In this guide
How to Withdraw from Polymarket in the UK
Withdrawing from Polymarket is straightforward: you transfer USDC from your Polymarket wallet to any external wallet address on Polygon, then convert USDC to GBP via a crypto exchange. The entire process typically takes under 30 minutes once your exchange account is verified.
Step-by-Step Withdrawal Process
- Step 1: Log into Polymarket and click "Withdraw" in your wallet panel
- Step 2: Enter your Polygon wallet address (MetaMask, Coinbase Wallet, etc.)
- Step 3: Confirm the transaction in your wallet — gas fees on Polygon are typically under $0.01
- Step 4: Transfer USDC to a UK exchange (Coinbase, Kraken, Revolut Crypto)
- Step 5: Sell USDC for GBP and withdraw to your bank
How Long Does a Polymarket Withdrawal Take?
Polygon transactions confirm in approximately 2–5 seconds, so your USDC arrives at the exchange almost instantly. Exchange processing (fiat conversion + bank transfer) typically takes 1–3 business days, depending on your bank and the exchange.
Withdrawal Limits
Polymarket itself has no withdrawal minimums or maximums — you can withdraw any amount at any time. Your exchange may impose its own limits depending on your KYC verification level.
Best UK Exchanges for Converting USDC to GBP
- Coinbase UK — FCA-registered, direct GBP payouts via Faster Payments
- Kraken — Low fees, supports GBP SEPA and Faster Payments
- Revolut — Instant conversion, direct to Revolut GBP balance
- Binance UK — High liquidity, variable GBP withdrawal fees