Step-by-Step Guide: How to Place Your First XPredict Trade on XT Exchange
In this guide, you’ll learn how to navigate the XPredict interface, select a prediction market, and place your first trade in under five minutes. By the end, you’ll know how to buy and sell prediction shares, manage positions, and claim rewards — all using USDT from your XT Exchange spot account.
XPredict is the prediction market trading section within XT Exchange, built on Polymarket infrastructure. No wallet setup, no gas fees, no on-chain operations — just USDT from your existing spot account.
Before You Start
- A verified XT Exchange account
- USDT in your spot account
- Access to XT Exchange via web or app
Step 1: Open XPredict
On the web: Log in to XT Exchange, hover over the Trade dropdown in the top navigation bar, and click XPredict.
On the app: Open the XT Exchange app, tap Trade in the bottom menu, then select XPredict from the list of trading sections.
You’ll land on the XPredict homepage — the prediction market discovery page.
Step 2: Choose Your Mode
XPredict offers two modes. You can switch between them at any time using the toggle at the top of the page.
| Prediction Mode | Trading Mode | |
|---|---|---|
| Best for | First-time users | Experienced traders |
| Price display | Win rate + reward multiplier (e.g., 5.74x, 17%) | Price in cents (e.g., Yes 17.4¢ / No 82.7¢) |
| Tradeable assets | Yes Token only | Yes Token + No Token |
| Order types | Market order only | Market order + Limit order |
| Buy/Sell | Buy and Sell (App: Buy only) | Buy and Sell |
Start with Prediction Mode for your first trade. It simplifies the interface by showing multipliers instead of cent-based prices and limits you to market orders on Yes Tokens — fewer decisions, faster execution. You can always switch to Trading Mode later when you want access to limit orders, No Tokens, and full order book depth.
Step 3: Browse and Select a Market
The XPredict homepage organizes markets into categories: Recommended | All | Sports | Crypto | Politics | Finance | Technology | Culture | Economy.
Use the Hot / Favorite toggle to filter by trending markets or your saved favorites. You can also use the search bar to find specific events by keyword.
Each market card shows the event question, available outcomes with current prices, and total trading volume. Click any card to open the detail page.
Understanding Market Types
Single-Market Events: One question with two outcomes (Yes / No). Example: “Will BTC reach $150K by June 30?” You buy Yes if you believe it will, or No if you believe it won’t.
Multi-Market Events: One overarching event with multiple related markets. Example: “2026 FIFA World Cup Winner” contains separate markets for each team (Brazil, Germany, Argentina, etc.). Each team market is independently tradeable with its own Yes / No outcomes.
Step 4: Read the Market Detail Page
Click a market card to open the detail page — the core trading interface.
The detail page is organized into two main areas:
Upper Area (three sections):
- Event Details (left): Shows the event title, description, resolution source, current price chart, and outcome options. In multi-market events, you can switch between sub-markets here.
- Order Book (center): Displays live buy and sell orders with price levels and quantities. This section is visible in Trading Mode only.
- Trading Panel (right): Where you place your trade. The panel changes based on your selected mode (Prediction or Trading).
Lower Area (three sections):
- Positions / Orders / History (left): Three tabs showing your current holdings, open orders, and completed trades for this market.
- Timeline (upper right): A chronological feed of key events and updates related to this market.
- Prediction Assets (lower right): Shows your Yes and No token balances for the current market.
Step 5: Place Your Trade
In Prediction Mode (Recommended for First Trade)
- Select your market from the XPredict homepage or search results.
- Choose your outcome. In Prediction Mode, you’re buying Yes Tokens for the outcome you believe will happen. If the event has multiple outcomes (e.g., multiple teams), select the one you want to back.
- Enter your amount in USDT. The panel will display:
- Estimated Multiplier: Your potential return (e.g., 5.74x means $10 could return $57.40)
- Estimated Fee: 3.5% of your trade amount (Polymarket fee)
- Total Cost: Amount + Fee
- Win to Earn: Your total payout if the outcome resolves in your favor
- Confirm your trade by clicking the Buy Yes button. Your USDT will be deducted from your spot account and you’ll receive Yes Tokens.
Note: In Prediction Mode on the app, only buying is available. To sell, switch to Trading Mode or use the web version.
In Trading Mode (For Experienced Traders)
- Select your market and outcome from the detail page.
- Choose Buy or Sell. Buy to open a new position; Sell to close an existing one.
- Select Yes or No. In Trading Mode, you can trade both sides. Prices are displayed in cents (e.g., Yes 17.4¢ / No 82.7¢). The two prices always add up to approximately 100¢.
- Choose your order type: Market (execute immediately at best available price) or Limit (set your price and wait for a match).
- Review the details: Check the estimated cost, fee, and potential payout before confirming.
- Confirm by clicking the Buy Yes, Buy No, Sell Yes, or Sell No button.
Limit Order Options
When placing a limit order in Trading Mode, you can choose how long your order stays active:
| Type | Behavior |
|---|---|
| GTC (Good Till Canceled) | Stays open until filled or you cancel it |
| IOC (Immediate or Cancel) | Fills immediately; any unfilled portion is auto-canceled |
| Custom Time | You set the expiration time |
You can cancel any open limit order from the Orders tab on the detail page or from the main Positions page.
Unfilled limit orders do not lock your USDT — funds are only deducted when the order is matched and executed.
Slippage Control
For market orders, XPredict applies a default slippage tolerance to protect you from sudden price movements. If the price moves beyond this tolerance before your order executes, the order will not be filled. You can adjust the slippage tolerance in the trading panel settings.
Step 6: Monitor and Manage Positions
The lower section of the detail page (and the main XPredict Positions page) gives you three tabs to track everything:
- Positions: Your current open positions across all markets
- Orders: Your pending limit orders
- History: Your completed trades and settled positions
| Column | What It Shows |
|---|---|
| Event | The market name |
| Market | The specific outcome |
| Result | Your position direction — Yes or No |
| Principal | USDT you spent |
| Win to Earn | Your payout if outcome resolves in your favor |
| Current Value | What your shares are worth right now |
| PNL | Profit/Loss — green = profit, red = loss |
| Execute | Sell button to exit early |
Timeline
- Market Open: The market becomes available for trading. You can buy and sell shares.
- Market Closed: Trading is halted. No new orders can be placed. The market awaits its final result.
- Market Settled: The outcome is confirmed and rewards are distributed to holders of the winning shares.
Selling Early
- Go to the Positions tab.
- Find the position you want to exit.
- Click the Sell button.
- Confirm the sale amount and execute.
You can sell your shares at any time while the market is in Ongoing status. If the current market price is higher than your purchase price, you’ll lock in a profit. If it’s lower, you’ll take a loss — but you avoid the risk of the outcome resolving against you entirely.
Step 7: Settlement and Claiming Rewards
When a market reaches its resolution date, XPredict settles the outcome based on verified results from Polymarket.
If your prediction is correct: Each of your winning shares pays out 100¢ ($1.00). Your reward = (Number of shares × $1.00) minus your original cost.
If your prediction is incorrect: Your shares are worth 0¢. You lose the USDT you spent to purchase them.
After settlement, go to the History tab and click Claim to collect your rewards. Rewards must be claimed within 24 hours. If not claimed manually, they will be automatically distributed to your spot account after the 24-hour window.
Abnormal Market Scenarios
| Scenario | What Happens |
|---|---|
| Market delayed/postponed | XPredict waits for the final result. The market remains open or is paused until the outcome is determined. |
| Market canceled | Settlement follows predefined rules. Typically, shares are redeemed at their last traded price or at a fixed value determined by the platform. |
| Result dispute | Resolved through UMA voting arbitration. UMA token holders vote on the correct outcome, and settlement follows the vote result. |
Quick Reference
| Detail | Value |
|---|---|
| Trading currency | USDT (from spot account) |
| Share pricing | Cents (e.g., 17.4¢ = 17.4% implied probability) |
| Winning payout | 100¢ per share ($1.00) |
| Losing payout | 0¢ per share ($0.00) |
| Trading fee | 3.5% (Polymarket fee — XPredict itself charges no fees) |
| Gas fees | None |
| On-chain operations | None |
| Order types | Market (both modes) + Limit (Trading Mode only) |
| Limit order validity | GTC, IOC, or Custom Time |
| Early exit | Yes — sell shares anytime while market is Ongoing |
| Settlement | Based on Polymarket verified results |
| Reward claiming | Manual within 24h, or auto-distributed after |
Market Status Reference
| Status | Meaning |
|---|---|
| Ongoing | Market is open — you can buy and sell |
| Closed | Trading stopped — awaiting final result |
| Settled | Settlement complete — rewards distributed |
| Canceled | Market canceled — predefined settlement rules apply |
Five Tips for Your First Trade
- Start small. Use a small amount of USDT for your first trade to get comfortable with the interface and mechanics before committing more capital.
- Use Prediction Mode first. The simplified interface removes complexity so you can focus on understanding how prediction markets work.
- Read the market description carefully. Pay attention to the resolution source and criteria. Knowing exactly how the outcome will be determined helps you make more informed trades.
- Watch the multiplier, not just the percentage. A 5x multiplier on a 20% probability event means high potential reward but also high risk. Balance potential return against likelihood.
- Don’t forget you can sell early. You’re not locked in until settlement. If the market moves in your favor, you can take profits before the event concludes.
Frequently Asked Questions
Do I need a crypto wallet to use XPredict?
No. XPredict uses USDT directly from your XT Exchange spot account. There’s no wallet connection, no gas fees, and no on-chain transactions required.
What happens if I don’t claim my rewards within 24 hours?
Rewards are automatically distributed to your spot account after the 24-hour manual claim window expires. You won’t lose your winnings.
Can I trade on both sides of a market?
In Trading Mode, yes — you can buy and sell both Yes and No tokens. In Prediction Mode, you can only buy Yes tokens (and sell them).
Is there a minimum trade amount?
The minimum trade amount is determined by the market’s liquidity and share price. Generally, you can start with as little as 1 USDT.
How are XPredict markets resolved?
Markets are resolved based on verified outcomes from Polymarket’s oracle system. For disputed results, UMA’s decentralized voting mechanism is used as the final arbitration layer.
Can I cancel a market order after placing it?
Market orders execute immediately and cannot be canceled. Limit orders can be canceled anytime before they are filled, from the Orders tab.
About XT Exchange
Founded in 2018, XT Exchange is a leading global digital asset trading platform, serving over 12 million registered users across more than 200 countries and regions, with an ecosystem reach exceeding 40 million. XT Exchange supports 1,300+ tokens and 1,300+ trading pairs, offering a wide range of trading options, including spot, margin, and futures, alongside a secure RWA (Real World Assets) marketplace. Guided by the vision “Xplore Crypto, Trade with Trust,” the platform strives to provide a secure, trusted, and intuitive trading experience.
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Disclaimer: Prediction markets involve risk. Market availability may vary by region. Users should trade responsibly and only participate after understanding the rules, fees, risks, and settlement process for each market.
