> ## Documentation Index
> Fetch the complete documentation index at: https://docs.frenflow.com/llms.txt
> Use this file to discover all available pages before exploring further.

# How Trading Works on FrenFlow

> Learn how prediction market trading works on FrenFlow. Buy and sell shares on Polymarket and Kalshi through a unified interface.

## <span style={{color: "#baf820"}}>Trading on FrenFlow</span>

FrenFlow lets you trade on prediction markets from Polymarket and Kalshi through a single, unified interface. Buy and sell shares based on your predictions about real-world events — from elections to crypto prices.

<Frame>
  <img src="https://mintcdn.com/frenflow/yitYImfdH5WVXd-R/images/trading.png?fit=max&auto=format&n=yitYImfdH5WVXd-R&q=85&s=f933428b70e87555ff52f97b5cf35936" alt="FrenFlow Trading" width="1047" height="734" data-path="images/trading.png" />
</Frame>

## <span style={{color: "#baf820"}}>How It Works</span>

Prediction markets work like stocks, but instead of companies, you trade on **outcomes**. Each market has two sides:

| Side    | Meaning                     | Example                              |
| ------- | --------------------------- | ------------------------------------ |
| **Yes** | You think this will happen  | "BTC above \$100K?" → Buy Yes at 72¢ |
| **No**  | You think this won't happen | "BTC above \$100K?" → Buy No at 28¢  |

Prices range from **1¢ to 99¢** and represent the market's implied probability. If you buy Yes at 72¢ and the outcome happens, you receive **\$1.00 per share** — a profit of 28¢ per share.

| Outcome      | Result                                             |
| ------------ | -------------------------------------------------- |
| **Yes wins** | You receive \$1.00 per share — profit of 28¢/share |
| **No wins**  | Shares are worth \$0 — loss of 72¢/share           |

## <span style={{color: "#baf820"}}>Getting Started</span>

<Steps>
  <Step title="Enable Trading">
    Go to **Settings → Trading** and click **Enable Trading**. This creates your on-chain credentials and approves your wallet for trading. One-time setup, takes about 10 seconds.
  </Step>

  <Step title="Fund Your Wallet">
    Deposit <Tooltip tip="USD Coin — a stablecoin pegged 1:1 to the US dollar">USDC</Tooltip> to your FrenFlow wallet. Polymarket uses **USDC on Polygon**, Kalshi uses **USD via Solana**.
  </Step>

  <Step title="Find a Market">
    Browse trending markets, search by topic, or check what your frens are trading.
  </Step>

  <Step title="Place a Trade">
    Select an outcome, enter your amount, and confirm. Your trade executes instantly for market orders.
  </Step>
</Steps>

## <span style={{color: "#baf820"}}>Two Trading Modes</span>

<CardGroup cols={2}>
  <Card title="Full Modal" icon="expand">
    The standard trading interface. See orderbook depth, set limit prices, choose expiration times, and review your trade before confirming.
  </Card>

  <Card title="Quick Trade" icon="zap">
    Enable **Ninja Mode** in settings for one-click trading. Pre-set your favorite amounts (\$5, \$10, \$25, etc.) and trade instantly without the modal.
  </Card>
</CardGroup>

## <span style={{color: "#baf820"}}>Trade Limits</span>

| Limit             | Value                                   |
| ----------------- | --------------------------------------- |
| **Minimum trade** | \$1 USD                                 |
| **Maximum trade** | \$10,000 USD per order                  |
| **Min price**     | 0.1¢ (market orders), 1¢ (limit orders) |
| **Max price**     | 99¢                                     |

## <span style={{color: "#baf820"}}>Trading from Telegram</span>

All trading features are also available from the [Telegram Bot](/telegram-bot/setup). Search markets, place trades, and manage positions — all without leaving Telegram.

* Type any text to search markets instantly
* Use `/search` to browse by category
* Use `/trending` to see popular markets
* Paste a **Polymarket URL** directly in the chat to get market details and trade buttons

```
/search          — Browse markets by category
/trending        — View trending markets
/bookmarks       — Your saved markets
```

## <span style={{color: "#baf820"}}>Supported Platforms</span>

<CardGroup cols={2}>
  <Card title="Polymarket" icon="circle-dot" href="/markets/polymarket">
    Trade with USDC on Polygon. Thousands of markets across all categories. Orders execute on the Polymarket CLOB (Central Limit Order Book).
  </Card>

  <Card title="Kalshi" icon="square" href="/markets/kalshi">
    CFTC-regulated US exchange. Trade via DFlow on Solana. Requires one-time KYC verification.
  </Card>
</CardGroup>