Kalshi Adds Bitcoin-Backed Loans for Perpetual Futures Traders
Kalshi Prime clients can now borrow money using bitcoin as collateral. The loans run through a three-party setup with BitGo and can be used to margin perpetual futures. For traders, this gives more ways to take leveraged crypto positions, which can increase both gains and losses.
Why it matters
- Kalshi Prime clients can borrow against their bitcoin to margin perpetual futures.
- The lending setup is a tri-party structure that includes BitGo.
- Easier access to borrowed funds can increase leverage, so losses can grow as fast as gains.
What to watch next
Watch whether other platforms offer similar bitcoin-backed margin loans, and how bitcoin price moves affect borrowers' collateral.
