Frequently asked questions

PolyTransact is a prediction market platform. You trade on the outcomes of real-world events — from elections and crypto prices to sports results — using USD.

No. All funds on PolyTransact are USD. They have real-world monetary value and can be withdrawn or exchanged for any currency or item of value.

Create a free account, navigate to Wallet, and deposit some funds. Then browse Markets, find something you have a strong view on, and buy YES or NO shares.

Not yet. PolyTransact is a fully responsive web application that works on all modern smartphones and tablets through your browser.

A YES share priced at 65¢ reflects the market's collective belief that there is a ~65% probability the event will happen. Prices move between 1¢ and 99¢ based on supply and demand from traders.

Winning shares pay out $1.00 each at settlement. If you bought YES shares at 40¢ and the market resolves YES, each share earns you $1.00 — a profit of 60¢ per share, or +150%.

Losing shares pay out $0.00. You lose the amount you spent on those shares. Your maximum loss on any trade is the amount you put in.

Sell functionality is visible in the trading terminal. Liquidity on individual markets varies, so early exit may not always be available at favourable prices.

PolyTransact charges 0% trading fees. The full amount you spend goes toward buying shares, and the full payout on winning shares is credited to your wallet.

Markets are submitted by users and approved by the PolyTransact admin team. We review submissions for clarity, measurability, and a clear resolution criterion before publishing them.

An admin resolves each market once the real-world event concludes and the outcome is unambiguous. We use publicly verifiable sources — official results, credible news reports, on-chain data — to determine outcomes.

Yes. If an event is postponed indefinitely, the resolution criterion becomes ambiguous, or the market cannot be fairly resolved, an admin may cancel it. Funds spent on cancelled markets may not be refunded.

Log in and navigate to Submit. Provide a clear yes/no question, a resolution date, a category, and any helpful context. Our team reviews all submissions within 24–48 hours.

Each user receives a unique referral code. When someone signs up using your code and makes trades, you earn a 1% commission on every trade they execute — automatically credited to your wallet.

No. Each person is permitted one account. Creating multiple accounts to gain an unfair advantage is a violation of our Terms of Service and may result in all accounts being permanently banned.

Banned accounts cannot log in or participate in any trading activity. Bans are issued for violations of our Terms of Service, including market manipulation, abusive chat behaviour, or multi-accounting.