While we wait for the Polymarket promo code to go live, you can sign up with the Kalshi promo code instead!
Polymarket is the next big prediction market app to launch in the U.S. It claims to be the biggest in the world and will soon be fully available for Americans to make trades on sports, politics, culture & other markets. Though Polymarket failed to fully launch its app in the U.S. by the end of 2025, it’s still in beta testing for Americans.
FantasyLabs will let you know as soon as the platform fully goes live; we’ll also post the Polymarket promo code right here so you can sign up and claim a new-user offer.
Polymarket Trading Now Open to US Users for Beta Testing
Polymarket is launching on a limited basis in the U.S., starting in November 2025. The app is available to both iOS and Android users, though you can only start trading once you get access via the waitlist.
The FantasyLabs team got a first look and noticed that only sports markets are initially available. The app is relatively barebones, but that’s expected for beta testing. We were able to make trades on single-game outcomes for college football, NFL, NBA, college basketball, and NHL.
The event contracts list American odds, which make the trades feel familiar to anyone who’s bet on sports before. If you prefer, you can switch to Percent or Price views.
Regardless, once you pick a side and enter the amount you want to purchase, Polymarket clearly lists the payout (including $0 in fees to match the global fee-free system).
As Polymarket continues to roll out its U.S. operations, more markets will become available (including those related to crypto, tech, and politics).
Is There a Polymarket Promo Code?
No Polymarket promo code is available yet, but FantasyLabs will share it as soon as it becomes available. Once it rolls out, new users can enter the promo code at signup to unlock a trading bonus.
| ⭐ Polymarket Promo Code | Coming soon! |
| 💰 Polymarket Signup Offer | Coming soon! |
| 📍 Expected States | All 50 states + DC except for AR, AZ, CT, IL, LA, MA, MD, MI, NV, and OH. |
| 📝 Terms | Expected 18+ in most states. Full terms will apply. |
| 🎯 Info Last Verified by FantasyLabs | January 2026 |
Polymarket Promo Code Terms & Conditions
Polymarket isn’t live in the U.S. yet, as it still has to cross some regulatory hurdles. The operator recently acquired the regulated & licensed derivatives exchange QCEX to facilitate its re-launch in the U.S. And with approval from the Commodity Futures Trading Commission (CFTC), Polymarket and its promo code should be live in no time.
Expected terms and conditions for the Polymarket promo code include:
- 18+ in most states (might be 19+ or 21+ depending on state rules)
- Users must be in a legal Polymarket state and new to the platform
- The promo code may come with deposit and/or trade requirements
- You may have to place your first trade on a specific market to qualify
- Bonus funds may expire within 7-30 days of receipt
Remember: These terms are merely speculation based on promos we’ve seen from other prediction market platforms—FantasyLabs will post full Polymarket details at launch.
How to Enter the Polymarket Promo Code
Once Polymarket and its promo code are fully live in the U.S., you can claim the bonus offer by following these steps:
- Use the links on this page (once available) to go to the Polymarket website or download the mobile app.
- Choose a signup option, whether it’s registering with an existing Google or Apple account, via your email address, etc.
- Enter the promo code (once available) when prompted.
- Fund your account by linking a crypto wallet.
- Choose a market and buy the number of contracts you want.
Other Polymarket Promos
Because Polymarket isn’t live in the U.S. yet, its other promos also remain to be seen.
However, we’re expecting its Liquidity Rewards program to be available to American users. The program is a fun way to earn rewards daily by placing limit orders that keep the market lively.
The closer your orders are to the average market price, the more you can earn, especially if your orders are larger and well-priced. When your earnings reach at least $1, you’ll automatically get paid at midnight UTC. And you can track your rewards progress anytime on the Polymarket Rewards page.
What Is Polymarket?
Founded in 2020, Polymarket is a blockchain-powered prediction market where users trade on the likelihood of real-world events. This decentralized structure allows for transparent, community-driven pricing rather than traditional bookmaker odds.
Unlike sportsbooks where the house sets the lines, Polymarket’s odds are determined by market activity, meaning prices shift as users buy and sell positions. It’s similar to how prediction markets at Robinhood and Crypto.com operate.
How Polymarket Works
Here’s how Polymarket will work once it relaunches in the U.S.:
- Users choose an event and buy shares in a specific outcome (e.g., “Team A wins the championship”).
- The price of a share represents the market’s collective belief in that outcome.
- If you’re right, you receive $1 per share, including your initial investment and profits.
This method makes Polymarket different from sportsbooks, offering a more community-driven approach to sports forecast.
Secure and Reliable Transactions
Polymarket’s blockchain-based system ensures secure and reliable transactions.
Users can trust that their funds are safe and that their transactions are processed quickly, with the platform’s secure wallets making it easy to manage funds.
Is Polymarket Legal in the U.S.?
Yes, Polymarket is currently legal in the United States. You can download the app early and start trading if you sign up for the waitlist—keep an eye out for the exclusive text.
The operator was previously accused of running an unregistered trading platform for derivatives but has since gotten CFTC approval. It’s regulated at the federal level rather than the state level, unlike the top DFS sites and sportsbooks.
The app will fully launch in the near future—stay tuned for updates from FantasyLabs!
Polymarket & Sports Prediction
Polymarket started as a general prediction market but has recently expanded into sports betting-style trading. And while it’s still growing in the sports forecast space, it offers competitive odds and lower fees compared to traditional sportsbooks.
How Does Trading on Sports Work?
Unlike standard sportsbooks where odds are fixed by bookmakers, the platform’s sports predictions work on a market-based system. For example:
- If 32% of users believe Team A will win, a share costs $0.32.
- If Team A wins, you receive $1 per share (your stake + profit).
This method allows traders to set the odds dynamically rather than relying on sportsbooks.
Note: Trading fees will also apply.
What Sports Are Available at Polymarket?
Polymarket continues to expand its sports markets, with over 20 different sports and leagues represented. The most popular sports on Polymarket are:
- NFL (American football)
- NBA (Basketball)
- MLB (Baseball)
- English Premier League (Soccer)
- College Football
- Formula 1, UFC, Champions League, and more
Right now during beta testing, U.S. Polymarket users are limited to single-game markets on the NFL, NBA, NHL, and college football & basketball.
You can also trade on sports using the Manifold Markets promo code, a bonus at a social exchange that’s widely available in the US.
What Other Events Can You Predict on Polymarket?
While it’s what we’re primarily interested in here at FantasyLabs, Polymarket isn’t just for sports.
It also lets users predict the outcomes of political, cultural, and financial events. Popular markets include:
- U.S. Presidential Elections
- Cryptocurrency price predictions
- Box office success of major movies
- Award winners (e.g., Oscars, Grammys)
Because it operates on real-world probabilities, Polymarket gives a unique way to engage with various current events, which is a relatively new concept. It’s similar to other exchanges like Smarkets list their event contracts.
Remember: Beta testing in the U.S. is currently limited to sports, but these other markets will become available as Polymarket continues its American rollout.
Polymarket Banking & Deposits
Since Polymarket only supports cryptocurrency transactions, users must use USDC (a stablecoin) to fund their accounts. Here’s how to deposit on Polymarket:
- Set up a crypto wallet
- Purchase USDC via credit card, bank transfer, or exchange
- Transfer USDC to your Polymarket account to start trading
Unlike traditional sportsbooks, there are no direct bank withdrawals, so users must convert winnings back to fiat currency via crypto exchanges.
Another alternative to Polymarket is the top DFS apps, which are legal in the majority of states.
Polymarket Promo Code: Responsible Trading
Whether you’re trading with the bonus funds you get from the Polymarket promo code or your own USDC, it’s important to practice responsible trading.
Here are some of our tips:
- Never risk more than you can afford to lose.
- Take breaks if trading becomes stressful.
- Seek help if you struggle with addiction.
Responsible gambling resources can help you keep your trading in check. Call 1-800-GAMBLER for professional support. Or, visit GamTalk.org or attend an in-person Gamblers Anonymous meeting.
Polymarket Customer Support
Support is available via email: [email protected]. The team is knowledgeable and helpful, and can provide users with the latest information on promotions and deals. Plus, users can contact the support team through the platform’s website or through their email newsletters.
However, Polymarket lacks live chat or phone support, which can be a downside for users who need quick assistance.
Fees and Taxes at Polymarket
On a global level, Polymarket has 0% trading fees. It makes money via Polygon network gas fees and potential revenue from data/new market creation.
In the U.S., expect a 0.01% taker fee. This fee is still relatively small compared to other prediction markets such as Kalshi and Coinbase.
You should also be aware of transaction fees that may apply when using cryptocurrency wallets or converting assets.
As for taxes, profits from Polymarket are taxable income in most jurisdictions. It’s always a good idea to track your winnings and consult a tax professional for guidance on reporting earnings.
Pro Tip: Keeping records of transactions and withdrawals can help simplify tax reporting at the end of the year.
Even if you play at a social exchange like Verse Picks, you’ll have to report your winnings, so don’t try to get around it at Polymarket.
Latest Polymarket News & Timeline
Polymarket was considered an offshore predictions market in the US for a few years, but that has all changed.
Here’s a timeline of Polymarket’s legal battles and gradual return to the US:
- 2020: Polymarket was founded and became available to US users.
- 2022: Polymarket exited the US market after the Commodity Futures Trading Commission (CFTC) deemed it an unregistered derivatives trading platform and fined it $1.4 million.
- July 2025: Polymarket acquired QCX LLC for $112 million, an acquisition that allows the prediction market to re-enter the U.S. market by using QCX’s CFTC license.
- August 2025: 1789 Capital, a venture capital firm with Donald Trump Jr. on its advisory board, finalizes a multi-million dollar investment into Polymarket.
- October 2025: Intercontinental Exchange (ICE), owner of the New York Stock Exchange (NYSE), announced a $2 billion investment into Polymarket, which values the app at about $8 billion. Additionally, Polymarket started supporting Bitcoin to expand past other cryptocurrency offerings (Ethereum, Polygon, Solana).
- November 2025: A partnership is announced between Polymarket and PrizePicks.
- November 2025: Polymarket rolls out beta testing in the U.S.
The ICE-Polymarket partnership is particularly significant because it marks the first major collaboration between a traditional financial giant and a decentralized prediction market, signaling mainstream acceptance of blockchain-based forecasting tools.
It also gives Polymarket access to ICE’s vast institutional network and data infrastructure, positioning it for broader adoption and regulatory legitimacy.
See how Polymarket’s evolution compares to that of other prediction markets, including DraftKings Predictions & SI Predict.
Final Thoughts: Should You Use Polymarket?
With competitive pricing and fees, Polymarket offers its users transparency and a growing list of markets. A full rollout and promo code should be available soon so you can evalaute for yourself, but here’s an expert determination of Polymarket’s pros and cons:
Pros:
- Competitive contract prices & low fees
- Wide range of event markets
- Transparent, CFTC-regulated platform
Cons:
- Requires cryptocurrency for trading
- Limited customer support
If you’re looking for an alternative to sportsbooks, Polymarket offers a unique way to engage with real-world events.
Interested in other prediction market exchanges? Check out the Fanatics Markets promo code.
Polymarket Promo Code FAQs
We’ve covered a lot about Polymarket and its promo code situation, but we know you may still have some questions. Below, we’ve answered the most common inquiries to help you better understand the platform.
What is the Polymarket promo code?
No Polymarket promo code is available yet—stay tuned, as one may be posted here when the platform fully launches in the U.S.
What is Polymarket?
Polymarket is a cryptocurrency-based prediction market, allowing users to trade on the outcomes of real-world events. Event contracts range from sports and politics to entertainment and financial trends. Prices fluctuate based on market activity, a mechanism that helps both sides remain balanced in terms of payout. You can buy and sell contracts through an event’s settlement to lock in profits or mitigate losses.
Is Polymarket legal in the US?
Yes, Polymarket has approval from the CFTC but isn’t live yet. Polymarket operates as a prediction market, which U.S. regulators classify certain types of event trading as derivative trading. You can download the app now for early access via the waitlist.
Is Kalshi better than Polymaket?
Both platforms offer prediction-based trading. Kalshi’s main advantage for US users is that it’s available for use, but Polymarket isn’t up and running yet. Kalshi also has a larger trading volume, though Polymarket has a wider variety of global events.
Can I trade on sports with Polymarket?
Yes! Polymarket offers a growing selection of sports markets, including NFL, NBA, MLB, English Premier League, Champions League, Formula 1, UFC, and boxing.
Does Polymarket have a rewards program?
Yes! Although there isn’t a Polymarket promo code, the platform offers a daily rewards system, allowing users to earn incentives based on trading activity. Here’s how it works:
- Users who place orders on selected prediction markets may qualify for rewards.
- The exact structure varies, but active users can benefit from ongoing promotions.
If you’re interested in DFS rather than a trading exchange, the Underdog signup bonus is the way to go.
