Kalshi Offers Up to $500 Bonus for New Users

The prediction market platform Kalshi is offering new users up to $500 in bonus credit when they sign up and make at least $25 in trades. This promotion, which can be unlocked with the promo code SBWIRE, is available for a limited time only.

The bonus amount will be determined randomly, with 70% of users receiving $15, 24% getting $35, 5% earning $75, and 0.65% or less receiving the maximum $500. The credit must be used within seven days of receipt.

Kalshi is a federally regulated exchange that allows users to buy and sell contracts on real-world events, such as sports outcomes, politics, and crypto prices. Each contract is priced between $0 and $1, with the price reflecting the implied probability of the outcome.