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PredictIt alternatives

PredictIt alternatives in Sweden

PredictIt status in Sweden:Blocked

Is PredictIt legal in Sweden?

Quick answer

PredictIt doesn't serve Sweden. The platform operates under a US CFTC no-action letter and a New Zealand academic-research permission; Sweden residents are filtered at KYC.

Available alternatives in Sweden

PlatformStatusNotes
Polymarket

Largest crypto-settled prediction market by volume; USDC on Polygon.

Blocked

Reachable via VPN, Polymarket ToS gray zone.

Kalshi

CFTC-regulated US exchange; USD settlement, KYC required.

Blocked

Manifold

Play-money prediction market, no real cash, free to use globally.

Available

Smarkets

UK-licensed betting exchange with political and event markets.

Restricted

Limitless

Newer on-chain prediction market on Base; lower fees, smaller volume.

Available

Regulatory context

FIFinansinspektionen (Swedish Financial Supervisory Authority)

Finansinspektionen is the Swedish FSA. It maintains a public warning list of unauthorized firms targeting Swedish residents with investment or crypto-related services.

Official source: fi.se

Other platforms in Sweden

Common questions

01

Is PredictIt legal in Sweden?

PredictIt doesn't serve Sweden. The platform operates under a US CFTC no-action letter and a New Zealand academic-research permission; Sweden residents are filtered at KYC.

02

What's the best PredictIt alternative in Sweden?

Manifold, Play-money prediction market, no real cash, free to use globally. It works natively from Sweden and is the cleanest fallback when PredictIt isn't an option.

03

Why is PredictIt so small?

It runs under an academic exception, not a full exchange license. Per-market position caps (~$850 USD) and a narrow US-politics catalog limit volume. The CFTC has repeatedly proposed pulling the no-action letter.

04

Is PredictIt being shut down?

The CFTC has indicated it intends to wind down PredictIt, but ongoing litigation has paused enforcement. The platform continues to operate for now; new traders should weigh that uncertainty.

05

Swedish alternatives?

Manifold and Limitless. No locally licensed prediction-market exchange.

06

VPN from Sweden?

Some users do. Same caveats.

Works with any orderbook

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Polymarket, Kalshi, Manifold, Limitless, Smarkets, Qotify's vision AI reads any orderbook image and returns implied probability, fair value, edge, and a suggested action.

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