How it works — Premarke

Getting started

You can browse markets without an account. To take a position you need an account and a USDT balance.

Create an account
Register with your email address, a username and a password. You must be 18 or older.
Deposit USDT (TRC-20)
Open your wallet page to find your personal deposit address and send USDT on the TRON network. The deposit is credited after network confirmations.
Choose a market
Read the market description, its closing time and the resolution source that will be used to decide the result.
Take a position
Select an outcome and enter your stake. Review the price and potential payout, then confirm. You can follow your open positions on your dashboard.

How prices work

Each outcome trades as shares priced between 0 and 1 USDT. The price is roughly the market's estimate of the probability that the outcome happens: a price of 0.40 USDT means about a 40% chance. That is why markets show prices as percentages.

If the outcome you hold wins, each share pays 1 USDT. If it loses, the shares are worth nothing and you lose your stake. Prices are set by an automated market maker: buying an outcome raises its price and lowers the others, and selling does the opposite. A larger stake therefore pays a slightly higher average price per share than the price shown before you trade, and the more likely an outcome looks to the market, the more a share costs and the smaller the potential profit.

Worked example

Illustrative numbers

YES price: 0.40 USDT per share (40%)
Stake: 40.00 USDT
Shares received: 100
If YES wins: 100.00 USDT returned (60.00 USDT profit)
If NO wins: 0.00 USDT (stake lost)

These numbers are for illustration only. Because the price moves as positions are taken, the exact shares and potential payout for your stake are shown before you confirm.

Selling before the market closes

While a market is open you can sell all or part of a position back to the market. Selling lowers the price as it goes, so you receive slightly less than the current price for every share. The amount you receive depends on the price at that moment and may be more or less than your original stake.

Market types

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Yes / No markets

A question with two outcomes, YES and NO. The two prices add up to about 1 USDT (100%), so if YES is at 65%, NO is at about 35%.

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Multiple-outcome markets

A question with several possible answers, such as which candidate or team will win. Exactly one outcome wins, and the probabilities across all outcomes add up to about 100%.

Resolution

Every market has an end time and a stated resolution source, both shown on the market page.

Trading stops when the market reaches its end time.
The result is decided by Premarke administrators, using the resolution source stated on the market.
When a market resolves, winning positions are credited to your USDT balance in full: your stake plus profit, with nothing deducted. Losing positions return nothing. The trading fee was already taken from your stake when the position opened.

Deposits and withdrawals

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Only USDT on the TRON network (TRC-20) is supported. Sending other tokens, or USDT on another network, may result in permanent loss of funds.

Deposits

Each account has a personal deposit address, shown on your wallet page. Deposits are credited to your balance after the required network confirmations.

Withdrawals

Withdrawals are sent to a TRC-20 address you provide. Withdrawals are reviewed, and some may require manual approval before they are sent. The withdrawal fee is deducted as described below and is shown before you confirm.

Fees and limits

Trading fee
Withdrawal fee
Minimum withdrawal
Position size

Risks and responsible use

Premarke is for adults only. You must be 18 or older to use it.
Outcomes are uncertain and you can lose the full amount of any stake. Only stake what you can afford to lose.
Prices can change quickly. A high probability is not a guarantee.
Make sure that using prediction markets is permitted where you live.
Set yourself limits, take breaks, and stop if it is no longer enjoyable.

Frequently asked questions

What does the percentage on a market mean? {icon:plus}

It is the current price of the outcome expressed as a probability. A YES price of 0.62 USDT is shown as 62%, meaning the market currently estimates a 62% chance that the outcome happens.

Which currency and network do you support? {icon:plus}

USDT on the TRON network (TRC-20) only. Balances, stakes, payouts and fees are all in USDT.

Do I need my own crypto wallet? {icon:plus}

You need a way to send and receive USDT on TRC-20, such as an exchange account or a self-custody wallet. You deposit to the personal address shown on your wallet page; you do not connect a wallet to Premarke.

How long does a deposit take? {icon:plus}

Your deposit is credited once the transaction has the required number of confirmations on the TRON network. The time this takes depends on network conditions.

Is there a minimum or maximum stake? {icon:plus}

Yes. The allowed position size is shown in the fees and limits table above and on each market before you confirm.

Can I close a position before the market ends? {icon:plus}

Yes. While the market is open you can sell all or part of a position back to the market. The amount you receive is set when the sale is executed and may be more or less than your stake.

Who decides the result of a market? {icon:plus}

Premarke administrators resolve each market after it closes, using the resolution source stated on the market page.

When do I receive my winnings? {icon:plus}

Winnings are credited to your USDT balance when the market is resolved, and nothing is deducted from them: every winning share pays a full 1 USDT. The trading fee is taken earlier, out of your stake when the position opens, so both sides of a market pay it whether they go on to win or lose.

How are withdrawals processed? {icon:plus}

You request a withdrawal to a TRC-20 address from your wallet page. Requests are reviewed and some need manual approval before they are sent. The fee and the amount you will receive are shown before you confirm.

How Premarke works