Earn Free Stock on Robinhood with a Referral Code
Robinhood's referral program gives you and a friend a free stock when you sign up via a link. How Robinhood crypto trading works in 2026.
Updated June 2026 ยท Reviewed by the PipeFlare team
Earn a free stock when you sign up via a referral link
Both you and your referrer get a free stock โ not crypto โ after you link a bank account
Go to Robinhood โBonus type
Free stock referral (not crypto)
Requirement
Sign up via referral link, link a bank account, and keep the account open for 30 days
Who gets paid
Both you and your referrer receive one free stock each
Availability
US only
About the Robinhood bonus
Robinhood is a US-based brokerage app that offers commission-free stock, ETF, options, and cryptocurrency trading. Its referral program gives both the new user and the referrer a free stock when the new user signs up via a referral link and links a bank account. Critically, the referral bonus is a stock โ not crypto โ even though Robinhood offers crypto trading. The free stock is selected from a defined pool, and the specific stock you receive is randomly assigned. Robinhood is available to US residents only and is not a crypto-native exchange; it is a regulated broker-dealer with a separate crypto subsidiary.
How the Robinhood offer works
You sign up through a Robinhood referral link, which tags your account as referred. After linking a bank account and keeping the account open for 30 days, both you and the referrer receive one free stock each. The stock is randomly selected by Robinhood from a defined pool of eligible securities. Once you receive your free stock, you can hold it, sell it, or, if you prefer, transfer the proceeds to buy crypto through Robinhood's crypto section. The referral bonus does not directly purchase or credit any crypto.
How to claim it
- 1Sign up through the Robinhood referral link to tag your account as referred.
- 2Link a bank account to your new Robinhood account.
- 3Keep your account open and active for the required 30-day period.
- 4Receive your free stock in your portfolio โ check the 'Stocks' section of the Robinhood app.
Pros
- Both you and your referrer receive a free stock, with no purchase required.
- Robinhood is a regulated US broker-dealer with SIPC membership for brokerage accounts.
- The same app supports both traditional equities and crypto trading, reducing the need for multiple platforms.
Watch out for
- The referral bonus is a free stock, not crypto โ confirmed by Robinhood's own program terms.
- The free stock is randomly assigned from a pool, so you cannot choose which stock you receive.
- Robinhood is available to US residents only; there is no international version.
Common questions
Does Robinhood give crypto as a referral bonus?
No. Robinhood's referral program gives both the new user and the referrer a free stock, not cryptocurrency. Even though Robinhood offers crypto trading, the referral reward is a randomly selected stock from a defined pool. If you want crypto, you would need to sell the stock and use the proceeds to buy crypto separately.
How does the Robinhood free stock referral work?
Sign up through a referral link, link a bank account, and keep the account open for the required period. Both you and the referrer then receive one free stock each from Robinhood's eligible pool. The stock is randomly selected, so you do not get to choose what you receive. Hold it, sell it, or use the proceeds however you like.
Is Robinhood a crypto exchange?
Robinhood is primarily a US broker-dealer that also offers cryptocurrency trading through a separate Robinhood Crypto entity. It is not a dedicated crypto exchange. Crypto held on Robinhood has historically been non-custodial in the traditional sense, though Robinhood has been expanding its crypto wallet and self-custody features. It lists far fewer tokens than dedicated exchanges.
Can I transfer crypto out of Robinhood?
Yes, Robinhood introduced crypto wallets and external transfer capability for its crypto holdings. You can send and receive crypto to and from external wallets. The feature may have eligibility requirements and transfer limits โ check the current Robinhood crypto transfer terms in the app.
Is Robinhood available outside the US?
No. Robinhood is available to US residents only and does not currently offer services to international users. The referral program is also US-only. If you are outside the US, you will need to use a different platform.
Sources
Other exchange bonuses
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