Kalshi: Bet on the Election

Kalshi: Bet on the Election

By KalshiEX LLC

  • Category: Finance
  • Release Date: 2022-09-16
  • Current Version: 9.5.38
  • Adult Rating: 17+
  • File Size: 96.07 MB
  • Developer: KalshiEX LLC
  • Compatibility: Requires iOS 13.0 or later.
Score: 4.5
4.51955
From 793 Ratings

Description

Kalshi is the ONLY regulated American prediction market that allows you to trade/predict Donald Trump vs Kamala Harris. The biggest market of the year, only at Kalshi! Plus you can trade the Presidential Election result for each state; from California and Florida to the Swing States. And Kalshi isn't just for the 2024 Election. You can trade over 300 other markets, including finance, economics, weather, and more. Make money 24/7 on the simplest and fastest markets out there! ELECTION 2024 Trump vs Harris is the biggest prediction market of 2024. 270 to win! And Kalshi is the ONLY legal and regulated market in the US! FINANCIALS Daily S&P500, Nasdaq-100, Forex (EUR/USD, USD/JPY), WTI oil POLITICS Debt crisis, Biden approval rating, Court cases, Government shutdown ECONOMICS Fed interest rates, Inflation (CPI), GDP, Recession, Gas prices, Mortgage rates CLIMATE Hurricane strength, Daily temperature in many cities, Tornado numbers CULTURE Billboard 100, Oscars, Grammys, Emmys, Bud Light sales COLLECTIBLES AND GAMES Watch prices, shoes prices, GTA6 Release date HOW KALSHI WORKS Kalshi is the first regulated exchange where you can buy and sell contracts on the outcome of events. For example, NASA announced a manned mission to the moon. Contract prices reflect the view of traders as to the chances of the event happening. You think it's going to happen, so you buy contracts for it. Contracts cost between 1¢ to 99¢, and can be sold at any time. At close, each contract is worth $1 if you’re right. HOW IS KALSHI REGULATED? Kalshi is federally regulated as a Designated Contract Market (DCM) by the Commodity Futures Trading Commission (CFTC). LedgerX LLC is a CFTC regulated clearinghouse that provides clearing services for Kalshi. The clearinghouse holds members funds and clears trades. TRADE YOUR CONVICTIONS Find markets that align with your interests and opinions. For example, if you think a recession is coming, trade recession and S&P markets. You can finally put your money where your mouth is. REDUCE FINANCIAL RISK Hedge against events that might affect your finances. For example, if you hold stocks, trade Fed and inflation markets to protect your portfolio. KASHI VS. STOCKS Event contracts are more direct. You trade on the outcome of an event, not the future price of a stock. This means your profits are not tied to the company’s performance. No pattern day trading restrictions. You can trade as much or as little as you want, whenever you want. This gives you more flexibility to manage your risk. In stocks, you can be right and still lose money. The price of a stock is not always based on fundamentals. Other factors, like news or market sentiment, can also affect it. KALSHI VS. OPTIONS Event contracts are simpler. Options are complex instruments with many factors that affect their price, making them difficult to predict. Free from time decay. Contract prices reflect the view of traders as to the chances of the event happening, while options lose value over time even if the underlying asset doesn't change in price. HOW MUCH MONEY DO I NEED TO START? You can open and maintain a Kalshi account for free. Our markets require less capital than others, making them a great way to diversify your investments without risking too much. ADVANCED TOOLS & API ACCESS Build an algorithm in 30 lines of Python code with our starter code and Python package. Get started in minutes with our helpful documentation. Backtest your strategies for free with historical data. Access open-source resources built by our developer community. EARN MONTHLY REBATES Kalshi offers low trading fees and all traders can qualify for the volume incentive program that offers up to 1.4% dollar rebate every month.

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Reviews

  • Why?

    1
    By BlaineOler
    I put in my social security number and they tell me it’s wrong you can’t tell me it’s wrong when I know my number. Please reply back and let me know if this is a bug or not.
  • Paddy

    3
    By padie 262626
    I can’t figure out how to fund my account or even how to sign in.Regardless,I seem to be able to make bets on political races.
  • Deceptive Advertising

    1
    By jakebw
    App advertised a $20 bonus with the first trade. It would only let me deposit $10 for the first deposit, then it turns out the first deposit had to be $100 to qualify. Outrageous.
  • Amazing

    5
    By notaek1
    Love Kalshi, what a great app and team!
  • Simple to Use + Very Responsive Team

    5
    By Jpardoux
    Very simple to use + user friendly. The team is also super responsive to any feedback and quick to implement changes, which is refreshing. The shokunin is very apparent
  • Only place I trust to make election bets

    5
    By N9719846
    Was way easier to figure out how to use than polymarket which requires crypto
  • Misleading

    1
    By Jonathan Gentile
    This isn’t trading - this is gambling. So let’s set that straight first. Second, you have to connect your bank account via Plaid, and my bank isn’t supported. There’s no option to manually enter your bank account info, card, or use Apple Pay like most modern apps. Invest in the stock market instead on real investments.
  • Scam

    1
    By BrandinZ331
    Easier to deposit money than you withdraw it, some bets take years to get paid out on
  • Favorite new app

    5
    By Shannon1003
    Absolutely love events trading on Kalshi! So much fun.
  • Broken app

    1
    By kalambity
    Onboarding flow has 3 critical bugs, disappointing and causes you to lose out on the sign up bonus when you can’t add funds or complete your account creation process

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