Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Is Kalshi Legit) Pick polygram.ink (preferred broker) |
82% | 18% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | See live odds → |
Polymarket (direct) polymarket.com |
82% | 18% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | See live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | See live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | See live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | See live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| <150 | 82% |
| 150-174 | 18% |
| 175-199 | 2% |
| 200-224 | 1% |
| 225+ | 1% |
Market context
The Strait of Hormuz is currently experiencing a cautious recovery in maritime traffic following a US–Iran peace deal signed in Switzerland in mid-June 2026, with vessels slowly trickling through after weeks of near-total closure. Experts estimate traffic will take eight weeks to return to pre-war levels, with only about 15 ships crossing daily in the interim, creating a tight backlog-clearing scenario for the week of July 6–12, 2026 [3][9].
Historical precedents from the 2026 bottleneck show that even after reopenings, outbound commercial movements remained severely restricted for over 72 hours, with zero verified transits recorded as late as June 23, 2026, before gradual resumption began [2]. The current 84% crowd-implied YES probability aligns with the slow but steady increase reported over the weekend of July 6, though volumes remain a fraction of the normal ~60 daily transits, suggesting the market is betting on minimal but non-zero activity rather than full recovery [1][5].
Traders should monitor daily IMF Portwatch finalisations, which only count once the next day’s data point is available, and watch for announcements on war-risk insurance premiums, currently over 16 times normal, which could further delay transits [6]. Recent reporting confirms shipping traffic continued recovering over the weekend, but the pace remains fragile, with 500 ships still trapped in the Persian Gulf and most not expected to move until the Swiss deal’s full implementation [3][9]. For iskalshilegit.com users, German GlüStV implications and US CFTC reach define the regulatory perimeter, while the ‘no-KYC up to $1,500’ threshold ensures this oil-market bet remains accessible to retail participants without intrusive identity checks, provided they stay within the stipulated limit.
Methodology
This overview of How many ships transit the Strait of Hormuz week of July 6? 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. Is Kalshi Legit has a different geo footprint.
- Do I need to KYC for Is Kalshi Legit?
- 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.
- Can I trade anonymously?
- Pseudonymously, yes — up to the KYC threshold. Is Kalshi Legit 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), Is Kalshi Legit would geo-block the affected region and continue processing withdrawals. Your funds remain withdrawable at any time.
Trade How many ships transit the Strait of Hormuz week of … on Is Kalshi Legit
Live order book, 0% fees, USDC settlement in seconds.
Open live market →