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News Explorer — Binance Allows Users to Redeem Staked Ethereum From April 19

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Apr 13, 7:12 am
Coindesk

Binance Allows Users to Redeem Staked Ethereum From April 19

Binance has announced that users who have staked ether (ETH) through the exchange will be able to redeem coins with their BETH holdings on a 1:1 basis starting from April 19th. BETH is a wrapped token issued by Binance which is 1:1 pegged to ETH on the Ethereum blockchain. Withdrawal requests, once submitted, cannot be canceled and the process may take up to several weeks to complete.

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