Robinhood, a year-end coin giveaway event totaling $7 million... XRP and BTC pouring in

Source: TokenPost Original Title: Robinhood to Hold Year-End Coin Giveaway Worth $7 Million… XRP and BTC Flood In Original Link:

Robinhood is hosting a year-end cryptocurrency and prize event called ‘Hood Holidays’ with a total value of approximately $7 million(about 1.05 billion 562 million won) for users. Participants can receive popular coins such as Bitcoin(BTC), Dogecoin(DOGE), and Ripple(XRP) for free, sparking high user engagement.

Daily Prizes for 6 Days… From Hawaii Trips to Cryptocurrencies

The event runs from December 26 to 31 over six days, with a draw held every day at 8:30 PM(Eastern Time) on the countdown screen within the Robinhood app. Anyone connected to that screen at the time of the draw can participate, and winners will receive cryptocurrencies like BTC, DOGE, as well as traditional prizes on the same day. Each user can win only once per day.

Robinhood has prepared special rewards not only for all users but also for its paid ‘Gold Members.’ Physical prizes such as Hawaii trips and Apple AirPods, as well as cryptocurrencies like BTC, ETH, SOL, and XRP, are distributed daily.

Rewards by Date… Notably, 1.5 Billion Won Worth of BTC on the Last Day

On the first day, December 26, five grand prizes($17,500, approximately 25.14 million won), and 1,000 first prizes($129, about 185,325 won), along with Dogecoin worth $50 million(about 718.3 million won) were distributed. Starting December 27, Gold Member benefits kicked in, increasing the 1,000 prizes to over double, at $275(about 391,065 won), and Bitcoin worth $750,000(about 1.077 billion won) was also awarded.

On December 29, Ethereum(ETH) worth $850,000(about 12.21 billion won) was distributed, and on December 30 and 31, Solana(SOL) and XRP prizes totaling $1 million(about 1.436 billion won) will be announced. On the final day, December 31, exclusive to Gold Members, the single grand prize reaches $164,900(about 236.81 million won), with a total of $150 million(about 2.154 billion won) in Bitcoin distributed.

All prizes will be delivered within 8 to 10 weeks after winners are confirmed, with cryptocurrencies automatically deposited into Robinhood wallets.

User Surge from Day One Causes ‘App Errors’ and Controversy

On the first day, a surge in users caused app access errors. Some users complained on social media about screen freezes, loading failures, and the prize draw page not displaying. Robinhood stated via X(Twitter) that the issues were due to traffic spikes and that their tech team is working to resolve the problem, assuring that all participants from the first day will receive their prizes.

With a rapidly growing user base holding cryptocurrencies and an integrated platform offering NFT and stock services, this event is expected to boost user loyalty and expand service engagement.