount first. {% endhint %} ![](/files/-MkEiHsDI79SNTUAdKDM) 7\) Select `Withdraw USDC`, enter the USDC you would like to send, and select `Withdraw`. ![](/files/-MkEiTXr8xS2zxsHJG9f) 7\) You will receive your funds in a few minutes! # Coinbase $0.02 deposits regardless of how large your deposit is {% hint style="info" %} Coinbase has temporarily put a hold on deposits over the Polygon network. View the [Other Exchanges](/getting-started/depositing-usdc/from-an-exchange/manual-deposits) tutorial to learn how to deposit funds. {% endhint %} ## Visual Guide 1\) Sign up for [Coinbase](https://www.coinbase.com/) using their app or website 2\) Add a payment method to your account and send money or send crypto to your wallet address. [Learn more](https://help.coinbase.com/en/coinbase/getting-started) 3\) Trade your money or crypto for USDC. [Learn more](https://help.coinbase.com/en/coinbase/trading-and-funding/buying-selling-or-converting-crypto/how-do-i-buy-digital-currency) 4\) Log in to Polymarket and click `Deposit` on the top of the page 5\) Select `Exchange/Other` > `Polygon` and copy your address ![](/files/LIF7Q9jhyuY7Ae4XXSRo) 5\) Open Coinbase and select `Send` ![](/files/iK7of3pxwmqAHu1q8OAn) 6\) Select USDC, enter the amount of USDC you want to send, and paste the address that you copied from Polymarket ![](/files/C7x2rWbUL2ZveykNJqZv) 7\) Switch your network from Ethereum to Polygon {% hint style="info" %} Sending USDC over the wrong network could mean losing your funds. Be sure to choose the Polygon network. When in doubt, send a small amount first. {% endhint %} ![](/files/1qGjJwzNFN73H3L6SNJu) 8\) Click `Send Now`. You will receive your funds in a few minutes! # Other exchanges A more expensive way to send USDC from an exchange This guide will walk you through sending USDC from an exchange that does not support the Polygon network ## Requirements * USDC ## Visual Guide 1\) Click `Deposit` at the top of the page 2\) Select `Exchange/Other` > `Ethereum` and copy the address 3\) Send USDC from your exchange to the copied address {% hint style="info" %} Sending ETH or any other token to this address may result in the loss of your funds. {% endhint %} 4\) Once there is enough USDC, a popup will appear. Click `Initiate Deposit` once you have enough USDC. 5\) Review the following information and select `Initiate Deposit`. {% hint style="info" %} The network fee can change due to demand. It includes either a $3 or a 0.3% fee (whatever is greater), paid to external parties relaying the transaction. Learn more about the network fee [here](/faq/deposits-and-withdrawals#how-is-the-network-fee-calculated-does-any-of-it-go-to-polymarket). {% endhint %} ![](/files/-MgwWm-NDxxXZehBhFe3) 6\) Your funds are on their way and will arrive within 30 minutes! ![](/files/-MgwX0cxqY-zpuvmqikv) ## Related Articles * [What is USDC and where can I buy it? ](/faq/general#what-is-usdc-and-where-can-i-buy-it) * [How is the network fee calculated? Does any of it go to Polymarket?](/faq/deposits-and-withdrawals#how-is-the-network-fee-calculated-does-any-of-it-go-to-polymarket) * [Why did the network fee become more or less expensive? ](/faq/deposits-and-withdrawals#why-did-the-network-fee-become-more-or-less-expensive) # From a wallet ### Wallet deposit options
MethodNetworkDifficultyCost
⭐️ MetaMask (Polygon)PolygonEasy$
Non-MetaMask (Polygon)PolygonEasy$
MetaMask (Ethereum)EthereumEasy$$
Non-MetaMask (Ethereum)EthereumIntermediate$$$
### Why do you recommend sending USDC over Polygon? Sending USDC over Polygon saves you time (30 mins -> a few minutes) and money (>$30 -> a few cents). ### What wallets do you support? We allow deposits from any crypto wallet that supports the Polygon or Ethereum chain. # Polygon deposits
1\) Click "Deposit" at the top of the page 2\) Select `Exchange/Other` > `Polygon` 3\) Confirm that you want to send USDC from the **Polygon** network 4\) Copy the address provided 5\) Paste your address into your exchange, send USDC over the Polygon network, and receive the funds in under a minute! {% hint style="info" %} Sending USDC over the wrong network could mean losing your funds. Be sure to choose the right network. When in doubt, send a small amount first. {% endhint %} # Ethereum deposits Send USDC from your walle on the Ethereum blockchain ## Using Metamask ### Requirements * USDC * ETH * MetaMask ### Visual Guide 1\) Install [MetaMask](https://metamask.io/download.html) on a supported browser. Check out [our video guide](https://www.youtube.com/watch?v=QEIbZqyCU7I) if you don't already have MetaMask. ![](/files/-Ma05qG9yQdM0Ww5NQsk) 2\) Copy your MetaMask wallet address and send USDC and ETH from an exchange like Coinbase or Kraken. ![](/files/-Ma06oOB2V47gfQ0K7Jl) 3\) Click `Deposit` on the top of the page, select `MetaMask` > `Ethereum`, and click `Connect Wallet` ![](/files/m37iWhBkfFkkQR7YpW6f) 4\) `C`lick `Approve` and click `Confirm` in the MetaMask extension. You will be charged a fixed, one-time fee to authorize Polymarket to spend USDC. {% hint style="info" %} Skip this step if you have previously deposited USDC on Polymarket with MetaMask. {% endhint %} ![](/files/nXeEd6AcERYFeDctRSii) 5\) Once the transaction is approved, enter the amount of USDC you would like to deposit, click `Deposit`, and click `Confirm` in the MetaMask extension. {% hint style="info" %} The gas fee is a flat fee that is the same for a $1 and a $1,000,000 transaction. {% endhint %} 7\) Once the transaction is approved, a timer will appear and you will receive your funds in 30 minutes or less! ## Using another wallet ### Requirements * USDC ### Visual Guide 1\) Click `Deposit` at the top of the page 2\) Select `Exchange/Other` > `Ethereum` and copy the address 3\) Send USDC from your exchange to the copied address {% hint style="info" %} Sending ETH or any other token to this address may result in the loss of your funds. {% endhint %} 4\) Once there is enough USDC, a popup will appear. Click `Initiate Deposit` once you have enough USDC. 5\) Review the following information and select `Initiate Deposit`. {% hint style="info" %} The network fee can change due to demand. It includes either a $3 or a 0.3% fee (whatever is greater), paid to external parties relaying the transaction. Learn more about the network fee [here](/faq/deposits-and-withdrawals#how-is-the-network-fee-calculated-does-any-of-it-go-to-polymarket). {% endhint %} ![](/files/-MgwWm-NDxxXZehBhFe3) 6\) Your funds are on their way and will arrive within 30 minutes! ![](/files/-MgwX0cxqY-zpuvmqikv) ## Related Articles * [What is USDC and where can I buy it? ](/faq/general#what-is-usdc-and-where-can-i-buy-it) * [What is ETH and where can I buy it? ](/faq/general#what-is-eth-and-where-can-i-buy-it) * [What are Ethereum gas fees? Why do I need to pay them?](/faq/deposits-and-withdrawals#what-are-ethereum-gas-fees-why-do-i-need-to-pay-them) * [I deposited USDC using MetaMask but my funds aren't appearing.](/faq/deposits-and-withdrawals#i-deposited-usdc-using-metamask-but-my-funds-arent-appearing) * [Why is MetaMask not working on my phone? ](/faq/general#what-browsers-do-you-support) # From a debit/credit card Purchase USDC using a debit card, credit card, or bank (SEPA) This guide will walk you through depositing USDC to Polymarket with a debit or credit card. Users in the US cannot use this method due to compliance issues. View limitations [here](https://www.notion.so/On-ramp-Buy-Crypto-976ee96fc0764628ba990b550b1310d3). {% embed url="" %} ## Requirements * Debit or credit card ## Visual Guide 1\) Select the Debit or Credit Card deposit method, enter the amount you would like to deposit, and click `Buy Now`. {% hint style="info" %} Users located in the US cannot use this method. Check if you are able to use this method [here](https://www.notion.so/On-ramp-Buy-Crypto-976ee96fc0764628ba990b550b1310d3). {% endhint %} ![](/files/-Ma0lSU7SX1nhoEWeu-q) 2\) Click `Buy USDC`. ![](/files/-Ma0nBXaAP81FnA_Nxa9) 3\) Enter your email, click `Continue`, and enter the verification code sent to your email address. ![](/files/-Ma0nEU_3POGzm48XNy8) 4\) Enter your remaining personal and payment information. 5\) Once the transaction is successful, you will receive your funds in approximately 5 minutes! ## Related Articles * [Why is my debit or credit card not working? ](/faq/deposits-and-withdrawals#why-is-my-debit-or-credit-card-not-working) * [Why can I only pay in Euros with a debit/credit card? ](/faq/deposits-and-withdrawals#why-can-i-only-pay-in-euros-with-a-debit-credit-card) # Building a portfolio Once your deposit is successful, you have all you need to start experiencing Polymarket’s unlimited trading. ## Visual Guide 1\) Click on `Markets` in the Navigation Bar at the top of the page. ![](/files/-Ma44FBH9yepamaNnXFH) 2\) Browse the available markets and select one that interests you. ![](/files/-Ma4A_SatNM_gnK7N-oE) 3\) Choose the outcome you believe will resolve correctly in the Buy/Sell Modal. Next, input the USDC worth of shares you'd like to buy. 1. Current market price 2. Price of the market after your action. The larger the order size and the lower the liquidity is, the greater the prices will change. 3. **Your Avg. Price:** The average price you’re paying for each outcome share. The larger the order size and the lower the liquidity is, the higher your average price will be when buying shares. 4. **Estimated Shares Bought:** Approximately how many shares you will purchase. This number may change due to external slippage. 5. **Maximum Winnings:** The amount of USDC you will be able to redeem if you are right. 6. **Max. Return on Investment:** The maximum percentage gain you will achieve if you are right. ![](/files/-Ma4vx41q72MhGDtVZ5p) 4\) Click `Buy`, review your transaction, agree to our TOS and Privacy Policy, and click `Confirm`. ![](/files/-Ma51P4i30WirNNsQXkt) 5\) Your transaction will process within 20 seconds. ![](/files/-Ma51jQz66OuxhsAYV-m) ## Related Articles * [I received an error when I submitted my transaction. What do I do? ](/faq/trading#i-received-an-error-when-i-submitted-my-trade-what-do-i-do) * What is external slippage? * What is internal slippage and how is it affected by slippage protection? * [What is an Automated Market Maker (AMM)?](/glossary#automated-market-maker) # Monitoring positions ## Individual Positions There are two ways to monitor your positions and their market performance: 1\) View all your positions in the "Portfolio" tab of the navigation bar. ![](/files/-Ma55zJeoaODcArVj26V) 2\) View individual positions on each market page. ![](/files/-Ma56iQ-p1zpU7Gx0kZ4) ### Metrics * **Outcome**: The outcome share that you’ve purchased. If this proves true, you win $1/share. * **Price: Avg | Cur.**: The average price paid per share and the current market price. * **P/L: $ | %**: Your profit or loss on the position in USDC and percentages. * **Quantity**: The number of outcome shares you own. * **Value: Init. | Cur.**: The total value of your initial and current position. * **Max. Payout**: The maximum amount of USDC you can win. ## Total Positions You can view your total positions on both the "Markets" and "Portfolio" pages. ![](/files/-Ma59QR9cp-GoSo0aOxb) ### Metrics * **Portfolio Value:** The total market value of all your positions and cash balance. * **Open Positions**: The market value of all your positions. * **Cash**: Your account’s cash balance. ## Related Articles * Why can I not see a position in my portfolio? * Why is my average price is different than the price I originally purchased the shares? * What are my shares worth if I hold them until the market is resolved? # Selling & redeeming shares This visual guide will walk you through selling and redeeming shares. ## Selling Shares 1\) Go to the individual market page, locate the Buy/Sell Modal, and click the `Sell` tab. ![](/files/-Ma5EUb38426_T-s5s6n) 2\) Enter the number of shares you intend to sell or click `Max`. Review the metrics and click `Sell`. ![](/files/-Ma5EpOMylf-1c8r-dlv) 3\) Review your trade, agree to our TOS and Privacy Policy, and click `Confirm`. ![](/files/-Ma5FLpBYe6Z0oOGQ1WX) 4\) Your trade will process within 20 seconds. Be sure to tweet your trade! ![](/files/-Ma5FkjrhY8Q85wH7pR3) ## Redeeming Shares 1\) Click `Portfolio` to view your individual positions. ![](/files/-MaFGRWxhVJOhZhJQ-QR) 2\) Scroll down to see your market positions. Once a market has resolved, the button will change from `Trade` to `Redeem`. Click `Redeem`. ![](/files/-MaFGUQf4NlargS9qg4F) 3\) Click `Redeem Winnings`. ![](/files/-MaFHKC6hIvIsJU3Y5Pd) 4\) You have successfully redeemed your shares! Check out our other markets to maximize those returns! ## Related Articles * I received an error when I submitted my trade. What do I do? * What is external slippage? * What is internal slippage and how is it affected by slippage protection? * What is an Automated Market Maker (AMM)? # Withdrawing USDC ![](/files/-Me6gF42izNYNqp3rteb) There are 3 ways to withdraw funds from your Polymarket account: 1. [Manual withdrawals](https://polymarket.gitbook.io/pm-draft/getting-started/withdrawing-usdc/manual-withdrawals) (Easiest) 2. [Peer-to-peer withdrawals](https://polymarket.gitbook.io/pm-draft/getting-started/withdrawing-usdc/peer-to-peer-withdrawals) (Cheapest) 3. [Polygon withdrawals](https://polymarket.gitbook.io/pm-draft/getting-started/withdrawing-usdc/matic-withdrawals) (Cheap and fast) ## Which withdrawal method is the best for me? ![](/files/-Me75400l5sQ04qS8zTS) # Changehero.io withdrawals Non-KYC method to withdraw USDC to an exchange {% embed url="" %} ## Guide 1\) Head to [Changehero.io](https://changehero.io/) and enter "USDCPOLYGON" to send and "USDC" to receive 2\) Enter your USDC deposit address in the "Recipient USDCPOLYGON wallet" field 3\) Confirm the transaction 4\) On the Polymarket withdrawal page, send the USDC to the address that Changehero requested. 5\) Receive your funds in 5-30 minutes! # Crypto.com withdrawals This guide will walk you through withdrawing USDC to Polymarket using [Crypto.com](https://crypto.com/). The minimum withdrawal amount is $50 USDC. If you would like to withdraw less, we recommend using the [Peer-to-Peer method](/getting-started/withdrawing-usdc/peer-to-peer-withdrawals). ## Requirements Withdrawing funds from Polymarket ***to*** Crypto.com is free. If you want to move their funds ***from*** the Crypto.com app, please note the following restrictions: | | **USDC Withdrawals** | **Bank Withdrawals** | | ---------------------- | -------------------- | ------------------------------------------- | | **Withdrawal Minimum** | 50 USDC |

$100 USD

(or $100 USD equiv.)

| | **Fee** | 25 USDC | Free | | **Processing Time** | 5-10 minutes | 3-5 days | ## Visual Guide 1\) Head to [polymarket.com/profile](https://polymarket.com/profile), select `Withdraw`, and select `Initiate Withdrawal`. ![](/files/-MkEQwWh4D9WxBrAyzab) 2\) Open the crypto.com and select `Transfer` -> `Deposit` -> `Crypto` -> search up USDC. ![](/files/-MkEV4VJe32KNSjvY2tg) 3\) Select the Polygon tab and copy the address below. ![](/files/-MkEV8Mvdbb2u_G55xTt) 4\) Head back to Polymarket, paste the address, and enter the amount of USDC you want to withdraw. USDC withdrawals from Polymarket ***to*** Crypto.com are free, but USDC withdrawals ***from*** Crypto.com are $25. ![](/files/-MkEVAoY4j6-SnHpM7IB) 5\) Once the withdrawal is successful, you will receive your funds in a few minutes! ## Withdrawing out of Crypto.com * [Withdrawing USD to a bank](https://help.crypto.com/en/articles/3857197-fiat-wallet-usd-withdrawal-via-ach) * [Withdrawing EUR to a bank](https://help.crypto.com/en/articles/3429754-fiat-wallet-eur-withdrawal-via-sepa) * [Withdrawing USDC to another address](https://help.crypto.com/en/articles/3511870-how-to-withdraw-cryptocurrency-from-my-crypto-com-exchange-wallet-to-external-wallet-address) # Polygon withdrawals This guide will walk you through withdrawing USDC to Polymarket using the Polygon bridge. {% embed url="" %} ## Requirements * ETH * MetaMask ## Visual Guide 1\) Connect to the [Matic RPC](https://docs.matic.network/docs/develop/network-details/network/) on MetaMask. If you haven't added it, open your MetaMask extension, click `Ethereum Mainnet`, and select `Custom RPC`. ![](/files/-ManeWvKCvsTMnKkAeBb) 2\) Enter the information below and click `Save`. * **Network Name:** Polygon Mainnet * **New RPC URL:** * **Chain ID:** 137 * **Currency Symbol:** MATIC * **Block Explorer URL:** ![](/files/IsLETBmPxGlgWozRC51d) 3\) Click on your MetaMask address in the extension to copy your address. ![](/files/-ManguPfRR1LVOLndNb-) 4\) Head to [polymarket.com/profile](https://polymarket.com/profile) and select `Withdraw`. ![](/files/-MajnCDAD_dmLrI9_YNa) 5\) Select the Peer-to-Peer method, enter the amount you want to withdraw, paste the wallet address, and click `Initiate Transfer`. ![](/files/-Mak0LUQBiEo-oMtO9nF) 6\) Head to and connect your MetaMask wallet. ![](/files/-ManfMC-z8sgqi9Mc4vn) 7\) Find your USDC balance and click `Withdraw`. ![](/files/-ManhTgSupLfwySzLMW7) 8\) Enter the amount of USDC you would like to withdraw and click `Transfer`. ![](/files/-Mani1nHKyJiYOghRqzJ) 9\) Confirm the next windows until you see this screen below. This will take approximately 3 hours to process. ![](/files/-ManjAoUtxcpZg8s7CZe) 10\) When the 3 hours have passed, switch back to the Ethereum Mainnet in your MetaMask extension. ![](/files/-ManjvUkovaYqKi5-e_3) 11\) Head back to and select `Action Required`. ![](/files/-ManlvdN3S-2J0eRCxtK) 12\) Click `Continue`. ![](/files/-Manm-fD5soGSBwgCLSO) 13\) Your MetaMask extension will open. Click `Confirm` to authorize this transaction. ![](/files/-ManmJphBcUysd1h99E-) 14\) Once the transaction has completed in a few minutes, you will see your funds in your MetaMask wallet! ## Related Articles * # Hop withdrawals This guide will walk you through withdrawing USDC to Polymarket using Hop withdrawals. Hop is the fastest way to transfer USDC from Polymarket to an exchange or to an address on Ethereum. If you want to pay $25 or less, we recommend using the [Crypto.com method](/getting-started/withdrawing-usdc/crypto.com-withdrawals). ## Requirements * USDC * Fee: Network fee + 0.18% of withdrawal ## Visual Guide 1\) Head to [polymarket.com/profile](https://polymarket.com/profile), select `Withdraw`, and select `Hop Withdrawals`. ![](/files/-MkEZOM3bATwP-e-VWlu) 2\) Paste the intended USDC address and enter the amount you want to withdraw. {% hint style="info" %} If you are sending funds to an exchange, only use the USDC deposit address. If you are sending funds to a wallet, funds will be sent to the Ethereum network. {% endhint %} ![](/files/-MkE_ivAiPgGT8Ha017q) 3\) Once the withdrawal is marked as successful, you will receive your funds in 10 minutes! ![](/files/-MkEaTBpaBLDnpxcaDp_) # Peer-to-peer withdrawals This guide will walk you through withdrawing USDC to Polymarket using the Peer-to-peer method. {% embed url="" %} ## Requirements * Another Polymarket user or any wallet on the Polygon chain ## Visual Guide 1\) Head to our [Discord](https://polymarket.co/DepositsWithdrawalsMediumDiscord) and use the `#peer-to-peer` channel to coordinate with another Polymarket user who has USDC on Ethereum. ![](/files/-Mak1aH1VBpfGH6HKpI8) 2\) (i) If someone responds, (ii) search `from:[username]` in the top right to check that they are an active participant in the Discord. ![](/files/-Mak1cxKWJ0NyRi7bqjd) 3\) DM the user and agree upon the transaction fee and the payment method that you will pay the other community member. They will then send you their wallet address once terms have been reached. ![](/files/-Mak1zxjjMlFVeU5mi3F) 4\) Head to [polymarket.com/profile](https://polymarket.com/profile) and select `Withdraw`. ![](/files/-MajnCDAD_dmLrI9_YNa) 5\) Select the Peer-to-Peer method, enter the amount you want to withdraw, paste the other Polymarket user's wallet address, and click `Initiate Transfer`. ![](/files/-Mak0LUQBiEo-oMtO9nF) 6\) You will receive USDC within 5 minutes of the other user sending you funds! Be sure to confirm that the transaction was successful in `#peer-to-peer` on Discord so other users know that you are both reliable. ![](/files/-Ma0VIxtN9OnD8v_z78N) ## Related Articles * [How do I know if a Peer-to-peer user is trustworthy? ](/faq/deposits-and-withdrawals#how-do-i-know-if-a-peer-to-peer-user-is-trustworthy) # FAQ ### [**General**](/faq/general) * [What is Polymarket?](/faq/general#what-is-polymarket) * [What blockchain is Polymarket built on?](/faq/general#what-blockchain-is-polymarket-built-on) * [What is USDC and where can I buy it? ](/faq/general#what-is-usdc-and-where-can-i-buy-it) * [What browsers do you support? ](/faq/general#what-browsers-do-you-support) ### [Connecting to Polymarket](#undefined) * [What is a proxy wallet?](/faq/connecting-to-polymarket#what-is-a-proxy-wallet) ### [Deposits & Withdrawals](/faq/deposits-and-withdrawals) * [Why are there fees to deposit and withdraw my USDC and why do I need to pay them?](/faq/deposits-and-withdrawals#why-are-there-fees-to-deposit-and-withdraw-my-usdc-and-why-do-i-need-to-pay-them) * [Why did the network fee become more or less expensive?](/faq/deposits-and-withdrawals#why-did-the-network-fee-become-more-or-less-expensive) * [I deposited USDC using MetaMask but my funds aren't appearing.](https://legacy-docs.polymarket.com/pages/-ManqY3mRM5ElRa1FoS4#i-deposited-usdc-using-metamask-but-my-funds-arent-appearing.) * [How is the network fee calculated?](/faq/deposits-and-withdrawals#how-is-the-network-fee-calculated) * [How do I know if a Peer-to-peer user is trustworthy?](/faq/deposits-and-withdrawals#how-do-i-know-if-a-peer-to-peer-user-is-trustworthy) * [Why is my debit or credit card not working?](/faq/deposits-and-withdrawals#why-is-my-debit-or-credit-card-not-working) * [I had an old, pending manual deposit/withdrawal and I can't find it anymore. What happened to my funds?](https://legacy-docs.polymarket.com/pages/-ManqY3mRM5ElRa1FoS4#i-had-an-old-pending-manual-deposit-withdrawal-and-i-cant-find-it-anymore.-what-happened-to-my-funds) * [10 minutes have passed and I still haven't received my funds.](https://legacy-docs.polymarket.com/pages/-ManqY3mRM5ElRa1FoS4#10-minutes-have-passed-and-i-still-havent-received-my-funds.) ### [Markets](/faq/markets) * [What is an information market?](/faq/markets#what-is-an-information-market) * [What sets the probabilities on a market?](/faq/markets#what-sets-the-probabilities-on-a-market) * [What are the different types of markets?](/faq/markets#what-are-the-different-types-of-markets) * [I have a great idea for a market. Do you take suggestions?](/faq/markets#i-have-a-great-idea-for-a-market-do-you-take-suggestions) ### [Portfolio & Shares](/faq/trading) * [What do I need to do before I can start trading?](/faq/trading#what-do-i-need-to-do-before-i-can-start-trading) * [How should I decide whether to buy shares?](/faq/trading#how-should-i-decide-whether-to-buy-shares) * [I've changed my mind about a trade. Can I sell my shares?](/faq/trading#ive-changed-my-mind-about-a-trade-can-i-sell-my-shares) * [When does a market close?](/faq/trading#when-does-a-market-close) * [What are my shares worth if I hold them until the market is resolved?](/faq/trading#what-are-my-shares-worth-if-i-hold-them-until-the-market-is-resolved) * [Can I own both ‘Yes’ and ‘No’ shares for a market at the same time?](/faq/trading#can-i-own-both-yes-and-no-shares-for-a-market-at-the-same-time) * [I received an error when I submitted my trade. What do I do?](https://legacy-docs.polymarket.com/pages/-M_wSDQZMHY8Mvsico2M#i-received-an-error-when-i-submitted-my-trade.-what-do-i-do) * Can I set my own gas when submitting a transaction? ### [Liquidity](/faq/liquidity) * [How does liquidity work at Polymarket?](/faq/liquidity#how-does-liquidity-work-at-polymarket) * [Why is liquidity necessary for the markets?](/faq/liquidity#why-is-liquidity-necessary-for-the-markets) * [What is the incentive for me to add liquidity?](/faq/liquidity#what-is-the-incentive-for-me-to-add-liquidity) * [How do I know how many liquidity shares I will get?](/faq/liquidity#how-do-i-know-how-many-liquidity-shares-i-will-get) * [Are there any risks to adding liquidity?](/faq/liquidity#are-there-any-risks-to-adding-liquidity) * [I received an error when I tried to remove my liquidity. What do I do?](https://legacy-docs.polymarket.com/pages/-Mb8iNEE_gjep-E2ufKj#i-received-an-error-when-i-tried-to-remove-my-liquidity.-what-do-i-do) ### [Resolution](/faq/resolution) * [What happens when a market resolves?](/faq/resolution#what-happens-when-a-market-resolves) * [What should I do when a market resolves?](/faq/resolution#what-should-i-do-when-a-market-resolves) * [Can there be more than one winner in a market?](/faq/resolution#can-there-be-more-than-one-winner-in-a-market) ### [Security](/faq/security) * [Have Polymarket's smart contacts been audited?](/faq/security#have-polymarkets-smart-contacts-been-audited) * [Where are my funds if you don't use MetaMask?](/faq/security#where-are-my-funds-if-you-dont-use-metamask) * [Why do you need my email?](/faq/security#why-do-you-need-my-email) * [How can I export my private key?](/faq/security#how-can-i-export-my-private-key) * [Will you ever ask for my private key?](/faq/security#will-you-ever-ask-for-my-private-key) # General ### **What is Polymarket?** Polymarket is an information markets platform that lets you trade on the world’s most highly-debated topics (e.g. coronavirus, politics, current events, etc). On Polymarket, you build a portfolio based on your forecasts and earn a return if you are right. When you decide to buy shares in a market, you are weighing in with your own knowledge, research, and view of the future. Market prices reflect what traders think are the odds of future events, turning trading activity into actionable insights that help people make better decisions. As a result, Polymarket is a leading source of unbiased and real-time data about future events. ### What blockchain is Polymarket built on? Polymarket is built on the Polygon blockchain, which enables users to purchase and sell tokens without network fees. ### What is USDC and where can I buy it? USD Coin (USDC) is a type of cryptocurrency called a stablecoin. Since 1 USDC can be redeemed for exactly $1.00 USD, the price is always stable. Polymarket uses USDC for transaction speed, security, and transparency. You can purchase USDC directly on a centralized exchange like [Coinbase](http://coinbase.com/usdc), a [debit/credit card](/getting-started/depositing-usdc/debit-or-credit-card-deposits) on Polymarket for non-US residents, or a decentralized exchanged like [Uniswap](https://app.uniswap.org/#/swap). ### What browsers do you support? You can freely navigate and explore the site with any browser. You can sign up, deposit, withdraw and trade with the following browsers: | Supported Desktop Browsers | Supported Mobile Browsers | | -------------------------- | ------------------------- | | Chrome | Chrome | | Firefox | MetaMask | | Safari | | | Brave | | {% hint style="info" %} The MetaMask app is required for MetaMask mobile deposits {% endhint %} ### **What are your trading hours?** Polymarket is built on the Polygon blockchain. As a result, Polymarket is always open for trading. # Connecting to Polymarket ### What is a proxy wallet? **TLDR: Proxy wallets allow you to make transactions without owning $MATIC and approving every market, saving you time and money.** A typical trade requires gas to approve and then initiate the transaction. If Polymarket did not use proxy wallets, you would need to own $MATIC to approve a market (30-60 seconds) and then initiate the transaction (20-40 seconds). Proxywallets enable you to submit transactions through a relayer that will pay the gas, removing the need to approve every single market and pay for gas yourself. # Deposits & Withdrawals ### **Why are there fees to deposit and withdraw my USDC and why do I need to pay them?** To interact with the Ethereum blockchain, users have to pay gas to have their transactions processed. This is true for any application built on Ethereum that is performing a transaction on the blockchain. For Polymarket users, there are two times where they will have to pay gas fees: (1) when depositing funds and (2) when withdrawing funds. For more details, see [Getting Started](/getting-started/overview)**.** {% hint style="info" %} Fees are paid directly to miners and relayers. Polymarket does not take any fees from deposits and withdrawals. {% endhint %} ### Why did the network fee become more or less expensive? The Ethereum network can process a limited number of transactions per second. Those transactions are selected by the amount of gas the user is willing to pay from highest to lowest. Generally, the price of gas increases when there is greater demand across the network and decreases when the network is less congested. ### I deposited USDC using MetaMask but my funds aren't appearing. If this was your first time using MetaMask on Polymarket, you paid a one-time fee to authorize USDC on Polymarket. Please initiate the deposit again! If this is not your first time using MetaMask, check [etherscan.io ](https://etherscan.io/)if your transaction was successful. If the transaction was confirmed, you will receive the USDC in approximately 10 minutes! ### How is the network fee calculated? The network fee is comprised of 1) the [Ethereum gas fee](/faq/deposits-and-withdrawals#what-are-ethereum-gas-fees-and-why-do-i-need-to-pay-them) and 2) the relayer fee. The Ethereum gas fee is a systematic fee that is required to send funds from one wallet address to another. This fee is traditionally paid in ETH and is an additional cost. Our deposit method takes a USDC fee from the existing deposit amount, saving you time and getting rid of the need to pay in an entirely separate currency. ![](/files/-Mgw_hY4pocGKfnb8zJh) Direct USDC deposits are fully decentralized, meaning that any person can decide to help Polymarket provide this service. People are incentivized to help through a relayer fee. The relayer fee will be either (1) $3 + the network fee or (2) 0.3%, depending on which is higher. If the gas fee is 10 USDC, that means that the relayer fee will default to 3 USDC unless the deposit is greater than 4,333.33 USDC (4,333 \* 0.3% = 10 + 3). ### How do I know if a Peer-to-peer user is trustworthy? There has been no report of a user scamming another user since we have implemented the peer-to-peer system. To verify a user, you can join our Discord and type `,p2p` in the #peer-to-peer channel to verify if a user has completed P2P transactions in the past. You can also search `from:[username]` in the top right of our Discord to check that they are an active participant and have completed a P2P transaction in the past. ### Why is my debit or credit card not working? Transak has limits on the amount of USDC purchased depending on your location. Check if you are able to use this method [here](https://www.notion.so/On-ramp-Buy-Crypto-976ee96fc0764628ba990b550b1310d3). If the problem persists, please contact Transak [here](https://support.transak.com/hc/en-us). ### I had an old, pending manual deposit/withdrawal and I can't find it anymore. What happened to my funds? We have recently upgraded our deposit processes to allow users to pay in USDC rather than ETH, which affects users who were using our legacy system involving the ETH network fee. Please head to to process your deposit. We apologize for the inconvenience and confusion this may have caused. ### 10 minutes have passed and I still haven't received my funds. If you are waiting for a Hop withdrawal, please email with the amount of USDC you were withdrawing and the destination address. If you are waiting for a Manual or MetaMask deposit, there may be network congestion and your funds will arrive in a few minutes. Please contact if the issue persists. ### I sent the wrong token to my address. How do I recover it? **Email (Polygon)** \ \ **Email (Ethereum)** \ \ **MetaMask**\ 1\. Go to and connect your MetaMask wallet 2\. Select `Add Existing Safe` 3\. Select the network where your tokens are located 4\. Copy your address from and paste it as the Safe Address 5\. View the created safe and click Send to send your token to another address. (NOTE: Your MetaMask wallet must own ETH/MATIC in order to send the token.) # Liquidity ### How does liquidity work at Polymarket? The current market structure uses [Automated Market Makers (AMMs)](/glossary#automated-market-maker). Rather than have a centralized market maker that provides liquidity like the NYSE, the markets allow any user to add liquidity to the pool of assets. Each liquidity pool (LP) share that is owned will mint a set of 1 token for each outcome. If there is a question with outcomes YES and NO, each LP share mints 1 YES and 1 NO. ### Why is liquidity necessary for the markets? Lower liquidity causes a larger, negative price impact when buying or selling outcome tokens. Imagine that there was an Olympic swimming pool and a children's pool. If someone took out 3 liters of water, the volume of the smaller pool would decrease by a greater percentage than the larger pool. ### What is the incentive for me to add liquidity? Users that add liquidity earn a percentage of each trade, proportionate to their ownership of the liquidity pool. This fee varies and can be seen in the buy/sell widget. For example, Alice owns $1,000 of liquidity in a $10,000 pool with a 2% LP fee. Bob buys $5,000 worth of tokens, which means Alice would earn $10 (5,000 \* 0.02 \* (1,000/10,000)). There is also an incentive to provide liquidity for the public good. Many people visit the site to see the probability of events that matter to them. The more liquidity that is provided, the more participants will participate in the market, increasing the accuracy of the data. ### How do I know how many liquidity shares I will get? The number of LP shares you receive depends on the price of the outcomes. The more one-sided a market is, the fewer LP shares you will receive per dollar (see diagram below). Instead of receiving LP shares, you will get compensated in outcome tokens of the most probable event. ![](/files/-MkIKCoixzOyhBmZ3wve) ### Are there any risks to adding liquidity? Adding liquidity to markets can be very rewarding but requires management to prevent losses. The greatest risk to an LP is when prices shift dramatically, causing the outcome tokens to lose value. For example, Bob adds $100 USDC to the liquidity pool when YES is $0.90 and NO is $0.10. He gets 10 LP tokens and $90 worth of YES. If the price of YES suddenly changes to $0.50, Bob's YES tokens are now only worth $50, resulting in a 40% loss. ### I received an error when I tried to remove my liquidity. What do I do? Purchase $1 worth of outcome tokens in the market and try removing your liquidity again. If your problem persists, please contact us on [Discord](https://discord.com/invite/hGYPGru) or Intercom. # Markets ### **What is an information market?** An information market is where people buy and sell shares on how a future event will resolve. Prices change in response to trading activity. You can buy, trade, or sell shares in future outcomes. ### **Who sets the probabilities on a market?** The prices of shares in each market reflect the probabilities of the outcomes. Shares are valued between $0.00 and $1.00 and prices change depending on traders’ collective beliefs on the likelihood of the market resolving in either direction. For instance, if the price for a “Yes” share is $0.75, then the market believes the probability that the event will occur is 75%. ### What are the different types of markets? There are 3 types of markets that currently exist: * **Binary -** A market with two options that will resolve either $1 or $0. (ex: Will Tetranode have over 100k Twitter followers by 12/31/2025? YES/NO) * **Categorical -** A market with multiple options that will resolve either $1 or $0. (ex: What ice cream will have the most sales in 2025? Chocolate/Vanilla/Strawberry/Other) * **Scalar -** A market that resolves to where the final value sits between a lower and upper bound. * What will the population of Spain be in their upcoming census (47M-55M)? Long/Short) * If the population is 50M, the outcomes will resolve to: Long = $0.375 & Short = $0.625 ### I have a great idea for a market. Do you take suggestions? Our community is always open to ideas! Check out our [Discord](https://discord.gg/Polymarket) and explain your idea on the “formal-market-suggestions” channel. # Portfolio & Shares ### **Do I have to pay a fee to make a transaction?** Every transaction incurs a fee paid out directly to liquidity providers (LPs) because facilitating transactions in a market requires liquidity. More liquidity in a market reduces slippage for users when they purchase shares. Without liquidity, there would be significant price slippage. Polymarket does not charge fees for trading. ### **How do I decide whether to buy shares?** The price of a share corresponds to the probability of an outcome occurring. If a “Yes” share on an event is trading at $0.60, then the market believes the probability of that event occurring is 60%. If you believe that there is a greater than 60% chance of that event occurring, then it may be a good time to buy. This is because the market is underestimating what you think will happen. ### **I've changed my mind about a transaction. Can I sell my shares?** You can buy and sell shares at any time before the market resolves. If you have shares that have risen in value since you bought them, you can cash them out for a profit. If you wait until the market resolves, "Yes" shares will be worth $1 if the event occurs and "No" shares will be worth $0. The opposite is true if the event does not occur. ### **When does a market close?** A market typically closes within 24 to 48 hours. This can be based on a date or a specific event occurring or not occurring. Market topics usually use an external source to verify the correct resolution. Market outcomes can be proposed by anyone at [https://oracle.umaproject.org](https://oracle.umaproject.org/). If there is a dispute as to whether the proposed answer is correct, the market will go through UMA's dispute process: more information about UMA can be found at . For more information on what happens after a market closes, see the “Market Resolution” section below. ### **What are my shares worth if I hold them until the market is resolved?** When the market resolves, correct shares are worth $1.00 while incorrect shares are worth nothing. If you have shares on the correct outcome, visit the market page to redeem your winnings. Redeeming shares does not incur the liquidity fee. ### **Can I own both ‘Yes’ and ‘No’ shares for a market at the same time?** You can own “Yes” shares and “No” shares in the same market. Holding 1 “Yes” share and 1 “No” share is equivalent to having $1.00 (minus trading fees). As a result, Polymarket allows you to merge these shares back into USDC. ### I received an error when I submitted my transaction. What do I do? If your transaction repeatedly fails, you can try the following solutions: * Increase the slippage, which can be found by clicking the cog icon in the buy/sell widget * If you are trying to buy/sell the "max" you own, enter a value slightly less than "max" * Log out and log back in, or try logging in on a different device * If you pay for your own gas using MetaMask advance, increase the GWEI value on the preferences page * If you are removing liquidity, purchase $1 worth of shares and then remove the liquidity If transactions keep getting rejected, please contact us on Intercom or [Discord](https://discord.gg/hGYPGru). ### Can I set my own gas when submitting a transaction? MetaMask users can set and pay for their own gas by visiting the preferences page and turning on the Custom Gas toggle. In order for this feature to work, the parent MetaMask account must own enough $MATIC to submit a transaction. # Resolution ### **What happens when a market resolves?** When a market resolves, correct shares can be redeemed for $1.00 each. All other shares will be worth nothing. ### **What should I do when a market resolves?** You can visit the market page to redeem your winnings for correct shares. Otherwise, visit the market page to clear incorrect shares from your portfolio. ### **Can there be more than one winner in a market?** When a market resolves, every correct share can be redeemed for $1.00. As a result, there can be many winners per market. # Security ### Have Polymarket's smart contacts been audited? Polymarket's smart contracts have been audited by Quantstamp. We will continue to audit and battle test our contracts in the future, but note that an audit does not guarantee that a project is foolproof. ### Where are my funds if you don't use MetaMask? All of your USDC and market shares are securely held in a blockchain wallet. This wallet can only be accessed by the owner of the email with which it is linked. Polymarket has no access to these funds. All funds would remain in your wallet, and you will be able to retrieve them using your email address. You can read more [here](https://docs.magic.link/security). ### **Why does Magic Link need my email?** Magic Link links your email to provide you with an Ethereum Wallet that is unique to you. They are a trusted and audited solution. Read more about their security [here](https://docs.magic.link/security). ### How can I export my private key? Head to . Copy your private key, and open up your [MetaMask](https://metamask.io/download.html). Select the circle in the upper-right corner, click `Import Account`, and paste your private key. ### Will you ever ask for my private key? Polymarket team members will never ask for your private key. Do not send your private key to anyone. # Microgrants We are so grateful to have such an engaged community and are offering microgrants to work with members to further academic research, product offerings, and much more. So far, we have provided over $40k in grants! ### How can I get involved? 1. Pitch your project to us by filling out this [form](https://polymarket.co/MediumAirtable) 2. Our team will review your submission and provide feedback on your proposal 3. If selected, we will quote you a grant. (Grant sizes range from $100 to $75,000!) 4. Get to work 💪 5. Keep us up-to-date on your progress and coordinate with us on your project’s debut 6. Showcase what you and others in the Polymarket community are up to for the world to see ### What Criteria Will You Consider for My Project? 1. **Impact:** How much of an impact will your project have on our community and/or in educating the broader public about Polymarket 2. **Implementation:** How difficult will this undertaking be and how long will it take to execute your vision 3. **Experience:** What skills and experiences do you (or your team) bring to turn your pitch into a reality # Glossary ## Arbitrage The trading of a coin or crypto derivative, where the price spread between two different markets or exchanges for the same asset or product is utilized to earn greater profits. In DeFi, automated yield farming uses algorithmic arbitrage strategies to maximize returns for investors. These arbitrage strategies may include buying, selling, lending, and/or providing liquidity of one or more digital assets, often in the same day. ## Automated Market Maker An Automated Market Maker (AMM) is a decentralized asset trading pool that enables market participants to buy or sell cryptocurrencies. AMMs are non-custodial and permissionless in nature. Most AMMs utilize either a constant product, constant mean, or constant sum market-making formula; however, the most common is a constant product market maker, most notably [Uniswap](https://uniswap.info/). ## Decentralized Application (Dapp) Dapps are open-source protocols that exist on a P2P blockchain such as Ethereum and can support smart contracts. ## Ethereum Ethereum is a decentralized blockchain that enables users to send cryptocurrency to each other which requires a small network fee, known as [gas](/glossary#gas-fees). ETH is the cryptocurrency required to pay the gas. ## Gas Fees Gas fees are rewards paid to Proof Of Work miners to incentivize them to support the network's transactions which become written to the blockchain. In Ethereum, this gas fee unit amount is expressed in gwei. Withdrawals or transfers to or from CEXs, DEXs Liquidity Pools, and Wallets all incur a gas fee. The amount of this gas fee will vary in cost depending on supply and demand. As currently designed: when demand on Ethereum or an ERC-20 network is at its highest, gas fees are at also their highest. ## Liquidity Pool Liquidity pools are a collection of assets that facilitates decentralized trading and lending. Users that provide liquidity (LPs) take a small fee of each trade that occurs in their liquidity pool. In the case of Polymarket, a liquidity pool would consist of YES and NO shares. LPs add pairs of YES and NO to the pool and get a fee for each trade, proportionate to the total liquidity pool. ## MetaMask MetaMask is a cryptocurrency wallet that enables users to hold various cryptoassets and connects users to [dapps](/glossary#decentralized-application-dapp). ## Polygon (formerly Matic) Polygon is an Ethereum-compatible sidechain, intended to improve the scalability of decentralized applications as a whole. Polymarket is one of the many [dapps](/glossary#decentralized-application-dapp) that is built on Polygon's growing ecosystem. ## Outcome Token Outcome tokens (outcome shares) represent a position in an information market and are redeemable for $1 or $0 depending on if the market resolves favorably or unfavorably. ## Scalar Markets Scalar markets are a unique type of market that predicts where a value will fall between a specified range rather than one outcome or another. ## Slippage (External) External slippage is when [outcome token](/glossary#outcome-token) prices change because another user submits an order right before another order. Larger orders tend to shift prices more, so there are safeguards on Polymarket to cancel an order if there is too much external slippage. ## Slippage (Internal) Internal slippage is the change in prices due to a user's own order. Larger orders and low-liquidity markets tend to shift prices unfavorably. ## USD Coin (USDC) USDC is a cryptocurrency stablecoin created by [Circle](https://www.circle.com/en/usdc) and is backed by the US Dollar. 1 USDC is equivalent to $1.00 USD, thus giving it a stable price. USDC is [audited](https://www.centre.io/usdc-transparency) by an independent firm every quarter in order to guarantee that there is $1.00 USD backing every 1 USDC. # Polymarket + UMA ## Overview Polymarket supports UMA as a resolution source for markets displayed on the Polymarket.com interface. Polymarket, at its core, is oracle agonistic, but the UMA integration provides another option for market creators. The Polymarket-UMA adapter is deployed on the Polygon network at the following address: [0x6A9D222616C90FcA5754cd1333cFD9b7fb6a4F74](https://polygonscan.com/address/0x6A9D222616C90FcA5754cd1333cFD9b7fb6a4F74) And the code is open source and available in the following repository: [github.com/polymarket/uma-ctf-adapter](https://github.com/Polymarket/uma-ctf-adapter) ## What is UMA? [UMA](https://uma.xyz/) is an Oracle system that uses economic guarantees to secure markets. Unlike mechanically restrictive price feed oracles, an optimistic oracle is able to serve any arbitrary data on-chain. UMA’s flexible oracle serves data for uses including a cross-chain bridge, insurance, and custom derivatives. For markets secured by UMA’s Optimistic Oracle(referred to as the OO), UMA token holders are an impartial arbiter of the outcomes of relevant markets. These markets can proceed with an entirely decentralized and trustless resolution mechanism. ## **How does the Polymarket UMA integration Work?** Underlying each market displayed on the Polymarket.com interface is a condition, prepared using the Gnosis conditional token framework (CTF). Per Gnosis’s documentation, “a condition is a question to be answered in the future by a specific oracle in a particular manner.” For a market to be resolved by the OO, there must be a smart contract that acts a bridge between the OO and the market. That contract is the UMA CTF Adapter. When a market is first created, the Adapter automatically sends a Request for that market to the OO. Actors in the UMA system called *proposers* can then `propose`an answer to the Request. All proposers need to submit a bond to be considered. If this answer is not disputed, it is considered to be correct and will be available to the Adapter after a challenge period of 2 hours. If the answer proposed is incorrect, or if there is disagreement on what the answer should be, other actors in the UMA system called *disputers* can `dispute` this answer. The first time a Request is disputed, the Adapter ignores the dispute and creates a new Request with the same parameters. This ensures that malicious or mistaken disputes do not slow down market resolution. If the Request is disputed again, this indicates a more fundamental disagreement among proposers and the Request will be sent to UMA's DVM where it will be voted on by UMA token holders. The Adapter is open source, mostly permissionless code. That said, there exists some admin functionality in case of catastrophic or emergency situations: 1. The admin can [`reset`](https://github.com/Polymarket/uma-ctf-adapter/blob/4333e30e5f6b024a4991a2a9f9602d9a11647d53/src/UmaCtfAdapter.sol#L193) the market, creating a new UMA Request and ignoring all previous or outstanding Requests. 2. The admin can [`pause`](https://github.com/Polymarket/uma-ctf-adapter/blob/4333e30e5f6b024a4991a2a9f9602d9a11647d53/src/UmaCtfAdapter.sol#L220)(and [`unpause`](https://github.com/Polymarket/uma-ctf-adapter/blob/4333e30e5f6b024a4991a2a9f9602d9a11647d53/src/UmaCtfAdapter.sol#L231)) resolution for a market. 3. The admin can [`flag`](https://github.com/Polymarket/uma-ctf-adapter/blob/4333e30e5f6b024a4991a2a9f9602d9a11647d53/src/UmaCtfAdapter.sol#L178) a market to be emergency resolved. After a defined delay of 2 days, the admin can [`emergencyResolve`](https://github.com/Polymarket/uma-ctf-adapter/blob/4333e30e5f6b024a4991a2a9f9602d9a11647d53/src/UmaCtfAdapter.sol#L205) the market # Order Books ### What is an order book? An order book is a list of buys (a.k.a "bids") and sells (a.k.a "asks") submitted by parties at various price points. ### What types of trades can I make on an order book? There are two types of orders that you can submit: market and limit orders. **Market** **orders** are when you buy or sell shares from the pool of existing orders in the market. For example, Bob wants to buy 100 shares of NO. He looks at the order book and sees that there are "asks" for 75 shares @ $0.50 and 100 shares @ $0.55. If Bob places a market order for 100 shares, he will buy all of the 75 shares @ $0.50 and 25 shares @ $0.55. **Limit orders** are when you buy or sell shares based on a specific maximum price and amount. Assuming the scenario is the same above, Bob wants to place an order for 100 shares of NO @ $0.51. If he places the order, he will buy all 75 shares @ $0.50, but the remaining 25 shares will not be "filled" and will appear on the order book instead. ### Are there fees on the order book? There are currently no fees for our order books. ### What is the API key for? In order to trade on Polymarket questions, you must generate an API key. This key is unique to each account and will not require you to re-generate it if you keep using the same browser. However, you will need to re-generate the API key if you sign in with another browser or device. ### Do all Polymarket questions have order books? Not all questions on Polymarket have order books. Some will still use the AMM structure. ### # Liquidity Mining & Trading Rewards ## Overview Starting Feb 17th, Polymarket will begin some experiments around liquidity incentives and alternative LP fee parameters, this will also help distribute UMA to further decentralize governance. Initially, the experiment will subsidize two activities: 1) liquidity provisioning in designated markets and 2) fee rebates. Qualified users will be able to view and manage their rewards through a new page on the Polymarket interface. The goal of this program is to experiment with incentivization schemes and to help catalyze a more sustainable and organic marketplace paying specific attention to supply-side dynamics. 50,000 USDC and 10,000 UMA will be distributed to users in the first epoch through liquidity provisioning, fee rebates, and community bounties. 1. **Liquidity provisioning:** Users can provide liquidity to a select number of markets in each epoch. Liquidity rewards are calculated per block, rewarding users who provide constant levels of liquidity. The eligible markets can be found on the [rewards page](https://polymarket.com/rewards) or indicated with a ⚡️ on the [markets page](https://polymarket.com/). 2. **Fee rebates:** Users can also earn rewards proportionate to the fees they pay when trading. Fee rewards are calculated by dividing the users' fees by the total protocol fees at the end of the epoch. 3. **Community bounties:** Bounties are distributed each week to users who provide a meaningful and impactful service to the community or the protocol. This can include but is not limited to marketing material, Discord moderation, and much more! ## Details ### Methodology The starting ruleset, defined below, is subject to change in later epochs as feedback is collected and further considerations are made. **Liquidity rewards** for an LP over an epoch will be calculated as the sum of the following across all qualifying markets: ![](/files/SJeJ2DoBZAaHhhImkeIF) This essentially says LPs will earn a pro rata distribution of the reward available each block for a market based on their relative liquidity share. **Fee rewards** for a trader over an epoch are calculated daily and then summed. Each day the following calculation is made with the totalFeeRewards available for that day (starting and ending at 12:00 PM ET) being 1/7th of the total fee rewards available for the epoch. ![](/files/eJ4Xbc1c5cOLUf5cc2CG) In effect, fee rewards are distributed pro rata based on a trader's daily share of total fees paid. The right to disqualify wash trading from the reward distribution is reserved. Additionally trades that have an average price of more than 98 cents are not qualified for trading rewards. ### Parameterization and Claiming For the first 7-day epoch there will be \~50,000 USDC and \~10,000 UMA available.The specific distribution of rewards for the current epoch, along with estimated LP APR per market, estimated user’s epoch rewards and additional details will be viewable on the rewards page of the Polymarket interface. ### Claiming Once an epoch has ended and new one has started, users will be able to claim their rewards, through either the Polymarket rewards interface, an alternative interface, or directly on-chain. Claiming is done through merkle distributors. The code for these distributors, along with a complementary SDK and the mapping used to generate each epoch’s merkle root (user’s merkle root claim indexes), will be open sourced and made available in the polymarket-liq-ming repo. ## FAQ **How do I see the rewards that I have earned this epoch?** You can view epoch data on the [rewards page](https://polymarket.com/rewards). **When can I claim my rewards?** Rewards are distributed to eligible addresses at the end of each epoch. Rewards roll over every epoch so you can claim them at the time most convenient for you! **Can I claim rewards directly to an exchange?** Rewards are distributed on the Polygon blockchain, so it is not recommended to put an exchange address as the destination. In order to guarantee access to your tokens, send them to a wallet located on the Polygon blockchain. # Issues with the Graph #### What is going on? The Graph is experiencing degraded performance on the Polygon network, affecting Polymarket and the data that is shown to users. #### How long will this go on and how can I keep track of the issue? We are in contact with The Graph team and are working on our own solution if the issue persists. You can keep track by checking The Graph [status page](https://status.thegraph.com/) or joining our [Discord](https://discord.gg/hGYPGru). #### What is The Graph? The Graph is a decentralized indexing protocol that allows anyone to build APIs known as subgraphs that can be referenced by others. In short, The Graph enables blockchain data to be easily understood through graphs, tables, etc. #### What is affected right now? Price data, portfolio positions, transaction history, and other trade-related activities are affected. #### How can I keep track of my positions if The Graph isn't updating? There are 2 ways to keep track of your positions: 1\) Head to the individual market and click on the "sell" tab. You will see the number of shares within the container. ![https://gblobscdn.gitbook.com/assets%2F-M\_RFw9AZ0Ph4JuEBbzw%2F-Mf5qwwiHmZAz2HLdpeO%2F-Mf5rlxMznUvUw--n5hS%2Fimage.png?alt=media\&token=0c1d3a95-4f80-450f-a6d0-eecbcbbf515a](https://gblobscdn.gitbook.com/assets%2F-M_RFw9AZ0Ph4JuEBbzw%2F-Mf5qwwiHmZAz2HLdpeO%2F-Mf5rlxMznUvUw--n5hS%2Fimage.png?alt=media\&token=0c1d3a95-4f80-450f-a6d0-eecbcbbf515a) 2\) Head to [Polymarket Whales](https://polymarketwhales.info/) and enter your Polymarket address. You can find your Polymarket address by heading to the [deposit page](https://polymarket.com/profile) and copying the address found in the "Peer-to-peer" deposit option. # Polymarket 5000 USDC Instagram Giveaway Terms and Conditions **POLYMARKET 5000 USDC INSTAGRAM GIVEAWAY - OFFICIAL RULES**\ \ NO PURCHASE NECESSARY TO ENTER OR WIN. MAKING A PURCHASE OR PAYMENT OF ANY KIND WILL NOT INCREASE YOUR CHANCES OF WINNING. VOID WHERE PROHIBITED OR RESTRICTED BY LAW. THIS PROMOTION IS NOT SPONSORED, ENDORSED, OR ADMINISTERED BY INSTAGRAM®.\ \ \ 1\. PROMOTION DESCRIPTION: The Polymarket 5000 USDC Giveaway ("Giveaway") begins on September 8th, 2021, at 1pm ET and ends on September 14th, 2021, at 11:59pm ET (the "Promotion Period").\ \ The sponsor of this Giveaway is Polymarket, owned and operated by Blockratize, Inc. ("Sponsor"). By participating in the Giveaway, each Entrant unconditionally accepts and agrees to comply with and abide by these Official Rules and the decisions of Sponsor, which shall be final and binding in all respects. Sponsor is responsible for the collection, submission, or processing of Entries and the overall administration of the Giveaway. Entrants should look solely to Sponsor with any questions, comments or problems related to the Giveaway. Sponsor may be reached by email at during the Promotion Period.\ \ \ 2\. ELIGIBILITY: Open to individuals who are at least 18 years old (the "Entrant"). Sponsor, and their respective parents, subsidiaries, affiliates, distributors, retailers, sales representatives, advertising and promotion agencies and each of their respective officers, directors and employees (the "Promotion Entities"), are ineligible to enter the Giveaway or win a prize. Household Members and Immediate Family Members of such individuals are also not eligible to enter or win. "Household Members" shall mean those people who share the same residence at least three months a year. "Immediate Family Members" shall mean parents, step-parents, legal guardians, children, step-children, siblings, step-siblings, or spouses. This Giveaway is subject to all applicable federal, state and local laws and regulations and is void where prohibited or restricted by law.\ \ \ 3\. PRIZES:\ \ Prizes: Ten (10) winners will receive \[one (1) $500 prize in USDC] (approximate retail value or "ARV": $500) sent to their ERC-20 compatible wallet of their choosing.\ \ Only one prize per person and per household will be awarded. Prizes cannot be transferred, redeemed for cash or substituted by winner. Sponsor reserves the right in its sole and absolute discretion to award a substitute prize of equal or greater value if a prize described in these Official Rules is unavailable or cannot be awarded, in whole or in part, for any reason. The ARV of the prize represents Sponsor's good faith determination. That determination is final and binding and cannot be appealed. If the actual value of the prize turns out to be less than the stated ARV, the difference will not be awarded in cash. Sponsor makes no representation or warranty concerning the appearance, safety or performance of any prize awarded. Restrictions, conditions, and limitations may apply. Sponsor will not replace any lost or stolen prize items.\ \ All federal, state and/or local taxes, fees, and surcharges are the sole responsibility of the prize winner. Failure to comply with the Official Rules will result in forfeiture of the prize. \ \ 4\. HOW TO ENTER: Enter the Giveaway during the Promotion Period online by (1) following the @polymarket Instagram account, (2) liking the [Instagram post announcing the giveaway](https://www.instagram.com/p/CTka_oTLgb6/?utm_source=ig_web_copy_link), and (3) tagging at least three (3) friends in the comments section of the Instagram giveaway post.
Automated or robotic Entries submitted by individuals or organizations will be disqualified. Internet entry must be made by the Entrant. Any attempt by Entrant to obtain more than the stated number of Entries by using multiple/different email addresses, identities, registrations, logins or any other methods, including, but not limited to, commercial contest/giveaway subscription notification and/or entering services, will void Entrant's Entries and that Entrant may be disqualified. Final eligibility for the award of any prize is subject to eligibility verification as set forth below. All Entries must be posted by the end of the Promotion Period in order to participate. Sponsor's database clock will be the official timekeeper for this Giveaway.\ \ \ 5\. WINNER SELECTION: The Winners of the Giveaway will be selected in a random drawing from among all eligible Entries received throughout the Promotion Period. The random drawing will be conducted on or about September 15th by Sponsor or its designated representatives, whose decisions are final. Odds of winning will vary depending on the number of eligible Entries received.\ \ \ 6\. WINNER NOTIFICATION: Winner will be notified by Instagram direct message at the Instagram account provided in the Entry Information on the day of the random drawing. Potential Winner must accept a prize by Instagram direct message as directed by Sponsor within 24 hours of notification. Sponsor is not responsible for any delay or failure to receive notification for any reason, including inactive Instagram accounts, technical difficulties associated therewith, or Winner’s failure to adequately monitor any Instagram account.\ \ Any winner notification not responded to or returned as undeliverable may result in prize forfeiture. The potential prize winner may be required to sign and return an affidavit of eligibility and release of liability, and a Publicity Release (collectively "the Prize Claim Documents"). No substitution or transfer of a prize is permitted except by Sponsor.\ \ \ 7\. PRIVACY: Any personal information supplied by you will be subject to the privacy policy of the Sponsor posted at . By entering the Giveaway, you grant Sponsor permission to share your Instagram account and any other personally identifiable information with the other Giveaway Entities for the purpose of administration and prize fulfillment, including use in a publicly available Winners list.\ \ \ 8\. LIMITATION OF LIABILITY: Sponsor assumes no responsibility or liability for (a) any incorrect or inaccurate entry information, or for any faulty or failed electronic data transmissions; (b) any unauthorized access to, or theft, destruction or alteration of entries at any point in the operation of this Giveaway; (c) any technical malfunction, failure, error, omission, interruption, deletion, defect, delay in operation or communications line failure, regardless of cause, with regard to any equipment, systems, networks, lines, satellites, servers, camera, computers or providers utilized in any aspect of the operation of the Giveaway; (d) inaccessibility or unavailability of any network or wireless service, the Internet or website or any combination thereof; (e) suspended or discontinued Internet, wireless or landline phone service; or (f) any injury or damage to participant's or to any other person’s computer or mobile device which may be related to or resulting from any attempt to participate in the Giveaway or download of any materials in the Giveaway.\ \ If, for any reason, the Giveaway is not capable of running as planned for reasons which may include without limitation, infection by computer virus, tampering, unauthorized intervention, fraud, technical failures, or any other causes which may corrupt or affect the administration, security, fairness, integrity or proper conduct of this Giveaway, the Sponsor reserves the right at its sole discretion to cancel, terminate, modify or suspend the Giveaway in whole or in part. In such event, Sponsor shall immediately suspend all drawings and prize awards, and Sponsor reserves the right to award any remaining prizes (up to the total ARV as set forth in these Official Rules) in a manner deemed fair and equitable by Sponsor. Sponsor and Released Parties shall not have any further liability to any participant in connection with the Giveaway.\ \ \ 9\. SOCIAL NETWORK DISCLAIMER An Instagram account may be required to enter. If you don’t already have an Instagram account, visit [www.instagram.com](http://www.instagram.com) to create one. It is free to create an account. This promotion is in no way sponsored, endorsed or administered by, or associated with Instagram. You understand that you are providing your information to the Sponsor and not to Instagram. By participating via the Instagram platform, participants are also subject to Instagram’s data policy and terms of use, which can be found at and .\ \ \ 10\. WINNER LIST/OFFICIAL RULES: To obtain a copy of the Winner List or a copy of these Official Rules, send your request to with the following subject line: “5000 USDC Instagram Giveaway Winners List”. Requests for the names of the winners must be received no later than October 15th, 2021, after the Promotion Period has ended. For accessing a Winner List online, visit the Instagram account, @polymarket. The winner list will be posted after winner confirmation is complete.\ \ \ 11\. SPONSOR: Blockratize, Inc. # Polymarket Playoffs Ticket Giveaway Terms and Conditions ### POLYMARKET PLAYOFFS TICKET GIVEAWAY - OFFICIAL RULES NO PURCHASE NECESSARY TO ENTER OR WIN. MAKING A PURCHASE OR PAYMENT OF ANY KIND WILL NOT INCREASE YOUR CHANCES OF WINNING. VOID WHERE PROHIBITED OR RESTRICTED BY LAW. THIS PROMOTION IS NOT SPONSORED, ENDORSED, OR ADMINISTERED BY THE NATIONAL BASKETBALL ASSOCIATION (NBA)®. 1\. PROMOTION DESCRIPTION: The Polymarket Playoffs Ticket Giveaway ("Giveaway") begins on June 1st, 2021, at 12am ET and ends on July 7th, 2021, at 11:59pm ET (the "Promotion Period"). The sponsor of this Giveaway is Polymarket, owned and operated by Blockratize, Inc. ("Sponsor"). By participating in the Giveaway, each Entrant unconditionally accepts and agrees to comply with and abide by these Official Rules and the decisions of Sponsor, which shall be final and binding in all respects. Sponsor is responsible for the collection, submission, or processing of Entries and the overall administration of the Giveaway. Entrants should look solely to Sponsor with any questions, comments, or problems related to the Giveaway. Sponsor may be reached by email at during the Promotion Period with the following subject line: “Polymarket Playoffs Ticket Giveaway”. 2\. ELIGIBILITY: Open to individuals who are at least 18 years old (the "Entrant") and those who warrant to not use the website ([www.polymarket.com](http://www.polymarket.com)) for any purpose that is unlawful or prohibited by [Polymarket’s Terms of Service](https://polymarket.com/tos). Sponsor, and their respective parents, subsidiaries, affiliates, distributors, retailers, sales representatives, advertising and promotion agencies and each of their respective officers, directors and employees (the "Promotion Entities"), are ineligible to enter the Giveaway or win a prize. Household Members and Immediate Family Members of such individuals are also not eligible to enter or win. "Household Members" shall mean those people who share the same residence at least three months a year. "Immediate Family Members" shall mean parents, step-parents, legal guardians, children, step-children, siblings, step-siblings, or spouses. This Giveaway is subject to all applicable federal, state and local laws and regulations and is void where prohibited or restricted by law. 3\. PRIZES: Grand Prize: One (1) winner will be eligible to receive two (2) tickets to the NBA finals \[approximate retail value or “ARV”: $3,000] Silver Prize: Two (2) winners will be eligible to each receive two (2) tickets to the NBA Conference Finals \[approximate retail value or “ARV”: $1,500] Bronze Prize: Two (2) winners will be eligible to each receive two (2) tickets to the NBA Semi-Conference Finals \[approximate retail value or “ARV”: $1,000] Only one prize per person and per household will be awarded. Prizes cannot be transferred, redeemed for cash, or substituted by winner. Sponsor reserves the right in its sole and absolute discretion to award a substitute prize of equal or greater value if a prize described in these Official Rules is unavailable or cannot be awarded, in whole or in part, for any reason. The ARV of the prize represents Sponsor's good faith determination. That determination is final and binding and cannot be appealed. If the actual value of the prize turns out to be less than the stated ARV, the difference will not be awarded in cash. Sponsor makes no representation or warranty concerning the appearance, safety or performance of any prize awarded. Restrictions, conditions, and limitations may apply. Sponsor will not replace any lost or stolen prize items. All federal, state and/or local taxes, fees, and surcharges are the sole responsibility of the prize winner. Failure to comply with the Official Rules will result in forfeiture of the prize. 4\. HOW TO ENTER: Enter the Giveaway during the Promotion Period online by (1) trading in any market categorized as “NBA Playoffs” by the conclusion of the First Round of the NBA Playoffs, the NBA Conference Semifinals, or the NBA Conference Finals to be eligible for the random drawing (date dependent on the random drawing the user is entering). Entries received after the conclusion of the First Round of the NBA Playoffs, the NBA Conference Semifinals, or the NBA Conference Finals but before a random drawing is held will be rolled over to the next random drawing if applicable. After each random drawing, Entrants must trade again in another market categorized as “NBA Playoffs” to be eligible for the next random drawing. Entrants also receive additional entries for each user they refer that (1) creates a new Polymarket account (existing users ineligible), (2) uses the Entrant’s username as their referral code, and (3) trades in any market categorized as “NBA Playoffs” by the conclusion of the First Round of the NBA Playoffs, the NBA Conference Semifinals, or the NBA Conference Finals to be eligible for the random drawing (date dependent on the random drawing the user is entering). Entries received after the conclusion of the First Round of the NBA Playoffs, the NBA Conference Semifinals, or the NBA Conference Finals but before a random drawing is held will be rolled over to the next random drawing if applicable. These additional entries are only applicable for one random drawing. After each random drawing, Entrant must refer more new users who follow the eligibility guidelines above to receive additional entries for the random drawing. Automated or robotic Entries submitted by individuals or organizations will be disqualified. Internet entry must be made by the Entrant. Any attempt by Entrant to obtain more than the stated number of Entries by using multiple/different email addresses, identities, registrations, logins or any other methods, including, but not limited to, commercial contest/giveaway subscription notification and/or entering services, will void Entrant's Entries and that Entrant may be disqualified. Final eligibility for the award of any prize is subject to eligibility verification as set forth below. All Entries must be posted by the end of the Promotion Period in order to participate. Sponsor's database clock will be the official timekeeper for this Giveaway. 5\. ALTERNATE METHOD OF ENTRY: On a 3" x 5" card, handprint your name, mailing address, email address, a market categorized under "NBA Playoffs," and an outcome of the market chosen. Insert 3" x 5" card in an envelope, affix proper postage to envelope, and mail to: David Park PO Box 335 New York, NY 10113. Entries must be postmarked by the conclusion of the First Round of the NBA Playoffs, the NBA Conference Semifinals, or the NBA Conference Finals to be eligible for the random drawing (date dependent on the random drawing the user is entering). Entries must be received before each random drawing takes place. Entries that are received after a random drawing takes place will be rolled over to the next random drawing if applicable. Incomplete, illegible, inaccurate, or postage due entries will be automatically disqualified. All alternate entries become the property of Sponsor and will not be returned. On a 3” by 5” card, Entrants may also handprint their name, mailing address, email address, the email of a new user they referred to Polymarket who has entered the Giveaway either online or by mail. Insert 3" x 5" card in an envelope, affix proper postage to envelope, and mail to: David Park PO Box 335 New York, NY 10113. A new user may only be referred once by an Entrant either online or by mail - whichever is received first by the Sponsor. Entries must be postmarked by the conclusion of the First Round of the NBA Playoffs, the NBA Conference Semifinals, or the NBA Conference Finals to be eligible for the random drawing (date dependent on the random drawing the user is entering). Entries must be received before each random drawing takes place. Entries that are received after a random drawing takes place will be rolled over to the next random drawing if applicable. All alternate entries become the property of Sponsor and will not be returned. Each referral entry must be on a separate 3” by 5” card and in a separate envelope. 6\. WINNER SELECTION: The Winners of the Giveaway will be selected in a random drawing from among all eligible Entries received before the random drawing is held. The first random drawing will be conducted about three days after the First Round of the Playoffs concludes by Sponsor or its designated representatives, whose decisions are final. The second random drawing will be conducted about three days after the conclusion of the Conference Semifinals. The third random drawing will be conducted about three days after the conclusion of the Conference Finals. Odds of winning will vary depending on the number of eligible Entries received. 7\. WINNER NOTIFICATION: Winner will be notified by email at the email account provided in the Entry Information. Sponsor is not responsible for any delay or failure to receive notification for any reason, including inactive email accounts, technical difficulties associated therewith, or Winner’s failure to adequately monitor any email account. If Winner does not respond to the email within 48 hours, Sponsor will select another Winner from the eligible entries. The potential prize winner may be required to sign and return an affidavit of eligibility and release of liability, and a Publicity Release (collectively "the Prize Claim Documents"). No substitution or transfer of a prize is permitted except by Sponsor. 8\. PRIVACY: Any personal information supplied by you will be subject to the privacy policy of the Sponsor posted at . By entering the Giveaway, you grant Sponsor permission to share your Twitter account and any other personally identifiable information with the other Giveaway Entities for the purpose of administration and prize fulfillment, including use in a publicly available Winners list. 9\. LIMITATION OF LIABILITY: Sponsor assumes no responsibility or liability for (a) any incorrect or inaccurate entry information, or for any faulty or failed electronic data transmissions; (b) any unauthorized access to, or theft, destruction or alteration of entries at any point in the operation of this Giveaway; (c) any technical malfunction, failure, error, omission, interruption, deletion, defect, delay in operation or communications line failure, regardless of cause, with regard to any equipment, systems, networks, lines, satellites, servers, camera, computers or providers utilized in any aspect of the operation of the Giveaway; (d) inaccessibility or unavailability of any network or wireless service, the Internet or website or any combination thereof; (e) suspended or discontinued Internet, wireless or landline phone service; or (f) any injury or damage to participant's or to any other person’s computer or mobile device which may be related to or resulting from any attempt to participate in the Giveaway or download of any materials in the Giveaway. If, for any reason, the Giveaway is not capable of running as planned for reasons which may include without limitation, infection by computer virus, tampering, unauthorized intervention, fraud, technical failures, or any other causes which may corrupt or affect the administration, security, fairness, integrity or proper conduct of this Giveaway, the Sponsor reserves the right at its sole discretion to cancel, terminate, modify or suspend the Giveaway in whole or in part. In such event, Sponsor shall immediately suspend all drawings and prize awards, and Sponsor reserves the right to award any remaining prizes (up to the total ARV as set forth in these Official Rules) in a manner deemed fair and equitable by Sponsor. Sponsor and Released Parties shall not have any further liability to any participant in connection with the Giveaway. 10\. SPONSOR: Blockratize, Inc.