Crypto deposit match
For a limited time, you can earn a 2% cash bonus when you deposit eligible crypto into your Robinhood account.
You need to be enrolled in crypto transfers, and make a $1 or greater deposit of crypto during the promotion period, which is March 3-25 (excluding deposits of USDC). New York residents are not eligible.
To qualify for a match, your net deposits, including crypto transfers, ACATS transfers, cash deposits, and other transfer methods must remain positive. If withdrawals exceed your total deposits—bringing your net deposit amount into the negative during the promotional period—additional crypto deposits would not be eligible for a match.
When you deposit any supported crypto (excluding USDC) worth $1 or more, you’ll automatically receive 2% in cash, credited to your self-directed individual investing account.
Deposit $500 worth of ETH → Get $10 in cash instantly.
Any of our supported coins qualify for this promotion, except for any e-money tokens (USDC).
Each 2% match is paid out to your self-directed individual brokerage account following an eligible crypto deposit (excluding USDC).
To keep the match, you must keep the value of the crypto deposit and the corresponding cash reward on Robinhood for 1.5 years. If your total portfolio balance falls below the amount of net deposits that received a boost before the 1.5 year period ends, the match reward may be reclaimed when withdrawing funds or assets from Robinhood. The value of the original deposit amount isn’t subject to removal—only the matched cash amount.
After the promotion ends, crypto deposits will no longer earn the match. Keep in mind, you’ll need to maintain positive net deposits for 1.5 years to prevent withdrawals from impacting your match payout.
If your total portfolio balance falls below the amount of net deposits that received the match due to a withdrawal before the 1.5 year period ends, some or all of the reward may be reclaimed. The original deposit amount isn’t subject to removal—only the matched cash amount.
Market fluctuations can affect your portfolio value, but they don’t impact your bonus directly. However, if your portfolio decreases and you withdraw funds, a portion of your match may be subject to removal.
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 Robinhood Crypto Bonus Offer promotion (the “Bonus Offer”), which is operated by Robinhood Crypto, LLC (collectively, “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. Any undefined terms in the Terms have the meanings given to them in the Customer Agreement.
Definitions
Eligibility: The Bonus Offer is only available to customers who: (1) have a RHC account; (2) have an individual or joint Robinhood taxable brokerage account (“Brokerage Account”); (3) are in an eligible jurisdiction; (4) directly receive an email or in-app communication about the Bonus Offer; and (5) successfully complete at least 1 Qualifying Crypto Deposit within the Offer Period, subject to the limitations described in these Terms. RHC may decline requests to enroll in the Bonus Offer without notice and at its sole discretion. Note that Bitstamp account transfers do not qualify for this bonus.
Offer: The Bonus Offer is valid only for the Offer Period; however, RHC may change these dates at any time without notice. Eligible RHC customers who complete a Qualifying Crypto Deposit within the Offer Period will receive a reward as follows:
To receive any cash reward, you must have a positive Net Transferred Asset Value at the time the Qualifying Crypto Deposit settles. The cash reward cannot be withdrawn for 1.5 years.
Any cash rewards received under this Bonus Offer (a “Deposit Bonus”) are payable to your Brokerage Account and are subject to a 1.5-year earn-out discussed in the “Limitations” section of these Terms. Your Deposit Bonus will be credited to your Brokerage Account promptly but no later than 1 business day from when your Qualifying Crypto Deposit settles, subject to any limitations described below.
Note that a Deposit Bonus is only available for cryptocurrencies (other than USDC) that are successfully deposited and settled, and will not be granted for cryptocurrency deposits that are rejected. Any quarantined or blocked deposits that cannot be credited will not be eligible for a bonus. The USD value of the Qualifying 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.
Limitations: The Bonus Offer excludes all deposits of USDC. If, during the 1.5-year period after receiving a Deposit Bonus, you initiate one or more Withdrawals from the Robinhood Platform, after which, the value of your accounts on the Robinhood platform is less than the Net Transferred Asset Value, Robinhood will chargeback a proportional amount of the applicable Deposit Bonus amount, separate from and in addition to any fees that may be charged for such Withdrawals. If you have cash available in your Brokerage Account, this chargeback will be deducted from your available cash balance. If you have insufficient cash available in your Brokerage Account to cover the chargeback, this fee may be debited from your account at the outgoing financial institution, or added to a margin balance, if applicable.
The reward also cannot be withdrawn from your account for 1.5 years, but it can be exchanged for equities or crypto.
In the event that RHC determines in its sole discretion that there may have been fraudulent activity or a violation of these Terms in connection with your participation in the Bonus Offer, RHC reserves the right to either (i) decline to grant a Deposit Bonus or (ii) rescind or liquidate a Deposit Bonus or any security or any dollar proceeds derived from a Deposit Bonus. Your Deposit Bonus will be credited to your Brokerage Account promptly but no later than one (1) business day from when your Qualifying Crypto Deposit settles, though this timeline may be delayed in RHC’s sole discretion if, for example, RHC determines that there are indications of fraud or a violation of these Terms.
Opt Out: If you would like to opt-out of the Bonus Offer, reach out to Customer Support. Note that opting out will result in the cash bonus being removed from your deposit account.
Taxes: 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 offers received or charged back may be reported on applicable 1099 forms where required by rules and regulations. Robinhood does not take responsibility for any tax related to this cash reward.
Disclosures: The Bonus Offer is not a recommendation of any investment or investment strategy, and is not a recommendation that a customer deposit cryptocurrencies into an RHC account. RHC reserves the right to change the offer terms or terminate the offer at any time without notice. The offer is not transferable or saleable and is only available to eligible US residents in an eligible jurisdiction. The offer is only available for personal use, and may not be used for commercial purposes.
The trading and holding of digital assets involves significant risk, including the risk of substantial loss. Read the Robinhood Crypto Risk Disclosure before transacting in any cryptocurrency through the Robinhood Platform.