
Polymarket is one of the leading prediction trading sites that covers a wide range of topics, from sports to business. However, many traders wonder whether they can access promotions such as Polymarket referral code offers and how to claim them.
Unfortunately, these offers don’t exist, and we will explain why in this guide. We’ll also break down the alternative promotions you can expect from this platform and how you can register to leverage them. As a bonus, we will explore how the site works and how you can prepare yourself if a referral bonus is released. So, let’s begin!
Polymarket is a prediction market site that was launched by Shayne Coplan in 2020. It gives you the chance to make trades related to future events by purchasing and selling shares or contracts.
Using the Polymarket app is very straightforward. You can buy and sell contracts that pay $1 if an event does or does not happen, depending on whether you bought a YES or NO contract.
Once the contract settles, you'll receive $1 if your contract was correct, or $0 if it wasn't. Until the contract settles, you can trade contracts to either buy into a position or cash out early. This allows you to lock in profits or reduce losses.
Since this isn’t a sportsbook, you won’t find any type of Polymarket odds on the site. However, since contract prices are determined by supply and demand, those prices often reflect what the market believes the odds or a given event to be. That collective belief may or may not match reality.
| Launch date | Launched in 2020 in the US, but stopped operations two years later due to licensing issues |
|---|---|
| Founder | Shayne Coplan |
| Legal in the United States? | Currently has legal status but is not fully relaunched |
| Fees | N/A |
Unfortunately, there is currently no Polymarket referral code available. You don’t get any unique links that you can use to invite your friends to register for an account and claim rewards.
However, Polymarket has not fully relaunched yet, as it is still in beta, which might be why no referral bonus is available. This might change when the platform fully launches, and we’ll be sure to update you on this page once a referral code becomes available.
While there’s no mention of a Polymarket referral program, the platform currently features a few confirmed alternative rewards, which we will cover below.
Polymarket will reward you with a 4% annualized holding reward depending on the total value of your position in specific markets. The platform samples your position hourly and rewards you daily. Of course, this bonus is more rewarding the more shares you have in your portfolio. In simple terms, the more shares you buy, the higher your rewards, and you don’t need a Polymarket promo code to get access!
This is another bonus that rewards you daily. However, to be eligible, you need to place orders that are close to the average market price. The more helpful your orders are in terms of pricing and size compared to others, the more rewards you can claim. Note that you’ll need a minimum of $1 in rewards to claim a payout.
There may currently be no referral bonus for Polymarket, but that doesn't mean you can’t get ready if it ever launches. Here’s how we expect it to work.
Like other referral programs, you'll likely receive a unique referral link for your account that you can share with your friends to get them to sign up. For every eligible referral, you will receive a reward, most likely in the form of a deposit bonus or cashback on trading costs. In most cases, your referee will also get rewarded for signing up on the platform.
Remember that these are only speculations, and we can’t tell until the platform fully relaunches in the United States. We recommend bookmarking this page for updates.
The absence of a referral code does not mean you can't register on the site. In fact, the platform lets you create an account and start trading without a promo code. Here’s how to get started when it goes live in the US:
Head to the Polymarket site by clicking one of the links on this page
Click the “Sign up” button. You will have the option to instantly register with your Google account or use your email
If you opt for the latter, a code will be sent to your email, which you must enter to verify it
Next, enter your preferred username and accept the terms and conditions
Hit “Continue” to log into your new Polymarket account
Make a deposit using one of the payment methods. There are no Polymarket fees on payments, so it is fine to settle on any option you prefer.
Once your deposit reflects, find a market of your choice and start to trading prediction contracts
Creating a new account also gives you access to the bonuses available in the Polymarket platform.
There is no referral code for Polymarket for now, but that doesn't mean you can’t still tap into other bonuses and have fun on the platform when the relaunch is complete in the United States. We liked the concept of the Holding rewards, which gives you up to 4% in daily rewards depending on your holdings.
Even better is that you don’t need a promo code, and you will instantly get access to the various event contracts focusing on sports, cryptocurrency, business, tech, among others, all of which are covered in detail. Be sure to check back when it launches so you can create an account using any of our links.
There is currently no referral code for Polymarket available. The platform has not fully launched in the United States and might provide one when it goes live.
Yes, Polymarket is legal, having gotten the required licenses to operate as a regulated prediction market platform. However, it is still in beta and available to selected users, and will fully launch in the near future.
If Polymarket offers a referral bonus at launch, it will be available to traders aged 18 or older who register for an account with the platform.
No. The platform does not currently have a referral program. This means any code you find claiming to give you access to a referral bonus is fake. You can confirm the validity of a referral by checking out the Polymarket page when it fully launches in the United States.