Robinhood is entering the prediction market and letting users bet on the outcome of the presidential election, the company announced on Monday.
That means starting Monday users can begin to trade contracts for either Vice President Kamala Harris or former President Donald Trump to win the election in November. Users will have to meet certain criteria in order to be eligible to make these trades, such as being a U.S. citizen and having already been approved for a Robinhood Derivatives account.
