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Author: Admin | 2025-04-28
At BinanceYou can kickstart your staking journey at Binance with just 0.1 ETH in your account. Above all, Binance will give you a cover for all the risks on-chain penalties and validator operating expenses. You can learn more about Binance from our article on Binance review. Binance rewards you using BETH, and let’s understand how it does so.What is BETH, and how it works?BETH is a token, or you can say a version of already staked ETH on Binance. So each BETH is equal to 1 staked ETH on Binance. BETH exists to provide the flexibility which the locked ETH 2.0 fails to provide until ETH 2.0 is entirely functioning.Using BETH, you are eligible to receive your staking rewards earned from the staking node. Also, you can use BETH to participate in ETH staking without the restrictions of withdrawals. It is straightforward to convert ETH to BETH in the ratio of 1:1. Not only this, if you still want to convert your BETH back into ETH, precisely you can do it through the BETH/ ETH spot market on Binance.How to use BETH?The easiest way of using BETH is to keep it and indulge yourself in the ample staking rewards. Apart from this, you have the option to withdraw your BETH in the Binance Smart Chain (BSC) and deploy it in Defi applications. For more information on BETH and various ways to use it, you can click here.ETH 2.0 staking at Binance: Step by step guideNow when you know what ETH 2.0 is, here is the step-by-step guide to help you through the staking process of ETH 2.0 on Binance. You can follow the below steps to proceed at Binance:Go to the official website of Binance. Create an account or log in if you already have one.Now hover on the Finance tab in the navigation bar.Here various options will appear. You have to click on “Binance earn.”Now, on the next screen, scroll down until you find the ETH 2.0 staking option. Click on learn more to be redirected to the official page of Binance ETH 2.0 staking. Hit the Stake now button located at the top corner of the screen.Now an amount window will appear on your screen. Enter the amount of ETH you want to stake, and then press the confirm button.So now, a second window will pop up on your screen. Here you have to read and check all
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