Crypto.com’s prediction market is blowing up, attracting traders interested in everything from sports and politics to pop culture, economics, climate events, and crypto. So naturally, there must be a Crypto.com promo code for prediction market traders, right?
Wrong. For reasons only known to Crypto.com, there is no promo code for its fastest-growing product. An interesting decision on their part, but here we are! What Crypto.com does offer, though, is its standard welcome bonus for new users. In the first 30 days, users can unlock up to four Mystery Boxes containing cash.
What is the Crypto.com welcome bonus?
Most prediction market apps give everyone the exact same sign-up bonus, and frankly, that’s pretty boring. Crypto.com does things a little differently. Instead of getting one fixed reward, the welcome bonus is tied to trading activity during the first 30 days. As different trading milestones are reached in the app, up to four Mystery Boxes are unlocked. What’s inside? That’s the surprise. Each Mystery Box contains a random cash reward, so no one knows exactly what they’re getting until they open it. Here’s a breakdown of the trading milestones and Mystery Box rewards:
Basically, the more trading activity completed during the first 30 days, the more Mystery Boxes can be unlocked. Hit all four milestones, and the total rewards will land somewhere between $41 and $180 in cash rewards, depending on what’s inside each box. Of course, nobody is retiring on that kind of money, but it’s still a nice bonus, and it’s not like they’re asking you to do anything out of the ordinary. For a breakdown of what to expect before signing up and trading, the full Crypto.com review covers everything in detail.
Can the Crypto.com welcome bonus be used for prediction markets?
Sort of. Just not in the way many traders might expect. Here’s the catch: Crypto.com’s welcome bonus is tied to regular crypto trading, not prediction market trading. That means buying and selling prediction market contracts won’t help unlock the Mystery Boxes. The trading milestones must be met through standard crypto trades instead. Annoying? A little. A dealbreaker? Not really. The good news? Once a Mystery Box has been unlocked, the money is credited as cold hard cash. There aren’t any extra trading requirements attached to it, so the funds can be used on other products within the Crypto.com app. And yes, that includes prediction markets for sports, politics, culture, and other topics.
So if the goal is to trade event contracts on Crypto.com, the welcome bonus can still come in handy. It just can’t be unlocked through prediction market trading itself. Think of it as taking the scenic route, if you will. Regular crypto trading unlocks the rewards first, then the rewards can be used to fund prediction market positions.
Are there any Crypto.com promo codes for prediction markets?
Nope, Crypto.com doesn’t currently have any promo codes or bonus offers aimed specifically at prediction market traders. There used to be a Sports Rookie Bonus that gave eligible users a $20 cash bonus after trading at least $100 in sports prediction contracts. Unfortunately, that promotion has ended, and Crypto.com hasn’t bothered to replace it with anything similar. For now, the best option is Crypto.com’s standard welcome bonus. It isn’t directly tied to US prediction markets, since users need to complete regular crypto trading to unlock the Mystery Boxes. Once the cash rewards are credited they can be used to trade event contracts in the app.
How to claim the Crypto.com new user promo
Claiming the welcome bonus is refreshingly straightforward. There is no need to enter a Crypto.com promo code or jump through any complicated hoops to get started. Just use the banners on this page. The promotion will be applied automatically after signing up and completing the account verification process (KYC). From there, the clock starts ticking. New users have 30 days to reach the required trading milestones. The more milestones that are completed, the more Mystery Boxes can be unlocked, and the more cash rewards that can be picked up along the way. Follow these steps to get started:
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Visit Crypto.com using the banners provided on this page.
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Create an account and complete the KYC verification process.
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Trade eligible cryptocurrencies within the first 30 days.
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Reach a trading milestone and an in-app notification will confirm that a Mystery Box has been unlocked.
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Tap the notification and click the “Claim” button to open the Mystery Box.
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The cash reward will be credited instantly after opening the box.
See? Nothing too complicated. Better yet, there is no requirement to unlock all four Mystery Boxes to benefit from the promotion. Even the first trading milestone comes with a cash reward.
How to use the bonus on event contracts at Crypto.com
This is where the real fun begins. Once the cash rewards have been credited, they can be put to work in the “Predict” section of Crypto.com. Crypto.com’s event contracts let traders speculate on the outcome of real-world events across all kinds of categories, including sports, politics, culture, crypto, economics, and even climate-related events. Here’s how it works:
🎲 Pick an event
Start by finding a market that catches your attention. Each one boils down to a simple question with two possible outcomes: Yes or No.
🤔 Make the prediction
Think the event will happen? Choose a Yes contract. Think it won’t? Choose a No contract. Easy peasy.
💰 Put your money where your mouth is
Each contract is priced between $0.01 and $0.99. The price reflects what the market thinks the odds are. For example, if a Yes contract is trading at $0.60, the market is implying a 60% chance that the event will occur. Whether the market actually knows what it’s talking about, though, is another thing entirely.
📈 Manage the position
There is no need to hold contracts until the event is settled, and that’s the beauty of it. Since prices move up and down based on trading activity, event contracts can be sold at any time to lock in profits or limit potential losses.
⏳ Wait for the result
Those who decide to hold contracts will need to wait and see how the event plays out. If the prediction is correct, each contract pays out $1. If the prediction is wrong, the contracts expire worthless. Such is life.
The bottom line on Crypto.com promos
Anyone looking for a Crypto.com promo code for prediction markets is gonna be disappointed. There are also no active promotions that reward prediction market trading directly. It’s a pretty baffling decision given how Crypto.com is actively trying to grow its prediction marketplace. Only they know the logic behind that one. Nevertheless, the standard welcome bonus can still come in handy. By reaching the required trading milestones, new users can unlock up to four Mystery Boxes worth between $41 and $180 in total cash rewards. Is it the prediction market bonus users were hoping for? Probably not. But once those cash rewards are credited, there’s nothing to say they can’t be used to fund positions in Crypto.com’s prediction market. If that sounds like something you’d be interested in, click the links on this page to create your account and start unlocking your Mystery Box rewards today.
Crypto.com promo code FAQ
Rather than handing every new user the same fixed reward, Crypto.com’s welcome bonus comes in the form of Mystery Boxes. New users can unlock up to four of them by hitting certain trading milestones during the first 30 days. Each Mystery Box contains a random cash reward, and the potential prizes get bigger as higher trading milestones are reached.
Yes. The only complication is that prediction market trades won’t help unlock the Mystery Boxes in the first place, but rewards are credited as cold hard cash. There aren’t any extra trading requirements to worry about, so the funds can be put toward prediction market trades.
Yes. Every Mystery Box contains a cash reward. There’s no chance of opening a box and getting nothing. What isn’t guaranteed is the exact reward amount. If all four Mystery Boxes are unlocked, the total rewards will land somewhere between $41 and $180. Not bad, right?
No. This isn’t one of those all-or-nothing promotions. Mystery Boxes can be unlocked as different trading requirements are reached throughout the promotional period. Each trading milestone unlocks a separate Mystery Box, so there’s no requirement to reach the highest tier.
Not anymore. There used to be a promotion called the Sports Rookie Bonus, which gave eligible users a $20 cash reward after trading at least $100 worth of sports prediction contracts. However, that offer has expired, and Crypto.com hasn’t bothered to replace it.
This content is sponsored by Crypto.com: Securely Buy, Sell and Trade Bitcoin, Ethereum and 400+ Crypto and should not be considered as investment advice. Trading on prediction markets carries risks, including market volatility and the possibility of losing your stake. Before participating, carefully consider your risk tolerance and the potential outcomes. Foris DAX Inc. and Foris Inc. (d/b/a Crypto.com) offer connectivity to Crypto.com | Derivatives North America (CDNA), which is regulated by the Commodity Futures Trading Commission, for the purpose of trading derivatives on and subject to the rules of CDNA. Currently available for U.S. users only, who must first become a Member of CDNA prior to trading event contracts on CDNA. Trading on CDNA involves risk and may not be appropriate for all. Customers risk losing their cost to enter any transaction, including fees. You should carefully consider whether trading on CDNA is appropriate for you in light of your investment experience and financial resources. Any trading decisions you make are solely your responsibility and at your own risk. Past performance is not necessarily indicative of future results. None of the material on Crypto.com or CDNA is to be construed as a solicitation, recommendation or offer to buy or sell any financial instrument on CDNA or elsewhere. CDNA is subject to U.S. regulatory oversight by the CFTC.