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Closed: $1M Crypto Referral Giveaway

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This $1 million dollar promotion is now closed. Robinhood Crypto divided the pie into 551,302 pieces, each worth $1.82. Thank you for your interest in Robinhood, and we hope to bring you more promotions like this soon!

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Here Were Frequently Asked Questions:

What do I need to do to be eligible?

This promotion is only open to Robinhood Crypto Customers, meaning you need to have applied and been approved for crypto trading. If you have traded crypto before on Robinhood, you're likely eligible to participate in this promotion. Please note: Robinhood Crypto requires first opening a Robinhood Financial brokerage account.

Then, just invite friends to Robinhood Crypto using your unique referral link. If they sign up and trade any amount of crypto by May 7, you both will be eligible for the cash reward!

How do I find my referral link for this promotion?

The unique referral links for this promotion are now closed. Stay tuned for more giveaways like this in the future.

What if I refer three friends?

You’ll get three slices! You’ll be rewarded for every successful referral who trades crypto before the promo ends. If you invite 10 friends, you’ll get 10 slices. You can confirm whether your friend used your link by viewing Past Rewards here on your mobile device. If you don’t see your friend’s name, confirm your friend has signed up and reach out to our support team with your friend’s email address.

When will I receive the cash reward?

All rewards will be delivered between May 10 - May 14. We will notify you via email and push once you’ve received your cash!

Can I withdraw the cash immediately?

You can use your cash reward to invest right away, but it can’t be withdrawn for 60 days after the reward is granted.

Will I still get my referral gift stocks?

Yes, this offer is separate from Robinhood Financial’s gift stock program. When your referral successfully signs up for Robinhood Financial and links their bank account, you will still receive gift stock.

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Terms and Conditions

Eligibility: This promotional offer (“Offer”) is provided by Robinhood Crypto, LLC (“Robinhood Crypto”) and is only valid for Eligible New Customers and Eligible Current Customers. “Eligible New Customers” means customers who have not previously applied and been approved for an account by Robinhood Crypto or any of its Affiliates prior to the Offer Period. “Eligible Current Customers” means current customers of Robinhood Crypto in good standing.

Offer Period: This Offer is available starting on 04-26-2021 1:00:00 PM PST and ends on 05-07-2021 11:59:59 PM PST (“Offer Period”).

Offer Requirements: Eligible New Customers who within the Offer Period complete their first-time purchase of cryptocurrency using their Robinhood Crypto account within the Offer Period and having that account be approved (the “Eligibility Requirements”), may receive a “Slice” of the $1 million total prize across all eligible entrants. Eligible Current Customers may also receive a “Slice” for their successful referral of each Eligible New Customer who subsequently meets the Eligibility Requirements for this Offer. The amount of each “Slice” is determined by dividing $1 million by the number of Slices that are earned during the Offer Period. For example, if there are 100,000 Slices earned during the Offer Period, each customer holding a Slice will earn $10. Eligible Current Customers may receive multiple Slices during the Offer period, one for each Eligible New Customer who they refer that meets the Eligibility Requirements. Eligible New Customers may only earn one Slice for joining Robinhood Crypto and meeting the other Eligibility Requirements, though they may potentially earn additional slices if they subsequently refer Eligible New Customers to Robinhood Crypto once they join. By meeting the Offer requirements, you authorize Robinhood Crypto to credit your Robinhood Financial brokerage account in accordance with this offer with the amount of any Slices earned.

Limitations: Robinhood Crypto accounts in good standing require having a Robinhood Financial brokerage account in good standing. The cash value of the Slice will be rewarded to eligible accounts between 05-10-2021 and 05-14-2021. The cash value of the Slice cannot be withdrawn from the customer’s Robinhood Financial account for 60 days after the reward is received. Robinhood Crypto reserves the right to either decline to grant the Slice, or, to the extent allowed by law, to claw back funds, in the event that Robinhood Crypto determines in its sole discretion that: (1) a customer did not meet the requirements and qualifications of the Offer; (2) there may have been fraudulent activity; or (3) there is a violation of these Terms. Robinhood Crypto reserves the right to change the terms or terminate the Offer at any time without notice. The Offer is limited to no more than one account enrolled per customer. The Offer is not transferable, saleable, or valid in conjunction with certain other offers and is available to U.S. residents only, and is unavailable to residents of Hawaii, Nevada, New Hampshire, and West Virginia. This Offer is valid alongside, though separate from, any promotions offered by affiliates of Robinhood Crypto. Employees, contractors, or persons similarly associated with Robinhood Crypto or affiliate; members of their household; registered representatives of broker-dealers, employees of any securities regulatory organization or exchange, and employees of any market maker are not eligible. Robinhood Crypto may decline requests to enroll in the Offer at its discretion. The Offer is only available for personal use, and may not be used for commercial purposes. Robinhood Crypto cannot provide information about someone else’s account or application status. Other restrictions may apply.

Neither receipt of the award nor identification of a particular cryptocurrency in communications related to this program constitutes a solicitation of the crypto asset, or recommendation to buy, sell, or hold the asset, or investment advice.

Consult with your tax advisor about the appropriate tax treatment for this offer and any tax implications associated with receipt of the Offer reward before enrolling. For taxable accounts, the value of all Robinhood Crypto and affiliate offers received may be reported as Other Income on a Form 1099-MISC where required by applicable rules and regulations. Robinhood Crypto does not take responsibility for any tax related to this reward.

Reference No. 1621809
Still have questions? Contact Robinhood Support