Coinbase Referral Code: October 2025
Crypto and prediction markets have gone hand in hand for a long time. Now, Coinbase, one of the most prominent public cryptocurrency exchanges on the market, plans to enter the prediction market space.
Here at RotoGrinders, we’re diving in deeper into how one might use Coinbase to trade predictions contracts on sports and other markets. Plus, we’ll discuss the potential for a Coinbase referral code.
What Is the Coinbase Referral Code?
No Coinbase referral code is available at the moment, but the RotoGrinders team will keep you updated as the predictions market product rolls out.
| ⭐ Coinbase Promo Code | TBD |
| 💰 Coinbase Sign-up Bonus | TBD |
| 📝 Coinbase Bonus Terms | TBD |
| 📅 Offer Last Verified by RotoGrinders On: | October 29, 2025 |
Once Coinbase officially rolls out its predictions market, there’s a good chance that a referral code will be available. A welcome bonus and code should help Coinbase compete against fellow predictions markets such as Kalshi and Polymarket.
How to Claim the Coinbase Referral Code
While it’s unclear what the Coinbase referral code for prediction markets will be, it should function similarly to the referral code process currently used for crypto traders.
The four main steps for using a Coinbase referral code are the following:
- Create a new Coinbase account using an existing referral link or code. You’ll be asked to enter some common registration fields, such as your full name and email address, and then create a unique password.
- Verify your identity. Here, you’ll be asked to upload a copy of a government-issued ID and share some additional personal details. This is required for security reasons and to claim the welcome bonus. Expect to see a similar initiative when prediction markets launch at Coinbase.
- Deposit at least $25 into your account. It remains to be seen what the referral code targeted towards prediction market sign-ups will be.
- Trade a certain amount—for cryptocurrency, it’s $100.
- Claim your welcome bonus.
It’s expected that the process for the Coinbase referral bonus offered for prediction markets will be similar to this, potentially providing a signup bonus for new users.
How to Put Money in Your Coinbase Account
Users can fund their Coinbase account through traditional deposit methods found at mobile sportsbooks, like ACH transfers, debit cards, credit cards, and PayPal. The deposit time for these accounts ranges from instant to 1-3 business days, and trading fees may apply based on the chosen method.
For those already in the cryptocurrency market, users can fund their Coinbase wallet with transfers from other crypto exchanges and wallets.
One thing that new Coinbase users should be aware of before making a deposit is that there is a difference between funding your Coinbase wallet and funding your Coinbase exchange account. Depending on what you’re interested in trading, be sure to know where you’re depositing before you get started.
What We Expect from the Coinbase Predictions Market
Coinbase’s goal in the big picture is to be seen as an exchange for trading of all kinds. Beyond their current crypto offerings, they want to specialize in tokenized real-world assets, stocks, derivatives, early-stage token sales, and, yes, predictions markets.
A prediction market is a fully regulated financial exchange that is rapidly becoming more mainstream and popular. Initially started in the back alleys of the Internet, these types of exchanges are coming to the forefront because of their newly regulated legal status, growing prominence, and focus on performance security.
Prediction markets allow users to speculate on the outcome of almost anything—sports, political outcomes, pop culture, you name it.
As Coinbase has expanded their offerings, they’re starting to butt up against online sportsbooks, as they’re offering the opportunity to trade on the outcomes of sporting events, but in a different format, (which may have different fees associated with them).
What Are Predictions Markets?
Prediction markets are driven by the buying and selling of event contracts, which function similarly to shares in a stock exchange. The likelihood of the event outcome determines the price of an event contract. Most commonly, questions are framed as a “yes” or “no” answer, with users pick which side of the decision they want to buy.
As market factors change and new info becomes available around the event, the price of the Yes/No outcomes can change dramatically. Like any market, there’s plenty of opportunity for those who buy in early on event outcomes.
The specifics of what Coinbase will offer as a prediction market are unclear. The prevailing sentiment is that they’ll strive to compete with other exchanges such as Crypto.com and Manifold Markets, so expect everything from sports and politics to contracts on economics, finance, tech, science, & culture.
If you want something similar to the Yes/No style at Coinbase, consider playing pick’em at the best DFS apps.
Coinbase Referral Program
The Coinbase referral program, in its current form for crypto, is a great way to invite others to try the Coinbase platform. Existing users have a unique referral link tied to their account, which they can share with others to help them join the Coinbase platform.
When friends sign up for Coinbase using your referral link and complete a trade of at least $100 of cryptocurrency within 180 days of signing up, both you and your friend receive a crypto bonus.
Can You Bet on Sports on Coinbase?
Coinbase will offer trading on predictions markets rather than online sports betting. In any case, you should be able to trade on sports contracts at Coinbase.
Coinbase has said it wants to create an “everything exchange” where people can trade on just about anything from oil and gas futures to crypto prices and everything in between.
This speculation also comes from our experience at exchanges like Polymarket and Kalshi, but it remains to be seen if Coinbase will have the same depth of sports markets. We’re hoping to see contracts for everything from the NFL, NBA, MLB, and NHL to more niche markets.
Event Contracts vs. Sports Betting
Trading in prediction markets differs significantly from wagering at sportsbooks like BetMGM.
Event contracts are the bread and butter of the prediction market, so it’s essential to know the differences between bets and contracts before giving prediction markets a start.
- Odds: Sportsbooks set their odds, and while they move due to market activity and other factors, they’re also set with a built-in advantage (known as the “vig”). Pricing at an exchange like Coinbase is set by the market, and users are subject to transaction fees.
- Bet types: Sportsbooks allow users to bet on moneylines, point spreads, parlays, same-game parlays, totals, teasers, etc. Coinbase is a little more simple—just take the Yes or No on an event outcome.
- Availabilty: Because predictions markets are subject to federal Commodity Futures Trading Commission regulation instead of state-by-state gambling commissions, they tend to be more widely available than sportsbooks.
Is Coinbase Legit?
Coinbase is a bona fide cryptocurrency exchange. While cryptocurrency is only starting to become more mainstream, Coinbase’s bent towards being the “safest” place to trade cryptocurrency is a solid marketing tactic.
When Coinbase enters the prediction market, it will employ a similar marketing strategy, highlighting that they are an excellent platform for new traders to become familiar with the mechanics of event trading.
With this brand strategy and its regulatory status confirmed by the Commodities Futures Trading Commission (CFTC), Coinbase will be seen as a legitimate place for trading cryptocurrency, event contracts, and other related products and services.
Coinbase App Review
Coinbase is considered an excellent app for those who are new to cryptocurrency trading. The interface is easy to navigate, and its target audience is newer, more inexperienced users who are not familiar with the ins and outs of cryptocurrency trading.
The interface is easy to navigate, with lots of round buttons that are easy to click on. Navigational menus are clearly labeled and easy to follow.
I’d recommend starting with the basic Coinbase platform. The Coinbase Advanced Trade platform is also within the same app, but resist the tempation to jump to this more complicated interface until you’ve got the essentials down pat.
As Coinbase pushes forward with its move into prediction markets, it will benefit its users if the prediction market area is labeled appropriately and is easy to navigate on mobile as well as desktop.
Coinbase and Taxes
A vital adjustment that players familiar with sports betting need to remember when transitioning over to prediction markets is that prediction markets should be treated as financial markets, similar to the stock market and bond trading markets.
Any profits made from trading on Coinbase’s prediction markets will need to be reported to the IRS as taxable income, but you’ll likely pay less than you would with sports betting due to a blend of ordinary and long-term capital gains rates.
Coinbase Customer Support
Coinbase customer support is responsive and has multiple channels through which they can respond to your queries. Customers can use chat, phone, email, or even snail mail if they choose.
Customer support at Coinbase is essential to the success of their move into the prediction market space. Most of their customers are new to the crypto and prediction market space, so it will be imperative for their staff to be compassionate and educational to their user base.
And while it’s not entering the sports betting field, Coinbase’s resemblance to wagering will likely result in responsible gambling features/initiatives.
Coinbase Referral Code FAQs
Need a quick answer on the Coinbase referral code? This section should be a big help.
What is the Coinbase Referral Code?
The Coinbase referral code for crypto trading is a referral bonus unique to each user. With each referral link used, the new user must trade at least $100 in cryptocurrency within 180 days. When this happens, both the person who provided the referral link and the new user receive $200 in Bitcoin.
Does Coinbase have a predictions market?
Coinbase is preparing to launch a prediction market that they call “an everything trading app.” It is unclear when this will be offered.
Can I bet on sports on Coinbase?
It is expected that Coinbase will offer event contracts on sports when prediction markets become legal at Coinbase.
Do I have to use cryptocurrency on Coinbase?
You do not have to use cryptocurrency on Coinbase. You will likely be able to use fiat currency, such as USD, at their prediction market offering when it becomes available.
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