How to withdraw from Polymarket
Last updated · how we verify
Polymarket charges no withdrawal fee, and the platform side takes seconds. On the international exchange: sell or settle your position, withdraw USDC (native Polygon USDC) on Polygon PoS, send it to an exchange, sell to fiat, transfer to your bank. Total time is typically 1–3 days, essentially all of which is the bank transfer. On Polymarket US there is no crypto step at all — you withdraw USD to a linked account.
The five steps
- Resolve or sell your positions. You can only withdraw settled USDC. Either wait for resolution or sell the position back into the order book at the current price.
- Withdraw USDC on Polygon. From Polymarket, withdraw USDC to your own wallet or straight to an exchange deposit address. Polymarket charges no withdrawal fee; you pay Polygon gas in POL, typically a fraction of a cent.
- Confirm the network before sending. The receiving address must accept USDC on Polygon. Sending Polygon USDC to an address expecting Ethereum USDC is the single most common way people lose funds here.
- Sell USDC for your local currency. On Coinbase, Kraken or a comparable exchange, sell USDC to USD, EUR, GBP or your local fiat.
- Withdraw to your bank. ACH, SEPA or local transfer. This leg is the slow one — typically 1-3 business days — and it is the bank, not Polymarket, that sets the pace.
Sending USDC on the wrong network. Polymarket settles USDC (native Polygon USDC) on Polygon PoS. If you withdraw to an exchange address that only credits Ethereum-mainnet USDC, the funds may be unrecoverable. Check the network on both ends every single time, and send a small test amount first if the sum is meaningful.
Where the time actually goes
| Step | Time | Cost |
|---|---|---|
| Sell position back to the book | Instant | Taker fee, if you cross the spread |
| Withdraw USDC on Polygon | Seconds | Gas in POL, fractions of a cent |
| Exchange credits the deposit | 1–5 minutes | Usually free |
| Sell USDC to fiat | Instant | Exchange spread or trading fee |
| Bank transfer | 1–3 business days | Exchange withdrawal fee, if any |
Note that Polymarket itself accounts for none of the delay and none of the fees. Anyone describing Polymarket withdrawals as slow or expensive is describing their bank.
Source: startpolymarket.com, polygon.technology · verified 17 August 2026
Availability varies by jurisdiction. 18+. Event contracts carry risk of loss.
You appear to be in the US. Polymarket’s international exchange blocks US IP addresses — use Polymarket US, the CFTC-regulated exchange, instead. See what’s available in your state.
Withdrawing from Polymarket US
The US venue is intermediated and settles in USD, so there is no crypto leg at all: you withdraw to a linked bank account from within the app. That is genuinely simpler. The trade-off is that you must complete KYC and there is no web interface to do it from. More on Polymarket US →
Withdrawal questions
Does Polymarket charge a withdrawal fee?
No. Polymarket charges no withdrawal fee. Network gas still applies. Your exchange may charge its own fiat withdrawal fee.
How long does a withdrawal take?
The Polygon leg confirms in seconds. Selling to fiat is immediate. The bank transfer is the slow part at 1–3 business days. So the honest answer is minutes on Polymarket's side, days on your bank's. More on payout timing.
My withdrawal is stuck. What now?
Almost always one of three things: insufficient POL for gas, the wrong network selected, or a pending transaction blocking the queue. Full troubleshooting guide.
Do I need POL to withdraw?
Yes, a small amount, for gas on Polygon PoS. POL replaced MATIC as the native Polygon PoS gas token in September 2024 — so if a guide tells you to hold MATIC, it predates the rename.
Related
Stuck withdrawal
Diagnosing gas, network and pending-transaction failures.
Payout timing
How long each leg really takes.
Fees
What you pay, and what you do not.
Taxes
How gains are generally treated.
All figures on this page verified 17 August 2026 against primary sources where reachable. Unconfirmed values are marked.