How to bet on world events using crypto?

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How to bet on world events using crypto?

‘Bet on your belief’ is the slogan of the prediction market; Polymarket, a decentralized information market platform. 

Polymarket wants to harness the power of free markets and demystify real world events. Where users can manage and grow a portfolio based on predictions on the future. Polymarket brings together different markets and makes it accessible to anyone with a crypto wallet, to speculate on the world’s most “important” events.

Event topics can range from coronavirus variants, mandatory lockdowns to political events, such as Trump 2024 or pop-culture news like the Johnny Depp and Amber Heard trial. 

But also crypto related news is subject to wager on. When will the Ethereum merge finally arrive? You decide. By reflecting on what traders think the odds are of future events, new insight can be gained and possibly better decisions made.

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So if you have a strong opinion and feel like speculating on the future news events, be sure to check out Polymarket. 

How to participate? 

To get started, connect to Polymarket via your email or MetaMask wallet.

1) Go to Polymarket.com, enter your email address, and click ‘Sign Up’.

2) Open a new tab and go to your email. You will receive an email with the subject line “Log in to Polymarket”. Open the email and click Log in to Polymarket.

3) Go back to Polymarket.com, enter your desired username and click ‘Create Account’.

4) Send in USDC and start betting on your beliefs. 

What is USDC and where can I buy it? 

Polymarket uses USDC on the Polygon network for its transaction speed and security. USD Coin – USDC is a stablecoin cryptocurrency. 1 USDC can be exchanged for exactly $1.00 USD so the price is always stable. 

You can buy USDC directly on a centralized exchange like KuCoin, Huobi or Binance. To learn more about exchanges visit our exchange page.
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Disclaimer: Trading and investing in cryptocurrencies (also called digital or virtual currencies, altcoins) involves a substantial risk of loss and is not suitable for every investor. You are solely responsible for the risk and financial resources you use to trade crypto. The content on this website is primarily for informational purposes and does not constitute financial advice.