The Offer
- SoFi Crypto is offering $300 in SOFID when you transfer $1,000 or more in eligible crypto to SoFi crypto by 10/14/26 and hold it until 10/14/27
The Fine Print
- The Qualifying Transfer(s) that are eligible for this promotion must be denominated in one or more of the following digital assets that SoFi Crypto currently supports for deposit on the SoFi Crypto platform: AAVE, BONK, BTC, ETH, FLOKI, LDO, LINK, LTC, POL, SHIB, SOL, SOFID, UNI, USDC, XLM, and XRP.
- Active Promo Period (Transfer Window): October 1, 2026 (12:00 a.m. ET) – October 14, 2026 (11:59 p.m. ET).
- Required Holding Period (Holding Window): October 15, 2026 (12:00 a.m. ET) – October 14, 2027 (11:59 p.m. ET).
- ELIGIBILITY: This Promotion is open to eligible participants who at the time of their Qualifying Transfer(s)
- (i) are registered SoFi Crypto account holders — including both new and existing members,
- (ii) maintain an active, verified SoFi Crypto account in good standing,
- (iii) are residents of the United States in a state or territory where this Promotion is available (each, an Eligible Participant).
Our Verdict
SOFID is a stable coin that is 1:1 to USD. I think the risk of SoFi disappearing with your crypto is low but as the saying goes not your wallet not your coins so the risk isn’t 0% and there is no government or other insurance for these assets. It’s relatively rare to see a bonus this generous for existing customers and I do think it’s worth doing if you already hold crypto. If you don’t hold crypto then USDC does qualify for this and is another stable coin so could be worth it if you don’t mind the risk and holding period.
