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Polymarket US: is Polymarket legal in the US?
Facts checked September 24, 2026 against Polymarket's own documentation, regulator records and news reports · numbered sources below
Yes, through Polymarket US: a separate app run by QCX LLC, a CFTC-designated contract market and clearing organization that Polymarket bought in 2025, trading in US dollars [1][2][3]. US residents cannot use the international Polymarket.com, and the two accounts are not connected [4]. Takers pay 0.0695 x contracts x p x (1-p), at most $1.74 per 100 contracts at 50 cents, and makers get a rebate [5].
What Polymarket US is
- Polymarket US is operated by QCX LLC (d/b/a Polymarket US), a CFTC designated contract market, with Polymarket Clearing (QC Clearing LLC) as the clearing organization [2][1]
- Polymarket announced on July 21, 2025 that it had bought QCEX, the exchange and clearinghouse behind it, for $112 million [3]
- The CFTC approved an amended order in November 2025 that lets brokerages and futures commission merchants connect to the platform [6]
- The iOS app opened to waitlisted users from December 2025, starting with sports markets [7]
Who can use it
- Users must be at least 18 (older where local law requires) and pass identity, anti-money-laundering and sanctions checks [2]
- Sign-up collects your name, date of birth and address and can ask for a government ID and a selfie; you must finish verification before depositing or trading [8]
- Polymarket's help center lists the app on iPhone, with Android coming soon (June 2026) [4]
- A Nevada judge blocked Polymarket's sports contracts in Nevada with a temporary restraining order on January 29, 2026 [9]
Fees
- Takers pay 0.0695 x contracts x p x (1-p), at most $1.74 per 100 contracts at a 50-cent price, under the schedule in force since September 25, 2026 [5]
- Makers receive a rebate of 0.0125 x contracts x p x (1-p) [5]
- Withdrawals are free [10]
Deposits and withdrawals
- Fund with a debit card or ACH bank transfer (each up to $50,000 a day) or by wire ($1,000 minimum), from accounts in your own name [11]
- Withdrawals go back to the original funding source once deposits have cleared, typically 3 to 4 business days for card and ACH [10]
Markets, limits and settlement
- Markets cover sports (NFL, NBA, NHL, MLB, MLS, college sports, tennis, golf and more), politics, crypto, economics, weather, tech and culture [1]
- Polymarket US sets no trading size limits; orders fill only against matching orders on the book [12]
- The exchange resolves markets from the sources listed in each market's rules; winners settle at $1.00 and losers at $0.00, and resolutions are final [13]
How it differs from Polymarket.com
- Polymarket.com is the international site, which says it is not regulated by the CFTC [14]
- Polymarket.com uses pUSD, a token backed 1:1 by USDC on Polygon, and crypto deposits; Polymarket US uses US dollars [15][16][1]
- Polymarket.com charges takers shares x rate x p x (1-p) with a rate from 0 to 0.07 by category and resolves markets through the UMA oracle [17][18]
- In 2022 the CFTC fined Polymarket's operator $1.4 million for offering unregistered event contracts to US users [19]
Polymarket odds right now
Where it is available, state by state with dated sources: is Polymarket legal in your state?
Compare with other US options: Polymarket alternatives · Polymarket vs Kalshi · vs Robinhood · vs PredictIt. Country by country: where Polymarket is available.
Frequently asked questions
Is Polymarket legal in the US?
US residents can trade through Polymarket US, a CFTC-designated contract market run by QCX LLC; they cannot use the international Polymarket.com. State rules can still limit some markets, for example a Nevada court order blocked Polymarket's sports contracts there in January 2026. [1][4][9]
What are Polymarket US fees?
Takers pay 0.0695 x contracts x p x (1-p), at most $1.74 per 100 contracts at 50 cents; makers get a rebate of 0.0125 x contracts x p x (1-p); withdrawals are free. [5][10]
Can I use my Polymarket.com account in the US app?
No. Polymarket says US residents must use the separate Polymarket US app and the accounts are not connected. [4]
How do I deposit on Polymarket US?
By debit card or ACH (up to $50,000 a day each) or by wire from $1,000, from accounts in your own name; withdrawals return to the same source. [11][10]
Sources
- Polymarket US: What is Polymarket US (accessed 2026-09-24)
- Polymarket US terms of service (effective 2025-09-25)
- Polymarket acquires QCEX (PR Newswire) (2025-07-21)
- Polymarket help: website vs app (2026-06-25)
- Polymarket US fee schedule (effective 2026-09-25)
- Polymarket receives CFTC approval of amended order (PR Newswire) (2025-11-25)
- CoinDesk: Polymarket launches US app (2025-12-03)
- Polymarket US: sign up (accessed 2026-09-24)
- The Nevada Independent: judge sidelines prediction market (2026-02-04)
- Polymarket US: withdrawals (accessed 2026-09-24)
- Polymarket US: fund your account (accessed 2026-09-24)
- Polymarket US: trading limits (accessed 2026-09-24)
- Polymarket US: market resolution (accessed 2026-09-24)
- Polymarket.com site footer (accessed 2026-09-24)
- Polymarket help: exchange upgrade of April 28, 2026 (2026-07-17)
- Polymarket docs: supported deposit assets (accessed 2026-09-24)
- Polymarket help: trading fees (2026-07-10)
- Polymarket docs: resolution (accessed 2026-09-24)
- CFTC order against Blockratize (Polymarket), 2022 (2022-01-03)
Polymarket View is independent and not affiliated with Polymarket. Rules, fees and availability change; check Polymarket US before you sign up. Educational information, not legal or financial advice.