Making Your First Trade

This page walks you through everything from creating your account to placing your first trade on Hype Market. The whole process takes a few minutes — no crypto wallet required.

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Before You Start

You'll need:

• A Google, Twitter, or email account (or a crypto wallet, if you prefer)

• Funds to deposit into your Hype Market account balance

That's it. Hype Market is built for Web2 and Web3 users alike. You don't need a crypto wallet to sign up or trade.

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Step 1: Sign In

Click Log In in the top-right corner. Hype Market uses Privy for authentication, which gives you a unified Log in modal with four options:

• Google — log in with your Google account

• Email — log in with any email address

• Twitter — log in with your X/Twitter account

• Continue with a wallet — log in using a crypto wallet (MetaMask, etc.)

Pick whichever you prefer. All four options create the same Hype Market account with full access to the platform.

⚠️ Important: If you choose "Continue with a wallet," the linked wallet is used for login only. Hype Market does not have access to funds in your connected wallet. To trade, you must deposit funds into your Hype Market account balance separately (see Step 2).

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Step 2: Deposit Funds

Once signed in, go to the Funds section and deposit into your Hype Market account balance. You can deposit:

• Stablecoins: USDC, USDT

• Yield-bearing stablecoins: USDY, USDe, GLP, gUSDC (these continue earning passive yield while deposited)

• MOVE or other supported tokens

Your balance will appear in the interface once the deposit confirms (typically a few seconds on Movement).

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Step 3: Browse Markets

Head to the Markets page. You'll see active markets organized by category — crypto, sports, politics, culture, and more.

Each market listing shows:

• The question being asked

• Current share prices (YES and NO, reflecting the crowd's estimated probability)

• Volume traded so far

• Resolution date and oracle source

• Boost badge if the market earns 2x HMark Points (see Boosted Markets)

Use filters and search to find markets you're interested in. Click into any market for more detail — the full question, resolution criteria, and trading interface.

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Step 4: Pick Your Side

Let's say you've found this market:

"Will ETH exceed $5,000 by June 30, 2026?"

YES: $0.40 — NO: $0.60

The market is pricing a roughly 40% chance that ETH exceeds $5,000 by that date. If you think the real probability is higher than 40%, buying YES is a good trade. If you think it's lower, buying NO is.

Select YES or NO to open the trade panel.

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Step 5: Choose Your Size

You have three ways to set your trade size:

Quick Presets

Tap a preset button: $5 / $10 / $50 / $100 / Max (or a percentage of your account balance). Fast and simple.

Conviction Presets

Choose Light, Medium, or Max conviction. These map to different trade sizes with visual intensity cues. They settle as normal trades — the labels are just a UX shortcut to help you size quickly.

Pro Mode

Toggle to Pro mode for manual input if you want exact control over your position size.

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Step 6: Review and Confirm

Before you confirm, the trade panel shows:

Field	What It Means
Position	YES or NO
Shares	Number of shares you're buying
Cost	Total amount you'll pay
Avg. Price	Price per share
Potential Payout	What your shares are worth if you're right ($1 per share)
Protocol Fee	1% of trade value
Creator Fee	0–2%, set by the market creator (shown if applicable)
Est. HMark Points	Points you'll earn from this trade

Review these details, then hit Confirm. The transaction confirms in about one second on Movement, and your new position appears in your portfolio.

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Step 7: Manage Your Position

After buying, you have three options:

Hold

Wait for the market to resolve. If your side wins, each share is redeemable for $1.00.

Sell Early

You can sell your shares at any time before resolution at the current market price. This lets you take profit or cut losses without waiting.

Buy More

If your conviction strengthens (or if the price moves to a level you find attractive), you can add to your position.

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Step 8: Redeem After Resolution

When a market resolves:

• If you hold winning shares, you can redeem them for $1.00 each

• If you hold losing shares, they're worth $0.00

Redemptions are credited to your Hype Market account balance. From there, you can trade in other markets or withdraw.

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A Worked Example

You think ETH will exceed $5,000 by June 30, 2026. Here's your trade:

1. You buy 200 YES shares at $0.40 each

2. Your cost: 200 × $0.40 = $80

3. Protocol fee (1%): $0.80

4. Creator fee (let's say 2%): $1.60

5. Total cost: $82.40

6. HMark Points earned: 80 HP (1 HP per $1 of traded volume)

If ETH exceeds $5,000: Your 200 shares are worth 200 × $1.00 = $200. Profit: $117.60.

If ETH doesn't exceed $5,000: Your shares are worth $0. Loss: $82.40.

If you sell early: Say YES has moved to $0.70 a few weeks later. You sell 200 shares at $0.70 = $140. Gross profit: $57.60. Protocol fee on sell (1%): $1.40. Net profit: $56.20.

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Tips for New Traders

• Start small. Get comfortable with how the interface works before putting serious capital to work. A few $5–$20 trades will teach you more than reading docs.

• Read the resolution criteria. Before buying, check exactly how the market resolves. "Will BTC hit $200K?" means different things depending on the data sources the AI Resolver will query and the exact timestamp.

• Watch for Boosted markets. Markets with the Boost badge earn 2x HMark Points. Same fee, double the reward — look for these when browsing.

• Don't forget you can sell. You're never locked in. If your view changes or you want to take profit, sell your shares on the open market.

• Check fees before confirming. The 1% protocol fee is standard, but creator fees vary from 0% to 5%. The total is always shown in the trade panel.

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FAQ

What's the minimum trade size?

The minimum trade size is $1 per buy transaction.

Can I trade on mobile?

Yes — the web interface is mobile-responsive. A native mobile app is on the roadmap for later in 2026.

What happens if I forget about a position?

After a market resolves, your winning shares remain redeemable. They don't expire. Losing shares simply become worthless — no action needed.

Do I earn HMark Points on every trade?

Yes. You earn 1 HMark Point per $1 of traded volume. If the market is Boosted, you earn 2x. See How to Earn HMark Points.

How do I withdraw my funds?

Go to the Funds section and select Withdraw. You can withdraw to an external wallet on Movement. From there, you can bridge to Ethereum or other chains if needed.