Polymarket is geoblocked in the UK. UK traders access equivalent CLOB liquidity via
PolyGram. 0% fees. Optional KYC. USDC on Polygon.
What Documents Does Polymarket KYC Require?
Polymarket uses a third-party KYC provider (Persona) and requires: (1) government-issued photo ID (passport or national ID card), (2) a selfie photo for biometric matching, and (3) proof of address for higher withdrawal limits. The process takes 5-15 minutes and is approved automatically for most users.
KYC Limits and Tiers
Polymarket's KYC is required for all users — there is no anonymous trading directly on Polymarket. UK users cannot complete Polymarket KYC because UK IPs are geoblocked at the registration stage. PolyGram does not require KYC for deposits under the equivalent of £500, making it more accessible for UK traders who prefer privacy.
Why Does Polymarket Require KYC?
Despite being a decentralised protocol, Polymarket operates a front-end interface and order book that processes significant financial volume. AML (Anti-Money Laundering) regulations in most jurisdictions require identity verification for financial platforms above certain thresholds. Polymarket's KYC is also required by its banking partners for off-ramp services.
PolyGram KYC Policy
PolyGram does not require KYC for USDC deposits under the equivalent of £500 per month. Above this threshold, a simplified identity check is required. Full enhanced due diligence applies for monthly volumes above £5,000. This tiered approach gives UK traders immediate access without paperwork for smaller positions.
Trade Prediction Markets from the UK
PolyGram mirrors Polymarket's CLOB. Access all markets, same prices, 0% fees.
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Frequently Asked Questions
Is Polymarket legal in the UK?
Polymarket itself operates in a legal grey area in the UK. Prediction markets settled in cryptocurrency (USDC) are not straightforwardly classified as "gambling" under the Gambling Act 2005, which requires cash prizes to trigger regulation. No UK authority has taken enforcement action against Polymarket. However, Polymarket voluntarily geoblocks UK IP addresses. PolyGram mirrors Polymarket's CLOB liquidity and is accessible to UK users.
Why is Polymarket blocked in the UK?
Polymarket geoblocks UK users as a precautionary compliance measure, not because the UK has explicitly banned it. The Gambling Commission has not issued guidance specifically covering USDC-settled prediction markets. PolyGram was built to give UK traders access to the same Polymarket CLOB order book without the IP restriction.
Do I need a VPN to use Polymarket from the UK?
Using a VPN to circumvent Polymarket's geoblock violates Polymarket's Terms of Service and could result in your account being restricted. A better option is PolyGram, which legally mirrors Polymarket's CLOB liquidity and is fully accessible to UK users without a VPN.
What currency do prediction markets use?
Polymarket and PolyGram use USDC (USD Coin), a US-dollar-pegged stablecoin on the Polygon blockchain. Each contract share is worth between $0.00 and $1.00 USDC, with the final value settling at $1.00 (YES wins) or $0.00 (NO wins). UK users can buy USDC on Coinbase UK, Kraken UK, or any FCA-registered crypto exchange.
Is PolyGram regulated by the FCA?
No. PolyGram is not regulated by the Financial Conduct Authority. Prediction markets are a novel category and no major prediction market platform — including Polymarket or Kalshi — holds FCA authorisation. Always trade only what you can afford to lose.
How do I fund a PolyGram account from the UK?
Purchase USDC on an FCA-registered exchange (Coinbase UK and Kraken UK are the most popular). Send USDC on the Polygon network to your PolyGram deposit address. Deposits are credited after 12 confirmations, typically within 2–3 minutes. Minimum deposit is $10 USDC.