Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via BTC Prediction) Pick polygram.ink (preferred broker) |
57% | 43% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open live market → |
Polymarket (direct) polymarket.com |
57% | 43% | 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 |
|---|---|
| August 31 | 57% |
| August 15 | 38% |
| July 31 | 19% |
| July 24 | 13% |
| July 14 | 0% |
Market context
On 13 July 2026, President Trump announced the reinstatement of a US naval blockade against Iran, with enforcement beginning at 20:00 GMT on 14 July across all Iranian ports and coastal areas[1][2]. The 13% crowd-implied probability for an official announcement ending this blockade before August 2026 reflects the immediacy of the escalation and the absence of a pre-agreed ceasefire timeline, contrasting sharply with the June 2026 precedent where a 60-day deal triggered a rapid lift of the previous blockade[10][12]. That earlier suspension, confirmed by CENTCOM, was tied directly to a memorandum of understanding restoring asset access and halting hostilities, suggesting any future termination will likely require a comparable diplomatic breakthrough rather than unilateral policy shifts[11].
Traders should monitor CENTCOM announcements and high-level diplomatic schedules, as the blockade’s duration hinges on the success of upcoming talks between the US and Iran[2]. Recent Iranian strikes in the Strait of Hormuz have hardened US positioning, making a swift de-escalation unlikely without a formal agreement[7]. In crypto markets, BTC and ETH funding rates may react to geopolitical risk premiums if whale flows indicate hedging against prolonged conflict, while USDC-settled contracts on btc-prediction.bet will resolve strictly on the public announcement of the blockade’s end, regardless of on-chain activity. Watch for IRNA or official US government press releases, as these are the only sources that qualify for settlement[12].
Methodology
This page reads US announces end of Iranian blockade by 2026? 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.
FAQ
- Why USDC and not ETH or USDT?
- USDC is the Polygon standard — audited reserves (Circle, monthly attestation), deepest order book, low gas costs. ETH volatility would distort probability quotes; USDT has thinner Polygon liquidity than USDC.
- Can I use Bitcoin directly?
- No, Polymarket operates exclusively in USDC on Polygon. You can bridge BTC to USDC via an exchange or bridge service and deposit on Polygon — typically 10-30 minutes processing time.
- How volatile are crypto prediction markets?
- Crypto markets react to spot prices — a 5% BTC move typically shifts a "BTC above X by date" market 10-20%. Polymarket crypto market liquidity is usually six-figure USD, sufficient for active trading.
- Which crypto markets exist on Polymarket?
- Currently active markets include BTC/ETH/SOL price targets, halving dates, ETF approvals, hard-fork outcomes and Layer-2 TVL thresholds. The list updates weekly; biggest volume sits on BTC and ETH price forecasts.
- Are crypto prediction markets taxable in the US?
- In the US, prediction market gains are typically treated as ordinary income or short-term capital gains depending on holding period. Consult a tax professional for your specific situation — we cannot provide tax advice.
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