Kalshi is a new exchange that lets investors trade directly on the outcome of major world events, such as politics, business, economics, climate, transportation, culture and science.
Plus, you can get a $30 cash bonus when you sign up via this Kalshi $30 Referral Bonus Link and trade 100 contracts (costs less than $100), and you can earn an additional $10 bonus for each new trader that you refer to Kalshi.
Kalshi is regulated by the Commodity Futures Trading Commission (CFTC) as a Designated Contract Market (i.e., like CBOE or CME), which is a financial exchange designated to trade futures, swaps, and/or options on commodities.
About Kalshi Real-World Event Trading
Each “Event Contract” on Kalshi is structured as a question about a future event that can be answered by a simple Yes or No.
If you think an event will happen, you purchase “Yes” contracts, and if you don’t think an event will happen, you purchase “No” contracts.
Each event contract is priced from $0.01 to $0.99 based on the current market price, which is set by supply and demand, and you can buy and sell positions to profit as events become more or less likely over time.
If you hold your contracts until the market closes, at which time the event either does or does not occur, each Yes contract will pay out $1 if the event happens and $0 if the event does not happen, and it’s the opposite for No contracts.
Through the Kalshi exchange, you can trade on the outcome of real-world events based on your research, analysis and convictions about the underlying fundamentals of the event.
Kalshi $30 Bonus for New Traders
In order to earn a $30 cash bonus from Kalshi, you must register via a current member’s referral link and trade at least 100 contracts (each contract costs from $0.01 to $0.99). An easy way to trade 100 contracts without taking too much risk would be to trade on Yes contracts for an extremely likely event, or you could buy and sell contracts within a short amount of time, as you aren’t required to hold your contracts for any set time.
1. Register through this Kalshi $30 Referral Link to get started, and create a free Kalshi account in less than a minute.
2. The $30 referral bonus is not displayed on the referral landing page, but you can confirm that you registered via a referral by visiting the “$10 Refer Friends” section after your account is opened, where you will see “Your sign-up reward is almost ready! Trade 100 more contracts to claim it.”
3. You must fund your new Kalshi account by connecting your bank account via Plaid (funding via ACH takes 2-3 days to complete).
4. Deposit enough funds in order to trade 100 contracts. A $100 deposit will be sufficient, since each contract costs between $0.01 and $0.99.
5. Trade a minimum of 100 contracts in order to qualify for the $30 bonus. The $30 bonus instantly becomes available after you trade 100 contracts.
6. Once you trade 100 contracts to qualify for the $30 bonus, you’ll need to visit the “$10 Refer Friends” section in order to claim your bonus before it is credited to your account.
7. Receive a $30 cash bonus in your Kalshi account, which you can trade or withdraw as you please (funds are locked for 7 days before you can withdraw them).
About Trading Event Contracts on Kalshi
By trading “Event Contracts” on Kalshi, you’ll gain access to a new type of asset class that gives you the ability to make trades on your opinions about specific Yes-or-No questions.
For example: “Will the Congressional Stock Trading Ban become law?”; “Will High Inflation End?”; “Will the High Temp in Chicago this Summer be above 100 degrees?”; “Will Turkey join the EU?”; or “Will the Price of Oil Go over $150 a Barrel?”.
Each event contract is priced from $0.01 to $0.99 and represents the probability that you think the event will or will not occur.
The “Yes” market price is the chance an event will happen, and the “No” market price is the chance that an event will not happen.
The market price is based on supply and demand as determined by all of the traders on Kalshi.
As events unfold over time, the market price changes, and you can buy and sell positions and profit as events become more or less likely to occur.
When the market closes, and the event either does or does not occur, each Yes contract pays out $1 if the event happens and $0 if not (it’s the opposite for No contracts).
Example of Event Contract on Kalshi
Let’s consider the following event contract: “Will 2022 be the Hottest Year on Record?”
If the current market Yes price is $0.40, you may decide to buy 100 contracts, so you place an order for a total of $40.
The current market No price is $0.60, so someone else may place an order for 100 No contracts for a total of $60.
The Kalshi exchange then matches these orders and a trade is created.
As time passes and additional information continues to move the market price, the current value of your contracts may change.
The Yes price may move to $0.70, and you can then sell all 100 contracts and receive $70 for a net profit of $30.
Alternatively, you can wait until the outcome is determined (maturity), and if 2022 is indeed the hottest year on record, you will receive $100 and a net profit of $60.
Kalshi Give $30, Get $10 Referral Program
In order to participate in the Kalshi Referral Program, you must make your first trade to become eligible to refer friends.
After you complete your first trade on Kalshi, you’ll receive access to your unique referral link, which you can share with friends, family, and associates.
To access your referral link, visit the “$10 Refer Friends” section of your Kalshi account under the Menu, where you’ll find your unique referral link.
When your referrals registers through your unique link and trades 100 contracts, they’ll receive a $30 bonus, and you’ll receive a $10 bonus.
With the referral bonuses that you earn, you can trade more contracts on Kalshi or withdraw the funds to your bank account as you please.
There is no limit to how much you can earn for referring new users to trade contract events on Kalshi.
A special thank you goes out to Toby for alerting us to this Kalshi referral promotion, and you may feel free to register via his Kalshi Referral Link to earn a $30 bonus after you trade 100 contracts on Kalshi. You can also review this CNBC.com Article for more information about Kalshi.
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