STX Referral Code(2026): Bonus, Markets & U.S. Availability

Anthony Elio Sports Betting Expert ✅ Fact checked by Natali Toiw

6 minute read

STX (Sports Trading Exchange) is a peer-to-peer sports betting exchange app that's currently available exclusively in Ontario, Canada. If STX ever expands into the U.S. market and introduces an STX referral code, the platform could sit somewhere between prediction market exchanges like Kalshi and Polymarket and traditional sportsbooks such as DraftKings and FanDuel.

Currently, STX is looking for federal approval from the Commodity Futures Trading Commission (CFTC) so it can become available to users in the U.S. A welcome bonus could also become available in the U.S., so bookmark this VegasInsider page for the announcement of an STX referral code.

Quick Facts: STX Referral Code & Bonus Details

How to Claim the STX Referral Code

You can't currently sign up for STX in the U.S., but the platform should offer a welcome code in the country once it rolls out. Make sure to bookmark this page in anticipation of the official STX referral code rolling out.

In the meantime, here's the expected signup process for STX in the U.S.:

1. Download the STX app or visit the STX U.S. website (once live)
2. Click the "Sign Up" option
3. Enter your personal information (e.g.: name, email, phone number, and physical address)
4. Provide the STX referral code (still TBD!)
5. Make your initial deposit
6. Explore the markets and begin making trades

Know Your Customer (KYC) protocols can request additional verification, like your social security number or uploading an image of your photo ID. This is common practice before funding your account.

What STX Is: The 0-to-100 Contract Model

It's important to note that STX isn't a traditional sportsbook where you place bets against the betting operator itself with numbers set by a bookmaker. Instead, STX functions as a betting exchange where users trade contracts with other participants on the platform.

Each market is structured around a simple Yes/No outcome.

Here’s how the contract model works:

• All options answer a "Yes" or "No" question. For example, "Will the Detroit Lions win tonight?" or "Will the Los Angeles Lakers cover the -4.5 spread?"
• Users can buy “Yes” contracts or sell them, effectively taking the opposite “No” position.
• Contracts settle at $100 if the outcome occurs and $0 if it does not.
• Prices can trade anywhere between $0 and $100, depending on market demand.
• If you choose to buy "Yes" at $70 and are correct, you've risked $70 and bring in $30 in profit.
• Price movement of a contract reflects the likelihood of the event. If there's an $80 "Yes" price on "Will the Edmonton Oilers win tonight?" that means they have a 80% chance of victory.

So, basically, you trade contracts with other users instead of betting against a traditional oddsmaker, like the most traditional sportsbooks in the U.S.

This explanation reflects how the current Ontario version of the STX app works, and the contract structure could look different if the platform ever launches in the United States.

STX vs. Traditional Sportsbooks

Many potential users might wonder why they would use STX instead of a mobile sportsbook like FanDuel, DraftKings, or BetMGM. Here are the main benefits of choosing STX:

• No Hidden Vig: While online sportsbooks generally create -110 lines with a 4-5% hold, STX only charges up to a 3% commission on winning bets, with no fees applied to losing positions.
• No Limit on Winners: Some successful bettors receive wagering limits with traditional sportsbooks. Meanwhile, STX's peer-to-peer nature means it thrives on high volume, so you shouldn't expect any limits or bans the more you win.
• Play the Bookmaker: You can place "Limit Orders," meaning you set a minimum price you'll take on a certain trade. While it might take longer to find a match (and you might not find one), you can get the minimum price you want or better.

How the CFTC and STX Will Work in the U.S.

With STX potentially looking to launch in the U.S., it has the option to seek regulation from the Commodity Futures Trading Commission (CFTC) or individual state gaming boards. The CFTC is the regulating body behind some of the top prediction market apps in the U.S. such as Kalshi and Polymarket, while state gaming boards (Michigan Gaming Control Board, New York State Gaming Commission, etc.) regulate sportsbooks like DraftKings and FanDuel.

Because of STX's focus on trading contracts for particular events rather than making traditional wagers, the CFTC is a better fit for the platform. The major benefit from CFTC regulation is the ability for STX to offer political markets on events such as U.S. elections, which is currently unavailable with traditional sportsbooks.

Important STX Tech Info to Know

When you're monitoring live lines on any sports gaming app, you want to make sure the platform is speedy and won't crash. That's because, if you miss the number you want, you could lose money in the long run.

The STX mobile app is designed to deliver fast trade execution and real-time market updates, although the company has not publicly disclosed the underlying technology stack.

This type of speed lets STX users engage in high-frequency trading, meaning you can execute big trades at fast speeds. As users trade positions, including after a game has started, they're able to use the app's speed to get the best number and make a trade without waiting as the order is pending.

The STX App Experience & "Smart Wallet"

STX currently offers a mobile app specifically for iOS users in Ontario, meaning you can easily sign up and place trades on your iPhone or iPad. The app has a design that's ideal for newcomers, and anyone with experience using sportsbooks or prediction markets should be able to traverse it with ease.

The mobile app's speed allows for trading in a microsecond, which is excellent news for anyone that enjoys live trading.

No Android app is available at the moment, although the platform could expand to the Google Play Store in the future.

Additionally the app offers the Smart Wallet function, which frees up your available balance based on making a trade to hedge a profit. This means the system knows when you're most likely to make a profit and makes your locked cash balance available for other trades.

STX Markets: Sports & Pop Culture

STX offers contracts on some of the most popular sports across different leagues. Here's a full list of the different sports available with STX:

• NFL
• NBA
• College basketball
• Soccer (UEFA, Serie A, LaLiga, etc.)
• NHL
• Golf
• College football
• Tennis

Instead of getting approval from state gaming boards, STX is looking to be regulated federally by the CFTC. Because of this, you'll be able to potentially engage in exchange betting for the U.S. Presidential Election and other political markets.

STX vs. Popular U.S. Competitors

If STX launches in the U.S., it could complete with popular exchange-style betting platforms and prediction markets sites such as Novig, Sporttrade, ProphetX, and Kalshi.

You can explore these platforms and their available promo codes during registration below.

Expected STX U.S. Banking Options

Currently, Canadian users have access to a variety of deposit options. Many of these standard banking methods should also become available alongside the potential U.S. launch of the platform.

Here are the possible STX banking options you can expect:

• Visa
• Mastercard
• PaySafeCard
• Bank transfer
• ACH
• Wire transfers

Deposits on the platform are typically processed instantly, while withdrawals usually take around 3–5 business days after internal processing, depending on the payout method.

Pros & Cons of the STX Exchange

While taking a deeper look at the STX platform, it's essential to consider both its pros and cons. Here are the pros of signing up for STX Exchange:

✅​ Prices are set by the market

✅ ​Users set their own odds

✅ ​No limits on winning users

✅​ Ability to legally trade on elections

Meanwhile, here are the cons of using STX Exchange:

❌​ Hasn't launched in the U.S.

❌​ Someone has to take the other side of your trade

❌​ Might be complicated for anyone looking for a simple trading experience

❌​ Lack of other popular markets found with prediction apps

Responsible Gaming on STX

STX ensures that its users have access to numerous responsible gaming tools. This is meant to assist with anyone struggling with problem gaming or finding that STX is having an effect on other aspects of their life.

Here are the responsible gaming tools currently offered by STX in Ontario, which could also be available to U.S. users if the platform launches there:

• Deposit limits: Limit how much you can deposit into your account on a daily/weekly/monthly basis.
• Time limits: Set a maximum amount of time you can spend on the STX app.
• Max wager limits: Flexible limits on the maximum amount to spend on a single order or the total you can spend on all your orders.
• Loss limits: Similar to deposit limits, a daily/weekly/monthly cap you can put on your losses.
• Cool off periods: Take a break from STX for a set amount of time up to five years.
• Reality checks: A way to see how much time you've spent on the app since you've signed in.
• Self exclusion list: You'll be unable to log into your account for six months, one year, or five years.

VegasInsider's Final STX Referral Code Notes

With STX potentially launching in the U.S., sports fans could sign up for the unique betting exchange in the future. Here's everything you need to know about the platform:

• STX is a sports betting exchange where users trade contracts with each other.
• Users can set their own prices for these contracts, and instead of built-in sportsbook margins, STX charges a commission on winning trades.
• Unlike with traditional sports betting apps, successful STX users won't be limited or banned.
• Contracts cover major leagues like the NFL, NBA, MLB, as well as college football and basketball.

Additionally, an STX referral code hasn't been revealed yet, but could become available if the site expands. Make sure to keep an eye on this page for more information on the STX launch and any bonus code information.

STX Referral Code FAQs

As STX potentially expands beyond its current markets, there’s still plenty to learn about the betting exchange app. Below are answers to common questions, including whether STX is available in the U.S., what types of markets it offers, and whether a referral code is available.

Is STX legal in the U.S.?

STX hasn't launched yet in the U.S. and is only available in Ontario, Canada. However, STX is currently looking for federal approval from the CFTC so it can launch in the U.S.

What is the STX referral code?

The STX referral code is TBD for its U.S. launch, with more details expected in the future. Keep an eye on this page for updated information on the referral code.

How does the STX commission work?

STX commission fees are pretty simple, as the platform will take up to 3% fee on winning trades. However, you won't need to pay any fees on losing trades and these fees can be reduced depending on your standing in the VIP/Rewards Program.

Can you bet on politics at STX?

You should be able to engage in political betting and election trading if STX rolls out in the U.S. This is due to its trading exchange model and potential regulation by the CFTC on a federal level.

Can you short a team on STX?

Yes, by taking the "No" option with STX, you can short a team. This means if the event in the contract does not happen, you earn a profit.

How is STX different from a sportsbook?

STX is different from a standard sportsbook as it operates as a peer-to-peer exchange where users bet Yes/No outcomes against each other. Because of this setup, there's no limiting successful traders and no vig added into the odds.

Anthony Elio

Anthony Elio is an experienced writer and editor with a passion for the sports betting and online casino industries. Throughout his career, he has written a wide range of wagering content for sites such as Lineups, the Chicago Tribune, Daily Fantasy Cafe, and the Philadelphia Inquirer. He currently lives in Denver, where he enjoys avoiding Colorado’s outdoor activities and watching Avalanche games. More from Anthony Elio