Kalshi Adds BNB, USDT, and USDC Deposit and Withdrawal Support on BNB Chain
Kalshi expands its crypto payment options for prediction markets, adding USDC access for international users alongside BNB and USDT on the BNB Smart Chain.
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Fact Check
The assessment is based on multiple, high-authority, and highly relevant primary sources that directly and consistently corroborate the statement. The most compelling evidence comes from official announcements by both parties involved in the integration. An announcement on Kalshi's own news blog explicitly confirms the addition of deposit and withdrawal support for BNB, USDT, and USDC on the BNB Smart Chain. This is independently verified by a second primary source, the official blog of the BNB Chain organization, which confirms from its side that Kalshi has enabled these features. A third high-relevance source further supports this announcement. The remaining sources are either irrelevant to the specific claim (discussing the TRON network or other platforms) or are low-authority sources that lack specific details. There is no conflicting evidence among the provided materials, making the case for the statement's truthfulness exceptionally strong.
Summary
Kalshi, a CFTC-regulated prediction market, announced support for deposits and withdrawals via BNB Smart Chain. U.S. accounts can use BNB and USDT, while international accounts gain access to BNB, USDT, and USDC through connected exchanges. This move broadens the platform’s payment capabilities for event-based trading across jurisdictions.
Terms & Concepts
- BNB Chain: A blockchain network developed by Binance, designed for running smart contracts and decentralized applications.
- USDT (Tether): A stablecoin pegged to the value of the U.S. dollar, widely used for cryptocurrency trading and transactions.
- USDC (USD Coin): A regulated U.S. dollar-backed stablecoin issued by Circle, used for secure and stable digital payments and transfers.