# Getting Started

Setting up on Premarket takes a few steps before you can place your first trade. You may need to verify your identity (only for Prediction Markets and Yield Farm), create a smart account, and deposit funds. This page walks you through each step in order.

## Step 1: Access the App

<figure><img src="/files/raBw3mZnne8rKvT4Scqg" alt=""><figcaption><p>Premarket application homepage</p></figcaption></figure>

Go to [app.premarket.xyz](https://app.premarket.xyz) and navigate to the Markets section. You can browse active markets without any setup, but placing a trade requires completing the steps below.

## Step 2: Complete Identity Verification (Prediction Markets and Yield Farm only)

<figure><img src="/files/UdTaxOxI0yBJyWl6GhMT" alt="" width="341"><figcaption><p>Identity verification flow</p></figcaption></figure>

Prediction Markets and Yield Farm route through a liquidity partner that requires identity verification. You can start verification in two ways: click Buy Yes or Buy No on any prediction market, or go to the Wallet page and click Verify Identity. Either path redirects you to the identity verification provider. Submit a government issued ID and complete face verification if prompted. Once done, return to the app and your account will be enabled for trading.

{% hint style="info" %}
Identity verification is only required for Prediction Markets and Yield Farm. If you only trade Pre IPO, Pre TGE, Options, or RWA markets, skip this step and continue to Step 3.
{% endhint %}

## Step 3: Create Your Smart Account

<figure><img src="/files/w4uXAQbLfIsjkxBGYPRC" alt=""><figcaption><p>Wallet page</p></figcaption></figure>

Premarket uses a smart account as your trading wallet. Your funds flow from your personal wallet (Primary Wallet) into your smart account for trading, and back out when you withdraw. A subkey is delegated by the system to enable gas abstraction and transaction batching, so you can trade without signing every transaction manually.

Go to the Wallet page, click Create Smart Account, and wait for confirmation. All your funds, trades, and positions are managed through this account. You can export your subkey private key at any time from the Wallet page for self custody.

For more detail on how the wallet structure works, see [Wallet and Funds](/readme/wallet-and-funds.md).

## Step 4: Deposit Funds

<figure><img src="/files/3ELxXmkIikqFx4vxTt8R" alt="" width="375"><figcaption><p>Deposit section on wallet page</p></figcaption></figure>

Once your smart account is created, click Deposit and send supported assets to your smart account. Wait for your balance to update before placing a trade.

Make sure you are depositing on the correct network for the product you want to trade:

| Network | Markets                        | Currency |
| ------- | ------------------------------ | -------- |
| MegaETH | Pre IPO, Pre TGE, Options, RWA | USDM     |
| Solana  | Prediction Markets, Yield Farm | USDC     |

Depositing on the wrong network means your funds will not be available for the market you want to trade.

## Step 5: Place Your First Trade

<figure><img src="/files/8vQJ6Ag6s7xAjJu46jpb" alt=""><figcaption><p>Example of trade page</p></figcaption></figure>

Go to any active market and select an outcome. For Prediction Markets and Yield Farm, choose Buy Yes or Buy No. For Pre IPO, Pre TGE, and Options markets, select the band you want to trade and mint your position. For RWA markets, select the asset and place a buy order. Enter an amount, review the price, shares, and potential payout, then click Buy to execute.

## Step 6: Manage Your Position

<figure><img src="/files/HjyPtKjGS1K3PT7QEKjU" alt=""><figcaption><p>Manage positions and history on Portfolio page</p></figcaption></figure>

After placing a trade, track it in your Portfolio. You can monitor price changes and exit early by selling your position before settlement, provided there is liquidity available on the other side.

If you hold to expiry, settlement depends on the market type. Pre IPO, Pre TGE, Options, and RWA markets settle automatically to your smart account. Prediction Markets and Yield Farm run on Solana and require a manual redemption step via the DFlow contract once your position expires. See [Receiving Your Payout](/readme/payouts-and-settlement/receiving-payout.md) for details.

If you have completed these steps and want to learn more, check out these pages:

* [Understanding Markets](/readme/understanding-markets.md) for walkthroughs on market types and mechanics.
* [Quick Help](/readme/quick-help.md) if you need assistance or are stuck on one of the steps above.
* [Identity Verification](#step-2-complete-identity-verification-prediction-markets-and-yield-farm-only) if you want assistance with the verification step.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.premarket.xyz/readme/getting-started/setup.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.