CandleFocus

How To Use Polymarket In The United States: Step-by-Step Guide

Polymarket is a platform that allows users to make predictions on key events, including political outcomes such as the U.S. presidential election. Users can view real-time election odds and potentially make a profit by following a few steps. These steps include having a crypto wallet with USDC, accessing the U.S. elections section on Polymarket, placing predictions on share prices for "Yes" or "No," and selling shares before the final outcome if desired. Due to U.S. regulatory laws, U.S. residents can only view markets and data on Polymarket but cannot actively participate in trading. However, non-U.S. users can easily access the prediction markets. Polymarket also offers predictions in other areas such as crypto, sports, pop culture, and business events. While it can be profitable, users should be aware of potential risks and pitfalls and take steps to mitigate them, such as starting small, setting limits on trades, and staying informed on events.

Related News