Getting Started
Connect Your Wallet
Connect your crypto wallet or create a new one through the platform. Kuest supports multiple wallet options.
Add Funds
Deposit funds using crypto, credit card, or bank transfer. USDC is the primary trading currency.
Choose a Market
Browse markets and select one you want to trade on. Review the market rules and resolution criteria.
How to Place Orders
Selecting an Outcome
For binary markets, choose between two options:- Yes: You believe the event will happen
- No: You believe the event will not happen
Order Panel
The order panel displays:- Outcome Selection: Toggle between Yes and No
- Order Type: Choose between Market or Limit order
- Amount: Enter the number of shares or USD value
- Price: See the price per share
- Estimated PnL: Potential profit if you win
- Fees: Trading fees applied to the order
Setting Your Trade Size
You can specify your trade size in two ways: By SharesOrder Types
Market Orders
Market orders execute immediately at the best available price:- Fast execution: Completes instantly
- Price impact: May get filled at multiple prices
- Best for: Liquid markets where you want immediate execution
Limit Orders
Limit orders execute only at your specified price or better:- Price control: You set the maximum/minimum price
- May not fill: Order waits until your price is available
- Best for: Getting a specific price or improving the market
- Minimum: 100 shares required for limit orders
Order Book Trading
The order book shows all open limit orders:- Bid side: Buy orders (green)
- Ask side: Sell orders (red)
- Click a level: Auto-fills your order at that price
- Depth: Shows total shares at each price
- See available liquidity
- Place limit orders at strategic prices
- Fill existing orders for instant execution
Understanding Prices and Probabilities
Price as Probability
Share prices represent the market’s probability assessment:- $0.60 Yes share = 60% probability the event happens
- $0.40 No share = 40% probability the event doesn’t happen
- Yes + No prices always equal $1.00
Price Movement
Prices change based on trading activity:- More Yes buyers → Yes price increases
- More No buyers → No price increases (Yes decreases)
- Prices update in real-time with each trade
Reading the Chart
The price chart shows historical probability:- Y-axis: Price (probability)
- X-axis: Time
- Green trend: Yes probability increasing
- Red trend: No probability increasing
- Volume bars: Trading activity over time
Order Execution
Confirming Orders
Before execution, review:- Outcome (Yes or No)
- Number of shares
- Price per share
- Total cost including fees
- Potential profit if you win
Transaction Signing
Orders require blockchain transactions:- Review the transaction in your wallet
- Confirm to submit the order
- Wait for blockchain confirmation
- Order appears in your open orders or positions
First-time trading may require additional approval transactions to enable token spending.
Order Status
Track your order status:- Pending: Waiting for blockchain confirmation
- Open: Limit order waiting to be filled
- Filled: Order successfully executed
- Partially Filled: Limit order partially executed
- Cancelled: Order was cancelled
PnL Tracking
Understanding Profit and Loss
Your potential profit depends on:- Entry price: What you paid per share
- Current price: What the share is worth now
- Outcome: Whether your prediction is correct
PnL Calculation
If You Win:Selling Before Resolution
You can sell your shares before the market resolves:- Lock in profits if price moved in your favor
- Cut losses if price moved against you
- Exit positions without waiting for resolution
Unrealized vs Realized PnL
Unrealized PnL: Profit/loss on open positions- Changes with market price
- Not locked in until you sell
- Shown in your portfolio
- Locked in from sales or redemptions
- Added to your trading history
- Included in leaderboard rankings
Trading Strategies
Quick Flip Trading
Buy low, sell high before resolution:- Identify mispriced markets
- Take a position
- Sell when price moves in your favor
- Repeat
Event-Based Trading
Trade around news and events:- Buy before positive news
- Sell before negative news
- React quickly to breaking information
Hold Until Resolution
Buy and hold for maximum profit:- Identify high-confidence predictions
- Buy shares and hold
- Redeem for full $1.00 if you win
- Accept total loss if you’re wrong
Dollar-Cost Averaging
Spread entries over time:- Buy shares gradually
- Average out price volatility
- Reduce timing risk
- Build positions steadily
Trading Fees
Fees apply to all trades:- Trading fee: Percentage of trade value
- Network fees: Blockchain gas costs
- Affiliate fees: If you used a referral link
Trading Best Practices
Research Before Trading
- Read market rules carefully
- Understand resolution criteria
- Check the resolution source
- Review market comments and analysis
Manage Risk
- Start with small positions
- Don’t risk more than you can afford to lose
- Diversify across multiple markets
- Set mental stop-losses
Use Limit Orders
- Better price control
- Less slippage on large orders
- Improve market liquidity
- Can get filled at better prices
Monitor Your Positions
- Check your portfolio regularly
- Set price alerts for key levels
- Be ready to exit if needed
- Track your performance
Mobile Trading
Trade on the go:- Full trading functionality on mobile
- Order panel slides up from bottom
- Swipe between Yes and No
- Quick access to portfolio and orders
Related Resources
Markets
Learn about market types
Portfolio
Track your positions