By PredictQ Team // Updated: July 2026
OG.com is Crypto.com’s swing at prediction markets, launched February 3, 2026 and powered by Crypto.com | Derivatives North America (CDNA), a CFTC-registered exchange and clearinghouse whose license history runs back to 2004. That’s older regulatory plumbing than most of the industry, wearing a brand-new consumer face.
The pitch that gets attention is the bonus. OG pays up to $100 to new users, and unlike most offers, it scales with actual trading: $10 for your first $10 in trades, with additional bonuses paid as your settled volume crosses $100, $250, and $500. Qualifying trades must be priced under $0.80, and the clock runs seven days.
Kalshi is the incumbent it has to beat: the exchange trading since 2021, hundreds of markets deep, valued at $22 billion.
Quick Verdict
Kalshi, for anyone building an actual trading habit. Deeper books, broader categories, limit orders with maker discounts, and a wider state footprint. OG is worth an account for two kinds of people: bonus hunters willing to push $500 in volume through in a week for the full $100, and Crypto.com loyalists who want event contracts near their existing crypto stack. As a primary venue, OG isn’t there yet.
Snapshot
- Structure: Kalshi is a CFTC-regulated exchange and clearinghouse. OG is powered and offered by CDNA, itself a CFTC-registered exchange and clearinghouse, with margin trading planned through Crypto.com’s licensed FCM (planned, not live).
- Welcome bonus: Kalshi, trade $10 and get $10. OG, volume-based milestones up to $100 total ($10 for trading $10, more at $100/$250/$500 in settled volume; trades under $0.80; 7-day window).
- States: Kalshi is nationwide federally, with sports blocked in Michigan and contested in New York. OG covers 48 states plus DC, excluding Arizona and New York entirely, with sports additionally unavailable in seven more states (IL, MD, MA, MI, NV, NJ, OH). Full sports access: 41 states plus DC.
- Markets: Kalshi runs politics, sports, economics, crypto, weather, climate, culture. OG focuses on sports, crypto, politics, and economics.
- Fees: Kalshi’s formula peaks at $1.75 per 100 contracts at 50 cents, near zero at extremes, makers at a quarter rate. OG charges a flat $0.02 per contract to open, $0.02 to close early, and nothing on positions held to settlement.
- Ecosystem: OG plugs into Crypto.com’s products and a referral program paying up to $250 per side. Kalshi stands alone.
How They’re Different
The regulatory setups are closer than the FCM-routed crowd. CDNA holds both exchange and clearinghouse licenses, same structural class as Kalshi, and it launched the first CFTC-regulated sports event contracts back in December 2024. OG’s CEO, Nick Lundgren, doubles as Crypto.com’s chief legal officer. The infrastructure is credible. The gap is maturity of the consumer product and depth of the books, where Kalshi’s five-year head start shows.
Fees reward opposite styles. OG’s flat two cents per contract is simple: about $2 to open 100 contracts, another $2 if you exit early, free if you hold to settlement. That beats Kalshi’s $1.75 peak if you buy and hold coin-flip markets to resolution. It loses badly at price extremes, where Kalshi’s formula rounds toward zero while OG still takes its two cents on a three-cent contract. Traders who churn positions also pay OG’s fee twice per round trip. Know your own style before picking a schedule.
The bonus deserves honest math. Kalshi’s $10-for-$10 is instant and effortless. OG’s $100 requires $500 in settled volume inside seven days, all on contracts under $0.80. That’s a real commitment with real variance along the way. If you were going to trade that volume anyway, OG’s offer is the most lucrative in the space right now. If you weren’t, don’t manufacture volume to chase a bonus; that’s how promos make money.
At launch OG also dangled up to $500 in rewards for its first million signups. Current promo coverage centers on the $100 offer, so treat anything bigger as expired unless the app says otherwise.
When to Pick Kalshi
- You want the deepest liquidity and the broadest catalog, weather and climate included.
- You use limit orders and want maker-fee economics OG doesn’t offer.
- You trade longshots or heavy favorites, where Kalshi’s formula is nearly free.
- You live in Arizona or New York, where OG doesn’t operate at all.
- You want the five-year regulated track record.
Sign up HERE.
When to Pick OG.com
- You’ll trade $500 in volume this week anyway and want the full $100 bonus for doing it.
- You’re a buy-and-hold trader; $0 settlement fees mean a held position costs two cents per contract, total.
- You’re already deep in Crypto.com’s ecosystem.
- You want to be early to CDNA’s planned margin prediction contracts, a first for the industry if it ships.
- The referral program’s $250-per-side milestones fit how your group trades.
Sign up HERE.
Both?
For active traders, yes. Up to $110 in combined bonuses, and the fee schedules complement each other: OG for hold-to-settlement positions at mid prices, Kalshi for everything at the extremes and anything needing a limit order. The catalogs overlap in sports, politics, and econ, so the second account costs you nothing in coverage.
Bottom Line
OG.com is the most credible new brokerage-tier entrant of 2026: real exchange infrastructure underneath, clean flat pricing, and the biggest earnable bonus on the board. It still trades in Kalshi’s shadow on liquidity, catalog, and state access.
Take OG’s $100 if you can earn it honestly. Then do your real trading where the depth lives. Kalshi signups HERE, OG.com HERE.
Disclosures: PredictQ may receive compensation when readers sign up for platforms through links on this page. Information accurate as of July 2026. Kalshi operates a CFTC-regulated Designated Contract Market and clearinghouse; its sports contracts are blocked or contested in several states. OG.com is powered and offered by Crypto.com | Derivatives North America, a CFTC-registered exchange and clearinghouse; OG is unavailable in Arizona and New York, with sports contracts unavailable in additional states. Bonus terms change frequently; confirm the live offer before depositing. Trading event contracts involves significant risk. This content is for informational purposes only. Must be 18 or older. If you or someone you know has a gambling problem, call 1-800-GAMBLER.