Kalshi Promo Code COVERS20: Earn $20 in Prediction Market Bonuses With a Trade on Portugal vs Spain Today

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor 16+ years betting experience
Updated: Jul 6, 2026 , 12:20 PM ET • 4 min read

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

Covers - Use Kalshi promo code COVERS20 for the best Kalshi bonus guaranteed.
Photo By - Covers - Use Kalshi promo code COVERS20 for the best Kalshi bonus guaranteed.

Use the Kalshi promo code COVERS20 to claim a $20 trading bonus when you sign up today, July 6. New users who deposit at least $20 and complete $20 in trades will unlock the reward, making it a great time to trade on Portugal vs Spain. Kalshi ranks among the best prediction market apps available right now.

EXCLUSIVE: Deposit $10, Get $20 Free Trade

Kalshi Promo Code Offer: How the $20 Bonus Works for Portugal vs Spain

The Kalshi promo code offer is straightforward and ongoing, meaning there is no hard expiration date to worry about. After registering with code COVERS20, you must deposit a minimum of $20 and then complete at least $20 in event contract trades to trigger the $20 bonus. The bonus is credited to your account regardless of whether those trades settle in your favor.

For example, if you trade on Spain to advance past Portugal in the Round of 16 and Spain wins, you collect your winnings on top of the bonus. If Portugal pulls off the upset and your trade does not go your way, the $20 bonus is still credited once you have completed the required trading volume. That makes Portugal vs Spain an ideal starting point for your first trade on the platform.

Here is a quick look at the key terms and conditions:

  • Available in all U.S. states except Nevada
  • You must be physically present in an eligible state
  • A government-issued ID or passport and a selfie are required for verification
  • Minimum deposit of $20 required
  • Must complete at least $20 in event contract trades to unlock the bonus
  • The $20 bonus is credited after the trading threshold is met, win or lose

If you want to see how this offer stacks up against others on the market, check out our breakdown of the best prediction market promos available today.


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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 + DC, excluding NV

How to Claim Your Kalshi Bonus Before Portugal vs Spain

Getting started on Kalshi only takes a few minutes. Follow these steps to sign up and place your first trade on Portugal vs Spain.

  1. Register: Visit Kalshi and click Sign Up. Enter code COVERS20 during registration to activate the welcome offer.
  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: Navigate to your Kalshi wallet, click Deposit Cash, and add at least $20 using your preferred payment method.
  4. Trade: Browse the available markets and place at least $20 in event contract trades. Portugal vs Spain is a great place to start, but Kalshi also offers markets across politics, culture, and more.
  5. Withdraw winnings: If your trades are profitable, 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 deeper look at the platform before you get started, read our full Kalshi Sports Review.


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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Peter Clarke - Covers
Senior Editor

Peter Clarke is dedicated to keeping bettors informed about the biggest sports betting events, such as the Super Bowl and March Madness, and the best way to cash in on sportsbook promos. He's also always on top of the latest welcome offers from the biggest sportsbooks, so he can share the best deals and the most exciting games to use them on every day.

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