Polymarket Promo Code MILE: Claim $20 Bonus in August 2026

Prediction market traders are in the right place to find the Polymarket promo code to unlock the welcome offer and trade $10 to get a $20 bonus. Use the promo code MILE linked on this page to unlock the new user bonus and get $20 for trading on the world’s top prediction exchange.

Polymarket Promo Code Details for August 21

Polymarket Promo Code	MILE
💵 Polymarket Sign Up Bonus	Trade $10, Get $20 Bonus
💰 Offer Type	Bonus After Qualifying Trade
📄 Terms & Conditions	New users only. Must be 18+ in an eligible state to claim offer. Deposit and trade at least $10 to get $20 trading bonus. Must complete qualifying trade to unlock bonus. $20 bonus awarded as trading credit. Market restrictions and expiration apply.
🇺🇸 Polymarket Available States	AL, AK, AR, CA, CO, CT, DE, FL, GA, HI, ID, IN, IA, KS, KY, LA, ME, MS, MO, NE, NH, NM, NC, ND, OK, OR, PA, RI, SC, SD, TX, UT, VT, VA, WA, WV, WI, WY
📆 Offer Last Verified	August 21, 2026

New users can unlock an offer to trade $10 and get a $20 Polymarket sign-up bonus by clicking here and using the Polymarket promo code MILE. Once a user has registered their account and made at least $10 in trades, their account will be credited with a $20 bonus that they can then use to trade on any prediction markets on the platform.

How to Get the Polymarket Promo Code

how to claim polymarket promo code Polymarket is available in over 40 states across the US, and by using the Polymarket promo code MILE, new users can skip the waitlist and sign up here to claim a strong welcome bonus to get them started. After entering the Polymarket promo code and completing $10 in trades, new users will unlock a $20 bonus for trading on prediction markets. Follow the steps below to claim the Polymarket promo and claim a $20 bonus:

Claim Offer: Click here to claim the Polymarket bonus code. Users will be taken to the Apple App Store or Google Play on their mobile devices and asked to download the Polymarket app.
Register: Sign up with an Apple ID, Google account, or an email address, full name, date of birth, address, and a government-issued ID. During this process, Polymarket verifies physical location as well. Users can also enter the Polymarket promo code MILE to ensure they can claim the sign-up bonus.
Deposit: New users must make an initial deposit of at least $10 using one of the available Polymarket payment methods.
Trade: Complete at least $10 in trades on eligible Polymarket prediction markets.
Get Bonus: Unlock a $20 bonus that can be used to purchase more event contracts on Polymarket.

Polymarket Promo Code Terms and Conditions

Best Prediction Markets	Polymarket	Kalshi	Novig	FanDuel Predicts
💲 New User Bonus	Trad $10, Get $20 Bonus	Up to $500 Bonus	Deposit $10, Get $25 in Trade Credits	Unlock Your Offer (iOS) Unlock Your Offer (Android)
🚨 Promo Code	MILE	MILE	MILE	No Code
📲 App Review	-	Kalshi Review	Novig Review	-
💵 Minimum Deposit	$1	$0	$5	$10
📱 Mobile App	ios (Appe Store) Android (Google Play)	ios (Appe Store) Android (Google Play)	ios (Appe Store) Android (Google Play)	ios (Appe Store) Android (Google Play)
🎂 Minimum Age	18	18	21	18 (19 or 21 in select states)

The concept of “trading” may sound more complex than the casual user may want to get involved with, but it is far easier than it sounds, especially for those who have previously used a legal online sportsbook.On Polymarket, customers purchase “yes” or “no” orders for specific event contracts, such as “will the Spurs win Game 4 of this series?” These “yes” and “no” contracts will range in price based on their implied win probability, ranging from $0.01 to $0.99. If the trader correctly predicted the outcome, $1 for every contract will be returned to their account, while those on the incorrect side will have $0 returned. Rather than trading against the house, users trade against one another, and market prices are set by the public’s belief in a certain outcome.

What Market Categories Are Available on Polymarket?

Polymarket App Sports Live Polymarket has one of the biggest assortments of market categories among all prediction market platforms. Along with offering diverse sports prediction markets on game outcomes, individual player props, and futures, users can find markets on topics like politics, finance, tech, culture, the weather, and much more.

Sports

Polymarket offers an impressive collection of sports prediction markets, appealing to both mainstream sports fans and those with a taste for the international sports scene. When going into the “Sports” tab, users are greeted with markets for games that are currently live and those about to start. From there, traders can select the specific sport and/or league and narrow their search down to a team, player, or outcome. Among the many sports offered, some of the most popular sports prediction markets on Polymarket are the NFL futures, NBA, MLB, Football, UFC, Tennis, and Golf. However, the app also offers markets on sports that may appeal to a more niche following in the U.S., like Formula 1, Rugby, Cricket, Lacrosse, and E-sports. In August 2026, sports traders on Polymarket are all over NFL action, including Preseason and Futures markets. Daily MLB games continue to trend on the platform, with weekend UFC cards and other popular events mixed in.

Politics

The Polymarket app allows users to trade on a wide selection of political events happening in the U.S., as well as those happening around the world. These markets range from predicting who will be a party’s 2028 Presidential candidate to when a government shutdown will end to who will be the next mayor of Los Angeles. The Politics field also covers court rulings and whether Congress will pass certain bills. Even with so many markets under this category, users will find that most of these options have a large market volume, meaning they are not likely to run into any liquidity issues.

Finance

The Finance section of Polymarket has a little bit of everything for business-oriented traders. With markets covering Stocks, Earnings, Indices, Commodities, Pre-IPO Markets, IPOs, and Acquisitions, there is no shortage of options. Users can also find financial markets based on closing numbers or valuations at the end of a day, week, or month.

Tech

For the technology fans, the Polymarket app has markets covering the trending topics in the industry, like AI, Apple, SpaceX, and a variety of science-specific fields. Traders can buy event contracts on when will GPT-5.6 be released, what will be the #1 free app in the US Apple Store today, or the largest company by the end of August. They even offer a very meta prediction market on prediction markets, allowing users to trade on whether or not sports prediction markets will be banned by the end of 2026.

Culture

Culture prediction markets cast a wide net, touching on topics like celebrities, music, movies, various awards, tweets, and even the video game Grand Theft Auto VI. These markets range from what will be the highest-grossing movie in 2026 to whether Taylor Swift will be pregnant before 2027 to highest grossing movie in 2026. The categories on this tab update frequently to stay up with the latest headlines, so users will want to check out the Culture prediction markets regularly to see the new offerings.

Weather

The Weather prediction markets are among the most popular options on Polymarket, featuring daily, weekly, and seasonal markets. Traders can buy event contracts on the high temperature in various major cities around the world, how much rain a city will get, and even on natural disasters like hurricanes, tornadoes, or earthquakes.

Polymarket Bonuses and Promotions

Polymarket offers new users a strong welcome bonus when they use the Polymarket promo code MILE at registration. Once the account has been activated and the customer has made $10 in trades, a $20 bonus will be unlocked. Along with the welcome bonus, users can earn money daily on the platform through Polymarket’s Liquidity Rewards Program. Traders earn these rewards by placing orders on event contracts that keep markets balanced and active. Users will earn more money by purchasing contracts closer to the market’s average price. Larger contract purchases and more competitive limit orders will also increase the size of the reward. Polymarket also offers Holding Rewards for users trading on long-term outcomes. Trades will earn a 4% annualized Holding Reward based on the total value of their position in a specific market. However, the platform is looking into a new reward system later this year, so long-term holding traders may want to keep an eye on this to maximize their rewards.

Polymarket Referral Program

Polymarket offers a referral program for existing users to share the platform with a friend, and earn a reward in the process. In order to qualify for the Referral Program, users must achieve at least $10,000 in lifetime trading volume. Existing users on Polymarket can share referral links before they reach $10,000 in trading volume, but will not start earning rewards until they reach the threshold. To find your referral code, click the share button on any market or profile and send it to a friend. Whenever someone uses that link to sign up, they will be counted as a referral. The referred user must sign up on Polymarket within 30 days of using the link in order for the referral to count. There are two types of referrals on Polymarket, Direct Referrals and Indirect Referrals. Direct Referrals are traders that you personally refer. Indirect Referrals are those referred by a trader that you have referred. The Polymarket Referral Rewards schedule is as follows:

10% of net fees generated from Direct Referrals
5% of net fees generated from Indirect Referrals

The rewards window applies for the first 30 days after a user signs up on Polymarket or until they reach the Platinum tier. Rewards will apply for every tier up to and including Gold.

What Are Polymarket Fees, Costs, and Payouts?

Although traders are not playing against the house and paying a vig on their predictions as they would with a sportsbook, there can be some fees and costs when it comes to trading on Polymarket.

Fees

While some markets on Polymarket are fee-free, such as the Geopolitical and World Events, other markets are charged a small fee. Sports markets have their own dedicated fee structure, where the peak effective fee of 0.75% is triggered on purchases at the 50/50 price point. Those trading on favorites or long shots will incur a smaller fee. Polymarket plans to expand similar fee structures to cover other major markets like Politics, Culture, Economics, Tech, and Weather. The money generated from these fees is redistributed to users through the Polymarket Liquidity Rewards program previously covered above.

Costs

Users making deposits with pUSD on Polygon will not have to worry about any additional fees. However, some third-party crypto-wallets may charge a fee for deposits and withdrawals. Traders should be aware that Polymarket requires its users to make deposits and withdrawals through a stablecoin, like pUSD, so these transactions can not come from or go directly to one’s bank account.

Payouts

To withdraw earnings from Polymarket, users will have to send their payouts to the crypto-wallet of their choice, with Polygon being the platform’s recommended option. Payouts typically occur instantly, although some users have reported it taking up to 10 minutes to see the funds appear in their account.

How to Get Started on Polymarket: Wallet to First Trade

Getting started on Polymarket is an easy process that can sound more intimidating than it actually is. After users have registered their account using the Polymarket promo code MILE, they can fund their account from their personal crypto-wallet. Once the account has been funded with USDC, users can browse the platform’s full array of prediction markets until they find one they want to purchase event contracts on. From there, traders should analyze the current market, considering its current price, implied win probability, and any potential fluctuations that may occur. Based on their analysis, users can then buy either “yes” or “no” contracts for that event with the funds from their account. Once a new customer has made $10 in trades, they will unlock a $20 sign-up bonus if they used the Polymarket promo code MILE. While newer traders may just want to go with market orders that will immediately buy the contracts at their current price, more experienced users may want to use limit orders to set a specific price they are willing to buy or sell these contracts at. Then all that is left to do is hold until the market resolves, or sell early to lock in gains before a potential market shift.

Polymarket US vs Global Platform

It should be pointed out that the Polymarket US trading platform is a different product than the Polymarket international exchange. Key distinctions appear in both available markets (some markets available on Polymarket international but not available on Polymarket US) as well as payment methods. Polymarket US operates as a regulated USD entity, separate from the global crypto exchange. As such, the Polymarket US product is dollar-settled and separate from global liquidity.

Which Payment Methods Does Polymarket Support?

Polymarket’s payment methods can be a bit challenging for users not familiar with cryptocurrency, as the platform uses pUSD for all of its transactions. This stablecoin holds a 1:1 value of the U.S. dollar. For the easiest method to make deposits, Polymarket recommends Moonpay or Polygon wallets. Moonpay is a third-party app that allows users to buy and sell cryptocurrency via credit card, debit card, or bank transfer and add it to their Polymarket accounts. Polygon users can also deposit funds via other cryptocurrencies like ETH or SOL; however, they will be converted to pUSD. Currently, there is no way for users to fund their accounts through more traditional means like Venmo, PayPal, or Google Pay. Withdrawals from Polymarket face similar hurdles, as users cannot put their funds directly into their bank accounts. In order to turn profits from Polymarket into real cash, users must first transfer their pUSD from their account into a self-custody wallet, such as MetaMask. Once the funds are in their wallet, users are free to hold onto the funds there or transfer them into their bank account through a third-party option, like Moonpay.

Is Polymarket Safe, Legit, and Secure in 2026?

Polymarket is a safe and secure option for users as it is regulated by the Commodity Futures Trading Commission (CFTC). This government oversight ensures that this prediction market platform follows strict rules and keeps an eye out for suspicious behavior like market manipulation and fraud. Adding another layer of safety, Polymarket does not have access to users’ funds; instead, they are held in a non-custodial wallet. This keeps the customer in control of their funds and protects them from unauthorized transactions or hacks.

Polymarket Pros and Cons for Different Types of Users

While most users will have a very positive experience on Polymarket, for some, there are a few cons. However, what some traders view as a con may actually be the reason others gravitated towards the platform.

Pros

Deep market options: Polymarket is one of the largest prediction market libraries. With 13 main categories to choose from and countless subsections, users will be hard-pressed to find a market that Polymarket does not have some kind of offering on.

Clean UI/UX: A first-time user will find the layout to be very intuitive, with each tap flowing naturally to the next layer of the app. Those with a background in using an online sportsbook will find the transition to Polymarket to be virtually seamless.
Easy sign-up bonus: The Polymarket promo code MILE rewards users for doing something that they were most likely going to do without the incentive of a bonus. After making just $10 in trades, new users who registered with the code above will unlock a $20 bonus.
Maker rebates: Polymarket offers a unique bonus to those who help balance markets by trading on heavy favorites and longshots. These bonuses work out to be 25% of the corresponding taker fees.

Cons

Crypto currency: The only way to deposit and withdraw funds from Polymarket is through the use of the crypto-currency pUSD. For those not familiar with using crypto, this can sound like too much work. However, for those who prefer using cryptocurrency, this could actually be a huge pro.
Complex fee structure: Most people will not want to solve a complex math problem to understand how much they will pay in fees for their trades. For the math-minded users, this could be a pro as it adds a layer of transparency to how exactly Polymarket arrived at the cost of the fee.

Polymarket Promo Code FAQs

Below are some of the most common frequently asked questions about the Polymarket promo code:

Is there a Polymarket promo code?

Yes, new users in eligible states can claim the Polymarket promo code MILE to trade $10 and get a $20 bonus.

What is the minimum deposit for the Polymarket promo code?

New users must deposit and trade at least $10 on Polymarket to unlock the $20 welcome bonus.

Is Polymarket Legal?

Yes, Polymarket is legal and regulated by the Commodity Futures Trading Commission (CFTC). The CFTC ensures that prediction markets meet the highest levels of its standards and protect users from market manipulation and fraud, among other nefarious practices.

Where is the Polymarket promo code available?

New users in the following states can claim the Polymarket promo code: AL, AK, AR, CA, CO, CT, DE, FL, GA, HI, ID, IN, IA, KS, KY, LA, ME, MS, MO, NE, NH, NM, NC, ND, OK, OR, PA, RI, SC, SD, TX, UT, VT, VA, WA, WV, WI, and WY.

Does Polymarket follow KYC regulations?

Polymarket follows all Know Your Customer regulations to verify every user is who they say they are when registering a new account. They also monitor customers’ accounts for any suspicious activity to make sure no illegal practices are going on, such as money laundering.

Are there fees on Polymarket?

Some markets on Polymarket are fee-free, like trades on Geopolitical markets. However, other markets, such as Sports, do have a fee for placing a trade. The rate for each transaction can vary, depending on the outcome of a complex equation. Typically, the fee will range from 0.04 to 0.07 per trade.

Do I have to reach $10 in one trade for the sign up bonus?

No, new users are not required to reach $10 in a single trade to activate the welcome offer. They can reach $10 in cumulative trades to unlock the $20 bonus.

Is there tax on Polymarket earnings?

Yes, winnings from Polymarket are taxable and need to be reported. As this could be seen as gambling income or capital gains, it is best to talk to your accountant about how to file these winnings or losses. Since it also deals with cryptocurrency, there is another tax wrinkle that users must account for when reporting their gains or losses.

How do I collect my payouts on Polymarket?

Users can collect their payouts by sending them to the crypto-wallet of their choice, with Polygon being the platform’s recommended option. The payouts will instantly appear in the wallet, and from there, users can choose to convert the cryptocurrency into real money or hold it in their wallet.