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Kalshi Deposit Options

Learn about all the updated deposit options available at Kalshi, the top prediction market platform legal for U.S. customers.

by Chris Gerlacher

July 30, 2025

Prediction Platforms » Kalshi » Kalshi Deposit Options

Whether you’re betting on sports, the election, or the weather, Kalshi has a prediction market to draw you in. Its prediction markets are event contracts, which are yes or no questions on whether events will occur.

Kalshi is a legal real-money prediction market platform regulated by the CFTC, so it’s a safe option for traders who want exposure to or hedges against events that aren’t easily covered by other securities.

This guide will walk you through how to safely deposit funds and cash out at Kalshi.

Approved deposit options

Kalshi offers traders four deposit options to fund their accounts:

Method	Pros	Cons	Best for
💳 Debit Card	✅ Instant availability ✅ Easy to use	❌ 2% processing fee	Casual traders who want speed
🏦 Bank Transfer	✅ No fees ✅ $250–$15,000 range	❌ 3–5 business days	Traders who can wait
₿ Crypto	✅ Up to $500K/day ✅ Kalshi simplifies process	❌ Delay after QR scan	Crypto traders
💸 Wire Transfer	✅ Fast for large sums ✅ Better than bank transfers	❌ $2,500 minimum ❌ Max $X	Traders making large deposits

How to deposit money at Kalshi

Each of Kalshi’s deposit options is straightforward and easy for new and advanced traders to complete. Traders can either select ‘Cash’ or ‘Add Funds’ to access their deposit options. From there, it’s up to you to decide how to fund your account. Here’s a breakdown of each deposit method available to Kalshi’s traders.

Debit card

Step 1: Select “Debit Card” as your deposit method.

Step 2: Enter the amount you’d like to deposit.

Step 3: Provide the billing address associated with your debit card.

Step 4: Enter your debit card information.

Step 5: Review the deposit summary, including the processing fee.

Step 6: Confirm the transaction.

Your funds will be available for trading immediately.

How to deposit money at Kalshi

Debit card

Step 1: Select “Debit Card” as your deposit method.

Step 2: Enter the amount you’d like to deposit.

Step 3: Provide the billing address associated with your debit card.

Step 4: Enter your debit card information.

Step 5: Review the deposit summary, including the processing fee.

Step 6: Confirm the transaction.

Your funds will be available for trading immediately.

Bank transfer

Step 1: Enter the amount you’d like to deposit.

Step 2: Review the deposit amount.

Step 3: If this is your first bank transfer, add your bank account and routing numbers.

Once your bank info is saved, initiating a transfer is quick and easy.

Crypto

Kalshi and its crypto processing partner, Zero Hash, make crypto deposits as straightforward as they can be.

Step 1: Select your citizenship status.

Step 2: Review and accept Zero Hash’s processing agreement.

Step 3: Connect your crypto wallet to your Kalshi account. You’ll need to provide:

The cryptocurrency you want to deposit
The network it’s on
Your wallet address
A nickname for your wallet

⚠️ Important: Double- and triple-check the network.
Even if your wallet address and asset are correct, using the wrong network can result in a permanent loss of funds.

Step 4: Make sure you are depositing one of Kalshi’s accepted cryptocurrencies:

USD Coin (USDC)
Bitcoin (BTC)
RLUSD
XRP
World Coin

If you don’t hold one of these, you’ll need to convert your crypto in your wallet before depositing.

Step 5: Confirm your wallet information.
You’ll receive:

A message confirming successful wallet connection
A final disclosure to review and accept

Step 6: Once your wallet is connected, select the asset you’d like to deposit.

Step 7: Enter the amount you want to deposit.

Step 8: Review the transaction details.
You’ll see a screen where Zero Hash explains how the dollar value of your crypto deposit is determined. A live conversion calculator will show the estimated value based on real-time market data.

Step 9: Make your deposit.
You can either copy and paste Kalshi’s wallet address or use the provided QR code to send funds.

Step 10: Wait for the deposit to process.
Transaction times vary by currency and network. If your funds don’t appear within 10 minutes, Kalshi recommends contacting customer support.

Wire transfer

Wire transfers are best for large deposits. Kalshi accepts U.S. bank wires with no maximum limit, though there’s a $1,000 minimum. To complete a wire transfer:

Step 1: Open the wire transfer instruction page on Kalshi’s website.

Step 2: Review the transfer details, including:

Recipient name: Kalshi Klear LLC
Account number: 3304242626
Routing number: 121140399
Bank name: Silicon Valley Bank
Bank address: 3003 Tasman Drive, Santa Clara, CA 95054
Recipient address: 594 Broadway, New York, NY 10012
Memo: Your 9-digit code starting with “kal” (required)

Step 3: Log into your bank and initiate the wire transfer using the provided info.

⚠️Important:

The name on your bank account must match the name on your Kalshi account.
Kalshi must receive the funds before 4pm ET for same-day attribution.
Only U.S. bank wires are accepted.

Kalshi deposit fees explained

Kalshi’s deposit fees depend on the method customers use to fund their accounts. ACH deposits are the only method that has no fees, while debit card deposits include a 2% transaction fee.

Kalshi doesn’t charge fees on crypto or wire transfer deposits. Instead, those fees depend on the cryptocurrency or the bank used to make deposits. Transaction fees vary across cryptocurrencies, and banks have different charges for wire transfers.

Differences between Kalshi and other prediction markets

Prediction markets operate under different regulations, even within the United States. So, deposit options can vary across platforms, too.

Platform	Accepted Deposit Methods	Not Accepted	Notes
Kalshi	Debit card, Bank transfer, Wire transfer, Crypto	–	Best for retail/small-dollar traders
Polymarket	Crypto (multiple types)	Debit card, Bank transfer, Wire	Crypto-only platform
PredictIt	Debit card, Credit card	Bank transfer, Wire, Crypto	Focused on elections; lower position limits due to CFTC compliance
ForecastEx (IB)	Bank transfer, ACH transfer, Bank wire, Online bill pay, Scan a check, Mail a check, Transfer from Wise balance	Debit card, Crypto	Institutional focus; part of Interactive Brokers

Cashing out

If traders don’t want to wait for their contracts to settle, then traders can sell their contracts at whatever price they’re trading at. The option to sell existing contracts is underneath the market traders have contracts on. Traders will be able to see the details of their original purchase and how the value of those contracts has changed since.

In this market on whether Mike Johnson will leave the speakership before 2026, there are 75 contracts that could be sold at 17 cents each for $12, a $25.50 loss. The sale price includes a 78-cent trading fee.

The trading fee varies based on the number of contracts sold and the price at which they’re sold. Kalshi’s trading fee formula is (0.07 x C x P x (1-P)). C is the number of contracts being sold, and P is the price of the contracts in dollars. Kalshi gives the example of 0.5 for 50 cents.

Traders who want to make this sale can hit ‘Review’ then ‘Submit.’ Those who want to wait to see whether these contract prices rise can hold onto their contracts instead.

Once a trader either sells their contracts or loses money, they can make new deposits with the method that best matches their fee preferences and the amount of time they want to wait for the transaction to be processed.

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Chris Gerlacher

Chris is the senior political reporter and industry analyst at PredictionNews. He specializes in the ever-changing political betting markets, while also covering the emerging prediction market industry. Previously, he was the lead writer at Catena Media, where he contrasted the parallels between sports betting and prediction markets. Chris also is a political contributor for The Center Square.

Kalshi Deposit Options

Learn about all the updated deposit options available at Kalshi, the top prediction market platform legal for U.S. customers.

Approved deposit options

How to deposit money at Kalshi

Debit card

How to deposit money at Kalshi

Debit card

Bank transfer

Crypto

Wire transfer

Kalshi deposit fees explained

Differences between Kalshi and other prediction markets

Cashing out

Join the

Prediction News Community

News Categories

Pop Culture

Business

Political

Sports

Economy

Industry

Crypto

Climate

Health

World

Must Read

Latest Episode

Prediction Platforms

Kalshi

Polymarket

PredictIt

Manifold

ForecastEx

Metaculus

Chris Gerlacher

Prediction Markets

Prediction Guides