Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Kalshi Fees) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Place a position → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Place a position → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Place a position → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Place a position → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Place a position → |
Market context
The underlying event is a five-minute snapshot of Bitcoin’s price against the US dollar, resolved via Chainlink’s BTC/USD data stream. The market checks whether the price at 6:25 PM ET on 1 July is equal to or higher than at 6:20 PM ET. With a crowd-implied probability of 100 % for “Up”, the market assumes no downward movement in that window.
Historically, five-minute Bitcoin windows rarely show sharp reversals unless triggered by major news or liquidity gaps. In comparable cases, such as the July 1 open where Bitcoin fell 2.6 % from Tuesday’s open[3], volatility was spread over hours rather than minutes. The current 100 % probability aligns with this pattern: short windows typically trend flat or slightly up absent catalysts.
Traders should watch for scheduled announcements from the US Federal Reserve, crypto exchange listings, or Chainlink oracle updates that could alter data feeds. A recent report noted Bitcoin’s worst month since June 22, with prices opening at $58,549.86 on 1 July and dropping 2.6 %[3]. Programmatically, a power-user would deploy conditional orders tied to Chainlink’s BTC/USD stream, setting alerts for price deviations exceeding 0.5 % in the five-minute window to capture arbitrage or hedge exposure.
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 Kalshi Fees, which mirrors the Polymarket order book directly.
Resolution & payout
Polymarket-based markets settle through the UMA Optimistic Oracle on Polygon. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution. Payouts settle automatically in USDC the moment the result is final — no bookmaker, no delay.
Kalshi-based markets settle in USD via the CFTC-regulated clearinghouse. Betfair Exchange settles in GBP/EUR net of commission. Manifold is play-money and does not pay out real funds.
FAQ
- Is this market available outside the US?
- Polymarket itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
- 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 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.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like Kalshi Fees 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.
Trade Bitcoin Up or Down - July 1, 6:20PM-6:25PM ET on Kalshi Fees
Live order book, 0% fees, USDC settlement in seconds.
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