# PUNCH

## English

- [What Are Prediction Markets?](https://docs.punch.win/about/readme.md)
- [PUNCH.WIN](https://docs.punch.win/about/punch-win.md)
- [Wallet Setup](https://docs.punch.win/getting-started/wallet-setup.md)
- [Place Your First Trade](https://docs.punch.win/getting-started/first-trade.md)
- [Deposit & Withdraw USD](https://docs.punch.win/getting-started/get-usd.md)
- [Referral](https://docs.punch.win/getting-started/referral.md)
- [$BILL (BILLIONS)](https://docs.punch.win/getting-started/bill-token.md): $BILL is a trading currency of PUNCH.WIN. All trades, fees, settlements, and rewards are denominated in $BILL.
- [Roadmap](https://docs.punch.win/getting-started/phase3-preview.md)
- [Essentials](https://docs.punch.win/trading/trading.md)
- [Markets](https://docs.punch.win/trading/trading/market-types.md)
- [BTC 1-Min Prediction](https://docs.punch.win/trading/trading/btc-1min.md)
- [Order Types](https://docs.punch.win/trading/trading/order-types.md)
- [Buy & Sell](https://docs.punch.win/trading/trading/buy-sell.md)
- [Split & Merge](https://docs.punch.win/trading/trading/split-merge.md)
- [Redeem](https://docs.punch.win/trading/trading/redeem.md)
- [Portfolio](https://docs.punch.win/trading/trading/portfolio.md)
- [CLP](https://docs.punch.win/market-structure/clp.md)
- [System Design](https://docs.punch.win/market-structure/market-structure.md)
- [Settlement](https://docs.punch.win/market-structure/market-structure/settlement.md)
- [Orderbook](https://docs.punch.win/market-structure/market-structure/orderbook.md)
- [Fees](https://docs.punch.win/market-structure/market-structure/fees.md): Learn how PUNCH.WIN calculates taker fees, which actions are fee-exempt, and how 50% of fees are redistributed to makers.
- [Maker Rebate](https://docs.punch.win/market-structure/market-structure/maker-rebate.md): 50% of Taker fees are automatically redistributed to Makers to strengthen Orderbook liquidity.
- [FAQ](https://docs.punch.win/support/faq.md)
- [Terms of Service](https://docs.punch.win/support/terms-of-service.md)
- [Changelog](https://docs.punch.win/support/changelog.md)