**How to Get Free Stock with Robinhood**
Robinhood, a popular commission-free trading platform, has revolutionized the way people invest in stocks, ETFs, options, and cryptocurrencies. One of the platform’s most enticing features is its free stock referral program, which allows users to earn free shares of stock simply by inviting friends to join. If you’re looking to take advantage of this opportunity, here’s a step-by-step guide on how to get free stock with Robinhood.
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### **What is the Robinhood Free Stock Program?**
Robinhood’s free stock program is a referral-based initiative designed to reward both new users and existing users who invite others to join the platform. When you sign up for Robinhood using a referral link, you receive a free stock. Similarly, the person who referred you also gets a free stock. The value of these stocks can range from $5 to $200, with the majority of users receiving shares in the $5–$10 range.
The program is a win-win for everyone involved: new users get a head start on their investing journey, and existing users are rewarded for spreading the word about Robinhood.
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### **How to Get Free Stock as a New User**
If you’re new to Robinhood, follow these steps to claim your free stock:
1. **Find a Referral Link**
To qualify for the free stock, you need to sign up using a referral link from an existing Robinhood user. You can ask a friend who already uses Robinhood to share their link or search for referral links online.
2. **Sign Up for an Account**
Once you have the referral link, click on it to begin the sign-up process. You’ll need to provide some personal information, including your name, email address, and Social Security number, as Robinhood is a regulated financial platform.
3. **Verify Your Identity**
Robinhood requires users to verify their identity to comply with financial regulations. This involves submitting a photo of a government-issued ID and answering a few questions about your financial background.
4. **Link a Bank Account**
To complete the sign-up process, you’ll need to link a bank account to your Robinhood account. This step is necessary for funding your account and withdrawing any earnings.
5. **Claim Your Free Stock**
Once your account is approved, Robinhood will notify you that your free stock is ready to claim. Simply log in to your account, navigate to the “Free Stock” section, and follow the prompts to reveal your stock. The stock will be randomly selected from a pool of companies.
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### **How to Earn More Free Stocks as an Existing User**
If you’re already a Robinhood user, you can continue earning free stocks by referring others to the platform. Here’s how:
1. **Access Your Referral Link**
Open the Robinhood app and navigate to the “Free Stock” or “Invite Friends” section. Here, you’ll find your unique referral link.
- Source Link: https://zephyrnet.com/robinhood-free-stock/
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