Kalshi Promo Code INSIDER: Get a $10 Bonus! (February 2026)
| Online Sportsbooks · Kalshi |
Kalshi is a prediction market that allows users to buy and sell contracts on various global events, such as what the president will say, when Grand Theft Auto will be released, and who will win the next US Presidential Election.
Our team of experts has reviewed the Kalshi promo code and answered all your questions below.
Use our Kalshi promo code
NOTE: New users no longer have to make $100 in trades to qualify
In this article, we’ll get into everything Kalshi has to offer, from its event contracts to all the possibilities it offers for trading on the events that shape our world.
Kalshi Promo Code and Bonuses
New users can use promo code Use our Kalshi promo code
Remember: the $10 bonus is available at signup; new users no longer need to make $100 in trades to qualify. Try out the Kalshi promo code Use our Kalshi promo code
What is Kalshi?
Kalshi is a federally regulated prediction market, where users can trade on outcomes of future events in news, markets, politics, culture, and the environment. Founded by MIT graduates Tarek Mansour and Luana Lopes Lara, Kalshi secured regulatory approval from the CFTC in 2020, making it the first designated contract market for event contracts.
If you've ever wondered whether you could trade on real-world events the way people trade stocks, Kalshi offers an answer, and it's a resounding yes. As the first financial exchange approved by the Commodity Futures Trading Commission (CFTC), Kalshi combines the thrill of speculation with the reliability of federal regulation.
Don't get us wrong though: Kalshi isn’t the first prediction market, but it sure is the first to operate as a designated contract market under federal regulation. This is what sets it apart from unregulated platforms and ensures a safer, more reliable trading environment for new traders and old ones.
How to Deposit With Kalshi
- Sign up using our promo code INSIDER to
Trade $10, Get $10! - Your deposit options include using a debit card or crypto.
- If you choose crypto, link your crypto wallet with the Kalshi app. Coinbase is an example of a crypto wallet you can use to deposit crypto to Kalshi.
- You can purchase USDC on Coinbase, which can be used to deposit to Kalshi.
- Be sure to select "Base" network when using Coinbase to make deposits to Kalshi.
How Payments and Fees Work on Kalshi
One important area many bettors overlook is how funds flow into and out of Kalshi, which differs significantly from traditional sportsbooks such as bet365, Fanatics, and BetMGM.
Kalshi currently supports:
- ACH bank transfers for deposits and withdrawals
- No credit cards, PayPal, or prepaid cards
- No instant cashouts: withdrawals typically take a few business days
Because Kalshi is CFTC-regulated, payments are processed more like those on a financial platform than on a sportsbook. That means fewer payment options but also greater transparency into balances and settlement.
Fees are another key difference. Kalshi charges transaction-based fees rather than baking margin into odds. When you use a Kalshi promo code, fee credits can offset these costs early, which is where most of the value for new users comes from.
Kalshi Promo Code vs Sportsbook Promo Codes
Here’s a comparison of the Kalshi signup bonus with those offered by leading sportsbooks.
| 🏈 Kalshi | 🟢 bet365 Bonus Code | 🏁 Fanatics Sportsbook Promo | 👑 DraftKings Promo Code | 🦁 BetMGM Bonus Code | 🏛️ Caesars Sportsbook Promo Code | |
|---|---|---|---|---|---|---|
| 💰 Signup Bonus | ||||||
| ⭐ Promo Code | Use our links! | |||||
| 💳 Minimum Deposit | $100 | $10 | $10 | $5 | $10 | $1 |
| ⏱️ Days to Use | N/A | 7 | 7 | 7 | 7 | 14 |
Why Choose Kalshi?
- Legal Assurance: Backed by the Commodity Futures Trading Commission, ensuring all trades are above board.
- Diverse Market Options: Speculate on politics, pop culture, weather, and more.
- Minimum-Risk Trading: You only lose what you put into a trade! No debt, no surprises.
- 10/10 Security Measures: There's a two-factor authentication when signing into the account and upon sign-up, makig sure the whole process is thoroughly secure.
- Customer Support: Currently, Kalshi offers support via email and web forms.
Whether you’re a pro trader or just a beginner, Kalshi’s user-friendly trading platform ensures everyone can participate. But, how exactly can you trade on real world events?
Kalshi Refer-A-Friend Program
Kalshi offers users a refer-a-friend program, similar to other products. In order to claim this bonus, users only have to do the following:
- Invite friends: share your link with your friends and earn up to $1,000.
- Your friend trades: Your friend will need to create an account using your link and trades a certain amount (different for each user).
- Claim your bonus: Once your friend meets the trading requirements, you and your friend will receive your bonus.
Our full breakdown of the Kalshi refer-a-friend program goes in-depth on this incentive.
What Markets are Available on Kalshi?
Users are able to buy and sell contracts on just about anything, but here are a few markets that you can trade contracts on:
- Kalshi trading on the government shutdown
- Kalshi trading on Taylor Swift markets
- Kalshi trading on Rotten Tomatoes
Markets also include what announcers will say during football games, how many rate cuts will occur this year, and who will win the New York City Mayoral Election. The opportunities are endless on Kalshi.
How Does Trading Work on Kalshi?
The concept of trading on Kalshi is pretty simple. Imagine you’re trading on whether the federal interest rate will increase next quarter.
- Yes Contract: Priced at $0.70
- No Contract: Priced at $0.30
If you buy a "Yes" contract for $0.70 and your prediction is correct, you’ll earn $1, giving you a profit of $0.30. This setup mirrors traditional commodity futures trading, which encourages users to make informed predictions based on market trends and current events. Like any other financial marketplace, it's all about finding hidden value and taking advantage of market perceptions.
Getting Started: The Kalshi Sign-Up Process
Ready to
- Sign Up: Visit the website or download the app.
- Verify Your Account: Secure your account with two-factor authentication (you’ll need to confirm your phone number and birthdate).
- Be sure to use our Kalshi promo code INSIDER to
Trade $10, Get $10! - Deposit Funds: Use a bank account, Apple Pay, credit card, or crypto.
- Place Trades: The $10 bonus is available at signup; new users no longer need to make $100 in trades to qualify.
Kalshi’s modern, minimalist design was done to create a seamless onboarding process (regardless of previous experience), so you can start trading in minutes.
Diving Into Kalshi’s Markets:
One of Kalshi’s standout features is its wide options of markets. Whether you’re into politics, the pop industry, or weather predictions, there’s something for everyone. Let's see which ones the platform offers:
Political Markets
Politics is one of Kalshi’s most popular areas. From election results to policy decisions, traders can speculate on events that shape the nation. The U.S. CFTC (Commodity Futures Trading Commission) and Kalshi have battled back and forth in federal court over whether the event contracts offered on the trading platform affect election outcomes. At the time of this piece, Kalshi continues to operate legally and has no plans to stop offering traders the opportunity to trade on election outcomes.
Kalshi's New CNN Partnership
CNN is partnering with prediction market leader Kalshi to enhance its news coverage with real-time probability data. Kalshi users trade on outcomes ranging from elections to weather, creating market-based forecasts that have proven highly accurate.
Through this deal, CNN's Harry Enten will tap into Kalshi's data for his analysis, a new live ticker will display prediction market information during broadcasts, and CNN's newsroom will have full access to Kalshi's platform for story development.
Pop Culture Speculation
If you’re more interested in entertainment, Kalshi has you covered. With the platform, you can predict outcomes like award winners, box office hits, or even Rotten Tomatoes scores. For example, Kalshi was a great place to take advantage of the Taylor Swift ERAS tour.
Dozens of markets were offered around the record-breaking world tour, including the number of stops, length of shows, surprise song releases, and attendance numbers. You could even speculate on which shows Travis Kelce was attending!
Sports-Adjacent Events
You can trade on sports events at Kalshi, as well as trade on sports-adjacent events. For example:
- Will the Super Bowl halftime show last over 15 minutes?
- What brand will air the most commercials during the big game?
- Who will win the NFC?
- Who will be the Pro Football Champion?
To trade on sports with Kalshi, you need to be at least 18 years old and live in a U.S. state, territory, or Washington D.C. where Kalshi is allowed. Although Kalshi follows federal regulations and views its platform as legal in all 50 states, some states see things differently. As a result, Kalshi is no longer available in Arizona, Illinois, Massachusetts, Maryland, Michigan, Montana, New Jersey, and Ohio.
Kalshi is currently pushing back, arguing that its markets are federally regulated financial products, aka not gambling, and shouldn’t fall under state gaming laws.
Kalshi Pro Basketball Champion Trading Odds
Here are the current trading odds if you buy Pro Basketball Champion contracts on Kalshi:
| 🏈 Team | Odds |
| Oklahoma City | 40% |
| Denver | 12% |
| San Antonio | 12% |
| Detroit | 9% |
NBA Game Predictions
Below are the Kalshi predictions for an upcoming NBA game!
Updated February 2026 - Prediction Odds Provided by Kalshi - Subject to Change
| Team | Option 1 | Option 2 |
|---|---|---|
| Philadelphia | Yes: 57¢ | No: 45¢ |
| Miami | Yes: 45¢ | No: 56¢ |
So, Can I Trade on the Super Bowl on Kalshi?
The Super Bowl is one of the biggest trading events in the world, as even the most risk-averse folks place a prediction on the Big Game. Kalshi is a prediction market, and you can make predictions on many sports markets, including the Super Bowl, NBA finals, and much more!
For example, do you want to speculate which songs will be played at the Super Bowl? Do you want to make guesses on who will be part of Kendrick Lamar's halftime show? What companies will be advertising during the Super Bowl? All of these questions are market-based opportunities on Kalshi.
Kalshi and Robinhood Partner for Super Bowl LIX
Kalshi partnered with the financial services company Robinhood in 2025, allowing platform users to use their brokerage accounts to trade on who they think would win Super Bowl LIX. That was paused at one time after the CFTC requested so from Robinhood.
Robinhood had previously made waves in 2024 for showing interest in joining the world of sports event trading.
Kalshi Legal Framework & 2026 Timeline
The legal status of Kalshi has shifted more in the last six months than in the previous three years combined. As of February 26, 2026, the platform is operating under a landmark federal "preemption" theory that distinguishes its event contracts from traditional sports wagering.
The most significant recent victory occurred on February 19, 2026, when Judge Aleta Trauger of the U.S. District Court for the Middle District of Tennessee granted Kalshi a preliminary injunction. The court ruled that Kalshi’s sports event contracts are legally "swaps" under the Commodity Exchange Act (CEA). This is a massive SEO "freshness" signal because it effectively blocks state gaming councils from treating Kalshi like a sportsbook. The ruling suggests that because Kalshi is a Designated Contract Market (DCM) overseen by the CFTC, federal law preempts state-level gambling bans.
This "Federal vs. State" tug-of-war is the defining feature of the 2026 prediction market landscape. While states like Massachusetts and Nevada have recently seen more restrictive lower-court rulings, the Tennessee injunction provides a blueprint that Kalshi is now using as "supplemental authority" in active lawsuits in Utah (filed Feb 23) and Maryland. For users, this means that while traditional sports betting apps may be geofenced in your state, Kalshi’s "Event Contracts" may remain legally accessible because they are classified as financial derivatives.
Kalshi Key Legal Milestones: 2024–2026
- September 2024: Kalshi wins a historic District Court case against the CFTC, allowing the first-ever regulated Congressional Election Markets in the U.S.
- January 2025: Kalshi expands into Sports Event Contracts, triggering immediate cease-and-desist letters from state gaming boards in NV, NJ, and MD.
- November 2025: A California judge rules that Kalshi contracts are not "bets or wagers" under the UIGEA, shielding the platform from federal illegal gambling statutes.
- January 20, 2026: Massachusetts Superior Court issues a preliminary injunction against Kalshi, requiring a state license—a ruling Kalshi is currently appealing.
- February 17, 2026: The Trump Administration, via the CFTC, formally declares "exclusive jurisdiction" over event contracts, signaling federal support for the platform.
- February 19, 2026: Tennessee Federal Court grants a preliminary injunction, ruling that sports contracts are "swaps" and protected from state interference.
- February 24, 2026: A critical hearing in the Ninth Circuit regarding Nevada’s attempt to remand Kalshi’s litigation to state court.
Taxes and Financial Regulation
Because Kalshi is a regulated financial exchange, users must report earnings as capital gains. Luckily, the platform provides tax forms like 1099-INT and 1099-MISC, making it easier to comply with IRS guidelines. We recommend you consult a tax professional to develop a strategy that works for your trading habits.
What’s Next for Kalshi?
As prediction markets gain mainstream attention, Kalshi is well-positioned to lead the charge. We believe that its approach to trading on real-world events could inspire similar platforms to come up, expanding the concept into new areas like global media or online marketing.
Final Thoughts on the Kalshi Promo Code
Kalshi isn’t just a platform; is the canary in the coal mine for the future of speculative investing.
With its ease of use and ability to bring speculative investing to new markets like pop culture and current events, Kalshi opens up new possibilities for traders, bringing prediction markets out of the unregulated blockchain world and into the light.
If you’re ready to get into event-based trading, Kalshi is the perfect place to start. Create an account with our Kalshi promo code INSIDER and start trading today on the most popular markets.
FAQs about Kalshi Promo Code
Need quick, actionable information about the Kalshi platform? This section will help you out.
Does Kalshi offer traditional sports betting odds?
No. Kalshi does not offer spreads, moneylines, or parlays. All markets are structured as event-based contracts that settle at $1 or $0.
What is crypto?
Crypto is a decentralized digital currency that operates on a computer network. Crypto allows users to exchange funds with other digital users without the need for traditional financial exchange.
Is Kalshi legal in the U.S.?
Yes, Kalshi is 100% legal and regulated by the U.S. Commodity Futures Trading Commission. It is a regulated marketplace where users can trade contracts with confidence, much like the NASDAQ and other regulated financial markets.
How do you make money on Kalshi?
Like other regulated financial markets, Kalshi users make money on the platform by buying and selling event contracts, which are priced based on the likelihood they will happen. The goal is always to buy low and sell high!
Does Kalshi have an app?
There is a highly rated Kalshi app for both Android and iPhone. You can create your account there or on its website.
Is there a Kalshi Promo code?
New users can claim a $10 bonus with code INSIDER! The $10 bonus comes at signup; new users no longer have to make $100 in trades to qualify.
Does Kalshi have sports trading?
Kalshi does offer sports markets. It does not work quite like a sports book since it is market-driven, but you can wager on sports markets.
What happens if I do not use my Kalshi promo code credits?
Promo or fee credits usually expire after a set period. If they are not used before expiration, they are removed from your account and cannot be recovered.
How to get free money on Kalshi?
The most common way to obtain trading credits is to use a Kalshi promo code when you register and fund a new account, like this one:
Does Kalshi have a deposit bonus?
Kalshi does not function like a traditional sportsbook, which offers large deposit matches or requires rollover conditions. Instead, new user incentives are usually structured as trading credits or small bet-and-get style promotions, like this promo code:
How to avoid fees on Kalshi?
Kalshi charges fees based on contract settlements and trading activities. While it is not possible to completely avoid fees, you can minimize costs by trading in high liquidity markets, avoiding excessive short-term flipping, and carefully reviewing the fee structure before placing trades.
Does Kalshi pay out immediately?
Profits from resolved contracts are typically credited once the market officially settles. Withdrawal processing times depend on your payment method and verification status, but funds are not released immediately when a contract resolves.