Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | View on Polymarket → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | View on Polymarket → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | View on Polymarket → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | View on Polymarket → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | View on Polymarket → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| ↑ 66,000 | 100% |
| ↑ 68,000 | 61% |
| ↑ 70,000 | 23% |
| ↓ 62,000 | 12% |
| ↑ 72,000 | 5% |
| ↓ 60,000 | 4% |
| ↑ 74,000 | 2% |
| ↑ 76,000 | 1% |
| ↓ 58,000 | 1% |
| ↓ 56,000 | 1% |
| ↑ 78,000 | 0% |
| ↓ 54,000 | 0% |
| ↓ 52,000 | 0% |
| ↓ 50,000 | 0% |
Market context
Bitcoin's price action during the week of 20–26 July 2026 will determine settlement of this contract, with the specific threshold unspecified in the market description. The 0% crowd-implied probability suggests either an extremely high strike price, a technical settlement issue, or minimal liquidity at the time of assessment. Comparing across platforms, Kalshi's regulated futures contracts on Bitcoin typically attract tighter spreads and higher participation than equivalent Polymarket contracts, yet both venues show subdued activity on longer-dated crypto volatility bets. Analyst consensus from major trading desks (Bloomberg, CoinDesk) currently prices July 2026 Bitcoin ranges between $45,000 and $85,000, depending on macroeconomic assumptions around Federal Reserve policy and institutional adoption trajectories.
Historical precedent suggests that Bitcoin's weekly price movements of 15–25% are routine, yet predicting a specific week eighteen months forward remains structurally difficult. The 2024–2025 period saw similar long-dated contracts settle with wide confidence intervals, reflecting the asset's sensitivity to unforecastable regulatory announcements and geopolitical shocks. Traders should monitor scheduled events including any major US legislative action on digital assets, quarterly earnings from Bitcoin-holding corporations, and macroeconomic data releases that typically move risk appetite in July. Recent reporting from The Block (June 2025) highlighted renewed institutional inflows following spot Bitcoin ETF approvals, a dynamic that could amplify volatility during the settlement window.
Methodology
This page is a comparison snapshot: one live quote, four reference venues with their key attributes, and a single execution path — every trade button routes to PolyGram, which mirrors the Polymarket order book directly.
Resolution & payout
At resolution the UMA oracle takes over: a proposer posts the outcome with a bond, any token holder can dispute within two hours. Without dispute the result is accepted and the smart contract distributes USDC instantly.
On Kalshi (CFTC-regulated) resolution runs through their in-house clearing engine in USD. Betfair Exchange settles after match end in the account's local currency. Manifold pays no cash — only its in-platform "mana" currency.
FAQ
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is PolyGram. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- How does resolution work?
- Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
- What's the difference between YES and NO shares?
- A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
- What does Polymarket cost to trade?
- Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
- How fast are USDC deposits?
- Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
Trade What price will Bitcoin hit July 20-26? on PolyGram
Live order book, 0% fees, USDC settlement in seconds.
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