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Fees Structure

Fees & Costs

Breakdown of trading fees, network fees, and spreads.

Is Polymarket free? Almost. It is significantly cheaper than traditional sportsbooks or futures exchanges.

1. Trading Fees

  • Polymarket Fee: Currently, Polymarket does not charge a fee on standard trades. (Zero platform fee).
  • Liquidity Provider Fee: Sometimes, a small spread goes to the market makers, but this is built into the price you see.

2. Network Fees (Gas)

  • Placing Orders: Free. (Transactions are signed off-chain).
  • Executing Trades: Free. (Polymarket pays the Polygon gas fee for you via a Relayer).
  • Redeeming: Free.

3. Deposit/Withdrawal Fees

This is where you might incur costs, but they are charged by the network, not Polymarket.

  • Depositing:
    • From Exchange: Standard withdrawal fee (e.g., Binance charges ~$0.10 - $1.00 for USDC Polygon withdrawal).
    • Card Purchase: 3-5% fee (charged by MoonPay/Transak).
  • Withdrawing:
    • You pay the standard Polygon network gas fee to send USDC back to your wallet/exchange. This is usually very cheap (cents).

Summary

Trading on Polymarket is exceptionally efficient. The main cost to watch out for is the on-ramp (getting money in) if you use a credit card. Using a crypto exchange to deposit is the most cost-effective method.