Robinhood Crypto New Customer Net Buys Promotion Terms and Conditions
New Robinhood Crypto customers will be eligible for the promotion provided they have opened an account on 15 May 2024 or later.
Your reward amount is calculated by taking your total buys minus your total sells during your first 30 days on Robinhood Crypto, multiplied by 10%. The bonus will be paid out in USDC.
For example, if you buy a total of €1,000 of crypto and sell a total of €200 of crypto, your net buy is €800. Multiply your net buy by 10% and your reward is €80 paid in USDC.
Rewards will be paid out the first week of the following month after a customer has been on Robinhood Crypto for 30 days. For example, if you sign up on 18 May 2024, you will receive your rewards the first week of July.
You must hold the reward for 180 days.
There is nothing you need to do to receive your rewards. They will automatically be added to your account.
The Robinhood Crypto New Customer Net Buys Promotion Terms and Conditions (“Terms”) apply to your access to and participation in the New Customer Net Buys Promotion(the “Promotion”), which is operated by Robinhood Europe, UAB (collectively, “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: The Promotion is valid only for those RHEC New Customers that Robinhood Crypto contacts directly about the offer during the period beginning [12:00:00 AM] [UTC] on 15 May 2024 until the termination of the Promotion (the “Offer Period”). For purposes of these Terms, a “New Customer” is one who has never previously had a RHEC account and who applies for and is approved for a RHEC account. The Promotion is not available to the general public or to all RHEC customers. RHEC customers may not request to be enrolled in the Promotion.
Offer: This Promotion is a limited time offer, subject to availability and/or while supplies last. Eligible New Customers will receive a crypto reward on their net crypto buys during their first 30 days on the RHEC Platform (the "Qualifying Period”). The reward is calculated by taking the amount of crypto bought in euros minus the amount of crypto sold in euros during the Qualifying Period and multiplied by 10%. All reward amounts will be paid out in USDC and will be paid out the first week of the following month after the Qualifying Period.
Limitations: Reward recipients must hold the reward for 180 days after the date it is granted. The reward 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 limited to certain jurisdictions only and 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.