Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via BTC Prediction) Pick polygram.ink (preferred broker) |
56% | 44% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open live market → |
Polymarket (direct) polymarket.com |
56% | 44% | 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 → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| BYD | 56% |
| Baidu | 49% |
| Alibaba | 42% |
| CATL | 41% |
| Tencent | 37% |
| Hesai | 28% |
| DJI | 25% |
| YMTC | 25% |
| Unitree | 24% |
| CXMT | 22% |
Market context
The US Department of War maintains a statutory list of Chinese military companies operating within American jurisdiction under Section 1260H of the 2021 National Defense Authorization Act. Removal from this designation requires formal delisting by the department, which would restore the company's ability to operate without military-entity restrictions. The June 2027 settlement window captures a 12-month period during which such a removal could occur, with the baseline crowd probability of 42% YES reflecting meaningful uncertainty about whether any listed entity will successfully petition for or be granted delisting status.
Historical precedent suggests removals remain uncommon. Since the list's inception in 2021, the department has added entities far more frequently than it has removed them, with only isolated cases of delisting following successful legal challenges or demonstrated operational separation from military structures. The 42% implied probability sits between pure scepticism and even odds, suggesting traders believe there is a material but non-dominant chance that either diplomatic pressure, corporate restructuring, or administrative review could result in at least one removal within the settlement window. Comparable US sanctions regimes—including OFAC designations and export-control entity lists—show removal rates typically below 5% annually, though contested military designations occasionally move faster when companies demonstrate operational independence.
Traders should monitor announcements from the Department of War, any legislative changes to Section 1260H, and corporate filings by listed entities signalling structural separation or delisting petitions. Recent geopolitical tensions and US-China trade dynamics will influence administrative appetite for removals. On-chain settlement in USDC will occur post-30 June 2027, with resolution dependent on official department publication of an updated list confirming full removal of the specified company.
Methodology
This page reads Who will be removed from Chinese Military Companies list by June 30, 2027? on-chain. Polymarket's quote comes directly from the Polygon order book — the only comparable venue with on-chain settlement. Kalshi (USD, off-chain), Betfair (GBP/EUR, off-chain) and Manifold (play-money) are listed alongside for venue context. Every CTA routes to BTC Prediction, which mirrors the Polymarket order book directly.
Resolution & payout
Settlement is on-chain via UMA Optimistic Oracle. A proposer posts the outcome with a bond, a two-hour dispute window opens, then the smart contract lifts winning conditional tokens to 1 USDC and sends payments to holders' wallets automatically. No withdrawal fees beyond Polygon gas.
Off-chain venues (Kalshi, Betfair, Smarkets) settle in local fiat through bank-side clearing — faster than SWIFT, slower than on-chain. Manifold pays no real cash.
UK Frequently Asked Questions
- What are crypto prediction markets?
- Crypto prediction markets are on-chain smart contracts where you buy YES or NO shares on a future crypto event (e.g. "BTC above $100k by year-end"). The market price between 0¢ and 100¢ is the implied probability.
- What does a transaction cost on Polygon?
- Polygon gas is typically under $0.01 per transaction. A full trade cycle (Approve + Order + Fill) totals around $0.03 — compared to $5-50 on Ethereum mainnet.
- Is Polymarket legal in the UK?
- Polymarket is accessible to UK traders but is not UKGC-licensed. It operates under US CFTC jurisdiction. UK residents face no domestic legal prohibition on using it, but UKGC consumer protections do not apply. For UKGC-regulated alternatives, Betfair Exchange and Smarkets offer similar prediction-style markets.
- Do I pay tax on prediction market profits in the UK?
- UKGC-licensed platform profits (Betfair, Smarkets) are typically tax-free gambling winnings for UK individuals. Polymarket profits involve USDC crypto transactions, which HMRC treats as Capital Gains Tax events. Keep full transaction records and report via Self Assessment if gains exceed £3,000 per tax year.
- How do I deposit on Polymarket from the UK?
- UK traders typically fund Polymarket via Coinbase UK, Kraken or Revolut — buying USDC with GBP and transferring to a Polygon-compatible wallet (MetaMask, Coinbase Wallet). Polymarket's onboarding walks you through the bridging process. Typical GBP-to-USDC conversion costs 0.5–1%.
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