How do I deposit on Polymarket?

Three paths: (1) Buy USDC with a debit card via Moonpay inside the Polymarket app, (2) Transfer USDC from Coinbase or another exchange to your Polygon address, (3) Bridge from Ethereum mainnet. Moonpay is fastest for newcomers; direct USDC transfer is cheapest.

What is the minimum deposit on Polymarket?

Polymarket does not enforce a fixed minimum, but the practical floor is set by the cheapest on-ramp. Moonpay's minimum debit-card purchase is typically $20. Direct USDC transfers have no minimum beyond Polygon network fees of a few cents.

How fast can I withdraw from Polymarket?

Sells settle to your wallet immediately. Withdrawing back to a bank takes 1–3 business days via an exchange like Coinbase, or instant to a debit card via Moonpay (with a small processor fee).

Polymarket trades through the QCX CFTC-regulated entity for US users. Funds sit in your self-custodied Polygon wallet, not in a Polymarket account — Polymarket cannot freeze your USDC the way a centralized broker can. The trade-off is that losing your wallet seed = losing your funds.

How to Use Polymarket from Texas (2026)

Polymarket is legally available to Texans 21+ through its CFTC-regulated US entity, QCX. You can sign up with just an email — no MetaMask required. Funds live in a managed Polygon wallet you control.

The 6 steps

Open polymarket.com. Click Sign Up. Choose email (easiest — creates a managed Polygon wallet for you) or connect MetaMask / Coinbase Wallet.
Verify your account. US users complete a quick KYC for the CFTC-regulated QCX entity. Driver's license or passport.
Fund with USDC. Three options: buy USDC with debit via Moonpay (fastest), transfer USDC from Coinbase to your Polygon address (cheapest), or bridge from Ethereum mainnet.
Pick a market. Browse Politics, Sports, Crypto, Pop Culture. Each market shows live YES/NO prices in cents, plus depth and 24h volume.
Buy YES or NO. Enter share quantity. Polymarket shows total USDC cost, gas estimate, and fill price. Confirm in your wallet (one click for email signups).
Withdraw. Sell out of positions or wait for resolution. USDC settles to your wallet instantly; off-ramp via Coinbase (1–3 days to bank) or Moonpay (instant to debit card).

Texas-specific notes

✅ Legal: Polymarket US (QCX) is CFTC-regulated. Is Polymarket legal in Texas? →
🏛️ Taxes: No state income tax; self-report federally. Polymarket taxes for Texans →
💸 Fees: 0% protocol + gas. Polymarket fees explained →

Your first trade — example

Say it's an NFL Sunday and Polymarket lists "Will the Cowboys win this week?" at 45¢ YES. You like the Cowboys. Buy 50 YES shares at 45¢ = $22.50 USDC + ~$0.02 gas. If they win, each share pays $1 — you collect $50.00. Net profit: $27.48. Same model works for elections, the Oscars, weather, and the World Cup. See live Cowboys Super Bowl odds.

Ready to start

Open Polymarket

CFTC-regulated · 0% fees · deepest global liquidity.

Trade on Polymarket

Or try Kalshi

Fiat ACH rails, 1099 at year-end, $1 minimum.

Trade on Kalshi

Sources & references

More: Polymarket sign-up promos · Compare platforms · All guides →

Frequently asked questions

Yes. Polymarket's US entity QCX received CFTC approval in 2025, making Polymarket legally available to Texas residents 21+. You sign up with email or a self-custodied wallet.

How to use Polymarket from Texas