How is Kalshi different from crypto platforms like Polymarket?

[cryptoenthusiast]

Unlike purely decentralized platforms, Kalshi operates under federal regulation (CFTC) in the US. Polymarket, by contrast, is a decentralized prediction market that often relies on crypto assets (USDC) for trading. Kalshi’s fiat-based system emphasizes compliance and legal security.

[Abdul Khan]

Biggest difference: Kalshi is federally regulated; Polymarket is blockchain-based. ️ vs

[Nahid Hossen]

Kalshi runs on real-world compliance, while Polymarket uses smart contracts. Totally different models.