Kalshi Refer-A-Friend Program: Earn up to $500 per Referral

Dylan Wilkerson Sports Betting Expert

6 minute read

Kalshi has established itself as a premier destination for event trading, offering a unique platform where users can trade on the outcomes of real-world events. From economic indicators and political milestones to entertainment awards and weather patterns, Kalshi provides a regulated environment for those looking to capitalize on their knowledge of current affairs.

To help grow its community of traders, the platform offers a robust Refer-a-Friend program. This initiative allows current users to earn rewards for introducing new participants to the world of event contracts.

Don't want to wait on your friend to make their trades? Click the module below and use our Kalshi promo code INSIDER to Trade $25, Get up to $500!

_{Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information. Not available in AZ, IL, MA, MD, MI, MT, NV, OH, and WA.}

Updated on 8/19/26

Kalshi

Trade $25, Get up to $500!

Bonus Code

INSIDER

Claim Now!

Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information. Not available in AZ, IL, MA, MD, MI, MT, NV, OH, and WA.

How the Kalshi Referral Bonus Works

The Kalshi Refer-a-Friend program is designed to be a "win-win" for the community. When you invite a friend to the platform using your unique link, both you and your friend are eligible for a reward once the necessary requirements are met. The best prediction market apps offer refer-a-friend programs, and Kalshi is no different.

Step-by-Step: How to Refer a Friend

Getting started with the Kalshi referral program is straightforward. Follow these steps to begin sharing your link:

1. Log In: Access your verified Kalshi account via the web or mobile app.
2. Find Your Link: Navigate to your account settings or the "Invite Friends" tab in the main menu.
3. Share: Copy your unique referral link. You can send this directly via text, email, or share it across your social media profiles.
4. Friend Signs Up: Your friend must use your specific link to create their account and complete the identity verification (KYC) process.
5. Requirement Met: Once your friend transacts at least $25 on the Predictions product within 7 days of opening their account (and provided you have also traded at least $25 on Predictions), both accounts independently become eligible for a variable bonus credit of up to $500.

You can use this bonus to trade on anything from the Super Bowl to the Survivor Season 50 Winner.

Understanding the Trading Requirements

Unlike traditional promotional offers, Kalshi’s referral reward is tied to trading volume. For the bonus to trigger, your friend does not need to win their trades; they simply need to participate in the market. Once they have traded a total of $25 worth of contracts on the Predictions product within 7 days of account opening (e.g., buying 50 contracts priced at $0.50 each), the variable reward is unlocked.

Terms and Conditions to Keep in Mind

While Kalshi is a federally regulated exchange, there are specific guidelines to ensure you receive your rewards:

• State Availability: Kalshi is available in most U.S. states. However, the referral program and platform access may be restricted in AZ, IL, MA, MD, MI, MT, NV and OH.
• Verification (KYC): To comply with CFTC regulations, both the referrer and the referred friend must have fully verified accounts, including a valid U.S. ID.
• Bonus Credit & Withdrawal Rules: Bonus credits cannot be withdrawn immediately and must be used to place trades on the Predictions product. However, bonus credits may be withdrawn after you have traded an amount equal to the bonus credits received.

Why Trade on Kalshi?

Kalshi is not a sportsbook; it is a designated contract market (DCM) regulated by the Commodity Futures Trading Commission. This means:

• Transparency: You are trading against other market participants in an open exchange.
• Variety: Trade on everything from Federal Reserve interest rate hikes to the box office performance of the latest blockbuster.
• Flexibility: You can exit your positions early if the market moves in your favor, allowing for active portfolio management.

Ready to start building your trading capital? Head to your Kalshi dashboard today to find your referral link and start inviting your network to the leading regulated prediction market in the U.S. Kalshi is unique because it operates in contract prices rather than traditional american moneyline odds. If you want to convert a contract price to american odds, you can use our free prediction market odds converter.

Dylan Wilkerson

Dylan Wilkerson has over 5 years of experience reporting and analyzing the sports betting industry for various sites. His portfolio includes work for SportsHandle and Action Network, in addition to VegasInsider. His favorite sports are the NFL, College Football, The PGA Tour, the LIV Tour, and Cricket. Dylan has a broad and deep understanding of various sports-related topics. More from Dylan Wilkerson