TL;DR

Polymarket accepts major cryptocurrencies including BTC, ETH, USDT, and USDC. Each user receives a unique deposit address for seamless transfers from any crypto exchange or wallet. Deposits typically process after blockchain confirmation, with no platform deposit fees (network fees apply).

Supported Cryptocurrencies

Polymarket offers flexibility in deposit options, accepting multiple cryptocurrencies to accommodate different user preferences and holdings.

Major Coins Accepted

The platform supports widely-held cryptocurrencies:

Cryptocurrency	Symbol	Type	Typical Confirmation Time
Bitcoin	BTC	Digital Currency	10-60 minutes
Ethereum	ETH	Digital Currency	2-5 minutes
Tether	USDT	Stablecoin	Varies by network
USD Coin	USDC	Stablecoin	Varies by network

Note: Polygon and USDC are NOT mandatory. Users can deposit using any of the supported cryptocurrencies based on their preference.

Stablecoin Options (USDT, USDC)

Stablecoins offer advantages for some users:

Price stability: Pegged to USD, reducing volatility risk during deposit
Predictable value: 1 USDT or USDC approximately equals $1
Multiple networks: Available on various blockchains with different fee structures
Common exchange support: Widely available on major exchanges

How Deposits Work on Polymarket

Understanding the deposit mechanism helps ensure smooth fund transfers.

Unique Deposit Addresses

Polymarket's deposit system features personalized addresses:

Each user receives a unique deposit address upon account creation
This address is exclusively linked to your account
Funds sent to this address are automatically credited to your balance
You can reuse the same address for multiple deposits

Deposit Processing Times

Processing speed depends on blockchain confirmation:

Bitcoin: Typically 1-6 confirmations (10-60 minutes)
Ethereum: Usually 12 confirmations (2-5 minutes)
Stablecoins: Varies based on the network used
Network congestion: May extend processing times during high activity periods

Step-by-Step Deposit Process

Follow these steps to deposit cryptocurrency on Polymarket:

Access Your Deposit Address

Log into your Polymarket account and navigate to the deposit section. You'll find your unique deposit address displayed. Copy this address carefully — cryptocurrency transactions are irreversible.

Send Funds from Exchange or Wallet

Open your cryptocurrency exchange (Binance, Coinbase, Kraken, etc.) or personal wallet. Initiate a withdrawal/send transaction to the address you copied. Double-check the address before confirming.

Confirm Transaction

Complete any verification steps required by your exchange or wallet (2FA, email confirmation, etc.). Monitor the transaction status — most platforms provide tracking information.

Funds Appear in Account

Once the blockchain confirms the transaction, your funds will appear in your Polymarket balance. You can then begin trading on available markets.

Ready to Fund Your Account?

Visit the official Polymarket platform to access your unique deposit address and start trading.

Go to Polymarket

Depositing from Popular Exchanges

Most cryptocurrency users fund Polymarket from major exchanges. Here's what to consider:

Binance, Coinbase, Kraken

Withdrawal process: Navigate to the withdrawal section for your chosen cryptocurrency
Address format: Paste your Polymarket deposit address exactly as provided
Verification: Complete any required security verifications
Processing time: Exchange withdrawals may have built-in delays for security

Network Selection Tips

When withdrawing from exchanges, pay attention to network selection:

Verify network compatibility: Ensure the network you select matches what Polymarket accepts
Compare fees: Different networks have different transaction costs
Check minimum amounts: Some networks have minimum withdrawal thresholds
Confirm address format: Address formats may vary by network

Important Deposit Considerations

Keep these factors in mind when depositing on Polymarket:

Network Fees

Polymarket does not charge deposit fees
Blockchain network fees apply (paid to miners/validators)
Fee amounts vary based on network congestion
Bitcoin and Ethereum mainnet typically have higher fees

Minimum Deposit Amounts

Check current minimum deposit requirements before sending
Amounts below minimums may be lost or require manual recovery
Factor in network fees when calculating deposit amounts

Transaction Confirmation Times

Blockchain confirmations required before funds are available
Confirmation times increase during network congestion
Be patient during peak usage periods
Your funds are not lost during the confirmation process

Troubleshooting Deposits

If your deposit doesn't appear as expected:

Pending Transaction

Check the blockchain explorer for your transaction. If it shows pending or unconfirmed, wait for additional confirmations.

Incorrect Address

Verify you sent to the correct deposit address. Transactions to incorrect addresses cannot be reversed.

Wrong Network

Sending funds on an incompatible network may result in lost funds. Always verify network compatibility.

Below Minimum

Deposits below minimum thresholds may not credit automatically. Check platform requirements.

Start Trading on Polymarket

Access the official platform to get your deposit address and fund your account.