Kalshi Promo Code February 2026

Kalshi Promo Code Details

Cole Rush Gaming Specialist

Kalshi Promos in February 2026

Kalshi offers a handful of prediction market incentives for existing players, even after the welcome bonus has been used.

• Liquidity Incentive Program: Earn rewards for adding liquidity to certain markets (ideal for high-volume traders).
• Volume Incentive Program: Earn cashback rewards based on how much you trade.
• Referral Bonus: Send a friend your referral link. When they sign up and trade at least $10, you’ll get a $10 bonus.
• Seasonal Promotions: Keep an eye out for timely bonuses and incentives. For example, you might see special prices on Super Bowl markets at Kalshi around January/February.

How do the Kalshi Prediction Markets Work?

Kalshi is a prediction markets site, which means it’s fundamentally different from a sportsbook or online casino, as you’re trading on markets. It actually functions more like a financial exchange.

Kalshi offers “Event Contracts” prices from $0.01 to $0.99 apiece. The simplest form of an event contract is Yes/No. Each side will have its own price representing the perceived likelihood of that outcome. For example, “Will the Houston Texans beat the Pittsburgh Steelers?” might have a Yes contract priced at $0.60 and a No contract priced at $0.40. You can buy contracts at that price (buying multiple is allowed) to win $1 per contract if your chosen outcome is successful.

Two key things to know that make Kalshi and prediction markets different from traditional betting:

1. You can sell your contracts before the event occurs, sometimes garnering a profit.
2. Prices change as news releases and other traders buy contracts.

Kalshi offers far more than sports contracts, too. In fact, it’s one of the biggest prediction market platforms operating now, especially compared to Polymarket, and it has incredible market depth. You can trade on politics, culture, cryptocurrency, pop culture, business, and more.

What Markets Can You Trade on Kalshi?

Kalshi is chock-full of markets spanning many categories. Here are some of the most popular categories you’ll find on the site.

• Politics: Kalshi offers contracts on political outcomes and news, such as Supreme Court nominations, election results, and more.
• Sports: Trade on sporting events such as NFL games, soccer matches, hockey, tennis, golf, etc.
• Culture: Contracts are available for top Netflix shows in a given week, awards shows like the Oscars, and other elements of pop culture.
• Crypto: Trade on potential crypto outcomes, such as Bitcoin’s value peaking or how high Ethereum’s value will reach this year.
• Climate: Kalshi has city-specific markets like “Will it rain in NYC today?” or “Highest temperature in Chicago today.” Larger-scale weather events are also offered.
• Economics: Trade on outcomes like the federal interest rate or GDP growth.
• Financials: Kalshi offers stock market predictions, including whether companies will be added to the S&P 500 or what the NASDAQ close price will be at the end of a certain time period.

Kalshi App Review

Kalshi is designed to work on desktop devices and mobile devices. The Kalshi app (called “Kalshi: Sports, Culture & More” in the iOS App Store) is available for Apple and Android devices in the App Store and Google Play, respectively.

After just a few minutes with the Kalshi app, we determined that it was well-optimized for mobile users and designed with them in mind. Markets were displayed cleanly. Trading was a breeze. Depositing was especially easy with a connected card on Apple and Google Pay.

Is Kalshi and Prediction Markets Legal?

On the whole, Kalshi is currently legal under federal law. This is because it operates as a US Commodity Futures Trading Commission-regulated exchange. The classification lets Kalshi operate its event contracts in the US. Think of it like a sort of stock exchange.

However, there are important caveats to note. Various states have issued cease-and-desist letters to Kalshi and other prediction market operators. The majority of these letters state that Kalshi’s sports-related contracts constitute illegal sports betting and violate US gambling laws.

This has resulted in Kalshi exiting a handful of states, including the following: AZ, AR, IL, LA, MD, MA, MI, NV, OH, CT, MT, and NJ.

Legal battles are ongoing. Kalshi, as one of the top prediction market operators, is at the heart of these fights. This means the landscape and regulation could change drastically. Stay tuned.

Kalshi Alternatives

Kalshi is easily one of the best prediction sites out there, but plenty of alternatives exist. If you’re looking for something specific in a predictions site, these separate options may scratch that particular itch.

Kalshi Banking and Payment Methods

Kalshi has a short but strong list of accepted payment and withdrawal methods, including many popular and widely used services. The list includes bank transfer, debit card, cryptocurrency, wire transfer, Apple Pay, and Google Pay. Let’s dive deeper into the minimums, fees, and processing times.

Kalshi Promo Code Terms and Conditions

Ready to sign up for Kalshi and claim your $10 bonus? Here are the terms and conditions to know. Overall, they’re pretty friendly, with only a few elements that could pose obstacles.

• New Customers Only: You can only claim this bonus if you’re new to Kalshi. Existing users have access to other bonuses, but the welcome bonus isn’t available to them.
• Age and Identity Verification: You need to confirm you are 18 or older (21+ in some states) and have a valid US ID to trade at Kalshi.
• Allowed Jurisdictions: You must be in a state that has not prohibited Kalshi.
• Deposit and Trade Requirement: Deposit at least $1 to start the welcome bonus. From there, trade at least $100 within your first 30 days. Once you’ve done that, you’ll get the $10 credit.

Keeping these things in mind will make your Kalshi welcome bonus experience smooth from start to finish.

Kalshi Customer Support

Kalshi’s customer support is streamlined into a single chat interface. You can access it from the main hamburger menu in the “Kalshi support” dropdown. It also listed a message stating that Kalshi’s support team is 100% human-run, with no AI chatbots. As a result, response time was listed as typically under one hour, but we found it to be occasionally longer, depending on volume.

Separately, Kalshi has an FAQ page and a Help Center. The FAQ page is good, overall. It covers high-level questions and compares Kalshi’s compliance rules to typical sportsbooks. The Help Center is where things really get good. It is a robust, encyclopedic database of questions by category.

Kalshi Promo Review Summary

Kalshi is among the biggest names in prediction markets and event contracts for a good reason. The welcome bonus is a nice touch; new players get $10 in credit after trading at least $100 in their first 30 days. Beyond that incentive, Kalshi has a great app, tons of market variety, and ongoing rewards.

Further, Kalshi has strong customer support and a detailed help center. It’s ideal for beginners who may need some help learning the ropes, while trading experts can navigate the site without any issues.

The simple truth? If you want to trade on future outcomes, it’s hard to do much better than Kalshi.