KYC
Last reviewed 2026-08-07
KYC — definition
Know-Your-Customer: the ID and address verification a regulated exchange must do before letting you trade.
Kalshi requires KYC because it's a US-regulated exchange. Expect to upload a government ID and pass a fraud check.
Polymarket does not require KYC for trading but US users are technically restricted by terms of service.
Learn more: How to use Kalshi: a step-by-step beginner's guide
See also
Frequently asked questions
What does kyc mean in prediction markets?
Know-Your-Customer: the ID and address verification a regulated exchange must do before letting you trade.
How does kyc work in practice?
Kalshi requires KYC because it's a US-regulated exchange. Expect to upload a government ID and pass a fraud check.
Sources & further reading
- CFTC — Event contracts explainedU.S. Commodity Futures Trading Commission
- Kalshi — how prices and settlement workKalshi
- UMA Optimistic Oracle documentationUMA Protocol
Last reviewed 2026-08-07 · CollegePredictionMarkets.com