In this guide
How to Deposit on Polymarket from the UK
Polymarket restricts access for users based in the UK, though PolyGram provides unrestricted entry to the identical CLOB order book alongside purpose-built UK funding pathways. All positions settle via USDC on the Polygon blockchain.
UK Deposit Methods Available on PolyGram
Bank Transfer (Faster Payments / Open Banking)
British account holders can top up their PolyGram wallet using Faster Payments through PolyGram's licensed fiat gateway partner. Your sterling converts to USDC instantly and lands in your account within roughly 5 minutes. The entry threshold stands at £10. PolyGram itself levies no charge — your on-ramp provider takes 1–1.5% as their fee.
Debit & Credit Card
Both Visa and Mastercard debit options work without issue. Note that credit card transactions sometimes get blocked by issuers who treat them as cash-like advances — a debit card is the safer choice. Expect to pay around 1.8% in processing costs through the on-ramp gateway.
Klarna
Klarna's flexible payment option is available to UK members who hold an active Klarna account. The service allows you to execute trades immediately whilst spreading repayment across a 30-day window at no interest.
Crypto (USDC, ETH, BTC)
Transfer USDC straight into your PolyGram Polygon address from any major platform such as Coinbase, Kraken, or Binance. You may equally send ETH or BTC — the platform's integrated bridge will swap these into USDC on your behalf. This route offers the quickest settlement and lowest friction for frequent traders. Polygon confirmations happen in under sixty seconds.
Deposit Fees Comparison
- Bank transfer: ~1–1.5% on-ramp fee
- Debit card: ~1.8% on-ramp fee
- Klarna: 0% (interest-free 30-day)
- Crypto (USDC direct): ~$0.001 Polygon gas only
Minimum and Maximum Deposits
The floor is $10 in equivalent value. PolyGram imposes no ceiling on deposit amounts. Identity verification becomes mandatory once your cumulative deposits reach $1,500 or above. The verification process completes in 2–5 minutes on average.
How Long Do Deposits Take?
- Bank transfer: 2–10 minutes
- Card: instant–3 minutes
- Crypto USDC: 30 seconds–2 minutes