Kalshi has risen to the top of the prediction markets space, offering a terrific trading platform for buying and selling event contracts across a variety of real world outcomes. Read on for a detailed review of the Kalshi promo code MILE and everything you need to know about claiming the welcome offer.
New users can claim the Kalshi promo code MILE to secure a $25 bonus after completing their first $25 in trades on any markets.
Kalshi Promo Code MILE for $25 Bonus (August 26)
| Kalshi Promo Code MILE | Details |
|---|---|
| 💵 Kalshi Sign Up Bonus | Trade $25, Get $25 Bonus |
| 🚨 Kalshi Promo Code | MILE |
| 🤝 Trading Requirement | Complete $25 in Trades |
| 🇺🇸 Kalshi Available States | AL, AK, AR, CA, CO, CT, DE, FL, GA, HI, ID, IN, IA, IL, KS, KY, LA, ME, MN, MS, MO, NE, NH, NM, NY, NC, ND, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY, DC |
| 📆 Offer Last Updated | August 26, 2026 |
The Kalshi sign-up promo for August 2026 is a very straightforward offer that helps new users get started fast with a $25 bonus. After new users enter the Kalshi promo code MILE at sign-up and complete $25 in trades, they will receive the welcome bonus, which can be used to buy contracts on the Kalshi platform.
New users are not required to reach $25 in trading volume with just a single prediction; they can also make multiple trades to reach $25 in cumulative trading volume, which will unlock the $25 bonus.
How to Claim Kalshi Promo Code MILE
Click any of the linked offers on this page and follow the steps detailed below to unlock the $25 bonus from the Kalshi promo code.
New customers can click any Kalshi promo link on this page and follow the steps below to claim their bonus.
- Claim the Offer: Click the Kalshi sign up link here and enter the promo code MILE. For users on a phone or tablet, this may require downloading the Kalshi app.
- Register: Create a new account by providing an email address or linking an Apple/Google account, phone number, photo ID, Social Security number, and primary address. Users are also required to supplement their photo ID with a selfie to verify their identity with Kalshi.
- Deposit: Make an initial deposit of at least $1 to fund the new account using Kalshi payment methods like debit or credit cards, bank transfers, Apple Pay, Google Pay, Venmo, PayPal, or Cash App.
- Trade: Complete at least $25 in trades to activate the bonus from the Kalshi welcome offer. Users are not required to reach $25 in a single trade; they can also reach $25 in cumulative trades.
- Get a Bonus: Receive a $25 bonus for trading on prediction markets. New Kalshi traders have seven days to use the awarded credit before it expires.
Kalshi Promo Code Terms and Conditions
Make sure to read through the terms and conditions of the Kalshi promo code to claim the offer and score a $25 bonus.
Promo Code Eligibility
- Offer only available for new users on Kalshi
- New users must be physically located in an eligible state for Kalshi trading
- Must be at least 18 years old to register for an account on Kalshi
Claiming the Promo Code
- Use the links on this page and enter promo code MILE to claim the bonus
- Register for an account by providing a valid email address, phone number, proof of identification, address, and Social Security
- New users must make an initial deposit and complete at least $25 in trades
Using the Promo Code
- Complete $25 in trades to receive a welcome bonus of $25
- Bonus funds from Kalshi promo are awarded as non-withdrawable trading credit
- Use the $25 bonus to trade on Kalshi prediction markets
Trending Kalshi Prediction Markets (August 26, 2026)
Kalshi makes it easy for traders to find markets with the most action with its constantly updating “Trending” wheel. Here, users can easily find markets that are quickly on the rise and established markets that have a high level of liquidity.
Check out today’s top trending markets on Kalshi.
- How high will BTC get in August? (Crypto)
- Who will be Trump’s next Press Secretary?
- Peak US National Debt Under Trump Administration
- Will the Clarity Act become law?
- 2028 Democratic presidential nominee
- Gold 15 minutes: $4,631.53 target
- Which party will win the U.S. Senate?
How Does Trading on Kalshi Work?
While the thought of trading on event contracts may sound like a difficult process, Kalshi makes it very easy for beginners with its incredible UI/UX.
Trading on prediction markets comes down to a simple yes or no option. Users will buy the yes or no contract for a given market, like the 2027 Super Bowl Champion. The price of that contract (team) is determined by the implied market probability at the time, meaning the more likely the outcome is to happen, the more expensive the contract will be.
If the trader picks the right side of the outcome, they will get $1 back for every contract they bought. A correct prediction contract that is purchased at 20 cents will yield 80 cents in gain once the market has resolved. If the pick loses, $0 is returned to the user.
Kalshi App Review and Available Markets
| App Store (iOS) | Kalshi App | Google Play (Android) |
|---|---|---|
| 📲 Kalshi: Trade Events & Sports | App Name | 📲 Kalshi: Trade Events & Sports |
| 🛠️ KalshiEX LLC | App Seller/Developer | 🛠️ KalshiEX LLC |
| ⭐ 4.8/5 | Rating Score | ⭐ 4.7/5 |
| 🗣️ 459k | User Reviews | 🗣️ 98.3k |
The Kalshi app is available for free download on both iOS (App Store) and Android (Google Play) devices. Users can find the Kalshi app in the Finance section of the App Store or Google Play, with the app developer listed as KalshiEX LLC.
Downloading and using the Kalshi app is very user-friendly, with a clean user interface and easy navigation throughout the platform. Traders can browse through prediction markets by category, or use the search bar to find the exact market they’re looking for. The Kalshi app is fully equipped with live data and social features that help to make trading a truly interactive experience. There are also responsible trading tools for users to limit their deposits and self-exclude.
Kalshi is a prediction market platform regulated by the Commodity Futures Trading Commission (CFTC) and is a great choice for those looking for an alternative option to traditional sportsbooks. Along with being able to trade on sports markets, users can buy and sell contracts for a range of topics like politics, culture, and financial markets.
Kalshi’s app provides users with all of the same functions they are accustomed to on the desktop version of the prediction market platform. It shares the same clean user interface as the website, with easy-to-navigate menus through broad topics, ranging from NFL futures to election markets, that users can filter down to the specific market of their interests.
If scrolling through the wheel of markets is not fast enough, traders can also use a search bar to find the exact market they want. Users will find that buying and selling contracts is just as straightforward in the Kalshi app as it is on the desktop website.
Traders can also track their order history and portfolio on the mobile app. Those with experience using an online sportsbook app will find that it is a relatively seamless transition to using this prediction market platform. Kalshi offers a massive collection of markets that customers can trade on, including Politics, Sports, Culture, Climate, Financials, Tech & Science, and many more. Users can go from trading NFL futures to viewing the implied win probability on UFC matches to predicting how much it will rain in Miami in August.
Is Kalshi Legal in the United States?
The Kalshi app is a legit trading platform that users can trust, as it is regulated by the CFTC. Since the Kalshi app is a federally regulated Designated Contract Market (DCM), it is available to eligible users 18 years and older across all 50 states. However, some markets, such as sports, may be restricted in certain states.
In short, yes, Kalshi is legit, and it is a real, legal financial exchange with federal oversight.
Kalshi Available States
Kalshi is currently available in over 40 states. Seeing that the platform is a prediction markets exchange, regulated by the CFTC, Kalshi is available in a variety of states where sportsbooks are prohibited.
The current list of states where Kalshi is available includes the following: Alabama, Alaska, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Indiana, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maine, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
Kalshi is currently unavailable in Arizona, Massachusetts, Maryland, Michigan, Montana, New Jersey, and Ohio.
Kalshi vs Sportsbook Comparison
| Element | Kalshi | Sportsbook |
|---|---|---|
| Odds/Implied Probability | Market Demand | Oddsmakers |
| Taking a Position (Entry/Exit) | Buying/Selling Contracts | Betting/Cashing Out |
| Regulation | Commodity Futures Trading Commission (CFTC) | State Gaming/Lottery Commission |
| Available Markets | Sports, Politics, Entertainment, Finance, Crypto, Mentions, Financials, Tech, Science, Health, Climate | Sports |
| Platform Fees | Market Maker/Taker Fees | House Edge (vig) |
As a prediction markets platform, there are several key factors that differentiate Kalshi from traditional sportsbooks. The first and most obvious aspect is market availability: Kalshi offers event contract trading across a plethora of real world outcomes, while sportsbooks limit users to betting only on sports markets.
Kalshi uses a peer-to-peer trading model in which contract prices for either side of an outcome are determined by implied market probability. Markets with high liquidity can present user-friendly scenarios in which traders can buy and sell positions at various prices, while sportsbook lines are set by oddsmakers as users are betting vs the house.
What Welcome Bonuses and Promotions Does Kalshi Offer?
New users can activate the Kalshi welcome bonus to unlock a $25 sign-up bonus after they complete their first $25 in trades. To claim the Kalshi promo code MILE, traders must be physically located in an eligible state and at least 18 years of age.
Using the links on this page will unlock the welcome offer for Kalshi that secures a $25 sign-up bonus to use on any prediction market after the customer has completed $25 in trades.
What Market Categories Can You Trade on Kalshi?
Kalshi has what feels like an endless number of categories you can trade on their prediction market platform. Some of the most popular options are Sports, Politics, Culture, Climate, Financials, Tech & Science, and more. It also has a Trending section where traders can see markets that are gaining market volume and experiencing significant movement.
Sports
Traders can find markets for popular sports and leagues around the world, including the NFL futures prediction markets, the Open Championship, MLB, F1, and many more sub-categories. Along with being able to trade on match outcomes, users can also buy event contracts on player props like points, assists, and rebounds. Sports prediction markets are a great alternative to online sportsbooks for those in states where sports betting is not yet legal.
Politics
Kalshi offers the ability to trade on political results on topics like elections, Presidential cabinet appointments, Supreme Court rulings, and international events, among many other markets. Kalshi became the first CFTC-regulated prediction market platform to be legally allowed to offer election trading across the country.
Entertainment
Pop-culture fans can find a range of markets covering topics like how many views the #1 Show on Netflix will have this week, who will be the #1 searched person on Google this year, who will be Big Brother Season 28 Week 4’s elimination, Grand Theft Auto VI’s release date, and the Oscar winner for Best Actor. Culture has incredible depth with many sub-categories, such as Movies, Music, People, and Video Games.
Weather
Climate is always one of the more popular options on Kalshi, with there always being considerable volume on its various “Daily Temperature” markets. Along with trading on the daily high for a specific city, users can also buy contracts on how much it will rain or snow, how many hurricanes will form in a year, and “will 2026 be the hottest year ever?”
Financials
Users can trade on the results of major exchanges, such as the FedEx average daily package volume in Q4, the S&P price range on Friday at 5:00 pm ET, or which companies will officially announce an IPO this year. The financial markets on Kalshi also allow traders to predict what the exchange rate between certain countries will be on a given day.
Tech & Science
The Tech & Science markets on Kalshi offer a wide range for traders to pick from when looking to buy contracts on an event. Users can narrow their search in this market by choosing from the AI, Energy, Medicine, or Space sub-categories. Some of the top markets on Kalshi right now are “Top Coding AI this month,” “SpaceX Starship 13th launch,” and “Best AI at the end of 2026?”
Kalshi Combos – Multi-Leg Trades
Combos are among the premier features of the Kalshi app, allowing users to combine multiple positions into one trade. This is a very appealing aspect for Kalshi traders who might be experienced betting on sportsbooks, as the Combos function similarly to a sportsbook parlay.
It’s very straightforward to put together a Combo on Kalshi, simply select your trading market and click the Combo button. Then, pick at least one more market to combine with your original selection. The positions will be stacked together into one prediction, with the new (decreased, for a higher potential return) implied market probability displayed.
In order for a Kalshi Combo prediction to be correct, each of the individual positions must resolve in the user’s favor. While a correct Kalshi Combo prediction will yield a higher return than the individual predictions on their own, it also carries an increased risk. If any of the individual positions in a Kalshi Combo are incorrect, the full combo prediction is incorrect.
Kalshi Fees, Minimums, and Promotions
Unlike sportsbooks that are funded through the “vig” on either side of a bet, Kalshi has a fee structure on every trade. The platform does not use a flat-rate fee per trade, but instead, the fee system is based on how much a trader can gain.
While the Kalshi fee system can be a bit complex to understand, it is on par with other prediction market platforms. Fees for some contracts can be as little as $0.01 per contract, and Kalshi’s minimum deposit threshold is $1.
For new users looking to get the most out of Kalshi’s welcome offer, they will need to deposit and complete a trade of $25 to unlock a $25 sign-up bonus. By clicking the link here, new customers can claim the Kalshi promo code MILE offer.
Kalshi Payment Methods: Deposits and Withdrawals
| Kalshi Payment Method | Limit | Processing Time | Fees |
|---|---|---|---|
| Bank Account | $50k (daily) | Immediate | No Fees |
| Card (Debit/Credit) | $20k (daily) | Immediate | 2% |
| PayPal | $60k (daily) | Immediate | 2% |
| Venmo | $10k (daily) | Immediate | 2% |
| Apple Pay | $20k (daily) | Immediate | 2% |
| Cash App Pay | $20k (daily) | Immediate | No Fees |
| Crypto | $500k (per deposit) | 30 minutes | Fees Vary |
| Wire Transfer | $1k (minimum) | Same Business Day or Next | No Fees |
Making deposits and withdrawals on Kalshi will be a familiar experience for those who have used an online sportsbook.
Users making a deposit or withdrawal that goes through a bank transfer will not have a fee on either side of the transaction. Those using a debit card to make a deposit will incur a 2% deposit fee and a $2 flat fee for withdrawals. Traders who prefer using cryptocurrency will be happy to hear that, unlike sportsbooks, Kalshi does allow users to make deposits and withdrawals with crypto, where they may be hit with third-party transfer fees from their crypto wallet.
What Is Kalshi, and How Do Event Contracts Work?
Kalshi is a CFTC-regulated prediction market platform that allows users to trade on the outcome of various events, such as sporting events, elections, and music charts.
In order to trade on a market, traders purchase yes or no contracts for a specific result. Each of these contracts can cost from $0.01 to $0.99, with the price being dictated by the fluctuating market volume and the event’s implied win probability.
Kalshi allows users to see the market volume on all of the price points at which other users purchased their positions on the event to help them make a more informed prediction. If the user purchased the winning side of the event, their contracts will settle with a payout of $1 for every correct contract purchased. Those on the losing side will have $0 returned to their portfolio.
Traders can close their contracts early if they would like to actualize their gains before the event has resolved, yes or no. This can also be used to minimize losses if the user believes their prediction may have been incorrect before the market closes.
Is Kalshi Safe? Security and Privacy Practices
Kalshi prioritizes the safety and privacy of its users. Since it is a CFTC-regulated site, it must meet federal standards dictated by the Commodity Exchange Act. This means that it must ensure customer protection, financial integrity, transparent reporting, and go through intensive compliance programs to maintain its good standing.
Along with being required by law to meet these standards, Kalshi also features anti-money laundering systems and Know Your Customer (KYC) checks, which help prevent identity theft and fraud.
Adding another layer of user protection, Kalshi uses Plaid, a financial tech company that serves as a secure middleman between users and apps. Plaid uses end-to-end encryption between the trader’s bank and Kalshi, meaning that no one at Kalshi is able to see a user’s private information.
What Do Real Users Say? Kalshi Reviews and Complaints
Our testers for this Kalshi review have had overall positive feedback with their experience using the app, with just a few minor complaints. Most important to users was that they felt safe using the app, knowing Kalshi is regulated by the CFTC, ensuring the markets are fair and their data is protected. Among other pros for the Kalshi app are:
- Diverse market categories
- Excellent user interface
- Transparent contract pricing
- Nationwide accessibility
- Ease of deposits and withdrawals
The only complaints that our testers found were that it can be difficult to understand how the transaction fees work when executing trades, there are no live chat or telephone support options for customer support, and some of the more niche markets can have liquidity issues, meaning it can be hard to complete larger trades on some markets.
Kalshi Promo Code Comparison
| Prediction Market | Kalshi | Polymarket | FanDuel Predicts | Novig |
|---|---|---|---|---|
| 💰 Sign-Up Bonus | Trade$25, Get $25 Bonus | Trade $10, Get $20 Bonus | Unlock Your Offer | Deposit $10, Get $25 in Trade Credits |
| 🚨 Promo Code | MILE | MILE | N/A | MILE |
| 💲 Bonus Type | Trade & Get | Trade & Get | Unlock Your Offer | Trade & Get |
| 💵 Minimum Deposit | $0 | $1 | $10 | $5 |
| 📱 Mobile App | iOS (Apple App Store) & Android (Google Play) | iOS (Apple App Store) & Android (Google Play) | iOS (Apple App Store) & Android (Google Play) | iOS (Apple App Store) & Android (Google Play) |
| 🎂 Minimum Age | 18 | 18 | 18 | 21 |
See how the Kalshi promo code compares with sign up offers from some of the other popular prediction market trading exchanges. While Kalshi may have been the first prediction market platform, it no longer stands alone with competitors like Polymarket and Novig. It is, however, still among the best options out there.
Polymarket
For users more familiar with cryptocurrency, Polymarket is a good alternative to Kalshi. Polymarket users can deposit the cryptocurrency USDC through the Polygon blockchain and make withdrawals to their crypto wallets. Polymarket offers many of the same general categories as Kalshi, such as Politics, Sports, Tech, Climate, and Economics, but also offers many more sub-categories for these areas than other platforms.
Novig
Novig is a great option for traders who like prediction markets but are only interested in sports event contracts. Novig’s user interface closely resembles that of a traditional sportsbook and will make it easy for users coming from an online sports betting background to make the switch.
Kalshi Responsible Trading Tools
The Kalshi prediction markets exchange features various responsible trading tools to aid users on the platform. Current Kalshi responsible gaming measures include a Trading Break, Personalized Funding Cap, and Self-Exclusion
Trading Break
Users can pause their access to the Kalshi platform by using the Trading Break to temporarily restrict trading activity. The Kalshi Trading Break tool is available in the Trust tab under the section for Responsible Trading Tools, and allows users to set a customized time period for the break.
Personalized Funding Cap
Traders on Kalshi can limit their deposits to the platform by utilizing the Personalized Funding Cap. This tool allows users to set a specified limit (maximum) deposit amount during a calendar month. On Kalshi, a Personalized Funding Cap goes into effect immediately and will apply to all user transactions (deposits) within the specified time window. Once a Personalized Funding Cap has been set, the deposit maximum cannot be changed until the time window has expired.
Self-Exclusion
There is also the option for Kalshi users to self-exclude from the platform. The Kalshi Self-Exclusion tool allows traders to restrict their own access to the platform and limit potential losses. Kalshi Self-Exclusion is accessible on the Kalshi app, website, as well as Kalshi’s API.
Kalshi Promo Code FAQs
Below are some of the most frequently asked questions about the Kalshi promo code:
What is the best Kalshi promo code?
New traders who use the Kalshi promo code MILE will unlock a $25 bonus after they complete their first $25 in trades.
What is Kalshi?
Kalshi is a CTFC-regulated prediction market platform that allows users across the country to buy and sell contracts on the outcomes of future events.
What states is Kalshi available in?
Kalshi’s prediction market platform is available in almost every state across the United States. Kalshi currently faces restrictions in MD, MT, NJ, NV, and OH.
What is the minimum age for Kalshi event trading?
As required by CTFC laws, the minimum age to place trades on Kalshi is 18 years old.
Does Kalshi have an app?
Yes, Kalshi has both an Android and iOS app that can be downloaded from the store for each operating system.
What can I trade on Kalshi?
Users can buy and sell yes/no outcomes for categories like Sports, Politics, Culture, Climate, Financials, Tech & Science, and much more.
Does Kalshi accept credit card deposits?
Kalshi does not allow users to make deposits or withdrawals with a credit card. Traders can make deposits and withdrawals using debit cards, bank transfers, and crypto.
Is Kalshi legal?
Yes, Kalshi is a legal prediction market platform. As a Designated Contract Market, it receives federal regulation from the Commodity Futures Trading Commission (CFTC).