Crypto deposit match | Robinhood

Crypto deposit match

When you deposit crypto into Robinhood Crypto, you’ll earn 1% back (up to €10,000) in the same crypto instantly.

Check out Supported coins for information on which coins are supported through Crypto transfers.

FAQ

How do I qualify?

You need to be enrolled in Crypto transfers, and make a deposit of crypto during the promotion period, which is between 30 September-30 November.

How is the reward granted?

The reward will be granted in the crypto that you used for the eligible deposit.

What limitations are on the deposit match?

There is a maximum reward amount of €10,000. The max will be based on the Euro amount of the reward at the time of deposit.

You must keep your account balance above the value of your deposits and match rewards for 180 days to keep your bonus. You will be required to hold your reward amount in your coin balance, and will not be able to trade this amount until the holding period has completed.

How do I claim my crypto reward?

1% of the deposited crypto will automatically be added to your coin balance.

Why did my reward amount decrease?

The 1% crypto deposit match is calculated based on your net deposit activity. You can view your deposit and withdrawal history in the app. Your reward amount could decrease if you withdraw crypto assets before the 180-day holding period ends and your portfolio balance falls below the required threshold.

FOR EXAMPLE

Let’s say you deposited 100 USDC and received a reward of 1 USDC. Then let’s say you want to withdraw 50 USDC to another wallet, 0.5 USDC would be deducted from your total reward amount.

Terms and conditions

Last Updated: 30 September 2024

The Robinhood Crypto Deposit Match Terms and Conditions (“Terms”) apply to your access to and participation in the Robinhood Crypto Deposit match program (the “Promotion”), which is operated by Robinhood Europe, UAB (“RHEC”, “our”, “us”, or” we”). These Terms complement and incorporate by reference the Robinhood Europe Crypto Customer Agreement (the “Customer Agreement”). In the event of any conflict between the Customer Agreement and these Terms, the Customer Agreement will control.

Eligibility; Offer: The Promotion is valid only for those RHEC customers in good standing who deposit at least €1 or more in crypto from an external address to their RHEC account (an “Eligible Deposit”) during the period beginning 22:00 UTC on 30 September 2024 to 23:59 UTC on 30 November 2024 (“Offer Period”). This Promotion is a limited time offer that is only available during the Offer Period, subject to availability and/or while supplies last. Upon making an Eligible Deposit, RHEC will credit 1% of such Eligible Deposit amount into your RHEC account in the corresponding crypto, subject to a 180 day earn-out as discussed below (the “Deposit Match Reward”). The Deposit Match Reward will be credited promptly to the customer’s RHEC account.

Limitations: If, during the 180 day period after receiving the Deposit Match Reward, the recipient’s RHEC account value after the customer initiates a withdrawal (other than for purposes of purchasing crypto in their Robinhood Crypto account) is below the net transferred asset value plus any Deposit Match Rewards they have received, RHEC will chargeback a proportional amount of the Deposit Match Reward amounts, separate from and in addition to any network fees or other fees payable for such withdrawals. “Net transferred asset value” is the total value of the initiated crypto deposits minus the value of any outflows during the Offer Period, excluding outflows that led to a chargeback. “Withdrawals” include, but are not limited to, withdrawals of crypto from an RHEC account to an external address and SEPA transactions from an RHEC account to a bank account. However, a withdrawal shall not include the purchase of crypto in your RHEC account.

RHEC reserves the right to monitor deposit and withdrawal activity and rewards may be delayed, declined, or rescinded in RHEC’s sole discretion if, for example, RHEC determines that there may be circumstances indicating fraud or a violation of these Terms or the Customer Agreement. RHEC reserves the right to change or restrict the offer terms, or terminate the offer, at any time without notice. This offer is valid even if other RHEC offers have already been accepted. The offer is only available for personal use, and may not be used for commercial purposes. You represent that you have the necessary consent from your invitee to send them any text, email, or other form of communication relating to this offer.

The offer isn’t transferable, saleable, or valid in conjunction with certain other offers, and is available to eligible RHEC customers. Employees, contractors, or persons similarly associated with RHEC or a Robinhood affiliate; members of their household; and employees of any market maker aren’t eligible. Other restrictions may apply.

Availability is subject to change. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business.

Taxes: Taxes related to this offer are solely your responsibility. Consult with your tax advisor about the appropriate tax treatment for this offer and any tax implications associated with receipt of a crypto reward before enrolling.

Disclosures: Crypto markets are highly volatile, and trading or holding crypto can lead to loss of your assets. Crypto is not legal tender, and is not backed by any government or covered by any government compensation scheme.

Crypto services are offered to eligible customers through an account with Robinhood Europe, UAB (company number 306377915), with its registered address at Mėsinių 5, LT-01133 Vilnius, Lithuania (“RHEC”). RHEC is registered according to the regulatory requirements of the Republic of Lithuania as a virtual currency exchange and virtual currency depository wallet operator. RHEC is supervised by the Lithuanian Financial Crime Investigation Service under the Ministry of the Interior of the Republic of Lithuania. RHEC is registered under No. RDWW-1076 in the register of virtual currency activities, kept by the Director of the Tax Administration Chamber in Katowice, in accordance with the Anti-Money Laundering and Counter-Terrorist Financing Act applicable in Poland. RHEC is also registered according to the regulatory requirements of the Republic of Italy in the special section of the register of bureaux de change (virtual currency and digital wallet services providers) kept by the Organismo Agenti e Mediatori (OAM) under No. PSV153. RHEC is subject to requirements and obligations applicable in the Republic of Italy in accordance with the Legislative Decree No. 231/2007 as to the prevention of the use of the financial system for the purpose of money laundering and terrorist financing and, to this end, is supervised by the Finance Intelligence Unit (Unità di Informazione Finanziaria – UIF) of the Bank of Italy.

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Crypto markets are highly volatile, and trading or holding crypto can lead to loss of your assets. Crypto is not legal tender, and is not backed by any government or covered by any government compensation scheme.

Cryptocurrency services are offered for eligible EU customers through an account with Robinhood Europe, UAB (company number 306377915), with its registered address at Mėsinių 5, LT-01133 Vilnius, Lithuania (“RHEC”). RHEC is registered according to the regulatory requirements of the Republic of Lithuania as a virtual currency exchange and virtual currency depository wallet operator. RHEC is supervised by the Lithuanian Financial Crime Investigation Service under the Ministry of the Interior of the Republic of Lithuania. RHEC is registered under the applicable Polish law as a virtual assets service provider (VASP) in the Register of Virtual Currency Activities maintained by the Director of the Tax Administration Chamber.

Robinhood, 85 Willow Road, Menlo Park, CA 94025.© 2024 Robinhood. All rights reserved.
Follow us on

Crypto markets are highly volatile, and trading or holding crypto can lead to loss of your assets. Crypto is not legal tender, and is not backed by any government or covered by any government compensation scheme.

Cryptocurrency services are offered for eligible EU customers through an account with Robinhood Europe, UAB (company number 306377915), with its registered address at Mėsinių 5, LT-01133 Vilnius, Lithuania (“RHEC”). RHEC is registered according to the regulatory requirements of the Republic of Lithuania as a virtual currency exchange and virtual currency depository wallet operator. RHEC is supervised by the Lithuanian Financial Crime Investigation Service under the Ministry of the Interior of the Republic of Lithuania. RHEC is registered under the applicable Polish law as a virtual assets service provider (VASP) in the Register of Virtual Currency Activities maintained by the Director of the Tax Administration Chamber.

Robinhood, 85 Willow Road, Menlo Park, CA 94025.© 2024 Robinhood. All rights reserved.