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Polymarket: Bet USDC & Profit

Prediction markets have been around since the 16th century and let people bet on future events for just as long. Polymarket is a decentralized platform on Ethereum and Polygon where users bet using USDC and win (or lose) depending on their bet . It employs Automated Market Makers (AMMs) for liquidity and relies on UMA, a system where anyone can submit or challenge proof of an outcome.

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What to Bet on?

Polymarket lets users bet on a wide range of real-world events:

Political Events: Popular for betting on outcomes like the 2024 US presidential election.

Sports: Bet on game results, player performances, and more.

Financial Markets: Wager on cryptocurrency prices, stock movements, and economic trends.

Entertainment: Predict outcomes of award shows, movie box-office results, and pop culture events.

Global Issues: Bet on climate change, scientific discoveries, viral trends, and more.

How to Get Started?

Here’s a quick guide on how to start using Polymarket.

Step 1. Set Up a Crypto Wallet
You need a Polygon-compatible wallet like MetaMask or Coinbase Wallet to store USDC, the stablecoin used for trading.

Step 2. Add the Polygon Network
To use MetaMask on Polymarket, manually add the Polygon network via the network dropdown. This step ensures faster, cheaper transactions.

Step 3. Acquire USDC on the Polygon Network
To trade on Polymarket, you need USDC on the Polygon network. You can purchase USDC on Changelly and then transfer it to your wallet. Learn other 6 steps to earn with predictions in our guide.

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