Kalshi vs Crypto.com Prediction Markets
Kalshi
Regulated exchange · USD · United States
8.0 out of 10, editor score
- +Regulated: CFTC-designated contract market — Kalshi (CFTC DCM register: “Designated”, 3 November 2020)
- +$10 minimum deposit
- +7 market categories
Crypto.com Prediction Markets
Regulated exchange · USD · United States
5.8 out of 10, editor score
- +5 market categories
- +iOS and Android apps
Verdict
Both are CFTC-regulated, but Crypto.com’s prediction trading is US-only and runs inside the Crypto.com app, while Kalshi is a stand-alone exchange open to many countries. Kalshi scores higher on our model; Crypto.com publishes one of the clearest fee schedules — no maker fee and a small fixed taker fee per contract.
Row by row
The edge on each row is marked. Built automatically from the platform records, so it never drifts from the reviews — rows that describe rather than rank, like jurisdiction or market categories, say “no edge” instead of picking a side.
| Criterion | Kalshi | Crypto.com Prediction Markets | Edge |
|---|---|---|---|
| Overview | |||
| Editor Score | 8/10 | 5.8/10 | Kalshi |
| Type | Regulated exchange | Regulated exchange | No edge |
| Launched | 2021 | — | No edge |
| Mobile apps | iOS, Android | iOS, Android | No edge |
| Fees | |||
| Fee conditions & evidence | The general taker formula is 0.07 × multiplier × contracts × price × (1 − price), subject to schedule rounding. Maker fees use 0.0175 with a default multiplier of zero, but selected series charge maker fees. No settlement fee; funding charges depend on the payment method. Review evidence · Official fee source | For the Prediction Trading feature covered by the linked help page, taker fees range from $0.01 to $0.0175 per contract; maker and settlement fees are zero. These are per-contract amounts, not percentages of the trade. Review evidence · Official fee source | Depends on the trade |
| Maker fee | See fee conditions above | 0% | No edge |
| Taker fee | See fee conditions above | See fee conditions above | No edge |
| Withdrawal fee | — | — | No edge |
| Deposits and withdrawals | |||
| Minimum deposit | $10 | — | No edge |
| Currencies | USD | USD | No edge |
| Markets | |||
| Market categories | Politics, Sports, Crypto, Economy, Entertainment, Science, Other | Politics, Economy, Sports, Entertainment, Other | No edge |
| Public API | Yes | — | No edge |
| Access and regulation | |||
| Jurisdiction | United States | United States | No edge |
| Licensing | CFTC-designated contract market — Kalshi (CFTC DCM register: “Designated”, 3 November 2020) | — | No edge |
| KYC required | Yes | Yes | No edge |
| KYC trigger | Mandatory before trading. Kalshi requires full legal name, date of birth, a residential address (no PO boxes or commercial addresses) and a live photo of a government ID — driver’s licence or passport — and states it is “mandated to gather this specific information from all Kalshi users due to our regulatory obligations under United States (US) law”, with proof of address, employment information or source of funds possible on top (help.kalshi.com, read 31 July 2026). | Requires a Crypto.com USD Cash Account; Prediction Trading is offered by CDNA. The exact identity-verification requirements are not stated on the help-centre article. | No edge |
| Supported countries | — | — | No edge |
Regulation
Kalshi is a designated contract market in its own right. Crypto.com’s contracts are offered by Crypto.com | Derivatives North America (CDNA), which Crypto.com describes as a CFTC-regulated exchange.
Costs and access
Crypto.com states a maker fee of $0 and a taker fee of $0.01 to $0.0175 per contract; Kalshi publishes a price-dependent formula. Crypto.com’s product is available in the United States only — and not in New York, where the Crypto.com App is not offered.
Which one suits you
Choose Kalshi if…
→Traders outside the US, and anyone who wants the widest list of regulated markets.
Choose Crypto.com Prediction Markets if…
→US Crypto.com users who want event contracts in the app they already use, with a simple per-contract fee.
FAQ
- Is Crypto.com prediction trading available outside the US?
- No. Crypto.com’s own help centre describes the product as US-only.
- Which is cheaper, Kalshi or Crypto.com?
- It depends on the contract price and size. Crypto.com charges a flat $0.01–$0.0175 per contract to takers and nothing to makers; Kalshi’s fee varies with price. The fee table on this page compares them on the same trade.