Prediction markets
- Losing shares are worth $0 when the market resolves. If you hold them to the end, you lose what you paid.
- Prices can move sharply on news, and some markets have few traders. A market order can fill at a worse average price.
- The rules of each market decide the result. A draw pays $0.50 per share.
- Payouts usually take 4–72 hours after the event; shares can't be sold in that time.
Futures and leverage
- Futures can use leverage of up to 100x. Leverage multiplies gains and losses.
- If your margin falls below the maintenance level, your position can be reduced or liquidated without notice. In cross margin, losses can reach your whole balance in that coin.
- Funding is exchanged every 8 hours. Stop Loss orders execute at market and can fill at a worse price.
Auto-Deleveraging (ADL)
Liquidation losses are normally covered by Outpoll's insurance fund. If the fund isn't enough, profitable positions on the opposite side can be reduced or closed automatically at the liquidated position's bankruptcy price. Positions with the highest profit and leverage go first. You're notified, and you may realize less profit than if you had closed yourself.
Digital assets
- Stablecoins aim to stay at $1 but can lose that peg. Other crypto assets are highly volatile.
- Blockchain transactions can be irreversible. Deposits with an unsupported coin or network may be lost; recovery isn't guaranteed and a fee may apply.
Platform risks
- Outages, maintenance and paused markets can stop you from trading when you want. A product may be limited to closing positions only.
- We may ask for verification documents at any time. Until it's complete, your account can be restricted and open positions closed at the market price.
Legal and tax
Trading is not available in restricted jurisdictions listed in our Terms of Service. Using a VPN or false information to get around this is prohibited. You are responsible for following the laws of the country where you live and pay taxes, and for paying any taxes on your results.
Trade responsibly
Decide in advance how much you are ready to lose, and stop when you reach it. Don't trade to win back losses. If trading stops being affordable, ask support to close your account.