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Guides prediction markets.
Practical walk-throughs for US traders: funding, fees, state eligibility, and order types on federally-designated venues.

How to Use Kalshi: Step-by-Step From Signup to First Trade
Kalshi is the largest federally-regulated event-contract exchange and it's legal for US traders. This walkthrough covers signup, KYC, funding, your first trade, and withdrawal — the path most US traders follow in under fifteen minutes.
Updated Aug 7, 2026
What Are Event Contracts? A Plain-English Guide
Event contracts are federally-regulated financial instruments that pay $1 if a real-world event happens and $0 if it doesn't. They're not bets, not stocks, and not options — and they're legal in the US. Here's how they actually work.
Updated Aug 5, 2026Frequently asked questions
What do these guides cover?
- Account setup, funding, fees, state eligibility, order types, and worked examples for trading event contracts on federally-designated US venues.
Are the guides US-specific?
- Yes. Everything is written for US residents trading under federal commodities regulation, including state-by-state eligibility notes.
How often are the guides updated?
- Fees, state lists, and product rules change often, so guides are reviewed on a rolling basis and each page shows its last-updated date.
Sources
Every figure on this page is checked against primary sources — regulator filings, exchange documentation and official results. Prices and rules change; verify with the operator before trading.
- 1.Designated Contract Markets (DCMs) — U.S. Commodity Futures Trading Commission
- 2.The Commodity Exchange Act & regulations — U.S. Commodity Futures Trading Commission