Editing Polymarket

Polymarket can be used to make money and to hedge against possible risks. 

== Trading / betting ==
The default deposit method costs ~13 basis points or 0.13%. You can avoid this fee by:

* Deposit with card: For beginners, this offers the smoothest experience. You don't even need a crypto wallet to do it.
* Getting USDC on the Polygon PoS chain yourself and using the "deposit crypto" option. ~10 basis points plus possible bridge fee
* Getting USDC on the Polygon PoS chain yourself and swapping for USDC.E yourself. ~5 basis points plus possible swap and/or bridge fee
* For advanced users: The default deposit dialog is an accouintless centralized exchange that enforces OFAC sanctions. Any method to send USDC.E to a Polygon PoS wallet will work. Note that different L2s have different "USDC.E" tokens, and it needs to be USDC.E wrapped by the official Polygon bridge- not USDC issued natively by Circle.

Always test with small amounts when trying a new method first.

== Hedging / insuring ==
Polymarket tends to have a bias towards things happening, so it tends to offer poor (but still sometimes useful) prices for insurance.<ref>https://news.polymarket.com/p/286-to-1m-from-reversing-stupidity</ref> However, it can offer a potentially useful venue to create [https://www.simplify.us/simplify101/what-is-convexity convex portfolios].