Polymarket exec says KYC limited to beta product, not existing platform
Polymarket executive Josh Stevens said identity checks apply only to early beta access and are not being added to Polymarket’s existing platform.
Polymarket’s vice president of engineering, Josh Stevens, clarified that the prediction market platform is not adding mandatory Know Your Customer (KYC) checks to its existing service, after a report said the company had considered user verification requirements.
Stevens said in an X response that Polymarket is launching a new beta product for a select group of users and that KYC is required only to access the beta during its early test period. “No KYC is being added to any part of existing polymarket.com with this launch,” Stevens wrote. He said that once the product is out of beta, no KYC will be required to use it.
He later addressed questions about whether KYC could be added later, saying “no” and clarifying that he was “just highlighting” that identity checks are tied to early access for a new beta product rather than a broader move away from pseudonymous trading on Polymarket’s main prediction market.