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Ready to make your first prediction? This guide will walk you through placing your first trade on Basemarket. Before you start, make sure you have created an account and deposited funds (minimum $10).

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How to Trade

1

Find a Market

Browse available markets and pick an event you’re interested inGood first markets:
  • Simple Yes/No questions.
  • Topics you know well.
  • Short-term events (resolve within days or weeks).
2

Understand the Question

Read the market question and resolution criteria carefully:
  • What exactly is being asked?
  • When does the market close?
  • How will it be resolved?
Example: “Will Bitcoin reach $150K by December 31, 2025?”
3

Check the Current Odds

Look at the current prices:
  • YES at 35¢ = 35% chance of happening.
  • NO at 65¢ = 65% chance of not happening.
Prices always add up to $1.00.
4

Decide What to Buy

Choose your position: - Buy YES if you think the event will happen - Buy NO if you think it won’t happen.
5

Place Your Trade

Enter your trade amount: Start with a small amount ($5 - $10). Review the expected outcome. Click “Buy” to confirm.
6

Monitor Your Position

Track your trade in your portfolio:
  • Current value of your shares.
  • Profit/loss if you sold now.