How to use the EXCH22 code on your first deposit
The bonus code is entered on the deposit screen, not at sign-up. Most players miss this step and have to contact support to get the bonus applied retroactively. Follow the steps below and the bonus lands in your bonus wallet within a minute of the deposit clearing.
- Open Exchange22 and sign in. Use your mobile number and OTP.
- Tap My Wallet → Add Cash. Enter the deposit amount (₹100 minimum).
- Tap "Have a bonus code?" The field appears below the amount selector.
- Type EXCH22 and apply. The bonus preview shows the matched amount.
- Choose your UPI app and approve. The cash lands instantly; the bonus follows within 60 seconds.
Note: the EXCH22 code is valid on your first deposit only. If you deposit without entering the code, support can usually apply it retroactively within 24 hours, but don't rely on this.
Full bonus terms
The headline numbers on the bonus card are the start of the story. The terms below are the ones that actually decide whether you can withdraw the bonus as cash.
| Term | Detail |
| Code | EXCH22 |
| Eligibility | First deposit only, new Indian accounts, KYC complete |
| Minimum deposit | ₹100 |
| Maximum bonus | Set per season (see in-app card) |
| Wagering requirement | Bonus amount must be used as contest entry fees |
| Eligible contests | All paid cricket contests (practice contests excluded) |
| Expiry | 30 days from credit |
| Withdrawal | Bonus winnings withdrawable after wagering |
| One per user | Yes, per mobile number, PAN and device |
Wagering and conversion to cash
The bonus sits in your bonus wallet until you spend it on contest entry fees. Each contest entry deducts from the bonus balance; the winnings (if any) land in your cash wallet and are immediately withdrawable. A ₹500 bonus, used across small-league entries, typically clears in 8–12 contests.
How to track progress
- Open My Bonuses. The progress bar shows wagering remaining.
- Filter contests by "Bonus eligible". Only these contests count toward wagering.
- Avoid withdrawing the deposit before wagering. Cancelling the deposit forfeits the bonus.
Once wagering is complete, the bonus wallet empties and the cash wallet holds the bonus winnings. From there, UPI withdrawal to your bank account usually clears within 15 minutes during business hours.
Exchange22 rule: practice contests do not contribute to bonus wagering. Enter paid contests to clear the requirement.
Referral codes and seasonal offers
Beyond the welcome offer, Exchange22 runs two recurring bonus tracks: a referral code and seasonal promo codes.
Referral codes
- How to find yours: Open Profile → Refer & Earn. Your code is your display name by default.
- Friend's bonus: Both you and your friend get a small deposit match on their first deposit.
- Sharing: WhatsApp, Telegram and Instagram story templates are pre-built in the app.
Seasonal promo codes
- IPL 2026: limited-time deposit match during the opening week of the season.
- India vs Australia: short-window contest-fee refunds on bilateral series.
- Festive offers: Diwali and New Year deposit boosts announced in the app and on the news desk.
Frequently asked questions
What is the Exchange22 welcome bonus code?
Use the code EXCH22 during your first deposit. The minimum deposit is ₹100 and the bonus lands in your bonus wallet within a minute of the deposit clearing.
What is the minimum deposit on Exchange22?
The minimum first deposit is ₹100. Subsequent deposits can be lower, but ₹100 is the safe floor for the welcome bonus.
How do I withdraw the bonus on Exchange22?
Use the bonus balance on contest entry fees. Winnings land in your cash wallet and become withdrawable. Check My Bonuses for the live progress bar.
Does the bonus expire?
Yes, the bonus expires 30 days from credit. Unused bonus balance is removed after expiry.
Can I enter the EXCH22 code after depositing?
Yes, but only within 24 hours. Contact 24/7 in-app chat support with your deposit reference to claim the bonus retroactively.
Is there a no-deposit bonus on Exchange22?
Not for the welcome offer. Practice contests are free to enter, but they don't carry real-money prizes or contribute to bonus wagering.