Polymarket Referral Code Explained: How Referrals Work

As one of the leading US prediction trading exchanges, Polymarket has done a great job of keeping up with the competition and adding new features, one of which is the Polymarket referral program.

Referral schemes are common among trading exchanges, and they potentially allow you to get perks simply by inviting other users to use the site. In this guide, we’ve used our testing and experiences to review the Polymarket referral program, looking at how it works, its potential value, and how you can use it.

Everything you need to know about the Polymarket referral program

Like other prediction trading exchanges we have reviewed recently, Polymarket does have a referral program. It has only just launched this feature so we believe that it could change over time. However, on initial inspection, it looks to be a really good setup, but there are serious eligibility requirements that may limit who can actually use it.

There is a limited Polymarket referral program

Until recently, there wasn’t a Polymarket referral program, but this is one of the new features they have added. Our first impressions were great as it looks to have simple terms and conditions, and the potential for long-term bonuses. However, at the same time, as it is such a new feature, it’s still subject to change, and this might not be the final iteration of how it looks in a few months time, for example.

Not everyone can join the Polymarket referral program

The first thing you need to know is that to be eligible for the referral program you need to have traded at least $10,000 in volume. This is a large amount, and we think that this will unfortunately eliminate a large percentage of potential traders from ever gaining access to it. It’s a shame, as it means that currently, the referral program is only targeted at volume traders as opposed to the more casual customers. As we stated though, things are subject to change so this might not always be the entry barrier.

Important terms and features of the Polymarket referral program

Whether you’re using the desktop website or the Polymarket app for the referral program, there are some important terms and conditions you must be aware of, including:

• $10,000 minimum trading volume to be eligible
• You get a referral bonus based on a percentage of your referees trading fees
  • 30% of generated fees from direct referrals
  • 10% of generated fees from indirect referrals
• There is no limit on the bonuses you can receive
• Currently, the reward program lasts for your first 180 days of having an account
• Rewards are credited daily at midnight UTC
• The reward terms are subject to change without notice

It’s important to distinguish between direct and indirect referrals due to the difference in bonus percentage. A direct referral is someone who has signed up using your referral link or code. An indirect referral is someone who has signed up via the referral code of someone you have referred. We like this feature as it means you can potentially get subsidiary referrals without doing extra work.

It’s a shame that the rewards are currently only for your first 180 days of having an account, but we expect this period to be extended, and for Polymarket to bring in a more long-term program in the future once they see how this iteration is working.

Sports Welcome Bonus

Economics Welcome Bonus

Climate Welcome Bonus

CFD Crypto Welcome Bonus

Culture Welcome Bonus

Politics Welcome Bonus

Deposit $20 get $50

T&Cs and 18+ apply

Code

Copy

Get Bonus

Must be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available in AZ, IL, MA, MD, MI, MT, NJ, NV and OH.

Pros and cons of the Polymarket referral program

We think this is a good start for the referral program, and a step in the right direction. We like how the potential rewards are based on fees and have no upper limits, but we would like to see a much lower minimum trading volume to be eligible for the program.

Pros and Cons

• No upper bonus limit
• Indirect referrals are possible
• Easy to access
• Simple terms and conditions

• High eligibility requirements

How to get started with the Polymarket referral program

You can read more about getting started at this site in our Polymarket review, but if you are interested in signing up here, you’ll need to register an account and meet the minimum trade volume requirements.

1. Creating your Polymarket account

Signing up is simple process, and you should be able to do it by following these steps:

1. Click our Polymarket banners

2. Follow the instructions

3. Enter any required details

4. Do any initial verification

5. Log in to your new account

With your account made, you can make your first deposit either using crypto or fiat currencies.

2. Getting your referral link

Once you are verified, and you have full access to your account, you can go to the dedicated refer page on your account management section to generate a Polymarket referral link. It’s then a simple case of giving this link to your friends and instructing them to sign up using it. Please note that the referral option will be blocked until you have met the $10,000 minimum trading volume requirement.

3. What you can expect from Polymarket predictions

To hit that $10,000 trading volume, this exchange offers an extensive variety of markets including Polymarket election predictions, Polymarket sports predictions, and other popular categories like politics, geopolitics, tech, finance, and culture. We have listed some examples of active trades that you could buy and sell contracts for in the table below:

Polymarket predictions top rewards

Make predictions with Polymarket

Check Prediction Market Promo Codes and Bonuses

Looking for current prediction market offers? Use the table below to find promo code, sign-up bonus, and referral code guides for platforms such as Kalshi, Polymarket, Crypto.com, and Robinhood.

Polymarket referral program is a solid starting point in its current form

Right now, the first version of the Polymarket referral program is a great start. You have the potential of getting unlimited referral bonuses based on your referee’s generated trading fees, and there is also the chance of getting additional indirect referral bonuses. However, you also have to consider the pretty heft $10,000 minimum trading volume gate which not everyone will be able to meet.

This is the initial release of the program though, and Polymarket has stated that things are subject to change. We expect that they will monitor the progress of this version first, and perhaps make alterations in the future that could make it accessible to a wider range of customers. Either way, if you want to get signed up here and start working towards that trading goal, or to simply look at the different prediction markets they have, you can use the banners we have featured here to get signed up.

Sports Welcome Bonus

Economics Welcome Bonus

Climate Welcome Bonus

CFD Crypto Welcome Bonus

Culture Welcome Bonus

Politics Welcome Bonus

Deposit $20 get $50

T&Cs and 18+ apply

Code

Copy

Get Bonus

Must be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available in AZ, IL, MA, MD, MI, MT, NJ, NV and OH.

Polymarket referral program FAQs