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Prediction Markets101

Offramp

Offramps typically charge 1–3% and require KYC for meaningful amounts.

Prediction Markets 101 editorial team Updated April 16, 2026 1 min read

Definition

An offramp converts crypto back to fiat currency. Polymarket's Onramper integration is an offramp for USDC → USD.

Plain-English explanation

You can withdraw USDC from Polymarket to your own wallet for free (aside from pennies in gas). To turn it into USD in a bank account, you offramp via Onramper (direct) or withdraw USDC to Coinbase/Kraken and sell for USD there.