Robinhood offers a great opportunity for users to earn cryptocurrency by learning more about different crypto tokens through its Learn and Earn program. If you’re looking to test your knowledge about various cryptocurrencies and earn rewards in the process, this is the perfect way to get started.
In this article, we’ll walk you through how the Learn and Earn program works, which crypto tokens are eligible for rewards, and how to redeem your reward.
How Does Robinhood’s Learn and Earn Program Work?
Robinhood’s Learn and Earn program is designed to help you enhance your understanding of the crypto market while earning cryptocurrency in the process. Here’s how it works:
1. Complete Lessons on Crypto Tokens
- Select a Crypto Token: Go to the Browse → Learn section within the Robinhood app, where you’ll find a variety of crypto lessons available.
- Lesson Content: Each lesson focuses on a specific cryptocurrency token. You’ll read a quick overview of the token to familiarize yourself with its features and benefits.
2. Pass the Quiz
- After completing a lesson, you’ll need to take a short quiz to test your knowledge. This quiz will assess your understanding of the crypto token you just learned about.
- Earn a Reward: If you pass the quiz, you’ll become eligible to earn a reward in the form of cryptocurrency.
3. Claim Your Reward
- Once you pass the quiz, Robinhood will deposit your reward directly into your crypto account. You’ll receive confirmation once the reward has been credited to your account.
Which Crypto Tokens Offer Learn and Earn Rewards?
At present, Robinhood offers Learn and Earn rewards for the following crypto tokens:
- AVAX (Avalanche): Learn about AVAX and its utility within the blockchain ecosystem.
Note: The available list of tokens may change depending on the reward availability.
However, please be aware of the following:
- BTC (Bitcoin): The limited supply of Bitcoin rewards is no longer available.
- USDC (USD Coin): Similarly, the limited supply of USDC rewards has also run out.
Important Note: Residents of New York are ineligible to earn rewards for AVAX.
Eligibility Requirements for the Learn and Earn Program
While the program is open to many users, there are some conditions that may affect your eligibility:
- Robinhood Crypto Account: You must have an active Robinhood Crypto account to participate.
- Account Restrictions: If your account has any restrictions or is ineligible due to regulatory issues, you will not be able to earn rewards.
- Reward Expiry: Make sure to claim your reward in time. Rewards may expire if not claimed within a certain timeframe.
- Limited Rewards: For BTC and USDC, the rewards are no longer available due to limited supply.
How to Redeem Your Robinhood Learn and Earn Reward
After you’ve completed a lesson, passed the quiz, and become eligible for the reward, your crypto reward will be automatically deposited into your Robinhood Crypto account. The process is seamless, and you will receive confirmation that the reward has been credited to your account.
Common Reasons You May Not Be Eligible for Rewards
If you find that you are unable to earn a reward, here are some common reasons:
- No Robinhood Crypto Account: You need an active Robinhood Crypto account.
- Account Restrictions: Certain restrictions may apply to your account that prevent eligibility.
- Limited Supply: For BTC and USDC, the supply of rewards has been exhausted.
- Expired Rewards: The reward may have expired by the time you attempt to claim it.
- New York Residents: If you’re a resident of New York, you are ineligible for AVAX rewards.
Conclusion
Robinhood’s Learn and Earn program is an excellent way for users to earn cryptocurrency while enhancing their knowledge of the crypto space. By completing lessons and passing quizzes on tokens like AVAX, you can easily earn crypto rewards that will be deposited directly into your Robinhood Crypto account.
To make the most out of this opportunity, make sure to stay up-to-date on the available tokens and lessons. Always check the availability of rewards and eligibility criteria before attempting to claim them.
