Polymarket

Overview of Polymarket

Polymarket is a prediction market platform where users trade shares based on the possible outcomes of real-world events. Instead of trading spot cryptocurrencies or perpetual futures, users buy and sell outcome shares such as "Yes" or "No" on event-based markets. These markets may cover crypto prices, sports, politics, macroeconomic releases, technology, culture, weather, and other public events.

Polymarket is built around crypto-based settlement and wallet-style account access. Users can sign up using Google, email, or a crypto wallet. Each account is linked to a wallet/profile structure, and deposits are made by selecting a supported token and blockchain network. Trading is generally conducted using stablecoin-based balances, and withdrawals are sent to an external wallet address selected by the user.

The platform uses an order-book model, where prices represent market-implied probabilities. For example, if an outcome trades at $0.40, the market is implying around a 40% probability for that outcome. If the event resolves in favor of that outcome, winning shares settle at $1, while losing shares settle at $0. This makes Polymarket different from a normal exchange because users are trading event outcomes rather than holding traditional crypto assets.

Fees on Polymarket are also different from standard maker/taker exchange pricing. Makers are not charged trading fees. Takers may pay variable fees depending on the market category and the share price at the time of execution. Some market categories may have no Polymarket trading fees, which means no rebate can be generated on those markets.

Polymarket operates globally through separate legal entities. The international Polymarket platform is not the same as Polymarket US. Polymarket US is operated separately by QCX LLC d/b/a Polymarket US and is described as a CFTC-regulated Designated Contract Market. The international platform states that it is not regulated by the CFTC and operates independently.

For HighFxRebates users, Polymarket cashback is designed to return part of the eligible trading fees. Under the HFR offer, users can receive 15% of eligible fees as cashback for the first 180 days after signing up through the HFR link. Cashback is paid weekly to the user’s HFR account and is calculated only on fees that Polymarket allows for referral or rebate credit.

How to Get Polymarket Rebates with HighFxRebates

To receive Polymarket cashback through HighFxRebates,

1. Open a new Polymarket account using the HFR referral link.
2. After registration, go to your HighFxRebates dashboard and open the Crypto Accounts section.
3. Enter your Polymarket wallet address as the account number and submit it for review.

Once the account is confirmed, eligible Polymarket fees generated within the first 180 days can qualify for 15% cashback. Cashback is calculated weekly and credited to your HFR account.

Already Have a Polymarket Account?

To receive cashback, users generally need to create a new Polymarket account through the HFR link and submit the new wallet address inside the HFR dashboard.

After the first 180-day rebate window ends, a user may create and submit a new Polymarket account through the HFR link only if this is allowed under Polymarket’s current rules. The new wallet address must be entered again as the account number so HFR can track eligible fees correctly.

Cashback is not retroactive. Rebates start only after the account or wallet address is approved.

• What are Polymarket cashback and rebates?
  Polymarket cashback through HighFxRebates allows eligible users to receive 15% of approved Polymarket fees back as cashback.
• How long does the Polymarket cashback offer last?
  The HFR cashback offer applies for the first 180 days after the user signs up through the HFR link.
• When are Polymarket rebates paid?
  Polymarket rebates are calculated weekly and credited to the user’s HFR account.
• Are rebates paid directly to Polymarket?
  No. Polymarket cashback through HFR is credited weekly to the user’s HighFxRebates account.
• Which account number should users enter?
  Users should enter their Polymarket wallet address as the account number in the HFR dashboard.
• Do all Polymarket fees qualify for cashback?
  No. Cashback applies only to eligible fees that Polymarket allows for referral or rebate credit. Some markets may have no fees, and some fee activity may not be included.
• Can the rebate rules change?
  Yes. Polymarket may change its referral, fee, or rebate rules at any time without prior notice.
• Can an existing Polymarket account receive cashback?
  Usually, users should create a new account through the HFR referral link. Existing accounts may not be trackable unless Polymarket allows them under the HFR referral structure.
• Can users create a new account after 180 days?
  After the 180-day cashback window ends, users may create and submit a new account through the HFR link only if this is allowed under Polymarket’s current rules. The new wallet address must be added again in HFR for tracking.

• What is Polymarket?
  Polymarket is a crypto-based prediction market platform where users trade outcome shares on real-world events.
• Is Polymarket a crypto exchange?
  Polymarket is not a standard crypto exchange. It is a prediction market where users trade event outcome shares, not spot crypto pairs.
• Where is Polymarket based?
  Polymarket operates globally through separate legal entities. Polymarket US is operated separately by QCX LLC d/b/a Polymarket US.
• Is Polymarket regulated?
  The international Polymarket platform states that it is not regulated by the CFTC. Polymarket US is operated separately as a CFTC-regulated Designated Contract Market.
• Does Polymarket require KYC?
  For the international platform, standard signup can be done through Google, email, or a crypto wallet. Regional restrictions and compliance checks may still apply.
• What can users trade on Polymarket?
  Users can trade prediction markets on event categories such as crypto, sports, politics, finance, economics, technology, culture, weather, and other public events.
• What are Polymarket’s trading fees?
  Polymarket uses variable taker-only fees. Makers are not charged fees. Taker fees depend on market category and share price, and some markets may have no fees.
• Does Polymarket support deposits and withdrawals?
  Yes. Users can deposit by selecting a supported token and network, and withdrawals are sent to an external wallet address.
• Does Polymarket offer API access?
  Yes. Polymarket provides developer documentation and public market data APIs.
• Does Polymarket offer mobile apps?
  Yes. Polymarket has a mobile app availability, but access and trading permissions depend on the region.
• Is Polymarket available in all countries?
  No. Polymarket restricts trading in several jurisdictions. Some countries are fully blocked, while others may be closed-only.