How to Withdraw Money from Kalshi: Complete Guide

Withdrawing money from Kalshi is simple and free via ACH bank transfer. Funds typically reach your bank account in 1-3 business days with no withdrawal fees or minimums.

Available Withdrawal Methods

ACH Bank Transfer (Recommended)

• Cost: Free (no fees)
• Processing time: 1-3 business days
• Minimum: No minimum withdrawal amount
• Maximum: No limit (withdraw full balance if desired)

Wire Transfer

• Cost: May have bank fees on your end
• Processing time: Same day to 1 business day
• When to use: Large withdrawals where speed matters
• (Note: Check with Kalshi support for wire availability)

Step-by-Step Withdrawal Guide

Step 1: Ensure Available Balance

Before withdrawing, make sure funds are available:

• Close or settle any open positions
• Wait for pending orders to fill or cancel them
• Verify your account balance shows the amount you want to withdraw

Step 2: Navigate to Withdrawals

1. Log in to your Kalshi account (web or mobile app)
2. Go to your account settings or profile
3. Click "Withdraw" or "Cash Out"

Step 3: Enter Withdrawal Details

• Amount: Enter how much you want to withdraw (or select "All")
• Bank account: Confirm the linked bank account
• Review: Double-check the amount and destination

Step 4: Submit the Request

• Click "Confirm Withdrawal"
• You may need to verify with 2FA if enabled
• You'll receive a confirmation email

Step 5: Wait for Processing

• Kalshi processes withdrawals on business days
• ACH transfers typically take 1-3 business days to hit your bank
• Track status in your account activity or transaction history

Withdrawal Processing Times

Withdrawal Fees

Kalshi charges zero withdrawal fees:

• ACH transfers: Free
• No minimum: Withdraw any amount without fees
• No maximum: No fees regardless of withdrawal size
• Your bank: Check if your bank charges incoming ACH fees (rare)

Withdrawal Requirements

To withdraw, you must:

• Verified account: Complete KYC (identity verification)
• Linked bank account: Have a verified bank account on file
• Available balance: Funds not tied up in open positions or pending orders
• Account in good standing: No restrictions or compliance issues

Common Withdrawal Issues

Withdrawal Delayed or Pending

If your withdrawal is taking longer than expected:

• Check if it's a bank holiday or weekend (processing resumes on business days)
• Verify your bank account details are correct
• Contact Kalshi support if it's been over 5 business days

Withdrawal Rejected

Possible reasons for rejection:

• Unverified account: Complete KYC verification
• Incorrect bank info: Update your linked bank account
• Compliance review: Large or unusual withdrawals may trigger manual review
• Open positions: Close all trades to free up balance

Can't Find Withdrawal Option

• Ensure you're on the latest app version
• Try accessing from web instead of mobile (or vice versa)
• Check account status for any restrictions

Withdrawal Limits

Kalshi generally has no withdrawal limits:

• No minimum: Withdraw even small amounts
• No maximum: Withdraw your full balance in one transaction
• Frequency: No limit on how often you can withdraw
• Large withdrawals: Very large amounts ($50K+) may require additional verification

Tax Implications of Withdrawals

Withdrawing doesn't trigger taxes directly, but:

• Profits are taxable: Gains from trading are taxable when realized (when you close positions)
• Withdrawals are just cash movement: Moving money out of Kalshi doesn't create a taxable event
• 1099 reporting: Kalshi reports your annual gains/losses to the IRS regardless of withdrawals

Best Practices for Withdrawals

• Withdraw regularly: Don't leave large balances idle if you don't need them for trading
• Keep working capital: Leave enough for active trading positions
• Verify bank info: Double-check account details before first withdrawal
• Track transaction history: Keep records of all deposits and withdrawals for tax purposes
• Enable 2FA: Protect your account from unauthorized withdrawals

Bottom Line

Withdrawing from Kalshi is fast, free, and straightforward. ACH transfers take 1-3 business days with zero fees. Unlike some platforms, there are no withdrawal minimums, maximums, or hidden charges.

Most users report smooth, reliable withdrawals with no issues — a major advantage over offshore platforms where withdrawal problems are more common.