What is Ethereum Proof of Stake?
What is Binance ETH Staking?
How to participate in Binance ETH Staking?
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Note: The ETH to WBETH conversion ratio is not 1:1, as 1 WBETH represents 1 staked ETH plus the staking rewards accrued since 2023-04-27 08:00 (UTC). Due to the accumulation of staking rewards, the value of 1 WBETH progressively exceeds that of 1 ETH. The ratio is updated daily to reflect the rewards earned from the staked ETH of the previous day.
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Please note that the ETH redemption amount will be based on your current WBETH or BETH holdings instead of your initial staked assets. When you sell or transfer your WBETH or BETH to another user, the ownership of the staked ETH, including both accumulated rewards and future reward entitlements, is transferred to the new holder. Hence, with this action, the beneficiary of your ETH staking goes to the purchasing party. For more details about the Binance ETH Staking, please refer to the FAQ section on the ETH Staking page.
When will I start receiving the staking rewards?
How to redeem from Binance ETH Staking?
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- Available Balance: The amount of BETH available in your Spot Wallet.
- Redeem Amount: The amount of BETH or WBETH to be redeemed into ETH.
- Distribute: The amount of ETH to be returned to you.
- Amount Limit:
- Daily Personal Redeem Quota: The maximum amount of ETH a user can redeem daily.
- Total Redemption Limit: The maximum amount of ETH that can be redeemed on the platform. The redemption pool replenishes throughout the day to maintain a fair distribution. The replenishment schedule and quota may vary to ensure a smooth user experience.
- WBETH:ETH Conversion Ratio: The ratio represents the current value of WBETH versus ETH. The ratio is fixed at the point of redemption. Rewards will stop accruing during the redemption period.
- ETH Distribution Date: The expected date and time of ETH being returned to your Spot Wallet.
- Due to the processing limitations on the Ethereum network, Binance will set a daily ETH redemption quota for each Binance user.
- The daily ETH redemption quota and processing time are subject to change. Please check the redemption page for the estimated processing time. You can also check the delivery date and status for submitted redemption requests here.
- BETH under the redemption process will not generate any ETH Staking rewards.
Can I withdraw BETH outside of Binance?
![](https://public.bnbstatic.com/image/cms/content/body/202311/cec878ee47c50c13a15acb64b0f9f00e.png)