Polymarket is accessible in Romania — the platform does not geoblock Romanian IP addresses. Romania has a growing and notably tech-savvy crypto community, strong local exchanges and on-ramps, and one of the highest rates of crypto interest in the region. Here’s what Romanian users need to know about using Polymarket.
Current Status: Accessible
Romania is not on Polymarket’s geoblocked countries list. The platform is fully accessible from Romanian IP addresses. Romanian users can sign up, deposit, and trade on all available markets.
Romania’s crypto ecosystem is well established. The country has ranked among the top European markets for crypto searches and adoption, and it features a number of local exchanges and on-ramps — including the homegrown MultiversX blockchain ecosystem. EU-level regulation (notably MiCA) is expected to further formalize the sector over the coming years.
The legal landscape for prediction markets in Romania sits in a grey area. Online gambling is regulated and licensed under the National Gambling Office (ONJN), but decentralized, crypto-based prediction markets are not specifically addressed by Romanian law. There’s no record of enforcement against Romanian Polymarket users.
The Legal Landscape
Gambling Regulation — ONJN
Romania runs a fully licensed online gambling market. The National Gambling Office (ONJN, Oficiul Național pentru Jocuri de Noroc) is the public authority responsible for licensing and supervising both land-based and remote (online) gambling activity.
- Online gambling is permitted only through a license issued by ONJN
- The core gambling framework is set out in Government Emergency Ordinance (GEO) No. 77/2009, as amended
- Foreign operators cannot offer remote gambling services in Romania without obtaining a local license
However, the gambling law targets licensed gambling operators. Decentralized, crypto-based platforms like Polymarket — where users trade between themselves rather than against a central house — fall outside the scope of the gambling licensing regime and sit in an unregulated grey area.
Crypto Regulation
Cryptocurrency is legal in Romania. It is not recognized as legal tender, but holding, buying, selling, and trading digital assets is permitted.
- Romania is an EU member and is applying the EU Markets in Crypto-Assets Regulation (MiCA), with crypto-asset service providers transitioning to MiCA authorization
- The National Bank of Romania (BNR) has issued cautionary statements treating crypto as a speculative, volatile asset class
- The Authority for Financial Surveillance (ASF) supervises financial markets and follows European Securities and Markets Authority (ESMA) guidance on tokens that qualify as financial instruments
- Exchange and digital wallet providers are subject to EU anti-money-laundering obligations (KYC and transaction reporting)
Virtual currency is treated as “income from other sources” for tax purposes under the Fiscal Code (Law 227/2015). There is no dedicated crypto law or full regulatory framework governing prediction markets specifically.
Where Prediction Markets Sit
Prediction markets are not explicitly addressed by Romanian gambling or financial law. Because Polymarket is a decentralized, crypto-funded platform where users trade event-based positions with each other, it falls into an unregulated gap between Romania’s gambling law and its financial regulation. There has been no enforcement action against individual Romanian Polymarket users.
How to Deposit from Romania
Romania has a solid crypto on-ramp ecosystem, with global exchanges and local platforms offering RON funding.
Step 1: Buy USDC on a Local Exchange
| Exchange | Bank Transfer | Card | Notes |
|---|---|---|---|
| Binance | Yes (SEPA) | Yes | Global leader; RON P2P and card purchases available |
| Tokero | Yes | Yes | Romanian-regulated crypto exchange; supports USDC and RON |
| Tradesilvania | Yes | Yes | Romanian on-ramp; works inside Binance’s “Buy with RON” flow |
| Remitano | Yes (P2P) | Yes | P2P-focused exchange popular in Romania |
Deposit Methods Explained
Bank transfer (SEPA): As a Romanian user you can fund your exchange account via bank transfer from banks like Banca Transilvania, BCR, or BRD. Romania is part of the EU’s SEPA system, which makes transfers fast and reliable.
Card payments: Most global and local exchanges accept Visa/Mastercard deposits in RON. This is the simplest route for smaller amounts, though card fees can be slightly higher than bank transfers.
P2P (peer-to-peer): Binance P2P and local on-ramps let you buy USDC directly from other users, often at competitive RON rates.
Step 2: Transfer USDC to Polymarket
- Go to Deposit on Polymarket
- Select Use Crypto and copy your deposit address
- Send USDC from your exchange to the Polymarket address
- Choose Polygon for the lowest fees ($3 minimum, arrives in seconds)
For the full walkthrough, see our How to Deposit on Polymarket guide.
Tax Implications
Income Tax on Crypto Gains
Romania taxes crypto gains as “income from other sources” under the Fiscal Code (Law 227/2015, Article 116).
- The tax rate on virtual currency gains is a flat 16% on the net gain (selling price minus purchase price)
- This increased from 10% to 16% for income realized from 1 January 2026 under Law 239/2025
- You are responsible for calculating and declaring your own gains — this is not withheld by an exchange
- Crypto losses are not taxed; in some cases they may offset gains
Reporting Requirements
- You must report crypto gains through ANAF’s single tax return, generally due by 25 May of the following year
- Keep records of all deposits, trades, withdrawals, and RON conversion rates
- Romania is implementing the EU’s crypto-asset reporting framework (DAC8), with crypto-asset service providers reporting transactions to tax authorities
Exemptions
- No VAT is charged on converting virtual currency into Romanian lei or euros
- Gains of up to RON 200 per transaction are non-taxable, provided your total annual gains stay under RON 600
- Purchasing crypto, HODLing, and transferring between your own wallets are generally not taxable events
Because crypto tax guidance in Romania continues to evolve, consider consulting a tax advisor for your specific situation.
Getting Started
If you’re in Romania and want to start trading on Polymarket:
- Sign up for Polymarket — under 2 minutes, no KYC required
- Buy USDC on Binance or Tokero via bank transfer or card
- Deposit on Polymarket — transfer USDC via Polygon
- Place your first trade — start with a small amount
- Use limit orders to avoid taker fees — only taker orders pay fees on Polymarket
Related Guides
- How to Sign Up for Polymarket — Create your account
- How to Deposit on Polymarket — Full deposit guide
- How to Trade on Polymarket — Market orders, limit orders, and tips
- Polymarket Fees Explained — Fee breakdown by category