Polymarket Trading Guide 2026 — How to Trade Prediction Markets Like a Pro

*Disclaimer: This article is for informational purposes only and is not financial advice. Prediction market trading involves significant risk of loss. Never trade with money you cannot afford to lose. Always do your own research (DYOR).*

Last Updated: March 2026

I remember the first time I placed a trade on Polymarket. It was mid-2024, a few months before the US presidential election, and I bought "Yes" shares on a market that most pundits were calling a coin flip. The shares cost me $0.52 each. A few weeks later, as polling data shifted, those shares were trading at $0.78. I sold half, locked in profits, and let the rest ride.

That single trade taught me more about probability, information asymmetry, and market dynamics than two years of reading about traditional finance. Prediction markets are not gambling — they are financial instruments that price real-world outcomes. And Polymarket, built on the Polygon blockchain, has become the dominant platform where this happens.

In 2024, Polymarket exploded into the mainstream during the US election cycle, processing over $3.5 billion in trading volume on election markets alone. By 2026, the platform has expanded far beyond politics — you can now trade on crypto prices, sports outcomes, AI milestones, geopolitical events, economic data releases, and cultural moments. Monthly active traders have grown to well over 200,000, and the platform processes hundreds of millions in volume each month.

This guide is everything I wish I had when I started. I'll walk you through how Polymarket works, how to set up your account and fund it, the mechanics of trading, strategies that actually work (including lessons from the platform's most famous whales), and the risks you absolutely need to understand before putting real money on the line.

Let's get into it.

What Is Polymarket and Why Prediction Markets Matter

Polymarket is a decentralized prediction market platform built on the Polygon blockchain. At its core, it lets you trade on the outcomes of real-world events. Think of it like a stock market, but instead of buying shares in companies, you buy shares in outcomes — "Yes" or "No" on whether something will happen.

How the basic mechanics work:

Every market on Polymarket is a binary question. For example: "Will Bitcoin exceed $150,000 by December 31, 2026?" You can buy "Yes" shares or "No" shares. Each share resolves to either $1.00 (if the outcome happens) or $0.00 (if it doesn't). The current price of a share reflects the market's collective estimate of the probability.

If "Yes" shares on that Bitcoin question are trading at $0.35, the market is saying there's roughly a 35% chance it happens. If you believe the probability is higher — say you think it's actually 55% — you buy "Yes" shares at $0.35 and stand to profit if the market moves your way or if the event actually occurs. Note that you'll need USDC funded on a crypto exchange before you can trade — our Coinbase review 2026 covers the simplest way to get started.

Why this matters beyond just making money:

Prediction markets are remarkably good at aggregating information. Studies from economists like Robin Hanson and others have consistently shown that prediction markets outperform polls, expert panels, and even sophisticated forecasting models. The reason is simple: when people have money on the line, they're incentivized to be right, not to signal what sounds good or what their audience wants to hear.

During the 2024 US election, Polymarket's odds were more accurate than virtually every major polling aggregator. The market priced in information from early voting data, ground-level reports, and demographic shifts faster than traditional media could process it. This is not a fluke — it is fundamental to how markets work.

Why Polymarket specifically?

Several prediction market platforms exist (Kalshi, Metaculus, PredictIt), but Polymarket has emerged as the clear leader for several reasons:

• **Liquidity.** Polymarket consistently has the deepest order books, meaning you can enter and exit positions without massive slippage.
• **Market variety.** From crypto prices to geopolitical events to pop culture, the range of available markets is unmatched.
• **Blockchain transparency.** Every trade settles on Polygon, so the order book and market resolution are verifiable on-chain.
• **No arbitrary position limits.** Unlike PredictIt (which capped positions at $850), Polymarket lets you trade size that matters.
• **Speed.** Trading is near-instant on Polygon, with negligible transaction fees.

The platform uses USDC (a stablecoin pegged to the US dollar) as its base currency. All deposits, trades, and withdrawals happen in USDC. This is important — you'll need to acquire USDC before you can start trading, which is where crypto exchanges come in.

Getting Started: Sign Up, KYC, and Funding Your Account

Setting up a Polymarket account is straightforward, but there are a few steps that trip up newcomers. Here's the complete walkthrough.

Step 1: Create your account

Head to polymarket.com and click "Sign Up." You can connect an existing crypto wallet (MetaMask, Coinbase Wallet, etc.) or create an account using your email address. If you're new to crypto, the email option is the simplest — Polymarket will create a non-custodial wallet for you behind the scenes using their MPC (multi-party computation) wallet infrastructure.

I recommend the email signup for beginners. You get the benefits of a blockchain-based platform without needing to manage private keys or browser extensions. Your wallet is secured through your email and device authentication.

Step 2: Identity verification (KYC)

Polymarket requires identity verification for most users, particularly those in supported jurisdictions. You'll need to provide a government-issued ID and complete a liveness check (a selfie to confirm you match your ID). This typically takes under 5 minutes and approval is usually instant to a few hours.

Important note: Polymarket is not available in all jurisdictions. As of March 2026, US users face restrictions on certain market types due to CFTC regulations, though the regulatory landscape continues to evolve. Check Polymarket's terms of service for the latest on your region.

Step 3: Fund your account with USDC

This is where most beginners get stuck. Polymarket runs on USDC (specifically USDC on the Polygon network). You have several options to fund your account:

Option A: Deposit USDC directly (if you already have crypto)

If you already hold USDC on Polygon, you can deposit it directly to your Polymarket wallet address. If your USDC is on Ethereum mainnet or another chain, you'll need to bridge it to Polygon first (Polymarket's interface often handles this automatically, though it may take a few minutes).

Option B: Buy USDC on an exchange and transfer it

This is the most common path for new users. Here's what I recommend:

1. Create an account on a major exchange. [Get USDC on Coinbase ->](https://www.coinbase.com/join/GHOST) is the easiest option for US users since Coinbase issues USDC and supports direct Polygon withdrawals. Alternatively, [Buy crypto on Bybit ->](https://partner.bybit.com/b/135017) if you want lower fees and are outside the US.
2. Complete KYC on the exchange (usually required for fiat deposits).
3. Deposit fiat currency (USD, EUR, etc.) via bank transfer or card.
4. Buy USDC with your deposited fiat.
5. Withdraw USDC to your Polymarket wallet address. **Critical: Make sure you select the Polygon network when withdrawing.** Sending USDC on the wrong network means your funds could be lost or stuck.

Option C: Card deposit (newer option)

Polymarket has been rolling out direct card deposits through payment processors like MoonPay and Transak. This lets you buy USDC directly within the Polymarket interface using a credit or debit card. It's the most convenient option but typically carries higher fees (3-5% vs. under 1% through an exchange).

How much to start with:

I started with $200. That was enough to spread across 4-5 markets and learn the mechanics without the stakes keeping me up at night. I'd recommend somewhere between $100 and $500 for your first month. The goal is to learn, not to get rich immediately.

If you're planning to trade larger amounts, Buy crypto on Bybit -> tends to offer the best withdrawal fees for USDC on Polygon, which matters when you're moving four or five figures.

How Polymarket Trading Works: Order Books, Shares, and Market Mechanics

Now that your account is funded, let's break down exactly how trading works. This is where Polymarket differs significantly from traditional betting platforms, and understanding these mechanics is your edge.

Binary outcomes and share pricing

Every Polymarket market resolves to one of two outcomes. For a market like "Will the Fed cut rates in June 2026?", you can buy:

• **Yes shares** — these pay $1.00 if the Fed cuts rates, $0.00 if they don't.
• **No shares** — these pay $1.00 if the Fed does NOT cut rates, $0.00 if they do.

The prices of Yes and No shares always add up to approximately $1.00 (minor deviations exist due to the spread). So if Yes is trading at $0.62, No is trading around $0.38.

This is not sports betting. On Polymarket, you can sell your shares at any time before the market resolves. Bought Yes shares at $0.40 and they're now trading at $0.65? You can sell immediately and take your profit without waiting for the event to occur. This is a crucial difference — you're trading a live market, not placing a static bet.

The order book

Polymarket uses a Central Limit Order Book (CLOB), which works exactly like a stock exchange order book. There are two types of orders:

• **Market orders** — You buy or sell immediately at the best available price. Simple, but you may experience slippage (paying more than expected) in thin markets.
• **Limit orders** — You set the exact price you want. Your order sits on the book until someone matches it or you cancel. No slippage, but no guarantee of execution.

Example trade walkthrough:

Let's say the market "Will Ethereum flip Bitcoin by market cap in 2026?" is showing:

• Best Ask (cheapest Yes shares available): $0.08
• Best Bid (highest price someone will pay for Yes shares): $0.06
• Spread: $0.02

If you believe there's a greater than 8% chance Ethereum flips Bitcoin, you might place a market buy order for 1,000 Yes shares at $0.08 each, costing you $80 total. Your maximum loss is $80 (shares go to $0). Your maximum profit is $920 (shares resolve at $1.00 each, minus your $80 cost).

Alternatively, you could place a limit buy at $0.06, sitting on the bid. If the market dips and someone sells into your order, you get filled at a better price — but you might never get filled if the price moves up.

Fees

Polymarket charges no trading fees for makers (limit orders that add liquidity to the book). Takers (market orders that remove liquidity) pay a small fee, typically around 1-2%. This fee structure incentivizes limit orders and rewards patience.

Resolution

When a market's event occurs, the market is resolved by Polymarket's resolution system, which uses UMA's optimistic oracle. A proposer submits the outcome, and there's a challenge period where anyone can dispute it. If undisputed, the resolution stands and winning shares pay out $1.00. If disputed, it goes to UMA token holders for a decentralized vote.

Most markets resolve smoothly within hours of the event concluding. Occasionally, ambiguous outcomes lead to disputes — this is a risk you should be aware of (more on that in the risks section).

Position management

You can hold multiple positions across many markets simultaneously. Polymarket's portfolio view shows your open positions, unrealized P&L, and exposure. I typically run 8-15 open positions at any given time, diversified across different event categories to avoid correlation risk (more on strategy next).

Trading Strategies That Actually Work on Polymarket

After trading on Polymarket for over a year and studying the approaches of successful traders, I've identified several strategies that consistently produce results. None of these are get-rich-quick schemes — they require research, discipline, and patience.

Strategy 1: Information Edge Trading

This is the most straightforward strategy. You find markets where you believe the price is wrong because you have information or analysis that the broader market hasn't fully incorporated.

How it works in practice:

Say there's a market on whether a specific bill will pass the US Senate, trading at $0.45 (Yes). You follow Congressional politics closely, you've read the whip counts, you know that two undecided senators have made private comments suggesting they'll vote yes, and you've tracked the amendment process. Based on your analysis, you believe the true probability is closer to 70%. You buy Yes shares at $0.45 and wait for the market to catch up to reality.

Keys to success:

• Specialize. Don't try to be an expert on everything. The best Polymarket traders focus on 2-3 categories where they genuinely have deep knowledge.
• Be early. Information edge decays fast. By the time something is on mainstream news, the market has already moved.
• Size your positions based on your confidence level. Higher edge = larger position.

Strategy 2: Arbitrage and Cross-Market Pricing

Sometimes related markets on Polymarket (or between Polymarket and other platforms like Kalshi) are mispriced relative to each other. Finding these discrepancies is free money — if you're fast enough.

Example: If "Will Bitcoin hit $120K by June 2026?" is at 30% and "Will Bitcoin hit $100K by June 2026?" is at 25%, something is clearly wrong — reaching $120K requires first reaching $100K. The $100K market should be at least as high as the $120K market. You'd buy $100K Yes and potentially sell $120K Yes.

Strategy 3: Contrarian Value Plays

Markets often overshoot on emotion. After a major news event, the initial price swing frequently overshoots the rational probability, and then mean-reverts over the following hours or days.

Example: A crypto exchange gets hacked, and the market "Will [exchange] remain solvent through 2026?" crashes from $0.85 to $0.40 within an hour. If you assess the hack as significant but not existential (say, 5% of reserves), buying at $0.40 when the rational probability is closer to $0.75 is a high-expected-value trade.

Warning: Being contrarian for its own sake is a great way to lose money. You need to have a genuine analytical reason to disagree with the market. The market is usually right.

Strategy 4: Event-Driven Calendar Trading

Many markets are tied to scheduled events — Fed meetings, earnings reports, election dates, sports championships. You can plan your trading around these calendars.

The approach:

1. Identify upcoming catalysts (economic data releases, court rulings, votes).
2. Enter positions days or weeks before the event when prices haven't fully reacted to preliminary signals.
3. Either hold through the event (higher risk, higher reward) or sell before the event as the market prices in your thesis (lower risk, lower reward).

Strategy 5: Portfolio Diversification

Rather than going all-in on one market, spread your capital across 10-20 uncorrelated markets. If you consistently find markets where you have a 5-10% edge, the law of large numbers works in your favor over dozens of positions.

My typical allocation:

• 30% in 2-3 high-conviction positions (where I believe my edge is largest)
• 50% spread across 8-12 moderate-conviction positions
• 20% in cash, ready to deploy when obvious opportunities appear

This approach smooths returns and prevents any single bad outcome from devastating your account. It's boring, but boring is profitable.

Learning From the Whales: Theo4, Fredi9999, and Polymarket's Top Traders

One of Polymarket's most fascinating features is its public leaderboard. Because trades settle on the blockchain, you can see what the most successful traders are doing. Two names stand out above all others: Theo4 and Fredi9999.

Theo4 — The King of Polymarket

Theo4 became a household name in prediction market circles during the 2024 US election. This account placed massive, concentrated bets — reportedly wagering tens of millions of dollars — on election outcomes and was spectacularly right. Theo4's net profit on Polymarket is publicly visible and runs into the millions.

What can we learn from Theo4's approach?

• **Conviction sizing.** Theo4 does not spread capital thinly across dozens of small positions. When this trader identifies an edge, they go big. This is the opposite of the diversification strategy I described above, and it works — if you're right. The downside is catastrophic if you're wrong. For most of us, diversification is safer.
• **Information asymmetry.** Theo4 appeared to have access to modeling and analysis (potentially proprietary polling data or sophisticated statistical models) that the broader market lacked. The lesson: your edge comes from knowing something others don't, or analyzing public data more rigorously.
• **Early positioning.** Theo4 built positions weeks and months before events, accumulating at favorable prices before the crowd arrived. By the time mainstream narratives shifted, Theo4 was already fully positioned.

Fredi9999 — The Consistent Grinder

While Theo4 is known for massive concentrated bets, Fredi9999 represents a different archetype — the consistent, diversified trader who grinds out returns across many markets simultaneously.

Fredi9999's public profile shows activity across dozens of active markets at any given time, spanning politics, crypto, sports, and current events. The position sizes are more moderate, but the consistency is remarkable.

Key takeaways from Fredi9999's approach:

• **Volume over size.** Rather than a few huge bets, Fredi9999 takes many smaller positions where the perceived edge is 5-15%. Over hundreds of trades, this approach generates steady returns.
• **Diverse market coverage.** By trading across many categories, Fredi9999 reduces the risk of a single domain-specific surprise wiping out profits.
• **Active management.** Fredi9999 appears to actively adjust positions as new information arrives, taking profits when prices move favorably and cutting losses when the thesis breaks.

How to use the leaderboard:

I check Polymarket's leaderboard weekly. Here's my process:

1. Look at what the top traders are buying and selling.
2. Don't blindly copy. Instead, ask: "Why would a smart trader take this position?"
3. Do your own research on those markets.
4. If your independent analysis agrees, consider taking a similar position (at your own size).
5. If you disagree, understand *why* — sometimes the whales are wrong, and understanding their reasoning helps you find opportunities they might miss.

The leaderboard is a research tool, not a trade copier. Use it as a starting point for your own analysis, not as a substitute for it.

Why Polymarket Has a Real Edge Over Other Trading Venues

Before covering the risks, it's worth being explicit about what makes Polymarket genuinely attractive as a trading venue — particularly compared to traditional markets and sports betting.

1. No house edge. Unlike sportsbooks that build in 5-10% vigorish on every market, Polymarket operates as a peer-to-peer exchange. The platform charges takers a small fee (~1-2%), but makers pay nothing. This structure means skilled traders face far less structural disadvantage than in traditional betting.

2. The ability to sell early. Once you buy shares, you can exit at any time before resolution. If you buy Yes at $0.35 and the price moves to $0.65 on new information, you can take your profit immediately. This gives Polymarket the trading flexibility of financial markets, not the static lock-in of traditional betting.

3. Information asymmetry is rewarded. Polymarket's markets are set by collective trader consensus, not a bookmaker. If you have genuine expertise in a domain — politics, crypto, policy, economics — and you spot a market that's mispriced, you can profit from that edge repeatedly. Sportsbooks will ban winning bettors; Polymarket has no reason to.

4. Transparency via blockchain. Every trade is recorded on Polygon. You can see what the biggest traders are doing, study market depth, and verify resolution on-chain. This transparency is unmatched by any traditional prediction market or sportsbook.

5. Broad market coverage. From Fed rate decisions to Bitcoin price targets to AI milestones, Polymarket covers events that no sportsbook or traditional exchange touches. This breadth creates unique trading opportunities for anyone with specialized knowledge.

For a direct comparison of Polymarket's strengths against its main regulated competitor, see our Polymarket vs Kalshi comparison.

Risks and Downsides: What Can Go Wrong

I've been honest about the upsides of Polymarket trading, so let me be equally honest about the risks. These are real, and ignoring them will cost you money.

1. Liquidity risk

While Polymarket's top markets (presidential elections, Bitcoin price targets) have deep liquidity, many smaller markets are thinly traded. This means:

• Large orders can move the price significantly against you (slippage).
• You may not be able to exit a position quickly if sentiment shifts.
• Bid-ask spreads on niche markets can be 10-20%, meaning you lose money the moment you enter.

My rule: I never put more than 5% of my Polymarket capital into any market where the daily volume is under $10,000.

2. Resolution disputes

This is Polymarket's biggest systemic risk. When a market's outcome is ambiguous, the resolution process can be contentious. There have been cases where traders felt a market resolved incorrectly due to ambiguous wording.

Example: A market on whether a certain event would happen "by Q1 2025" — does that mean by January 1, or by March 31? Ambiguity in market wording can lead to unexpected resolutions.

Mitigation: Before entering any market, read the resolution criteria carefully. If the rules are ambiguous, skip the market. There are always clearer opportunities elsewhere.

3. Regulatory uncertainty

Prediction markets operate in a regulatory gray area in many jurisdictions. The CFTC in the US, for instance, has taken varying stances on which types of prediction markets are permissible. Regulatory changes could restrict access to Polymarket or specific market types.

In early 2025, Polymarket faced increased regulatory scrutiny and had to adjust certain market offerings. While the platform continues to operate and grow, the regulatory landscape remains uncertain.

4. Smart contract risk

Polymarket is built on blockchain smart contracts. While the platform has been audited and operates on the battle-tested Polygon network, smart contract vulnerabilities are always a theoretical risk. A bug could potentially lock or drain funds.

5. Opportunity cost and time investment

Successful Polymarket trading requires genuine research. If you're spending 10 hours a week researching prediction markets and generating 8% returns on a $1,000 account, you're making about $80/month for 40+ hours of work. Be honest with yourself about whether the time investment makes sense at your capital level.

6. Psychological traps

Prediction markets trigger the same cognitive biases as any other form of trading:

• **Confirmation bias** — seeking out information that confirms your existing position.
• **Sunk cost fallacy** — holding a losing position because you've already put money in.
• **Overconfidence** — believing your analysis is better than the market's consensus.
• **Hindsight bias** — thinking you "knew it all along" after a market resolves, which leads to overconfident sizing on future trades.

I've fallen victim to all of these. The antidote is keeping a trading journal where you record your reasoning *before* you trade, and honestly reviewing your mistakes.

Polymarket vs Traditional Sports Betting: A Complete Comparison

Many people come to Polymarket from a sports betting background, so let me break down the key differences. They look similar on the surface — you're wagering on outcomes — but the mechanics are fundamentally different.

Feature	Polymarket	Traditional Sports Betting
**Market type**	Binary outcomes on any real-world event	Primarily sports events
**Pricing**	Continuous order book (like a stock exchange)	Fixed odds set by the bookmaker
**Can you sell before the event?**	Yes, anytime at market price	No (in most cases)
**Who sets the odds?**	All traders collectively (the market)	The bookmaker (the house)
**House edge**	No house edge; small taker fee (~1-2%)	5-10% built-in house edge (vigorish)
**Position limits**	No arbitrary limits	Winning bettors often get limited/banned
**Transparency**	On-chain; all trades visible	Opaque; bookmaker controls everything
**Market coverage**	Politics, crypto, AI, geopolitics, sports, culture	Primarily sports
**Currency**	USDC (crypto stablecoin)	Fiat currency
**KYC required**	Yes	Yes
**Available 24/7**	Yes	Depends on sports schedule
**Edge for skilled traders**	High — information edge is rewarded	Low — bookmakers limit winning players
**Regulation**	Evolving (CFTC oversight, varies by region)	Heavily regulated (state/country licenses)

The key advantages of Polymarket over traditional betting:

1. **No house edge working against you.** This is enormous. In sports betting, the bookmaker takes 5-10% on every market. On Polymarket, you're trading against other participants, and the platform takes a minimal fee. Over thousands of trades, this difference compounds dramatically.

1. **You can exit early.** If you buy shares at $0.30 and they move to $0.60, you can sell immediately. In sports betting, you're locked in until the event concludes (with limited exceptions for cash-out features, which are always disadvantageous).

1. **Skilled traders aren't penalized.** Sportsbooks famously limit or ban winning bettors. Polymarket has no incentive to do this — the platform earns fees regardless of who wins.

1. **Broader market coverage.** Want to trade on whether the Fed will raise rates? Whether a tech CEO will step down? Whether a specific AI model will hit a benchmark? Polymarket has markets on these. Sportsbooks don't.

Where traditional betting still has edges:

• **Simpler UX.** Download an app, deposit dollars, place a bet. No USDC, no blockchain, no wallet addresses.
• **Regulatory clarity.** Licensed sportsbooks operate under clear legal frameworks. Polymarket's regulatory status is less certain in many jurisdictions.
• **Deeper sports liquidity.** For major sporting events, sportsbook liquidity still exceeds Polymarket for many sports markets.

If you're currently a sports bettor, the transition to Polymarket is natural. The analytical skills transfer directly — you're just trading in a more efficient market structure. The first step is getting comfortable with USDC and the Polygon blockchain. Get USDC on Coinbase -> is the smoothest on-ramp for most users, or Buy crypto on Bybit -> if you want access to a wider range of crypto assets and lower trading fees. For the full set of strategies that work best on Polymarket, see our dedicated guide on the best Polymarket strategies.

FAQ

Q: Is Polymarket legal in the United States?

A: The legal status is nuanced and evolving. Polymarket allows US users to access certain markets, but some event types (particularly sports betting-adjacent markets) may be restricted based on CFTC guidance. The platform has worked with regulators and adjusted its offerings accordingly. As of March 2026, US users can trade on most political, crypto, and current events markets. However, regulations could change — always check Polymarket's current terms of service for your jurisdiction before depositing funds.

Q: How much money do I need to start trading on Polymarket?

A: There's no official minimum, but I recommend starting with $100-$500. This gives you enough to diversify across several markets while learning the mechanics. Below $100, the learning value is limited because you can't take meaningful positions. Above $500 as a complete beginner, you're risking too much while you're still figuring things out. Scale up your capital only after you've demonstrated profitability over at least 50-100 trades. To fund your account, the easiest path is to purchase USDC on an exchange like Coinbase or Bybit and transfer it to your Polymarket wallet on the Polygon network.

Q: What happens to my money if Polymarket shuts down?

A: Because Polymarket is built on the Polygon blockchain, your USDC is held in smart contracts — not in Polymarket's bank account. In theory, even if the Polymarket front-end goes offline, your funds could be recovered by interacting directly with the smart contracts. In practice, this would be technically challenging for most users. As a precaution, I don't keep more capital on Polymarket than I'm actively using for open positions. Idle USDC goes back to my exchange wallet.

Q: Can I use trading bots on Polymarket?

A: Yes. Polymarket has an API that allows programmatic trading. Several third-party tools and open-source bots have been built for the platform. Automated strategies include market-making (providing liquidity by posting limit orders on both sides), arbitrage between related markets, and systematic event-driven trading. However, bot trading on Polymarket requires technical skills (Python, API integration) and a solid understanding of the platform's order book mechanics. It's not a plug-and-play experience like consumer-facing crypto trading bots.

Q: How are Polymarket winnings taxed?

A: Tax treatment of prediction market profits varies by jurisdiction and is not fully settled in many countries. In the US, prediction market gains are generally treated as either short-term capital gains or gambling income — consult a tax professional for your specific situation. Polymarket doesn't issue tax forms like a traditional brokerage. You're responsible for tracking your own trades and reporting gains. I use a crypto tax tool that imports my Polygon wallet transactions to generate tax reports. Keep detailed records of every deposit, withdrawal, and trade.

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*Disclaimer: This article is for informational purposes only and is not financial advice. Prediction market trading involves significant risk of loss. Never trade with money you cannot afford to lose. Always do your own research (DYOR).*

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