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 |
|---|---|
| ↑ 65,000 | 100% |
| ↑ 66,000 | 17% |
| ↓ 64,000 | 15% |
| ↑ 67,000 | 3% |
| ↑ 68,000 | 1% |
| ↓ 63,000 | 1% |
| ↑ 72,000 | 0% |
| ↑ 71,000 | 0% |
| ↑ 70,000 | 0% |
| ↑ 69,000 | 0% |
| ↓ 62,000 | 0% |
| ↓ 61,000 | 0% |
| ↓ 60,000 | 0% |
| ↓ 59,000 | 0% |
| ↓ 58,000 | 0% |
| ↓ 57,000 | 0% |
Market context
Bitcoin is trading into a dated price-range market with the settlement window closing on 11 August 2026 at 04:00 UTC, so the relevant question is where spot lands at the event cut-off rather than where it briefly trades intraday. On Polymarket, the 64,000–66,000 band is quoted as the clear frontrunner at 88%, with 66,000–68,000 the next closest at 9%[6]. That makes the market-implied centre of gravity broadly consistent with short-term analyst models clustered around the mid-60,000s: CoinCodex has Bitcoin at $65,614 for 10 August, Changelly at $65,219.96, MEXC at $65,266.77, and CoinCheckup at $65,839[1][2][4][8].
Comparable forecasts for August are tightly bunched near spot rather than calling for a decisive break, which matters because the contract only pays on the day’s settlement price, not a month-end or year-end target. By contrast, some broader 2026 models are much more bullish, with Crypto.news showing a 2026 base case of $76,596.16 and a bull case near $91,915.39, while its own near-term 5-day forecast is only $66,534.80[3]. That gap underlines the difference between long-horizon upside narratives and a one-day range market: the prediction market is pricing a consolidation outcome, while longer-range analyst consensus still leaves room for much higher prices later in the year[3][11].
For traders, the main catalysts are the usual macro and crypto-specific flow drivers rather than a single scheduled Bitcoin event. Recent coverage has pointed to August inflation data, with one market note arguing that a cooler report could help Bitcoin reclaim the $68,000 area, while a hotter print would keep pressure on risk assets and reinforce the $60,000–$65,500 base case[12]. ETF flow headlines, spot liquidity, and any sharp move in the dollar or rates complex are likely to matter more than protocol news over this horizon, which helps explain why sportsbook-style and model-based forecasts remain clustered close to the current band rather than implying a large directional break[3][12].
Methodology
Methodologically we separate two layers: the live probability (Polymarket mid-price) and the platform attributes (fee, KYC, settlement currency, payment rails). That keeps the comparison honest — a single canonical probability across the row, with the venue-by-venue trade-offs spelt out in the columns next to it.
Resolution & payout
Settlement runs on-chain. Polymarket's contract logic separates YES and NO shares as conditional tokens; at resolution the winning share lifts to $1.00 and the losing one to $0. The outcome input comes from the UMA Optimistic Oracle, which secures against bad resolution with a bond + dispute window.
Once finalised, the smart contract pays USDC to the holders' wallets within minutes — no withdrawal fees beyond Polygon network gas. Kalshi settles in USD via CFTC clearance, Betfair in account currency net of commission, Manifold in play-money mana with no cash-out.
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.
- 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.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like PolyGram trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
- How reliable are the quoted odds?
- The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
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