Kalshi User Reviews

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  • Terrible and pointless app

    literally couldn't log in bc it's not clear on how to create an account. i looked at my email and finally got logged in . when i wanted to get back on the app it kept telling me "sorry where having issues" something along those lines for like 2 days so i just deleted it , but literally a pointless app
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  • Find a better events broker

    Events trading is a fun and fascinating business, but Kalshi is not a company I'd recommend anyone work with.

    After it became clear that Biden would be dropping out, Kalshi's head of markets - Xavier Sottile - sent a note out to folks that had traded in the "number of debates" contract on Kalshi. What was in his clarifying message was, in my opinion, different from how the contract language was written. He specifically said to reach out and ask him if anyone had any questions. I tried emailing him several times over the following couple weeks trying to get clarification but never got the courtesy of a response. At this point I'm unwinding all of my positions on Kalshi and will find an events broker that's more trustworthy and has better customer service.

    They've recently implemented a fee to withdraw money out of your account as well. It's only $2 per withdrawal, but it still feels like a bait and switch because that's not clear from the beginning and it's certainly not industry practice for financial accounts.
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  • Doesn’t work

    I continue to try to go on this app and have never even been able to log in. Whenever I open up the app it says there is an update and sometimes there is and I update the app and it says the same thing. But for the most part, there is no update and the app simply doesn’t let me in because it is stuck on the Update screen. Very frustrating especially because I have heard good things about this app.
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    Developer Response

    Hey there, we are so sorry that you had this experience. Can you please email us at support@kalshi.com so we can look into this and fix it for you?
  • I don’t like the way the app and set up where you have to buy. Big amounts only.

    I’m a little guy just playing around with little money and I don’t like on the app set up like I literally got to spend 100 I don’t even have that in my account. I’m just a small fry playing in a small pool so I have to use. Unfortunately the bookmark app on my iPhone to bookmark the main site because that’s the way it’s done where I can just buy singles and at my low bottom of the barrel price you guys need to fix that
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    Developer Response

    Hey there, we are so sorry that you had this experience. Can you please email us at support@kalshi.com so we can look into this and fix it for you?
  • Fun and easy to use

    I’ve used this app for a week or so and I’m loving it so far. I love all of the different features and topics you can get into as well. Well done.
  • Wanted something like this for years

    I’m in the process right now of turning $120 into nearly $400 off the kingdom of planet of the apes movie because I’m familiar with the series and knew it was gonna be good far above a 75 rotten tomatoes. This app is excellent. I’ve always wanted something like this where you could trade on the success of a video game or something that you know would be great. This might be the key to achieving real financial independence which is very difficult for a young man and today’s world and I’m diving in baby!
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  • Good functionality

    The app has basically all of the functionality of the desktop version - the only bug I can find is that last price on the app (eg what's shown between bids and asks in the order book, or in "Activity" tab, and a few other places) is always the "yes" price, even when looking at "no"s. This differs from web behavior.
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  • Option terms changed while market was open

    The option terms changed while the market was open to exclude a surprise double album release. This left a two hour gap in which the option terms were met and should have closed. Scummy move.

    I do not trust a company that doesn’t respect events as they happen.

    Developer Response

    Hey there, we are so sorry that you had this experience. Can you please email us at support@kalshi.com so we can look into this and fix it for you?
  • This app has ruined my life in the best way possible

    For years, I have been yearning for a way to blow the last of my inheritance in a mask of intellectualism. Event trading has filled that niche.
  • I love Kalshi!

    Kalshi is amazing. It is hands-down the best prediction market out there. If you don’t know what prediction markets are, get ready for your new obsession!

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