First trade

This page walks through how a trade is made in the UI as a single flow.

#Picking a market

Choose a category on conviction.bet or type a keyword into the search box. A market card shows the following:

• The question (e.g. "Will BTC break $100,000 by December 31?")
• The current price (= the market's estimated probability of YES)
• Volume / liquidity
• Trading start date, close date, and expected resolution date

On the detail page, you can also see the order book, the price chart, your positions, and more.

#Building an order

In the right-hand panel:

1. Select the Yes / No outcome.
2. Select Buy / Sell.
3. Pick the Limit / Market order type.

4. For Limit, enter a price (1¢ ~ 99¢). For Market, there's no price input.
5. Enter the quantity (Shares). One share is worth up to 1 USDT at settlement.
6. The estimated cost, fee, and shares you'll receive appear instantly.

#Placing the order

When you press Place Order, a prompt appears asking you to sign the order once. Once you sign, the order is accepted and Conviction handles execution automatically. You never need to send a transaction or pay gas yourself.

#Confirming the result

• The My Orders / Positions panel updates in real time.
• Your trade is reflected immediately in the trade history on the market page.
• The outcomes you hold can be checked in the Positions tab.

#Cancelling an order

An unfilled order sitting in the order book can be taken down instantly with Cancel. Any already-filled quantity is unaffected.

#Common errors

#Next steps

• Manage positions — sell your holdings or use split/merge
• Redeem — convert to USDT when the market ends