Kalshi Referral Code – Get $25 in Trading Credit

Best Kalshi referral code (November 2026)

The Kalshi referral code is lygawxdz. Use it when you sign up, or sign up through our invite link above, which has the code built in. You and the friend who invited you can each get $25 in trading credit, after you both trade $25. Kalshi is a U.S. exchange where you trade on the outcome of real-world events such as sports, politics and the economy. The credit is a trading credit and not cash, and it expires quickly, so read the details below before you start.

What do you get with the Kalshi referral code?

Based on the referral offer shown in the Kalshi app in November 2026:

• You have to be a new Kalshi user who signs up through a friend’s link or code.
• You sign up, then you each trade $25. The referral reward unlocks after your trade.
• You and the friend who referred you each get $25, paid automatically once you qualify.
• The reward is issued as trading credit that expires after 7 days if unused. Place your trade as soon as the credit lands.
• Each new user can redeem only one referral offer. If you qualify for more than one, the first one you qualify for is the one that counts.

Kalshi says referral rewards can come as credits with withdrawal restrictions, and that amounts and requirements can vary by account and by promotion. Check Your rewards in the app for the exact offer you see. Kalshi may also ask you to verify your identity before the reward unlocks.

How to use the Kalshi referral code

1. Click our Kalshi invite link, which attaches the referral code automatically. If you are signing up in the app instead, copy the code from the box above.
2. Create your Kalshi account and verify your identity. You need to be a U.S. resident, and Kalshi’s referral offers are only available to eligible U.S. users. State availability varies, so confirm yours during signup.
3. Fund your account and make trades totaling $25.
4. Your $25 credit unlocks after your trade. Use it within 7 days.

Already signed up without the link? Kalshi lets you add a referral code within 72 hours of creating your account, as long as no code is attached yet. In the app, go to Explore, open the menu, tap Your rewards, then Have a code? and enter lygawxdz. You can’t swap codes once one is applied.

Earn $25 per friend with the Kalshi referral program

Once you have your own Kalshi account, you can refer friends and earn the same offer:

• You may need to unlock referrals first. In our experience, Kalshi didn’t let us refer friends until we had traded $25 on predictions and $50 on Kalshi Invest (perps). Check Your rewards in the app to see whether your referral offer is unlocked.
• You earn $25 for each new friend who signs up through your link and trades $25.
• You can refer as many friends as you like and earn up to $1,000 in total, which works out to about 40 successful referrals. After you hit the cap, your friends can still get their bonus.
• Your rewards are credits with the same 7-day expiry.

Kalshi perpetuals referrals (Kalshi Invest and Kalshi stocks)

Kalshi runs a separate referral offer for perpetual futures (perps), often called Kalshi Invest or Kalshi stocks, with its own code. A new friend who signs up with it and trades $50 in perps gets 10% off their perps fees for 3 months, and you earn 30% of their trading fees for a year, up to $1,000 per friend. Because each new user can redeem only one referral offer, a friend should pick one code, not both. Perps are leveraged and carry more risk than most event contracts. See our Kalshi perps referral code page for the code, the details and the risks.

How to find your Kalshi referral link and code

1. Open the Kalshi app and tap Explore.
2. Open the menu and tap Your rewards.
3. Open the Prediction referrals offer. Your invite link is there, with a toggle to personalize it with your first name.
4. Share the link. Kalshi recommends sharing the full link so the code is applied automatically.

Check Your rewards before you share, because the offer you see can differ from the one described here. If you don’t see an invite link yet, you may still need to complete the trades that unlock referrals.

Is Kalshi legit?

Kalshi is a regulated exchange for event contracts, and its app has about 651,000 App Store ratings averaging 4.8 stars. Before you sign up, keep these in mind:

• Trading involves risk. You can lose money on every contract, so only trade what you can afford to lose.
• The referral credit is not cash. It expires after 7 days if unused, may carry withdrawal restrictions, and you have to trade $25 to unlock it.
• Kalshi’s referral amounts, caps and expiry dates can change, and some offers vary by account or state.
• Event contracts, including sports contracts, are restricted in some states.

This is not financial advice. Read Kalshi’s referral FAQ and the offer terms in the app before you sign up.