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Polymarket vs Kalshi

The two dominant prediction markets: Polymarket's crypto-native breadth vs Kalshi's US-legal regulated exchange.

Polymarket

Bet on anything

Rating 4.6 · Decentralized

Kalshi

Trade on the future

Rating 4.7 · CFTC-regulated DCM

$20 free trade credit

Head-to-head

OperatorRatingTop bonusMin depositPayoutKYCVisit
Polymarket4.6$11hNoVisit
Kalshi4.7$20 free trade credit$048hYesVisit