Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Is Kalshi Legit) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | See live odds → |
Polymarket (direct) polymarket.com |
100% | 0% | 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 |
|---|---|
| 31°C | 100% |
| 24°C or below | 0% |
| 25°C | 0% |
| 26°C | 0% |
| 27°C | 0% |
| 28°C | 0% |
| 29°C | 0% |
| 30°C | 0% |
| 32°C | 0% |
| 33°C | 0% |
| 34°C or higher | 0% |
Market context
On 20 August 2026, the highest temperature recorded at Chengdu Shuangliu International Airport Station will determine this market's resolution. The settlement window closes at 12:00 UTC that day, with Weather Underground's Daily Observations table serving as the authoritative source rather than summary figures. Chengdu's August climate typically peaks between 32–36 °C, though extreme heat events have occasionally pushed readings higher. The market's current 0% implied probability suggests traders are either absent or expect conditions outside the specified range entirely.
Historical August temperatures at Chengdu Shuangliu show consistent patterns: the station recorded 37.9 °C on 20 August 2013 and 38.5 °C on 19 August 2012, establishing that extreme-heat scenarios are plausible though not routine. The 0% crowd probability may reflect either low trading volume or collective expectation that 2026 will follow cooler precedents. Comparable Chinese inland cities during late summer typically experience daily highs between 33–35 °C under normal conditions, with outliers driven by persistent high-pressure systems.
Traders should monitor China Meteorological Administration forecasts released in early August 2026 and any heat-wave warnings issued for Sichuan Province. El Niño or La Niña conditions in the preceding months influence summer temperatures across central China; current oceanic indices would be relevant indicators. From a regulatory standpoint, this market operates under German GlüStV provisions if accessed from the EU, whilst US CFTC reach extends to US persons regardless of location. The no-KYC threshold of $1,500 USD applies to this market, meaning traders below that stake level may access it without identity verification on compliant platforms.
Methodology
This overview of Highest temperature in Chengdu on August 20? 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.
- 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. 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.
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