Gate Officially Integrates Polymarket: Gaining Insights into Global Hotspots and Market Trends, Ushering in a New Experience in Prediction Markets
- Core Viewpoint: Gate Exchange has become the first centralized exchange to integrate the prediction market platform Polymarket. It offers a low-barrier entry point for prediction trading through its App, supporting users to participate in predicting global hotspot events using spot USDT or Web3 wallets. The aim is to merge the exchange's user base with professional trading tools, expanding event-driven trading scenarios.
- Key Elements:
- Gate has added a Polymarket entry in its App. Users can directly use USDT from their spot accounts to participate in prediction trading without on-chain operations, lowering the participation barrier.
- The platform provides a dual-interaction structure of "Prediction Mode" and "Trading Mode," catering to ordinary users and professional traders respectively. The latter offers professional trading functions such as order books and K-line charts.
- It supports two login and funding paths: exchange accounts and Web3 wallets (using USDC on the Polygon network), accommodating both centralized and decentralized user habits.
- Prediction market prices reflect the real-time probability of an event occurring (e.g., a Yes price of 0.65 represents a 65% probability). Users can hold until settlement or conduct buy/sell trades midway.
- Gate deeply integrates prediction market positions with spot accounts, unifying asset and order management. Profits after event settlement can be exchanged for stablecoins and transferred with one click.
- This integration introduces features like AI-powered automatic translation, aiming to build a global prediction trading system with lower barriers and higher efficiency.
Cryptocurrency trading platform Gate has officially integrated with the renowned prediction market platform Polymarket, adding a "Polymarket" entry in the Gate App, becoming the first centralized exchange (CEX) to integrate Polymarket. It is now in public beta. Through this product, users can directly participate in prediction trading on global hot topics such as sports, finance, and crypto. By judging the outcome of future events and buying Yes/No shares, users can obtain corresponding returns after event settlement, opening up a new experience of gaining market insights and potential profits.
As prediction markets continue to gain popularity globally, more and more users are participating in hot topics like sports events, macroeconomics, and crypto industry developments through event trading. When integrating Polymarket, Gate not only fully retains its basic trading capabilities but also innovatively introduces a dual-interaction structure of prediction mode and trading mode: The prediction mode features an intuitive "probability + odds" display mechanism that lowers the participation barrier, helping ordinary users quickly understand market expectations; The trading mode provides professional traders with order books, price charts, and complete order placement functions, enabling them to participate in prediction markets in a manner closer to financial derivatives trading.
In terms of participation methods, Gate's Polymarket supports two paths: exchange account and Web3 wallet. Users can directly log in to the Gate App (updated to v8.12.5 or above) using their Gate exchange account and enter the Polymarket module under the Alpha page. Users only need to use USDT from their spot account to participate in prediction trading without any on-chain operations. The overall process is consistent with the conventional trading experience, helping users quickly engage with the market. Simultaneously, the platform also supports Web3 wallet login. Users can connect their wallets to participate in the Polymarket prediction market and use USDC on the Polygon network for trading and settlement, with funds processed on-chain, providing more choices for users familiar with on-chain operations and decentralized trading environments.
In terms of market structure, Polymarket offers various event categories, including popular fields like Featured, Sports, Crypto, and Finance. Users can quickly view event probability trends, odds levels, and market popularity in the list, and based on their own judgment, choose to buy shares of the future outcome they favor, thereby participating in event prediction trading. Furthermore, market prices reflect the probability of event occurrence in real-time and automatically calculate corresponding odds, helping users quickly understand potential returns and market expectations. For example, when the Yes price for an event is 0.65, it means the market generally believes there is about a 65% probability of the event occurring. Users can choose to hold until event settlement to obtain returns or engage in buying and selling trades during market price fluctuations.
In terms of professional trading capabilities, users can view probability trend charts, candlestick charts, and order book data on the market details page, with support for various trading methods such as market orders, limit orders, and share selling. To enhance trading efficiency, the platform also provides quick trade functionality, allowing users to buy directly from the list page without entering the trading page. Additionally, the platform supports multiple types of prediction markets. For instance, in sports events, it introduces spread prediction markets, allowing users to make predictions on different score ranges, thereby increasing the diversity and participation depth of event markets.
In terms of asset management, Gate has achieved deep integration between the prediction market and spot accounts. Users can uniformly view their USDT balance and prediction market position value on the assets page, and manage orders, positions, and trading history in a unified manner. After an event settles, users can claim settlement returns with one click. The system will automatically convert correctly predicted contracts into stablecoins at a 1:1 ratio and transfer them to the spot account.
Overall, while retaining Polymarket's core mechanisms, Gate's prediction market integrates exchange-level user demographics and complete trading capabilities, and introduces AI-powered automatic translation, building a prediction trading system with lower barriers and higher efficiency. This product not only lowers the threshold for ordinary users to participate in global hot topics but also provides a more comprehensive price discovery and strategic trading environment for professional traders.
In the future, Gate will continue to expand the event types and market structures of its prediction market, introduce more global hot topics and real-time data, and further improve trading tools and liquidity systems. As event-driven trading scenarios continue to diversify, prediction markets are expected to evolve from a product form focused primarily on participation into an important mechanism combining information discovery and market pricing functions, bringing new growth space to the digital asset ecosystem.
About Gate
Founded in 2013 by its founder and CEO, Dr. Han, Gate is one of the world's leading cryptocurrency trading platforms. The platform serves over 50 million users and supports trading of more than 4,500 crypto assets. As an industry benchmark, Gate was the first to achieve 100% Proof of Reserves. Its ecosystem encompasses diverse services including Gate Wallet, Gate Ventures, and Gate for AI.
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Disclaimer:
This content does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decision. Please note that Gate may restrict or prohibit all or part of its services from restricted regions. Please read the User Agreement for more information at: https://www.gate.com/zh/user-agreement.
