> For the complete documentation index, see [llms.txt](https://polyquant-1.gitbook.io/wallet/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://polyquant-1.gitbook.io/wallet/quick-start.md).

# Quick Start

This guide will help you place your first trade on Polymarket using **polyquant** in just a few minutes.

No prior setup is required.

***

### Step 1 — Open the bot

Open **polyquant** in Telegram and press **Start**.

If you are not subscribed to required channels, the bot will ask you to complete a short subscription check before continuing.

***

### Step 2 — Connect a wallet

polyquant requires a wallet to trade on Polymarket.

You have two options:

* **Create a new wallet**\
  A new wallet will be generated automatically by the bot.
* **Import an existing wallet**\
  You can import a wallet by providing its private key.

Once connected, the wallet is linked to your Telegram account.

***

### Step 3 — Deposit USDC.e

After connecting a wallet, deposit **USDC.e** to the provided address.

* The deposit address is shown inside the bot
* Minimum balance is required to place trades
* Deposits are detected automatically

If the balance does not update immediately, use the **Balance refresh** option in the Wallet menu.

***

### Step 4 — Explore markets

Open **Market Explorer** to browse available markets.

The explorer:

* Is cached for fast loading
* Mirrors Polymarket market structure
* Allows quick navigation by event or market

Select a market to view:

* Outcomes
* Current prices
* Bid / ask spread
* Available liquidity

***

### Step 5 — Place your first trade

Choose an outcome and place a trade.

You can use:

* **Market order** — executes immediately at the best available price
* **Limit order** — executes only at your specified price

Trade size is entered in **USD**.\
polyquant automatically converts USD to shares.

***

### Step 6 — Manage orders and positions

After placing a trade, you can:

* View open orders
* Cancel limit orders
* Sell positions (market or limit)
* Track filled and remaining size
* Monitor your portfolio and PnL

All actions are available directly in Telegram.

***

### Step 7 — Claim finished markets

When a market is resolved, use **Claim** to collect your payout.

Finished markets do not require manual settlement outside the bot.

***

### What’s next

Now that you’ve placed your first trade, you can:

* Learn the difference between **market and limit orders**
* Explore **Portfolio & PnL**
* Enable **Copytrade**
* Read **Security** and **Risk Disclosure**\
  \
  \
  [**https://x.com/polyquant\_labs**
  \
  **https://t.me/polyquant\_labs** <br>](<https://x.com/polyquant_labs&#xD;&#xA;https://t.me/polyquant_labs&#xD;&#xA;>)


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