What currency does Polymarket use?

Polymarket settles trades in USDC, a stablecoin pegged to the US dollar.

Which networks can I use to deposit?

**[verify before publishing: current supported networks for deposits]** Always confirm the network before sending funds.

What happens if I send funds on the wrong network?

Funds sent on an unsupported network can be permanently lost, so always double-check before transferring.

Are there fees for depositing?

You may pay a network transaction fee separate from any platform fee; see our fees guide for details.

Why is my Polymarket deposit not showing up?

Check that you used the right network and token, wait for confirmations, then contact official support.

What is the Polymarket minimum deposit?

Minimums depend on the deposit method; the app shows them before you pay.

Which crypto wallet works for Polymarket?

Polymarket creates a wallet for you, or you can connect a compatible Polygon wallet.

Why can't I deposit on Polymarket?

You may be in a restricted region or using an unsupported method. Don't try to bypass restrictions.

How to Deposit on Polymarket: USDC & Networks Guide

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How to Deposit on Polymarket: USDC, Tokens, and Networks

A clear walkthrough of how to deposit on Polymarket using USDC, including supported tokens and networks to check.

Before you can place a trade, you need funds in your account. This guide covers how to deposit on Polymarket, including supported tokens and networks.

How to deposit on Polymarket: what it uses

Polymarket trades settle in USDC, a US-dollar-pegged stablecoin. Depositing USDC means your account balance reflects US dollars without holding traditional fiat directly. Prices on the platform always sit between 1¢ and 99¢, and a winning share pays $1.

Supported tokens and networks

Polymarket generally accepts USDC and may support deposits via specific blockchain networks, sometimes converting other assets automatically.

[verify before publishing: full current list of supported tokens for deposit]
[verify before publishing: full current list of supported networks, e.g. Polygon, Ethereum mainnet, or others]
[verify before publishing: whether direct fiat/card deposits are offered, and in which countries]

Sending funds on the wrong network is a common and costly mistake. Always confirm the network matches what the platform expects before transferring.

Step-by-step deposit process

Log into your Polymarket account.
Navigate to the deposit or funds section.
Choose your deposit method (crypto transfer, or a supported on-ramp).
Copy the deposit address or follow the on-ramp instructions carefully.
Confirm the transaction and wait for network confirmations.

[verify before publishing: typical deposit processing time and any minimum deposit amount]

Double-check before you send

Small mistakes with wallet addresses or networks can mean permanently lost funds. Copy-paste the deposit address rather than typing it, and send a small test amount first if you're unsure.

Fees to be aware of

Deposits may involve network transaction fees separate from any platform fee. For a full breakdown of platform costs, see our guide on Polymarket fees. Understanding fees matters just as much as understanding how prediction markets work.

Country and eligibility reminder

You should only attempt a deposit after confirming your country can access Polymarket. Review the Countries page if you haven't already completed the sign-up process.

After your deposit clears

Once your balance shows the deposited USDC, you're ready to explore markets. Our guide on how to trade on Polymarket walks through placing your first order.

Summary

Polymarket settles trades in USDC.
Confirm supported tokens and networks before sending funds.
Double-check addresses and networks to avoid losing funds.
Account for network fees alongside any platform fee.
Only deposit after confirming country eligibility.

FAQ

Knowing exactly how to deposit on Polymarket correctly the first time avoids delays and costly mistakes later.

Choosing between crypto and other funding methods

Most Polymarket users fund their accounts with existing crypto holdings, transferring USDC (or converting another asset first) from an external wallet or exchange. Some regions may offer additional on-ramp options.

If you already hold USDC, transferring it directly is usually the simplest path.
If you hold a different cryptocurrency, you may need to convert it to USDC first, either before or during the deposit process.
If you have no crypto at all, you'll likely need to buy USDC on an exchange first, then transfer it.

[verify before publishing: whether Polymarket supports buying USDC directly on-platform with a card, and in which countries]

Keeping a record of your deposits

Track each deposit's date, amount, and transaction reference. This makes it far easier to reconcile your balance later, calculate any gains for tax purposes, and troubleshoot if a deposit seems delayed.

When a deposit doesn't show up

If your balance doesn't update after sending funds, check the transaction on a blockchain explorer to confirm it was sent to the correct address and network. Delays can also happen during periods of network congestion.

[verify before publishing: recommended support channel and expected response time for deposit issues]