Kalshi

346 reviews, 59% of them positive.59% positive · 346 reviews· Influence factor 134, above 27% of accounts

The record

From 288 activities · May 2026

Kalshi is a CFTC-regulated prediction market platform where users trade on real-world events across politics, sports, economics, and weather. The platform is praised for its clean UI, professional infrastructure, and regulatory legitimacy, positioning it as a serious alternative to Polymarket—though critics note it functions more as a gambling app and operates with significant barriers including mandatory KYC, geographic restrictions, and thin liquidity outside major markets. Controversy surrounds the platform's handling of contract modifications (notably an Iran Supreme Leader market), paid influencer campaigns against competitors, and a perceived focus on fighting Polymarket rather than improving its own product, raising concerns about ethics and user trust despite strong VC backing and mainstream adoption.

What people say

Received · 346 Given · 0

“Easy Entry Point for Prediction Markets”Kalshi makes prediction markets less intimidating to use. They have a simple platform and provide clear markets; however, the regulatory approved markets provide many users with further assurance when depositing funds. While there are plenty of supporters, there are also many critics with criticisms ranging from constant challenges over the validity of the outcomes of specific markets, to overly aggressive competition with competing sites, and a need to verify user identity. Because of this, Kalshi has developed a loyal user base, but it is still a very divisive company in this industry.

clouds77exe · 1147· 4mo ago · neutral0

“Regulated and Growing, But Still Debated”In my opinion, Kalshi has been the easiest prediction market site I've used so far as far as an easy to use interface goes. They are regulated which gives them a sense of legitimacy that many users appreciate. The experience is polished and easy for a beginner. Conversely, they have received numerous critiques from parts of the prediction market community for their business tactics, the KYC process, and certain controversial market resolutions. The extent to which those concerns are unfounded or well-founded will depend on who you talk to; however, they have consistently been a topic of discussion within the context of Kalshi.

coby · 1183· 4mo ago · neutral0

“Simple to Use, But Not Without Controversy”Despite being relatively easy to use, Kalshi has had a controversial start as a regulated prediction market. Kalshi has a very clean user interface that makes it easy for first-time users to trade on the outcome of real-world events, especially compared to many of the crypto-native alternatives. Additionally, many of its US-based user base seem to appreciate the regulatory aspect of the platform which gives them more confidence in their ability to participate in a regulated event. While there are many advantages to using Kalshi as a prediction market, there are also a number of potential drawbacks that could negatively affect the future growth and development of the platform. For example, users have expressed concerns about the behaviour of the Kalshi community, particularly in terms of their level of competition and KYC requirements; Additionally, many users have questioned whether or not Kalshi is actually innovating by transitioning to the prediction market space or simply replicating an existing bank model.

wolf 👾 · 1302· 4mo ago0

“Outstanding Source for Real-Time Market and News Insights! 🚀”What truly sets Kalshi apart from standard news aggregators is how they tie real-world events to actionable prediction markets. Seeing the live odds and trader forecasts on everything from central bank policies to the future of AI gives you a fascinating, quantitative edge on how the world is actually reacting to the news.

Escrow Build · 1347· 4mo ago0

“One of the Most Legit Prediction Markets”I've used Kalshi a few times, and what I like most is that it feels like a real product, not just another crypto speculation platform. The markets are easy to understand, the interface is clean, and there's a wide range of topics beyond crypto. It's one of the few prediction market platforms that has managed to attract mainstream attention while staying focused on user experience. Definitely one of the more credible players in the space.

Waizh · 1150· 4mo ago0

“Kalshi เป็นแพลตฟอร์มประเภท Prediction Market (ตลาดทำนายผล) ที่ร้อนแรงมาก ๆ ในปัจจุบัน”วิธีการทำงานของตลาด (Event Contracts)กลไกของ Kalshi จะใช้สัญญาที่เรียกว่า Binary Options หรือสัญญาแบบ "ใช่/ไม่ใช่" โดยราคาของสัญญาจะวิ่งอยู่ระหว่าง 1 เซนต์ ถึง 99 เซนต์เมื่อเปิดสัญญา: ราคาของใบสัญญาฝั่ง YES และ NO รวมกันจะเท่ากับ $1$ ดอลลาร์เสมอ (เช่น ถ้าคนคิดว่ามีโอกาสเกิด 60% ราคาฝั่ง YES จะอยู่ที่ 60¢ และ NO อยู่ที่ 40¢)เมื่อจบเหตุการณ์ (Settlement): ฝั่งที่ทายถูกจะได้เงิน $1$ ดอลลาร์เต็ม ส่วนฝั่งที่ทายผิดจะกลายเป็น $0$ทันทีทำกำไรระหว่างทางได้: คุณไม่จำเป็นต้องถือสัญญาจนจบเหตุการณ์ ถ้าซื้อมา 40¢ แล้วกราฟโอกาสชนะพุ่งไป 70¢ คุณสามารถกดขายทำกำไร (Take Profit) ออกมาก่อนได้เลยเหมือนการเทรดหุ้นหรือคริปโต2. จุดเปลี่ยนสำคัญ: การเปิดรับคริปโตและการทำกำไรแบบ Multi-Networkแม้ Kalshi จะคำนวณเงินในพอร์ตเป็นดอลลาร์ (USD) แต่ปัจจุบันได้เปิดระบบให้ชาวคริปโตฝากและถอนเงินได้อย่างง่ายดายผ่าน Zero Hash และ Coinbase Custody:รองรับเหรียญหลัก: สามารถฝากเงินด้วย USDC, BTC, SOL และ WLDรองรับ Layer 2 (Base Network): จับมือกับ Coinbase เพื่อให้ฝาก USDC ผ่านเครือข่าย Base ได้ ซึ่งช่วยลดค่าแก๊สลงไปได้ถึง 90% และประมวลผลไวมาก (ประมาณ 5-20 นาทีเงินก็เข้าพอร์ต)Auto-Conversion: เมื่อฝากคริปโตเข้ามา ระบบจะเปลี่ยนเป็น USD ให้ทันทีเพื่อใช้เทรด และในระหว่างที่เงินดอลลาร์นั้นอยู่เฉย ๆ ในพอร์ต คุณจะได้ ดอกเบี้ย (APY) สูงถึง 3.75% อีกด้วย และตอนถอนก็สามารถเลือกถอนกลับเป็น USDC เข้า Wallet ได้โดยตรง

kazmythrizz .ink ₿₿₿ · 1197· 4mo ago0

“Regulado mas desonesto”Kalshi tá regulado (CFTC), UI é limpa, é legítimo no papel. Problema? O time tá pagando KOLs pra difamar Polymarket, faz lobbying agressivo, e teve envolvimento em raid contra o CEO do Polymarket isso não é competição, é ataque pessoal. Muda regras de contrato no meio do trade (que é enganação pura). KYC obrigatória mata o vibe de prediction market que deveria ser aberto. No final, parece mais gambling disfarçado com regulação como escudo legal. Pro Ethos, Kalshi é modelo do que não fazer: pode ter compliance bonitão, mas valores internos tão podres. Reputação abalada demais.

Viletime · 1231· 4mo ago · negative0

“$178B volume, $22B valuation, 90% US market share the prediction market that rewrote financial law.”Kalshi was founded by MIT graduates Tarek Mansour and Luana Lopes Lara with a single conviction: prices are the world's best information aggregators, and prediction markets should be legal, regulated, and accessible to everyone. What followed was a multi-year regulatory battle with the CFTC that Kalshi eventually won and once the floodgates opened, the growth has been unlike almost anything in fintech. In 2025 alone Kalshi processed $23.8 billion in volume, growing 1,100% year-over-year. By May 2026, annualised volume hit $178 billion. This week they raised $1B at a $22B valuation their third billion-dollar round in seven months.

shankarrao2006 · 1236· 5mo ago0

“Polymarket competitor”Kalshi is a very popular prediction market based in the US. Kalshi is valued at approximately $22 billion, making it a major player in the "event contracts" space. Users trade on the outcomes of real-world events, betting against each other with users forming the order book. I have not seen them promote any scams or any red flags so far.

𝙃𝙖𝙯𝙢𝙪𝙪𝙩 🔴🐢🔆 · 1379· 5mo ago0

“Significant Limitations in Market Depth and Platform Accessibility”Kalshi presents several challenges that hinder its effectiveness as a premier prediction market platform. There are ongoing concerns regarding the limited depth of liquidity across various event contracts which often leads to high slippage for active traders. Furthermore the restricted geographical access and stringent onboarding requirements create significant barriers to entry for a global audience seeking decentralized alternatives. The centralized nature of the clearing house model also introduces a single point of failure that contradicts the broader ethos of transparent and open markets. For professional participants the current user interface lacks the sophisticated tools and data granularity required for complex hedging strategies. Potential users should carefully evaluate these structural weaknesses before committing capital to this ecosystem

zkArrenv · 1223· 7mo ago · negative0

“Top of Prediction markets”Kalshi is a prediction market platform. It allows users to trade "yes/no" event contracts on real-world outcomes in categories like politics, sports, economics, weather, culture, and crypto price movements. Kalshi is a solid, regulated player in the booming prediction markets sector, especially appealing if you want crypto exposure (price bets or on-chain tokenized contracts) without full DeFi risk

andy unstable 🫎 · 1261· 7mo ago0

“Another Gabling site”These types of Dapps are curse to this space and it openly promoting gambling activities. Everyone needs to stay away from these types of app otherwise they will end up loosing their hard earning money. It will also convert whole blockchain into the gambling hut which is really bad for this industry

(Rahul Shetty*) · 1235· 7mo ago · negative0

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