Jeremy Bragin
Kalshi sign-up bonus
Trade $20, get a $50 bonus. No code needed.
- Bonus
- $50 in Kalshi credit
- To unlock it
- Trade $20
- Code
- None: our link applies it
- Who qualifies
- New accounts, US residents 18+
- Credit
- Use within 7 days; withdraw only the profits
- Terms as of
- October 1, 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 KalshiThis bonus is for US residents only: Kalshi’s referral rewards are not open outside the US.
The Kalshi promo offer: $50 for $20 in trades
Trade $20. 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.
Most Kalshi codes published this month ask for $25 in trades. This one asks for $20.
One thing to know before you start: the $50 is Kalshi credit, not cash. Kalshi’s referral rules say credit is for trading on the platform, and only the profits you make with it can be withdrawn. It must be used within 7 days of landing, unless the offer says otherwise.
Your own $20 comes first. At 50¢, $20 buys 40 contracts, and Kalshi’s taker fee on them is $0.70. Those contracts 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.
- Open Kalshi through a CoinStats link. There is no code to type: the link applies the offer.
- Sign up and verify your identity with a driver’s license or passport.
- Deposit, then make $20 in trades.
- 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 allows a code to be added within 72 hours of opening an account, and only before your first deposit. A link has no later step: it works at sign-up or not at all.
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: the terms Kalshi set with CoinStats on October 1, 2026, and the rules Kalshi applies to every referral credit. The Rewards section of your Kalshi app shows the trading requirement for your own account.
| Bonus | $50 in Kalshi credit |
|---|---|
| To unlock it | Trade $20 |
| Code | None: our link applies the offer |
| Who qualifies | New Kalshi accounts opened through a CoinStats link, by US residents 18 or older. |
| Using the credit | Within 7 days of it landing, unless the offer says otherwise. Only profits made with it can be withdrawn. Kalshi’s rules |
| Where it shows | Menu → Activity → Credit, in the Kalshi app |
| Terms as of | October 1, 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.
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 four other programs are.
Refer a friend. Every member has a referral link under Menu → Referrals. When a friend signs up through it, verifies and meets the trading requirement, both accounts get a credit. Kalshi caps lifetime referral earnings, and the app shows your cap.
Volume incentives, ending soon. Kalshi’s Volume Incentive Program shares a reward pool among traders in eligible markets, capped at half a cent per contract. On September 28, 2026, Kalshi told the CFTC it will end the program no earlier than October 13, 2026. It was due to run to October 1, 2027.
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 3.25% 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.
| App | Sign-up offer | Checked |
|---|---|---|
| Kalshi | Trade $20, get a $50 bonus, through a CoinStats link (US) | Oct 1, 2026 |
| Robinhood | Through a promotional link only: a reward from $10 to $2,000 after approval for event contracts. About 99% of people get $10. Terms | Sep 25, 2026 |
| FanDuel Predicts | Get $100 in Predicts bonus by trading $1 a day for five days, in 18 listed states. It runs to October 20, 2026. Terms | Sep 25, 2026 |
| Polymarket US | Deposit $10 or more and get $50 in trading credit, when offered through an onboarding code or link. Its terms change on October 2, 2026. Terms | Sep 25, 2026 |
| Novig | Deposit $10 and get $25 in trade credits with its code NOVIGBONUS, for new members 21 and over. It is not offered in AZ, MI or NV. Terms | Sep 25, 2026 |
| ProphetX | Trade $50, get up to $75, paid as $25 on days 1, 7 and 14. Later payments need the earlier credit used; it ends December 31, 2026. Terms | Sep 25, 2026 |
| OG | Get 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. Terms | Sep 25, 2026 |
| Coinbase | Through 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. Terms | Sep 25, 2026 |
| Webull | Trade $20, get $20: a first event-contract order of at least $20 earns $20 in cash. It runs to October 15, 2026. Terms | Sep 25, 2026 |
| Interactive Brokers | Prediction Market accounts receive $10 when the account opens. Terms | Sep 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. $50 for $20 in trades beats the usual $25 code, and the credit trades like your own money.
Skip it if the bonus is the reason. The credit lapses 7 days after it lands, it cannot be withdrawn, and the $20 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.