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Chalkboard vs Kalshi

Side-by-side comparison of fees, regulation, markets and offers (updated for 2026).

Kalshi · Trade $25 and Get $25!

21+ · T&Cs apply

Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.

We earn a commission · Disclosure

Comparison data current as of: August 25, 2026

TL;DR

Chalkboard vs Kalshi: who wins for US traders in 2026?

Winner: Kalshi (92/100). Kalshi beats Chalkboard primarily because Kalshi is the only platform built from the ground up as a CFTC-regulated Designated Contract Market.

Reviewed by PredictionRanks Editorial Team.

Kalshi · Trade $25 and Get $25!

RANKPREDICTS

Claim on Kalshi (opens in a new tab)

Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.

Last checked October 27, 2026

Metric

Chalkboard

Score 68/100

Kalshi

Score 92/100

Regulator

Sweepstakes (state law)

CFTC (Designated Contract Market)

Available Markets

Sports + Culture

Politics, Macro, Sports, Crypto, Climate

Sports Contracts

✓

✓

Fees / Commission

Sweepstakes dual-currency

Per-contract fee, shown before you confirm

Min Deposit

Varies

$10

Mobile App

✓

✓

Crypto Deposits

✗

✗

Promo Offer

New user welcome offer

Trade $25, get $25 — code RANKPREDICTS

Our Verdict

Sports + culture in one app.

Best all-around US prediction market.

Editorial winner

Kalshi wins this matchup

Score 92/100 · Trade $25 and Get $25!

Start Trading on Kalshi (opens in a new tab)

Disclosure: We have an affiliate relationship with Kalshi. We do not have an affiliate relationship with Chalkboard. All reviews are independent of commercial relationships.

Frequently asked questions

Is Chalkboard or Kalshi better for US traders in 2026?

Kalshi edges out Chalkboard with an editorial score of 92/100 vs 68/100. Kalshi is the only platform built from the ground up as a CFTC-regulated Designated Contract Market.

What are the fees on Chalkboard vs Kalshi?

Chalkboard charges Sweepstakes dual-currency. Kalshi charges a transaction fee when a trade is executed, based on the contract price and the number of contracts; it is shown in the order ticket before you confirm.

Which is more regulated, Chalkboard or Kalshi?

Chalkboard operates under Sweepstakes (state law). Kalshi operates under CFTC (Designated Contract Market).

What's the minimum deposit on Chalkboard compared to Kalshi?

Chalkboard: Varies. Kalshi: $10.