Does Kalshi require KYC?

Yes. Kalshi requires full KYC verification including a government-issued ID and Social Security number. This is because Kalshi is regulated by the CFTC as a designated contract market in the United States. The verification process typically takes a few minutes to a few hours. Kalshi is only available to US residents. This regulatory compliance is why Kalshi can offer fiat deposits and issue 1099-B tax forms.

Read the full analysis: Full comparison of Polymarket and Kalshi regulation and requirements

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Last updated: March 2026