How to deposit on Polymarket: USDC, card or Coinbase

You can deposit on Polymarket in three ways: send USDC from an exchange or wallet, pay by card through a third-party processor, or connect your Coinbase account. From Latin America or Africa, the most direct route is usually to buy USDC on an exchange you already use and send it over the Polygon network to your deposit address. Polymarket charges nothing to deposit; the costs come from the exchange or the card provider.

The essentials

Polymarket runs on pUSD, its own stablecoin on Polygon. Any USDC you deposit (native or USDC.e) is converted to pUSD automatically.
Your deposit address is unique to your wallet and to each network type (EVM, Solana, Bitcoin, Tron).
Sending an unsupported token, or using the wrong network, can lose your money for good.
The minimum depends on the network and token. The deposit screen shows it before you send.

Create a Polymarket account first

You need an account before you can deposit. The help centre lists three ways to sign up: with Google, with your email (you get a 6-digit code you should never share) or by connecting a crypto wallet. If you go the wallet route, the guide to Polymarket with MetaMask and Coinbase covers what you will be asked to sign.

Polymarket deposit methods

Route	How it works	Who charges
Crypto transfer	You send USDC to your deposit address from an exchange or wallet	The exchange (withdrawal and sometimes network fee)
Card	A third-party processor charges your card and credits your balance	The processor, with fees that vary by country and provider
Coinbase	You link your Coinbase account from the deposit window	Coinbase, under its own terms

Deposit on Polymarket with crypto

This route gives you the most control. Polymarket accepts native USDC or USDC.e from EVM networks (Ethereum, Arbitrum, Base, Optimism, Polygon and others), plus Solana, Bitcoin and Tron, through its “Collateral Onramp”, which converts everything to pUSD. The exact list of tokens and networks lives in the official deposit documentation and on the deposit screen itself.

Debit or credit card

The interface lets you pay by card through an external processor. It is convenient, but the processor sets its own fees and limits, and these change by country and provider. Check the total before you confirm.

Coinbase

If you already have a Coinbase account, you can link it from the deposit window. Any conditions or charges are Coinbase’s. If you would rather use your own wallet such as MetaMask, or want to compare the two, read Polymarket with MetaMask or Coinbase.

Can you deposit on Polymarket with PayPal?

Not as a listed method. Neither Polymarket’s deposit documentation nor its help centre article on deposits mentions PayPal. The routes are the three above: crypto transfer, card through an external processor, and Coinbase. Be wary of anyone offering to “load” your account via PayPal for you.

How to deposit on Polymarket from Binance

These are the steps with Binance as the source exchange:

Buy USDC on Binance and keep it in your spot wallet.
Open Polymarket, go to Deposit, choose crypto transfer, USDC and the Polygon network. Copy your deposit address.
Withdraw from Binance: pick USDC, paste the address and select Polygon as the network. Make sure both sides show the same network.
Wait for the credit. Once the transfer confirms, refresh the page: the balance shows up as pUSD.

With a local exchange (Bitso in Mexico, Buda in Chile and Peru, Luno or VALR in South Africa) the steps are the same. If your exchange does not offer Polygon, use another supported network, but copy the address Polymarket shows for that network. Network fees on Polygon are a few cents and the exchange usually covers them when it processes the withdrawal.

Country pages list the usual exchanges and the legal status in each market: Mexico, Peru, Chile, Nigeria, Kenya, South Africa and the Philippines.

Polymarket USDC address and network

This is where most money gets lost. Keep these points in mind:

The address in Deposit belongs to one network type. The EVM address does not work for Solana, Bitcoin or Tron, and vice versa.
The simplest route is USDC on Polygon. The official asset list also includes USDT on 10 networks, but it changes over time: confirm on the deposit screen that your token and network appear before you send.
On your first deposit, send a small amount first, always above the minimum the screen shows.

What happens if you use the wrong network

A transfer on the wrong network, or with the wrong token, can be lost permanently. Polymarket runs recovery.polymarket.com to try to recover those transfers, but success is not assured. Checking twice before you confirm is far better.

Polymarket minimum deposit

The minimum changes by network and token. The help centre and the technical docs do not give the same figures for each network, so we do not quote a number here. What they agree on is a deposit below the minimum stays pending until your transfers add up to it. The figure that counts is the one on the deposit screen, so check it right before you send.

What depositing really costs

Polymarket charges no deposit or withdrawal fee. What you pay comes from third parties:

The exchange: its fee for buying USDC and, in some cases, for withdrawing it.
The network: a few cents on Polygon, usually paid by the exchange.
Card or Coinbase: their own fees, if you use those routes.

Once your balance is in, trading fees depend on the market category and on whether you act as a maker or a taker. See Polymarket fees and our guide to zero-fee limit orders.

Polymarket deposit time

Timing depends mostly on how fast your exchange processes the withdrawal and on the network you choose. If the balance does not appear, check your exchange history to confirm the transfer went out on the right network and to the right address, then follow what to do when a Polymarket deposit is not showing up.

Large deposits

For deposits above 50,000 USD from a network other than Polygon, Polymarket recommends a third-party bridge (DeBridge, Across or Portal) to your USDC address on Polygon.

Before you deposit

Make sure Polymarket is available where you live. Local authorities have ordered blocks in Spain, Argentina, Colombia, India and the Philippines, and in other countries accounts are close-only. See where Polymarket is legal. If you are new to the platform, start with what Polymarket is and then browse the most active markets.

Frequently asked questions

What is the minimum deposit on Polymarket?

It depends on the network and token. The deposit screen shows the current minimum for the network you pick. A smaller amount stays pending until your transfers reach that minimum.

Can I deposit on Polymarket from Binance?

Yes. Buy USDC on Binance, copy your Polymarket deposit address for the Polygon network and withdraw from Binance choosing that same network.

Can I deposit on Polymarket with PayPal?

PayPal does not appear among the deposit methods in Polymarket’s documentation or help centre. The listed routes are crypto transfer, card through an external processor and Coinbase.

Does Polymarket charge a deposit fee?

No. Polymarket charges no deposit fee. Any costs you see come from the exchange, the card processor or Coinbase.