In this guide
Kalshi emerged as the inaugural CFTC-regulated prediction market exchange, granting American traders access to a fully compliant trading venue. Yet regulatory oversight introduces substantial friction: elevated transaction costs, constrained market breadth, protracted fund settlement, and territorial access barriers. Discover why an increasing number of traders are migrating to PolyGram instead.
Kalshi vs PolyGram: Direct Comparison
| Factor | Kalshi | PolyGram |
|---|---|---|
| Regulatory status | CFTC-regulated (US) | On-chain (globally accessible) |
| Geographic access | US only | Global, no restrictions |
| Trading fees | 3-5% per trade | ~2% spread |
| Settlement time | 1-3 business days | Instant (on-chain) |
| Settlement currency | USD (bank transfer) | USDC (Polygon) |
| Market selection | ~100-200 markets | 1,000+ markets |
| Mobile access | App | Telegram Mini App |
| Minimum deposit | $1 | No minimum |
Kalshi's Advantages (When It Matters)
Kalshi does deliver tangible benefits for particular trader segments:
- Explicitly authorised and overseen for US-based participants — no regulatory uncertainty
- FDIC protection on fiat holdings up to $250,000
- Institutional-grade support and complaint handling via official regulatory frameworks
- Straightforward dollar-denominated trading without blockchain technical requirements
Why Most Traders Prefer PolyGram
- Superior economics: A 2% spread versus Kalshi's 3-5% fee structure yields material savings when executing numerous positions
- Expanded selection: Kalshi maintains roughly 200 listings; PolyGram delivers 1,000+ through Polymarket's CLOB infrastructure
- Worldwide participation: PolyGram operates without geographic boundaries; Kalshi restricts entry to US residents
- Immediate finality: On-chain USDC settlement versus multi-day conventional banking delays
- Telegram integration: Execute trades seamlessly within your messaging application without platform switching
Getting Started on PolyGram
Transitioning from Kalshi to PolyGram requires minimal effort — typically accomplished in under five minutes. Launch the Mini App, authenticate via Telegram, and fund your account through the integrated deposit solution. You'll gain instant access to substantially more opportunities at reduced transaction expenses.
FAQ
- Is PolyGram legal in the US?
- PolyGram functions as a decentralised protocol on the Polygon blockchain. Whilst Polymarket implements geographic filtering for American users, PolyGram itself maintains open international access. Seek qualified counsel regarding your jurisdiction's specific requirements.
- Can I transfer my Kalshi balance to PolyGram?
- Direct account transfers are unavailable; you must liquidate your Kalshi position in USD, exchange for USDC, and then deposit via Polygon. PolyGram's onboarding infrastructure streamlines this conversion sequence.
- Does PolyGram have the same markets as Kalshi?
- PolyGram's catalogue exceeds Kalshi's offerings, encompassing every major category present on Kalshi alongside supplementary international prediction categories absent from the CFTC-regulated venue.