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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 United Kingdom

Polymarket operates under geoblocking restrictions for residents of the UK, yet PolyGram delivers 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 Users

Direct Bank Payment (Faster Payments / Open Banking)

British traders may capitalise their PolyGram wallet using Faster Payments via PolyGram's licensed fiat gateway partner. Your sterling converts to USDC instantaneously, with deposits settling in roughly 5 minutes on average. The minimum required deposit stands at £10. PolyGram itself levies no charge; the gateway operator applies a 1–1.5% conversion fee.

Visa and Mastercard Options

Both debit and credit Visa and Mastercard products work seamlessly. Be aware that credit card issuers may reject deposits flagged as cash-like transactions — prioritise your debit card when feasible. The on-ramp charges approximately 1.8% per transaction.

Klarna Buy Now, Pay Later

Klarna's deferred-payment service is available to qualifying UK members. This arrangement permits you to execute trades immediately whilst deferring payment for up to 30 days. You must maintain an active, compliant Klarna account to utilise this option.

Digital Assets (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 conversion layer handles the swap to USDC seamlessly. This represents the swiftest and most economical route for high-frequency traders. Polygon settlement occurs in under 60 seconds.

Fee Structure by Deposit Method

  • Bank transfer: ~1–1.5% gateway fee
  • Debit card: ~1.8% gateway fee
  • Klarna: 0% (interest-free 30-day window)
  • Crypto (USDC direct): ~$0.001 Polygon network cost only

Deposit Thresholds and Verification

Minimum funding requirement: $10 in equivalent value. PolyGram enforces no upper ceiling on deposit amounts. Identity verification becomes mandatory once cumulative deposits surpass $1,500. The KYC process completes in 2–5 minutes.

Settlement Timelines for Each Method

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

Begin Participating in UK Election and Political Markets

Fund your account and start trading on PolyGram →

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.