Onyx Predictions has not yet launched, but we can make a few assumptions based on other prediction market sites. To help you manage your expectations, we will take a look at the possible Onyx Predictions market bonus.
Top Onyx Predictions Alternative for October
If a welcome bonus is available, it might follow similar patterns to other prediction market sites. Of course, a bonus might not exist at all. While we wait for Onyx Predictions to launch, let’s have a chat about whether promotions will be available, what they may be, and how you might be able to claim them.
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Will There Be an Onyx Predictions Market Promo for New Traders?
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When we started looking at prediction market sites when they started to launch, welcome bonuses were not common at all. In fact, it took quite a while before we encountered our first sign-up bonus at any prediction market site. That said, they are slightly more common now, so we are looking forward to finding out if a bonus is available when we return for a more in-depth
Onyx Predictions review.
If a welcome bonus is rolled out for new traders, the chances are it will be some form of deposit match bonus or a trading bonus that’s attached to your first trade. To help you manage your expectations, here’s an overview of how these bonuses may work, if available.
Deposit Match Bonus
This bonus does exactly what it says on the tin. You will make a deposit and, in return, Onyx Predictions will match it. If available, it might look something like this: a 100% deposit match bonus, up to $100. In this case, you would receive a bonus of up to $100, depending on your deposit value. For example, if you deposit $50, then you will get another $50. Depending on the bonus restrictions, you should be able to use it on any contract or category. Of course, Onyx Predictions will confirm this with you in the T&Cs.
First Trade Bonus
If available, this bonus will be linked to your first trade. It might require you to trade up to a certain amount first before the bonus is released. For example, once you trade $25, you may then get a trading bonus of $100. Or, if you trade $10, you may get a $20 trading bonus. As you can see, it’s a flexible offer that can be whatever Onyx Predictions decides. Typically, this type of bonus can be used across all the available categories, but this is subject to change.
How You Might Be Able to Claim an Onyx Predictions Bonus
The process of claiming a bonus should never be complicated. It should come down to opening a new account and perhaps making a deposit or trading for the first time. Who knows, you might be given a completely free bonus that doesn’t require you to front any funds at all. Either way, the steps should be simple whether you are a new or seasoned trader.
Here is a quick step-by-step guide based on our experience of claiming other rewards, like the
Webull prediction market bonus:
When Onyx Predictions launches, you will be able to tap the links on this page to load the website
Fill out the registration form by entering a few basic details
Verify your email address and/or a contact number
You may need to deposit or trade for the first time
As soon as you qualify, your bonus will be added to your account
Go to the prediction markets and choose your next trade
You May Find a Loyalty or Tier-based Reward System
We always look for some form of loyalty program or a multi-tier reward system. They are not commonplace across all prediction market sites, but they are great to find. Even when we were searching for a
Gemini Predictions prediction market bonus, we kept an eye out for this type of bonus.
This type of system is often based on you hitting certain milestones. For example, it might be based on trading milestones, such as:
Trade $10+
Trade $25+
Trade $100+
As you reach the milestones that have been set, you would then be given the attached bonus or reward. Most likely, it would be a trading bonus that you can use to buy any event contract of your choosing. Of course, this is totally open to change, depending on the approach of the prediction market site. Either way, it is a great reward system because it gives you perks for being a loyal trader. As you make more predictions, you would then work towards the next perk. If you are going to be making predictions anyway, it’s almost like a free bonus.
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Referral Bonuses Are Relatively Popular Among Prediction Market Sites
A referral bonus is perhaps more common than you may have first thought, so it’s entirely possible that this will be available at Onyx Predictions. That said, it may not be, so keep an open mind. If available, it could come in different forms. For instance, you might receive a bonus for every referral you make. Alternatively, you may accumulate perks for hitting referral milestones.
🎁 One-off reward for each referral
This type of bonus is often tied to your referred friend buying event contracts up to a certain amount. For instance, after referring a friend to Onyx Predictions, they may be required to trade $25 before you see any form of reward. The bonus you get might come in a few different forms, too. You may get a one-off trading bonus or perhaps a commission-based bonus on your friend’s trades.
📈 Milestone-based referral program
If this is available, this referral program might offer a few tiers for you to work through. This would work by you referring friends to Onyx Predictions, and then for every tier you reach, your bonus will increase. For example, if you refer up to 5 friends, you might get a 1% bonus on your friends’ trades. If you then refer up to 15 friends, this commission might increase by a few percent.
What You Will Need to Confirm Before Claiming Any Onyx Predictions Promo Code
Promotions and bonuses on prediction market sites come in all shapes and sizes. This is why, when we explore a new bonus, we always check the T&Cs, as you may have seen in our guide on the
ADI PredictStreet bonus. After testing out a range of prediction market bonuses, we have picked up on what to note. Based on our experience, here are a few things you should always clarify first.
1. Do I Need a Promo Code?
If you need a promo code, then it must be entered in the correct field and at the right time. If you get any part of this process wrong, you may forfeit your promotion altogether. Prediction market sites can be strict on this, so if you don’t include the promo code, you often can’t get this rectified later on. That said, Onyx Predictions may be different, but it is not worth the risk.
2. Are There Any Restrictions?
Naturally, you are going to want to use your bonus on your preferred categories. If you enjoy trading on soccer matches, for example, you might not be bothered about claiming a bonus that’s attached to political contracts. So, make sure that any bonus you claim can be used on categories that you are interested in. If it is not interesting to you, then you might decide to skip the bonus, which is perfectly reasonable.
3. When Can I Withdraw My Bonus?
There may be restrictions on how soon you can withdraw your bonus. After all, prediction market sites like Onyx Predictions offer bonuses so new traders are incentivized to explore the site more. So, you might need to meet certain requirements first. For example, it’s reasonable for Onyx Predictions to request that you trade your bonus through a few times first. Then, if you get any settlements on correct predictions, you could then withdraw them.
4. Is the Bonus Available in Your Area?
Prediction market sites are accessible in most US states, but that doesn’t mean that all categories are. So, it’s best to check that the bonus you are looking to claim isn’t limited to a few categories, some of which may be restricted in your area. Check the T&Cs to ensure that the bonus is available to you before you attempt to claim it, so you are not disappointed later on.
5. Is There an Expiry Date?
Not all bonuses stick around. Some promotions will get credited to your account and then removed if you do not use them in time. So, it is best to confirm if there is an expiry date before you claim it, so you know exactly how long you have to use it. If it’s a tight timeframe, then it might be best to wait for a time when you know you will use it.
Conclusion: An Onyx Predictions Bonus Isn’t Confirmed Yet
Onyx Predictions has not launched yet, and there is no confirmed release date. As such, Onyx Predictions is keeping a lot of details private for now. For instance, we do not know if there will be a welcome bonus or any other type of reward at all. Some prediction market sites decide not to roll out bonuses at all, so it is perfectly reasonable to expect no promotions. That said, it would be great to see some form of welcome bonus for new traders.
You can’t sign up just yet, but you can add your name to the waiting list for early access. You can do this by tapping the on-page links and providing your email address in the designated field. You will then be contacted when it is time for you to join Onyx Predictions.
Onyx Predictions Bonus Code FAQs
Not only do we not know what the bonus will be, but we also don’t have confirmation of a bonus being offered at all. We will need to wait for Onyx Predictions to launch or release more information.
If available, a bonus may be added to a dedicated promotions page or offered through a pop-up. Bonuses can be presented in a variety of ways, so be sure to look around the whole site when you can join so you don’t miss out. Don’t worry, just like the
Plus500 prediction market promo, we expect any offers at Onyx Predictions to make themselves visible.
Onyx Predictions has already rolled out a limited website with some information, so it appears that no other details will be announced until the official launch.
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