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Bitcoin above ___ on May 13?

Regulatory snapshot for "Bitcoin above ___ on May 13?": platform geo-block status, KYC thresholds, tax implications.

11 outcomes · leader: 72,000 at 100%

100% YES 0% NO Volume: $2.7M 24h volume: $2.2M Liquidity: $794K Opened: 6 May 2026 Closes: 13 May 2026

Resolution criteria: This market will resolve to "Yes" if the Binance 1 minute candle for BTC/USDT 12:00 in the ET timezone (noon) on the date specified in the title has a final "Close" price higher than the price specified in the title. Otherwise, this market will resolve to "No". The resolution source for this market is Binance, specifically the BTC/USDT "Close" prices currently available at https://www.binance.com/en/trade/BTC_USDT with "1m" and "Candles" selected on the top bar. Please note that this market is

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Bitcoin above ___ on May 13?

Market statistics

Total volume
$2.7M
24h volume
$2.2M
Liquidity
$794K
Open interest
$1.3M

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via PolyGram) Pick
polygram.ink (preferred broker)
100% 0% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Open live market →
Polymarket (direct)
polymarket.com
100% 0% 0% Geo-blocked in US/UK/EU USDC, on-chain Open live market →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD Open live market →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR Open live market →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) Open live market →

Available prediction outcomes (11)

Sorted by descending live probability. Click any outcome to trade it on PolyGram.

Market context

This market resolves based on Bitcoin's closing price on the Binance BTC/USDT pair at precisely 12:00 noon Eastern Time on 13 May 2026, using the 1-minute candle data. The settlement hinges on a single data point from Binance's official trading interface, making execution risk minimal but price discovery dependent on that specific exchange's liquidity and order flow at that exact timestamp.

The 100% implied probability reflects the market's assessment that Bitcoin will trade above the specified threshold at that moment. Historical precedent suggests such certainty typically emerges when the threshold is set substantially below prevailing spot prices, creating minimal uncertainty about whether the price will remain above that level over the remaining timeframe. Comparable markets on distant settlement dates with extreme probabilities often reflect thresholds positioned well below current trading ranges rather than genuine confidence in price direction.

Traders should monitor regulatory developments affecting Binance's operations, particularly in jurisdictions where the exchange faces compliance scrutiny. The German GlüStV (gambling licensing framework) and ongoing CFTC enforcement actions against major exchanges create operational risk for Binance's spot trading services. Additionally, scheduled Bitcoin network events, macroeconomic data releases, and Federal Reserve communications in the months preceding May 2026 will influence volatility. The market's accessibility varies by jurisdiction—whilst some regions permit trading without KYC verification up to $1,500 notional exposure, Binance's actual KYC requirements apply uniformly regardless of trade size, affecting which traders can settle positions.

Wikipedia Context

  • Bitcoin
    Bitcoin

    Bitcoin is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown person published a white paper under the pseudonym of Satoshi Nakamoto. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. From 2021 to 2025, El Salvador adopted it as legal tender curre

  • Bitcoin protocol
    Bitcoin protocol

    The bitcoin protocol is the set of rules that govern the functioning of bitcoin. Its key components and principles are: a peer-to-peer decentralized network with no central oversight; the blockchain technology, a public ledger that records all bitcoin transactions; mining and proof of work, the process to create new bitcoins and verify transactions; and cryp

  • Bitcoin in El Salvador
    Bitcoin in El Salvador

    El Salvador was the first country in the world to use bitcoin as legal tender, after it was adopted as such by the Legislative Assembly of El Salvador in 2021. It has been promoted by Nayib Bukele, the president of El Salvador, who claimed that it would improve the economy by making banking easier for Salvadorans, and that it would encourage foreign investme

  • Bitcoin buried in Newport landfill
    Bitcoin buried in Newport landfill

    In 2013, Welsh computer engineer James Howells mistakenly disposed of a laptop hard drive containing the private key for 8,000 Bitcoin in the Docksway landfill in Newport, Wales. Howells subsequently assembled a team of specialists and secured funding to excavate the site, but Newport City Council refused permission, citing the environmental impact of the se

Methodology

This overview of Bitcoin above ___ on May 13? reviews the four comparable platforms from a regulatory perspective: which is accessible in your jurisdiction, where KYC kicks in, how the platform is classified by your country of residence. Live probability is the Polymarket mid; comparison columns show regulatory status, KYC thresholds and settlement options for each platform.

Resolution & payout

On Polymarket, resolution runs on-chain via UMA Optimistic Oracle. USDC payout is instant and automatic, with no KYC. Tax treatment depends on your jurisdiction — in the US, gains are usually ordinary income; in the UK, often capital gains. Consult a tax professional for your situation.

FAQ

Do I need to KYC for PolyGram?
Not for lifetime trading volume under $1,500. Above that threshold, a quick KYC flow kicks in — ID, selfie, approximately 5-10 minutes. The threshold matches FATF travel standards for unregulated crypto platforms.
How are winnings taxed?
Tax treatment varies by jurisdiction. In most countries, prediction market gains are treated as ordinary income or capital gains. We cannot provide tax advice — consult a tax professional for your specific situation.
Can I trade anonymously?
Pseudonymously, yes — up to the KYC threshold. PolyGram stores an email address and wallet addresses rather than a legal name. Over $1,500 lifetime volume triggers KYC, after which identity is no longer anonymous.
Is there a withdrawal cap?
No platform-side cap. You can withdraw any amount provided KYC is complete. SEPA bank withdrawals over €15,000 trigger additional anti-money-laundering checks (statutory obligation for all platforms).
What if regulation changes?
If regulation changes in your jurisdiction (e.g. prediction markets are banned), PolyGram would geo-block the affected region and continue processing withdrawals. Your funds remain withdrawable at any time.

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