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Are you completely new to the Prediction Market feature? Are you unsure how to buy and sell? Then this article is for youLet’s start!Enter website: <a href="https://move.forbitswap.com/#/swap" rel="noopener noreferrer nofollow">https://move.forbitswap.com/#/swap</a>. Our platform has 2 core functions:– Create market– Trading Yes/No tokens in the Prediction MarketLet’s dive into each step.<h2 id="header-0">1/ Guide for creating a pool in the Prediction Market</h2>Firstly, you need to click the Compass Share tab, then click Create Market button<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/378713bcf9b14e30aab944dfd597078c.png" />There are 8 steps to create a market:a/ Set Market Question:This is the title of your pool to be shown in the Prediction Market. Note that the title need to be short and clear.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/2056d39fb17442e681d9956eb93fb123.png" />b/ Description:You need to write a detailed description of your pool. The more detailed and clear it is, the more people will participate in the pool.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/105989d997c44af4bb86c75d3885740f.png" />c/ Add liquidity:You need to enter the total amount of money you deposit into the pool initially. Note that in the testnet version, you can only use USDC to create a market. You can click the Faucet button to mint more USDC if your wallet doesn’t have enough.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/2ef4a06e76de4b529e6d29a86b0bff75.png" />d/ Upload thumbnail:Click Choose image to upload your picture.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/0cdc10a8a7814d4ab689dad502c37ec7.png" />e/ Set names and ratios for outcome:You need to enter the Yes and No ratio in the pool so that the total is 100%. The most important thing is to set the appropriate ratio for your pool. For example, if your pool is betting on Brazil winning against Ghana, in fact, Brazil is much stronger than Ghana right? So the Yes token price will be very high. If you set the initial ratio as 50:50, you will lose money because initial participants will be able to buy Y tokens at a low price. Be careful when you choose the ratio for your pool.Besides, you can change the name Yes/No token according to your preference<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/2c102dbe1bc3474cba4cb81863a4e609.png" />f/ Set Market Fee:You can choose the market fee charged for all users joining your pool. The fee will be split into 50% profit for forbitswap and 50% profit for the pool creator.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/be084a35738b41f5a020a151b960df5a.png" />g/ Select time:You can choose the start — end date of the pool. Note that the start date and time must be after your current time.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/582f227b37c14ef19786809674e3f383.png" />After filling all information, you need to click Continue.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/9d1a248903d24d6e998506f0c2bf6e39.png" />Then you need to click Confirm and Send.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/6e00cedb82574abd8a7d396ca2c916b0.png" />Well done! You successfully created a prediction market.Note: When the time of your event is up, forbitswap will check the outcome to resolve all pools.<h2 id="header-1">2/ Guide for trading in Prediction Market</h2>You can filter pools in Prediction Markets by four categories:<ul><li>All markets: this includes all markets in 3 categories below.</li><li>Active: all running markets.</li><li>Upcoming: all markets will be available for trading soon.</li><li>Finish: all ended markets.</li></ul><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/97bb208e73a5463ebe116e5440fbbb12.png" />You can choose any pool you want to participate in by clicking View prediction.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/49a017cbd0d448ea812ddd7bd42fe2b0.png" />There are 2 steps you need to know when trading in the prediction market, which are: buying and selling Yes/No token.a/ How to buy Yes/No tokens in Prediction MarketYou can choose to buy token Y or N by clicking on the corresponding button.When filling in the amount of money, there will be 4 pieces of information related to your investment, including the average price, est. shares, LP fee, and potential return.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/ac6a3fc66eb249f599a8b3a0e212f4f3.png" />After filling in the amount of money you want to buy, a confirmation table will pop up. You need to click Confirm.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/d4795b5b48e74cf4abbc51720d0c4f1a.png" />Then you need to click Confirm and Send.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/4a684ea7604f4855b75ac466e80166fe.png" />b/ How to sell Yes/No tokens in the Prediction Market:Suppose you have successfully purchased token Y and want to sell it. You need to click on the Sell section, where you can enter the number of tokens Y you want to sell.Note: the number of tokens must be less than the remaining shares.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/b9b7e7016c2746c6a78ab8098d9dcced.png" />After filling in the amount of tokens you want to sell, a confirmation table will pop up. You need to click Confirm.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/fe884ef34a9d469abac5cfc98fd60a89.png" />Then you need to click Confirm and Send.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/f0de232b59e34caa852466b66ef8d2e3.png" />c/ Fee Structure:When you participate in a pool, your buy/sell activities will be charged a market fee of 1–5% (the pool creator will decide this fee).If you’re a winner after the prediction market ended, you will be charged a 1% fee.If you find any bugs or give any feedback to us, don’t hesitate to submit it <a href="https://crew3.xyz/c/forbitswap/questboard" rel="noopener noreferrer nofollow">here</a> (Prediction Market launched testnet tab)For Updates and Discussion:<ul><li>Website: <a href="https://forbitswap.com/" rel="noopener noreferrer nofollow">https://forbitswap.com/</a></li><li>Join our <a href="https://t.me/forbitswapOfficial" rel="noopener noreferrer nofollow">Telegram</a> community</li><li>Follow our <a href="https://twitter.com/forbitswap" rel="noopener noreferrer nofollow">Twitter</a></li><li>Join our <a href="https://discord.gg/naevF7bNZh" rel="noopener noreferrer nofollow">Discord</a></li></ul>

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