Kalshi is an event contract trading hub that offers several impressive features. For example, you can unlock a $10 trading bonus by sharing a Kalshi referral code with friends.
In today’s guide, we’ll walk you through how to go about generating your code, referring friends to the site and collecting your subsequent bonuses.
While we’ll also cover the eligibility criteria and terms and conditions you’ll need to meet before you can take advantage of the referral program in the first place.
If you’re new to Kalshi, we’d suggest giving our recent Kalshi event contracts guide a read, which runs through what the platform is and how it works – and reading our full length Kalshi review, too, which covers even more important ground.
In summary, Kalshi is an online trading exchange that enables you to trade “yes” and “no” predictions on the potential outcomes of popular events, such as sports tournaments, elections, economic decisions, and more.
The event contracts offered are typically presented as a binary question that you can buy (or sell) a “yes” or “no” position on – such as “Will Bitcoin be above $250k by next year?”, for example.
At the time of writing, you can trade such event contracts across all the markets we’ve listed below, and more.
Although you should be aware that there’s no conventional Kalshi election betting or online sportsbook up for grabs anywhere on the site.
Instead, it offers CFTC-regulated, derivatives style trading of event contracts only.
Anyhow, here are the markets currently covered:
You guys get all that? Good. Next, let’s look at how things like Kalshi’s referral codes work. As well as what you need to do to generate and use one.
As already revealed above, yes – Kalshi has a referral program in place, and it’s good for a $10 prediction trading bonus each time you successfully refer a friend to the site in line with Kalshi’s rules. While naturally, your referrals will also receive a $10 bonus at their end, too.
It’s a simple program with relatively straightforward T&Cs – generate a Kalshi referral code, share it with a friend, and you’ll qualify for a bonus so long as your referral makes a deposit and completes a certain number of trades within 30 days post-registration.
In most parts of the US, there’s a 10-friend cap on the number of people you can refer. Although we found that the offer’s rules may sometimes vary depending on your state, while the T&Cs might occasionally be subject to unexpected, last minute changes, too. So, it’s important to stay on your toes with this one.
Before you can get a Kalshi referral code and start sharing it with your buddies to pursue bonuses, we found you’ll need to meet some important eligibility criteria – which we’ve highlighted for you in this table:
| Minimum age limit | 18. |
| State-level availability | While Kalshi itself is available in all 50 US states, we found that players from the following states are excluded from this particular promotion:
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| KYC requirements | Only users who’ve completed Kalshi’s Know Your Customer (KYC) checks – which involve uploading government-issued ID – are able to generate a Kalshi referral code at the time of writing. |
| Minimum trading target | To qualify for code access, you must have made at least $10 in trades since opening your Kalshi account. |
Makes sense? If not, here’s how to generate your Kalshi referral code, one step at a time:
Register with Kalshi – you can sign up by clicking any of our banners on this page, then following the simple on screen steps.
Complete Kalshi’s KYC checks – you’ll need to upload your passport or driver’s license, as well as a photo of yourself, to do this.
Sign into your account post-verification.
Fund your account, then complete your $10 worth of event contract trades.
Click the main menu.
Select “Invite Friends” to generate your code – this option will only be available to you once you meet the above criteria.
From there, you’ll of course need to share your referral code with eligible friends – who will also need to meet some criteria at their end, too – before you’ll get your bonus.
Next, let’s unpack how to refer friends and start unlocking bonuses – which we found will usually work out at $10 in trading credits for each successful referral, subject to T&Cs.
Once you have your Kalshi referral code available to you via the “Invite Friends” button, you’re already halfway there. Here’s how to use it:
Share your code with eligible friends – who must also be 18+ and based in a bonus-friendly US state.
Each qualifying friend must create an account and pass Kalshi’s KYC checks.
Here’s the important bit – your buddies will need to make at least $10 worth of trades within 30 days of registering.
Once said trading target has been hit, a $10 bonus will be credited to your account – while your friend will also receive a $10 bonus at their end, too.
At the time of writing, we found you can refer up to 10 people in total with this bonus, which is pretty darn competitive when compared against other trading platforms’ referral schemes.
It’s important to be aware of the eligibility rules before giving it a go – as you won’t qualify for any bonus unless the offer’s rules are followed.
At the same time, we’d suggest paying special attention to things like Kalshi’s fees and eligible payment methods if you want to have a smooth experience.
All whilst also ensuring that you – and your friend – prepare your KYC documents well ahead of time to iron out any potential delays when signing up.
As we’ve seen, it’s possible for you (and your friends) to claim a $10 bonus with Kalshi’s referral program right now – but only if both you and your referrals can meet the offer’s eligibility rules.
Currently, only KYC verified users based outside of AZ, IL, MD, MI, MT, NJ, OH and NV can claim. While you’ll need to be 18+ and have traded at least $10 on the site before you can access – and start sharing – your referral code.
Meanwhile, at your friends’ end, each person you refer needs to hit a $10 trading target within 30 days of being referred before either of you will get any bonus.
Ultimately, it’s a fun offer that’s easier to follow than it sounds. Particularly if both of you prepare your ID documentation early, and give the bonus’ rules a good once over before you get started.
You can join Kalshi and start pursuing your bonus today via any of our official banners on this page.
That’s easy – generate a referral code from the site’s main menu after signing up and completing at least $10 worth of trades, then start sharing it with friends. You can then qualify for a $10 bonus per successful referral, subject to T&Cs.
If you’ve already received a referral code from a friend, we found you can redeem this by heading to Kalshi’s official site via our banner links, opening the main menu, then clicking “Enter Referral Code”. From there, you’ll need to sign up and trade at least $10 worth of contracts within 30 days to get your $10 bonus. No Kalshi sports betting is offered here. But you can use your bonus credits to buy and sell “yes” and “no” event contracts on popular sports events, as well as world events in other categories, too.
At the time of writing, you can refer up to a maximum of 10 people to Kalshi via their referral program – after which point you’ll no longer be able to copy and paste your unique referral link.
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