Kalshi is a regulated exchange that allows users to trade contracts on the outcomes of real-world events, including political elections, economic indicators, and sports events. Whether you’re new to prediction markets or looking to explore Kalshi’s platform, this guide will walk you through the steps to create an account and start trading.
1. Eligibility Requirements
Before signing up, ensure you meet Kalshi’s eligibility criteria:
- Age: You must be 18 years or older.
- Residency: A legal U.S. residential address within the 50 states, D.C., or U.S. territories is required.
- Identification: A valid Social Security Number (SSN) and government-issued identification (Driver’s License or Passport) are necessary.
- Fully regulated by the CFTC.
- Bet everything from political events and economic indicators to cultural phenomena.
- Great app for Begginner bettors
2. Account Creation
To begin the registration process:
- Visit the Sign-Up Page: Navigate to Kalshi’s official website and click on the “Sign Up” button.
- Provide Personal Information: Enter your full name, email address, and create a password.
- Agree to Terms: Review and accept Kalshi’s terms of service and privacy policy.
- Referral Code (Optional): If you have a referral code, enter it during the sign-up process to receive potential bonuses.
3. Identity Verification
To comply with federal regulations:
- Submit Identification: Provide a clear, original copy of a government-issued ID (Driver’s License or Passport).
- Provide SSN: Enter your Social Security Number (SSN). Note that Employer Identification Numbers (EINs) or Individual Taxpayer Identification Numbers (ITINs) are not accepted.
- Residential Address: Ensure your U.S. residential address is accurate, as Kalshi does not accept commercial addresses or P.O. boxes.
4. Account Approval
After submitting your information:
- Review Process: Kalshi’s team will verify your details, typically within 48 hours.
- Approval Notification: You’ll receive an email confirming your account approval. If additional information is needed, instructions will be provided.
5. Deposit Funds
Once approved:
- Access Wallet: Log in to your account and navigate to your wallet.
- Select Deposit Method: Choose from available options such as bank account transfer, Apple Pay, credit card, or cryptocurrency (USDC).
- Enter Amount: Specify the amount you wish to deposit.
- Confirm Transaction: Follow the prompts to complete the deposit.
6. Start Trading
With funds in your account:
- Explore Markets: Browse available event contracts in categories like politics, economics, and sports.
- Place Trades: Select contracts you’re interested in and place your trades.
- Monitor Positions: Keep track of your trades and adjust your positions as desired.
Additional Tips When Signing up for Kalshi
- Referral Bonuses: Kalshi may offer bonuses for referrals. For example, using the promo code ‘COVERS’ during sign-up can provide a $10 bonus after meeting trading requirements.
- Stay Informed: Regularly check your email and Kalshi’s platform for updates on new markets and promotions.
- Compliance: Ensure all information provided is accurate to prevent delays or issues with account approval.
By following these steps, you can successfully sign up for Kalshi and begin participating in event contract trading. Always remember to trade responsibly and stay informed about market developments.
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.
