Tutorial on Recovering Mistakenly Deposited USDT on Polymarket

Introduction

Polymarket only supports deposits in USDC, but mistakes can happen, and users might accidentally deposit USDT instead. Here’s a step-by-step guide on how to recover your USDT from Polymarket.

Tutorial on Recovering Mistakenly Deposited USDT on Polymarket

Step-by-Step Recovery Process

  1. Access Polymarket’s Recovery Tool:
  2. Log In:
    • Use the same login method you used when you deposited the USDT, whether it was through email or your wallet. This ensures you have access to the correct account.
  3. Check Your Balance and Gas Fees:
    • After logging in, you should see your owner address and the amount of USDT you have mistakenly sent, which in this case is 7.067954 POL. Note that you need to have at least 0.011111 POL in your wallet to cover gas fees for the transaction (as shown in the image from the post). If you don’t have enough POL, you’ll need to acquire some.
  4. Sending POL for Gas Fees:
    • If the system prompts you, send the required Polygon (POL) network fuel (gas fee) to the owner address specified. This step ensures the transaction can be processed.
  5. Search for Your USDT:
    • Use the platform’s search feature to locate your USDT tokens. This might involve selecting the correct token from a list or entering the token details manually.
  6. Deploy Safe:
    • If the system asks, click on “Deploy Safe”. This action is necessary to set up a secure environment for the recovery process.
  7. Specify Return Address:
    • Enter the address where you want the USDT to be returned. This could be your personal wallet address or an exchange address where you wish to receive the funds.
  8. Wait for Confirmation:
    • After initiating the recovery, wait for the transaction to be processed. Depending on network conditions, this might take a few minutes.

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