Polymarket Referral Code: How to Use The Codes on Polymarket?

Facts

What Is Polymarket?

As covered in our Polymarket review, the platform is a prediction market site. Polymarket is regulated by the Commodity Futures Trading Commission (CFTC) and operates as a Designated Contract Market (DCM).

All users on the platform can buy and sell contracts on several future events, including on Polymarket election markets and sports outcomes.

All trades are in the form of binary outcomes (Yes or No), and the price of the contract represents the implied probability of the likelihood of an event occurring based on the number of trades made by other individuals.

For example, if a Polymarket sports market contract has the Kansas City Chiefs at $0.75 to make the playoffs, it means traders believe there is a 75% chance the Chiefs make the playoffs. If you purchase $100 of Yes contracts, you will receive 133.33 contracts ($100/0.75).

If the Chiefs go on to make the playoffs, your contract is settled at $1, and you will win $133.33, excluding any fees.

However, if the Chiefs do not make the postseason, your contract is settled at $0, and you will lose your initial $100.

Polymarket Features

Is There a Polymarket Referral Program?

Recently, Polymarket revamped its referral program, and now all registered users can unlock rewards by bringing their friends to the prediction site. In a nutshell, when someone signs up using your link, you will receive a percentage of the fees generated from their trades. The rewards are not capped, and the more new traders you bring to the platform, the bigger your potential prizes.

You will receive up to 30% of fees generated from direct referrals and up to 10% of fees from indirect referrals.

Direct referrals are friends who have signed up using your unique link, while indirect referrals are those who have signed up through someone you have referred (for example, Jake refers Anna, and then Anna refers Paul, Jake will receive up to 10% from Paul’s trading volume as well).

Below is a list of the key terms of the referral program:

• You must have traded a minimum of $10,000 to be eligible for the program
• You must share your link with your friends, and they must sign up using that specific link
• Rewards are only available via fees generated from referral trades
• Not all future events have Polymarket fees
• You can receive up to 30% of the fees generated from direct referrals
• Up to 10% of fees from indirect referrals is also available
• Rewards are calculated in real-time and processed daily

Polymarket Bonus Details for New Traders

Polymarket has a bonus offer going for new users who sign up with the promo code PREDICTSAIL. To qualify, just create an account and make a minimum deposit of $20.

Once you’ve met the deposit requirement, eligible users get a $50 trading bonus. There’s no wagering requirement on this one, but it’s still worth checking the promo code rules and bonus terms before getting started.

How to Sign up And Share Your Polymarket Referral Code

When we compiled our Polymarket review, we included a step-by-step guide to registering on the platform. Below is a quick guide on how to join the site and share your referral link:

1. Use the banners on this page to access the official website

2. Select the Sign Up button

3. Enter your email address and enter the verification code sent to your email

4. Start trading and make up to $10,000 in trades

5. Select the gift icon at the top right of your account page

6. Copy your referral link and share it with your friends

Pros and Cons: Polymarket Referrals

Read More

Refer a Friend and Get Extra Money for These Markets

Final Thoughts – There Is an Exclusive Polymarket Referral Program

That wraps up our guide. As you can see, there is an exclusive Polymarket referral program, and it is straightforward to share your link and bring your friends to the platform. We were impressed by how easy it was to receive rewards, and a nice touch is that you can receive your bonuses for both direct and indirect referrals.

However, one small shortcoming is the high minimum trading volume requirement, and if you are a small trader, it can take a while before you reach $10,000 in trades to be eligible for the program.

If you are interested in joining Polymarket and bringing your buddies along, the first step is to create a new account. To fast-track your registration, use the links or banners on this page to sign up.

Polymarket Referral Code FAQ

1. 🤔 Is there a referral program at Polymarket?

   Yes. There is an exclusive referral program, and you can receive rewards once your friends sign up using your unique link.

2. 🎁 What prizes are available with the program?

   You will receive a percentage of the fees generated from the trades of the friends you have brought to the platform. The rewards are not capped, and the more new traders you bring to the platform, the bigger your potential rewards.

3. ❓Can anyone receive referral rewards?

   No. You will only be allowed to join the program and share your link once you have accumulated at least $10,000 in trading volume.

4. 💰 Are fees eligible for all trading contracts?

   Currently, not all future event contracts have fees at the prediction site, thus not all trades made with your friends will be eligible for a reward. For example, world and geopolitical contracts have no trading fees, but some sports contracts (NCAAB and Serie A) do have taker-only fees.