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General Questions

Polysight is a Telegram bot where you can trade Polymarket events directly from your messaging app. No browser needed - execute trades, manage positions, and track performance all within Telegram.Key Features:
  • Instant market and limit orders
  • Secure wallet creation (Solana + Polygon Safe)
  • Gasless trading and withdrawals
  • Real-time portfolio tracking
  • Cross-chain token swaps
Polymarket is the world’s largest prediction market platform where you can trade on the outcomes of real-world events:
  • Politics (elections, legislation)
  • Sports (games, championships)
  • Crypto (price predictions, protocol events)
  • Business (earnings, product launches)
  • Science & Tech (AI, space, innovation)
Shares are priced 0.00-1.00 representing probability. Winning shares pay $1.00 at resolution.
Using Polysight is completely free. Pay only when you swap or trade!Trading Fee: 1% on executed trades (included in total amount)Gasless Transactions: All trading and withdrawals are gasless - no MATIC neededExample: $100 trade = $99 to market + $1 fee. Simple and transparent.
Yes. Polysight employs multiple security layers:
  • Encryption: All private keys encrypted with AES-256
  • Safe Wallets: Polygon wallets use Gnosis Safe (institutional-grade)
  • No Custody: You maintain full control, export keys anytime
  • Gasless Security: Transactions via Polymarket’s trusted relayer
  • Code Audited: Open source with security best practices
For maximum security, export and backup your private keys in a safe place. Don’t rely solely on Polysight for access.
Yes. Prediction market trading involves risk:
  • Prices are volatile and can change rapidly
  • Events may not resolve as expected
  • You can lose your entire investment on a trade
  • Past performance doesn’t predict future results
Risk Management:
  • Only invest what you can afford to lose
  • Diversify across multiple markets
  • Use stop-losses and profit targets
  • Start small to learn before scaling up
Never invest money you need for living expenses. Treat prediction market trading as speculative and high-risk.
Profit when your prediction is correct:Example:
  • Buy 100 YES shares at a cost basis of $0.60 per share = $60.00 cost.
  • Event resolves YES
  • Receive $100 payout (100 shares x $1.00)
  • Profit: $40 (67% ROI)
Strategies:
  • Scalping: Quick trades on price movements
  • Value trading: Long-term holds on mispriced markets
  • Arbitrage: Exploit pricing inefficiencies
  • News trading: React to new information quickly
Success on prediction markets requires research, discipline, and risk management.

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Getting Started

Getting started on Polysight is easy.
  1. Open Telegram
  2. Search @PolysightBot
  3. Click /start
  4. Wallets created automatically in 5 seconds
No registration forms, no email verification, no KYC. Your Telegram IS your Polysight account.
Two wallets are automatically created:Solana Wallet (EOA):
  • For receiving SOL
  • Used for cross-chain swaps
  • Compatible with Phantom, Solflare
Polygon Safe Wallet:
  • For trading on Polymarket
  • Gnosis Safe for enhanced security
  • Controlled by your EOA key
  • Compatible with MetaMask + Safe interface
Both wallets are yours forever - export keys anytime.
Send USDC to your Polygon wallet address:Option 1: Direct Transfer
  • From exchange (Binance, Coinbase, etc.)
  • From MetaMask or other wallet
  • Use Polygon network, send USDC or USDC.e
Option 2: Cross-Chain Swap
  • Send SOL to your Solana wallet
  • Use **Swap** to convert to USDC
  • USDC arrives on Polygon automatically
Option 3: On-Ramp
  • Use Moonpay, Transak, or similar
  • Buy USDC directly on Polygon network
  • Send to your wallet address
Start with $25-50 to cover multiple trades and learn the platform before depositing larger amounts.
Minimum trade: $5.00 USDCRecommended starting balance: $25-50This allows for:
  • Multiple trades to learn the platform
  • Covering 1% fees on several trades
  • Room for experimentation
  • Small losses without running out
No maximum deposit limit.
Wallet creation: 3-5 secondsToken approvals: ~30 seconds (background)Ready to trade: As soon as you fund your walletThe bot will show a welcome message when setup completes. Click Continue to view your wallet addresses.

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Trading Questions

  • Market Orders
  • Limit Orders
**Instant execution** at best available pricePros:
  • Executes immediately
  • Guaranteed to fill
  • Perfect for fast-moving markets
Cons:
  • May have slippage
  • Pay current market price
  • Less control over execution price
Best for: Smaller trades, urgent execution, high liquidity markets
Common reasons:Price never reached:
  • Market moved away from your limit price
  • Set price too far from current price
  • Low volume preventing price movement
Insufficient liquidity:
  • Not enough matching orders on other side
  • Market volume too low
  • Your order size too large for available liquidity
Order expired:
  • Reached expiration time without filling
  • Auto-cancelled and funds returned
Solutions:
  • Move limit price closer to market
  • Use smaller order sizes
  • Extend expiration or use GTC
  • Consider market order for guaranteed fill
Slippage = difference between expected and actual execution priceCauses:
  • Low liquidity markets
  • Large order sizes
  • High volatility
  • Fast-moving prices
How to minimize:
  • Trade high-volume markets (> $10K daily volume)
  • Use smaller position sizes
  • Use limit orders instead of market orders
  • Trade during liquid hours (US business hours)
  • Split large orders into smaller pieces
Polysight warns you if slippage exceeds 5%. When you see the warning, consider reducing size or using a limit order.
Market orders: No - execute instantly, cannot cancelLimit orders (live): Yes - cancel anytime before matchingLimit orders (filled): No - already executed, becomes positionTo cancel live limit order:
  1. Go to **Orders**
  2. Find the live order
  3. Click **Cancel Order**
  4. Funds returned immediately
Once an order matches (fully or partially), that portion cannot be cancelled. Only unmatchedddd portion can be cancelled.
Market orders: Confirmation message immediately shows:
  • Order ID
  • Shares received
  • Execution price
  • Fee paid
Limit orders: Status updates when:
  • Live - Waiting in order book
  • Partially filled - Some shares matched
  • Filled - Completely matched
  • Cancelled - Manually cancelled or expired
Check **Orders** anytime to see all order statuses and history.
Save order IDs for record-keeping. You can verify on Polymarket’s website using the order ID.
Polysight Fee: 1% of total trade amountPolymarket Fees: None (maker/taker fees waived for EOA wallets)Gas Fees: None (gasless via relayer)Example breakdown:
$100 trade:
- $99.00 goes to market
- $1.00 Polysight fee
- $0.00 gas
Total cost: $100
Fees are collected:
  • Market orders: When order fills
  • Limit orders: When order matches (not when placed)
  • Cancelled orders: No fee charged
Fees shown in confirmation screen before you execute. No hidden charges.

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Wallet & Funds

Easy and gasless:
  1. Go to **Wallets** → ** Withdraw**
  2. Enter destination address (Polygon/Ethereum)
  3. Enter amount (minimum $5)
  4. Confirm withdrawal
  5. Funds arrive in ~30 seconds
No gas fees - completely free withdrawals via Polymarket relayer.
Verify destination address carefully. Wrong address = permanent loss. Send small test amount first if unsure.
Yes! You maintain full control:
  1. Go to **Wallets** → ** Export Keys**
  2. Choose wallet (Solana or Polygon)
  3. Confirm security warnings
  4. Copy key to clipboard
  5. Import to MetaMask, Phantom, etc.
Important:
  • Delete the message after copying
  • Never share your key with anyone
  • Store securely (paper wallet, hardware wallet)
  • Can continue using Polysight after exporting
Export and backup your keys even if you plan to keep using Polysight. Provides recovery option if you lose Telegram access.
If you exported and backed up your private keys: Your funds are safe - import keys to MetaMask/PhantomIf you didn’t export your keys: Funds may be inaccessible - recovery depends on:
  • Getting Telegram account back
  • Contact Telegram support for account recovery
  • Polysight cannot access your keys (they’re encrypted)
Prevention:
  1. Enable 2FA on Telegram
  2. Export and backup your private keys
  3. Store backup in safe place
  4. Test recovery process with small amount
Always export and backup your keys! Don’t rely solely on Telegram access. Backup = peace of mind.
Common reasons:Funds locked in positions:
  • USDC used to buy shares
  • Check **Positions** for open positions
  • Sell positions to free up USDC
Funds locked in limit orders:
  • Buy orders lock USDC until filled/cancelled
  • Check ** Orders** for pending orders
  • Cancel orders to return funds
Fees deducted:
  • 1% fee on each trade
  • Check trade confirmations for fee amounts
Need balance refresh:
  • Click ↻ Refresh on home screen
  • Balances cached for 30 seconds
  • Refresh forces fresh data fetch
Your net worth = tradable balance + position values + locked order funds. Check Financial Overview on home screen for complete picture.
Polysight uses Mayan Protocol for cross-chain swaps:SOL → USDC.e:
  • Send SOL to Solana wallet
  • Choose swap amount in bot
  • USDC.e arrives on Polygon in 2-3 minutes
  • Ready to trade immediately
USDC.e → SOL:
  • USDC.e taken from Polygon wallet
  • Choose swap amount
  • SOL arrives on Solana in 2-3 minutes
  • Can withdraw or swap back
Fees:
  • Mayan swap fee: ~0.2-0.5%
  • Bridge fees: Covered by protocol
  • No gas fees required
Swaps are non-custodial and secure - Mayan is trusted by major protocols.
USDC.e (Bridged USDC):
  • Original USDC bridged from Ethereum
  • Most widely supported
  • Used by most exchanges and dApps
  • Polymarket uses USDC.e
USDC (Native):
  • Natively issued on Polygon by Circle
  • Newer, less widely adopted
  • Some platforms support it
  • Can be swapped for USDC.e
For Polysight:
  • Must swap USDC to USDC.e to trade
Polysight accepts USDC deposits, but USDC.e is required by Polymarket to trade. Make sure you swap in-app before trying to open a position!

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Troubleshooting

Quick fixes:
  1. Wait 10 seconds - Bot may be processing
  2. Send /start - Resets session
  3. Click Home - Returns to main menu
  4. Restart Telegram - Clears local cache
If still not working:
  • Check Telegram service status
  • Try on different device
  • Wait 15-30 minutes and try again
  • Bot may be under maintenance
Polysight handles thousands of users. Occasional delays during high traffic are normal. Your funds are always safe.
Common causes:Insufficient balance:
  • Not enough USDC.e for trade + fee
  • Funds locked in positions/orders
  • Solution: Free up funds or reduce trade size
Minimum requirements:
  • Trade must be at least $5.00
  • Must result in at least 5 shares
  • Solution: Increase trade amount
Market moved:
  • Price changed significantly since you started
  • Order book depleted
  • Solution: Reload market and try again
Network issues:
  • Polymarket API temporarily down
  • Relayer congestion
  • Solution: Wait 1-2 minutes and retry
If error persists after 3 attempts, try a different market or wait 30 minutes. Save the error message if you need support.
Possible reasons:Limit order not filled yet:
  • Check ** Orders** for live orders
  • Order status shows “live” not “filled”
  • Wait for match or cancel and use market order
Position value too small:
  • Very small positions may not display
  • Check on Polymarket website directly
  • Use your wallet address to view
Data needs refresh:
  • Click ↻ Refresh on home screen
  • Wait 5 seconds for data update
  • Position should appear
Order failed:
  • Check ** Orders** history
  • Look for failure message
  • Funds returned to balance if failed
Market order positions appear within 5 seconds. Limit order positions appear only after order fills.
Check these first:
  1. Transaction hash - Check on PolygonScan
    • Confirmed? Funds left your wallet
    • Pending? Wait for confirmation
    • Failed? Funds returned to your wallet
  2. Destination wallet
    • Correct network? (Polygon not Ethereum mainnet)
    • Correct address? (0x… format)
    • Exchange requires confirmations? (5-20 min wait)
  3. Amount
    • Meets destination minimum? (exchanges have minimums)
    • Correct token? (USDC.e vs native USDC)
Recovery:
  • If sent to wrong network: May be recoverable, contact destination support
  • If sent to wrong address: Likely permanent loss
  • If never left wallet: Transaction failed, funds still in wallet
Always verify address and network before withdrawing. Send small test amount first ($5-10) to new destinations.
Reasons:Cache delay:
  • Prices cached for speed
  • May be 5-10 seconds old
  • Click ** Reload** on market page
Low liquidity:
  • Bid-ask spread wide
  • Few recent trades
  • Prices may look unusual
  • Check 24h volume (< $1K = illiquid)
Market moved:
  • Fast-moving event
  • Major news just broke
  • Prices updating rapidly
  • Reload for latest
Compare to Polymarket:
  • Check Polymarket website directly
  • Use your market link
  • Polysight prices should match within seconds
For fast-moving markets, reload frequently. Prices update in real-time but may have 5-10 second display delay.
Get help:
  1. Check documentation:
    • Read relevant guide sections
    • Search for keywords
    • Review examples
  2. Try the bot’s help:
    • Click **Help** on home screen
    • In-bot support resources
  3. Contact support:
    • Telegram support channel
    • GitHub issues (for bugs)
  4. Community:
    • Join user community groups
    • Ask experienced users
    • Share strategies and tips
When asking for help, include:
  • What you were trying to do
  • What happened instead
  • Error messages (exact text)
  • Screenshots (hide sensitive info)
  • Your Telegram username (for follow-up)

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Security & Safety

Essential security steps:
  1. Enable 2FA on Telegram
    • Settings → Privacy and Security → Two-Step Verification
    • Strong password + recovery email
  2. Export and backup keys
    • **Wallets** → **Export Keys**
    • Write on paper, store in safe
    • Never save digitally unencrypted
  3. Beware of phishing
    • Never share private keys
    • Don’t click suspicious links
    • Verify bot username exactly
    • Support never asks for keys
  4. Secure your device
    • Password/biometric lock
    • Don’t root/jailbreak
    • Keep Telegram updated
    • Use trusted networks only
  5. Start small
    • Test with minimal amounts
    • Learn before scaling up
    • Don’t deposit life savings
Your security is your responsibility. Polysight provides tools, but you must use them correctly. Backup keys and enable 2FA today!
Immediate actions:
  1. Create new wallet immediately
    • Stop using compromised wallet
    • Start fresh with new account
  2. Move remaining funds
    • Transfer to new wallet ASAP
    • Use different device if possible
    • Assume compromised wallet is empty
  3. Analyze what happened
    • How did they get your key?
    • Phishing? Malware? Physical access?
    • Fix the root cause
  4. Change passwords
    • Telegram
    • Email
    • Anything connected to device
  5. Monitor addresses
    • Watch old wallet on PolygonScan
    • Set alerts for transactions
    • Document theft for reporting
Prevention better than cure:
  • Never share keys with anyone
  • Don’t save in cloud/messages
  • Use hardware wallets for large amounts
  • Keep devices secure
Compromised keys cannot be “fixed” - funds are at risk. Create new wallet immediately and move any remaining funds.
Common scams:Fake support:
  • Claims to be Polysight team
  • Asks for private keys
  • Requests “verification” payment
  • Real support NEVER asks for keys
Impersonator bots:
  • Similar username, different bot
  • Phishing for credentials
  • Verify exact bot username
“Free money” offers:
  • Airdrops requiring key import
  • “Exclusive” trading signals
  • Guaranteed profit systems
  • If too good to be true, it is
Malicious markets:
  • Fake Polymarket links
  • Markets that can’t resolve
  • Obvious outcomes claimed uncertain
  • Research markets before trading
How to verify:
  • Check bot username exactly
  • Verify official links
  • Research unknown markets
  • Never rush decisions
  • Ask community if unsure
When in doubt, DON’T. Better to miss opportunity than lose funds to scam. Take time to verify everything.
Still have questions? Check the other guide sections for detailed information on specific topics, or reach out to support for personalized assistance.