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Polymarket US Fee Schedule: Taker fee is 0.01% of the total contract Premium.
Foresight News reports that the prediction market platform Polymarket US has released a trading fee schedule applicable to all markets. The trading fees are charged for instant matching Taker Orders, calculated at 1 basis point (0.01%) of the total contract Premium. Currently, the QCEX website has been redirected to Polymarket US and Polymarket Clearing. Previously, Polymarket acquired the CFTC-licensed exchange and clearing house QCEX for $112 million in July this year. According to prior reports from Foresight News and Bloomberg, sources have revealed that Polymarket plans to return to the U.S. market in the coming weeks, focusing on sports event predictions. Sources say that Polymarket is expected to launch initial trading by the end of November but will not be fully open to everyone.