The ProphetX promo code is required to unlock the current welcome offer, and new users can use code COVERS to trade $50 and earn $75 in bonus funds. As of Oct. 20, ProphetX ranks among the best prediction market apps for new sign-ups.
Use your first qualifying trades on the NBA Tip-Off slate or the World Series to get started.
Earn $75 With Code COVERS
ProphetX promo code details
| ProphetX New Customer Offer | Trade $50, Earn $75 |
| ProphetX Promo Code | COVERS |
| Minimum Deposit | $10 |
| Qualifying Transaction | $50 |
| Eligibility | New Customers, 18+ in All states + DC (excluding Nevada) |
| T&Cs |
Federally regulated. Live nationwide. Trading sports event contracts involves substantial risk of loss and is not appropriate for all investors. Past results are not necessarily indicative of future results. You should consider whether trading is appropriate for you in light of your financial circumstances. ProphetX is a CFTC-regulated designated contract market. Full risk disclosure available at prophetx.co/risk. |
| Date Verified | October 20 |
| Info Confirmed By | Joshua Howe |
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How the ProphetX Promo Code Offer Works
The ProphetX promo code is always required, and new users must register with COVERS to qualify. After signing up, you make an initial deposit of at least $50 and trade at least $50 in event contracts. Once those trades are complete, ProphetX credits the $75 bonus, no matter how those trades turn out.
The NBA Tip-Off on Tuesday is a natural place to make your first qualifying trade, since the season opens with a three-game slate. The World Series, which begins Friday at 8 p.m. ET in Milwaukee, is another option for your $50 in trades. You can also trade on markets in other categories, such as politics or culture.
Here is how the outcome works. If you trade $50 on a contract tied to an NBA Tip-Off game and it wins, you keep your winnings and still receive the $75 bonus. If that contract loses, the $75 bonus is still credited once your $50 in trades is complete.
Key terms and conditions to keep in mind:
- The offer is available in all states and Washington, D.C., except Nevada.
- You must be physically present in an eligible location.
- You must register with the promo code COVERS to trigger the offer.
- You must provide a government ID or passport, plus a selfie of you holding that ID.
- A minimum initial deposit of $50 is required.
- You must trade at least $50 in event contracts to unlock the $75 bonus.
- The offer is ongoing, with no stated expiration date.
Before you sign up, you can see how this offer stacks up by checking out the best prediction market promos available right now.
What Is the ProphetX Promo Code?
The ProphetX promo code is COVERS. Enter it at signup, deposit at least $50, and complete $50 in qualifying trades to receive a $75 trading bonus, regardless of whether those trades win or lose.
Use the correct ProphetX promo code for your state
ProphetX operates as a federally regulated exchange under the Commodity Futures Trading Commission (CFTC). Unlike sportsbooks, ProphetX allows traders to engage in event-based contracts rather than traditional gambling markets.
| ProphetX Promo Code | Eligible States |
| COVERS | All states + DC, excluding NV |
How to Claim the ProphetX Welcome Offer
Follow these steps to register and place your first qualifying trade on the NBA Tip-Off or World Series.
- Click the link in this article and open the ProphetX app or desktop site.
- Tap Register and enter the promo code COVERS.
- Provide your personal details and verify your identity with a government ID or passport and a selfie.
- Enter the one-time PIN ProphetX texts to your phone.
- Deposit at least $50 in the banking section.
- Trade at least $50 on an NBA Tip-Off or World Series contract.
- Receive your $75 bonus after your qualifying trades are complete.
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