How Polymarket works example?
Practical example of how Polymarket works: Step 1 - Deposit: You deposit USDC into your Polymarket wallet via the Polygon network. Step 2 - Browse: You see a market like Will BTC be above $100k by Dec 31 2025?
65 (65% probability). Step 3 - Analyze: You believe Bitcoin will exceed $100k, so you decide to buy YES shares. 65 each, spending $65.
Step 5 - Wait: As the date approaches, the price may fluctuate based on market activity. Step 6 - Resolve: On Dec 31, if BTC is above $100k, your shares pay $1 each = $100. Profit = $35 (54% return).
If BTC is below $100k, your shares are worth $0. Loss = $65. Alternative: You could have sold your shares anytime before Dec 31 at the current market price to lock in profits or cut losses.