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Crypto wallets for prediction markets

Which wallets work with Polymarket, when you don't need one, and how to stay safe.

Do you need a crypto wallet to use prediction markets? For Kalshi and the Polymarket US app, no: they work in dollars. For Polymarket’s main exchange, you can sign up with Google or email and let Polymarket set up a wallet for you, or connect your own. This guide explains the options, which wallets Polymarket supports and how to keep your funds safe, from Polymarket’s help centre and documentation, checked October 2026. We don’t take payment from any wallet provider.

Your options on polymarket.com

Sign-up method What you get Good for
Google or email (six-digit login code) A wallet created for you through Magic; you can export its private key later Beginners who don’t already use crypto
Your own wallet, such as MetaMask, Rabby or Phantom You sign two messages, to connect and to enable trading; your wallet controls the account People who already hold crypto in a self-custody wallet

Polymarket’s help centre names MetaMask, Rabby and Phantom as examples of supported wallets. Either way, Polymarket runs trading through a smart-contract wallet on Polygon and pays network gas for normal trading, so you don’t need to hold POL.

Wallets compared

Wallet Type Notes
MetaMask Browser extension and mobile app One of the most widely used Ethereum-compatible wallets; supports Polygon
Rabby Browser extension and mobile app Shows transaction previews before you sign, which helps avoid mistakes
Phantom Browser extension and mobile app Popular with Solana users; also supports Ethereum-compatible networks
Email / Google (Magic) Created by Polymarket’s sign-in provider No extension needed; export your key if you want to move it later

Funding without a wallet

You don’t need your own wallet to deposit: you can send crypto straight from an exchange account to your Polymarket deposit address. Choose the same network on both sides. See Polymarket deposits and withdrawals and USDC on Polygon.

Staying safe

  • Never share your private key, recovery phrase or login code. Polymarket says it will never ask for your private key and that you shouldn’t share your login code, even with its staff.
  • Lost funds usually can’t be recovered. Polymarket’s support can’t reverse transfers sent to the wrong address or network.
  • Beware of fake sites and apps. Bookmark polymarket.com and only follow links from it. See our Polymarket app guide.
  • Keep only what you need on a hot wallet. Browser and phone wallets are convenient but exposed to scams and malware.

Kalshi and Polymarket US

Kalshi accepts crypto deposits but holds your balance in dollars; for US customers the transfers are processed by Zero Hash. The Polymarket US app is funded in dollars, with USDC deposits available on iPhone in some cases. Neither needs a wallet connection.

FAQ

What is the best wallet for Polymarket?
Any wallet Polymarket supports, such as MetaMask, Rabby or Phantom, works. If you’re new to crypto, signing up with email or Google is simpler and you can export the key later.
Do I need a wallet for Kalshi?
No. Kalshi is a regulated exchange funded in dollars; crypto deposits are converted for you.
Can I recover my Polymarket wallet?
Email and Google users can export their private key through Polymarket’s sign-in provider, and Polymarket documents a recovery page for some account types. Self-custody wallets depend on your own recovery phrase.

Related: What is USDC? · USDC vs USDT · How to buy on Polymarket