Why we rate Polymarket
Polymarket is the biggest prediction market in the world, famous for the deepest liquidity on major events and a fee structure that often beats Kalshi on midâpriced trades. After a 2022 CFTC settlement pushed it out of the US, it has returned through its CFTCâregulated QCX exchange (“Polymarket US”). The catch for newcomers is the cryptoâfirst flow â funding runs on USDC â though the US product has simplified onboarding. Best for experienced or cryptoâcomfortable traders who want maximum market depth and breadth.
Jump to the Prediction Markets review â
What we like
- Deepest liquidity and broadest market selection (politics, sports, crypto, world events)
- Often the lowest fees â some categories are feeâfree; makers can earn rebates
- US access now via a CFTCâregulated exchange (QCX / Polymarket US)
- Fast crypto payouts (often minutes)
- Available in more states than Kalshi
What to know
- Cryptoâfirst (USDC on Polygon) â more friction for newcomers
- The separate global platform is not CFTCâregulated and blocks US users
- US regulated product is newer than Kalshi’s
- Realâmoney risk of loss
Polymarket Prediction Markets bonus & promo code
Polymarket lets you trade Yes/No event contracts across the broadest market menu in the space. US users trade on the CFTCâregulated QCX exchange. A typical newâuser offer is a $50 trading bonus after a $20 deposit. There’s no promo code needed via our link.
| Product | Yes/No event contracts; broadest market selection |
| Welcome | Typically a $50 trading bonus after a $20 deposit |
| Markets | Politics, sports, crypto, economics, world events, pop culture |
| US regulator | CFTC â via QCX LLC (“Polymarket US”), a designated contract market |
| Funding | USDC (crypto); US product offers simplified onâramps |
| Fees | Probabilityâbased taker fee (sports peak ~0.75% at 50/50); some categories feeâfree; maker rebates |
| Payouts | Crypto payouts, often within minutes |
| Age | 18+ |
How to claim the Polymarket Prediction Markets offer
Polymarket vs other prediction markets
Polymarket wins on depth, breadth and fees; Kalshi wins on USD simplicity and regulatory clarity. Crypto comfort is the deciding factor for most US traders.
| Platform | Welcome offer | Promo code | Standout |
|---|---|---|---|
| Polymarket | $50 on $20 deposit | None | Depth & low fees (crypto) |
| Kalshi | $10 after $10 traded | None | CFTCâregulated, USD funding |
| Robinhood | $5â$200 free stock | None | Allâinâone app |
| DraftKings Predictions | See sportsbook | None | DK ecosystem |
Polymarket banking, payouts & verification
| Funding | USDC on Polygon; the US (QCX) product offers simplified fiat onâramps |
| Deposit/withdraw fees | Polymarket charges none; thirdâparty onâramps (Coinbase, MoonPay) and gas may apply |
| Payouts | Crypto payouts, often within minutes |
| Fees | Probabilityâbased taker fee; some categories feeâfree; makers can earn rebates |
| US structure | Trades route through QCX LLC, a CFTCâdesignated contract market |
| Age | 18+ |
Where Polymarket is legal
Polymarket’s CFTCâregulated US exchange is open to eligible American users and is available in more states than Kalshi, including California, Texas and Georgia. State sportsâcontract challenges continue, so availability of specific markets can vary â confirm inâapp before funding. The separate global platform remains cryptoâbased and blocks US users.
Polymarket FAQ
Is Polymarket legal in the US again?
Do I need crypto to use Polymarket?
Why are Polymarket’s fees lower?
Does Polymarket offer horse racing?
Start trading on Polymarket
18+. CFTCâregulated US exchange. Trading involves risk; only trade what you can afford to lose.
21+ (18+ where noted). Gambling problem? Call 1â800âGAMBLER. agamble.com may earn a commission when you sign up through our links — this never affects our ratings. Offer terms are set by the operator and subject to change; always check the current terms inâapp.