Review·Los Angeles·Updated September 6, 2026·CFTC-regulated event contracts (via OG)

    OG (by Crypto.com)

    #4 overall, biggest welcome bonus and works on any device. Broad state coverage including California.

    Bonus:Get up to $100 in bonuses with code CAPREDICTS · new US traders, 21+

    4.7

    Verified by Catie Di Stefano on September 6, 2026 · 16 test trades

    Sign up at OG (by Crypto.com)
    CFTC-regulated event contracts (via OG)Available in CaliforniaLive since 201621+ · US residents only

    Founded 2016 · CFTC-regulated event contracts (via OG) · iOS, Android, Web

    Last updated: September 6, 2026
    Sign up at OG (by Crypto.com)

    21+. Trading event contracts involves risk of loss. T&Cs apply. Trade responsibly.

    Quick answer: is OG (by Crypto.com) legal in California?

    Yes, OG (by Crypto.com) is legal in California in 2026. CFTC-regulated event contracts (via OG), and federal commodities regulation preempts California gambling statutes, so residents 21 and older can sign up, deposit and trade. Last verified by our team on September 6, 2026.

    Some links on this page are affiliate links. We may earn a commission if you sign up, at no cost to you. How we make money.

    Best for

    • New traders chasing a bigger bonus
    • Crypto.com users
    • Sports event contracts

    Not ideal for

    • Politics-heavy traders
    • Users in states outside OG's footprint

    What is OG (by Crypto.com)?

    OG (by Crypto.com) is a cftc-regulated event contracts (via og) that lets users take positions on the outcomes of real-world events: sports, politics, economics, and culture. Founded in 2016, it operates under U.S. federal commodities law, which makes it available to traders in every state, including California.

    What sets OG (by Crypto.com) apart is its positioning: cftc-regulated event contracts. get up to $100 in bonuses.. That's not marketing copy. It's reflected in the product, the markets offered, and the kind of trader who sticks around.

    Is OG (by Crypto.com) legal in California?

    Yes. OG (by Crypto.com) operates as a CFTC-regulated venue, which means it falls under federal commodities law rather than state gambling law. California's lack of a legal online sportsbook doesn't apply here. Event contracts are a different financial instrument with different regulators.

    That said, the legal picture is still being contested. Some state attorneys general have challenged certain platforms; the CFTC has consistently defended its jurisdiction. For the full backdrop, see our California legality guide.

    OG (by Crypto.com) state availability

    42 live · 9 restricted

    Alabama
    Alaska
    Arizona
    Arkansas
    California
    Colorado
    Connecticut
    Delaware
    Washington DC
    Florida
    Georgia
    Hawaii
    Idaho
    Illinois
    Indiana
    Iowa
    Kansas
    Kentucky
    Louisiana
    Maine
    Maryland
    Massachusetts
    Michigan
    Minnesota
    Mississippi
    Missouri
    Montana
    Nebraska
    Nevada
    New Hampshire
    New Jersey
    New Mexico
    New York
    North Carolina
    North Dakota
    Ohio
    Oklahoma
    Oregon
    Pennsylvania
    Rhode Island
    South Carolina
    South Dakota
    Tennessee
    Texas
    Utah
    Vermont
    Virginia
    Washington
    West Virginia
    Wisconsin
    Wyoming

    Availability can change without notice as state regulators issue guidance. Always check the OG (by Crypto.com) app for live access in your state before depositing.

    What can you trade on OG (by Crypto.com)?

    OG (by Crypto.com) covers Crypto, Sports, Macro. New markets are added weekly.

    Practically, that means contracts on game outcomes, championship futures, player and team milestones, election results, Fed decisions, inflation prints, award shows, and cultural events.

    How does OG (by Crypto.com) work?

    Every contract on OG (by Crypto.com) resolves to either $1 (yes) or $0 (no). The price you pay reflects the market's implied probability - a contract at 62¢ means a 62% chance.

    You don't have to hold to resolution. You can sell at any time. If the price moves to 78¢, you can lock in the gain. This is the single biggest mental shift from sportsbook betting: you're trading a price, not placing a wager. For the full mechanic, read how event contracts work.

    How much does OG (by Crypto.com) charge?

    OG (by Crypto.com) charges fees on a per-contract basis, typically a small fraction of a cent per contract or a low percentage of the trade. Compared to a sportsbook's 5-10% built-in vig, the fee structure is dramatically more transparent.

    Liquidity varies by market. High-profile events like presidential elections or playoff series are deep, while niche markets can be thin. Always check the bid-ask spread before taking a position.

    Marketplace · Sponsored

    Get up to $100 in bonuses with code CAPREDICTS

    21+ · US residents only · T&Cs apply

    Sign up at OG (by Crypto.com)

    Is OG (by Crypto.com) safe?

    Yes. OG (by Crypto.com) is regulated by the CFTC, segregates customer funds, and is required to meet federal compliance and reporting standards.

    That regulatory backstop is the single biggest reason California traders choose CFTC-regulated venues over offshore sportsbooks, which operate outside U.S. consumer protection.

    Who should use OG (by Crypto.com)?

    OG (by Crypto.com) is best for new traders chasing a bigger bonus, crypto.com users, and sports event contracts.

    If that profile fits you, OG (by Crypto.com) earns its 4.7/5 rating and belongs in your account rotation.

    Who should not use OG (by Crypto.com)?

    OG (by Crypto.com) is not ideal for politics-heavy traders or users in states outside og's footprint.

    If that's you, browse our full platform rankings for a better fit.

    How does OG (by Crypto.com) compare to Polymarket?

    OG (by Crypto.com) and Polymarket are both CFTC-regulated event-contract venues, but they target different traders. See our full OG (by Crypto.com) vs Polymarket comparison.

    In short: OG (by Crypto.com) excels at new traders chasing a bigger bonus, while Polymarket is typically the default for broader U.S. coverage and brand recognition.

    OG (by Crypto.com) vs Polymarket at a glance
     OG (by Crypto.com)Polymarket
    RegulationCFTC-regulated event contracts (via OG)CFTC-regulated (US iPhone app)
    Founded20162020
    Our rating4.7 / 54.8 / 5
    MarketsCrypto, Sports, MacroPolitics, Culture, Sports
    BonusGet up to $100 in bonusesDeposit $10 Get a $50 Trading Bonus!
    DeviceWeb + iOS + AndroidiPhone app only
    Best forNew traders chasing a bigger bonusiPhone-first traders

    Full OG (by Crypto.com) vs Polymarket comparison →

    How do I sign up for OG (by Crypto.com)?

    Visit OG (by Crypto.com), complete identity verification (KYC), fund your account from a U.S. bank, and start trading. The full process typically takes under 10 minutes.

    You must be at least 21 years old. Read terms before funding your account.

    Responsible trading tools

    OG (by Crypto.com) provides deposit limits, self-exclusion options, and links to support resources. If trading stops being fun, take a break. Call 1-800-GAMBLER or visit ncpgambling.org.

    Our verdict

    #4 overall, biggest welcome bonus and works on any device. Broad state coverage including California. OG (by Crypto.com) earns 4.7 out of 5 in our rankings: a strong choice if you fit the profile.

    OG (by Crypto.com): Frequently asked questions

    Does OG (by Crypto.com) have a promo code?

    Yes, new US traders can use code CAPREDICTS to receive a Get up to $100 in bonuses. New US traders, 21+. Eligibility varies by state.

    What is the minimum deposit for OG by Crypto.com?

    OG has no formal minimum for event contracts, though most California traders start with $20 to $50 so they can size positions properly and qualify for the full welcome bonus with code CAPREDICTS.

    How long do OG withdrawals take in California?

    Withdrawals from OG typically clear in 1 to 2 business days back to the funding card or bank account. Our latest August 2026 verification pass completed a withdrawal the same day it was requested.

    What is the best OG by Crypto.com alternative?

    Polymarket if you want the deepest live in-play book on iPhone, or Kalshi if you want the widest political and economic market coverage. Both are CFTC-regulated and legal in California.

    What is OG by Crypto.com?

    OG is the CFTC-regulated event-contracts venue powered by Crypto.com. It offers sports, crypto, and macro event markets to US traders, including California residents, with a welcome offer of up to $100 in bonuses using promo code CAPREDICTS.

    Is OG / Crypto.com event trading legal in California?

    Yes. OG is a CFTC-regulated venue and is available to California residents alongside 41 other US states.

    What's the OG welcome bonus?

    New traders can earn up to $100 in bonuses when signing up with promo code CAPREDICTS. Eligibility varies by state. See OG's terms.

    What can I trade on OG / Crypto.com?

    Sports event contracts, crypto-related event markets, and select macro events through the OG-powered exchange inside the Crypto.com app.

    How much does OG charge for event contracts?

    Per-contract fees vary by market and are disclosed at order entry. Fees are competitive with other CFTC-regulated venues.

    Is OG safe?

    Yes. OG operates under CFTC regulation with segregated customer funds and federal compliance requirements.

    How does OG compare to Kalshi?

    Kalshi has broader market coverage (politics, economics, weather) and the longest track record. OG is the strongest alternate for new traders. Its up-to-$100 welcome bonus is the largest in the category, and it's a natural fit if you already use Crypto.com.

    Do you need an SSN for Crypto.com / OG?

    Yes. OG event contracts are CFTC-regulated and Crypto.com is a licensed money transmitter in California, so KYC collects a full SSN to verify identity and meet federal reporting rules. SSN data is transmitted over TLS and stored under standard financial-data safeguards.

    Do you pay taxes on Crypto.com / OG event-contract winnings?

    Yes. Net OG event-contract profits are taxable as ordinary income and reported on IRS Form 1099-MISC when annual winnings exceed $600. California residents also owe state income tax. Tax documents live inside Crypto.com under Account → Documents at year-end.

    How do I delete my Crypto.com / OG account?

    Withdraw any remaining balance to your linked bank or crypto wallet, then open Settings → Help → Close Account inside the Crypto.com app, or email support to request closure. Crypto.com retains KYC records for the period required by federal money-transmitter and CFTC rules.

    Does OG charge deposit or withdrawal fees?

    OG event-contract deposits and withdrawals inside the Crypto.com app are free on ACH and standard USD rails. Crypto withdrawals pay network gas, shown at confirmation.

    How long does it take to withdraw funds from Crypto.com UpDown Options?

    Withdrawals from the Crypto.com app, which hosts the OG UpDown Options for California users, generally take between 24 to 72 hours to process. Before you can transfer funds to a linked bank account via ACH, the platform requires a security verification period. For larger amounts, the manual review process may extend the timeline, ensuring all regulatory anti-money laundering requirements are met before the capital is released.

    Is a mobile app available for Crypto.com event trading?

    Yes, all event contract trading (UpDown Options) is integrated directly into the main Crypto.com mobile app available on both iOS and Android. California residents can download the app, complete the identity verification process, and access the 'Strike Options' or 'UpDown Options' section. The app provides a streamlined interface for real-time price tracking and execution, specifically designed for mobile-first users in the United States.

    What is the minimum deposit to start trading on Crypto.com?

    The minimum deposit on Crypto.com varies depending on the funding method used. For ACH transfers from a California bank account, the minimum is typically $20. If you are depositing via a debit card, the minimum may be lower, though card transactions often incur additional processing fees. Once funds are in your fiat wallet, you can purchase individual event contracts which often trade for as little as $1.

    Sources & further reading

    Every figure and legal claim on this page traces back to a primary source. These are the ones we checked, open them and verify us.

    How OG (by Crypto.com) compares

    Polymarket

    The world's largest prediction market, now live on iPhone in the US.

    4.8
    PoliticsCultureSportsNews

    Deposit $10 Get a $50 Trading Bonus!CodeCAPREDICTS

    Read Polymarket review

    ProphetX

    Your sports prediction market. Same moments, bigger payouts. Now available nationwide.

    4.7
    SportsPeer-to-peerNFLNBA

    Trade $10 Get $20!CodeCAPREDICTS

    Read ProphetX reviewSign up at ProphetX

    Kalshi

    The regulatory leader.

    4.6
    PoliticsSportsEconomicsCulture

    Trade $25 and Get $25!CodeCAPREDICTS

    Read Kalshi reviewSign up at Kalshi

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    #4 overall, biggest welcome bonus and works on any device. Broad state coverage including California.

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    Must be 21+. Read terms on OG (by Crypto.com).com. We earn a commission if you sign up.