In this guide
How to Deposit on Polymarket from the UK
Polymarket restricts access for users in the UK, though PolyGram offers unrestricted entry to the identical CLOB order book alongside dedicated UK funding pathways. Every contract resolves in USDC across 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 via PolyGram's licensed fiat gateway. Your pounds convert instantly to USDC and land in your account within roughly 5 minutes. The floor is £10 per transaction. PolyGram itself levies no charge — your fiat provider takes 1–1.5%.
Debit & Credit Card
Both Visa and Mastercard debit options work seamlessly. Credit card transactions sometimes trigger bank blocks if flagged as cash-like activity — debit is the safer route. Expect around 1.8% in processing costs through the fiat partner.
Klarna
Klarna's buy-now-pay-later scheme is live for qualifying UK members. You can execute trades immediately and repay the balance over the next 30 days penalty-free. You'll need an active, compliant Klarna account to use this method.
Crypto (USDC, ETH, BTC)
Transfer USDC directly from your preferred exchange (Coinbase, Kraken, Binance, etc.) straight to your PolyGram Polygon address. You can also send ETH or BTC — the platform's built-in swap will handle the conversion to USDC automatically. This is the quickest and most economical choice for frequent traders. Polygon blocks settle in under 60 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
Floor amount: $10 in equivalent value. PolyGram places no ceiling on deposit size. Know Your Customer checks apply once cumulative deposits hit $1,500. Identity confirmation 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