FAQ
Why do I need USDC and SOL?#
So, you’re ready to start trading on Moonopol, but you’re wondering why you need both USDC and SOL? Let’s break it down:
USDC: Your Betting Chips 🎟️#
- USDC is the currency you use to place bets and trade on Moonopol.
- Think of it like casino chips — it's the actual money you’re wagering in each market.
- When you win, your payouts are in USDC, and when you lose… well, let’s not talk about that. 😅
SOL: Your Gas Money ⛽#
- Since Moonopol runs on the Solana blockchain, every transaction (placing a limit or market order, selling shares, claiming winnings) requires a tiny fee to process.
- These fees are paid in SOL — like paying a toll for using the blockchain highway.
- The good news? Solana’s fees are super low, often less than $0.01 per transaction.
Why Can’t I Just Use one?#
- USDC is used for actual trading — buying and selling shares.
- SOL is needed for transaction fees to make sure your trades get processed smoothly.
- Without SOL, your transactions get stuck. Without USDC, you have nothing to bet with!
Final Thoughts#
Think of USDC as the cash you’re playing with and SOL as the small fee you pay to keep things running. Make sure you have a little of both, and you’ll be good to go! 🔥💰