Polymarket Age Requirement

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Understanding the Polymarket age requirement

The current Polymarket age requirement is over 18 - this also applies to any other peer-2-peer prediction exchange in the US. There is no way to bypass this age restriction. When you use a Polymarket referral code or sign up using the banners on this page, ID verification is required before you can unlock all of the site’s features.

This includes uploading a photo ID like a drivers license, a proof of address, and taking a selfie to verify your likeness. Additionally, you have to provide other details like your date of birth and address.

After considering the Polymarket age requirement, there are other questions to ask, such as, where is Polymarket available in the US? And what devices can you use to access it? The below table provides a summary of the main pointers:

Exchange	Polymarket
Site	https://polymarket.us/
Minimum Age	18
Available States	Alabama, Alaska, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Minnesota, Mississippi, Nebraska, New Hampshire, New Mexico, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington, D.C., West Virginia, Wisconsin, Wyoming
Restricted States	Arizona, Illinois, Massachusetts, Maryland, Michigan, Missouri, Montana, New Jersey, Nevada, New York, Ohio
Accessibility	Website and mobile apps

Polymarket is available in 40 states but as you can see from the above, there are restrictions. Please be aware that due to the shifting nature of the prediction exchange industry, this could change rapidly. The simplest thing you can do is to look at the banners on this page - you should be able to use them if Polymarket is available in your region.

For accessibility, US customers can only use the US version of the desktop website. There is also a .com version, but this is the international site and not available to US residents. You can browse it to look at their available prediction markets, but you must use the US version to create an account and trade predictions.

Polymarket also has two mobile apps. The Android version has a 4.3 star rating from over 13,000 reviews, while the iOS version has a 4.6 star rating from over 60,000 reviews. Both versions give you complete access to the operator’s best prediction markets and other trading tools.

Pros and cons of Polymarket

One of the main benefits of this brand is the Polymarket fees. It does not charge maker fees, nor does it charge fees for Geopolitical predictions. Not only that, but it uses a variable formula where you pay less if your trade contracts are closer to the center mark, i.e. $0.50.

The site also has a great collection of prediction markets, including some of the best crypto predictions available. It is one of the few operators to have 5 minute and 15 minute crypto price predictions, for example. These include Bitcoin, Ethereum, Ripple, Dogecoin, and Binance Coin. You can also trade medium and long term crypto predictions like weekly, monthly, and annual price shifts.

Compared to the international site though, the US version does have a smaller selection of prediction categories. It looks like the US site and app are still being expanded, with more markets added daily. Lastly, there’s also no consistent welcome bonus at the moment. Sometimes, there is a promo code which can give new customers a $50 trading bonus, but this is not always active.

Pros

Great for crypto predictions Fair trading fees Quality website and mobile apps No payment fees

Cons

Inconsistent signup bonus Not as many predictions as the international site

Getting started at Polymarket as a US user

To trade predictions here, you need to meet the eligibility criteria, including the Polymarket age requirement. The below sections outline the simple 4 step process you can follow to make your account and place your first trade order:

Step 1 - Create a Polymarket account

Firstly, you have to register an account and this can be done with these steps:

Click the banners on this page.
Click the Sign Up button.
Choose your Polymarket sign up method (Google or Apple).
Enter the relevant details.
Complete the initial authentication.
Log in to your account.
Complete the KYC check.

Follow all the instructions, and provide all the requested information. The ID check will involve uploading ID documents. Approval should be within a few minutes provided you did everything right. However, it can take up to 24 hours so be patient.

As mentioned, Polymarket may have a signup bonus at the time you create your account. You can look at the Polymarket bonus banners on this page and they should reveal if there is one, and any associated promo code.

From previous testing, if there is a signup offer, it will usually include some type of trading bonus. For example, in the past, there has been a $50 trading bonus, and all you had to do to get it was sign up and make a $10 first deposit.

If there is a bonus, click the banners here and follow the instructions before you sign up. For any trading bonus you might get, the actual bonus itself is typically non-withdrawable, and you will just get to keep any returns you make from the trades.

Step 3 - Deposit funds into your account

Polymarket accepts ACH Bank Transfer, debit cards, credit cards, Apple Pay, and Wire Transfer for deposits and withdrawals. You should also be able to link your crypto wallet and make payments using 5+ different cryptocurrency tokens. The brand does not charge payment fees for deposits and withdrawals. But, there can be gas fees depending on the crypto wallet you use so always check this before making a payment.

If you want to trade predictions at Polymarket, you must deposit funds into your account. Provided that you’ve done the ID verification, you should have no issue with this. It’s a case of selecting your deposit method, entering the deposit amount, and entering the payment details. Deposits should be processed instantly where the payment provider allows it.

Step 4 - Place your first trade order

You have a verified account, and some deposited funds. It’s now time to execute your first prediction trade. Polymarket US offers the following prediction categories:

Sports.
Politics.
Crypto.
Weather.
Tech.
Culture.
Economy.

For each of these, it has a range of sub categories and prediction types which are listed in the below table:

Polymarket Prediction Category	Sub-Categories/Examples
Sports	NFL, MLB, NBA, Tennis, Golf, Cricket, Rugby, Soccer, Table Tennis, MMA
Politics	US Midterms, Presidential Elections, International Elections
Crypto	15 minute and hourly price predictions, one-time predictions
Weather	Daily high temperatures for notable cities like Miami and Chicago
Tech	AI model rankings, AI releases, IPO releases
Culture	TV ratings, Video game charts, New game releases, Nobel Peace Prize Winner
Economy	Fed Decisions, Company Valuations, Leadership positions, Owner net worth

To make a trade, you simply have to select the prediction event, and click the relevant yes or no trade contract. Next, enter the number of trade contracts you wish to purchase, and review the trade. You can then execute it and wait for the order to be fulfilled. Be aware that your order may not be fulfilled. Polymarket is a peer-2-peer exchange which means that you are relying on other users taking your orders.

The base value for trade contracts at Polymarket is $1.00. However, the trade contract prices range from $0.01 to $0.99. If you hold your trade contracts for a prediction and they settle-in-the-money. It means you got the prediction right, and you’ll get a $1 return for each one.

However, if you hold your trade contacts and they settle out-of-the-money, it means you got the prediction wrong. In this case, you get a $0 return. Polymarket does not charge fees on settled trade contacts, whether they settled in or out of the money.

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Browse popular Polymarket prediction markets

To recap - the Polymarket age requirement is 18. You must also live in the US, and be a resident of one of the 40 available Polymarket States. If you are eligible, you can click the banners on this page and go through the sign up process.

Lastly, before you can start trading predictions, you will need to complete the verification and authentication steps. With all those things completed, you can deposit funds, and browse the 6+ prediction categories this P2P prediction exchange offers. Ready to see what’s on offer? Click the banner on this page to get started.

Polymarket age requirement FAQs

Does Polymarket require verification?

Yes. If you want to create a Polymarket account in the US you must complete multiple verification processes. This can include initial email/SMS 2FA, plus a full KYC check. Some of the exchanges features will be locked until your profile and ID verification are complete so it’s a wise idea to do these steps as soon as you’ve created an account.

Is Polymarket legit?

Yes. Polymarket operates with regulatory oversight from the CFTC (Commodity Futures Trading Commission). Also, it has complete transparency for its prediction markets, a clear fee structure, and great website and app security.

What are the Polymarket trading fees?

Polymarket has a variable take fee formula which is based on the value of your trade contracts. The closer the trade contract price is to 50 Cents, the smaller the taker fee is. Additionally, Polymarket does not charge fees for Geopolitical predictions, and it currently doesn’t have any maker fees. Deposits and withdrawals should also not incur fees, but there can be crypto gas fees depending on your wallet provider.

Can you access Polymarket from outside the US?

If you are a US resident, and you are traveling outside of the US, but you have a Polymarket account, you should not be able to access it and make trades. As far as research shows, you must be physically in the United States to use your Polymarket account.