Prediction market Kalshi expands safeguards for young traders - The
Kalshi is tightening safeguards for traders aged 18 to 20, introducing a $2,500 monthly deposit limit and alerts for users who put a large share of their funds into one trade. The prediction market also announced partnerships with youth safety groups as scrutiny over gambling risks grows
Kalshi is strengthening guardrail for young-adult traders on its prediction market platform, as it seeks to curb addiction and promote responsible trading ahead of US midterm elections. The safeguards will be applicable for traders aged between 18 and 20 years, Kalshi said on Tuesday. The category of traders will start with a $2,500 monthly deposit limit, creating a prevention to massive losses that can be incurred on the platformKalshi will alert new traders with balances exceeding $1,000 who allocate more than 25% of their funds to a single trade, encouraging them to diversify.
