RH crypto deposit match promotion doesn't require actually holding crypto there long-term?
tl;dr: it looks like you don't actually need to hold your crypto on a hot wallet for 18 months to take advantage of the bonus, as long as you have a decent amount of literally anything else on Robinhood (like stocks and cash). Anyone tried this?
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So Robinhood has the 2.5% match promo for transferring crypto to their platform right now (today is the last day). The conditions, on a surface level, do require you to hold the deposited value for 18 months in order to retain the bonus.
But I had a bit of a situation with my first attempt to get the bonus (which I have since fixed) - after reading the fine print of the agreement it turned out that the bonus depends on the "Net Transferred Asset Value", which is calculated for the period starting February 2, 2026 at 9 AM PT until 8:59 PM PT on February 27, 2026, and includes not just cryptocurrency, but also all deposits and withdrawals of ACATS (basically stocks), IRAs and cash.
That got me thinking: if Net Transferred Asset Value includes all of your Robinhood assets rather than just crypto, then is in the case for the "value of your accounts on the Robinhood platform" too? In other words, I could wait for the promotion to end, then transfer all of my crypto back to the cold wallet next week, and that still wouldn't trigger the chargeback because my total Robinhood portfolio is still way larger than the Net Transferred Asset Value for that period.
I just find it interesting that the biggest criticism of taking such bonuses seems to be the impression that you have to keep your crypto on a hot wallet for a long time to take advantage of it - but that doesn't seem to actually be the case, you CAN withdraw it back on your cold wallet as long as you keep something else on Robinhood, like stocks. The representative I chatted with seems to confirm this too.
So has anyone actually tried doing this? This is not the first such promo by Robinhood, so I imagine people has done this before, whether knowingly or unknowingly.
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