Draft — pending legal review
Risk Disclosure
What can go wrong when you trade prediction markets.
This text is a draft. It has not been reviewed by a lawyer and is not final.
Read this before you trade. It is short on purpose.
You can lose everything
A share in a prediction market pays $1 if the outcome happens and $0 if it does not. If you are wrong, the money you put into that market is gone. Only trade money you can afford to lose.
Prices move fast
Prices can change in seconds on news. The price you see may not be the price you get. Slippage settings limit this for market orders, and when the price moves past your limit the order is not filled.
Some markets are thin
Where few people trade, you may not be able to buy or sell at a reasonable price, or at all. You may have to hold a position until the market ends.
Limit orders may never fill
A limit order waits for someone to trade at your price. That may never happen.
Markets can resolve in ways you did not expect
Every market has rules that decide its result. The result follows those rules, not what seems obvious. Read the rules on the market's Polymarket page before you trade.
Copy trading does not remove risk
A trader's past results say nothing about the next trade. Your price can differ from theirs, and copied trades can lose money.
Technology can fail
Smart contracts, blockchains, bridges, wallet providers, Telegram, Polymarket and PolyGo itself can have faults or be unavailable. An order may be delayed, rejected or not confirmed.
Your wallet is your responsibility
PolyGo cannot withdraw your funds, and it also cannot recover them. If you send funds to a wrong address or on a wrong network, or if someone gets your private key or your Telegram account, the loss may be permanent.
Rules differ by place
Prediction markets are restricted in some places. Availability depends on your location. You are responsible for following the laws that apply to you.
Not advice
Nothing in the bot, the Mini App or this site is investment, legal or tax advice.