You can use your Crypto.com referral code to claim a referral bonus on the app. However, we noticed that this referral bonus isn't available for prediction trading. Rather, the bonus is attached to the cryptocurrency exchange.
As we continued our assessment, we found that Crypto.com, like most prediction markets, doesn't offer any bonuses for trading event contracts. Its welcome bonus is also only available for cryptocurrency trading. Read on to learn what the Crypto.com prediction market is all about and how its referral reward program works. Let's get started.
Crypto.com operates a CFTC-regulated prediction market for trading contracts on sports and non-sports events. These non-sport events include politics, culture, crypto, economics, and climate. Moreover, Crypto.com's sports market features basketball, baseball, golf, tennis, hockey, soccer, football, and motorsports.
Each event contract displays prices, which represent the implied probability of the event occurring. For instance, in a basketball game between Oklahoma and West Virginia, Oklahoma had a 63% implied probability. Therefore, purchasing a “Yes” contract in Oklahoma to win cost $63. On the other hand, WVU had an implied probability of 39%, indicating a lower likelihood of winning the match. So buying Yes for West Virginia costs only $39.
If your prediction is correct, the contract settles at the stated amount, which may be $1, $10, or $100. However, if your contract loses, you get nothing in return. Note that Crypto.com fees apply when opening or closing a position, as well as when you make a correct prediction. Nonetheless, no fee is charged when your prediction is incorrect.
The first thing we noticed in our Crypto.com prediction markets review was that it doesn't offer any bonuses for trading event contracts. The available referral bonus is only functional on the cryptocurrency exchange side. As of writing, this bonus offers you up to $2,000 in CRO for every friend you invite to the exchange. Plus, you get 50% of their trading fees until the 12th month of their registration. Your referral also gets a sign-up bonus of up to $50 in CRO when they register using your referral code. There are no limits to how many friends you can refer.
However, for you and your referral to receive your bonus, they must meet certain conditions. These include completing advanced KYC verification and locking up at least 1000 CRO on the exchange within their first 30 days.
Moreover, Crypto.com recently launched a monthly referral leaderboard campaign where you compete with other referrers to share a $30,000 CRO prize pool. Out of the $30,000 CRO prize pool, only $25,000 is available to the top 200 referrers ranked by trading volume on the leaderboard. The remaining $5,000 becomes a single bonus prize in a random draw for referrers who meet the minimum referrer eligibility requirement.
To qualify for this referral leaderboard campaign, you must invite at least 3 friends during the campaign. Plus, your friends must generate at least $1,000 in trading volume.
Here's an overview of the referral reward bonus at Crypto.com:
| Crypto.com bonus for inviting friends | Up to $2,000 in CRO, and 12 months of 50% commission on your friend's trading fee + $30,000 CRO prize pool |
| Bonus for the referee | Up to $50 in CRO |
| Usable for prediction trading | Unavailable |
| For cryptocurrency trading | Yes |
| Getting your bonus code | Log in to your Crypto.com Exchange account and click the referral page |
You have to download the Crypto.com app to register on the prediction market. Here's the process for registering:
Click the banners on this page to visit Crypto.com
Tap the “Sign Up” button in the top corner
Choose your account type
Input your email address
Enter your referral code for Crypto.com (optional)
Click “Create Account with Email” or “Continue with Google”
Verify your phone number
Create a pass code and click “Continue”
Verify your identity
To begin trading Crypto.com event contracts, fund your account using the supported cryptocurrencies and fiat payment methods. These include Bitcoin, Litecoin, ACH Bank Transfer, PayPal, Debit card, Google Pay, and Apple Pay. .
To enjoy trading event contracts on Crypto.com, here are a few tips to note:
As we stated earlier, Crypto.com offers contracts on sports, politics, economics, culture, climate, and crypto. Since outcomes are associated with real-world events, ensure you trade on topics you're knowledgeable about. Gather important data on your preferred event, and don't just select a market to see how it goes. Most traders predict events they're genuinely interested in.
If you're trying Crypto.com for prediction trading for the first time, go through its help center and review how prediction trading works on the app. You'll find articles with helpful screenshots on topics such as trading event contracts and funding your account. This will help give you a good start.
Sometimes you may see that a contract you haven't bought is rising in price. This doesn't mean that, as prices go up, things are bound to happen how traders believe. Again, do your research before buying a contract. Also, avoid engaging in every popular market. As we said earlier, focus on the topics you know.
To minimize your losses, start by trading in smaller amounts, especially for events whose outcomes you're not too sure about. This approach will also help you figure out how the site works if you're starting.
Looking for current prediction market offers? Use the table below to find promo code, sign-up bonus, and referral code guides for platforms such as Kalshi, Polymarket, Crypto.com, and Robinhood.
| Prediction Market Promo & Bonus Codes | Check the Code Here |
|---|---|
| Kalshi Promo Code | Kalshi Promo Code |
| Polymarket Promo Code | Polymarket Promo Code |
| Crypto.com Promo Code | Crypto.com Promo Code |
| Robinhood Promo Code | Robinhood Promo Code |
| Kalshi Sign Up Bonus | Kalshi Sign Up Bonus |
| Polymarket Sign Up Bonus | Polymarket Sign Up Bonus |
| Crypto.com Sign Up Bonus | Crypto.com Sign Up Bonus |
| Robinhood Sign Up Bonus | Robinhood Sign Up Bonus |
| Kalshi Referral Code | Kalshi Referral Code |
| Polymarket Referral Code | Polymarket Referral Code |
| Crypto.com Referral Code | Crypto.com Referral Code |
| Robinhood Referral Code | Robinhood Referral Code |
From what we've explained, you now know that a Crypto.com referral bonus exists. However, it's not available for trading event contracts on the app. This bonus is available for trading cryptocurrencies and comes in two forms. You get up to $2,000 in CRO for referring friends and 50% of their trading fees for the first 12 months. Your friend also receives up to $50 in CRO for registering through your code or link. However, there are conditions to meet, including your friend completing a thorough KYC verification and fulfilling their first CRO lockup.
Besides, the app also runs a monthly referral leaderboard campaign, with top participants sharing a $30,000 CRO prize pool. The top 200 referrers share $25,000, while the remaining $5,000 is a single bonus prize in a random draw for eligible referrers.
To maximize trading event contracts on Crypto.com, purchase contracts for events you have good knowledge of, understand how the app works for prediction trading, and avoid emotional trading. If you're also just getting started or unsure how an event will turn out, trade in small amounts.
Click the banners on this page to visit Crypto.com and start trading on your favorite real-world event.
No. Crypto.com doesn't offer a referral program for trading event contracts. The referral bonus is only available for cryptocurrency trading.
Crypto.com offers up to $2,000 in CRO for inviting friends to the exchange. You also get 50% of your friend's trading fee in their first year. Your friend receives up to $50 in CRO for signing up through your referral code or link. However, terms and conditions apply.
Crypto.com allows you to trade contracts on several real-world events, including sports, crypto, politics, economics, culture, and climate.
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.