Use the ProphetX promo code COVERS to unlock the Trade $40, Get $40 welcome offer as of Tuesday, November 3.
A code is required, and new users can apply it to trade on the US Midterms, one of the most active events among 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 for the US Midterms
New users who register with the ProphetX promo code COVERS can earn a $40 trading bonus. A code is required, so it must be entered during registration to trigger the offer. Once your account is set up, you can browse ProphetX's event contracts, including markets tied to the US Midterms, which cover control of the House and Senate, individual Senate races and gubernatorial elections.
The key terms and conditions are listed below:
- You must make an initial deposit of at least $40.
- You must trade at least $40 in event contracts, such as US Midterms markets.
- Once you complete $40 in trades, the $40 bonus is credited whether those trades win or lose.
- The offer is available in all states plus DC, excluding Nevada.
- You must be physically present in an eligible location.
- You must verify your identity with a government ID or passport and a selfie holding that ID.
- The offer is ongoing and has no stated expiration date.
Here is how it works in practice. Say you deposit $40 and place a $40 trade on a US Midterms contract. If the contract resolves in your favor, you collect your trade proceeds and still receive the $40 bonus. If it resolves against you, the bonus is still credited because it depends on completing the $40 in trades, not on the outcome.
Once all conditions are met, withdrawals are typically processed within five business days. Compare this deal with other best prediction market promos to see how it stacks up.
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What Is the ProphetX Promo Code?
The ProphetX promo code is COVERS. Enter it at signup, 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 Bonus
Follow these steps to claim the offer and make your first trade on the US Midterms:
- Click the link in this article to open ProphetX on the App Store, Google Play Store or desktop site.
- Tap Register and enter the code COVERS along with your personal details.
- Verify your identity with a government ID or passport and a selfie holding that ID.
- Deposit at least $40 through the banking section.
- Find a US Midterms market and trade at least $40 in event contracts.
- Receive your $40 bonus once your trades are completed.
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