Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Download the Bitget app and trade anytime, anywhere. Download now >> New users are eligible for a welcome gift worth 6200 USDT. Claim now >>
Polymarket (POLM) converter and calculator

Polymarket (POLM) converter and calculator

Convert 1Polymarket (POLM) to United States Dollar (USD) equals $0 | Bitget
POLM
POLM
USD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides POLM to USD real-time exchange rates, making it easy to convert Polymarket (POLM) to United States Dollar (USD). The conversion result is based on real-time data. The conversion result shows that 1 POLM is currently valued at 0 USD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 POLM is currently valued at 0 USD, which means buying 5 POLM would cost 0 USD. Similarly, $1 USD can be converted to Infinity POLM, and $50 USD can be converted to Infinity POLM, excluding any platform or gas fees.

About Polymarket (POLM)

What Is Polymarket?

Polymarket is the world's largest decentralized prediction market platform. It allows users to speculate on real-world events using cryptocurrency. Built on the Ethereum and Polygon blockchain networks, Polymarket provides a transparent, secure platform where users can buy and sell shares that represent the probability of a particular outcome. Polymarket covers a wide range of events, from political elections to sports outcomes and economic forecasts.

The key feature of Polymarket is its use of blockchain technology to ensure transparency and immutability in all transactions. By using stablecoins like USDC for trading, the platform minimizes volatility in transaction values, providing more stability than other cryptocurrency-based platforms. Polymarket’s decentralized nature allows anyone to participate in the prediction markets, making it accessible to users globally.

Who Founded Polymarket?

Polymarket was founded by Shayne Coplan in 2020. Coplan, a young entrepreneur, launched Polymarket to revolutionize prediction markets by leveraging blockchain technology. Under his leadership, Polymarket quickly grew to become the largest decentralized prediction market in the world, securing major investments from prominent figures in the cryptocurrency and venture capital sectors.

Polymarket has raised significant funding across multiple rounds, with backing from venture capital firms like Peter Thiel’s Founders Fund and contributions from high-profile investors such as Ethereum co-founder Vitalik Buterin. Despite facing regulatory challenges, the platform has continued to thrive and expand, especially during globally significant events like the U.S. Presidential elections.

How Polymarket Works

Polymarket operates on a simple principle: users bet on the outcomes of future events by purchasing shares that represent the market’s view of the probability of that outcome. Shares are priced between $0.00 and $1.00, with the price reflecting the event's likelihood. For instance, if the price of a "Yes" share for an election result is $0.72, it means the market assigns a 72% chance to that outcome. If the event resolves in favor of the chosen outcome, each share becomes worth $1.00, providing a profit for the correct prediction. Conversely, incorrect predictions result in the shares becoming worthless.

Polymarket offers different types of prediction markets, including:

  • Binary Markets: Simple yes/no outcomes, such as “Will Candidate X win the election?”

  • Categorical Markets: Multiple outcomes, such as “Which team will win the championship?”

  • Scalar Markets: Markets based on ranges, like “Will the stock price exceed $100 by the end of the year?”

How to Get Started with Polymarket

  1. Sign Up: Create an account using your email or a supported crypto wallet. Ensure you're connected to the Polygon network.

  2. Deposit Funds: Buy USDC on a major exchange and deposit it into your Polymarket account. You can also use a credit card for deposits.

  3. Choose a Market: Explore available markets and select an event to bet on.

  4. Place a Bet: Buy shares based on your prediction of the outcome. You can sell these shares anytime before the market closes.

  5. Withdraw: Cash out your USDC by withdrawing it to your crypto wallet.

This quick process enables new users to start trading and participating in prediction markets easily on Polymarket.




Polymarket to USD conversion rate trend

The price of Polymarket has not been updated or has stopped updating. Information on this page is for reference only.

Start by learning the basics of Polymarket: What is Polymarket and how does Polymarket work?

You can also check other cryptocurrency converters, such as BTC to USD and ETH to USD.

Bitcoin conversion tables

BTC to USD

Amount
04/05/2025 03:13 today
0.5 BTC
$48,028.22
1 BTC
$96,056.45
5 BTC
$480,282.25
10 BTC
$960,564.5
50 BTC
$4,802,822.5
100 BTC
$9,605,645
500 BTC
$48,028,225
1000 BTC
$96,056,450

USD to BTC

Amount04/05/2025 03:13 today
0.5USD0.{5}5205  BTC
1USD0.{4}1041  BTC
5USD0.{4}5205  BTC
10USD0.0001041  BTC
50USD0.0005205  BTC
100USD0.001041  BTC
500USD0.005205  BTC
1000USD0.01041  BTC

Ethereum conversion tables

ETH to USD

Amount
04/05/2025 03:13 today
0.5 ETH
$919.02
1 ETH
$1,838.03
5 ETH
$9,190.15
10 ETH
$18,380.31
50 ETH
$91,901.54
100 ETH
$183,803.08
500 ETH
$919,015.4
1000 ETH
$1,838,030.8

USD to ETH

Amount04/05/2025 03:13 today
0.5USD0.0002720  ETH
1USD0.0005441  ETH
5USD0.002720  ETH
10USD0.005441  ETH
50USD0.02720  ETH
100USD0.05441  ETH
500USD0.2720  ETH
1000USD0.5441  ETH
Bitget pre-market
Buy or sell coins before they are listed, including SCR, MAJOR, OGC, EIGEN, and more.
Trade now
Bitget Launchpool
Stake to earn promising new coins, including WAT, and more.
Stake now!

Bitget Earn

A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin

APR

Action

Bitget

The safest and fastest asset trading platform

register Image

No matter where you are, you can quickly buy and stake crypto assets.

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.