The Offer
- TradeStation is offering a bonus of $150 when you purchase $500 or more in cryptocurrency and use promo code TSTVAFYH
The Fine Print
- Only new TradeStation Crypto accounts with the correct promotional code entered are eligible for this offer.
- To qualify, you must enroll by entering the promotional code on a new account application or request to enroll a new account, via telephone or email, with a TradeStation Representative.
- You must purchase at least $500 notional value of supported cryptocurrency assets, or initially deposit at least $500 notional value of supported cryptocurrency assets, within 45 calendar days of account enrollment.
- In order to qualify with deposited assets, the deposited assets must be from a wallet that is not maintained with TradeStation Crypto (assets transferred from an existing TradeStation Crypto account do not qualify).
- Asset value fluctuations (up or down) do not affect the calculation of qualifying assets.
- To qualify with deposited assets, minimum funding of $500 notional value of supported cryptocurrency must be maintained through the end of the next full month following the account funding date in order to qualify for the first payment of $75 notional value of Bitcoin (BTC) and through the end of the second full month following the account funding date in order to qualify for the subsequent payment of $75 notional value of BTC.
- For qualifying accounts, a reward of $150 notional value of BTC will be paid out in two monthly payments of $75 of notional value of BTC, with the first payment made by the end of the second full month following the date of purchase of supported cryptocurrency or the date of qualifying deposit of supported cryptocurrency and the second payment made by the end of the third full month following such date.
- Only one offer is available per client on one qualifying account.
- Rewards will be paid by deposit into customer accounts with TradeStation Crypto.
- The reward will not be paid if you close your account, if you are prohibited from making further trades in your account by TradeStation Crypto or if you are considered by TradeStation not to be in good standing (as a result of, for example, unauthorized or improper trading or account activity).
- Customers who receive promotional offers from any TradeStation affiliate may be subject to IRS Form 1099-MISC reporting requirements should the total value of those items exceed $599 in a calendar year.
- Please consult a tax professional. For purposes of this promotional offer, the U.S. dollar value of cryptocurrency assets purchased or deposited and the amount of BTC rewarded will be determined by TradeStation Crypto in its sole discretion based on valuation source(s) deemed reliable by TradeStation Crypto.
- The amount of BTC rewarded during a particular month will be based on a 60-day simple moving average price of BTC in U.S. dollars as of 5:00 pm Eastern Time on each day, calculated as of the first day of such month.
- This promotional offer is available only to persons who reside in jurisdictions where TradeStation Crypto is authorized to conduct business. Your account will be considered and approved or disapproved based on all relevant factors. Prices, fees, costs, and terms are subject to change. This offer cannot be combined with any other offers. Additional restrictions apply. TradeStation reserves the right to terminate this offer or change the terms and conditions at any time.
Our Verdict
They do support USDC meaning there is no real risk other than the fees. There is also a $150 brokerage bonus. It’s not clear if you can do both, there’s some discussion on this here. If anybody goes for both I’d recommend doing the brokerage bonus first then this one, as that seems most likely to work. We will add this to our list of the best crypto bonuses. Update: Looks like you can’t do both.
Hat tip to reader Michael
