Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket Tax UK Pick polygram.ink |
0% | 100% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open on Polymarket Tax UK → |
Polymarket polymarket.com |
0% | 100% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open on Polymarket Tax UK → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open on Polymarket Tax UK → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open on Polymarket Tax UK → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open on Polymarket Tax UK → |
Live odds for Polymarket-based markets come from the Polygon order book. Non-Polymarket venues show attributes only; clicking any row opens the market on Polymarket Tax UK.
Active sub-markets
Market context
Bitcoin's price on 1 June 2026 remains unspecified in the market terms, meaning any settlement hinges on whether a particular price level is named before the window closes on 2 June. The 0% crowd probability reflects genuine ambiguity: without a defined strike price, traders cannot assess likelihood. This differs sharply from binary "will Bitcoin exceed $X?" markets, where probability reflects conviction about price direction rather than market design.
Historical precedent suggests such open-ended crypto price markets have rarely attracted sustained trading volume. When settlement criteria lack specificity—no target price, no exchange specified, no handling of flash crashes or wicks—participation typically collapses. The 2023 FTX collapse and subsequent regulatory tightening across US CFTC-regulated venues and EU MiCA frameworks have narrowed how exchanges structure crypto derivatives. German GlüStV rules, which govern betting and prediction markets, impose strict KYC requirements for accounts above €1,500 cumulative stakes, effectively removing the "no-KYC up to $1,500" exemption once a trader's position exceeds that threshold. This regulatory friction has reduced retail participation in ambiguously-defined markets.
Catalysts for clarification would centre on whether the market operator publishes a specific price target or exchange reference before settlement. Announcements from Polymarket's legal team or regulatory updates from UK Gambling Commission guidance on crypto prediction markets could reshape trader confidence. Until then, the 0% reading reflects rational scepticism: without clear settlement mechanics, the market functions as a coordination problem rather than a price discovery mechanism.
Methodology
We track What price will Bitcoin hit on June 1? on the five venues with material liquidity for prediction markets. Live odds come from the Polymarket Polygon order book — the only source that ships real-time data under an open licence. For Kalshi, Betfair and Manifold we list platform attributes (fee, KYC, settlement, payment) instead of fabricated odds, because their APIs use non-comparable contract definitions.
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?
- On Polymarket Tax UK, which mirrors the Polymarket order book at 0% fees. 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.
- Do I need to KYC for this market?
- Not under $1,500 of lifetime trading volume. Above that threshold, Polymarket Tax UK triggers a quick verification flow that finishes in minutes.
- 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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