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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 Your PolyGram Account from the UK

Polymarket operates under geoblocking restrictions affecting United Kingdom residents, yet PolyGram delivers unrestricted entry to the identical CLOB order book alongside purpose-built UK funding pathways. Every contract position settles via USDC across the Polygon blockchain.

Funding Options for UK-Based PolyGram Traders

Bank Transfer (Faster Payments / Open Banking)

British account holders may capitalise their PolyGram wallet through Faster Payments utilising PolyGram's fiat gateway partner. Currency conversion to USDC happens instantaneously, with settlement typically occurring within 5 minutes. The entry threshold sits at £10. PolyGram itself levies no charge — your on-ramp provider deducts 1–1.5%.

Debit & Credit Card

Both Visa and Mastercard debit instruments are supported. Your issuing bank might reject credit card transactions if they classify the activity as a cash-like advance — prioritise debit where feasible. The on-ramp charges roughly 1.8% for this route.

Klarna

Klarna's buy-now-pay-later service integrates seamlessly for qualifying British customers. The arrangement permits you to execute trades immediately whilst deferring settlement across a 30-day window. You'll need an active, compliant Klarna account to participate.

Crypto (USDC, ETH, BTC)

Transfer USDC straight into your PolyGram Polygon address from any major platform (Coinbase, Kraken, Binance). Should you prefer, dispatch ETH or BTC instead — PolyGram's conversion layer handles the swap into USDC automatically. This approach delivers the swiftest execution and lowest cost for high-frequency participants. Polygon settlement completes in under 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

Entry floor: $10 in equivalent value. PolyGram enforces no ceiling on deposit size. Know-Your-Customer verification becomes mandatory once cumulative deposits exceed $1,500. The identity check concludes in 2–5 minutes.

How Long Do Deposits Take?

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

Start 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.