In this guide
How to Deposit on Polymarket from the UK
Polymarket enforces geoblocking for users in the UK, yet PolyGram delivers unrestricted access to the identical CLOB order book alongside purpose-built UK funding channels. Every contract concludes in USDC held on the Polygon blockchain.
UK Deposit Methods Available on PolyGram
Bank Transfer (Faster Payments / Open Banking)
British traders may capitalise their PolyGram wallet using Faster Payments via PolyGram's fiat gateway partner. Your sterling converts to USDC instantly, settling in roughly 5 minutes. The minimum entry is £10. PolyGram itself levies no charge; the gateway operator takes 1–1.5%.
Debit & Credit Card
Both Visa and Mastercard debit cards work seamlessly. Credit card transactions occasionally get blocked by issuers who flag them as cash advances — debit is the safer choice. The on-ramp charges approximately 1.8% per transaction.
Klarna
Klarna's Pay Later service is available for qualifying UK members. You execute trades straightaway and repay the balance over 30 days interest-free. You'll need an active Klarna account in good standing to use this option.
Crypto (USDC, ETH, BTC)
Deposit USDC directly to your PolyGram Polygon address from any major exchange (Coinbase, Kraken, Binance). Alternatively, transfer ETH or BTC — the platform's bridge automatically swaps these to USDC. This remains the quickest and most economical route for frequent traders. 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 equivalent; PolyGram places no ceiling on deposit size. KYC becomes mandatory once your cumulative deposits cross $1,500. Identity checks complete in 2–5 minutes.
How Long Do Deposits Take?
- Bank transfer: 2–10 minutes
- Card: instant–3 minutes
- Crypto USDC: 30 seconds–2 minutes