Kalshi is a regulated exchange that enables users to trade contracts on the outcomes of real-world events, including political elections, economic indicators, and sports events. To participate in trading, you’ll need to fund your Kalshi account. This guide provides an in-depth overview of the various deposit methods available, their processing times, fees, and best practices to ensure a smooth funding experience.

1. Bank Account Deposits (ACH Transfers)

Depositing funds from your bank account via Automated Clearing House (ACH) is a secure and commonly used method:

• Link Your Bank Account: In your Kalshi profile, navigate to the ‘transfers’ section and link your desired bank account by providing the necessary routing and account numbers.

• Initiate Deposit: After linking, select ‘add funds’ and choose ‘bank account’ as your deposit method. Enter the amount you wish to deposit and confirm the transaction.

• Processing Time: Bank deposits typically take 3-5 business days to clear and reflect in your Kalshi account balance.

• Deposit Limits: ACH deposits are subject to Kalshi’s deposit limits, which may vary based on account verification status and other factors. It’s advisable to check your account’s specific limits.

• Fees: Kalshi does not charge additional fees for ACH deposits; however, your bank may impose its own fees for ACH transactions.

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2. Debit Card Deposits

Kalshi supports instant deposits via debit card, providing a quick funding option:

• • Link Your Debit Card: Add your debit card details in the ‘transfers’ section of your Kalshi profile.

  • Initiate Deposit: Select ‘add funds’ and choose ‘debit card’ as your deposit method. Enter the amount you wish to deposit and confirm the transaction.

  • Processing Time: Deposits via debit card are processed instantly, allowing you to start trading immediately.

3. Cryptocurrency (USDC) Deposits

For users familiar with cryptocurrency transactions, Kalshi accepts deposits in USDC, a stablecoin pegged to the U.S. dollar:

• Select Deposit Method: Choose ‘Crypto (USDC)’ in the ‘add funds’ section on Kalshi.

• Initiate Deposit: Follow the instructions provided by Kalshi’s payment processor, Zero Hash, to deposit USDC. Ensure you’re sending USDC and not other cryptocurrencies like Bitcoin, Ethereum, or Solana.

• Processing Time: Crypto deposits are typically processed instantly, allowing immediate trading.

• Deposit Limits: You can deposit up to $500,000 via cryptocurrency.

• Fees: Crypto deposits may incur fees charged by Kalshi’s third-party payment processor, Zero Hash. These fees will be clearly disclosed prior to the transaction.

4. Wire Transfers

Kalshi accepts wire transfers for funding accounts, suitable for larger deposit amounts:

• Initiate Wire Transfer: Contact your bank to initiate a wire transfer to Kalshi’s designated account.

• Processing Time: Wire transfers are typically processed within 1-2 business days.

• Deposit Limits: Wire transfers allow for larger deposit amounts, subject to Kalshi’s policies.

• Fees: Kalshi does not charge additional fees for wire deposit transfers; however, fees may vary depending on your bank’s policies.

5. Apple Pay Deposits

To enhance user convenience, Kalshi offers Apple Pay as a deposit method:

• Link Apple Pay: Ensure your Apple Pay account is set up on your device and linked to your preferred payment method.

• Initiate Deposit: Select ‘add funds’ and choose ‘Apple Pay’ as your deposit method. Enter the amount you wish to deposit and confirm the transaction using Face ID, Touch ID, or your device’s passcode.

• Processing Time: Deposits via Apple Pay are processed instantly, allowing immediate trading.

• Deposit Limits and Fees:

  • Daily Limit: A maximum of $2,500 can be deposited via Apple Pay per day.
  • Processing Fee: A 2% fee is applied to each Apple Pay deposit.

Additional Considerations

• Deposit Availability: Be aware that deposits made using a debit card become available for withdrawal 3 days following the transaction date.

• Deposit Processing Times: Consider the processing times of each deposit method to ensure funds are available when needed. For instance, ACH transfers may take 3-5 business days, while wire transfers are typically processed within 1-2 business days.

• Account Verification: Ensure your Kalshi account is fully verified to avoid delays in processing deposits.

• Regulatory Compliance: Kalshi complies with federal regulations, and all deposits are subject to standard financial security protocols.

• Deposit Fees: Be aware of any fees associated with your chosen deposit method, such as the 2% fee for debit card deposits and potential