Comparison
Polymarket vs Kalshi
The two biggest prediction markets — head to head. Which one is right for you?
Feature
Rating
✓4.8/5
4.7/5
Trading Fees
✓0%
7%
Min. Deposit
$10
✓$5
Geography
Global (excl. US)
US Only
Currency
USDC (crypto)
USD (bank)
Regulated
No
✓Yes (CFTC)
Liquidity
✓Very High
High
Mobile App
No (web only)
✓Yes
Market Volume
✓$3B+ monthly
Growing
⚠️Not financial advice. This comparison is for informational purposes only. Prediction market trading involves risk of loss. Always do your own research before trading.
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- ✓You are outside the United States
- ✓You want 0% trading fees
- ✓You want the deepest liquidity and most markets
- ✓You already use crypto / have a wallet
- ✓You are a serious, high-volume trader
- ✓You are a US resident
- ✓You want CFTC regulation and legal protection
- ✓You prefer USD bank deposits over crypto
- ✓You want a mobile app
- ✓Regulatory compliance matters to you