How does Polymarket work?
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Join Polymarket for a variety of predictions markets
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Look out for for Polymarket daily rewards
Polymarket is an online prediction market where you can trade contracts based on real-world events. Each one has two possible outcomes: Yes or No. If you think something will happen, you buy Yes contracts. If you think it won’t, you buy No contracts.
Each contract trades between $0.01 and $0.99, and the price reflects the market’s belief about the likelihood of the outcome. When more traders buy a specific outcome, its price rises, which signals a higher implied probability. If traders lose confidence in the outcome, the price drops.
After you buy a contract, you can either hold it until the event is settled, or sell it before it ends to lock in profits or cut losses. If you hold a winning contract through settlement, it pays out $1. Losing contracts pay $0. This system is what people often refer to as
prediction markets, since Polymarket offers tradable event contracts instead of wagers.
Currently, there are no Polymarket promo codes available for users in the United States. This is because Polymarket blocked access for US users in 2022, which means bonuses aren’t being offered in the US at this time.
The good news is that Polymarket has confirmed plans to return to the US market. While there’s no official date yet, the relaunch is expected in the near future. When Polymarket becomes available again, it’s possible that new users will receive a welcome bonus, which could include bonus credits for trading. A
Polymarket referral bonus
is also a strong possibility.
However, no details have been confirmed, so I don’t yet know if a promo code will be required, what the offer might include, or whether a bonus will be available at all.
How to get notified about Polymarket bonus codes and launch details
If you want to be among the first to know when Polymarket officially relaunches in the US (and whether a promo code or welcome offer comes with it), there are a couple of ways to stay informed:
Join the waitlist
Polymarket offers a waitlist on its website specifically for US updates. To join:
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Visit the Polymarket website.
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Click the USA flag at the top of the page.
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Enter your mobile phone number in the box provided.
Once you’ve joined the waitlist, you’ll automatically receive notifications about the launch date, plus any bonus offers or promo codes that may come with it.
Check the banners on this page
The banners on this page are updated regularly with any new bonuses or promo codes you can claim. As soon as a Polymarket offer goes live, the details will be shown clearly in the banners, including any promo codes that may be required. Bookmark this page and check back occasionally so you don’t miss out.
Polymarket hasn’t confirmed whether a welcome bonus will be offered to new US users after its relaunch, or if a promo code will be required, so the exact process is still unclear.
What is clear, though, is that you’ll need to create an account first, and a promo link or code may be required at some point during signup or when depositing funds. Here’s what the process will likely look like:
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Click the promotional link:
Once Polymarket launches its bonus, an official link will appear in the banners on this page. Click the link to get started.
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Start creating your account:
Hit the “Sign Up” button in the top-right corner of the homepage to begin registration.
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Choose how you want to sign up:
You can register using your email address, your Google account, or by connecting a crypto wallet like MetaMask, Phantom, or Coinbase.
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Verify your email (if necessary):
If you sign up with an email address, Polymarket will send you a six-digit code. Enter that code to verify your email.
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Finish setting up your account:
Pick a username (you can change it later) and confirm that you agree to the Terms of Use. Click “Continue” to finish setting up your account.
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Redeem the promo code:
Polymarket hasn’t confirmed where promo codes will be applied. You may need to enter it during registration, on the dedicated rewards page, or when depositing funds.
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Make crypto predictions at Polymarket
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Check out market promotions on the Polymarket app
The Liquidity Rewards program
There are currently no confirmed Polymarket promo codes, but one thing is confirmed: US users will benefit from Liquidity Rewards. This program pays you for placing orders that help markets run smoothly.
When you post limit orders near the market’s fair value, you make it easier for others to trade with tighter spreads. Polymarket rewards you for providing this liquidity.
You receive liquidity rewards based on two factors:
🛒 How useful your order is:
The closer your limit order is to the market’s midpoint price, the more useful it is. Orders within the highlighted “max spread” area on the order book qualify for rewards, and those closest to the midpoint receive the most.
💧 How much liquidity you provide:
Rewards are distributed proportionally based on how much liquidity you’re providing relative to everyone else. Bigger orders that sit close to fair value are more useful to the market, so they receive larger rewards.
Once your order qualifies, you’ll see a blue highlight around the clock icon confirming that it’s receiving rewards. Payments are sent automatically around midnight UTC each day, and you can track them on the
Polymarket app
and website.
The bottom line
Polymarket is gearing up for its long-awaited return to the United States, and now you have a clear picture of what to expect when it does. You understand the basics of trading Yes/No contracts, how payouts are calculated, and how a potential welcome offer could be unlocked if Polymarket rolls out a promo code at launch.
There’s still no official confirmation of a bonus or promo code for US users, but you can put yourself in the best position by joining the official waitlist and checking the banners on this page for updates. Once Polymarket announces its launch details, including any possible promotions, you’ll be ready to act immediately.
And even if no promo code or welcome bonus becomes available, you’ll still have a way to get rewarded through Polymarket’s Liquidity Rewards program. This program rewards you daily for placing competitive limit orders that help improve market liquidity.
The closer your orders are to the market’s midpoint price, and the more liquidity you provide, the higher your potential rewards. Payments are calculated automatically and distributed every day at midnight UTC.
There is no confirmed promo code for Polymarket in the United States at this time. However, it’s possible that a welcome offer will be introduced when the site relaunches in the US. If a bonus is introduced, you might need to claim it through a promo link or code, which will be displayed in the banners on this page. There’s also a chance a
Polymarket referral code
could be introduced, allowing you to get rewarded for referring friends.
If a promo code is needed to claim a Polymarket bonus, it will be shown clearly in the banners on this page. You should also consider joining the waitlist. Polymarket sends SMS updates about the official release date, plus any new bonuses or promo codes that become available. You can read the full
Polymarket review
to learn more about what to expect when it goes live.
📝 How do I join the Polymarket waitlist?
To join the waitlist, go to the Polymarket website and click the USA flag icon on the homepage. You’ll be asked to enter your mobile number in the field provided. After providing your mobile number, you’ll receive notifications about the US relaunch and potential bonuses. If you’re interested in political prediction markets, the
Polymarket election markets
guide explains how election contracts work.
💰 What is Polymarket’s Liquidity Rewards program?
Liquidity Rewards pay users for placing competitive limit orders that help the markets run more smoothly. When your order sits close to a market’s fair price, it helps tighten spreads and makes trading easier for others. Polymarket tracks how competitive and how large your orders are, then distributes rewards proportionally based on your contribution. Payments are sent automatically every day at midnight UTC.
