What happens after you place a trade

So you've placed your first trade on Fliq - now what? Here's exactly what happens next and what you need to do at each step.

Step 1: Monitor Your Position While the Market is Open

Once you own shares, you can watch how the odds change in real-time. This is where the flexibility of prediction markets really shines - you're not locked into your position until the event ends.

Check if odds are moving in your favor: Let's say you bought YES shares at 40 cents, thinking your team has a better chance than the market believes. If positive news comes out and the price moves to 55 cents, you're now sitting on a 15 cent profit per share. You can track all this in portfolio under "positions" tab

You have two choices at this point:

Take profits early: You can sell your shares at 55 cents and lock in your 15 cent profit per share right now. You don't have to wait for the actual game to finish.

Minimize losses: Maybe the odds moved against you instead. You bought YES at 40 cents, but bad news pushed the price down to 30 cents. You can sell now and lose only 10 cents per share instead of potentially losing the full 40 cents if things get worse. Want to sell your shares? Follow this tutorial for step-by-step instructions.

Step 2: Market Resolution ( Declaring the winning side after market time ends)

When the market concludes, trading stops and we begin the resolution process. This happens manually to ensure accuracy - our team verifies the actual outcome using the predetermined sources listed in the market rules.

Resolution timing varies by market type:

• Football/Sports markets: Resolved within 1 hour after the event ends

• Crypto markets: Resolved within 30 minutes

• Other markets: Timing varies based on when official results are available

You don't need to do anything during this step - just wait for us to verify and publish the official result.

Step 3: Dispute Resolution Period

After we resolve the market, there's a cooling-off period where the result can be challenged if there's evidence it was wrong.

Check your Portfolio page: You'll see a timer next to your completed trades. This timer shows how much time is left in the dispute resolution period.

What this means: During this time, if someone provides compelling evidence that the market was resolved incorrectly, we can reverse the decision. This protects everyone from human error or unclear situations.

Dispute periods:

• Football markets: 1 hour dispute window

• Crypto markets: 30 minute dispute window

• Other markets: 8 hours dispute window

You don't need to do anything during this period unless you believe the market was resolved incorrectly and want to dispute it yourself.

Step 4: Settle Your Winning Trades

Once the dispute period ends, you'll see the timer change to a "Settle" button next to your winning trades in the portfolio page

Click the "Settle" button and approve the transaction. This is the final step that officially moves your winnings into your withdrawable wallet balance.

If you won: Your profits get automatically added to your wallet after settling. You can then withdraw these funds anytime you want.

If you lost: The settle button won't appear since there are no winnings to claim. Click "remove" to remove the trade from the portfolio page

Important: You must manually settle winning trades to access your profits. They don't automatically appear in your withdrawable balance.

Step 5: Withdraw Your Profits (Optional)

After settling, your winnings are in your wallet and ready to withdraw. You can either:

Keep funds on Fliq for future trading Withdraw to external wallet or exchange anytime with no delays

The withdrawal process is instant once you've settled your trades.