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What do I need to get started on SI Predict

Getting started is simple. Here’s a quick checklist:

  1. Sign Up: Visit the SI Predict website (or app) and create an account. You’ll be guided through setting up a secure digital wallet (if you don’t have one already) to hold your USDC funds and prediction shares.
  2. Verify Your Identity: If using fiat payments, you’ll complete the one-time KYC (Know Your Customer) process via MoonPay by providing a valid ID and any other required information. This step is mandatory to comply with regulations and prevent fraud.
  3. Fund Your Wallet: Add funds using MoonPay’s fiat on-ramp. You can use a debit/credit card or bank transfer to purchase USDC, which will be deposited directly into your SI Predict wallet. (If you already have USDC in an external crypto wallet, you may also transfer it into SI Predict’s network – see KYC & Custody for details.)
  4. Pick a Market: Browse the available markets and select one that interests you. Markets are categorized (Sports, Politics, Entertainment, etc.) and each will have a description and the current price for “Yes” and “No” shares.
  5. Place Your Trade: Choose your outcome (Yes or No) and enter the amount you want to stake (in USDC). The interface will show how many shares you’ll get and the potential payout. Confirm the trade to execute it. Your shares will appear in your portfolio instantly.
  6. Watch and Manage: Once your trade is placed, you can watch the market as it updates in real time. You have the flexibility to sell your shares before the event concludes if you change your mind or want to secure profit. Otherwise, hold your position and wait for the market to resolve.
  7. Collect Results: After the event, the market will resolve (usually shortly after the outcome is known). If you held shares in the correct outcome, you can redeem each share for $1 in USDC (profits will reflect in your wallet balance automatically in most cases). If you held the incorrect side, those shares expire worth $0. You’re then free to withdraw your winnings or reinvest in other markets as you like.

That’s it – Sign up, verify, fund, and start trading. The platform is built to make this process as smooth as possible, guiding new users step by step.