Log In

Kalshi Adds Solana Support for Faster Crypto Deposits

Published 2 weeks ago2 minute read
Kalshi Adds Solana Support for Faster Crypto Deposits

Kalshi, a regulated U.S.-based prediction market platform, has expanded its cryptocurrency support by adding Solana (SOL) deposits. This new feature enables users to fund their accounts using Solana-compatible wallets. The announcement was made on X by the company.

With this update, Solana becomes the fourth cryptocurrency accepted on the platform. Users can now deposit using USDC, Bitcoin (BTC), Solana (SOL), and WLD, the native utility token of Worldcoin. The integration of WLD is facilitated through Kalshi’s prediction market app within the World App ecosystem. These growing crypto integrations are powered by Kalshi’s partnership with Zero Hash, a leading infrastructure provider for crypto and stablecoin settlement.

According to the company, "Adding Solana offers our users faster, cheaper funding and broader access to crypto-native financial tools." While Kalshi also accepts traditional payment methods like debit cards, bank transfers, and wire deposits, crypto deposits offer notable advantages. The company’s website states that users using crypto benefit from faster processing times and higher deposit limits, capped at $500,000.

This move highlights Kalshi’s efforts to attract Web3-native users and institutional participants, particularly those seeking high-speed, low-cost funding mechanisms in the competitive prediction market landscape. As crypto adoption grows within regulated financial services, Kalshi’s integration with Solana positions the platform to broaden its reach among blockchain-savvy users and further differentiate itself in the predictive betting and forecasting space.

Author Kosta, who has been with the team since 2021, is noted for his dedication, thirst for knowledge, and "detective-like" mindset. He covers a wide range of trending topics, creates reviews, PR articles, and educational content, and his work has been referenced by other news outlets.

Source: https://coindoo.com/prediction-market-kalshi-adds-solana-support-for-faster-crypto-deposits/

From Zeal News Studio(Terms and Conditions)

Recommended Articles

Loading...

You may also like...