Back to Basics Program Terms
Version 1.0 · Last updated July 16, 2026
The Back to Basics Program is a limited-time Promotional Program governed by Section 15 of the Onramp Terms of Service. By using the "BASICS" code, accepting any benefit, or completing a qualifying activity below, you accept this specification and the Terms of Service as they apply to the Program. Capitalized terms are defined in the Main Terms.
Program Period
The Program runs from July 16, 2026 through September 7, 2026 (Labor Day) (the "Program Period"), unless extended, shortened, or discontinued by Onramp. Enrollment requires completing the applicable qualifying activity during the Program Period, except as expressly provided below for the IRA funding window. Onramp may extend, shorten, modify, or cancel the Program at any time.
General Eligibility
To participate in the Bitcoin IRA or Entry-Level MIC offer, you must:
- Be a net-new Onramp client — you do not hold, and have not previously held, any Onramp account (MIC, IRA, Trade, Finance, Earn, or beta) as of enrollment;
- Use the "BASICS" code at signup or identify as a Back to Basics participant to the Onramp team before the applicable account is opened;
- Complete Onramp onboarding and KYC/AML verification;
- Complete the qualifying activity for the applicable offer during the Program Period, except as provided for the IRA funding window.
The Trading Fee Discount is available to both new and current clients as described below and does not require net-new status.
Offers
| Offer | Benefit | Qualifying Activity |
|---|---|---|
| Bitcoin IRA | First year of Onramp IRA fees waived; no Onramp setup costs. Equity Trust custodial fees, trading fees, Bitcoin network fees, and other third-party fees are not waived. Limited to the first 100 qualifying IRA accounts. | Open an Onramp Bitcoin IRA using the "BASICS" code during the Program Period and fund it with at least 1 BTC within 30 days of IRA account creation. The 30-day funding window applies even if it extends past the end of the Program Period. |
| Trading Fee Discount | 50% off standard trading fees for the duration of the Program Period, applied against the standard fee schedule: Finance 85 bps → 42 bps; Core 65 bps → 32 bps; Private 32 bps → 16 bps. Clients on a custom fee rate are not moved to the promotional rate and retain their existing custom rate. Standard rates resume automatically at the end of the Program Period. | Available to new and current clients on the standard fee schedule in the Finance, Core, and Private tiers. Applied automatically to eligible current and new accounts. |
| Entry-Level MIC | Multi-Institution Custody Core account at $100/month or $1,000/year for 12 months from account opening, after which the standard fee schedule for your account tier resumes automatically. Available to accounts holding less than 5 BTC. The promotional rate applies to MIC custody fees only; trading, onboarding, Bitcoin network, and third-party fees are not included. | Open a Core account using the "BASICS" code and activate a recurring buy (DCA) within 30 days of Core account creation. |
Stacking
The offers within the Back to Basics Program may be combined with each other. Back to Basics benefits are not stackable with any other Onramp promotional program (including the Genesis Program), and a Back to Basics qualifying activity cannot also serve as the qualifying activity for a Section 12 referral reward as the Referee. A Back to Basics participant may still act as a Referrer under Section 12. The Trading Fee Discount does not stack with, and does not apply to, custom or individually negotiated fee rates.
First-100 IRA Cap
The IRA offer is limited to the first 100 accounts that complete the qualifying activity, in order of completion. Entering the BASICS code does not reserve a spot. Onramp does not publish a running count.
Tax Treatment
Back to Basics benefits are fee waivers and fee discounts, not payments, and are not expected to generate IRS Form 1099-MISC reporting on their own. Any other rewards a participant earns from Onramp (for example, Section 12 referral rewards earned as a Referrer) remain subject to the tax provisions of the Main Terms, including collection of IRS Form W-9 (U.S. persons) or Form W-8BEN (non-U.S. persons) prior to payout and Form 1099-MISC reporting for aggregate annual rewards exceeding $600. Clients are solely responsible for their own tax obligations and should consult a qualified tax professional.
Discretionary Nature; Modification; Clawback
All Back to Basics benefits are discretionary promotional incentives. They are not guaranteed, are not interest or yield, and are not FDIC- or SIPC-insured. Onramp may modify, suspend, or terminate the Program or any benefit at any time. Per Section 15 of the Main Terms, Onramp may deny, revoke, or claw back benefits in cases of fraud, abuse, identity misrepresentation, use of the BASICS code by an ineligible party, account termination for AML, sanctions, or acceptable-use violations, failure to maintain eligibility during a benefit period, or any benefit awarded in error.
Contact
Questions: support@onrampbitcoin.com
Onramp Bitcoin, LLC