Lower your fee with crypto deposits
For a limited time, customers using smart exchange routing can upgrade fee tiers instantly with $100K in net crypto deposits by June 4. To qualify, you must:
All crypto supported for transfers on Robinhood are eligible, excluding USDC. Check out Crypto availability for more details.
Once you meet the net deposit threshold, you’re guaranteed your upgraded fee tier for the next 30 days on all smart exchange routing orders. Your tier may upgrade again in that period based on your 30-day trading volume of smart exchange routing orders, but it won’t downgrade. Review Crypto fee tiers to learn more.
Net crypto deposits are calculated as crypto deposits minus crypto withdrawals from April 28, 2025 at 12 PM - June 4, 2025 at 11:59 PM ET. For example, if you withdraw $100K in crypto on April 28, then immediately deposit the same amount, you would have $0 in net crypto deposits. The value of a crypto deposit is determined at the time it settles into your crypto account.
All crypto supported for transfers on Robinhood are eligible, excluding USDC. Check out Crypto availability for more details.
At the end of the 30-day period, your tier will be updated based on your 30-day trading volume of smart exchange routing orders. For more information on tier upgrades, check out Crypto fee tiers.
To be eligible, you must:
BY PARTICIPATING IN THE PROMOTION, YOU (“PARTICIPANT” OR “YOU”) ACKNOWLEDGE THAT YOU HAVE READ THESE TERMS, UNDERSTAND THEM, AND AGREE TO BE BOUND BY THEM. IF YOU DO NOT AGREE TO ANY OF THESE TERMS, DO NOT PARTICIPATE IN THE PROMOTION. These terms and conditions (“Terms”) apply to your access to and participation in the 100K Crypto Deposit Fee Tier Upgrade promotion (the “Promotion”), which is operated by Robinhood Crypto, LLC (collectively, “Robinhood Crypto”, “RHC”, “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.
Certain Definitions:
Eligibility: The Promotion is valid only for those RHC customers that RHC contacts directly about the offer and whose USD value of Net Crypto Deposits during the Offer Period are equal to, or greater than, $100,000. 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. RHC may change the Offer Period dates at any time without notice.
If at any time during the Offer Period, the USD value of your Net Crypto Deposits are equal to or greater than $100,000, you will receive a one (1) time decrease in your tier fee from 0.85% to 0.45% for cryptocurrency orders placed through smart exchange routing based executed with smart exchange routing for a 30 day period.
By participating in the Promotion, you represent and warrant that you understand and agree to the following: You are only eligible to receive the fee tier decrease once during the Offer Period. The decrease is only valid for 30 days after you qualify.
After the expiration of the 30 day period, your tier fee for cryptocurrency orders placed through smart exchange routing will be based on your trailing 30-day trading volume of cryptocurrency orders executed with smart exchange routing only. Additional information regarding cryptocurrency order routing on RHC is available in this Help Center article, and additional information regarding crypto fee tier is available in this Help Center article.
Net Crypto Deposits are based only on Crypto Deposits that are successfully deposited and settled, and will not be granted for cryptocurrency deposits that are rejected. Deposits of USDC are excluded. The USD value of a Crypto Deposit is based on the value of such deposit at the time of settlement as determined in RHC’s reasonable discretion. Settlement is deemed to occur when the cryptocurrency is posted to the account and available to trade.
There is a transaction-based fee associated with cryptocurrency trades executed with smart exchange routing, and the relevant fees range from 0.85% to 0.10% as specified on the Robinhood Platform within the smart exchange routing hub. Fees are calculated based on the current volume tier you are in when the order is placed, and not on the tier you would be in after a trade is completed. Fee rates and volume tiers are subject to change, and you can check your current tier rate in the smart exchange routing hub within the Robinhood Platform.
Your all-in costs may be higher or lower with smart exchange routing compared to market maker routing depending partly on volume traded.
Limitation: RHC reserves the right to change or restrict the Promotion terms, or terminate the Promotion, at any time without notice. RHC reserves the right to cancel, suspend, and/or modify your enrollment in the Promotion in RHC’s sole discretion if, for example, RHC determines that there may be circumstances indicating fraud or a violation of these Terms or the Customer Agreement. The offer isn’t transferable, saleable, or valid in conjunction with certain other offers. This isn’t an offer or solicitation in any jurisdiction where we aren’t authorized to do business. Other restrictions may apply.
Taxes: Consult with your tax advisor about the appropriate tax treatment for this offer and any tax implications associated with your participation in this Promotion before enrolling.
Disclosures: The trading and holding of digital assets involves significant risk, including the risk of substantial loss. Please read the Robinhood Cryptocurrency Risk Disclosure before transacting in any cryptocurrency through any Robinhood trading platform.
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.