Predictit prediction market review

Status hint

Live

Venue type

centralized political event-contract exchange operated for research and education

Outcome types

binary, categorical

Chains

Off-chain

Mechanisms

continuous double auction

Last reviewed

2026-08-10

Limited to U.S. citizens and resident aliens who satisfy account eligibility.

Limited to U.S. citizens and resident aliens who satisfy account eligibility.

Predictit appears in the launch corpus as a centralized political event-contract exchange operated for research and education tied to binary and categorical outcomes. The chain field reads Off-chain; readers should treat that as classification data pending confirmation in current documentation. Its status hint was live at review time; this is not a guarantee that deposits, markets, or withdrawals remain available. The retained research status reads "live": The official site lists open political contracts; CFTC Letter 25-20 preserves amended no-action relief under PMRC.

https://www.predictit.org/ is the cited primary source for Predictit. Current documentation there should override any status or classification hint in this generated profile. The claims below remain limited to what the cited material supports.

Predictit should be researched from its literal fact set—binary and categorical outcomes, continuous double auction mechanics, and Off-chain. These labels are useful for discovery while remaining insufficient for financial, legal, or security conclusions. The resulting profile favors a smaller defensible claim set over apparent completeness.

Predictit's retained sources describe regional or eligibility boundaries, but readers should still check the current terms before access. Research summary: Limited to U.S. citizens and resident aliens who satisfy account eligibility.

For Predictit, status and eligibility are distinct questions. The live hint says nothing definitive about a specific reader's legal or operational access. KYC summary: Identity documents and compliance checks are handled with Aristotle and used to enforce legal and geographic restrictions.

Predictit is associated with binary and categorical outcome formats and mechanism labels of continuous double auction. These classifications do not establish its order types, price formula, collateral, leverage, or market-creation policy.

Primary rules control outcomes on Predictit. Save the version reviewed and note the named data source, decision authority, challenge process, and timing before committing funds. Settlement and resolution summary: Each market publishes payout criteria and a named source. PredictIt determines settlement under those rules and may select an alternate source when specified.

Current fees and KYC requirements for Predictit are unknown from the supported launch facts. Trading charges, spreads, payment costs, gas, withdrawal fees, identity checks, and limits should all be verified rather than estimated. Retained fee evidence: No deposit fee; 5% withdrawal processing fee plus method-specific charges. A $2 monthly inactivity fee may apply after 12 months. Trading fees follow the published support schedule.

Some custody evidence is documented for Predictit; that does not remove smart-contract, counterparty, signer, bridge, or account-recovery risk. Retained custody evidence: Custodial cash account; withdrawals are subject to an initial 30-day hold.

Predictit should be approached as a risk-bearing venue, not a source of guaranteed probabilities. Its live hint can become stale and must be reconciled with current official notices. Documented limitations include: Not a registered CFTC exchange, U.S.-only participant eligibility, and Withdrawal and inactivity fees.

Revisit https://www.predictit.org/ before acting on Predictit. Preserve relevant terms and market rules, confirm support contacts, and use a small test only after the custody and settlement path is understood. Priority evaluation checks include: official identity: pass — Official terms identify PMRC and the PredictIt service., operational status: pass — Live contracts are listed and CFTC relief was amended in 2025., access disclosure: pass — Citizenship/residency and verification requirements are published., and cost disclosure: pass — Deposit, withdrawal, and inactivity charges are stated..

• official identity: pass — Official terms identify PMRC and the PredictIt service.
• operational status: pass — Live contracts are listed and CFTC relief was amended in 2025.
• access disclosure: pass — Citizenship/residency and verification requirements are published.
• cost disclosure: pass — Deposit, withdrawal, and inactivity charges are stated.
• resolution transparency: pass — Contracts provide source-specific payout criteria.
• Confirm that https://www.predictit.org/ is the current official domain for Predictit.
• Compare the "live" hint with a dated official availability notice.
• Read restricted-jurisdiction, age, sanctions, and account-eligibility terms.
• Locate the complete fee schedule, including spreads, gas, deposits, and withdrawals.
• Identify custody, collateral, wallet permissions, and the withdrawal process.
• Verify how binary and categorical markets define evidence, cancellation, disputes, and settlement.

Check current product, legal and technical documentation before relying on any dated fact in this profile.

These ecosystem products list Predictit among their supported venues. Their inclusion is informational and does not imply compatibility, endorsement or current availability.