Kalshi promo code: get $50 when you trade $25

By Jeremy BraginPublished: Updated: Kalshi review

You don’t need a Kalshi promo code. Sign up through our link, verify your identity and trade $25. Kalshi then adds a $50 bonus to your account as trading credit. The offer is for new accounts in the US, aged 18 and over.

Kalshi sign-up bonus

Trade $25, get a $50 bonus. No code needed.

Bonus
$50 in Kalshi credit
To unlock it
Trade $25
Code
None: our link applies it
Who qualifies
New accounts, US residents 18+
Credit
Expiry and withdrawal limits follow the offer’s terms
Terms as of
October 19, 2026

CoinStats earns a commission when you open an account through our link. 18+. Event contracts can lose their entire value.

Claim the $50 bonusOpen Kalshi

This bonus is for US residents only: Kalshi’s referral rewards are not open outside the US.

The Kalshi promo offer: $50 for $25 in trades

Trade $25. Get $50. That is the whole offer for new Kalshi accounts opened through a CoinStats link, and there is no code to type. The link carries the offer to Kalshi’s sign-up page.

One thing to know before you start: the $50 is Kalshi credit, not cash. Kalshi’s referral rules say credit can carry withdrawal limits, and some must be traded before it can be withdrawn. Unused credit can also expire, so check its date under Your rewards.

Your own $25 comes first. It buys real contracts, which pay Kalshi’s usual taker fee and can win or lose like any other.

How to claim the Kalshi sign-up bonus

Four steps. The first decides whether you get the bonus at all: start from our link, not from Kalshi’s home page.

  1. Open Kalshi through a CoinStats link. There is no code to type: the link applies the offer.
  2. Sign up and verify your identity with a driver’s license or passport.
  3. Deposit, then make $25 in trades.
  4. Kalshi adds the $50 bonus to your account.

Kalshi promo code or referral code: which do you need?

Neither. Kalshi runs its sign-up bonuses through referrals: a new user opens an account through a referral link, or types a referral code at sign-up. Its help center files sign-up bonuses, referral credits and promo codes in one place, the referral program FAQ. So a “promo code” and a “referral code” do the same job.

Our offer is a link. Open Kalshi through it and the $50 is attached to your new account. Search for a “Kalshi referral code” and you will find the same kind of offer, usually as text to type.

Timing is the catch. Kalshi’s FAQ lets you add a code within 72 hours of opening an account, even after a deposit. A code already attached cannot be replaced. If our link did not track, open it again while signed in, inside that window.

Who qualifies for the Kalshi bonus

Three things decide it.

A new account. If you already trade on Kalshi, skip to the offers for existing users.

A US resident, 18 or older. Kalshi’s referral rewards are not open outside the US. Kalshi checks your identity with a driver’s license or passport, and no bonus is paid until that check is done.

Your state. Kalshi is open across the US, but court orders close its sports contracts in Michigan, Nevada and Washington, and more categories in the last two. There, only the markets still open can be traded, with the bonus or without it. Check your state before you sign up.

Kalshi bonus terms

Here is the offer in one table, with the terms Kalshi set with CoinStats on October 1, 2026. Kalshi’s general referral rules apply too. Your rewards, in the Kalshi app menu, shows the requirements for your own account.

Bonus$50 in Kalshi credit
To unlock itTrade $25
CodeNone: our link applies the offer
Who qualifiesNew Kalshi accounts opened through a CoinStats link, by US residents 18 or older.
Using the creditExpiry and withdrawal limits follow the offer’s terms; some credit must be traded before it can be withdrawn. Kalshi’s rules
Where it showsPortfolio → Predictions → Credit, in the Kalshi app
Terms as ofOctober 19, 2026, from Kalshi’s partnership terms with CoinStats

Where to use your $50 this week

Your $50 needs somewhere to go. These are the busiest Kalshi markets right now, by money traded in the last 24 hours, with live prices from Kalshi’s order books.

MarketChance24h volumeResolves
Favourite: San Francisco 49ers
16%$6.8MFeb 14, 2027$50 bonusTrade
68%$3.5MJan 1, 2027$50 bonusTrade
Favourite: Democratic Party
90%$1.9MFeb 1, 2027$50 bonusTrade
Favourite: San Antonio Spurs
22%$1.7MJul 31, 2027$50 bonusTrade
64%$1.3MFeb 1, 2027$50 bonusTrade
Favourite: James Talarico
65%$1.1MJan 4, 2027$50 bonusTrade

Ranked by 24-hour volume. Chance is the leading outcome’s price. Every market we price.

What you can trade on Kalshi

Six categories, one kind of contract. Kalshi lists sports, politics, economics, crypto, culture and climate, all six categories we track. Every market is a Yes or No contract that pays $1 if it is right and nothing if it is wrong, so the price is the market’s probability: 62¢ reads as 62%.

Browse live odds for politics, the economy, crypto and sports. Our guide to how Kalshi works walks through one trade with real numbers.

Kalshi deposits, withdrawals and fees

You can start with $10. That is Kalshi’s minimum deposit, or $1,000 by wire. Fund with a bank transfer, a debit card, Apple Pay, Google Pay, PayPal, Venmo, Cash App, a wire or crypto. Card deposits can cost up to 2%.

Getting money out costs nothing at Kalshi. Withdrawals go to a debit card, a bank account, PayPal, Venmo or a crypto wallet. Card withdrawals are normally instant, and bank transfers take a few business days.

Trading fees follow a published formula: 0.07 × contracts × price × (1 − price), rounded up to the cent. The fee peaks at 50¢ and shrinks toward either end. Kalshi’s fees has the full schedule.

Kalshi promos for existing users

Already on Kalshi? The $50 is not for you, but three other programs are.

Refer a friend. Every member can share referral offers from Your rewards, in the app menu. When a friend signs up through one and meets its requirements, both accounts can earn a credit. Limits vary by offer, and the offer shows yours.

Liquidity incentives. On selected markets, for a set period, Kalshi pays from a reward pool for resting orders that tighten prices.

Interest on cash. Kalshi pays a variable 3.50% APY on cash and open positions, for balances of $250 or more.

Kalshi’s offer vs other prediction market promos

Kalshi is not the only app paying new users. Each offer below is the app’s own, as published, with the date we checked it. None of them is a CoinStats offer.

AppSign-up offerChecked
KalshiTrade $25, get a $50 bonus, through a CoinStats link (US)Oct 19, 2026
RobinhoodThrough a promotional link only: a reward from $10 to $2,000 after approval for event contracts. About 99% of people get $10. TermsSep 25, 2026
Polymarket USDeposit $10 or more within 7 days and get $25 in trading credit. The credit can be traded but not withdrawn. TermsSep 25, 2026
NovigDeposit $10 and get $50 in trade credits with its code NOVIGBONUS, for new members 21 and over. Credits work on contracts priced up to 60¢ and expire after 30 days. It is not offered in AZ, MI or NV. TermsOct 19, 2026
ProphetXTrade $50, get up to $75, paid as $25 on days 1, 7 and 14. Later payments need the earlier credit used. From October 29, 2026, new members trade $40 to get $40 instead. The program ends December 31, 2026. TermsOct 19, 2026
OGGet up to $10 in new-user rewards after one $10 trade on a contract under 80¢. The trade must settle within 7 days of approval. TermsSep 25, 2026
CoinbaseThrough a customer’s referral link, brand-new Coinbase users who trade $30 within 7 days of approval get $25. Rewards have a 21-day withdrawal hold. TermsSep 25, 2026
WebullNew event traders can claim a one-time voucher: up to $20 back on one filled trade. It runs to January 3, 2027. TermsOct 19, 2026
Interactive BrokersPrediction Market accounts receive $10 when the account opens. TermsSep 25, 2026

Is Kalshi legit?

Yes. The CFTC designated KalshiEX LLC as a contract market on November 3, 2020, the status futures exchanges hold. In 2024 it registered Kalshi’s clearinghouse, Kalshi Klear, which holds members’ cash.

Regulation does not settle state law. Several states call Kalshi’s sports contracts gambling, and appeals courts are split. Our Kalshi review covers the cases, the payouts and the complaints.

Is the Kalshi bonus worth it?

It depends on why you are signing up.

Claim it if you were going to try Kalshi anyway. The credit trades like your own money.

Skip it if the bonus is the reason. The credit can expire, and it may need trading before you can withdraw it. The $25 you trade to unlock it can be lost.

Either way, read a market’s rules before you buy. Kalshi settles every contract on its written rules, not on how the headline reads.

Kalshi promo code FAQ

Is there a Kalshi promo code?

Not with this offer. Sign up through our link and the $50 offer applies by itself. There is nothing to type.

Does Kalshi have a sign-up bonus?

Yes. New US users who open an account through our link and trade $25 get a $50 bonus, paid as Kalshi credit.

What is the Kalshi referral code?

This offer uses a referral link, not a code. Kalshi treats both as referrals: the link applies the offer when you sign up, and a code does the same when typed.

Is the Kalshi bonus a deposit bonus?

Not quite. You deposit to trade, but the $50 unlocks after $25 in trades, not after the deposit.

Is there a Kalshi promo code with no deposit?

No. The bonus unlocks after $25 in trades, so you deposit at least that much first. Kalshi’s minimum deposit is $10.

Can existing Kalshi users get the $50?

No, it is for new accounts. Existing members can refer friends, earn liquidity incentives and collect interest on cash instead.

Can I claim the Kalshi bonus outside the US?

No. Kalshi’s referral rewards are open to US users only. Kalshi itself takes traders from many countries, and our list of Kalshi restricted countries shows the ones it does not.

When does the $50 show up?

Once you have traded $25 and passed the identity check. Some bonuses land by themselves; others need Unlock bonus under Explore → See all steps. Credit then shows under Portfolio → Predictions → Credit.

Why hasn’t my Kalshi bonus shown up?

Check three things. You opened the account through our link, not Kalshi’s home page. Your identity check is complete. And you have traded the full $25. Your rewards, in the Kalshi app menu, shows the requirements for your account. If all three are done, contact Kalshi support.

Can I withdraw the Kalshi bonus?

Usually not at once. Kalshi says referral credit can carry withdrawal limits, and some must be traded on an eligible product first. Your offer’s terms decide.

How do you get free money on Kalshi?

The nearest thing is a sign-up offer: trade $25 through our link and get $50 in credit. The $25 you trade can still be lost, so it is not free.

Sources

  1. Kalshi Referral Program FAQ
  2. Kalshi: where to find liquidity incentive programs
  3. Kalshi account verification
  4. Kalshi bank withdrawals
  5. Kalshi APY
  6. Kalshi fee schedule
  7. CFTC designates KalshiEX LLC as a contract market
  8. CFTC grants Kalshi Klear DCO registration

18+. Event contracts can lose their entire value. Nothing here is financial or legal advice. Trading responsibly.