Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Germany Legal) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | View on Polymarket → |
Polymarket (direct) polymarket.com |
100% | 0% | 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 |
|---|---|
| 28°C | 100% |
| 21°C or below | 0% |
| 22°C | 0% |
| 23°C | 0% |
| 24°C | 0% |
| 25°C | 0% |
| 26°C | 0% |
| 27°C | 0% |
| 29°C | 0% |
| 30°C | 0% |
| 31°C or higher | 0% |
Market context
The real-world event hinges on the highest temperature recorded at Tokyo Haneda Airport on 4 July 2026, measured in degrees Celsius and sourced from Wunderground. Current crowd-implied probability sits at 0% for the market resolving to a specific range, suggesting traders believe the threshold will not be met, despite July being Tokyo’s hottest month with average highs exceeding 26°C [2][4].
Historical precedent frames this low probability: Japan recorded its all-time highest temperature of 41.2°C in Tamba City on 30 July 2025, breaking a 2018 record of 41.1°C [5][6]. Yet Haneda, an coastal airport, typically sees lower peaks than inland areas; July averages there hover around 28.7°C, with humidity at 77.6% [8]. Recent forecasts for Haneda in July 2026 predict daily highs between 76°F and 91°F (24–33°C), well below extreme outliers [2].
Traders should monitor the Japan Meteorological Agency’s weekly heat advisories and any sudden shifts in Pacific high-pressure systems, which drive summer temperatures. A Reuters report from July 2025 confirmed record-breaking heat across western Japan, signalling potential volatility for Tokyo’s summer climate [6]. Regulatory accessibility remains a factor: under Germany’s GlüStV and US CFTC rules, markets offering “no-KYC up to $1,500” allow broader participation without identity verification, though this does not override jurisdictional restrictions on prediction trading [1].
Methodology
This overview of Highest temperature in Tokyo on July 4? 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.
- What happens during a tax audit?
- You're responsible for documenting your trades. Polymarket Germany Legal exports a full transaction history (CSV/PDF) for tax reporting. In an audit you'll need to present these documents.
- 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).
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