In this guide
Polymarket stands as the globe's premier prediction market platform, yet presents a formidable barrier for those unfamiliar with cryptocurrency infrastructure. This guide covers each phase of the onboarding process — and highlights why PolyGram offers a more accessible entry point.
Option A: Start with PolyGram (Recommended for Beginners)
PolyGram grants access to identical Polymarket CLOB liquidity without requiring any blockchain expertise:
- Launch Telegram and locate @PolyGram_Telegram_bot
- Press Start
- Fund your account using a debit or credit card (wallet setup unnecessary)
- Begin placing trades straight away
Option B: Polymarket Direct Setup
- Download MetaMask extension from metamask.io
- Generate a new wallet — record the 12-word recovery phrase and store it offline securely
- Configure the Polygon network within MetaMask (Chain ID 137)
- Obtain USDC tokens on Polygon — acquire ETH via Coinbase, use a bridge service, or purchase USDC directly on the Polygon chain
- Navigate to polymarket.com and authorise your wallet
- Approve the authentication request displayed in MetaMask
- Explore available markets and execute your initial position
Reading the Order Book
Upon successful connection, each market displays a visible limit order book:
- Green section = bids (demand side) — arranged from highest to lowest price
- Red section = asks (supply side) — arranged from lowest to highest price
- Highest bid and lowest ask = the gap you'll encounter when submitting a market order
Placing Your First Trade
- Pick a market and decide between YES or NO
- Input your desired USDC quantity
- Examine the projected execution price and proceed
- Polygon processes the transaction within approximately 2 seconds
FAQ
- Why does Polymarket require a blockchain wallet?
- Polymarket operates entirely on-chain — your holdings live within smart contracts that demand wallet verification. PolyGram removes this complexity by using Telegram authentication instead.
- What is the minimum trade on Polymarket?
- Polymarket enforces a floor of roughly $1 depending on current share valuations. PolyGram imposes no such restriction.