On PolySouq, deposits and withdrawals run on USDC via the Polygon network — on-chain transactions typically confirm within seconds, but withdrawals are not instant (small ones can be sent automatically, larger ones are reviewed first), with very low network fees, and none of the hassle of traditional bank transfers.
Traditional bank transfers can take days and pass through multiple intermediaries. Deposits and withdrawals via USDC on Polygon happen directly on-chain with no banking intermediary, meaning much faster confirmation and much lower fees.
After a market you are in settles, request a withdrawal in USDC to a Polygon address you provide. The minimum is $5, daily withdrawal limits apply, and a verified email is required. Small withdrawals can be sent automatically while larger ones go through a review queue first, so they are not instant.
Unlike traditional betting markets, trading prediction markets (forecast markets) on PolySouq is a legitimate and halal activity: no leverage, no interest, and the price is set transparently by traders themselves through a parimutuel pool system.
Usually just seconds — as soon as the USDC transaction confirms on the Polygon network.
You can request a withdrawal after your market settles. Small withdrawals can be sent automatically, while larger ones are reviewed first, so it is not instant. The minimum is $5, daily withdrawal limits apply, and a verified email is required.
Polygon network fees are very low compared to traditional bank transfers or other blockchain networks.
Yes — no leverage, no interest, and the price is set transparently by traders themselves.
Disclaimer: Prediction markets are a legal and legitimate way to trade information about the outcomes of future events. However, trading carries risk and you may lose the full amount you trade — so only trade what you can afford to lose. This content is educational and is not financial or investment advice.