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Polymarket Deposit Methods in the UK: Bank Transfer, Crypto & More

How to deposit on Polymarket in the UK in 2026 — bank transfer, open banking, crypto, Klarna and fees explained. All methods work via PolyGram.

Marc Jakob
Senior Editor — Prediction Markets · · 2 min read
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How to Deposit on Polymarket from the UK

Polymarket is geoblocked for UK users, but PolyGram gives full access to the same CLOB order book with native UK deposit options. All contracts settle in USDC on the Polygon network.

UK Deposit Methods Available on PolyGram

Bank Transfer (Faster Payments / Open Banking)

UK traders can fund their PolyGram account via Faster Payments through PolyGram's fiat on-ramp partner. Funds convert to USDC automatically and typically arrive within 5 minutes. Minimum deposit is £10. No fee charged by PolyGram — the on-ramp provider charges 1–1.5%.

Debit & Credit Card

Visa and Mastercard debit cards are accepted. Credit card deposits may be declined by your bank if categorised as a cash advance — use a debit card where possible. Processing fee: approximately 1.8% via the on-ramp.

Klarna

Klarna Pay Later is integrated for eligible UK users. This lets you place trades now and settle the cost within 30 days. Available to users with an existing Klarna account in good standing.

Crypto (USDC, ETH, BTC)

Send USDC directly to your PolyGram Polygon wallet address from any exchange (Coinbase, Kraken, Binance). Alternatively, send ETH or BTC — PolyGram's bridge will auto-convert to USDC. Fastest and cheapest method for active traders. Polygon transactions confirm in under a minute.

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

Minimum: $10 equivalent. There is no maximum deposit limit on PolyGram. KYC is required for cumulative deposits over $1,500. ID verification takes 2–5 minutes.

How Long Do Deposits Take?

  • Bank transfer: 2–10 minutes
  • Card: instant–3 minutes
  • Crypto USDC: 30 seconds–2 minutes

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Marc Jakob
Senior Editor — Prediction Markets

Marc has covered prediction markets and crypto order flow since 2018. Writes for PolyGram on market structure, on-chain settlement, and regulatory developments.