❓General Questions
Last updated
Last updated
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Nexter sources its price feeds from:
ChainLink Oracle: Locked Price; Price used for closing each round
Trading View: Real time price feeds on interface
Nexter charges a transaction fees of 2.5% on the total pool amount before distributing the winning payouts.
All winnings will be deposited in the smart contract, in the form of unclaimed gains. You can release and claim your winnings by using the “COLLECT EARNINGS” button. Once claimed, all claimed rewards will be transferred automatically to your wallet and “Earnings Collected” text will be displayed.
Nexter prediction allows users to place their bets using the following currencies:
MATIC (the native token of Polygon chain)
USDC
USDT
DAI
A live round expires automatically as soon as the prediction timer on the card runs out.
No. As specified in the Switch between tokens section, users will be allowed to choose which of the 4 currencies they’d use to place their bets. Once the bets are placed, a limited set of options are provided to claim the winning payouts. The possible combinations are listed in the below table.
| Currency Chosen for Prediction | Currency Choice for Claiming Wins |
|---|---|
DAI | MATIC / DAI |
MATIC | MATIC |
USDC | MATIC / USDC |
USDT | MATIC / USDT |
You can predict on the platform at any time when the markets are live. Nexter Prediction will have different durations depending on the market you wish to predict on.
The cryptocurrency markets will be active 24x7
The commodity markets will be active 24x7
All you have to do is connect your wallet and start predicting. For details on using the Prediction protocol, you can look at the Guide to Use Nexter Prediction.
The process is very simple. Follow the guide here to enable gasless predictions.
Yes! The user's minimum bet amount should be $0.1 to be eligible for gasless.
No! The gasless mode is only supported for stablecoins (USDT,USDC and DAI) on Nexter.
No. Hardware wallet users should not enable gasless mode (Gasless predictions are supported for MagicLink wallet users).
Nexter currently supports cryptocurrencies and commodity markets for predictions. More details in the table below.
| Prediction Market | Asset | Round Duration |
|---|---|---|
Crypto Currencies | BTC | 5 minutes |
Crypto Currencies | ETH | 5 minutes |
Crypto Currencies | MATIC | 5 minutes |
Crypto Currencies | BNB | 5 minutes |
Commodities | GOLD | 5 minutes |
Commodities | SILVER | 30 minutes |
Stay tuned to the Nexter App for more additions of new assets.
