Robinhood Bets on BNB Price Reaching $791 by 2026
Robinhood's crypto prediction market is offering a new contract centered around the price of Binance Coin (BNB). The contract, set to resolve on October 5, 2026, will determine whether the price of BNB reaches or exceeds $791.48 during a 15-minute window from 2:45 AM to 3:00 AM EDT. The outcome will be based on the simple average of CF Benchmarks' BNBUSDRTI prices during the final minute of the window.
The contract payout is structured such that participants will receive $1 for every correct prediction they hold. Alternatively, traders can close their positions before the event resolves, though additional fees may apply. The market is designed to provide a speculative opportunity for traders to bet on the future price movement of BNB.
Robinhood emphasizes that not all cryptocurrency price data is the same, and the price used to determine this market is specifically based on CF Benchmarks' Real Time Index (RTI). The final value will be the average of 60 RTI prices collected at the end of the 15-minute window, rounded to the nearest two decimal places.
There are trading prohibitions in place to ensure fairness. Persons employed by any of the source agencies or those holding material, non-public information about BNB are not permitted to trade on the contract. Additionally, futures, options on futures, and cleared swaps trading involve significant risk and are not suitable for everyone.