11. How to Participate in Binance ETH 2.0 Staking

 

Ethereum 2.0 is an upgrade that aims to improve the security and sustainability of the current Ethereum network. Ethereum 2.0 upgrade will be released in three phases.

 

After Phase 2, the Ethereum network will transition from a Proof of Work to a Proof of Stake model, which is expected to improve the network’s speed, efficiency, and scalability.

 

By Staking ETH 2.0, you will receive BETH (equal value to ETH) interest until the ETH 2.0 launch date. After the ETH 2.0 launch, the locked-up assets will be returned.

 

 

1. Go to [Earn] ➡︎ [ETH 2.0 Staking]  

 

 

 

2. [Stake Now] ➡︎ Enter Amount(ETH) ➡︎ [Confirm]  

 

 

 

 

 

3. [Agree] and [Confirm]

 

 

 

During the ETH 2.0 staking period, BETH rewards will be distributed daily based on user BETH holdings.

 

 

Once you [Confirm] the ETH 2.0 Staking policies, your assets will be locked up, and will not be able to redeem until the development process of ETH 2.0 (which can take up to 24 months).

 

 

 

 

 

The process is as follows:

 

Stake ETH

Rewards Distribution

Redeem ETH