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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 geoblocking restrictions for users based in the UK, PolyGram provides unrestricted access to the identical CLOB order book whilst offering deposit pathways tailored to British account holders. All positions settle in USDC across the Polygon blockchain.

Funding Options for UK-Based PolyGram Traders

Bank Transfer (Faster Payments / Open Banking)

British account holders can top up their PolyGram balance using Faster Payments, processed through PolyGram's licensed fiat gateway partner. Your sterling converts to USDC instantly, with funds appearing in your account typically within 5 minutes. The entry threshold stands at £10. PolyGram itself levies no charge; the gateway operator applies a 1–1.5% conversion margin.

Debit & Credit Card

Both Visa and Mastercard debit cards work seamlessly. Credit card transactions risk rejection from your issuer if flagged as cash-like activity — debit remains the safer choice. The on-ramp charges roughly 1.8% per transaction.

Klarna

UK residents with active Klarna accounts gain access to Klarna Pay Later integration. Execute your trades immediately and defer payment for up to 30 days interest-free. Eligibility requires an existing, compliant Klarna profile.

Crypto (USDC, ETH, BTC)

Transfer USDC directly into your PolyGram Polygon address from major platforms such as Coinbase, Kraken, or Binance. You may also deposit ETH or BTC — the protocol automatically bridges these into USDC. This route offers the tightest spreads and fastest settlement for high-frequency 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

Deposits begin at $10 equivalent. PolyGram enforces no upper ceiling on account funding. Identity verification becomes mandatory once cumulative deposits reach $1,500. The KYC process 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

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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.