Beginner’s Guide to Prediction Markets: Step-by-Step Polymarket Participation on Gate & Trending Event Recommendations

Markets
Updated: 2026-04-07 05:51

In 2026, the crypto landscape is quietly shifting. As traditional spot and futures trading enter a phase of zero-sum competition, prediction markets—with their unique event-driven logic—are emerging as the new engines attracting both user traffic and capital.

Prediction market giant Polymarket has recently experienced explosive growth. By April 7, 2026, combined trading volume on Kalshi and Polymarket reached $52.7 billion, with Polymarket contributing $24.3 billion. Monthly nominal trading volume has soared to nearly $24 billion, marking a staggering 2,838% year-over-year increase. Meanwhile, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, completed a $600 million investment in Polymarket this March, signaling a rapid surge in institutional confidence in crypto-native prediction markets.

For users eager to join this wave of "event trading," the biggest hurdle has long been the cumbersome process—separate registration for a Web3 wallet, cross-chain USDC transfers, gas fees, and more. Now, Gate has become the first to break down this barrier. As the world’s first centralized exchange (CEX) to integrate Polymarket, Gate enables users to participate in global event prediction markets with a single click, all within the familiar exchange environment.

Why Is Polymarket Worth Watching?

Polymarket is currently the world’s largest decentralized prediction market platform, allowing users to trade on the outcomes of real-world events—from geopolitical conflicts and crypto price trends to sports results and political elections. Nearly any contentious event can be found as a prediction contract on the platform.

Unlike traditional polls or analysts’ "opinions," probabilities on Polymarket are determined by real money at stake—if your prediction is correct, you profit; if not, you lose your funds. This mechanism naturally enhances the accuracy of predictions. In fact, a Federal Reserve research report has confirmed that prediction markets "significantly outperform Bloomberg consensus forecasts."

The most notable recent case involves contracts related to the Iran conflict. In February 2026, the single contract "Will the US attack Iran before February 28, 2026?" attracted $73 million, making it the largest geopolitical contract in Polymarket’s history. As of April 6, the contract "Will US troops enter Iran before April 30?" had reached a cumulative trading volume of $193 million. These figures make it clear: prediction markets have evolved from niche "geek toys" to global barometers for capital flows.

Why Participate in Polymarket on Gate?

Despite Polymarket’s rapid growth, its native usage barriers have long limited user expansion. Users must register and set up a Web3 wallet, transfer USDC (on the Polygon network) cross-chain, and more—steps that often lead to significant user drop-off, especially among the majority of CEX users.

Gate’s integration solves this pain point precisely, delivering three core advantages to its more than 51 million users:

  1. Seamless funding access. Users no longer need to manage complex seed phrases or bridge assets across chains. You can participate in prediction markets directly using USDT from your Gate account, with no extra gas fees. This brings the entry barrier for prediction markets down to the same level as spot trading.

  2. Dual trading modes. Gate innovatively offers a dual "Prediction Mode + Trading Mode" structure. Prediction Mode features a user-friendly interface that clearly displays "Yes/No" probabilities and odds, perfect for beginners. Trading Mode provides order books, candlestick charts, market depth, and limit/market orders to meet the needs of professional traders.

  3. Simplified settlement. Once an event settles, winnings are automatically converted 1:1 into stablecoins and credited to your spot account, eliminating the wait times and slippage risks of on-chain settlement. What you see is what you get.

Step-by-Step Guide: One-Click Polymarket Participation on Gate

Preparation

Ensure your Gate App is updated to version v8.12.5 or later. This is the minimum requirement to use the Polymarket integration.

Accessing the Prediction Market

Open the Gate App and locate the "Prediction Market" entry point on the homepage or trading section. This is usually prominently featured in the navigation bar. Click to access the Polymarket event list.

Selecting an Event

Once inside, you’ll see a list of popular prediction contracts covering sports, crypto, macroeconomics, political elections, and more.

As of April 7, notable trending events include:

  • "Bitcoin to reach $70,000 in April": As of April 6, this contract’s probability surged to 91%, with trading volume surpassing $6.435 million. The contract uses a "touch-and-settle" mechanism—if BTC hits the target price at any point in April, it settles as "Yes," making the threshold relatively easy to trigger.
  • "Will the US invade Iran in 2026": After Trump’s comments on social media, the probability spiked to 63%. The "US troops to enter Iran before April 30" contract has reached a cumulative trading volume of $193 million.
  • "Trump Iran ceasefire deadline": Investors estimate only a 3% chance of success, with real-time trading volume exceeding $103 million.

Other hot topics on Polymarket include "WTI crude oil to hit $120 in April" (current probability 77%) and "Another $100 million+ crypto hack before year-end" (probability 57%).

Choosing Your Trading Mode

After selecting a specific event, you can switch between "Prediction Mode" and "Trading Mode":

  • Prediction Mode: Ideal for beginners. The interface clearly displays the probabilities and odds for "Yes" and "No." Simply click your choice to place an order.
  • Trading Mode: Designed for experienced users. Offers order books, candlestick charts, and both limit and market order types, supporting more advanced strategies.

Placing and Confirming Your Order

Using Prediction Mode as an example:

  • Choose the outcome you believe will occur ("Yes" or "No")
  • Enter the amount of USDT you wish to stake
  • The system automatically displays your potential payout (if your prediction is correct)
  • Confirm the order and complete payment

The entire process closely mirrors spot trading—no on-chain operations or extra fees required.

Settlement and Automatic Payout

Once the event outcome is determined, the system automatically settles the contract. If your prediction is correct, your winnings are converted 1:1 into stablecoins and credited to your spot account—no manual action needed.

Optional: Participate via Web3 Wallet

If you prefer to maintain a decentralized experience, Gate also offers a Web3 access option. Users can participate through a decentralized wallet using USDC on the Polygon network. This dual approach provides flexibility for different user preferences.

The Future of Prediction Markets

In 2026, prediction markets are experiencing unprecedented growth. With ICE’s $600 million investment, Polymarket’s upcoming launch of its native stablecoin (Polymarket USD) in the next 2–3 weeks, and a comprehensive upgrade to the V2 trading engine, the sector is rapidly moving from the fringes to mainstream finance. A senior analyst at Messari even predicts that by 2028, Polymarket’s FDV could reach $111.2 billion in an optimistic scenario.

Conclusion

For Gate users, now is the ideal time to step into prediction markets—no need to master complex Web3 operations or pay extra gas fees. Simply use USDT in the environment you know to make your call on global events.

Of course, prediction markets carry risks. Outcomes are uncertain, and positions can result in losses, just like traditional trading. Always participate responsibly and allocate your funds according to your own risk tolerance.

The content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please note that Gate may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement
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