GuideJanuary 25, 20265 min read

How to Deposit on Polymarket: USDC, Crypto, and Wallet Setup

Learn how to deposit funds on Polymarket. Step-by-step guide for USDC deposits, wallet connections, and funding your account.

Polymarket uses USDC on the Polygon network for trading. Here's how to deposit funds and start trading.

What You Need

  • Crypto wallet: MetaMask, Phantom, or compatible wallet
  • USDC: On Polygon network (not Ethereum mainnet)
  • Small amount of MATIC: For gas fees (minimal)

Deposit Steps

  1. Connect your wallet to Polymarket
  2. Ensure you have USDC on Polygon
  3. Approve USDC spending
  4. Deposit to your Polymarket account

Phantom Wallet Issues

If Phantom deposits aren't working:

  • Check network: Ensure you're on Polygon, not Solana
  • Update wallet: Use latest Phantom version
  • Clear cache: Try disconnecting and reconnecting
  • Try alternative: MetaMask often has fewer issues

Getting USDC on Polygon

  • Bridge from Ethereum: Use Polygon Bridge
  • Buy directly: Some exchanges support Polygon withdrawals
  • Swap on Polygon: Use a DEX if you have other Polygon tokens

Troubleshooting

  • Deposits not showing? Wait a few minutes for confirmation
  • Transaction failed? Check you have MATIC for gas
  • Wrong network? Bridge your USDC to Polygon

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