Kalshi Adds USDC Deposits to Compete with Rival Polymarket in Presidential Betting Surge

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Kalshi Adds USDC Deposits to Compete with Rival Polymarket in Presidential Betting Surge In a strategic move to enhance its competitive edge in the burgeoning political prediction market, Kalshi, a U.S.-based prediction platform, has announced the support for USDC deposits.

Recently gaining approval for U.S.political contracts following a significant legal challenge, Kalshi has positioned itself as a compliant and secure alternative for American users interested in event-based trading.

As the 2024 presidential election cycle intensifies, Kalshi’s regulatory compliance and innovative solutions are set to attract a larger user base, fostering a more secure and dynamic prediction market ecosystem.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaUnited States

Topics: Kalshi Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 11:21:03 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 845 words

Reading Time: 5 minutes read

Sentences: 40 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23337895

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 30 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #121

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