Kalshi Promo Code MAX60 for $60 Bonus in October 2026

Does Kalshi have a promo code for today?

Yes, eligible new customers can enter the Kalshi promo code MAX60 during registration to access the 'Exclusive $60 Bonus' sign-up offer. The $60 reward is guaranteed, but always check Kalshi for the latest available contracts, as markets can change throughout the day.

I've detailed the current Kalshi welcome promotion below. I completed the sign-up process in about five minutes and can confirm the offer is legitimate.

Kalshi promo code summary for October 2026

What is the current Kalshi bonus?

The current Kalshi bonus is the 'Exclusive $60 Bonus' sign-up offer. Eligible new customers can register with the Kalshi promo code MAX60 to access the promotion. 

With code MAX60, completing the eligibility requirements earns you a fixed $60 bonus.

To qualify, complete $25 in eligible trading activity on Kalshi. You can then browse Kalshi's real-world event contracts across sports, politics, culture, and other categories, making it one of the country's best prediction markets in 2026. Review the current promotion terms before trading for the latest funding requirements, qualifying activity, reward conditions, and expiration details.

Which Kalshi bonus is the most valuable?

Kalshi currently offers two new-user prediction market promos: a $60 bonus via MAX60 and a standard $55 offer. Both share the same $25 trading requirement; the main difference is the maximum amount. For MAX60, the bonus is a straightforward, fixed $60 reward. The $55 offer is the same, just $5 less. 

Why is the Kalshi promo code MAX60 the best?

Covers Expert Analysis

"I consider MAX60 the best Kalshi promo code because it gives eligible new users $60 in guaranteed bonus value after meeting the qualifying requirements. I like that the offer is straightforward: deposit at least $10, complete $25 in qualifying trades, and unlock the bonus. It's $5 more than Kalshi's standard $55 welcome offer, making MAX60 my clear choice for new Kalshi users looking to maximize their sign-up value."

Christian Stringer, Prediction Markets Editor

Kalshi promo comparison

	Kalshi	Polymarket	OG.com	Novig
Compare	Pin	Pin	Pin	Pin
Welcome bonus	Exclusive $60 Bonus	Deposit $10, Get $25 Bonus	Trade $25, Get $50 Bonus	Deposit $10, Get $50
Promo code	MAX60	COVERS	COVERS	COVERS
Bonus type	Trade and get	Deposit and get	Trade and get	Deposit and get
Bonus form	Fixed $60 bonus	$25 trading bonus	One (1) $50 bonus	$50 in trade credits
Payout speed	Within 24 hours	Within 24 hours	Within 24 hours	Within 24 hours
Min. deposit	$10	As little as $10	$10	$10
Covers TradeGrade Bonus Rating	⭐ 4.9/5	⭐ 4.9/5	⭐ 4.5/5	⭐ 4.8/5

Kalshi promo code terms and conditions

Entering the Kalshi promo code MAX60 during registration gives eligible new customers access to the 'Exclusive $60 Bonus' sign-up offer featured. The key terms and conditions are:

• You can claim the Kalshi promo in all states, excluding Nevada and Washington.
• You must be physically present in an eligible location.
• Eligible new customers can use either the Kalshi promo code MAX60 or an eligible referral link, but not both. Enter the code within 72 hours of account creation.
• The offer is limited to one per Kalshi account.
• You must provide a government ID or passport and a selfie of you holding it.
• Make an initial deposit of at least $10 and transact at least $25 on Kalshi's Predictions product.
• After you transact at least $25, the $60 bonus is credited regardless of whether the qualifying transactions win or lose.
• Bonus credit cannot initially be withdrawn, must be used on Kalshi's Predictions product, and expires seven days after it is granted.
• The Kalshi promo code offer is ongoing.

Claim Kalshi bonus

Kalshi responsible gaming  

Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at http://kalshi.com/tc/55. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.

How to get $60 with the Kalshi bonus

To qualify for the Kalshi sign-up offer, you must create and verify an account. I've completed this process myself, so I've explained the steps you need to follow below:

1. Sign up with code MAX60

Open Kalshi, tap Sign Up, and enter the Kalshi promo code MAX60 on the registration screen; if you missed it, add the code under Rewards within 72 hours of creating your account.

2. Verify your identity

Complete Kalshi's ID check (date of birth, phone, SSN, and a photo ID) before funding your account.

3. Deposit $10 or more

Deposit at least $10 by card or bank; depositing $25 lets you meet the trade requirement at once.

4. Trade $25 within 7 days of sign-up and receive the $60

Place $25 of trades on any Kalshi market within seven days of sign-up; the $60 in bonus credits lands after the $25 clears and expires seven days after it is granted.

5. Withdraw earnings

After using any awarded bonus credit on Kalshi's Predictions product, I could withdraw eligible cash proceeds, but not the original bonus credit itself. I just had to click the 'Transfers' section of my Kalshi profile and choose 'Withdraw Funds.' I selected a linked payment method, specifically an online bank transfer, and entered the amount I wanted to withdraw. Honestly, it was incredibly straightforward, and I didn't feel like I had to jump through any unnecessary hoops.

How to sign up for Kalshi with promo code MAX60

• The Kalshi sign-up flow is pretty straightforward, and these screenshots show the main steps before you reach the funding stage. In the first image, I start on Kalshi’s homepage, tap Sign up, choose Google, Apple, or email, and then enter my email address. 

• The second image shows the account-verification steps that follow. Kalshi sends a code to my email, asks for my phone number, prompts me to select a password, and then sends a second verification code by text. This is also where I can tap “Got a promo code?” and enter Kalshi promo code MAX60 before continuing.

Kalshi NFL prediction markets

NFL Week 8 markets are ramping up. Kalshi tops our list of the best NFL prediction markets for its wide range of markets, player props, futures, and, by far, the largest volume and liquidity in NFL football.

Check out the Kalshi Week 8 NFL markets you can use your promo code on:

NFL Week 8: Carolina Panthers vs. Green Bay Packers

	Yes	No
Carolina Panthers	36¢	65¢
Green Bay Packers	65¢	36¢

Trading volume: $2.8M as of October 29, 2026

Kalshi NFL futures

2027 NFL Champion

	Yes	No
San Francisco 49ers	16¢	85¢
Buffalo Bills	13¢	88¢
Kansas City Chiefs	11¢	90¢
Los Angeles Rams	8¢	93¢
Baltimore Ravens	9¢	92¢
Jacksonville Jaguars	7¢	94¢

Trading volume: $208.3M as of October 29, 2026

2027 NFL MVP

	Yes	No
Josh Allen	31¢	70¢
Joe Burrow	17¢	84¢
Brock Purdy	16¢	85¢

Trading volume: $38.4M as of October 29, 2026

Kalshi's NFL Power Rankings and playoff tools

Kalshi's NFL Power Rankings are becoming more useful as Week 8 approaches. The rankings combine live playoff, conference, and championship market prices, which account for 65% of the formula, with schedule-adjusted on-field performance making up the remaining 35%.

San Francisco remains No. 1 with a 6-1 record and a 95.9 Power Score, while Buffalo has climbed to No. 2 and Cincinnati has jumped five spots to No. 7. I like tracking these movements because they show how recent performances and changing market expectations influence each team's ranking.

I use the Power Rankings alongside Kalshi's NFL standings and playoff bracket to compare team performance, division-title probabilities, and potential postseason matchups.

Kalshi NFL standings

The standings page pairs each team's actual record with live market-implied division probabilities. That makes it easy to see where results and trader expectations align, or where the market still expects a team to recover despite a slow start.

Kalshi Playoff Bracket page

Kalshi also offers a projected playoff bracket based on current conference standings and seeding, with live conference-winner and championship prices displayed alongside it. I like using it to compare where teams currently stand in the playoff race with how traders price their chances of making a deeper run.

Together, the Power Rankings, standings, and playoff bracket give me three ways to track how Kalshi's NFL markets evolve throughout the season.

Trending on Kalshi

Kalshi trending markets in October 2026 include: Who will control the Senate? Prime Minister of Israel after the 2026 election? Which party will win the U.S. Senate? Brazil Presidential election winner, the 2026 Midterms, Los Angeles Mayor winner, Texas Senate winner, World Series Champion, NFL Championship Halftime Show Headliners, Who Will be Trump's next Press Secretary,  US 500 Perpetuals, Michigan Senate winner, WTI OIL, 2027 NFL Champion, Jobs number, NFL MVP, English Premier League Champion, 'Who will be Trump's next Press Secretary,' the price of gold, 2028 Democratic presidential nominee, and the 2026 Primaries.

You'll also find easily accessible tabs for the Midterms Hub and Company Quarterlies, where you can trade on upcoming KPIs. 

🏈 NFL Week 8 prediction markets begin tonight

NFL Week 8 begins tonight, Thursday, October 29, with Panthers vs. Packers. Sunday's slate includes Ravens vs. Bills, Chiefs vs. Broncos, Vikings vs. Lions, and Eagles vs. Commanders. I'm comparing Kalshi's available game-winner, spread, total, and player markets as injury reports, lineup updates, and trading activity influence prices.

Super Bowl, conference, division, playoff, and MVP futures offer longer-term alternatives. I'm also checking Kalshi's NFL Power Rankings, standings, and Playoff Bracket tools to track changing team expectations, division probabilities, and potential postseason matchups as the season approaches its halfway point. 

🏀 NBA regular-season prediction markets gain momentum

The 2026–27 NBA regular season continues tonight with Cavaliers vs. Hawks and Kings vs. Pelicans. Friday brings Lakers vs. Warriors, Knicks vs. 76ers, and Celtics vs. Bulls, giving me several basketball matchups to compare. I'm checking Kalshi's available game-winner, spread, total, and player contracts, along with championship, conference winner, and MVP futures. Early-season performance, injuries, and lineup changes can quickly move prices, so I compare market probabilities, liquidity, and trading fees before deciding where to trade.

Kalshi NBA markets

NBA: Cleveland Cavaliers vs. Atlanta Hawks

	Yes	No
Cleveland Cavaliers	51¢	50¢
Atlanta Hawks	50¢	75¢

Trading volume: $63K as of October 29, 2026

English Premier League Champion

	Yes	No
Arsenal	67¢	35¢
Manchester City	17¢	84¢
Chelsea	7¢	94¢
Brighton	7¢	94¢
Liverpool	4¢	97¢

Trading volume: $5.6M as of October 29, 2026

2027 NBA Champion

	Yes	No
OKC Thunder	25¢	76¢
San Antonio Spurs	21¢	80¢
Philadelphia 76ers	11¢	90¢
New York Knicks	9¢	92¢
Minnesota Timberwolves	7¢	94¢
Boston Celtics	5¢	96¢
Miami Heat	6¢	95¢
Denver Nuggets	3¢	98¢

Trading volume: $43M as of October 29, 2026

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Featured Kalshi political market 

Los Angeles Mayor Winner

	Yes	No
Nithya Raman	56¢	45¢
Karen Bass	44¢	57¢

Trading volume: $104.4M as of October 29, 2026

2028 U.S. Presidential Election winner?

	Yes	No
J.D. Vance	22¢	79¢
Gavin Newsom	12¢	89¢
Alexandria Ocasio-Cortez	9.9¢	90.2¢
Marco Rubio	9.6¢	90.5¢
Jon Ossoff	9.5¢	90.6¢
Kamala Harris	5¢	95.3¢
Ron DeSantis	4.1¢	96.1¢
Mark Kelly	3.3¢	96.8¢

Trading volume: $77.3M as of October 29, 2026

Who will be Trump's next Press Secretary?

	Yes	No
Anna Kelly	17¢	84¢
Scott Jennings	13¢	88¢
Elizabeth Pipko	6¢	95¢
Alina Habba	2¢	99¢

Trading volume: $2.4M as of October 29, 2026

Kalshi 2026 Midterms

I've also seen Kalshi make a huge effort to cover all angles of the 2026 Midterms, including a dedicated, extremely detailed hub. Here's a screenshot I took showcasing how immersive it is:

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Featured Kalshi culture market 

Oscar winner: Best Picture

	Yes	No
The Odyssey	46¢	55¢
You Can See Everything	21¢	80¢
The Black Ball	19	82
Dune: Part Three	10¢	91¢
Wild Horse Nine	3¢	98¢

Trading volume: $9.3M as of October 29, 2026

What is Kalshi?

Kalshi is a federally regulated platform for trading event outcomes on prediction markets. Traders can buy and sell simple, transparent contracts that settle based on the outcome of real-world events. Markets revolve around a yes/no proposition, with prices adjusting dynamically based on traders’ perceived probability that the event will occur. When the event concludes, if you are correct, the contract “honors” at a predetermined price; if you are incorrect, it expires at $0.

Kalshi’s unique approach powers trades between users on an open exchange, rather than positioning the platform as the counterparty, as a traditional bookmaker or sportsbook would. Market forces establish prices rather than a house advantage, and participants can buy and sell before an event concludes as new information becomes available. Trades are settled on Kalshi's own CFTC-regulated exchange, giving it more of an exchange feel than a typical betting app.

The U.S. Commodity Futures Trading Commission (CFTC) regulates Kalshi as a Designated Contract Market. Instead of being treated as gambling, Kalshi’s contracts are structured as “financial instruments” that track the outcomes of future events. Trades can be executed across Kalshi’s diverse selection of markets — ranging from sports and politics to economics, pop culture, and tech — using the familiar U.S. dollar rather than cryptocurrency.

For a state-specific look at how that federal framework applies in Florida, see our Is Kalshi legal in Florida? guide.

Is Kalshi legit?

Yes. Kalshi is a federally regulated prediction market exchange overseen by the Commodity Futures Trading Commission (CFTC). However, federal regulation doesn't mean every Kalshi contract is automatically permitted in every state. Several state regulators argue that sports event contracts fall under their gambling laws, and courts have reached different conclusions.

Here's what matters when I assess Kalshi's legitimacy:

• Federal regulation: Kalshi operates as a CFTC-regulated Designated Contract Market (DCM), subject to federal exchange rules, oversight, and market surveillance.
• Security and compliance: Kalshi reports SOC 2 Type II compliance and uses account-verification and data-security measures. These protections don't eliminate trading risks or guarantee that every transaction will be profitable.
• State-level disputes: Kalshi maintains that federal law governs its event contracts, while several states argue their gambling laws also apply. Some have obtained court orders restricting particular markets, while other cases remain unresolved.

Rest assured, you can trade at Kalshi with confidence thanks to these compliance standards.

Covers Expert Analysis

"I have personally used Kalshi and can confirm that it is safe. Trading is smooth, if a little barebones, and I had no issue withdrawing funds. However, I recommend withdrawing to your debit card or USDC, since those methods typically take 30 minutes to 24 hours to clear. Meanwhile, it can take up to four business days to receive your payment using bank transfers."

Christian Stringer, Prediction Markets Editor

Kalshi legal status in six key states

Where is Kalshi available?

Kalshi operates across most of the United States, but availability depends on the state, contract category, and current court restrictions. Nevada and Washington have significant market restrictions, while Michigan also has a court-ordered restriction on sports contracts. Other states, including Ohio, Tennessee, Connecticut, and New York, have ongoing legal disputes that could affect future access.

Eligible customers can use the MAX60 promo code where the offer is available, but access to Kalshi doesn't automatically mean every contract or promotion is eligible in that location. I recommend checking the current restrictions before depositing or trading.

California and Georgia are two of those eligible states; for state-specific breakdowns, see our Is Kalshi legal in California? and Is Kalshi legal in Georgia? guides.

Popular Kalshi states

For in-depth breakdowns on some of the most-searched markets, check out our dedicated guides:

California

• California prediction markets

Texas

• Texas prediction markets

New York

• New York prediction markets

Florida

• Florida prediction markets

Georgia

• Georgia prediction markets

Kalshi availability by state

The Kalshi sign-up bonus is available in the following U.S. states in October 2026: 

*Legal restrictions apply in certain states. Ohio, Tennessee, Connecticut, and New York face ongoing regulatory disputes, while Michigan restricts sports event contracts. Nevada and Washington are excluded from the listed MAX60 promotion, and both have court-ordered restrictions on certain Kalshi markets. State legal status and promotional eligibility are not the same thing; verify both before registering.

Kalshi promo code for existing customers

Currently, I don't see any Kalshi promos that are available for existing users, other than referral offers. However, some special promotions may be available from time to time via a Kalshi bonus code. If the situation changes, I will list the bonuses and respective codes in this section. 

Kalshi promo code vs. referral code

It's important to understand the difference between the Kalshi referral code and the Kalshi promo code MAX60 for the welcome offer.

Kalshi's friend-referral program is separate, so they can't be combined. I've provided a table outlining the differences between these two sign-up methods:

Kalshi isn't the only prediction market with a separate refer-a-friend program. Polymarket gives both users $25 in trading credits after a qualifying referral, and existing users can earn up to $350. You can compare the two programs in our Polymarket referral code guide.

Kalshi platform review

Who it's for

I feel Kalshi is best for users who want to speculate on real-world outcomes. It is a great option for traders and sports-trading fans, but it also appeals to data analysts and political enthusiasts. The platform is ideal for tracking economic trends, sports form, data, and my personal favorite, election polls. For example, during the U.S. presidential election, Kalshi initially showed Donald Trump as the favorite.

Covers TradeGrade Rating: ⭐ 4.9/5

Bonuses and promotions	⭐ 4.6/5
Banking and payout speed	⭐ 4.8/5
Key features	⭐ 4.9/5
Customer security, regulation, and trust	⭐ 4.9/5
User experience and support	⭐ 4.8/5
Contract clarity and settlement rules	⭐ 4.9/5
Pricing, feeds, and spreads	⭐ 4.9/5
Market liquidity and variety	⭐ 4.9/5

User reviews  

Editor's note: User reviews may be edited for clarity. 

"Kalshi is hands down one of the best apps I’ve ever used! It’s not just another trading platform — it’s an innovative, exciting, and engaging way to make decisions based on real-world events. The interface is sleek, user-friendly, and makes navigating the markets a breeze, even for beginners like me."

- App Store user

"I've been really enjoying Kalshi so far. The interface is clean, intuitive, and actually feels thoughtfully designed instead of rushed. Everything loads smoothly, navigation makes sense, and I didn't have to "figure it out" — which is honestly rare for a lot of apps these days. What I appreciate most is that it feels like the developers actually care about the user experience."

- App Store user

Kalshi at a glance

💰 Sign-up bonus	Exclusive $60 Bonus
⏩ Kalshi bonus code	MAX60
🏅 Top feature	Legal sports trading
💵 Minimum deposit	$10
🕒 Payout speed	Within 24 hours (excluding bank transfer)
App Store rating	4.8/5 ⭐ (645K reviews)
Google Play rating	4.7/5 ⭐ (150K reviews)
🌎 Available states	All states + DC (excluding NV, WA)
🕒 Offer expiry	Ongoing
✅ Last verified	Oct. 29, 2026

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What we like

Events prediction model: I love that Kalshi uses an event-based prediction model across various sports and niche markets, helping it differentiate from competitors.

Ease of use: I find the platform offers extremely simple trading, letting me choose between two outcomes and making it easier to understand.  

Flexible trading: I can modify my investments while the market is open, making changes based on real-time analytics. 

What we don't like

Limited promotions for existing customers: Kalshi offers an ongoing new-customer sign-up promotion, but I have found there are fewer recurring bonus opportunities for existing users. As the platform grows, I expect more promotions for existing customers.

Limited sports coverage: The Kalshi platform offers fewer sports and prediction markets than traditional sports betting sites. I anticipate that they will add more sports in the near future, though the addition of player props and 'futures' has been welcomed.

Our comprehensive Kalshi Sports review provides additional information. You can also review our Polymarket vs Kalshi and Kalshi vs Novig guide pages to see how Kalshi compares with other prediction-market products in 2026, or check the current Polymarket promo code offer for Polymarket-specific bonus details.

Kalshi app review

Kalshi is one of the most popular prediction market apps available in 2026, offering users access to prediction markets through both a mobile browser and a dedicated app. While the HTML5 mobile site is clean, responsive, and easy to use, I find the native Kalshi app delivers a better overall experience thanks to smoother navigation and a mobile-first layout. I enjoy its recently added features, like push notifications and two-factor authentication, both of which are useful for my daily trading.

The transition between desktop and mobile is seamless, and the app includes everything you need to trade on the go, from browsing markets and managing payments to contacting customer support. 

🍎 Kalshi iOS app

The Kalshi iOS app is free on the App Store and gives users full access to the platform’s prediction markets in a polished mobile environment. It currently has a 4.8 rating across over 645K reviews. At 134.1 MB and growing rapidly, it is a fairly sizeable download, but that extra space delivers a more complete native experience than using the mobile browser version. I found the app easy to navigate, with quick access to active markets, account settings, deposits, withdrawals, and promotions. In fact, I noticed the app's size shrank significantly in the last update, from over 300 MB, and it keeps shrinking.

Entering the Kalshi promo code MAX60 is just as straightforward on iPhone as on desktop.

Kalshi iOS app

🤖 Kalshi Android app

I get the same core experience on Android, with the Kalshi app offering full market access, payment options, and account functionality in a layout optimized for smaller screens. Reviews are positive, with a 4.7 rating across 146K reviews. From what I've been monitoring, the rating has slipped slightly over the last few months.

The app feels modern and intuitive, and it preserves the same look and functionality across devices. That consistency matters, especially when I switch between desktop and mobile throughout the day and want the same clean, uncluttered experience every time I log in.

📱 Kalshi app design

Kalshi’s mobile design is simple, modern, and usability-focused. The app avoids unnecessary clutter and instead focuses on making markets easy to browse, track, and trade. I liked how naturally the interface translated to mobile, with key sections clearly laid out and an overall experience that felt very similar to the desktop site. I was genuinely impressed by the thoughtful layout and how easy it is to browse.

That familiarity helps new users settle in quickly, while the native app still adds enough mobile-specific functionality to feel worthwhile. Features like push notifications and two-factor authentication also make the app feel better suited for regular day-to-day use than the browser version.

📈 Recent Kalshi app improvements

Kalshi has continued refining its app with updates focused on stability and performance. The most recent update, Version 9.10.30, was released in October 2026 and included bug fixes, performance upgrades, and improvements to the NFL Power Rankings page and weather markets. While the app was already solid, updates like these are encouraging because they show Kalshi is actively improving the user experience rather than leaving the mobile product static. From my monitoring, Kalshi updates its app two to three times a week, which is great to see.

As the app grows, it is also becoming a more robust standalone platform, which should appeal to users who prefer to place trades and manage their accounts entirely on mobile.

Check out our detailed guide to learn more about apps like Kalshi and why it's number one on our list of apps like Novig.

Kalshi vs traditional sportsbooks explained 

I've seen my friends sometimes confuse Kalshi with traditional sportsbooks like FanDuel or DraftKings. Here’s how I explain to them how Kalshi’s platform operates differently: 

Traditional sportsbooks 

• You bet at fixed odds set by the house
• Odds contain built-in margin (“vig”) 
• You’re locked into your bet until the event resolves

Kalshi 

• You trade contracts priced at current probabilities 
• Prices move like stocks/options based on market info
• Trade contracts anytime before resolution 

Trading probabilities vs betting odds 

When I bet on sports, I place a wager at odds determined by the bookmaker. The odds are quoted with a built-in margin that ensures a house edge. Once I've placed my bet, I’m committed until the event is over unless I accept a cash-out option at select sportsbooks.

On Kalshi, I buy and sell contracts priced at their current probability. For example, a contract trading at $0.62 implies about a 62% chance of that outcome occurring. New information can cause prices to rise or fall as other traders buy and sell. Market prices constantly fluctuate in response to news, data releases, changes in odds, etc.

No line setting by a house 

At a traditional sportsbook, I'm betting against the house. The sportsbook “lays the odds,” takes the opposite side of my bet, and profits from volume and pricing edges.

Kalshi does not set odds or bet against me. It operates an exchange-style marketplace where I deal only with other traders. Kalshi provides market-making services and charges fees, but prices are always determined by market supply and demand.

Ability to easily exit positions 

When I bet with a sportsbook, I'll usually have to wait for the event’s conclusion to learn my result. Some books offer an instant cash-out feature, but this option isn’t always available.

On Kalshi, I can buy and sell contracts up until the moment of resolution. If an injury happens, a forecast changes, or your opinion shifts, I can always exit my position early. I can trade whenever I want at market prices to cut my losses or take profits.

Regulation and legality 

In the United States, sportsbooks are considered gambling operators and regulated at the state level. That’s a huge win for many Americans, because you’ll find Kalshi available in many states where traditional sports betting isn’t permitted.

The federal government regulates Kalshi through the Commodity Futures Trading Commission (CFTC). Because Kalshi's event contracts are classified as financial products, many states allow Kalshi to operate, even in regions where sports betting isn’t available.

For a state-specific breakdown of how that framework applies in New York, see our Is Kalshi legal in New York? guide.

Covers Expert Analysis

"It's worth noting that Kalshi's profits are reported differently from traditional sportsbooks, such as FanDuel and BetMGM. Kalshi files Form 1099-B (Capital Gains/Losses), which is used to report the sales of financial assets. Meanwhile, traditional operators adhere to Form W-2G (Gambling Winnings), where income is taxed at typical rates, and losses can be deducted."

Christian Stringer, Prediction Markets Editor

What markets can you trade on Kalshi?

Sports event trading is a new Kalshi platform. Still, it continues to grow, offering markets in several niches: Basketball (NBA), football (NFL), baseball (MLB), hockey (NHL), F1, tennis, soccer, and golf. As Kalshi grows in popularity, expect more markets to emerge. This is one of the fastest-growing platforms available, so keep that in mind. Recently, Kalshi has added markets for MMA, cricket, boxing, lacrosse, Aussie rules, rugby, darts, NASCAR, chess, squash, sailing, and even contracts for the Boston Marathon. 

The last NBA Playoffs marked the first time Kalshi listed single-game NBA prediction markets. Since then, Kalshi has expanded this format to other popular sports, letting you wager on a single game rather than the entire season. The platform continues to expand its selection.

Politics is the most popular and robust category to have become mainstream during the most recent U.S. presidential election. Other options include:

Culture (music, movies, awards shows like the Oscars, celebrities, review ratings, TV, video games)

Crypto (Bitcoin, Dogecoin, hourly values, Ethereum)

Weather (temperature, climate change, natural disasters, weather predictions)

Economics (interest rates, inflation, employment, consumer spending, energy)

Companies (Elon Musk, CEOs, layoffs, product launches)

Financials (NASDAQ, currency, treasuries)

Tech & Science (AI, space, energy, papers)

Health (disease spread, COVID)

World (foreign economies, international politics)

Kalshi NFL Player Props

Kalshi debuted individual player prop markets ahead of last NFL season, and I can now buy and sell contracts on a range of player-specific outcomes. One of the first examples was 'Who will score the first touchdown?' for the Cowboys-Eagles season opener, and I see that as another sign of how quickly Kalshi keeps expanding its sports offering.

Kalshi Combos

Kalshi Combos let me combine multiple event outcomes into a single trade, similar to a sportsbook parlay. I can build combinations across eligible sports markets, review the quoted price, and place a trade through Kalshi's Request for Quote (RFQ) system.

I like the flexibility, but combos carry additional risk because multiple outcomes determine the final payout. Before using bonus credit, I check each leg, the settlement rules, and whether the combination qualifies under the promotion.

For more experienced traders, Kalshi Pro provides a desktop interface with advanced charting, market screening, and multi-market workspaces. Kalshi also offers a separate Perpetuals product with leveraged trading, but Perps transactions don't qualify for the MAX60 Predictions bonus. See our Kalshi perpetual futures guide for more information.

Kalshi live event trading

I can continue trading Kalshi contracts after an event begins, which gives me more flexibility to react to changing circumstances in real time. I find this especially useful when I’m following live data and want to buy or sell a position as the market moves.

Kalshi 2026 U.S. midterms 

I also like using Kalshi for the 2026 U.S. midterms because it offers real-time markets across the primaries, along with several useful tracking tools. I can use the interactive primary election calendar, browse the 'Markets to watch' section, and filter markets by state and political party to quickly find the races I’m most interested in.

Kalshi weather prediction markets

Weather is becoming one of Kalshi’s fastest-growing market categories. I can trade on outcomes such as daily temperatures, precipitation, and broader climate events, with prices changing as forecasts and new weather data come in.

Kalshi strengthened this category in August 2026 through a partnership with The Weather Company, which now provides verified meteorological data for certain weather-market settlements. Kalshi’s real-time probabilities will also appear in select experiences across The Weather Channel app and weather.com. Kalshi says its climate and weather markets have grown 500% year over year and are pacing toward $1.1 billion in annualized volume.

Covers Expert Analysis

"For me, the partnership makes weather markets more interesting because the settlement source is tied directly to established meteorological data rather than an informal forecast or secondary source. Remember, not every Kalshi weather market settles using The Weather Company. Kalshi’s Help Center says settlement sources vary by market; some daily temperature markets still reference National Weather Service reports, while certain hourly markets use The Weather Company."

Christian Stringer, Prediction Markets Editor

How to maximize your Kalshi sign-up bonus

Getting the Kalshi welcome bonus is only the first step. I want to make the most of my bonus credit by choosing the right markets, understanding trading costs, and avoiding unnecessary risks. Here are five ways I approach the offer.

Kalshi trading odds and fees

Kalshi does not influence prices, since they are set by the market. Investor consensus bases the price on the likelihood of each contract outcome. Pricing is relatively straightforward, as each market has only two outcomes. For example, a contract for the Washington Commanders to win the 2027 Super Bowl will allow users to trade on the 'Yes' or 'No' outcome. 

Supply and demand of the contract will sway prices, and fluctuations are common. Think of actual trading concepts, and you have a basic understanding of the buy/sell dynamics of Kalshi. Essentially, using real money, you will buy outcomes, separating Kalshi from social sportsbooks, and sell your prediction/contract as often as you want to get the best result. The market also sets liquidity. 

Kalshi charges transaction fees based on a contract’s expected earnings, rather than applying a flat 1% fee to every trade. The amount can vary by market, contract price, and order type, and some markets may charge maker fees when a resting order is eventually matched. Kalshi displays the estimated fee on the order ticket before you submit a trade, so check that figure to understand the current cost.

Kalshi customer service

Kalshi features a live chat function, but you must make a real-money deposit before you can use it. I was able to connect with an agent within a minute of clicking on the chat icon in the bottom right corner on the screen. Other ways to communicate with Kalshi are via Discord and email. There is also an in-depth and legitimately helpful FAQ section on the site. 

• Live chat: Available following initial deposit
• Email: support@kalshi.com
• FAQ: Kalshi Help Center
• Support language(s): English
• X (Twitter): @Kalshi

Kalshi payment methods

I'm impressed with Kalshi's range of banking options available in October 2026, which lets you choose from a mix of traditional vendors and e-wallets. However, debit card deposits made through Visa, Mastercard, Apple Pay, and Google Pay may be subject to a 2% processing fee. All withdrawals from Kalshi are processed without additional fees. It's worth noting that the availability of payment options can vary by state and account. 

Method🏦	Deposit💰	Withdrawal💸
Wire transfer	✅	✅
Visa (debit)	✅	❌
Mastercard (debit)	✅	❌
Crypto (USDC)	✅	✅
Bank transfer	✅	✅
Online banking	✅	✅
Cash App Pay	✅	❌
PayPal	✅	✅
Venmo	✅	✅
Apple Pay	✅	✅
Google Pay	✅	✅

Using the EDGE Boost promo code can also earn additional rewards on transactions. 

How does Kalshi compare to stock and crypto trading?

The Kalshi platform blends elements of sports wagering and traditional trading, with a unique twist. If you are looking to get started, using a Kalshi promo code is a great way to explore its unique market of event-based contracts. Unlike standard stock or crypto trading, Kalshi users predict the outcomes of real-world events and trade based on the accuracy of those predictions.

In contrast, traditional trading focuses on investing in companies or digital assets, where the classic model grants investors actual ownership or underlying value. Kalshi's event contracts, however, simply settle as soon as the real-world outcome occurs.

Readers comparing Kalshi with a more traditional investing platform can also review our Robinhood promo code guide for its current offer and prediction-market details. For a crypto-first point of comparison, our Crypto.com Sports review covers its event-contract markets, app experience, fees, and platform features.

Kalshi trading limits and liquidity

Kalshi uses trading caps, but they vary by market. If a market has low liquidity, the pricing is less accurate due to widespread predictions. High-liquidity markets, on the other hand, provide better trading outcomes as prices are more stable.

Recent Kalshi updates

Bookmark this page and return to stay up to date on the latest Kalshi news and updates.

Kalshi’s sports markets continue to attract professional liquidity providers alongside individual traders. Today's reporting identified FanDuel as a market maker on Kalshi, particularly in combo-style markets, showing how professional pricing firms can add liquidity while giving retail users more sophisticated counterparties to trade against.

October 2026: CFTC sues Utah after state moves to block Kalshi. 

October 2026: Kalshi adds deposit limits and trading alerts for users under 21.

October 2026: Kalshi generates $10 billion of $14 billion in weekend trading on prediction markets.

October 2026: Kalshi officially partners with the NBA with official data to settle trades, stronger safeguards, and NBA branding on Kalshi.

October, 2026: The New York Gaming Commission targets Kalshi over subpoenas.

October 2026: Kalshi CEO Tarek Mansour confident amid prospect of Supreme Court showdown.

October 2026: Utah sues Kalshi and its dedicated market maker Susquehanna for illegal online gaming.

October 2026: Kalshi launches ladder and escalator markets for select NFL player stats, with payouts scaling based on a player's final total rather than settling strictly at $0 or $1. Kalshi currently labels escalators “Slingshot” in the app.

October 2026: Kalshi partners with Signify to combat athlete harassment: Kalshi will use AI-powered monitoring to identify online abuse targeting athletes and coaches, with offending traders facing potential account bans, fines, or law enforcement action.

October 2026: Kalshi has  begun to offer NFL player market protection on select contracts.

October 2026: Four Native American tribes join a growing minority of Native groups to launch prediction markets by partnering with Kalshi.

October 2026: Kalshi records new volume highs, as trading surpasses $9 billion during NFL Week 4.

October 2026: Kalshi donates $3 million to NY Nonprofit amid Hochul's lawsuit.

September 2026: Sixth Circuit court rules against Kalshi and in favor of Ohio and Tennessee.

September 2026: Kalshi hits $3 billion in daily trading volume for the first time.

September 2026: Kalshi teams up with Pete Sampras and Marshawn Lynch in two new advertising campaigns. 

September 2026: One aggressive trader at Kalshi wins $3.8 million on Ben Shelton's upset of Carlos Alcaraz. 

September, 2026: Kalshi partners with live-streaming supplier Catalist Sports to enhance its immersive live streaming offering.

September 2026: Kalshi accuses Washington State of 'selective non-enforcement' against rivals like Polymarket.

September 2026: Kalshi suspends GOP House Candidate Laurie Buckhout for trading on her own race.

September 2026: Nevada’s win over Kalshi in federal appeals court caught the attention of other states engaged in legal battles with the prediction market operator.

August 2026: Kalshi expands its tennis presence with a US Open partnership.

August 2026: Kalshi fines George Santos and issues a lifetime ban for market manipulation. 

August 2026: Kalshi says the vast majority of their users don't trade, suggesting prediction markets may function as information platforms as much as trading venues.

August 2026: Connecticut sues Kalshi and seeks to ban sports event contracts.

August 2026: Kalshi strikes marketing partnerships with five MLB teams: Atlanta Braves, Boston Red Sox, Los Angeles Dodgers, San Diego Padres, and San Francisco Giants.

August 2026: CME and Kalshi leaders clash over prediction market regulation.

August 2026: Kalshi starts restricting access to sports prediction markets in Washington state, after a judge's order.

August 2026: The CFTC exercises an emergency authority to order Kalshi to continue offering prediction market services in New York.

August 2026: Kalshi reaches a multi-year partnership with Nasdaq for oversight of trading activity and market surveillance.

July 2026: Kalshi announces a partnership with Genius Sports, with the latter providing official data, marketing, media, and integrity services for its sports prediction markets.

July 2026: Trading volume on LeBron James' next team reaches $200 million at Kalshi.

July 2026: Kalshi prediction market users risked nearly $1.9 billion on the FIFA World Cup final between Spain and Argentina.

July 2026: The Commodity Futures Trading Commission (CFTC) ordered Kalshi to fulfill open trades in Michigan after a state court order directed the company to cancel certain previously executed trades involving Michigan residents.

July 2026: Defending World Cup champion Argentina is now the least likely team to win the 2026 competition, according to the latest prediction market data from Kalshi.

July 2026: Kalshi takes in over 400 million in trades during the England-Mexico World Cup match.

June 2026: Kalshi is facing scrutiny after reports revealed details of compensation paid to Donald Trump Jr., in the form of about $300,000 shares after he was handed a job at the company.

June 2026: A Michigan court granted a temporary restraining order against Kalshi, barring it from operating or advertising in the state for two weeks.

June 2026: Kalshi partners with ADI Predictstreet, allowing the prediction market operator involvment with the 2026 World Cup. 

June 2026: Kalshi is legally challenging a new law in Illinois that would require the prediction market operator to obtain a state license, arguing it would be “irreparably harmed.” 

June 2026: Wealthsimple is launching Wealthsimple Predict in Canada in partnership with Kalshi, giving Canadians access to the latter's prediction markets.

June 2026: Lionel Messi is helping promote Kalshi's partnership with Argentina's national FIFA World Cup team as the prediction market operator expands its sports marketing efforts.

June 2026: The Nevada Gaming Control Board (NGCB) asked a court to hold Kalshi in contempt and impose fines, alleging it failed to block Nevada users from trading sports, election, and entertainment event contracts.

June 2026: In an effort to curb insider trading, Kalshi will require current employer, industry, and job function information on certain markets.

June 2026: New Mexico Attorney General Raul Torrez has filed a lawsuit against prediction market platform Kalshi, saying the company is offering sports betting services in violation of state gambling laws.

June 2026: Kalshi has been accused of spying on and copying Polymarket's ideas, with the latter maintaining a dossier of instances in which it believes Kalshi has run afoul.

June 2026: Former Republican congressman George Santos is under investigation by the Department of Justice (DOJ) for allegedly using prediction platform Kalshi to engage in insider trading.

June 2026: An opportunistic New York bar is looking to make customers very happy ahead of the NBA Finals, with prediction market operator Kalshi lending a hand.

May 2026: Spain’s Consumer Rights Ministry temporarily blocked access to prediction market operators Kalshi and Polymarket while it investigates their lack of gambling licenses.

May 2026: NBA player and Kalshi investor Kyle Kuzma called out sports betting operator DraftKings for kicking customers "off the platform for winning.”

May 2026: Four New Mexico tribes sue Kalshi, alleging unauthorized sports betting across tribal lands and jurisdictions.

May 2026: Kalshi, MMA icon Nate Diaz announce partnership ahead of Saturday's Netflix bout, which sees him in the octagon for the first time since 2022.

May 2026: Despite being eliminated in a 4-game sweep of the West Semifinals, Kalshi has LeBron James with just a 23% chance of not returning for a record 24th NBA season.

May 2026: Leading prediction platform Kalshi was named the Official Prediction Market Partner of New York City’s iconic Madison Square Garden.

May 2026: The Wall Street Journal has reported that Kalshi - which had been valued at $11 billion during its previous round of funding - was set to reach a $22-billion valuation. 

May 2026: Maryland maintains sports betting is a state-regulated issue and argues federal law does not override its authority to block Kalshi’s sports prediction markets.

May 2026: A U.S. District Court judge takes Kalshi's side in its dispute with the state of Arizona, keeping Arizona's Attorney General from prosecuting the prediction market platform.

May 2026: Kalshi adds new tools to block minors from prediction markets.

May 2026: Kalshi just landed on TIME's 2026 list of the 100 Most Influential Companies, with the recognition arriving as the prediction markets operator and the entire ecosystem face legal and regulatory issues on multiple fronts.

April 2026: Kalshi has surged to what would make it the fourth-largest U.S. sports betting operator by handle-per-adult, surpassing other major national brands like BetMGM, Caesars, bet365, BetRivers, and theScore Bet.

April 2026: Kalshi shared details of three insider trading enforcement actions tied to its political event contracts by suspending political candidates from trading on their own races.

April 2026: A roller-coaster Masters golf tournament produced the single biggest sports event in Kalshi's history with a record $545 million traded.

April 2026: Kalshi and Fox Corporation announced a partnership that will incorporate Kalshi’s probability outcomes on political, economic, weather, and cultural markets into the media giant’s linear and digital content. 

April 2026: Kalshi has lost another key court battle in Nevada, keeping the prediction market platform from offering event outcome contracts in the Silver State. 

April 2026: A federal appeals court allowed Kalshi to continue offering sports event prediction contracts in New Jersey by upholding a preliminary injunction against state regulators.

April 2026: Kalshi requested that the intellectual property rights of its requested trademark for the term “prediction market” cover the entire gambling industry.

March 2026: Washington State Attorney General Nicholas Brown filed a lawsuit on Friday, suing prediction market operator Kalshi for illegal gambling.  

March 2026: Kalshi issued new rules, restricting athletes and politicians from trading on its platform in an effort to contain insider trading as prediction markets have come under fire for vague rules and lax enforcement relative to insider trading.  

March 2026: A Nevada court issued a temporary restraining order banning Kalshi from offering sports, election, and entertainment event contracts in the state after regulators argued it was unlicensed sports betting.

March 2026: Prediction market company Kalshi's valuation has reportedly doubled to $22 billion dollars.

March 2026: Arizona charged the prediction market operator Kalshi with 20 criminal counts, ranging from wagers accepted on Arizona men’s and women’s college basketball games, Super Bowl prop bets, and election wagering.  

March 2026: NBA star Devin Booker has partnered with Kalshi to promote a March Madness bracket contest with a $1 billion prize for a perfect entry. 

March 2026: Kalshi is challenging more than a dozen states in court over the legality of its sporting event contracts, filing suits this week against both Arizona and Iowa gaming regulators.

March 2026: An Ohio judge ruled against Kalshi, stating sports contracts aren't swaps, after the prediction market platform attempted to sue the state following cease-and-desist orders.

March 2026: According to reporting by the Wall Street Journal, Kalshi and Polymarket are talking to new investors, which would see valuations shoot up to $20 billion. 

February 2026: Ex-California governor candidate Kyle Langford and MrBeast employee Artem Kaptur received bans and fines for violating Kalshi’s insider information policy.

February 2026: Kalshi filed a federal lawsuit in Utah seeking to prevent expected state enforcement tied to anti-gambling laws.

February 2026: Kalshi discloses an insider trading probe to ensure customer confidence, preparing to disclose disciplinary actions after working through a backlog of potential violations.

February 2026: Kalshi and Polymarket have received a combined $10.6 million in mention market contract purchases on US President Donald Trump's upcoming State of the Union address on Tuesday.

February 2026: The NCAA has raised a dispute with prediction market Kalshi, after the operator was found to have been using its “March Madness” trademark.

February 2026: A Tennessee U.S. District Judge granted Kalshi a preliminary injunction preventing state officials from enforcing state betting laws.

February 2026: The Nevada Gaming Control Board sued Kalshi, arguing sports event contracts constitute unlicensed wagering under state law.

February 2026: NBA commissioner Adam Silver said the league views prediction markets like sports betting operators, so Milwaukee Bucks star Giannis Antetokounmpo did nothing wrong when he became a Kalshi shareholder earlier this month. 

February 2026: Kalshi’s sports event contracts have helped the platform become approximately one-fifth the size of sports betting giant DraftKings, generating $1.3 billion in estimated annualized revenue.

February 2026: In an unprecedented move, NBA star Giannis Antetokounmpo announced that he’s a shareholder of Kalshi, despite active players being forbidden from trading on NBA markets.

February 2026: Amid concerns of inadequate integrity standards, Kalshi announced a major revamp of its surveillance and enforcement structure with a new enforcement policy split into three pillars: detect, investigate, and enforce.

January 2026: Coinbase has rolled out prediction markets nationwide through its partnership with Kalshi, with its prediction market product available to users across all 50 states.

January 2026: Kalshi has reportedly landed its first pro athlete partnership, teaming up with two-time U.S. Open champion Bryson DeChambeau to feature in a TV commercial and other promotional materials.

January 2026: Kalshi is suing the Tennessee Sports Wagering Council (TSWC) after the regulator issued a cease-and-desist order to the prediction market operator January 9th.  

January 2026: In an effort to curb insider trading, Kalshi's CEO endorsed a bill that would ban government officials with access to material nonpublic information from trading prediction market contracts tied to policies, actions, or elections.

January 2026: Prediction market firm Kalshi has begun rolling out a VIP product to retain its highest-volume users, with the program reflecting similar programs offered by crypto platforms and sportsbooks.

Kalshi responsible trading

Kalshi is enhancing its responsible trading framework with new safeguards to prevent minors from accessing prediction markets and to help users manage risk more transparently.

• Default Face ID & KYC Controls

Kalshi is expanding minor-prevention safeguards by enabling Face ID by default in its app and continuing to use KYC/customer verification to block underage users. The added biometric layer is intended to reduce account misuse when minors attempt to access the platform using a parent’s or sibling’s identification.

• Selfie Verification & Account Monitoring

The platform is adding selfie checks as an additional layer of protection for higher-risk users, while also allowing account holders to see whether someone else is accessing their prediction-market account. These tools are designed to detect unauthorized use by minors, bad actors, or anyone trading through another person’s account.

• Inner Circle Accountability Tool

Kalshi is introducing “Inner Circle,” a social accountability feature that allows users to share trading activity with trusted friends or family. This builds on existing responsible trading measures, such as risk limitations and self-exclusion, by adding outside visibility and support.

• Personalized Deposit Limits & Proof of Funds

Kalshi will recommend deposit limits based on user activity and look for signs of unhealthy trading behavior. When needed, the platform may educate users about available controls, suggest personalized limits, or request proof of funds as an additional safeguard for responsible trading.

• Deposit limits and trading alerts for users under 21

Kalshi announced additional protections for traders aged 18–20 on October 27, including a default $2,500 monthly deposit limit. The safeguards are rolling out following the announcement and build on its existing responsible-trading tools. These protections apply to young adults; users under 18 remain prohibited from trading.

Kalshi is also introducing trading alerts for new users with account balances above $1,000 when a single trade would commit more than 25% of their balance. The warning encourages traders to reconsider concentrating so much of their money in one position.

I welcome these additional checks, but I wouldn't treat the $2,500 default as a recommended budget or a safe amount to lose. Users can set their own lower deposit limits, and neither a limit nor an alert removes the risk of losing money.

• Market integrity and consumer protections

Kalshi also highlights market integrity as part of its responsible trading approach. As a federally regulated prediction market, it uses market surveillance, identity verification, and trading restrictions designed to reduce manipulation and insider activity. Kalshi has also introduced risk scoring for higher-risk markets, employment screening for potential insiders, and tools that allow users to report suspicious trading directly from market pages.

Additional prediction market platform promos

Kalshi is a pioneer in its niche, one of the first of its kind, with few platforms offering the same service and even fewer providing promotions and bonuses. That said, if you're looking for some Kalshi alternatives, the following options may be your best bet.

Find more information below. 

• Plus500: Learn more about the latest Plus500 promo code to claim its new-user welcome offer.
• Moon: Our Moon promo code page has the latest details on the prediction-market newcomer.
• Crypto.com: Offers a $50 bonus for first-time users without a Crypto.com promo code.
• FanDuel Predicts: FanDuel teamed with CME Group to launch FanDuel Predicts in December. Check out our FanDuel Predicts promo code review page to learn more
• Underdog: Visit our Underdog promo code page for the latest offer, eligibility details, and current terms. 
• Gemini: Our Gemini promo code page has everything you need.
• Onyx: Users comparing prediction market welcome offers can also review the latest Onyx promo code offer.
• Fanatics Markets: Uses FanCash-based promotions with different qualification structures. See our Fanatics Markets promo code guide to compare how those rewards work.
• PredictIt: Offers a $20 bonus with a $20 deposit for new users.
• Sporttrade: Claim up to a $100 bonus without a Sporttrade promo code. 

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