How to get started on Limitless

Who can use it

• You must be at least 18, or the age of legal majority in your jurisdiction if higher.
• The platform is not available to users accessing it from Russia, Belarus, Cuba, Iran, North Korea, Syria, or the Crimea, Donetsk and Luhansk regions.
• Trading is not available to users from the United States of America, the "Republic of China" (as written in the Terms), or the Canadian provinces of Ontario and Alberta.
• You must not be on OFAC, EU or UK sanctions lists, and Limitless may ask for proof of age, identity or eligibility at any time.

What you need

• Either an external wallet on Base (for example MetaMask, Rabby, Rainbow or Coinbase Wallet) or a social login such as Google or Twitter.
• USDC on the Base network.
• With an external or embedded wallet you pay gas in ETH; with a smart wallet created from social login, Limitless sponsors gas and you only need USDC.

Sign up

1. Go to the Limitless website and open the login menu.
2. Connect an external wallet, or sign in with a social login to have an embedded wallet created automatically.
3. With social login, a smart wallet is also created, so you can trade without holding ETH for gas.
4. If you connected an external wallet, you may see a one-time "choose your trading wallet" prompt for 1-click smart wallet trading.

Fund your account

1. External wallet: bridge or send USDC on Base to your wallet address; it can be used for trading right away.
2. Social login: send USDC on Base to the embedded or smart wallet address shown in the Limitless interface.
3. All deposits settle on Base; USDC sent from another chain without bridging first will not be credited.

Place your first prediction

1. Pick a market and check its resolution condition, source and deadline on the market page.
2. Select "Buy", choose "Yes" or "No", and enter the number of shares.
3. Click "Trade"; a market order fills at the best available price, or use a limit order to set your own price.
4. Track positions in your portfolio and sell before resolution, or hold until the market resolves.
5. Winning shares pay $1.00 each; losing shares are worth $0.

Withdraw

1. External wallet: your USDC is already in your wallet, so send it from your wallet app like any transfer on Base.
2. Social login: use the "Withdraw" action in the Limitless interface to send USDC from your smart wallet to another address on Base; Limitless sponsors the gas.
3. Withdrawals settle on Base, so make sure the receiving address accepts USDC on Base.

Fees (as published)

• Fees apply only to takers; resting limit orders (makers) pay no fees.
• AMM markets: a flat 0.40% fee per trade; some promotional markets may have a reduced or zero fee.
• User-created custom markets: currently a 2% pool fee per trade, which goes to the market creator.
• Order book markets on legacy venues: buy fees 0.40% to 3.00% (paid in outcome tokens) and sell fees 0.42% to 1.50% (paid in USDC), depending on price.
• Markets on new trading venues: taker fee of 5% x (1 - price) of the trade's USDC value, paid in USDC on buys and sells.
• Redeeming winning shares after resolution has no trading fee.

Key risks

• The Terms state you may lose part or all of the funds you deposit or wager, and wagers are final once confirmed on the blockchain.
• Smart contracts are forked from audited Polymarket contracts, but Limitless's own changes are not covered by that audit.
• Oracle failures, network delays or technical issues can affect execution and settlement.
• Some markets can resolve 50-50, paying $0.50 per share regardless of the price you paid.
• You alone are responsible for your wallet security, private keys and seed phrases.