Kalshi vs PredictIt

Kalshi4.3/5

VS

PredictIt3.2/5

Feature	KalshiVisit	PredictItVisit
Ratings
Our score	4.3/5	3.2/5
User rating	No reviews yet	No reviews yet
Market selection	4.5	3.5
Liquidity	4.5	3.5
Fees	4.0	2.0
Resolution quality	4.5	3.5
Ease of use	4.0	3.5
Specs
Market types	Politics, Sports, Crypto, Economics, Culture, Weather	Politics, Economics
Settles in	USD	USD
Chains	Other	Not disclosed
Trading fees	Model fee rounded to $0.000001 precision with balance rounding fees	10% fee on profits and 5% fee on withdrawals
Resolution source	Official government and industry statistics, primary source reporting	Not disclosed
Available in the US	Yes	Yes
KYC required	Yes	Yes
Regulated venue	Yes	Yes
Market topics	Elections, Macroeconomics, Sports, Cryptocurrency, Weather, Financial Indices	US Elections, Congressional Votes, Presidency, Financial Indicators
Company
Founded	2018	2014
Headquarters	United States	United States
Investors	Baillie Gifford, Layer Global, TCV, Coatue +9	Not disclosed
Strengths and weaknesses
Pros	Registered Designated Contract Market status provides federal regulatory oversight for US-based traders Deep liquidity exceeding $2B in weekly volume across major events in May 2026 Transparent dollar-denominated balances eliminate stablecoin depeg risks Subpenny orderbook precision down to $0.0001 allows fine-grained execution	Operates as a CFTC-approved derivatives exchange and clearinghouse Deep liquidity on United States political and election markets Direct bank account deposits and fiat settlement in US dollars Track record spanning over a decade since November 2014
Cons	Requires full identity verification (KYC), preventing anonymous participation Centralized custody of cash balances without on-chain asset withdrawals Subject to regulatory exclusions, including a 2026 trading ban on US Senate staff Unprofitable to profitable user ratio reached 2.9 to 1 in 2026	Charges a 10% fee on profits plus a 5% fee on all withdrawals Single-contract positions are restricted to a maximum of $3,500 Strictly limited to US citizens with mandatory identity verification Custodial structure exposes user funds to centralized platform counterparty risk
Best for	US residents wanting regulated event contracts, Quantitative traders using FIX and REST APIs, Sports bettors preferring central orderbook pricing	US political election traders, Traders requiring regulated US venues, Retail fiat event speculators

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