Terms & Conditions

Last updated: April 2026. Please read these terms carefully before using SokoResult.

Risk disclosure: SokoResult is a real-money prediction market. You can lose some or all of the funds you deposit. Only trade with money you can afford to lose.

1. Eligibility

You must be at least 18 years old and a resident of Kenya (or another jurisdiction where prediction markets are lawful) to use SokoResult. By creating an account you confirm that you meet these requirements.

SokoResult is not available to politically-exposed persons subject to active sanctions, or to anyone barred from financial services by Kenyan law.

2. Your account

You are responsible for keeping your login credentials confidential. Do not share your account, and notify us immediately if you suspect unauthorised access. One person, one account.

3. Identity verification (KYC)

Before placing your first trade you must verify your identity by submitting a valid government-issued ID and a selfie. We use this information solely for compliance, fraud prevention and payout safety.

We may request additional documents (e.g. proof of address) for higher withdrawal tiers.

4. Deposits & balances

All balances on SokoResult are denominated in Kenyan Shillings (KES). Deposits are processed via M-Pesa and other supported channels. Funds are held in a segregated client account and never used for SokoResult operations.

Minimum deposit: KSh 100. We do not pay interest on idle balances.

5. Trading rules

Each share you buy in a market pays out KSh 100 if the outcome you backed is the official winner, and KSh 0 otherwise. Prices reflect the crowd's estimated probability and move automatically as users trade (LMSR market maker).

You may not place trades intended to manipulate prices, collude with other users, or exploit technical glitches. We reserve the right to cancel trades and refund users if we detect manipulation.

6. Market resolution

Each market lists the official source used to determine the winning outcome. Markets are resolved by the SokoResult operations team based on that source within 48 hours of the event ending.

If the outcome is genuinely ambiguous, we may extend the resolution window or refund all positions at their pre-event price.

7. Withdrawals

Verified users may withdraw their KES balance to the M-Pesa number on file at any time. Standard processing time is under 1 hour during business hours; up to 24 hours otherwise.

Maximum daily withdrawal depends on your verification tier. Contact support to upgrade.

8. Prohibited conduct

  • Creating multiple accounts to abuse promotions or limits
  • Using SokoResult for money laundering or to evade sanctions
  • Automated trading without prior written permission
  • Insider trading on markets where you have non-public information about the outcome
  • Harassing other users or the support team

9. Disputes

If you disagree with a market resolution, open a support ticket within 7 days. Our team will review the official source and respond within 3 business days. If you remain unsatisfied, you may escalate to a Kenyan court with jurisdiction in Nairobi.

10. Privacy

We collect only the data needed to run your account, comply with regulators and prevent fraud. We never sell your data. See our privacy notice (in the Contact page) for the full details.

11. Changes to these terms

We may update these terms from time to time. Material changes will be announced by email and an in-app notice at least 14 days before they take effect. Continued use of SokoResult after the effective date means you accept the updated terms.

12. Contact

Questions? Visit our Contact & FAQ page or open a ticket from the Support tab inside the app.

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