Website: kalshi.com
This website appears legitimate based on AI analysis.
Kalshi is a regulated exchange and prediction market where users can trade on the outcome of real-world events. It is a platform for event contracts, allowing users to buy and sell contracts based on the likelihood of specific events occurring. The platform is designed to provide a transparent and secure way for individuals to participate in prediction markets. Kalshi's website states that it is the first legal and regulated prediction market in the United States. It offers a range of markets, including those related to politics, economics, culture, companies, cryptocurrencies, technology, science, climate, health, and transportation. Users can trade on various events, such as elections, economic indicators, and cultural phenomena. The platform's interface allows users to view live bets and market trends. It also provides information on the liquidity of different markets and the potential returns on investment. Users can make trades ranging from $1 to $100 million, and the platform claims to offer high liquidity with no fees for buying and selling shares. Kalshi also offers an interest-earning feature, allowing users to earn 3.95% APY on their cash and positions. This feature is designed to help users grow their portfolios with variable interest rates as they trade on the platform. The platform emphasizes its regulatory compliance and security measures. It states that it is regulated by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). This regulatory oversight is intended to provide users with confidence in the platform's operations and the integrity of the markets. Overall, Kalshi appears to be a legitimate and regulated platform for participating in prediction markets. However, as with any investment or trading platform, users should conduct their own research and consider the risks associated with trading on the platform. It's important to be aware of the potential for financial loss and to make informed decisions based on individual risk tolerance and investment goals."