Question 1

How do prediction markets work?

Accepted Answer

Each market is a YES/NO question. Buying YES shares profits if the event happens; NO shares profit if it doesn't. Prices sit between 1¢ and 99¢ and act like the implied probability of the outcome.

Question 2

What are credits?

Accepted Answer

Credits are the wallet unit used to place bets. 1 credit equals $1. You can top up, transfer credits, view every ledger entry, and withdraw eligible balances after payout verification.

Question 3

Can I sell before a market resolves?

Accepted Answer

Yes. Open a position from your portfolio and tap Sell to close it at the current market price — locking in profit or cutting a loss early.

Question 4

How are markets resolved?

Accepted Answer

Every market lists a resolution rule and sources. When the event concludes, AI acts as the final judge, settles the market to YES or NO, and winning shares pay out automatically to wallets.

Question 5

What fees does Predikt charge?

Accepted Answer

Predikt takes a small house fee on net winnings (shown on the Fees page). There is no fee to place a bet or to top up credits.

Question 6

What are Turbo markets?

Accepted Answer

Turbo markets are ultra-short crypto price bets — will BTC, ETH or SOL be up or down over the next 1, 5, 10 minutes or an hour? They settle automatically against live exchange prices.

Question 7

Can I withdraw credits?

Accepted Answer

Yes. Eligible wallet balances can be withdrawn after bank and identity verification, subject to the minimum withdrawal amount, availability, and applicable rules in your location. You must be 18+ to use Predikt.