Kalshi sets initial $2,500 deposit limit for young adults

Kalshi will start traders aged 18–20 with a $2,500 monthly deposit limit, Reuters reported on October 27, citing the company.

New traders whose balances exceed $1,000 will also receive an alert if one trade uses more than a quarter of their funds, Reuters said. A deposit limit controls incoming funding; it does not guarantee that a trader cannot lose money.

Safeguards for adults and account access by minors

A ConnectSafely parent guide dated October 26 explains the separate issue of under-18 access. It says Kalshi requires adult users to verify their identities and may request a live selfie. It also warns that minors can attempt to use an adult’s identity or account.

The guide recommends securing login details and identity documents, using available account-security features, and discussing the financial and behavioural risks of repeated trading. It discloses that Kalshi financially supports ConnectSafely, while the nonprofit retains responsibility for the guide’s content.

Those distinctions matter: the newly reported deposit measure concerns eligible young adult traders. Preventing a child from entering through someone else’s account requires account-access controls.

Earlier controls remain part of the background

Kalshi’s May 4 customer-protection announcement described default Face ID for compatible users, additional selfie checks, an identity-use check and an optional feature giving selected friends or family visibility into trading activity.

That earlier release also described personalised deposit-limit recommendations based on trading behaviour. It is background to the October development, rather than the source of the newly reported $2,500 starting limit.

Prediction Frontier is separately covering New York’s request for Kalshi records, which includes questions about customers younger than 21.