USDC deposits explained. Many Polygon-based prediction markets use USDC as the base asset. You deposit USDC over Polygon, then trade markets using that balance.
USDC deposits explained. Many Polygon-based prediction markets use USDC as the base asset. You deposit USDC over Polygon, then trade markets using that balance.
How USDC deposits on Polygon are used for trading outcome shares and why stablecoins are common in prediction markets.
Common pitfalls. Sending assets over the wrong chain, using unsupported bridges, or misreading contract addresses can cause losses. Double-check network selection and addresses before confirming transactions.
Stablecoins reduce volatility compared with most tokens, making it easier to price outcome shares and manage bankroll risk.
Polygon transactions are typically cheaper than many L1 transfers, so deposits and withdrawals can be more cost-effective.
Verify the network, wallet address, and token contract. Small test transfers can reduce mistakes when moving funds.
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Security checklist. Use hardware wallets when possible, enable strong account security, and be skeptical of links or unsolicited messages.