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By Tyler Everett
Sports Betting Editor
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Prediction markets have gained a ton of popularity, and one of the most popular cryptocurrency exchanges is getting in the game. Secure a $50 bonus by signing up for a new account with the Cypto.com promo code NEWSWEEK.
Click here and capitalize on your offer for games like Thunder vs. Knicks, Hawks vs. Bucks and more.
This offer provides flexibility, as you will have the opportunity to get up to $50 in bonuses. This is activated by making a crypto trade. Then, stake your CRO tokens to receive a bonus. The number of bonuses you get is determined by the amount you risk.
CRO is the currency that is available on the Crypto.com platform. So, this will be used for you to make predictions for sports. While the NBA will get a ton of attention tonight, you can make predictions for the NHL, MLB and more. The Thunder vs. Knicks game is the biggest of the night and a potential NBA Finals preview. Later, the Hawks vs. Bucks game is also going to be broadcasted nationally. Elsewhere, we do have an exciting Hornets vs. Celtics matchup, too.
Crypto.com has also launched OG, an additional option for prediction markets. You can get up and running with OG here.
Crypto.com Promo Code NEWSWEEK: $50 Bonus
The benefit of prediction markets is clear, as you will be able to buy and sell contracts at any point. As an example, let's say you want to make a pick for the Knicks to upset the Thunder tonight.
When you purchase this position, you will have to wait for the game to start, and this is where the value can be found. With a normal sportsbook, you would have to wait for a bet to settle. With Crypto.com prediction markets, you can sell your contracts when you see fit.
For example, if the Knicks take a big halftime lead, you would be able to sell your position or a profit.
Futures Markets with Crypto.com
Prediction markets are great for making futures predictions as well. Maybe you think a team like UConn to win the NCAA Tournament this season.
The Huskies are among the favorites, but not at the top of the list. If UConn is making a run in March and teams like Duke, Michigan or Arizona end up getting knocked out, that would also be an opportunity to sell your position for a profit.
This process works the same for all predictions for sports like the NBA, NHL, MLB and more.
Crypto.com Promo Code NEWSWEEK: Get $50 Bonus Offer
To get started with this offer, click here and go through the registration process. You will have to enter basic personal information, like your name, date of birth, mailing address and more. Make sure you also enter the code NEWSWEEK to ensure that you get the bonus.
After that, you will have to go through the steps outlined at the top of the page. Decide how much you want up to $50 in bonuses to jumpstart your account with this offer from Crypto.com.
Newsweek may earn an affiliate commission if you sign up through the links in this article. See the sportsbook operator's terms and conditions for important details. Sports betting operators have no influence over newsroom coverage.
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