Kalshi

346 reviews, 59% of them positive.59% positive · 346 reviews· Influence factor 136, above 26% 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

“A Fresh Take on Real-World Event Trading”If you're curious about diving into real-world event trading — think elections, sports outcomes, or even weather patterns — Kalshi (available at https://x.com/Kalshi) is worth a look. It’s a platform where you can buy and sell contracts based on how certain events unfold, kind of like a stock market, but for real-life happenings. What stands out: Kalshi keeps things simple and user-friendly. The interface is clean, making it easy to browse different events and place bets — I mean, trades. It’s well-organized, and the site loads quickly, which is a plus. What to keep in mind: Because it’s a newer, niche space, the user base isn’t huge. That can mean fewer liquidity options on some contracts, so it’s best for smaller, informed trades rather than big bets. Also, since it’s tied to real events, outcomes can be unpredictable — which adds excitement, but also risk. All in all, Kalshi feels like a solid entry point if you’re interested in event-driven markets and want to test the waters without heavy investment. It’s not flashy, but it does what it promises, clearly and straightforwardly.

Alfirin · 1295· 10mo ago · neutral9

“The profile feels professional, transparent, and data-driven they highlight real-world events,”The profile feels professional, transparent, and data-driven they highlight real-world events, market sentiment, and insights for traders who want to speculate on political, economic, and social outcomes. Overall, it’s a reliable resource for anyone interested in event markets and the broader prediction-market ecosystem.

FireCat · 1281· 10mo ago9

“Ambiguous opinion”On the one hand, I am against gambling, and there is already enough of it in crypto, but on the other hand, I understand that there is a high demand for such projects. I follow Kalshi and their competitor Polymarket because they are the largest projects in crypto today and their growth is impressive. I am curious to see where this will lead.

Retro Droper · 1217· 11mo ago · neutral9

“prediction pundits”with the long solid history the project has and the innovations it has added to the space, says a lot about much of a potential the project / team behind the project have. prediction market is a very speculative and hot narrative right now and with the concept kalshi is implementing further proves how valuable it is and this is the kind of innovative ideas / products that drives more adoption of the entire web3 space. prediction market is absolutely not a short lived narrative because of its use case both here in web3 and the web2 aspect. kalshi really has the potential to take the prediction market level to the next level and i'm positioned for it

CoasT🫥 · 1358· 1y ago9

“?”The ambiguity between prediction markets vs gambling Critics have noted that Kalshi's interface, marketing, and the way contracts are sold sometimes resemble those of sportsbooks. For example, the use of words similar to "bet" in advertising campaigns, or the display of odds in a sportsbook style, can be confusing or misleading to users.

majezic · 1239· 1y ago · neutral9

“Kalshi looks stronger than Polymarket”Объясняю почему: 1) Prop-беты на спорт, приносящие огромные доходы даже традиционным букмекерам. Условно обычные букмекерские конторы должны иметь одобрение в каждом штате, где они работают. Kalshi же обладает разрешением в каждом штате без лицензии на спорт-беттинг (об этом позже). Благодаря этому комиссии значительно меньше, а ликвидность больше. 2) Интеграции везде, где только можно. Интеграция в Robinhood была хорошим решением. Как по мне, предикшн-маркеты развиты настолько, на сколько это возможно на данный момент. Дело идет за интеграциями и правильным внедрением в жизнь обычных людей. 3) Поддержка слабых ММ'ов, которые скромными командами могут зарабатывать огромные деньги, обеспечивая платформу ликвой. 4) Саппорт экосистемных аппов Kalshi. К примеру, недавно они поддержали Likely (поиск арбитража) деньгами. Они и не забывают про небольшие разработки по типу Kalshi extension в Twitter. Единственная проблема, которая у них есть, это регуляция. Штат Массачусетс подал на них иск, так как они предоставляли ставки без лицензии. Мне кажется, это решится, особенно учитывая то, что у них в команде адвайзер Trump Jr (протекция от всего). И есть мини-проблемка в виде регистрации через US-документы, но US — самый платящий рынок, поэтому тут 50/50. Что могу сказать точно — здоровая конкуренция ведет к инновациям...

Denjuan · 1213· 1y ago9

“testing the future”Using Kalshi is genuinely exciting. I recently predicted the outcome of a real-world event and felt a rush watching the market react in real time. Every trade teaches me something new about patterns, trends, and human behavior, and the platform’s clarity makes me confident in experimenting with different ideas. I enjoy reflecting on my predictions and learning from every result. Kalshi makes forecasting feel personal, rewarding, and deeply engaging, and I find myself looking forward to exploring new events every day.

Dawn Francisco π² · 1186· 1y ago9

“Interesting Idea, But Risky in Practice”Kalshi caught my eye because the concept of trading on real-world events is pretty unique. The fact that they’re regulated by the CFTC makes it sound legit, but once you dig deeper, there are some serious concerns. A lot of users complain about slow or stuck withdrawals, confusing contract rules, and low liquidity on many markets, which makes it hard to trade without losing money on slippage. There’s also the big regulatory cloud hanging over them some states are already pushing back, treating their event contracts more like gambling. On top of that, I’ve seen reports of rules being adjusted mid-game, which really kills trust. Overall, Kalshi is an innovative idea, but with all the uncertainty and risks, it feels more like an experiment than a reliable trading platform.

evelin.xvi · 1200· 1y ago · negative9

“Lo que debes saber de Kalshi”Kalshi es una fuente confiable y regulada para seguir mercados de predicción en eventos económicos, políticos y deportivos, con aportes significativos como contratos innovadores, integración con IA (Grok) y una victoria legal contra la CFTC. Su contenido es ideal para traders e inversores interesados en Web3 y SocialFi, pero su naturaleza especulativa y limitaciones regulatorias requieren precaución. Seguir esta cuenta es valioso para mantenerse al tanto de tendencias y oportunidades de trading, pero complementa su información con investigación propia

DonCharro/TheRockCharro · 1212· 1y ago · neutral9

“Who is willing to undergo verification? This is a solid product with fund protection and low risks.”@Kalshi is an excellent player in the prediction market, making event bets available to everyone. I actively participate on the platform and appreciate its CFTC regulation, simple yes/no interface for politics, sports, economics, and even weather, as well as its growing volumes, recently reaching $1 billion with an estimated value of $11 billion, with an accuracy rate higher than Polymarket in 78% of markets. I have been participating for several weeks, and I find the interface intuitive, the payouts quick, and the markets diverse. It is ideal for testing ideas without the risk of cryptocurrencies.

Тanata🧡,💙«(✸,✸)».ink🍊 , · 1230· 10mo ago11

“Criticism & Risks of Kalshi”1. Regulations and legal status are not always clear in all regions. Although Kalshi is regulated by the CFTC as a Designated Contract Market , some states in the US consider that some types of contracts offered — particularly those related to sports — could be categorized as gambling and require local licensing. Business Insider There have been cases where state authorities have issued cease-and-desist orders to stop Kalshi operations within their jurisdictions. Massachusetts sued Kalshi for allegedly running an illegal sports wagering operation in the state. Reuters 2. The ambiguity between prediction markets vs gambling Critics have noted that Kalshi's interface, marketing, and the way contracts are sold sometimes resemble those of sportsbooks. For example, the use of words similar to "bet" in advertising campaigns, or the display of odds in a sportsbook style, can be confusing or misleading to users. There are concerns that due to the “yes/no” and “binary outcome” nature of event contracts, the risk of gambling addiction or significant losses may be higher, especially if there is no education or restrictions for users. 3. Low liquidity and transaction costs Many users report that some markets/contracts on Kalshi have low liquidity, which means it is difficult to open or close positions at a “fair” price — large slippage can occur . Fees and spreads are in some cases considered quite high compared to potential profits, especially for small traders or markets with few participants. 4. Dependence on regulation – changes can be detrimental to users Because Kalshi's activities are highly dependent on regulatory status at various levels (federal vs. state), new legal or regulatory decisions could change access, the types of markets allowed to sell, the minimum age of users, or even halt operations in a region. Users may experience immediate impacts: accounts frozen (held), withdrawals delayed due to identity or compliance verification procedures, or contracts closed/changed due to regulations. 5. Lack of transparency / user complaints There have been reports from users that contracts sometimes change while the market is still running, or that contract terms are changed suddenly. This can be detrimental if the changes affect the expected outcome. JustUseApp Customer service is sometimes perceived as less than responsive by some users. Some reviews also mention "glitches" or technical issues with the app, including transactions or cash flows that don't meet expectations.

さつまいも · 1210· 1y ago · negative11

“My information plug”To get the latest breaking news i bank on Kalshi, informed and reliable, and fast

Magik · 1277· 1y ago15

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