Kalshi, a regulated exchange for trading event contracts, provides users with multiple options to deposit and withdraw funds, including cryptocurrencies like USDC (USD Coin). Utilizing crypto for transactions on Kalshi offers benefits such as immediate funding and higher deposit limits, enhancing your trading experience. Understanding the processes, limits, fees, and processing times associated with each method is essential for efficient fund management.

Depositing Funds on Kalshi

Kalshi supports several deposit methods, each catering to different user needs:

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Crypto (USDC) Deposits:
- Advantages:
  - Immediate Funding: Depositing with crypto allows for immediate access to your funds, enabling you to participate in trades without delays associated with traditional banking methods.
  - Higher Limits: Benefit from high deposit limits, accommodating larger transactions and facilitating significant market participation.
- Process:
  1. Select Deposit Method: Log in to your Kalshi account, navigate to the “transfers” tab, and choose ‘Deposit to Kalshi.’
  2. Choose Crypto (USDC): Select ‘Crypto (USDC)’ as your deposit method.
  3. Enter Deposit Amount: Specify the amount you wish to deposit, up to a daily limit of $50,000.
  4. Follow Instructions: Kalshi partners with Zero Hash for crypto transactions. Follow the provided steps to transfer USDC from your wallet to Kalshi’s platform. Ensure you’re sending USDC; other cryptocurrencies like Bitcoin, Ethereum, or Solana are not accepted.
  5. Confirm and Complete: Review the transaction details and complete the deposit. Successful deposits are available for trading within minutes.
- Fees:
  - Crypto deposits may incur fees charged by Kalshi’s third-party payment processor, Zero Hash. These fees are variable and will be clearly disclosed prior to any transaction.
Bank Transfers:
- Process:
  1. Select Deposit Method: Log in to your Kalshi account, navigate to the “transfers” tab, and choose ‘Deposit to Kalshi.’
  2. Choose Bank Transfer: Select ‘Bank Transfer’ as your deposit method.
  3. Enter Deposit Amount: Specify the amount you wish to deposit, up to a maximum of $10,000 per transaction.
  4. Provide Bank Details: Enter your bank account information to link it with your Kalshi account.
  5. Complete Transaction: Review and confirm your deposit.
- Fees:
  - ACH deposits have no fees associated with them.
- Processing Time:
  - Bank transfers typically take 2 to 4 business days to process.
Debit Card Deposits:
- Process:
  1. Select Deposit Method: Log in to your Kalshi account, navigate to the “transfers” tab, and choose ‘Deposit to Kalshi.’
  2. Choose Debit Card: Select ‘Debit Card’ as your deposit method.
  3. Enter Deposit Amount: Specify the amount you wish to deposit, up to a maximum of $2,500 every 24 hours.
  4. Provide Card Details: Enter your debit card information to complete the transaction.
  5. Complete Transaction: Review and confirm your deposit.
- Fees:
  - There is a 2% fee associated with debit card deposits.
- Processing Time:
  - Debit card deposits are processed immediately, allowing for instant access to funds.

Withdrawing Funds from Kalshi

Kalshi offers multiple withdrawal methods to suit user preferences:

Crypto (USDC) Withdrawals:
- Process:
  1. Ensure Funds Are in Cash Balance: Before initiating a withdrawal, ensure all funds are moved to your ‘cash’ balance within Kalshi. Only funds in this category are eligible for withdrawal.
  2. Navigate to Withdrawals: Go to the “transfers” tab and select ‘Withdraw from Kalshi.’
  3. Choose Crypto Withdrawal: Select ‘Crypto’ as your withdrawal method.
  4. Follow Zero Hash Withdrawal Steps: Kalshi, in partnership with Zero Hash, will guide you through transferring funds back to your wallet address.
  5. Complete Withdrawal: Finalize the transaction. Funds typically arrive in your wallet within 30 minutes.
- Fees:
  - Crypto withdrawals have a $2,500 daily limit with variable fees depending on the amount.
- Processing Time:
  - Immediate withdrawals take up to 30 minutes to reflect in your crypto wallet.
Bank Account Withdrawals:
- Process:
  1. Ensure Funds Are in Cash Balance: Confirm that all funds you wish to withdraw are in your ‘cash’ balance within Kalshi.
  2. Navigate to Withdrawals: Go to the “transfers” tab and select ‘Withdraw from Kalshi.’
  3. Choose Bank Transfer: Select ‘Bank Transfer’ as the withdrawal method.
  4. Select Bank Account: Choose the linked bank account you wish to

Access our full library of Kalshi help articles for more information or read our detailed Kalshi review. You can also jump straight to our list of the best sportsbook promotions for your state.