Let’s briefly introduce Polymarket
In case this is your first time coming across Polymarket, it may interest you to note that it is one of the most popular prediction markets in the US. The site is loved by traders not just for its vast coverage on events-based contracts, but also for its impressive mobile performance, generous welcome offer, responsive customer support, easy sign up process, and much more.
Besides the Polymarket election markets, traders can also trade on event-based contracts that are tied to sports, finance, economic indicators, music, and even entertainment. Regardless of the contract you may like to speculate here, it may interest you to note that Polymarket prices for event-based contracts usually range between $0.01 and $0.99, signifying the market sentiment.
In case you don’t know, the more the market believes in the possibility of a particular outcome and takes position, the higher the price of that contract will be. So, if you see a contract trading at $0.70 for instance, it means about 70% of the market has taken a position in that particular contract.
But then, that doesn’t mean you should always go with the crowd because there’s also a chance that their prediction may not come to pass as expected. That’s why you should always do your due diligence before entering any trade on Polymarket.
Here’s overview of what you need to know about Polymarket before signing up:
| Regulation | Operates in the US through a CFTC-regulated exchange |
| Availability | United States (subject to applicable laws and eligibility requirements) |
| Markets available | Politics, sports, crypto, finance, economy, entertainment, weather, technology, and more |
| Contract prices | Typically $0.01 to $0.99 before settlement |
| Contract settlement | Winning contracts settle at $1; losing contracts settle at $0 |
| Compatibility | Fully optimized for desktop and mobile web browsers |
| Minimum age | 18+ |
| Customer support | Help Centre and email support |
A close look at the Polymarket welcome bonus
Our Polymarket review found that the platform occasionally runs promotions for eligible new users. For example, one campaign offered a $50 trading bonus after a $20 qualifying deposit. Since promotions can change over time, be sure to check the current offer and its terms before signing up.
All you just need to do is sign up for an account, verify your identity, add funds, and start trading. According to the terms of the offer, you’ll need to have spent up to $20 on event-based contract trading to qualify for the bonus. The cool thing about the offer is that there’s no restriction on the type of event-based contract that you can use the offer to speculate.
This means you can use it to speculate on contracts that are tied to sports, finance, economic indicators, elections, and still stand the chance to maximize it if your prediction comes true. Another great thing is that you are expected to use the offer just once on event-based contracts before you can submit a withdrawal request.
How to claim the Polymarket welcome bonus in no time
Whether you prefer to explore the Polymarket sports markets, elections, or even finance, the process of claiming the welcome offer is the same all through. You’ll need to create an account, verify it, add funds, and start trading to qualify. While the process is pretty straightforward, you can follow the simple steps below to get started:
- Register for an account - To create a new account on Polymarket, check the banners on this page and tap any of the brand’s registration links. Once the page loads up, choose your preferred registration route from the options. If you’re going with the form, provide your email address and enter the 6-digit OTP you received in your email.
- Complete your identity verification - To proceed, you’ll need to complete your identity verification by submitting a government-issued ID card like your international passport, driver’s license, or a state ID card. As soon as your identity is verified, you can then proceed to add funds to your account. However, while verifications are usually instant.
- Add funds to your new account - If your verification is successful, you can then proceed to adding funds to your account, so you can start trading. One cool thing about the site is that it processes deposits almost immediately. Moreover, the brand supports a good number of popular payment methods that you can use to fund. While reviewing the site, we checked and noticed that it supports not just crypto, but also Apple Pay, bank transfers, credit/debit cards, and much more.
- Start trading your preferred event-based contracts - Once your deposit reflects, you can then start placing your trade orders in no time. But while at it, don’t forget there are fees you may incur during trades. As contained in our Polymarket fees explanation guide, the brand charges up to 1% depending on the market you are speculating on.
Tips that can help you maximize the Polymarket welcome bonus
To help you in maximizing the welcome bonus that Polymarket offers, we’ve developed some top tips that can guide you through in the following section:
Always read through the bonus terms
Make sure to always read through the terms of any offer you wish to claim on Polymarket, including the ones available for first time users. This is very important, especially because bonus terms are subject to change from time to time without prior notice to traders. Also, at the time you’re coming across this guide, Polymarket may have updated their bonus offer, so it’s very important you take a look at terms before jumping on any offer.
Speculate on prediction markets that you’re familiar with
For a chance to maximize this offer, make sure to only use it on event-based contracts that you’re more familiar with. For instance, if you’re experienced in finance, you can use your welcome bonus to speculate on event-based contracts that are tied to finance. The same thing also goes for traders who are experienced in other areas like politics, economy, and music.
Avoid rushing into every trending market
Even though some markets may look very attractive because of current trends or social media discussions, it’s very important not to rush into every contract without proper research. Whether you feel like exploring the Polymarket election markets or any other market on the site, take your time to understand the contract question, recent developments, and possible outcomes before purchasing any shares. This simple approach can help you make more informed decisions, while avoiding unnecessary losses.
Pros and cons of the Polymarket welcome bonus
There are lots of great things that we’ve noticed about the welcome offers at Polymarket. However, that doesn’t mean the offer is perfect. Here are some of the pros and cons that we noticed so far:
- Straightforward promotion requirements
- Access to a wide range of prediction markets
- Trader-friendly bonus terms
- Bonus requires trading activities
Get started with the Polymarket welcome bonus today!
At the end of the day, Polymarket may not be the most generous out there, but we appreciate that the platform occasionally offers incentives for new users. As a new trader here, you’re sure to be done with the whole registration process , including account verification within 5 minutes. Besides the welcome offer, another good reason why you should try and explore the site is its vast coverage on event-based contracts and ongoing promos.
It doesn’t matter if you wish to explore contracts that are tied to sports, elections, economy, finance, or even music; there are hundreds of contracts waiting for you to speculate on Polymarket. Coupled with the site's impressive mobile performance, you’re sure to have a great trading experience.
For a first hand experience of the site, we think you should sign up for an account on Polymarket. Once ready, you can start the process by tapping any of the brand’s registration links featured on this page.
Polymarket welcome bonus FAQs
Does Polymarket offer a welcome bonus?
Yes. Polymarket occasionally runs welcome promotions for eligible new users, although the exact reward and qualifying requirements vary. For example, one promotion offered a $50 trading bonus after a $20 qualifying deposit.
Do I need a promo code to claim Polymarket welcome bonus?
It depends on the promotion. Some Polymarket welcome offers are available through partner campaigns and require you to use a specific promo code or referral link during registration. Always check the terms of the current promotion before signing up to confirm whether a promo code is required.
Who can claim the Polymarket welcome bonus?
The welcome offer is open to every US trader, who is older than 18 years old.