How It Works
Prediction markets, explained
Kalsshi lets you trade on real-world outcomes. Buy YES or NO contracts on events. If you're right, every winning share pays out $1.
Start Trading FreeBrowse and choose a market
Explore hundreds of markets across politics, finance, crypto, sports, weather, and more. Every market is a yes/no question about a future event.
Buy YES or NO contracts
Each share costs between 1¢ and 99¢. The price reflects the market's belief that the event will happen. Buy YES if you think it will, NO if you think it won't.
Trade before the market closes
Prices move as new information comes out. You can sell your position any time before resolution to lock in profits or cut losses.
Collect $1 per winning share
When the event resolves, every winning contract pays out exactly $1. Losing contracts expire worth zero.
Pre-launch trading
Real-money prediction markets need licensing in every jurisdiction they serve. Until we're ready to clear that bar, Kalsshi runs without real-money deposits or withdrawals — so we can ship the product globally and you can experiment with the platform first.
Zero financial risk
Real-money deposits and withdrawals are not enabled. The platform settles inside your account balance.
Instant settlement
Winning contracts pay out the moment the market resolves.
Exit any time
Place a limit order or cancel any time before the market resolves.