In this guide
How to Deposit on Polymarket from the UK
PolyGram provides unrestricted access to the identical CLOB order book with tailored UK funding options, as Polymarket remains geoblocked in the region. Settlement of all contracts occurs in USDC across the Polygon network.
UK Deposit Methods Available on PolyGram
Bank Transfer (Faster Payments / Open Banking)
British traders may fund their PolyGram wallet using Faster Payments via PolyGram's fiat gateway partner. Deposits are instantly converted to USDC and usually land within 5 minutes. The entry threshold stands at £10. PolyGram levies no charge; the gateway operator applies a 1–1.5% commission.
Debit & Credit Card
Mastercard and Visa debit cards are supported. Your financial institution may reject credit card transactions if flagged as cash advances — debit cards are the safer option. Typical on-ramp cost: around 1.8%.
Klarna
Klarna's deferred payment service is available for qualifying UK members. The feature enables you to execute trades immediately whilst deferring payment for up to 30 days. Eligibility requires an active, compliant Klarna account.
Crypto (USDC, ETH, BTC)
Transfer USDC directly from any major exchange (Binance, Kraken, Coinbase) to your PolyGram Polygon address. You may also send ETH or BTC — PolyGram's conversion layer will swap these to USDC automatically. The most economical and rapid choice for frequent traders. Polygon blocks finalise in less than 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 equivalent; PolyGram enforces no ceiling on deposit amounts. KYC verification becomes mandatory once total deposits exceed $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