In this guide
How to Deposit on Polymarket from the UK
Polymarket enforces geofencing that blocks UK-based users, yet PolyGram provides unrestricted access to the identical CLOB order book alongside purpose-built UK funding options. All positions settle in USDC via the Polygon blockchain.
UK Deposit Methods Available on PolyGram
Bank Transfer (Faster Payments / Open Banking)
British traders may top up their PolyGram wallet using Faster Payments through PolyGram's licensed fiat gateway. Your pounds convert to USDC instantly, with settlement typically happening within 5 minutes. The floor deposit sits at £10. PolyGram itself levies no charge — your on-ramp provider takes 1–1.5%.
Debit & Credit Card
Both Visa and Mastercard debit options work seamlessly. Should you attempt a credit card deposit, your issuer may reject it as a cash advance — stick with debit when feasible. The on-ramp charges roughly 1.8% in processing costs.
Klarna
Klarna's Pay Later scheme is available for qualifying UK members. You can execute trades immediately and defer payment for up to 30 days. You'll need an active, compliant Klarna account to use this feature.
Crypto (USDC, ETH, BTC)
Transfer USDC straight to your PolyGram Polygon address from any major exchange (Coinbase, Kraken, Binance). Alternatively, deposit ETH or BTC — PolyGram's bridge automatically swaps these to USDC. Preferred by high-frequency traders due to speed and minimal cost. Polygon confirmations occur 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
The floor is $10 in equivalent value. PolyGram imposes no ceiling on deposit amounts. Should your cumulative deposits cross $1,500, KYC verification becomes mandatory. Identity checks typically conclude within 2–5 minutes.
How Long Do Deposits Take?
- Bank transfer: 2–10 minutes
- Card: instant–3 minutes
- Crypto USDC: 30 seconds–2 minutes