this post was submitted on 10 Jul 2026
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[–] NateNate60@lemmy.world 2 points 1 day ago (1 children)

You can bet with crypto on there so you don't have to actually give them your information because you can just use an anonymous crypto wallet. It used to be a lot better before it was commercialised. In the past, all the markets were fee-free, and it was just your typical degenerate crypto gambling site. Now they've started charging fees on most of the markets, and they advertise everywhere so it sucks. Now they're a for-profit enterprise or something and act exactly like any other scummy casino operator.

But the payouts are done algorithmically on the blockchain so you can be sure that winning bets are indeed actually paid.

[–] Ilovethebomb@sh.itjust.works 2 points 1 day ago (1 children)

Now I need to work out how to use a crypto wallet. Or just use my actual name.

[–] NateNate60@lemmy.world 10 points 1 day ago

You can use the Metamask browser extension. Polymarket runs on a token called USDC, which you can buy from Coinbase for US$1 a pop with no fee (and also sell it back for $1 for no fee).

I used to use Polymarket a lot because it was previously filled with crypto bros and MAGA idiots who would vastly overvalue stupid bets (like "Will Canada join the USA") and provide easy money. But I haven't used it for a while, so I don't know if that's the case any more.