2. Select event
After entering the Predictions page, you can select different categories to choose events you are interested in. Click on the corresponding event to enter the trading page.
(Click the ☆ at the top right of the event to add to Favorites)
3. Transfer funds
Before placing an order, transfer funds into your spot account. Any profits obtained from the Predictions will be distributed to your spot account, and details can be checked in History.
4. Place order
Using the World Cup Winner event as an example, suppose you predict that Spain will become the World Cup champion.
4.1. Click "Spain" - "Buy", enter an order amount of 5 USDT (the minimum order amount is 5 USDT), and click "Buy Yes". According to the current market, if Spain becomes the World Cup Winner, you are expected to win 29.74 USDT.
4.2. Read the Disclaimer, confirm all the details, then click "Agree and continue".
4.3. Confirm the order information, then click "Buy Yes".
5. View positions
Click "Positions" in the order panel to view your current position information. You can also click "My portfolio" in the upper right corner to view more position information.
6. How to sell
Navigate to the order panel and click "Sell", enter the amount you want to sell and view the expected amount receivable. Click "Sell Yes" and an order confirmation window will pop up. After confirming the details, click "Sell Yes" to complete the sale.
You can choose to sell early to lock in profits or limit losses based on the market price. You can also hold your position until settlement, and the settlement will be determined by the event outcome.
7. View order history
Navigate to the order panel and click "History" to view the order history for that market.
8. View more position information and order history
Click "My portfolio" in the upper right to view all your position information and order history.
9. Other questions
1. What is the relationship between AlphaX Predictions and Polymarket?
AlphaX Predictions is an event prediction product jointly launched by AlphaX and Polymarket. Polymarket provides event markets, order matching, and settlement services, while AlphaX provides the trading interface and account system. Users can participate directly using their AlphaX account, with no on-chain operations required.
2. How is the price formed?
- Prices are determined by market supply and demand.
- The more people buy "Yes", the higher the "Yes" price.
- The more people buy "No", the higher the "No" price.
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The price essentially reflects the market's collective judgment on probability.
3. What are the advantages of participating in event predictions on AlphaX Predictions?
Compared to on-chain prediction markets:
- No wallet or gas required: participate directly with your AlphaX account.
- Spot USDT trading: no need to bridge assets or perform on-chain operations.
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Simpler trading experience: complete order and position management.
4. What does the price of AlphaX Predictions represent?
The price represents the market's expectation of the probability that the event will occur. For example: Yes price = 16.2¢ means the market thinks there is about a 16.2% probability of the event occurring.
5. Can I sell at any time?
During the trading open period, you can buy and sell at any time, but once the market closes, no further trades can be made. You can only wait for settlement.
6. Can I buy both "Yes" and "No" at the same time?
Yes. Some users use hedging or short-term trading strategies to hold both directions simultaneously.
7. Is AlphaX Predictions suitable for beginners?
Yes. Compared to options or futures trading, AlphaX Predictions only requires you to judge whether the event will occur.
8. What are the risks of participating in Polymarket?
Key risks include potential losses resulting from incorrect market judgments, unrealized losses caused by market volatility, and delayed settlement of certain events due to disputes. Please manage your positions prudently and avoid excessive risk exposure.
9. What if there is a dispute on the event result?
Each market has a clear data source and settlement rules. If a dispute occurs, the market may enter a delayed settlement process until the result is confirmed. For specific procedures, refer to the official documentation.