Quick Start

Get started with Veyra in just 5 minutes! This guide will walk you through your first trade.

Prerequisites

• A modern web browser (Chrome, Firefox, Safari, or Brave)

• A Solana wallet (Phantom or Solflare recommended)

• Some SOL for trading (minimum $10 equivalent)

Step 1: Install a Solana Wallet

Option A: Phantom Wallet (Recommended)

1. Visit phantom.app

2. Click "Download" for your browser

3. Install the browser extension

4. Create a new wallet or import existing one

5. IMPORTANT: Save your recovery phrase securely!

Option B: Solflare Wallet

1. Visit solflare.com

2. Download browser extension or mobile app

3. Create a new wallet

4. Backup your recovery phrase

Step 2: Fund Your Wallet

Get SOL

You'll need SOL (Solana's native token) to trade on Veyra.

Option 1: Buy from Exchange

• Coinbase, Binance, Kraken, etc.

• Withdraw to your wallet address

• Network: Solana

Option 2: Use On-Ramp Service

• Phantom has built-in on-ramp

• Click "Buy" in wallet

• Use credit card or bank transfer

How Much SOL?

• Trading: Start with $10-50

• Transaction fees: ~$0.01 per trade

• Recommended: $20 for beginners

Step 3: Connect to Veyra

1. Visit veyramarket.com

2. Click "Connect Wallet" in top-right corner

3. Select your wallet (Phantom/Solflare)

4. Approve the connection request

5. ✅ You're connected!

Step 4: Explore Markets

Browse Categories

Navigate to Markets:

• Click "Markets" in navigation

• Or scroll down on homepage

Filter by Category:

• 🏛️ Politics

• 💰 Crypto

• ⚽ Sports

• 💼 Business

• 🔬 Technology

• 🎬 Entertainment

• 🔬 Science

Market Information:

• Title: Question being predicted

• Current Price: Market probability

• Volume: Total money traded

• End Date: When market resolves

Step 5: Make Your First Trade

Choose a Market

Example Market:

"Will Bitcoin reach $150,000 by end of 2025?"
YES: $0.68 (68% probability)
NO: $0.32 (32% probability)
End Date: December 31, 2025

Understand the Prices

• YES at $0.68: Market thinks 68% chance

• NO at $0.32: Market thinks 32% chance

• If you think probability is higher → Buy YES

• If you think probability is lower → Buy NO

Place Your Trade

1. Click on the market to open details

2. Choose your side: YES or NO

3. Enter amount: Number of shares (start small!)

4. Review trade:

   Buying: 10 YES shares
   Price: $0.68 per share
   Total Cost: $6.80
   Potential Profit: $3.20 (47% return)

5. Click "Buy YES" or "Buy NO"

6. Approve transaction in your wallet

7. Wait for confirmation (~1 second)

8. ✅ Trade complete!

Step 6: Monitor Your Position

View Portfolio

1. Click "Portfolio" in navigation

2. See your active positions:

   • Markets you're invested in

   • Number of shares

   • Current value

   • Unrealized P&L

Track Performance

Portfolio Dashboard shows:

• Total Portfolio Value

• Total Profit/Loss

• Win Rate

• Active Positions

• Resolved Positions

Understanding Your First Trade

Scenario 1: You Win ✅

You bought: 10 YES shares at $0.68 Cost: $6.80 Event happens: Bitcoin reaches $150K Payout: 10 × $1.00 = $10.00 Profit: $10.00 - $6.80 = $3.20 (47% return)

Scenario 2: You Lose ❌

You bought: 10 YES shares at $0.68 Cost: $6.80 Event doesn't happen: Bitcoin doesn't reach $150K Payout: $0.00 Loss: -$6.80 (100% loss)

Scenario 3: You Exit Early 📊

You bought: 10 YES shares at $0.68 Cost: $6.80 Current price: $0.75 (price increased!) Sell now: 10 × $0.75 = $7.50 Profit: $7.50 - $6.80 = $0.70 (10% return)

Trading Tips for Beginners

✅ Do's

1. Start Small: Trade $5-10 per market initially

2. Research: Read about the event before trading

3. Diversify: Don't put all money in one market

4. Set Limits: Decide max loss before trading

5. Track Performance: Learn from wins and losses

❌ Don'ts

1. Don't trade emotions: Stay objective

2. Don't chase losses: Stick to your strategy

3. Don't overtrade: Quality over quantity

4. Don't ignore fees: Factor in transaction costs

5. Don't invest more than you can afford to lose

Common Trading Strategies

1. Buy and Hold

• Buy shares early when prices are low

• Hold until resolution

• Best for high-conviction trades

2. Swing Trading

• Buy when price is low

• Sell when price increases

• Don't wait for resolution

• Profit from price movements

3. Arbitrage

• Find pricing inefficiencies

• Example: YES + NO > $1.00

• Quick profits, low risk

• Requires speed and capital

4. Market Making

• Provide liquidity

• Place buy and sell orders

• Earn from spread

• Advanced strategy

Example Trades

Example 1: Political Event

Market: "Democratic Party wins 2028 Presidential Election?" Your Analysis:

• Current price: YES at $0.52

• You think Democrats have 70% chance

• Market underpricing by 18%

Trade:

Buy: 50 YES shares
Price: $0.52
Cost: $26.00

If you're right (70% chance):
Payout: $50.00
Profit: $24.00 (92% return)

Expected value:
(0.70 × $50) + (0.30 × $0) - $26 = $9.00

Example 2: Sports Bet

Market: "Lakers win NBA Championship 2026?" Your Analysis:

• Current price: YES at $0.18

• You think Lakers have 30% chance

• Good value bet

Trade:

Buy: 100 YES shares
Price: $0.18
Cost: $18.00

If Lakers win:
Payout: $100.00
Profit: $82.00 (455% return)

Expected value:
(0.30 × $100) + (0.70 × $0) - $18 = $12.00

Troubleshooting

Wallet Won't Connect

Solution:

1. Refresh the page

2. Check wallet extension is unlocked

3. Try different browser

4. Clear cache and cookies

Transaction Failed

Possible causes:

1. Insufficient SOL balance

2. Network congestion

3. Slippage too high

Solution:

1. Check SOL balance

2. Increase slippage tolerance

3. Try again in a few seconds

Market Not Loading

Solution:

1. Check internet connection

2. Refresh page

3. Try different market

4. Contact support if persists

Next Steps

Learn More

📚 How It Works - Understand prediction markets deeply

📊 Markets & Trading - Advanced trading strategies

💼 Portfolio Management - Track and optimize your trades

Join the Community

• Discord: Ask questions, share strategies

• Twitter: Latest market updates

• Newsletter: Weekly market insights

Safety Checklist

✅ Wallet recovery phrase saved securely ✅ Never share private keys ✅ Verify website URL (https://veyra.app) ✅ Start with small trades ✅ Understand the risks ✅ Only trade what you can afford to lose

---

Ready to trade? Visit veyramarket.com and start predicting! 🚀