A Must See for Market Traders: BiFu Web Version Operating Manual

Prediction markets are one of the most exciting financial platforms today. They let traders buy and sell contracts based on verifiable future events — from sports outcomes and elections to entertainment results. Market prices reflect the crowd’s collective probability estimate, creating a transparent “wisdom of the crowd” mechanism.

What Are Prediction Markets?

Prediction markets are trading platforms where participants buy event contracts tied to real-world outcomes.

• The price of a contract (e.g., $0.65) represents the market’s estimated probability (65%) of the event happening.

• Once the outcome is verified, the platform automatically settles contracts: YES wins if the event occurs; NO wins otherwise.

• Advantages: High transparency, 24/7 trading, and the ability to profit from superior information or analysis.

BiFu Prediction Markets only accept USDC. Here’s how to get started.

Step 1: Prepare USDC Funds (Two Easy Methods)

1. Buy USDC on the Spot Market Search for the USDC/USDT trading pair and purchase USDC with your USDT. Ideal if you already hold other assets.

2. Deposit USDC Directly from a Wallet Transfer USDC from your on-chain wallet to your BiFu account (choose the correct network, typically ERC-20 or supported chains).

After funding: Go to the Transfer page and move USDC from your Funding Account to your Prediction Market Account. This is required before you can trade.

Step 2: Enter the Prediction Market

1. Click “Prediction Market” in the top navigation bar on BiFu Web.

2. Browse categories (Sports, Politics, Entertainment, etc.) and select the specific event you want to trade.

3. Review current YES/NO prices, market depth, and event details.

Step 3: Place Your YES or NO Order

• Choose YES (you believe the event will happen) or NO (you believe it won’t).

• Example: Betting a team will win → Buy YES contracts.

• Enter the amount and select Market Order (instant execution) or Limit Order (at your specified price).

• Switch between order types easily by clicking “View Full Market Data”.

You can sell your contracts anytime to lock in profits based on price movements, or hold until the event resolves for automatic settlement.

Step 4: Check Your Order History and Positions

• Click the Order Center (top right) → Prediction Market Orders.

• View all your historical trades, entry prices, and current positions in one place.

• Great for tracking performance and refining your strategy.

Step 5: Withdraw Funds

• After selling contracts or automatic settlement, funds remain in your Prediction Market Account.

• Use the Transfer function to move USDC back to your Funding Account or other accounts for withdrawal.

Pro Trading Tips for Better Results

• Risk Management: Diversify across events and never risk more than 1-2% of your capital per trade.

• Research Edge: Combine news, data, and independent analysis to find mispriced probabilities.

• Liquidity: Focus on popular, high-volume events for tighter spreads and easier exits.

• Start Small: Beginners should practice with small amounts to master the interface.

• BiFu uses verifiable outcomes, making the platform fair and manipulation-resistant.

Frequently Asked Questions (FAQ)

• Do I need KYC? Registration is usually quick — check the official site for current requirements.

• Mobile Support? Web version works best on desktop browsers for full functionality.

• Fees? Competitive and transparent — always review the latest fee schedule.

• Settlement Time? Fast automatic settlement once results are confirmed.