r/CryptoReferrals • u/AccomplishedTie4231 • 14h ago
50 Euro Bonus + earn 5% interest
Hey everyone,
Robinhood has an offer running for the EU right now where you get a €50 crypto bonus for signing up with a referral and funding your account. It works across the EU (I'm in Germany and had no issues).
I already use Trade Republic, Trading212, IBKR, and BitPanda, so I'm honestly just using this mainly to park some extra cash and collect the interest. They are currently offering 5% APY on uninvested euros, which is the highest available right now. (Just a heads up: the rate is variable and includes a promotional boost, so it will likely drop eventually, but it's great for now).
A few things to know before you sign up:
The bonus: You get the €50 in crypto once your deposit clears. You can sell it for euros immediately if you don't want the crypto exposure, but Robinhood makes you keep that cash value on the platform for 180 days before you can withdraw it to your bank.
Verification is fast: The identity verification was really simple and fast. It only took a few hours to get approved after I uploaded my photo.
Insurance limit: Keep in mind that Robinhood EU operates out of Lithuania and puts uninvested cash into a money market fund. Because it's not a standard bank deposit, your funds are protected up to €22,000 by the Lithuanian Investor Compensation Scheme (not the €100k bank guarantee you get with a standard banking license).
join.(delete)robinhood(delete).com/eu_crypto/huizhoh-f15579/
Let us know if you have any questions!