Kalshi Launches New 'Pro' Product For Heavy Bettors
Kalshi Launches New 'Pro' Product For Heavy Bettors.
Prediction market Kalshi is launching a new "Pro" product for people who are heavy bettors and trade multiple markets at the same time.
Kalshi Pro, now available to the general public, is designed for speculators who trade multiple markets at the same time and move quickly during live events, such as sports contests.
The new professional platform is also designed to support people who run resting orders, trades that don't execute until certain prices are met, according to Kalshi.
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While now available to the public, Kalshi Pro is currently in the beta testing phase.
The platform reportedly allows traders to see a continuous feed of all of their public trades, have a better view into order books, and provides a simpler way to examine contract trades.
The product is a response to the fact that many of Kalshi's most active traders have created their own workflows to manage their trades.
Lastly, Kalshi Pro features new bells and whistles for people trading the company's perpetual futures products, known as "perps." This includes new charting systems.
"Kalshi's active traders are already trading prediction markets and perpetuals like Wall Street trades equities and bonds," said Kalshi in a written statement. "We built Pro to give them the cockpit they deserve."
Prediction markets let people bet on real-world events such as sports and election outcomes. As a private company, Kalshi's stock does not trade on a public exchange.
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