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KALSHI Policy

Geo Restrictions

Kalshi eligibility rules by state and residency determine who can trade; check Kalshi’s published list for current limits.

Detailed explanation

Geo restrictions define who is allowed to trade Kalshi markets based on residency, state-of-residency, and regulatory compliance. Kalshi operates in the U.S. as a CFTC-regulated DCM, but individual states may restrict access to sports contracts or other categories. The list of eligible states can change, so traders should verify Kalshi’s published eligibility list before opening an account or placing trades.

In practice, geo restrictions affect onboarding, eligibility for certain market types, and the availability of trading in a given state. Violations can occur if you trade from a prohibited state or with an unqualified residency status, so staying up-to-date with Kalshi’s regulatory notices is essential for compliant trading.

Worked example

If you’re in a compliant state and see a market with YES at 42¢ and NO at 56¢ (78¢ total), you can try a complete bid/ask pair. The edge arises from the sum being less than $1.00, creating a small but observable arbitrage opportunity after fees.

FAQ

What are geo restrictions on Kalshi?
They’re state- and residency-based eligibility rules that limit who can trade certain Kalshi markets or access the platform at all, per regulatory compliance.
How do I verify my eligibility?
Check Kalshi’s published eligibility list and ensure your state of residence and identity meet their KYC and regulatory requirements before trading.

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