What is Robinhood?
Robinhood is a commission free online trading platform founded in 2013 that features an easy-to-use mobile app. It’s become the trading platform of choice for the Millennial generation. They are a leading force for Crypto/Stock trading with a good referral sign up bonus! Robinhood is a great start for beginners as you are not overwhelmed with options and choices to get started. Its as easy as sign up, link your bank and get some free stocks!
The Robinhood referral code gives you a free stock worth up to $225 if you join and link a bank account, using the Money Done Right referral link. You could receive a share of Apple, JPMorgan Chase, or NVIDIA.
How do I claim my reward stock?
Once your stock is ready, Robinhood will send you a notification prompting you to claim your reward. If you forget to tap on the notification, you can claim your reward stock by navigating to Messages to check if you have new claimable stocks under Robinhood Rewards. You can also navigate to the Rewards tab/icon on the home page and click on “Past” to see previously-granted rewards. If you don’t claim the reward stock within 60 days, it will expire.
KEEP IN MIND
You need to have an approved Robinhood brokerage account and link your bank account in order to be eligible for a reward stock. This process is usually very quick mine was done same day.
When can I withdraw my cash proceeds from selling my Referral Program stock?
If you sell a stock you received as part of our referral program, you must keep the cash value of that stock in your account for at least 30 days before you can withdraw it. After that 30-day window, there are no restrictions on withdrawing the proceeds. For example, if you receive a stock worth $10 and proceed to sell that share, you won’t be able to withdraw that $10 until 30 days have passed.
The cash value of the stock is determined by the price of the stock at the time you received it. You can check out your Statements and History tab to find the stock’s purchase value.My Referral Link