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if you deposit the 100$ and get the free grab stock can you ...

if you deposit the 100$ and get the free grab stock can you sell it and keep the cash?
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  • Moomoo Lily : Hi, @Moomoo Buddy Please help!

  • Moomoo Buddy : Yes, you can certainly do that.

    The Welcome Bonus rules are as follow:
    Promotion period: October 21, 2023 00:00 AM ET - January 15, 2024 03:59 PM ET;
    Eligibility: U.S. residents with a valid SSN who have not deposited to the Moomoo Financial Inc. brokerage account before the start of this promotion and who make a deposit that settles before January 15, 2024 03:59 PM ET;
    Reward: Get 5 lucky draw after you complete the net deposit of $100, maintain average assets of $100 or above for 60 days, the 5 gift stocks you draw will unlock. Get 10 lucky draws after you complete the net deposit of $1,000, maintain average assets of $1,000 or above for 60 days, the 10 gift stocks you draw will unlock. Please find your lucky draw from the promotion banner via 「App-Me」. Please check your pending gift stock via「App-Accounts-Stock Rewards」.
    Distribution time: 5 business days after all the conditions are met.
    Please note, deposit bonus is only eligible for those who deposit via ACH or WIRE.
    For Terms and Conditions, please check: https://www.moomoo.com/us/support/topic4_410

  • FirstStrike Veteran : don't forget about that capitol casings tax though.

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