diff --git a/functions/src/place-bet.ts b/functions/src/place-bet.ts
index 404fda50..d98430c1 100644
--- a/functions/src/place-bet.ts
+++ b/functions/src/place-bet.ts
@@ -135,7 +135,7 @@ export const placebet = newEndpoint({}, async (req, auth) => {
         !isFinite(newP) ||
         Math.min(...Object.values(newPool ?? {})) < CPMM_MIN_POOL_QTY)
     ) {
-      throw new APIError(400, 'Bet too large for current liquidity pool.')
+      throw new APIError(400, 'Trade too large for current liquidity pool.')
     }
 
     const betDoc = contractDoc.collection('bets').doc()
diff --git a/web/components/answers/answer-bet-panel.tsx b/web/components/answers/answer-bet-panel.tsx
index ace06b6c..dbf7ff11 100644
--- a/web/components/answers/answer-bet-panel.tsx
+++ b/web/components/answers/answer-bet-panel.tsx
@@ -120,7 +120,7 @@ export function AnswerBetPanel(props: {
     <Col className={clsx('px-2 pb-2 pt-4 sm:pt-0', className)}>
       <Row className="items-center justify-between self-stretch">
         <div className="text-xl">
-          Bet on {isModal ? `"${answer.text}"` : 'this answer'}
+          Buy answer: {isModal ? `"${answer.text}"` : 'this answer'}
         </div>
 
         {!isModal && (
diff --git a/web/components/arrange-home.tsx b/web/components/arrange-home.tsx
index 2c43788c..2f49d144 100644
--- a/web/components/arrange-home.tsx
+++ b/web/components/arrange-home.tsx
@@ -112,7 +112,7 @@ export const getHomeItems = (
     { label: 'Trending', id: 'score' },
     { label: 'Newest', id: 'newest' },
     { label: 'Close date', id: 'close-date' },
-    { label: 'Your bets', id: 'your-bets' },
+    { label: 'Your trades', id: 'your-bets' },
     ...groups.map((g) => ({
       label: g.name,
       id: g.id,
diff --git a/web/components/bet-button.tsx b/web/components/bet-button.tsx
index 7d84bbc0..77b17678 100644
--- a/web/components/bet-button.tsx
+++ b/web/components/bet-button.tsx
@@ -38,7 +38,7 @@ export default function BetButton(props: {
             className={clsx('my-auto inline-flex min-w-[75px] ', btnClassName)}
             onClick={() => setOpen(true)}
           >
-            Bet
+            Trade
           </Button>
         ) : (
           <BetSignUpPrompt />
diff --git a/web/components/bet-panel.tsx b/web/components/bet-panel.tsx
index c48e92a9..1f2b9bd3 100644
--- a/web/components/bet-panel.tsx
+++ b/web/components/bet-panel.tsx
@@ -281,7 +281,7 @@ function BuyPanel(props: {
         title="Whoa, there!"
         text={`You might not want to spend ${formatPercent(
           bankrollFraction
-        )} of your balance on a single bet. \n\nCurrent balance: ${formatMoney(
+        )} of your balance on a single trade. \n\nCurrent balance: ${formatMoney(
           user?.balance ?? 0
         )}`}
       />
@@ -379,11 +379,11 @@ function BuyPanel(props: {
           )}
           onClick={betDisabled ? undefined : submitBet}
         >
-          {isSubmitting ? 'Submitting...' : 'Submit bet'}
+          {isSubmitting ? 'Submitting...' : 'Submit trade'}
         </button>
       )}
 
-      {wasSubmitted && <div className="mt-4">Bet submitted!</div>}
+      {wasSubmitted && <div className="mt-4">Trade submitted!</div>}
     </Col>
   )
 }
@@ -569,7 +569,7 @@ function LimitOrderPanel(props: {
       <Row className="mt-1 items-center gap-4">
         <Col className="gap-2">
           <div className="relative ml-1 text-sm text-gray-500">
-            Bet {isPseudoNumeric ? <HigherLabel /> : <YesLabel />} up to
+            Buy {isPseudoNumeric ? <HigherLabel /> : <YesLabel />} up to
           </div>
           <ProbabilityOrNumericInput
             contract={contract}
@@ -580,7 +580,7 @@ function LimitOrderPanel(props: {
         </Col>
         <Col className="gap-2">
           <div className="ml-1 text-sm text-gray-500">
-            Bet {isPseudoNumeric ? <LowerLabel /> : <NoLabel />} down to
+            Buy {isPseudoNumeric ? <LowerLabel /> : <NoLabel />} down to
           </div>
           <ProbabilityOrNumericInput
             contract={contract}
@@ -750,7 +750,7 @@ function QuickOrLimitBet(props: {
 
   return (
     <Row className="align-center mb-4 justify-between">
-      <div className="text-4xl">Bet</div>
+      <div className="text-4xl">Trade</div>
       {!hideToggle && (
         <Row className="mt-1 items-center gap-2">
           <PillButton
diff --git a/web/components/contract-search.tsx b/web/components/contract-search.tsx
index 0beedc1b..8e3b18e0 100644
--- a/web/components/contract-search.tsx
+++ b/web/components/contract-search.tsx
@@ -441,7 +441,7 @@ function ContractSearchControls(props: {
               selected={state.pillFilter === 'your-bets'}
               onSelect={selectPill('your-bets')}
             >
-              Your bets
+              Your trades
             </PillButton>
           )}
 
diff --git a/web/components/contract/contract-details.tsx b/web/components/contract/contract-details.tsx
index 48528029..c383d349 100644
--- a/web/components/contract/contract-details.tsx
+++ b/web/components/contract/contract-details.tsx
@@ -294,7 +294,7 @@ export function ExtraMobileContractDetails(props: {
           <Tooltip
             text={`${formatMoney(
               volume
-            )} bet - ${uniqueBettors} unique bettors`}
+            )} bet - ${uniqueBettors} unique traders`}
           >
             {volumeTranslation}
           </Tooltip>
diff --git a/web/components/contract/contract-info-dialog.tsx b/web/components/contract/contract-info-dialog.tsx
index f376a04a..ae586725 100644
--- a/web/components/contract/contract-info-dialog.tsx
+++ b/web/components/contract/contract-info-dialog.tsx
@@ -135,7 +135,7 @@ export function ContractInfoDialog(props: {
               </tr> */}
 
               <tr>
-                <td>Bettors</td>
+                <td>Traders</td>
                 <td>{bettorsCount}</td>
               </tr>
 
diff --git a/web/components/contract/contract-leaderboard.tsx b/web/components/contract/contract-leaderboard.tsx
index ce5c7da6..1eaf7043 100644
--- a/web/components/contract/contract-leaderboard.tsx
+++ b/web/components/contract/contract-leaderboard.tsx
@@ -49,7 +49,7 @@ export function ContractLeaderboard(props: {
 
   return users && users.length > 0 ? (
     <Leaderboard
-      title="🏅 Top bettors"
+      title="🏅 Top traders"
       users={users || []}
       columns={[
         {
diff --git a/web/components/contract/contract-tabs.tsx b/web/components/contract/contract-tabs.tsx
index 417de12b..40fa9da0 100644
--- a/web/components/contract/contract-tabs.tsx
+++ b/web/components/contract/contract-tabs.tsx
@@ -116,13 +116,13 @@ export function ContractTabs(props: {
             badge: `${comments.length}`,
           },
           {
-            title: 'Bets',
+            title: 'Trades',
             content: betActivity,
             badge: `${visibleBets.length}`,
           },
           ...(!user || !userBets?.length
             ? []
-            : [{ title: 'Your bets', content: yourTrades }]),
+            : [{ title: 'Your trades', content: yourTrades }]),
         ]}
       />
       {!user ? (
diff --git a/web/components/play-money-disclaimer.tsx b/web/components/play-money-disclaimer.tsx
index 6ee16c1e..a3bda242 100644
--- a/web/components/play-money-disclaimer.tsx
+++ b/web/components/play-money-disclaimer.tsx
@@ -4,6 +4,6 @@ export const PlayMoneyDisclaimer = () => (
   <InfoBox
     title="Play-money betting"
     className="mt-4 max-w-md"
-    text="Mana (M$) is the play-money used by our platform to keep track of your bets. It's completely free for you and your friends to get started!"
+    text="Mana (M$) is the play-money used by our platform to keep track of your trades. It's completely free for you and your friends to get started!"
   />
 )
diff --git a/web/components/profile/loans-modal.tsx b/web/components/profile/loans-modal.tsx
index 46be649a..24b23e5b 100644
--- a/web/components/profile/loans-modal.tsx
+++ b/web/components/profile/loans-modal.tsx
@@ -11,7 +11,7 @@ export function LoansModal(props: {
     <Modal open={isOpen} setOpen={setOpen}>
       <Col className="items-center gap-4 rounded-md bg-white px-8 py-6">
         <span className={'text-8xl'}>🏦</span>
-        <span className="text-xl">Daily loans on your bets</span>
+        <span className="text-xl">Daily loans on your trades</span>
         <Col className={'gap-2'}>
           <span className={'text-indigo-700'}>• What are daily loans?</span>
           <span className={'ml-2'}>
diff --git a/web/components/resolution-panel.tsx b/web/components/resolution-panel.tsx
index fe062d06..5a7b993e 100644
--- a/web/components/resolution-panel.tsx
+++ b/web/components/resolution-panel.tsx
@@ -83,14 +83,14 @@ export function ResolutionPanel(props: {
       <div>
         {outcome === 'YES' ? (
           <>
-            Winnings will be paid out to YES bettors.
+            Winnings will be paid out to traders who bought YES.
             {/* <br />
             <br />
             You will earn {earnedFees}. */}
           </>
         ) : outcome === 'NO' ? (
           <>
-            Winnings will be paid out to NO bettors.
+            Winnings will be paid out to traders who bought NO.
             {/* <br />
             <br />
             You will earn {earnedFees}. */}
diff --git a/web/components/user-page.tsx b/web/components/user-page.tsx
index 2d4db1eb..81aed562 100644
--- a/web/components/user-page.tsx
+++ b/web/components/user-page.tsx
@@ -260,7 +260,7 @@ export function UserPage(props: { user: User }) {
               ),
             },
             {
-              title: 'Bets',
+              title: 'Trades',
               content: (
                 <>
                   <BetsList user={user} />
diff --git a/web/components/yes-no-selector.tsx b/web/components/yes-no-selector.tsx
index aaf1764e..719308bf 100644
--- a/web/components/yes-no-selector.tsx
+++ b/web/components/yes-no-selector.tsx
@@ -193,7 +193,7 @@ export function BuyButton(props: { className?: string; onClick?: () => void }) {
       )}
       onClick={onClick}
     >
-      Bet
+      Buy
     </button>
   )
 }
diff --git a/web/pages/experimental/home/index.tsx b/web/pages/experimental/home/index.tsx
index 0f02b002..fb0b488d 100644
--- a/web/pages/experimental/home/index.tsx
+++ b/web/pages/experimental/home/index.tsx
@@ -86,7 +86,7 @@ const Home = (props: { auth: { user: User } | null }) => {
                 return (
                   <SearchSection
                     key={id}
-                    label={'Your bets'}
+                    label={'Your trades'}
                     sort={'prob-change-day'}
                     user={user}
                     yourBets
diff --git a/web/pages/notifications.tsx b/web/pages/notifications.tsx
index ccfbf371..d10812bf 100644
--- a/web/pages/notifications.tsx
+++ b/web/pages/notifications.tsx
@@ -390,7 +390,7 @@ function IncomeNotificationItem(props: {
       reasonText = !simple
         ? `Bonus for ${
             parseInt(sourceText) / UNIQUE_BETTOR_BONUS_AMOUNT
-          } new bettors on`
+          } new traders on`
         : 'bonus on'
     } else if (sourceType === 'tip') {
       reasonText = !simple ? `tipped you on` : `in tips on`
@@ -508,7 +508,7 @@ function IncomeNotificationItem(props: {
           {(isTip || isUniqueBettorBonus) && (
             <MultiUserTransactionLink
               userInfos={userLinks}
-              modalLabel={isTip ? 'Who tipped you' : 'Unique bettors'}
+              modalLabel={isTip ? 'Who tipped you' : 'Unique traders'}
             />
           )}
           <Row className={'line-clamp-2 flex max-w-xl'}>