Bonus back on crypto trades Terms and Conditions | Robinhood

Bonus back on crypto trades Terms and Conditions

Robinhood Crypto will offer a bonus-back on qualifying trades to select customers.

For selected customers:

  • If you purchase crypto, you will receive an additional bonus amount credited in the same crypto you purchased
  • If you sell crypto, you will receive a cash bonus based on the sale amount

FAQ

How do I qualify?

This bonus-back campaign is available only to select customers on qualifying trades. Only those Robinhood Crypto customers that Robinhood Crypto contacts directly are eligible to participate in this promotion. This promotion doesn't apply to trading of USD Coin (USDC).

When will I receive my reward?

Rewards are paid concurrently with each qualifying purchase or sale transaction and are expected to be granted immediately after the execution of the selected customer’s trade.

Which coins qualify?

Any of our supported coins, except for USDC, qualify for this promotion.

What can I do with my bonus?

If you receive a bonus-back reward, it can be withdrawn, transferred, or used to trade immediately after it is granted.

Terms and Conditions

The Robinhood Crypto Bonus back on crypto trades Terms and Conditions (“Terms”) apply to your access to and participation in the Robinhood Crypto Bonus back on crypto trades promotion (the “Promotion”), which is operated by Robinhood Crypto, LLC (collectively, “Robinhood Crypto”, “our”, “us”, or” we”). These Terms complement and incorporate by reference the Robinhood 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 Robinhood Crypto customers that Robinhood Crypto contacts directly about the offer and who place qualifying trades on Robinhood Crypto during the period beginning 12:00 AM ET on May 14, 2024 until the termination of the Promotion (“Offer Period”). The Promotion is not available to the general public or to all Robinhood Crypto customers. Customers may not request to be enrolled in the Promotion.

Offer: The Promotion is a limited time offer that is only available during the Offer Period, subject to availability and/or while supplies last. Customers selected for the Promotion, and who place qualifying trades during the Offer Period, will receive a corresponding reward based on their trading activity on Robinhood Crypto during the Offer Period. The reward is calculated based on the value of the crypto order multiplied by the percentage specified on the Robinhood Platform at the time of the qualifying transaction. All reward amounts will be paid in crypto or cash and will be credited to your Robinhood Crypto account promptly after each qualifying transaction.

Limitation: The Promotion doesn’t apply to trading of USDC.The reward may be delayed, declined, or rescinded in Robinhood Crypto’s sole discretion if, for example, Robinhood Crypto determines that there may be circumstances indicating fraud or a violation of these Terms or the Customer Agreement. Robinhood Crypto 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 Robinhood Crypto offers have already been accepted.

The offer isn’t transferable, saleable, or valid in conjunction with certain other offers, and is available to U.S. residents only. Employees, contractors, or persons similarly associated with Robinhood Crypto or a Robinhood affiliate; members of their household; registered representatives of broker-dealers, employees of any securities regulatory organization or exchange; 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 isn’t an offer or solicitation in any jurisdiction where we aren’t 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 cash reward before enrolling. For taxable accounts, the value of all Robinhood Crypto offers received may be reported as Other Income on a Form 1099-MISC or a 1099-B (if applicable) where required by applicable rules and regulations. Disclosures: The trading and holding of digital assets involves significant risk, including the risk of substantial loss.

Crypto services are offered through an account with Robinhood Crypto, LLC (NMLS ID 1702840). Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Review our licenses for more information. Crypto held through Robinhood Crypto isn’t FDIC insured or SIPC protected. Robinhood Crypto and its affiliates don’t provide accounting, tax, or legal advice. Individuals should consult their own independent advisors prior to engaging in any business arrangement or transaction utilizing the Robinhood Crypto platform.

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Brokerage services are offered through Robinhood Financial LLC, (“RHF”) a registered broker-dealer (member SIPC) and clearing services through Robinhood Securities, LLC, (“RHS”) a registered broker dealer (member SIPC). Cryptocurrency services are offered through Robinhood Crypto, LLC (“RHC”) (NMLS ID: 1702840). The Robinhood Money spending account is offered through Robinhood Money, LLC (“RHY”) (NMLS ID: 1990968), a licensed money transmitter. Credit card products are offered by Robinhood Credit, Inc. (“RCT“) (NMLS ID: 1781911 and issued by Coastal Community Bank, pursuant to a license from Visa U.S.A. Inc.

The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard® International Incorporated. RHF, RHY, RHC and RHS are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. RHF, RHY, RHC and RHS are not banks. Securities products offered by RHF are not FDIC insured and involve risk, including possible loss of principal. Cryptocurrencies held in RHC accounts are not covered by FDIC or SIPC protections and are not regulated by FINRA. RHY products are not subject to SIPC coverage but funds held in the Robinhood Money spending account and Robinhood Cash Card account may be eligible for FDIC pass-through insurance (review the Robinhood Cash Card Agreement and the Robinhood Spending Account Agreement).

Options trading entails significant risk and is not appropriate for all customers. Customers must read and understand the Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount.

Commission-free trading of stocks, ETFs and options refers to $0 commissions for Robinhood Financial self-directed individual cash or margin brokerage accounts that trade U.S. listed securities and certain OTC securities electronically. Keep in mind, other fees such as trading (non-commission) fees, Gold subscription fees, wire transfer fees, and paper statement fees may apply to your brokerage account. Please see Robinhood Financial's Fee Schedule to learn more.

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All investing involves risk.

Brokerage services are offered through Robinhood Financial LLC, (“RHF”) a registered broker-dealer (member SIPC) and clearing services through Robinhood Securities, LLC, (“RHS”) a registered broker dealer (member SIPC). Cryptocurrency services are offered through Robinhood Crypto, LLC (“RHC”) (NMLS ID: 1702840). The Robinhood Money spending account is offered through Robinhood Money, LLC (“RHY”) (NMLS ID: 1990968), a licensed money transmitter. Credit card products are offered by Robinhood Credit, Inc. (“RCT“) (NMLS ID: 1781911 and issued by Coastal Community Bank, pursuant to a license from Visa U.S.A. Inc.

The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard® International Incorporated. RHF, RHY, RHC and RHS are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. RHF, RHY, RHC and RHS are not banks. Securities products offered by RHF are not FDIC insured and involve risk, including possible loss of principal. Cryptocurrencies held in RHC accounts are not covered by FDIC or SIPC protections and are not regulated by FINRA. RHY products are not subject to SIPC coverage but funds held in the Robinhood Money spending account and Robinhood Cash Card account may be eligible for FDIC pass-through insurance (review the Robinhood Cash Card Agreement and the Robinhood Spending Account Agreement).

Options trading entails significant risk and is not appropriate for all customers. Customers must read and understand the Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount.

Commission-free trading of stocks, ETFs and options refers to $0 commissions for Robinhood Financial self-directed individual cash or margin brokerage accounts that trade U.S. listed securities and certain OTC securities electronically. Keep in mind, other fees such as trading (non-commission) fees, Gold subscription fees, wire transfer fees, and paper statement fees may apply to your brokerage account. Please see Robinhood Financial's Fee Schedule to learn more.

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