In this guide
How to Deposit on Polymarket from the UK
Polymarket restricts access for users based in the UK, however PolyGram provides unrestricted access to the identical CLOB order book alongside purpose-built UK deposit options. All positions settle via USDC across the Polygon blockchain.
UK Deposit Methods Available on PolyGram
Bank Transfer (Faster Payments / Open Banking)
British traders may fund PolyGram wallets using Faster Payments via PolyGram's licensed fiat gateway partner. Your deposit automatically converts to USDC and lands in your account within roughly 5 minutes. The floor deposit sits at £10. PolyGram itself levies no charge — your on-ramp provider applies a 1–1.5% conversion fee.
Debit & Credit Card
Both Visa and Mastercard debit cards work seamlessly. Credit card payments risk rejection from your issuer if treated as a cash advance — debit remains the safer choice. The on-ramp typically charges around 1.8% for card-based deposits.
Klarna
Klarna's Pay Later service is available for qualifying UK members. You can execute trades straightaway and pay the bill over the following month. You'll need an active Klarna account in good standing to use this feature.
Crypto (USDC, ETH, BTC)
Transfer USDC directly to your PolyGram Polygon address from any major exchange (Coinbase, Kraken, Binance). You may also send ETH or BTC — PolyGram's bridge handles the swap to USDC instantly. This route suits serious traders seeking speed and minimal cost. Polygon blocks settle 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 minimum entry is $10 equivalent. PolyGram imposes no upper ceiling on deposit size. KYC verification becomes mandatory once your cumulative deposits reach $1,500. The identity check completes in 2–5 minutes.
How Long Do Deposits Take?
- Bank transfer: 2–10 minutes
- Card: instant–3 minutes
- Crypto USDC: 30 seconds–2 minutes