Kalshi Offers Up to $500 Credit for New Users

The prediction market exchange Kalshi is offering a limited-time welcome bonus for new users. When signing up and making $25 in trades, first-time accounts can earn up to a $500 credit. The bonus amount will be determined at random by Kalshi.

This promotion is available now through the use of the promo code SBWIRE. New users must deposit at least $10 using a debit card, bank transfer, Apple Pay, wire transfer, or USDC. The bonus funds must be used within seven days and are credited to the account regardless of the outcome of the trades.

Kalshi is a CFTC-regulated exchange where users trade contracts directly with each other. Each contract has a price between $0 and $1 that reflects the market's read on an outcome's likelihood. A correct call settles at $1, while a wrong one settles at $0.