Kalshi Promo Code COVERS20: Get $20 Trading Bonus for Spain vs. Argentina Final Weekend

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Jul 19, 2026 , 09:00 AM ET • 4 min read

Use the Kalshi promo code COVERS20 for a $20 bonus ahead of Spain vs. Argentina. Claim your offer today!

Photo By - Covers - Predict the 2026 winner, and you could land a share of Kalshi’s $1 million prize pool.

Use the Kalshi promo code COVERS20 to claim a $20 trading bonus available as of July 19. New users who deposit at least $20 and complete $20 in trades will unlock the reward, making it a great time to trade on the Spain vs. Argentina final. Kalshi ranks among the best prediction market apps available right now.

Kalshi Promo Code Offer: Get $20 for the Spain vs. Argentina Final

The Kalshi promo code COVERS20 unlocks a $20 trading bonus for new users who register, deposit at least $20, and complete $20 in event contract trades. The bonus is credited to your account once you hit that $20 trading threshold, regardless of whether your trades settle in your favor or not. That means if you trade on Spain winning the final and the result goes against you, the $20 bonus is still yours once the threshold is met.

If you trade on Argentina lifting the trophy in New Jersey and Lionel Messi delivers, you keep any profits from that trade on top of the bonus. The offer is ongoing and has no stated expiration, but you must be physically present in an eligible state at the time of registration. Nevada residents are not eligible to claim this offer.

Here is a quick breakdown of the key terms:

  • Available in all U.S. states except Nevada
  • Minimum deposit of $20 required
  • Must complete $20 in event contract trades to unlock the bonus
  • $20 bonus credited regardless of trade outcome
  • Government-issued ID and selfie required for verification
  • Offer is ongoing with no set end date

If you want to see how this offer stacks up against others on the market, check out the latest best prediction market promos compared side by side.

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Use the correct Kalshi promo code for your state

Kalshi operates as a federally regulated exchange under the Commodity Futures Trading Commission (CFTC). Unlike sportsbooks, Kalshi allows traders to engage in event-based contracts rather than traditional gambling markets.

  Kalshi Promo Code Eligible States
  COVERS20 All states excluding NV (Contest not available outside the U.S or in New York and Florida)

How to Claim Your $20 Bonus Before the Final Kicks Off

Getting started on Kalshi takes only a few minutes. Follow these steps to register, deposit, and place your first trade ahead of Spain vs. Argentina.

  1. Sign up: Visit Kalshi and click Sign Up. Enter COVERS20 when prompted for a promo code during registration.
  2. Verify your identity: Provide your date of birth, phone number, and location. You may also need to submit a government-issued ID or passport along with a selfie for standard KYC verification.
  3. Deposit funds: In your Kalshi wallet, click Deposit Cash and select a payment method. Deposit a minimum of $20 to qualify for the bonus.
  4. Trade: Browse available markets and place at least $20 in event contract trades. The Spain vs. Argentina final is a strong starting point, with markets available on the match winner and other outcomes.
  5. Collect your bonus: Once your total trades reach $20, the $20 bonus is credited to your account automatically.
  6. Withdraw winnings: Head to the Transfers section of your profile, select Withdraw Funds, choose a linked payment method, and enter the amount you want to take out.

For a full breakdown of the platform, read our Kalshi Sports Review.


How does the Kalshi referral code program work?

With a Kalshi referral code, you can earn a $25 bonus for every friend you invite who signs up, deposits funds, and meets the trading requirements within 30 days. To qualify, your friend must register through your unique referral link, which is available in your account dashboard. Much like a traditional sportsbook referral program, Kalshi rewards existing users for bringing new traders to the platform.

It’s an easy way to boost your bankroll and earn up to $1,000 through successful referrals.


Affiliate Disclosure: Our team of experts has thoroughly researched and handpicked each product that appears on our website. We may receive compensation if you sign up through our links.

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Luc LeBlanc
Content Editor

Luc LeBlanc is a Content Editor at Covers who believes good information should make people think more clearly — not tell them what to think.

He prioritizes organizing sports data into simple, transparent insights that readers can actually use. Rather than relying on bold predictions, model projections, or betting buzzwords, he prefers presenting meaningful trends, relevant context, and easy-to-understand statistics that help people make informed decisions for themselves.

A lifelong hockey player and sports fan, Luc combines an analytical mindset with a passion for clear communication. Whether he's breaking down NHL player props, tennis matchups, or broader betting trends, his goal is always the same: take complex information, remove the noise, and present it in a way that's accessible to everyone from casual fans to experienced bettors.

Luc is always exploring new ways to visualize information or finding ways to make numbers easier to understand. Hockey and tennis may be his favourite sports, but he is most passionate about making information easier to understand. Whether it's the NHL, ATP Tour, MLB, or NFL, he enjoys finding meaningful patterns, separating signal from noise, and presenting data in a way that anyone can follow.

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