> For the complete documentation index, see [llms.txt](https://docs.predict.fun/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.predict.fun/the-basics.md).

# The Basics

- [How Does Predict Work?](https://docs.predict.fun/the-basics/quickstart.md): Predict lets you buy and sell YES and NO shares priced on the probability of a future event. Learn how binary and multi-outcome markets work.
- [Making Your First Purchase](https://docs.predict.fun/the-basics/making-your-first-purchase.md): A step-by-step guide to creating a Predict account, depositing USDT or USDC, and making your first prediction on a market.
- [How to Earn Predict Points (PP)](https://docs.predict.fun/the-basics/how-to-earn-points.md): Learn how Predict Points (PP) are earned by providing liquidity on the order book, including reward tiers and the rules that keep rewards fair.
- [Predict Fees and Limits](https://docs.predict.fun/the-basics/predict-fees-and-limits.md): See Predict's trading fees and limits: makers pay no fee, takers pay a variable fee based on share price, and the minimum order size is 1 USDT.
- [Understanding the Order Book](https://docs.predict.fun/the-basics/understanding-the-order-book.md): Learn how Predict's order book matches YES and NO shares, the difference between limit and market orders, and how bid-ask spreads affect your trades.
- [Yields](https://docs.predict.fun/the-basics/yields.md): Learn how Yield works on Predict: open positions earn interest through Venus Protocol while a market is pending, claimable weekly from your portfolio.
- [Block Trades](https://docs.predict.fun/the-basics/block-trades.md): How Predict's block trades work: privately negotiate large trades and settle them on-chain with no slippage and no partial fills.