What is Ethereum (ETH)?

Ethereum is a decentralized network (often referred to as “the world computer”), created by Vitalik Buterin in 2013. Its network consists of an open-source, globally decentralized computing infrastructure, which executes programs called smart contracts. This network is fueled by a cryptocurrency named ether (ETH).

How does Binance ETH 2.0 staking work?

Binance ETH 2.0 staking users are paid daily, and the reward yield is calculated according to your BETH holdings in Spot Wallet. Additionally, there is a queue for the activation of validators which also requires the gas fee to be paid. The ETH 2.0 staking APR is dynamically changing, following the on-chain mainnet staking rewards.

What is Ethereum 2.0 staking?

Ethereum 2.0 Staking | Stake Ether & Get BETH | Binance Stake your ETH in one click and easily start generating yields, with token quantity protection and slashing coverage.

How does ETH staking work?

The whole staking process including staking rewards depends on the ETH network. The more ETH is staked, the lower the APR will be. 4. What is BETH, and how does it work? BETH is a tokenized asset representing your staked ETH on a 1:1 basis. You can swap your staked ETH to BETH and leverage your earnings potential.