Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Germany Legal) Pick polygram.ink (preferred broker) |
15% | 85% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | View on Polymarket → |
Polymarket (direct) polymarket.com |
15% | 85% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | View on Polymarket → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | View on Polymarket → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | View on Polymarket → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | View on Polymarket → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| July 31 | 15% |
| July 14 | 4% |
| July 7 | 1% |
| June 30 | 0% |
Market context
Zero ships transiting the Strait of Hormuz would mean a complete halt to the passage of roughly 21% of global oil and 25% of LNG trade, triggering immediate supply shocks and war-risk insurance spikes exceeding 16 times normal rates. The current 0% crowd-implied probability for a zero-transit day reflects the June 17 US–Iran memorandum, which guarantees immediate commercial navigation and mandates the US to lift its naval blockade by 19 July, with Iran expected to restore pre-war traffic levels within 60 days [3][1].
Historical precedents show that even during active conflict, daily transits rarely hit absolute zero; the strait was briefly reopened on 21 April 2026 before closing again the next day, yet WTO tracker data recorded zero activity on only 10 of the last 19 days post-17 June, not consecutively [2][6]. The surge to 25 vessels on 25 June—the highest since April—underscores the deal’s operational impact, making a full stoppage by July 2026 statistically improbable absent a new escalation [3][8].
Traders should monitor the 19 July US blockade-lift deadline, Iran’s compliance with the “best efforts” traffic-restoration clause, and any announcements on toll negotiations beyond the 60-day toll-free window [3]. Recent reporting confirms shipping traffic has surged to its highest two-month level following the war-halt deal, reinforcing the baseline of continuous movement [1]. For accessibility, German GlüStV implications and US CFTC reach define the regulatory perimeter, while ‘no-KYC up to $1,500’ permits entry for users under the threshold without identity verification, though this market’s near-certain “No” outcome limits speculative upside.
Methodology
This overview of 0 ships transit Hormuz on any date by..? 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
- Is Polymarket legal in my country?
- Polymarket is geo-blocked in the US/UK/EU. Actual usage via the Polymarket interface is not possible there. The legal status itself varies — many countries treat prediction markets as a gray area. Polymarket Germany Legal has a different geo footprint.
- Do I need to KYC for Polymarket Germany Legal?
- 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. Polymarket Germany Legal 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.
- What if regulation changes?
- If regulation changes in your jurisdiction (e.g. prediction markets are banned), Polymarket Germany Legal would geo-block the affected region and continue processing withdrawals. Your funds remain withdrawable at any time.
Trade 0 ships transit Hormuz on any date by..? on Polymarket Germany Legal
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