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Binance Reveals ETH 2.0 Staking Service, Users Have A Chance To Win Double Rewards

Mary Liu

Summary: According to an official announcement, the crypto exchange giant Binance has launched the ETH 2.0 staking service. Users who stake ETH on Binance will receive staking rewards and the same amount of BETH (Binance ETH) tokens at a ratio of 1:1. The highlight of its service is: "Binance will cover all validator operating expenses for users, ...

According to an official announcement, the crypto exchange giant Binance has launched the ETH 2.0 staking service. Users who stake ETH on Binance will receive staking rewards and the same amount of BETH (Binance ETH) tokens at a ratio of 1:1. The highlight of its service is: "Binance will cover all validator operating expenses for users, bear the risk of on-chain penalties, and all on-chain staking rewards will be distributed to users." 

In addition, Binance also launched a double reward campaign. from Dec 02, 0:00 AM UTC to Dec 16, 0:00 AM UTC, all users who have completed KYC will receive an additional reward in BNB equivalent to the value of BETH.

By Mary Liu

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