If one wanted to participate in a prediction market like Polymarket or Kalshi, can you point to any good step-by-step instructions for how to do so in a way that minimizes fees (and other problems like exposure to inflation or crypto prices), and which does not presuppose knowledge of the complicated crypto ecosystem, nor that the user must be from the US?
2. Find your Polymarket wallet address by clicking on your username on the top right corner → Deposit → P2P/Polygon → Deposit.
3. Reach out to a more technically advanced user that uses Polymarket, and ask him to exchange $x outside of Polymarket for $x within Polymarket.
For small amounts of money, and for the first few users, I’m willing to do this myself; you can send me a PM.
There are also a few users on LessWrong who might also be glad to volunteer to do this
If that fails, you can go to the peer to peer channel on Polymarket’s Discord, and ask if anyone is willing to exchange money inside Polymarket for money outside Polymarket
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If one wanted to participate in a prediction market like Polymarket or Kalshi, can you point to any good step-by-step instructions for how to do so in a way that minimizes fees (and other problems like exposure to inflation or crypto prices), and which does not presuppose knowledge of the complicated crypto ecosystem, nor that the user must be from the US?
Kalshi is only available to US people, so here are two instructions for Polymarket.
Method 1: Network of trust
1. Create an account on https://polymarket.com/
2. Find your Polymarket wallet address by clicking on your username on the top right corner → Deposit → P2P/Polygon → Deposit.
3. Reach out to a more technically advanced user that uses Polymarket, and ask him to exchange $x outside of Polymarket for $x within Polymarket.
For small amounts of money, and for the first few users, I’m willing to do this myself; you can send me a PM.
There are also a few users on LessWrong who might also be glad to volunteer to do this
If that fails, you can go to the peer to peer channel on Polymarket’s Discord, and ask if anyone is willing to exchange money inside Polymarket for money outside Polymarket
3. Done.
Method 2: Read the docs
You can find Polymarket’s documentation here.