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General Questions
What is Trader Predict?
Trader Predict is Nigeria's outcome-based prediction marketplace. It is a platform where users trade YES or NO shares on the outcomes of real-world events including sports, elections, economy, tech milestones, culture etc. When the event concludes, users who predicted correctly get paid.
Is Trader Predict a betting platform?
No. Trader Predict is a prediction market, not a betting platform. In traditional betting, odds are set by the house and the house profits when you lose. On Trader Predict, prices are set entirely by the crowd of traders, and we do not take any position against our users. We only earn a small transaction fee on trades regardless of who wins or loses. Our model is closer to a financial exchange than a sportsbook.
What kinds of events can I trade on?
We cover a wide and growing range of markets including:
? Sports Football matches, AFCON, World Cup, local leagues ?? Politics Elections, policy decisions, INEC outcomes ? Economy CBN interest rate decisions, inflation figures, GDP data ? Technology Product launches, company milestones, regulatory outcomes ? Culture Award shows, entertainment events, Nollywood releases
Account Questions
How do I create an account?
Visit traderpredict.com, click Sign Up/Register, and provide your username, email address, and a secure password.
Why do I need to verify my identity?
Identity verification is required by Nigerian law and our regulatory obligations. It ensures that all users are genuine Nigerian residents aged 18 and above, protects the platform from fraud and money laundering, and keeps the community safe and trustworthy for everyone.
What documents do I need to verify my account?
You will need either your:
NIN (National Identification Number), or BVN (Bank Verification Number)
These are used solely for identity and age verification purposes. Your information is encrypted and stored in compliance with the Nigeria Data Protection Act (NDPA).
How long does verification take?
In most cases, verification is completed instantly. In rare cases where manual review is required, it may take up to 24 hours. You will be notified by email once your account is verified.
Can I have more than one account?
No. Each user is permitted one account only. Creating multiple accounts is a violation of our terms of service and may result in permanent suspension of all associated accounts and forfeiture of funds.
Trading Questions
How do I place a trade?
1. Browse available markets on the Markets page 2. Select an event you want to trade on 3. Choose YES or NO based on your prediction 4. Enter the amount you want to trade 5. Confirm your trade it's that simple
What does the market price mean?
The market price represents the crowd's current best estimate of the probability that an event will occur. For example, if YES shares are trading at ?65, the crowd collectively believes there is approximately a 65% chance the event will happen. Prices shift in real time as more people trade.
Can I exit a trade before the event is resolved?
Yes. You can sell your shares at any time before the market closes, at the current market price. This means you can lock in a profit early or cut a loss if your view changes just like a financial market.
How are markets resolved?
Every market has a pre-defined resolution source listed on its page such as official sports results databases, or other verified third-party sources. Once the event concludes and the outcome is confirmed, the market is resolved automatically. There is no human discretion involved in resolution.
What happens if an event is cancelled or inconclusive?
In the rare event that a market cannot be resolved due to cancellation, postponement beyond the resolution window, or lack of a clear verifiable outcome, the market will be voided and all traders will receive a full refund of their traded amount.
Wallet Questions
How do I fund my wallet?
Go to Wallet ? Deposit, enter your desired amount, and complete payment via Paystack using your debit card, bank transfer, or USSD. Funds are credited to your wallet instantly in most cases.
How do I withdraw my winnings?
Go to Wallet ? Withdraw, enter the amount you wish to withdraw, and provide your Nigerian bank account details. Withdrawals are processed within 13 business days.
Are there any fees on deposits or withdrawals?
Deposits are free. A small processing fee may apply to withdrawals depending on your bank and the withdrawal amount. All applicable fees are clearly displayed before you confirm any transaction.
What is the transaction fee on trades?
Trader Predict charges a 3% fee per trade. This fee is the primary way we sustain the platform. It is deducted at the time of the trade.
Is my money safe on Trader Predict?
Yes. User funds are held in segregated accounts separate from Trader Predict's operational funds, meaning your money is never used for company expenses.
Security Questions
How is my personal data protected?
Trader Predict is fully compliant with the Nigeria Data Protection Act (NDPA). Your data is never sold to third parties, and stored in line with our Privacy Policy.
What security features protect my account?
Your account is protected by password authentication, and we strongly recommend enabling two-factor authentication (2FA) in your settings. We also monitor accounts for suspicious activity and will flag or temporarily lock accounts if unusual behaviour is detected.
Does Trader Predict promote responsible trading?
Absolutely. We encourage all users to trade within their means.
What should I do if I suspect my account has been compromised?
Change your password immediately via the Forgot Password page and contact our support team at support@traderpredict.com. We will investigate and secure your account promptly.
Support Questions
How do I contact Trader Predict support?
You can reach us through any of the following:
? Email: support@traderpredict.com ? Live Chat: Available on the website and app during business hours ? Telegram: t.me/traderpredict ? Twitter/X: @TraderPredict
Our support team is available everyday.
How do I report a problem with a market resolution?
If you believe a market has been resolved incorrectly, you can raise a dispute within 48 hours of resolution by contacting support with your trade details. All disputes are reviewed against the pre-defined resolution source and responded to within 72 hours.
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