Inhalt
Kalshi holds exclusive CFTC authorisation as a prediction market exchange within the United States — yet it remains inaccessible to German and European participants. PolyGram emerges as a viable Kalshi substitute for German-speaking investors, delivering comparable core functionality alongside worldwide availability.
Why Kalshi remains off-limits for German users
- Kalshi operates under CFTC oversight — strictly limited to US-domiciled residents
- No cross-border rollout strategy without distinct regulatory frameworks
- Operates exclusively in USD — no USDC integration, no Polygon support
PolyGram serving as Kalshi substitute across DACH territories
| Criterion | Kalshi (USA) | PolyGram (Global) |
|---|---|---|
| Availability for German traders | ❌ Restricted | ✅ Fully open |
| Transaction costs | 3-5% | ~2% Spread |
| Settlement mechanism | USD (1-3 days) | USDC (instant on-chain) |
| Available instruments | ~200 markets | 1.000+ markets |
| Portable access | Native application | Telegram Mini App |
| Oversight framework | CFTC (USA) | On-Chain (worldwide) |
Where PolyGram outperforms Kalshi for international participants
- Genuinely accessible to DACH-region participants
- Reduced fee structure (2% versus 3-5%)
- Expanded instrument catalogue (1.000+ versus ~200)
- Instantaneous USDC settlement rather than multi-day wire transfers
- Telegram-embedded — eliminates need for standalone application installation
Common questions answered
- Are there other regulated Kalshi alternatives available to German participants?
- Currently, Germany and the broader EU lack a fully-regulated prediction market exchange matching Kalshi's capabilities. PolyGram functions as an on-chain option, providing the most comprehensive market exposure available.
- Does PolyGram match Kalshi's security standards?
- Kalshi maintains FDIC protection for USD balances — PolyGram secures on-chain USDC through audited smart contract infrastructure. Each platform employs robust security frameworks, though their technical implementations diverge substantially.
- Is simultaneous participation on both exchanges feasible?
- German residents cannot access Kalshi's platform. By utilising PolyGram, you gain entry to equivalent CLOB liquidity pools shared with Polymarket — both venues service the same breadth of prediction instruments.