How to place your first trade on YesNo.fans
By YesNo.fans editorial team · Updated
Your first trade takes a few minutes. Spend most of that time on the market rules and the quote, not on the button.
1. Create an account and fund your balance
Register, then add USDT to your platform balance by following the instructions in the deposit screen. Your balance is what you trade with, so deposit only an amount you are comfortable risking.
2. Pick a market you understand
Browse the live categories and open a market whose subject you can judge. Familiarity with the topic is the only edge a new trader has.
3. Read the rules before the price
Open the resolution rules and find the deadline, the timezone, and the source that decides the outcome. If any of these is unclear, skip the market.
- The canonical English text is the binding version.
- Check what happens if the event is delayed or cancelled.
4. Choose YES or NO and enter an amount
Pick the side you think is underpriced and enter how much USDT you want to spend. Start small: a first trade is for learning how quotes and settlement behave.
5. Review the quote, then confirm
The quote shows the estimated shares, the price, the fees, and the total you will spend. If the numbers differ from what you expected, change the amount or cancel.
6. Follow the position
Open positions appear in your portfolio. You can sell while the market is open, or wait for settlement after the outcome is verified.