Looking for the ProphetX promo code for Tuesday, Nov. 3? New users must enter code COVERS at sign-up to get a $40 trading bonus after trading $40. It works on U.S. Midterms Election Day contracts and many other markets at one of the best prediction market apps.
Trade $40, Get $40 With Code COVERS
ProphetX promo code details
| ProphetX New Customer Offer | Trade $40, Get $40 |
| ProphetX Promo Code | COVERS |
| Minimum Deposit | $40 |
| Qualifying Transaction | $40 |
| 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 | November 3 |
| Info Confirmed By | Joshua Howe |
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How the ProphetX Promo Code Offer Works
The ProphetX promo code is required to unlock this welcome offer. New users must register with code COVERS, make an initial deposit of at least $40 and trade at least $40 in event contracts. Once the $40 in trades is complete, the $40 bonus is credited whether those trades win or lose.
Election Day offers a timely target for your first trade. With all 435 House seats and 35 Senate seats on the ballot, ProphetX lists contracts tied to chamber control and individual races. For example, a House control contract was priced at 93% to 95% for Democratic control on one exchange, and a Senate control contract was priced at 72% to 73%. Those figures are market-implied probabilities, not projected vote shares or reported results, and prices can change as voting continues.
Here is how the outcomes could play out. If you trade $40 on a contract and it settles in your favor, you collect the payout, and the $40 bonus is still credited once you meet the trading requirement. If the contract settles against you, the $40 bonus is credited all the same, since the offer does not depend on the result of your trade.
- Code COVERS must be entered during registration.
- The offer is available in all states and Washington, D.C., except Nevada.
- You must be physically present in an eligible location.
- A government ID or passport and a selfie holding that ID are required.
- The minimum deposit is $40, and at least $40 must be traded in event contracts.
- The offer is ongoing, and withdrawals are typically processed within five business days.
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What Is the ProphetX Promo Code?
The ProphetX promo code is COVERS. Enter it at sign-up, deposit at least $50, and complete $40 in qualifying trades to receive a $40 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 Promo Code
Follow these steps to register and place your first trade on the U.S. Midterms Election Day markets.
- Click the link in this article and open the ProphetX app or desktop site to reach the registration page.
- Register with code COVERS and enter your personal details, including your full name, date of birth, address and Social Security number.
- Verify your identity with a government ID or passport and a selfie holding that ID, then enter the one-time PIN texted to your phone.
- Deposit at least $40 through the banking section.
- Trade at least $40 on a U.S. Midterms Election Day contract to unlock your $40 bonus.
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