Is there a Kalshi promo code?
While there isn’t a specific Kalshi promo code for new customers, you can potentially get a small signup bonus if you meet the eligibility criteria. From my experience with prediction trading sites, it is rare for them to have promotions - it’s not something that they generally do. So, the fact that Kalshi has anything at all is a big win.
Kalshi has a simple $10 signup bonus
When I registered an account with Kalshi, I was able to get the following signup bonus:
- Create an account with Kalshi, verify your ID, and make $10 in trades to get a $10 bonus.
I love the simplicity of this offer - the terms are incredibly easy to understand, and you are effectively getting a 100% bonus if you trade $10 on any of their prediction markets. Specific T&Cs include:
- Only available to new Kalshi customers.
- You must sign up and make a minimum $1 deposit.
- You must also fully verify your ID.
- To get the full bonus you must spend $10 on trades.
There aren’t really any other terms to be aware of. In terms of legality as we noted in our separate Kalshi review, it is available in all 50 US states and you have to be over 21 to sign up here. That’s pretty much it.
How to get your Kalshi $10 signup bonus
The first part of getting your signup bonus involves registering a new account and this can be done via the following steps:
One of the main parts of the registration process is the verification and this can include multiple steps such as verifying your email and/or phone number, but also doing a full KYC check. This is non-negotiable, and you will need to do it to get the signup bonus. It involves uploading live photos of a valid ID such as your passport, and taking a selfie to verify your likeness.
After you’ve registered and verified your ID, you will need to credit your account. Kalshi accepts a variety of deposit methods including Visa and MasterCard, and the minimum deposit amount is $1. When you’ve added funds into your account, the final step is to make $10 in trades. I recommend researching the different markets first such as the Kalshi sports predictions - don’t rush into your first trade just to get your bonus.
When you’ve completed a trade or trades worth $10, the bonus funds should be added to your account. As far as I can see, the bonus cash can be withdrawn without any restrictions.
My thoughts on the Kalshi welcome offer
I completely get that this welcome offer might seem small, but I think it’s the perfect introduction to prediction trading at Kalshi. You get a nice $10 bonus that you can perhaps use to try out the trading system, see how it works, and see if it’s something you want to get into without making a huge initial investment. With my $10, I made some trades on upcoming elections in the Kalshi election predictions section.
Kalshi Bonus Offers:
Tips for using your Kalshi welcome bonus
I’ve traded on this site for some time now, so I’ve got a pretty good idea of how it works. Based on that, I’ve given some simple tips below in relation to trading and prediction markets.
💰 Always check the trading fees
Kalshi has a fee structure that it charges for trades. This ultimately impacts the potential return you can make from your trades. Before you execute any type of prediction trade order, you must be aware of the fees. Fees are usually charged to takers, or the traders who match existing orders, and Kalshi uses a specific formula. However, when you go to make a trade, you should get a summary that includes any fees.
📊 Look at the trading volume
Trading volume can impact your ability to liquidate your trade contracts at Kalshi, and give an indication of how popular the prediction is. Typically, trade contracts for predictions with a higher trade volume will be easier to buy and sell, because there are more traders involved. On the flip side, if a prediction only has a small volume, you could potentially be stuck with bad contracts that you can’t sell.
🔍 Be willing to do extra research
Prediction markets trading at Kalshi can be complex depending on the subject and category. My main piece of advice before you utilize the signup bonus, is to research the types of predictions you want to trade in. Understand the factors that can impact the prediction trade contract prices, and why people are trading the way that they do.
Other promotional features I found at Kalshi
The Kalshi app and desktop website do have a couple of other interesting promotional features that I found. I was happy to see these, as historically, prediction exchanges do not offer much in the way of promos or bonuses at all.
Kalshi referral program
If you have friends who you think would be interested in prediction trading at Kalshi, you can potentially give them your referral code and get a $25 referral bonus for each referee who meets the requirements. Important details about the scheme include:
- You can get a $25 bonus per referee.
- The maximum referral bonus you can get is $1,000.
- Referees must use your code, sign up, and complete the KYC check.
I like the simplicity of this program, and it’s also worth noting that BOTH you and your friend get a $25 bonus if they use your code. You should be able to find your referral code in the account management section.
Kalshi incentive programs
If you intend to trade regularly in Kalshi sports predictions and other markets, it could be worth looking into the two incentive programs they run. I think these are more aimed at large volume traders, but you can potentially generate passive income simply from trading specific predictions, or via your overall trading volume. The two current incentive programs are as follows:
- Volume.
- Liquidity.
The volume incentive program is simply based on your overall trading volume. However, it only applies to specific trade contracts. You can find a list if you scroll to the bottom of the site or app and hit the incentives program link - it’s then a case of filtering for volume, and you should see a list of available predictions, together with the potential reward you can get.
The liquidity program is about the quality of your trades and if they help with market liquidity for Kalshi customers. Similar to the volume program, you can see what available predictions there and their rewards. From my experience, these two incentive programs cover most of the available prediction markets at the site, including Kalshi election predictions, politics, but more often than not, crypto.
Final verdict - Kalshi has a decent signup bonus
I hope you have found this Kalshi promo code review useful, and you now have a better understanding of the potential signup bonus that you can get. I appreciate that this isn’t the biggest bonus you can find, but $10 is still $10, and I think the simplicity of the bonus, plus the low entry requirements make it a great starting point. Add into that the fact that hardly any prediction exchanges have a signup bonus, and it looks even better.
If you want to get this promo yourself, you can click the banners we have featured on this page to get signed up and meet the $10 minimum trade requirement. Also be sure to look out for the referral scheme and the incentives programs that Kalshi offers.
Kalshi Bonus Offers:
Kalshi promo code FAQs
Do you need to use a Kalshi bonus code?
At the time of writing this article, I didn’t need to use any codes to claim the bonus on Kalshi.
Is Kalshi a legit prediction exchange?
Yes! I’ve tested this site and app extensively and I am confident that it’s a legitimate prediction trading exchange. It is regulated by the CFTC, and has numerous features such as KYC checks, an AML policy, and anti-insider trading processes to protect its customers and integrity.
Who can get the Kalshi signup bonus?
Kalshi is legally available in all 50 states in the US. You have to be over 21 to register, and to get the signup bonus you must never have created a Kalshi account before.
