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Polymarket

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4.3
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Polymarket is a prediction-market platform that historically allowed users (including those outside the U.S.) to trade outcomes of events in politics, culture, and other domains, using stablecoins or crypto.

After facing regulatory restrictions in the U.S. in 2022 (including a settlement with the CFTC and being blocked from serving U.S. customers) for offering unregistered derivatives, Polymarket in July 2025 acquired QCEX (QCX LLC and its associated clearinghouse), a derivatives exchange and clearinghouse licensed by the CFTC, for US$112 million.

That acquisition provides a path for Polymarket to legally return to the U.S. market under a regulated framework, and Polymarket is now able to legally operate in a number of US states. 

Polymarket offers a welcome bonus in the form of a $25 trading bonus when new users deposit an initial $10 or more. Terms and conditions apply:

18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading involves high risk and may result in loss of your entire investment. See polymarket.us/tos for more information. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated derivatives exchange and clearing organization.

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Overall Rating
4.3
Based on 3 Reviews
Positive
3 (100%)
Mixed
0 (0%)
Negative
0 (0%)

3 User Reviews

  1. G
    graham_b Unverified
    1 Review
    5.0/5
    A prediction market that keeps things refreshingly simple

    Polymarket feels different from the sportsbooks and crypto casinos I normally use. The layout is simple, without bright colours or huge promotional banners, and I can find an event and check the current odds without digging through menus. I like the variety of markets, from politics and crypto to weather and breaking news. I sometimes check the prices even when I’m not planning to trade, just to see what the market thinks will happen.

    The chats and relevant news feeds on some events give me more context before taking a position. Getting used to the Yes/No contracts and Buy/Sell options took a little adjustment, but once I understood how the prices worked, I found it straightforward. The clean interface and range of markets are what keep me coming back.

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  2. J
    josh_k Unverified
    3 Reviews
    4.0/5
    great support but some setup hoops

    Polymarket is the bees knees! You can buy and sell predictions here on pretty much any IRL event you can think of – from politics and economics, to if it’ll rain in NYC next week. This is the first prediction trading site I’ve used tbf, but I’m really happy so far – especially with Polymarket’s friendly support staff.

    As other Polymarket reviews have said, there are a few hoops to jump through to get started at first. Mainly location and ID checks and stuff. But once I was in nobody ever bothered me again. Plus I got a $20 trading bonus when I dropped my first $10 deposit – which is sick because I’ve heard Kalshi and other prediction apps don’t have any bonuses.

    The main reason I rate the site so highly is customer support. I reached out on day one of trading cuz I didn’t really get the rules about how event contracts settle. If you’re on the Polymarket app like I am, live chat is the easiest option for getting answers – staff have always replied to me instantly, and they’re really good at walking you through stuff if you don’t get the jargon.

    Generally it’s all very beginner friendly though – I LOVE the color coded yes and no buttons on the binary contracts. And the graphs tracking up/down prices are easy to read, too.

    If you’re gonna give it a go I’d suggest reading Polymarket’s “What is a Prediction Market” guide before you start, then asking live chat if you don’t understand anything. I didn’t realize that prices and percentages were the same at first, which was a bit of a learning curve the first time I traded.

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  3. B
    ben_miller Unverified
    3 Reviews
    4.0/5
    good verification speed but high fees

    I’ve been on Polymarket a lot recently. It’s a prediction market app where you trade event contracts against other traders through an order book. Winning contracts settle at $1 and losing ones at $0, and you can sell your position before the event settles – nothing out of the ordinary here folks.

    I signed up through Apple, verification went through Socure and I was approved within a few hours with no documents needed. Some people do get asked for ID or hit a manual review that takes a day or two though, also pretty standard so no complaints.

    I put in $10 to qualify for the $20 trading credit bonus, but you have to use it as trading collateral and the funds only release after your position settles or gets liquidated. Their fees can vary based on contract price and quantity, and are highest around the $0.50 mark, but the order preview shows you exactly what you’ll pay before you confirm the contract.

    Markets, prices and orders are all easy to find in the app with the profit and loss display on each contract showing exactly where you stand before you commit. You can also sell a contract before settlement, and I’ve been using that feature a lot.

    I’d recommend getting your verification done before depositing, making sure your bonus is showing before you fund your account, reading each market’s resolution rules and checking the order preview for fees. I’d definitely use Polymarket again because their overall model and the ability to exit early give you more control than most prediction market sites I’ve tried.

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