Kalshi is adding deposit caps & trading alerts for 18-20 year olds, according to Bloomberg News.
The hit
Kalshi is capping monthly deposits at $2,500 for users aged 18 to 20, according to Bloomberg News. Those users go into automatic “special accounts” built to curb risky behaviour, & anyone with over $1,000 who puts more than 25% of their balance on one bet gets an alert to diversify.
Why it matters
Studies indicate most Kalshi customers lose money, according to Bloomberg News. CEO Tarek Mansour says speculators fare poorly with options & futures too, & he’s open to regulators raising the prediction market age limit to 21. A Kalshi spokesperson says 18 to 20 year olds’ trading is already monitored, & users showing risky trading patterns get direct outreach with suggested changes to slow them down.
The record
| Parent-focused partners named | Parent ProTech & ConnectSafely (Kalshi) |
|---|
What happens next
Watch whether other prediction markets follow Kalshi’s deposit caps for young traders.
Sources: Kalshi limits monthly deposits for users under 21
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