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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.

Sarah Whitfield
Markets Editor — Political Forecasting · · 2 min read
✓ Fact-checked · 📅 Updated 9 June 2026 · 2 min read
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Getting Funds Into PolyGram from the United Kingdom

Although Polymarket operates under geofencing restrictions for users in the UK, PolyGram provides unrestricted access to the identical CLOB order book alongside purpose-built UK funding pathways. Every contract resolves in USDC across the Polygon blockchain.

Funding Options for UK-Based PolyGram Traders

Bank Transfer (Faster Payments / Open Banking)

British traders may capitalise their PolyGram wallet using Faster Payments via PolyGram's fiat gateway partner. Deposits are instantly converted into USDC and normally settle in approximately 5 minutes. The entry threshold stands at £10. PolyGram itself levies no charge — the gateway operator applies a 1–1.5% conversion cost.

Debit & Credit Card

Both Visa and Mastercard debit instruments are supported. Your bank may reject credit card transactions if flagged as cash-like advances — debit cards present a safer option. Typical on-ramp cost: around 1.8%.

Klarna

Klarna's Pay Later service is available to qualifying UK participants. The feature enables you to execute trades immediately whilst repaying over a 30-day window at no interest. Eligibility requires an active, compliant Klarna account.

Crypto (USDC, ETH, BTC)

Transfer USDC to your PolyGram Polygon address from any major venue (Coinbase, Kraken, Binance). You may equally deposit ETH or BTC — the platform's bridge mechanism handles conversion to USDC automatically. The preferred route for high-frequency traders. Polygon settlement occurs within 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

Entry point: $10 equivalent. PolyGram imposes no ceiling on deposit volume. KYC screening activates once cumulative deposits exceed $1,500. Verification 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

Begin Trading UK Prediction Markets

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Sarah Whitfield
Markets Editor — Political Forecasting

Sarah has tracked political prediction markets and election forecasting since the 2020 US cycle. Focus: US presidential, congressional, and UK parliamentary contracts.