If you’ve recently visited the Kalshi prediction market site, you may have spotted a new perpetual futures section of the website. But what exactly are Kalshi perpetual futures and how can you trade in them?
We’ll be tackling those key questions in this guide, as well as giving you some essential tips for getting the best value out of perpetual futures trading. Better yet, if you’ve not yet opened your Kalshi account, we’ve got news of an exclusive welcome offer that gives you a $10 bonus when you sign up and buy your first contracts.
What are perpetual futures? Seven essential facts
To ensure you have a comprehensive understanding of the answer to the question ‘What are perpetual futures?’, here are some essential facts you need to know:
- Perpetual futures are prediction markets that let you trade on the price of a cryptocurrency.
- To make your trade, you need to predict whether the price of the crypto will go up or down.
- At no point do you actually hold shares in the crypto; you are merely trading on the market price.
- If you think the price of the crypto will go up, you can ‘Long’ the price and receive a profit if the price does go up. However, if the price drops, you will make a loss on your investment.
- Alternatively, if you ‘Short’ a market price, you are predicting that the value of the crypto will go down. In these instances, you make a profit if the crypto price drops, but a loss if the price goes up.
- Before placing your first trade, you need to create a margin account and set your leverage. This allows you to trade a larger position without needing to put that amount of money up front.
- You can trade out of your position at any point to either collect your profit or ensure you do not incur any more losses.
Pros and cons of perpetual futures
To help you decide whether Kalshi perpetual futures are right for you, here are the main pros and cons associated with trading perps:
Pros and Cons
- Innovative way of trading crypto prices
- Set limits on your losses
- Available throughout the United States
- Crypto prices can rise rapidly
- Crypto prices can fall extremely quickly
What are the main differences between perpetual futures and prediction markets?
As perpetual futures are found at prediction market sites such as Kalshi, the big question is ‘Perpetual futures vs prediction markets – what’s the difference?’ Here are just some of the ways in which the two trading methods differ:
| Feature | Prediction markets | Perpetual futures |
| What are you trading on? | The likelihood of a specified event occurring | The price movement of a cryptocurrency |
| Verification | You can use prediction markets as soon as you have a verified account at prediction market sites. | Before trading on perps, you need to create a margin account that is separate from your main prediction market account, plus complete some mandatory training. |
| End date | Yes | No |
| Leverage | No | Yes |
Introducing Kalshi – A fantastic choice for perpetual futures trading
There are a lot of great prediction market brands out there, but in our expert opinion, Kalshi is one of the best perpetual futures prediction market sites to join, especially if you are new to the world of perpetual futures trading. A key reason why we are such big fans of Kalshi is the brand’s sensational website, which makes it extremely straightforward to find the markets you are looking for. Better still, the superb design of their prediction market pages gives you an abundance of useful information, which allows you to spot trends and identify your ideal trades, regardless of whether you are looking at sports, finance, politics, culture or any of the other topics covered by Kalshi’s prediction markets.
When it comes to perpetual futures, Kalshi currently has markets for around 15 major cryptos, including Bitcoin, Dogecoin, Ethereum and Solana. The page for each perp has an order book displaying recent trades, plus a line graph showing recent price movement. We were also hugely impressed by the fact that the perpetual futures pages all contained links to recent, relevant industry news, as well as details of key crypto information, such as the market cap and the circulating supply.
Away from the markets and perps, Kalshi has an extensive customer support section which contains in-depth articles to help you get to grips with exactly how their markets and perps work. And thanks to the user-friendly payment platform on the Kalshi website, you will never have any problems funding your account or withdrawing the profits from any successful trades. All in all, Kalshi is a truly world-class prediction market and perpetual futures site that we can thoroughly recommend checking out.
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Join Kalshi today and start trading
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How to get started at Kalshi
If you like what you’ve read about Kalshi and want to open an account at the site, then the good news is that new traders at Kalshi can currently collect a $10 bonus when they sign up and place at least $10 in contracts. To get your hands on this excellent welcome deal, you simply need to follow these steps.
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Visit the Kalshi website by clicking the linked banners on this page or in our Kalshi review.
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Click the Sign Up button at the top of the Kalshi homepage.
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Complete the short registration form by providing a few personal details such as your full postal address, email address and date of birth.
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After submitting your registration form, go to the Kalshi payment page and deposit $10+ into your account using one of the accepted payment methods.
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Place trades of $10 or more on any upcoming prediction market.
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After your trades have settled, you will receive a $10 bonus. This bonus can be used on any prediction market or perpetual futures and needs to be used once before any profits can be withdrawn.
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After 30 days, any unused bonus funds will be removed from your account.
Five expert tips for Kalshi perpetual futures
Once you’ve joined Kalshi and picked up your $10 bonus, it’s time to head to the Perps page and make some crypto price trades. Here are five expert tips to help you find the right trades:
📚 Learn everything there is to know about perps
In addition to setting up a margin account, new futures traders at Kalshi are also required to complete some compulsory training on perpetual futures. Take this training seriously and don’t skim through it. On top of that, do your own research into perps (the expert articles here at The Gruelling Truth are an excellent starting point) so that you are completely au fait with exactly what to do before you begin.
🔍 Thoroughly research the markets
Before placing any perpetual futures trades, do as much research as possible into recent market trends and read up on the latest industry news. It is also a good idea to stay on top of broader economic news relating to areas such as interest rates and elections, as these issues can have a knock-on impact on crypto prices. Arming yourself with this information will put you in the best possible position to make accurate forecasts on how a crypto price will change.
As we outlined in our Coinbase review, crypto prices can be extremely volatile. As such, it is essential to set yourself a budget before you start perps trading. In particular, carefully think about how much you can afford to lose without it becoming a financial problem. When you have decided upon your budget, you can set your leverage and place your trades in accordance with that budget. Remember, the higher your leverage, the higher your potential losses. Then, once you begin trading, stick to your budget and resist the temptation to increase your leverage, even if trades are now going your way.
🛠 Use the Stop Loss and Take Profit tools
The Kalshi perps trading pages have useful Stop Loss and Take Profit tools that allow you to automatically trade out of your perps if your profits or losses reach your specified thresholds. Whilst these tools are not compulsory, we can highly recommend using them whenever you place a trade. Doing this will enable you to lock in a profit if your trade is going well, plus put a cap on your losses if things are not going to plan.
👀 Closely monitor your trades
By keeping a close eye on your perps, you will be able to identify the best times to exit your positions. For example, if you are making a profit on a long trade, but the crypto price has become stagnant, it may be a good idea to exit your position before the price begins to fall. Similarly, if you are making a loss and all the signs are pointing towards that loss getting larger, don’t be afraid to exit your position. Whilst taking a loss may seem counterintuitive, it can sometimes be the sensible play as it will prevent you from accruing a much larger loss.
Summing up – The perfect time to give Kalshi perpetual futures a try
Here at The Grualling Truth, we absolutely love Kalshi’s collection of crypto perpetual futures. Not only are the markets hugely innovative, but because of the huge volume of trading information available on the Kalshi website, it is incredibly easy to assess the markets and find your ideal options.
Thanks to the exclusive $10 welcome bonus featured in this article, there has never been a better time to open a new account at Kalshi. So why not hit our links today and discover exactly why Kalshi is the number one site for perpetual futures trading.
Kalshi perpetual futures – FAQs
👛 Are Kalshi perpetual futures regulated?
Yes. The prediction markets and perpetual futures at Kalshi are all fully regulated by the Commodity Futures Trading Commission (CFTC). As such, you can trade at Kalshi safe in the knowledge that your funds will be secure and any profits will be paid out in full.
⛓️ Which crypto perpetual futures are available at Kalshi?
Currently, there are around 15 different cryptos available to trade at Kalshi. This includes popular cryptos such as Ethereum, Solana and Ripple. For a full list of the crypto markets on offer at Kalshi, make sure you read our in-depth Kalshi review.
🇺🇸 Who can trade perpetual futures at Kalshi?
To join Kalshi and trade perpetual futures, you need to reside in the United States and be at least 18 years old.
