> For the complete documentation index, see [llms.txt](https://predictbase.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://predictbase.gitbook.io/docs/using-predictbase/trading.md).

# Trading

### Trading on PredictBase

Once your wallet is connected and your account is funded with **USDC** on **Base**, you’re ready to make your first prediction!\
**PredictBase** allows you to bet on real-world outcomes — such as **Bitcoin price movements, sports results, tech product launches**, and more — and **trade shares of your predictions** as events unfold in real time.

***

#### What You’re Betting On

Each market includes:

* A **question** (e.g., “Will ETH be above $3,000 on May 1st?”)
* A **set of options** (e.g., “Yes” or “No”)
* The **current share price** for each option

You place your **USDC** on the outcome you believe will occur and receive **shares** in return. After the market resolves, you can **claim $1 per share** if your prediction was correct, or you can **sell your shares anytime** based on the current market price.

*  You can place **multiple bets** in the same market before it closes.
* All bets are **stored on-chain** and fully transparent.
*  A **2% fee** (1% to the market creator, 1% to the protocol) is applied **directly to each trade**

***

#### Trading Fee (2% )

Each trade (buy/sell) includes a **2% transaction fee**, which is split evenly:

| Fee Type             | Amount | Description                                                              |
| -------------------- | ------ | ------------------------------------------------------------------------ |
| **Creator Revenue**  | 1%     | Paid to the market creator after the market is resolved                  |
| **Protocol Revenue** | 1%     | Used to fund PredictBase development, infrastructure & **PREDI** buyback |

**These fees are included in your quoted share price.**

**Example:**\
You want to buy **$100 USDC worth of shares** in the Lakers market:

* **$1 USDC** goes to **creator revenue**
* **$1 USDC** goes to the **platform**
* The Seller will receive the **remaining $98 USDC** 

***

#### How to Open a Positions?

1. Browse markets on [PredictBase](https://predictbase.app).
2. Click on a market to open its **detail view**.
3. Select your **prediction option** (e.g., “Yes”).
4. Enter the **amount of USDC** you want to bet.
5. Click **Place Bet**.

Note: By default, this will use a **market order**, which may cause slippage — be careful!\
You can click the **limit order icon** to switch to a **limit order** if you prefer.

***

#### How to Close a Positions?

1. Visit your **dashboard** on [PredictBase](https://predictbase.app/dashboard) or go to the market page.
2. Select **your option**.
3. Enter the **amount of shares** you want to sell.
4. Click **Confirm**.

Note: By default, this will use a **market order**, which may cause slippage — be careful!\
You can click the **limit order icon** to switch to a **limit order** if you prefer.

***

#### How Odds Work

In PredictBase v3, trades occur through a **live orderbook**, matching buyers and sellers directly.

* **Each trade requires a counterparty**: for every share you buy or sell, there must be a matching order. If no matching orders exist, your order may **not get filled**.
* Once you place a bet, your **odds are locked in**. Winning options pay **$1 per share**.
* **Live trading** lets you **buy or sell shares anytime** before market resolution, enabling you to:
  * Lock in profits
  * Hedge positions
  * Actively trade like in traditional markets

#### Example

> * Market: Will BTC be over $70,000 on May 1st?
> * Option prices: Yes = $0.60, No = $0.40
> * Bet: $50 on "Yes"
>
> **Result:**
>
> * **Shares received:** 83.33 shares
> * **Payout if correct:** $83.33

***

#### ⚠ Important Notes

* **Verify Market Validity**

  PredictBase allows all users to create markets, so **make sure the market you’re betting on makes sense**. **Cancelled markets** will resolve all options evenly, which means you **could incur losses**. Always **validate markets** before placing bets to avoid unexpected outcomes.

Once your bet is placed, you can track it anytime under [**Viewing Your Bets**](/docs/using-predictbase/view-your-positions.md).