Updated on 3/17/25
The Kalshi sign-up bonus is ready for the taking when you register with promo code
How the Kalshi Sign-Up Bonus Works
Kalshi offers a the signup bonus of
| 😴 Kalshi Promo Code | |
| 🤑 Kalshi Signup Bonus | |
| ✅ Kalshi Legal States | All 50 States |
| 📝 Terms and Conditions | |
| 🎯 Last Verified | March 2025 |
Since Kalshi operates as a regulated financial exchange, your trades are based on real-world events, not traditional gambling. Plus, with no cancellation fees, getting started is pretty simple.
Step-by-Step Guide to Claiming Your Bonus
- Head to the Kalshi website or open the app.
- Click “Sign Up” and register with your email or Google/Apple account.
- Enter the promo code
- Verify your identity (you’ll need a valid U.S. ID + must be at least 18 years old).
- Make your first $100 in trades.
That’s all there is to it—once your trades are complete, the bonus will be added to your account.
Another generous signup bonus that our users love is the Sleeper promo code, though it unlocks an offer for DFS rather than sports trading.
What Makes Kalshi Different?
Kalshi isn’t your average trading platform. Instead of stocks or crypto, it operates as a prediction market, basically allowing users to trade on the outcomes of real-world events. Think elections, economic indicators, or even pop culture moments – if there’s data behind it, there’s probably a market for it on Kalshi.
Prices shift based on supply and demand, similar to a stock exchange, creating opportunities for strategic trading.
On the other hand, unlike sportsbooks where bets are typically locked in until settlement, Kalshi lets traders exit positions early – just like a stock exchange. So, instead of waiting for an event’s final outcome, you can:
- Buy into a position at one price.
- Sell out of it later if the market moves in your favor.
- Monitor live trade values in the “Portfolio” tab.
Think of it like owning stock: you don’t have to hold onto Amazon shares until the company dissolves;—you sell when the price is right.
And last but certainly not least, on Kalshi, trading on “No” is an option. What does this mean? Traditional sportsbooks don’t always allow users to bet against an outcome. For instance, you can’t bet that a player won’t score a touchdown or a team won’t win the NBA Championship. But here, you can trade on the negative.
Crypto.com is a similar exchange platform that offers sports trading, though it’s not as extensive as Kalshi also offers pop culture markets.
Kalshi’s Expansion into Sports Markets: Percentage-Based Pricing
Ahead of the 2025 NFL Conference Championship Games, Kalshi introduced sports-related event contracts. However, due to regulatory restrictions, the platform currently only offers “futures” trades, meaning you can only trade on long-term outcomes, such as:
- Who will win the NBA Championship?
- Which new head coach will a team acquire?
- Who will win the Stanley Cup?
- Who will win the college basketball championship?
Now, unlike exchanges such as Sporttrade, which allow users to view prices in either percentages or traditional American odds, Kalshi only displays percentage-based pricing. For sports bettors or fantasy sports players new to this format, it might take a little getting used to, but the platform makes it easy to follow.
Here’s how it works:
- A contract costs between $0.01 and $0.99.
- Winning contracts settle at $1.
For example, let’s say Brian Schottenheimer is trading at $0.88 to become the next Dallas Cowboys head coach. If you buy at that price, a winning trade settles at $1, and you receive $0.12 profit per contract. The gap between “Yes” and “No” prices reflects market uncertainty, meaning liquidity and sentiment drive pricing just like a stock market.
Popular Event Contracts on Kalshi
Kalshi features a ton of event contracts, including:
- Sports: Will a team win a championship?
- Politics: Will a specific bill pass by a certain date?
- Economy: Will inflation rates rise or fall next quarter?
- Pop Culture: Will a major artist announce a surprise album release?
Since prices fluctuate based on market sentiment, staying informed on current events can give traders an edge.
Trading Strategies for New Kalshi Users
If you’re just starting out, here are a few tips:
- Look at historical trends: Past market behaviour can offer clues about future movements.
- Start small: Experiment with different markets before making larger trades.
- Stay updated: Breaking news can shift market prices in an instant.
If you’re new to prediction markets, paper trading (aka simulating trades without real money) can be a useful way to practice before jumping in.
Kalshi’s Referral Program: Earn Bonuses by Inviting Friends
Once you’ve started trading, you can earn more bonuses by inviting friends. Share your unique kalshi referral link with friends and family, and when they sign up and start trading, both of you get rewarded with a $10 bonus. This is a win-win situation, encouraging more users to join and participate in Kalshi’s markets.
Pro-Tip: Encourage your friends to stay active on Kalshi. The more they trade, the more you earn! Sharing your referral link across social media or forums can also help make the most out of your rewards.
However, you have to trade at least 100 shares before you unlock the ability to refer friends. If your pals don’t want to wait that long to trade, tell them to sign up with promo code
If you and your friends would rather trade for free, the Manifold Markets bonus code might be for you.
Security & Regulations: How Kalshi Keeps Your Funds Safe
As a Commodity Futures Trading Commission (CFTC) regulated exchange, Kalshi adheres to strict financial guidelines. This means:
- Secure Transactions: Advanced encryption protects your funds and personal data.
- Two-Factor Authentication: Adds an extra layer of security to your account.
- Regulatory Oversight: Kalshi operates legally in all 50 states, backed by institutional liquidity.
Deposits and withdrawals are processed via ACH transfers and bank transactions, with funds typically available within a few business days.
Previously, Robinhood was going to offer trading contracts for Super Bowl LIX through a Kalshi partnership. However, the CFTC didn’t permit this endeavor.
See our review of the Robinhood signup bonus for more info on whether this platform, like Kalshi, will offer sports trading.
Fees and Costs on Kalshi
Kalshi’s fee structure is straightforward:
- Deposits: Free via bank transfer or debit card.
- Withdrawals: $2 flat fee.
- Trading Fees: A small percentage of the trade value, deducted only upon execution (placing an order is free).
- No Cancellation Fees: You can back out of a trade without penalties.
Tax Obligations for Kalshi Users
Since Kalshi operates as a regulated financial exchange, earnings may be subject to tax reporting. Here’s what traders should be aware of:
- Capital Gains Reporting: Profits must be recorded on IRS Form 8949, summarized on Schedule D.
- FIFO Accounting: Kalshi uses the First-In, First-Out method for gains and losses.
- 1099 Forms: If you earn over a certain threshold, Kalshi will issue a 1099-MISC or 1099-INT for tax reporting.
Not sure how your trades impact your taxes? Consulting a tax professional is always a good idea.
To see how Kalshi compares to an exchange that’s unregulated in the US, see our review of the Polymarket promo code.
What Kalshi Offers for User Experience
Kalshi’s trading platform is available on both web and mobile, offering a clean, intuitive interface designed for ease of use.
What makes it stand out?
- Custom Event Markets: Users can suggest new event contracts via Kalshi’s Market Builder. If enough people show interest and it meets regulations, Kalshi may list it.
- Real-Time Portfolio Management: Track trades, manage positions, and withdraw funds seamlessly.
- Built-In Security: Two-factor authentication (2FA) and encrypted transactions ensure a secure experience.
Another plus is that Kalshi is legal in all 50 states—online sportsbooks and DFS apps can’t say the same.
Final Thoughts About the Kalshi Signup Bonus
Kalshi has a unique way to engage with real-world events while trading in a regulated environment.
With a signup bonus of
Ready to claim your next welcome offer? I’d recommend checking out the Underdog Fantasy promo code.
Kalshi Bonus FAQs
Here are some FAQs about the Kalshi sign-up bonus and referral code:
What is Kalshi, and how does it work?
Kalshi is a regulated event-based trading platform where users can buy and sell contracts based on real-world events. Instead of trading stocks or crypto, you’re speculating on yes-or-no outcomes tied to politics, economics, sports, and more.
How does Kalshi work?
Kalshi ensures prices shift based on market sentiment, allowing traders to profit from their predictions in a regulated environment.
What is the Kalshi sign-up bonus?
New users who sign up with the promo code
How do I claim the Kalshi promo code offer?
Sign up on the Kalshi website or mobile app, enter promo code
What types of markets can I trade on Kalshi?
Kalshi offers a wide range of event contracts on everything from sports and politics to the economy and pop culture. One moment you could be trading on whether a specific law will pass by the end of the year. The next, you could be predicting whether Taylor Swift will be releasing her next album soon. Regardless, each market reflects real-time supply and demand, meaning prices fluctuate based on what traders collectively believe will happen.
How do Kalshi referral bonuses work?
Kalshi rewards users for inviting friends to the platform. After trading 100 shares, you’ll get a unique referral link to share. When someone signs up using your link and completes their first trades, both of you receive a bonus.
Is Kalshi legal and regulated?
Yes, Kalshi is a Commodity Futures Trading Commission (CFTC) regulated exchange, meaning it operates under strict U.S. financial regulations. Kalshi follows compliance rules to ensure security, transparency, and fair trading practices and is legal in all 50 states. Plus, Kalshi requires identity verification to comply with financial laws and prevent fraudulent activity.
