In this guide
How to Withdraw from Polymarket in the UK
Pulling funds out of Polymarket is a simple operation: you shift USDC from your Polymarket account to any external wallet on the Polygon network, then exchange that USDC for GBP through a licensed crypto platform. Most users complete this sequence in fewer than 30 minutes after their exchange account has been fully verified.
Step-by-Step Withdrawal Process
- Step 1: Access your Polymarket account and select "Withdraw" from the wallet section
- Step 2: Input your Polygon-compatible wallet address (such as MetaMask, Coinbase Wallet, or similar)
- Step 3: Authorise the transaction via your wallet — Polygon network charges are usually less than $0.01
- Step 4: Move your USDC to a UK-based exchange (Coinbase, Kraken, Revolut Crypto)
- Step 5: Exchange USDC for GBP and initiate a withdrawal to your bank account
How Long Does a Polymarket Withdrawal Take?
On the Polygon blockchain, transactions settle in roughly 2–5 seconds, meaning your USDC reaches the exchange nearly instantaneously. The exchange side of things—which covers currency conversion and moving funds to your bank—generally requires 1–3 working days, though this varies based on your financial institution and which exchange you're using.
Withdrawal Limits
Polymarket places no caps or floors on withdrawals — you're free to pull out whatever sum you wish whenever you choose. Individual exchanges may set their own restrictions based on how thoroughly you've completed their identity verification process.
Best UK Exchanges for Converting USDC to GBP
- Coinbase UK — Authorised by the FCA, offers immediate GBP transfers through Faster Payments
- Kraken — Competitive pricing, accepts both GBP SEPA and Faster Payments options
- Revolut — Seamless conversion, funds go straight into your Revolut GBP account
- Binance UK — Strong order book depth, GBP withdrawal costs vary by method