🏦How are my deposits processed?

Kalshi is partnered with LedgerX LLC, a clearinghouse regulated by the Commodity Futures Trading Commission (CFTC), and Plaid to process deposits and ensure secure trades for every member.

Money deposited into the exchange is held by LedgerX. LedgerX is approved by the CFTC to clear Kalshi's contracts. Accordingly, the clearinghouse takes custody of all customer funds and validates all activity with Kalshi prior to effecting changes to any account.

What is a clearinghouse?

A clearinghouse serves as an intermediary between two parties that are engaging in a financial transaction or exchange of assets. The primary purpose of a clearinghouse is to ensure that both parties fulfill their obligations to the other, providing stability and peace of mind over the course of the exchange.

Kalshi utilizes Plaid to securely connect a member's bank account with their Kalshi account. A member's bank account is linked with their Kalshi account to enable automated clearing house (ACH) deposits and withdrawals. ACH allows secure transfers between the member's bank account and Kalshi account without the need for paper checks, wire transfers, or credit card networks.

Before a member's sensitive banking information is sent to Kalshi, it is encrypted end-to-end so it is not compromised or viewed by unwanted parties during transit. Plaid never shares a user's login information with Kalshi at any time and never sells user data to third parties.

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