Robinhood Bets on BNB Reaching $799 by 2026
Robinhood has introduced a new crypto prediction market focused on the price of Binance Coin (BNB). The contract, set to resolve on October 4, 2026, asks whether BNB will reach or exceed $799.00 during a 15-minute window from 9:45 PM to 10:00 PM EDT. The outcome will be determined by the simple average of CF Benchmarks' BNBUSDRTI prices collected in the final minute before expiration.
The contract offers a payout of 99.9 cents for each correct prediction, with settlements typically occurring within an hour of the event's resolution. Participants can close their positions before the event resolves, though additional fees may apply. The platform emphasizes that the price data used for this market is based on CF Benchmarks' Real Time Index (RTI), not general sources like Google or Coinbase.
Robinhood also outlines trading prohibitions, including restrictions for individuals employed by source agencies or those in possession of material, non-public information related to the underlying asset. The platform reminds users that trading futures, options on futures, and cleared swaps involves significant risk and may not be suitable for everyone.