How does Kalshi work?
Before carrying on talking about the current Kalshi bonuses, it’s good to fully understand how prediction sites like Kalshi work.
Kalshi is a CFTC-regulated platform that allows traders to make predictions on real-world events that range from elections and economic data to sports. As opposed to making predictions against the platform itself, Kalshi acts as a neutral exchange that matches traders on opposite sides of the outcome.
The trades that you make require you to purchase contracts that either represent a ‘Yes’, or a ‘No’ on a specific event. These contracts are priced according to market sentiment, and between the prices of $0.01 and $0.99. A price of $0.65 means the market sees a 65% chance of that outcome happening.
Every winning contract settles at $1.00, and every losing one settles at $0.00, which means that if you purchased a ‘Yes’ contract at $0.65 and the event happens, you receive $1.00 per share, at a $0.35 profit. Meanwhile, if the prediction is wrong, you get $0 per contract, meaning the money is lost.
Just remember that Kalshi fees change depending on the price of the contract, with higher fees for contracts priced closer to $0.50.
What is the Kalshi sign up offer?
Now that you’re aware of how the site works, it’s time to talk about the welcome offer for new traders signing up at Kalshi.
After registering, customers who trade at least $25 within 7 days of opening an account, and meet the bonus’ terms and conditions, will unlock $55 in free trade credits.
To claim this bonus, you can either enter a Kalshi promo code during sign up, or click the banners on this page, which will automatically qualify you for the welcome offer.
What’s great about this bonus is that it really is easy to claim. You’ve simply just got to register a new account, make a qualifying deposit, and then meet the $25 trading threshold within 7 days of opening your account.
Claiming your Kalshi welcome offer
After hearing about what’s available in this bonus, the next thing that you’re probably wanting to know about is how to claim it. As was mentioned previously, the process is nice and simple, and there are no unnecessary steps required.
Here’s how it’s done:
- Click the on-page banners to have your Kalshi promo code applied automatically.
- Click the 'Sign Up' on the home page.
- Register your account using your email, or sign up using an existing Google or Apple account.
- Verify your email address by clicking the email verification link.
- Complete Kalshi’s KYC verification process by submitting your personal info and ID.
- Link your preferred payment method to your account.
- Make the minimum qualifying deposit of $10.
- Make $25 in trades within 7 days of opening your account.
- Receive your bonus credits when the qualifying trades have been completed.
Terms and conditions worth knowing
When you’re claiming any bonus, it’s always recommended that you read the terms and conditions, and it’s no different when claiming one at Kalshi. These often affect who is eligible to claim the bonus, as well as specific information about how to claim, or even when bonuses may expire.
Take a look at the table below to see some of the ones that stood out:
| Category | Requirement and terms |
|---|---|
| Eligibility and age | Must reside in a state where Kalshi operates and be at the legal age of majority for that state. |
| Identity verification | Must complete identity verification, including providing your Social Security number (SSN). |
| Minimum deposit | Must deposit at least $10 into your account to qualify for the bonus. |
| Trading requirement | Must trade a minimum of $25 in event contracts within 7 days of opening an account (can be a single trade or multiple smaller trades). |
| Bonus payout | $55 is credited as trading credits (can’t be withdrawn directly as cash). |
| Credit expiration | Bonus credits expire if not traded within 7 days of issuance. |
Event outcome trading at Kalshi (PBT)
Kalshi (PBT)’s current event markets
Explore event contracts on Kalshi (PBT)
5 Expert Tips for maximizing your Kalshi new user promo
If you want to make the most out of your time trading at Kalshi, then you’re probably going to want to know what the experts have to say. Feel free to take advantage of these top tips, as they can help you to avoid making some errors that new traders make, and avoid any unwanted fees.
Weather event markets on Kalshi
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Fast facts on the Kalshi welcome offer
This guide has covered a lot of ground on the topic of Kalshi promotions, so to help you remember some of the biggest points, you can check out these fast facts.
What is the Kalshi welcome bonus?
The welcome offer grants new traders $55 in trading credits after they register a new Kalshi account and meet the minimum requirements to qualify.
What are the deposit and trading requirements to trigger the bonus?
To qualify for the bonus you must make an initial deposit of at least $10, and also complete a cumulative total of $25 in event contract trades within 7 days of opening your account. This $25 threshold can be reached in a single trade or spread out over multiple smaller trades.
Do you need a promo code to claim the Kalshi offer?
While you can manually enter a Kalshi promo code during the registration form, you can also have your promotion applied automatically during sign up by clicking directly on the official promotional banners that are located on this page.
Where do you need to be located to trade and claim the Kalshi promo?
To be able to register a new account, and subsequently claim the current Kalshi welcome offer, you must be physically located and reside in a state where Kalshi operates, and you must have reached the legal age of majority in that state.
Kalshi is available in California and most other US states. At the time of writing, the only states with some restrictions are
. And even in those regions, you can join and trade predictions, you just can’t access predictions for events in the sports category.
How long do the bonus trading credits last before expiring?
Once credited to your account, the $55 in promotional credits must be used within 7 days. If you do not make a trade using the credits within that 7-day window, they will expire.
Ongoing promotions at Kalshi
Beyond the welcome offer, Kalshi runs a few different promotions that you can get involved in long after signing up. Understanding what all of the different bonuses are, and how you can claim them, is important to any trader that wants to get more out of what the site offers, or to avoid paying any unwanted fees.
Refer-a-friend program
If you get a friend to sign up using your Kalshi referral code, and they make up to $25 in qualifying trades, you can receive $25 in trade credits. This promotion allows you to refer up to 40 friends in total, which adds up to a potential total of $1000 for an individual account.
Market bug bounty
By identifying and reporting bugs or resolution errors on pre-listed or active markets to customer support, you can receive up to $100 in bonus trade credits.
Liquidity incentive program
Get rewards for placing limit orders that add liquidity and depth to Kalshi's order books, even if those orders remain unfilled.
Volume pool rebates
At Kalshi, when you trade eligible markets, you can unlock cash rebates, or shares in prize pools. This promotion varies a lot, but the premise is the same: the more volume that you drive during promotional periods, the bigger your slice of the reward pool.
Event-specific promotions
Like most top prediction market sites, Kalshi offers promotions that are specific to major real world events like the NBA Finals, or major political elections. Keep an eye on the Promotions tab, or follow Kalshi on social media, to stay up to date with what’s currently on offer.
Final thoughts: Kalshi’s welcome offer is legit
When it comes to evaluating Kalshi’s welcome offer, where you can get $55 in trading credits for making $25 in qualifying trades, it’s safe to say that this bonus is one you’re going to want to check out. As well as being generous, the bonus also comes with very reasonable conditions that have to be met to qualify. Once you’ve claimed your credits, you can use them to make trades on a huge range of different markets, at one of the most trusted sites in the entire space.
Another great thing about this bonus is that it's easy to unlock. Just click the banners on this page and use the promo code when you sign up to be eligible for the promotion.
Kalshi promo code FAQs
Wes Burns has more than a decade's worth of experience as a writer, researcher and analyst in the legal gambling industry and is co-founder of BettingUSA.com. As a former professional online poker player, Wes approaches his work from the viewpoint of players.