Use the ProphetX promo code COVERS on Oct. 21 to unlock a new-user offer: trade $50, earn $75 in bonus funds. A code is required, and new users can use it to trade on Wednesday's NBA slate, NFL Week 7 or the World Series. It ranks among the best prediction market apps for new users.
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 21 |
| Info Confirmed By | Joshua Howe |
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How the ProphetX Promo Code Offer Works
The ProphetX promo code requires you to register with the code COVERS to qualify. After signing up, make an initial deposit of at least $50. Then trade at least $50 in event contracts, such as the Minnesota at Miami game on Wednesday's NBA slate, which tips off at 7:30 p.m. ET.
Once you complete $50 in trades, the $75 bonus is credited whether those trades win or lose. For example, if you place a $50 trade on the Minnesota at Miami game and the contract settles in your favor, you collect your trade proceeds and still receive the $75 bonus. If the contract settles against you, the $75 bonus is still credited because the offer depends on trading volume, not outcomes.
The same applies to other events on the calendar, including NFL Week 7 contracts and the World Series opener on Friday in Milwaukee. Here are the key terms and conditions:
- The offer is available in all states and Washington, D.C., excluding Nevada.
- You must be physically present in an eligible location.
- You must sign up with the code COVERS to trigger the offer.
- You must provide a government ID or passport, along with a selfie of you holding that ID.
- You must deposit at least $50 and trade at least $50 in event contracts.
- The $75 bonus is credited once you complete $50 in trades, regardless of the outcome.
- The offer is ongoing.
Once all conditions are met, withdrawals are processed within five business days. Compare other offers with our guide to the best prediction market promos.
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 Sign-Up Bonus
Follow these steps to claim the offer and make your qualifying trade on Wednesday's NBA slate.
- Download the ProphetX app from the App Store or Google Play Store, or visit the desktop site, and click Register.
- Enter your personal information and enter the code COVERS during registration.
- Verify your identity with a government ID or passport and a selfie, then enter the one-time PIN sent by text.
- Deposit at least $50 in the banking section.
- Trade at least $50 on the Minnesota at Miami game or another event contract.
- Receive your $75 bonus after completing $50 in trades.
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