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Making Your First Trade

Learn how to place your first trade on Polyblock. We'll walk through selecting a market, understanding the interface, and executing a trade.

Select a Market

Polyblock focuses on crypto price prediction markets. Use the dropdown selectors at the top of the terminal to choose. If you're new to Polyblock, check out What is Polyblock? for an overview.

Crypto Pair

Select the cryptocurrency you want to trade predictions on (BTC, ETH, SOL, etc.)

Timeframe

Choose the prediction timeframe — 15 minutes (15m) or 1 hour (1h).

Start with 1-hour markets. They give you more time to analyze and are less volatile than 15-minute markets.

Understand the Interface

The Polyblock terminal is divided into several key areas:

Price Chart (Left)

Shows historical price data for the selected market. Green candles indicate the market resolved YES, red candles indicate NO.

Order Book (Center)

Displays current buy (bid) and sell (ask) orders. The spread between best bid and best ask shows market liquidity.

Trading Panel (Right)

Where you enter your trades. Shows current prices, position info, and order inputs.

Place Your Trade

In the trading panel, you can place either a market order or limit order:

Market Order

Executes immediately at the best available price. Use for quick entries when you want guaranteed execution.

Limit Order

Sets a specific price you're willing to pay. The order sits in the orderbook until someone matches it, or you cancel.

Double-check your order: Review the side (YES/NO), amount, and price before confirming. Trades cannot be reversed once executed.

Step 1: Select YES or NO based on your prediction
Step 2: Enter the amount of shares to buy
Step 3: For limit orders, set your desired price
Step 4: Click "Buy" — your order executes immediately (no wallet confirmation needed!)

Trading Fees: BUY orders include a 2.5% platform fee. For example, buying $100 worth of shares costs $102.50 total ($100 for shares + $2.50 fee). SELL orders have no fee.

Monitor Your Position

After your trade executes, you can monitor your position in several places:

Trading Panel

Shows your current position size, average entry price, and unrealized P&L.

History Page

View all your past trades and their outcomes. Access via the navigation menu.

Analytics Page

Track your overall trading performance, win rate, profit/loss statistics, and analyze your trading patterns by price point, market type, and asset.

Market Resolution: When the market resolves, winning positions automatically receive $1.00 USDC.e per share. Losing positions expire worthless.