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Polymarket rolls out new trading limits to help users fight betting addiction

Reported by Aakash Bora (Staff Writer) · Economic Times - Markets ·

Unconfirmed — Reported by one source so far

Reported by one source so far

Important
Polymarket rolls out new trading limits to help users fight betting addictionRepresentative image · Pexels

Prediction market platform Polymarket has launched new features to help users control excessive trading habits. The update includes optional deposit limits and self-imposed lock-outs that users can set to match their own needs. The startup has also set up a Trust and Safety Centre to show its focus on user security. To provide extra help, Polymarket is working with Birches Health to give users direct access to mental health support and addiction resources.

Context

Online trading platforms and betting sites often face pressure to protect vulnerable users from heavy financial losses. Adding self-control tools like deposit caps and account lock-outs is a common step for digital platforms to promote safer user habits.

Read more at Economic Times - Markets →