Polymarket is a decentralized platform where people can bet on just about anything—from science and sports to culture and crypto. However, it is the political arena that really turned the spotlight on this site.
As the 2024 US presidential election heats up, the platform has seen approximately more than $2.7 billion placed on bets, speculating whether Kamala Harris or Donald Trump would clinch the presidency.
While Polymarket is accessible worldwide, not everyone can participate in trading due to strict regulatory laws. Fortunately, you can use Polymarket freely with the help of a VPN. Not sure how? Read on!
Where is Polymarket Available?
In the United States, residents can view data and market trends on the platform but are prohibited from actively placing bets. This restriction stems from current federal and state laws governing online betting and decentralized financial platforms.
Internationally, the availability of Polymarket might vary depending on local laws and regulations. Users from countries with fewer limitations on online gambling and decentralized markets can bet on Polymarket without any legal repercussions.
How to Access Polymarket with a VPN
If you are in the US or any other country where placing bets on Polymarket is restricted, just follow these simple steps to use a VPN and access the platform for betting:
Step #1: Set Up Your VPN Connection
Start by subscribing to PureVPN, downloading the app for your device, and logging into your account. After that, connect to any server location where Polymarket is accessible, such as the United Kingdom.
Step #2: Sign Up on Polymarket
Link a cryptocurrency wallet such as MetaMask or Phantom to sign up. Alternatively, registration via an email or Google account is also available. Currently, Polymarket does not require KYC verification, streamlining the process.
Step #3: Fund Your Account
To place bets, deposit USDC into your Polymarket account. Transfer USDC from your crypto wallet or an exchange, and use the Polygon Network to avoid compatibility issues. Purchasing USDC directly with a credit card is also possible.
Step #4: Choose a Market
Browse through the various markets offered on Polymarket and select one that captures your interest. For instance, the Presidential Election Winner 2024 market is quite popular and often features highly dynamic betting odds.
Step #5: Trade Shares
Use your USDC to buy shares in your selected market. You can sell these shares anytime before the market settles to manage risks or capture profits. For added convenience, set limit orders to automatically execute trades at your chosen prices.
Step #6: Withdraw Earnings
When you are ready to collect your earnings, go to Cash, click Withdraw, and specify your wallet address and the amount. Remember to use the Polygon Network so your withdrawal processes without any issues.
Related Read: VPN Usage Surges in the US to Access Polymarket
The Risks of Betting on Polymarket
Before you dive into betting on Polymarket, it is smart to understand the risks. Here is what you need to watch out for:
Market Volatility
The prices on Polymarket are as dynamic as the topics they cover, changing with the ebb and flow of real-time sentiment. This can lead to sharp price swings, which might result in losses if not carefully managed. Keep a close eye on share prices and consider exiting your positions if you sense a negative shift in market sentiment.
Liquidity Challenges
Sometimes, certain markets may not have enough participants, making it difficult to execute trades at your preferred prices. Focus your activity on well-trafficked markets. These usually have higher trading volumes, ensuring smoother transactions.
Outcome Disputes
Not all events have clear-cut results, and some markets may even experience disputes over outcomes. To minimize this risk, it is wise to participate in markets with objective, easily verifiable outcomes.
Wallet Security
Your investments are only as secure as the wallet holding them. A compromised wallet could mean compromised funds. Choose highly reputable crypto wallets, enable two-factor authentication, and avoid phishing attempts to protect your assets.
Frequently Asked Questions
Yes, Polymarket is legitimate. Established in 2020 by entrepreneur Shayne Coplan and used by entities like Bloomberg LP, it operates transparently. However, always bet responsibly, as wealthier bettors could influence market outcomes.
Polymarket is secure and leverages USDC on the Polygon network for enhanced security and stability. To keep your trades safe, it is important to properly secure your wallet and stay alert to phishing attempts.
Polymarket charges a 2% fee on users’ winnings. This fee is used to cover transactions on the Polygon blockchain and to reward liquidity providers. According to their website, these funds are not taken as revenue.
Yes. A VPN can help you avoid regional limitations by masking your IP address, allowing you to access the platform. However, always make sure that you comply with local laws regarding VPN use and online betting.
Final Word
Exploring Polymarket offers a unique window into global events and trends. Always approach betting with caution and informed strategies to optimize your experience. Using a VPN can enable users to participate from restricted regions.
Arsalan Rashid
October 21, 2025
4 weeks ago
