Binance Adds BETH / ETH Trading Pair

Dear members of the Binance community,

Binance will open trading in the BETH / ETH pair on 29.01.2021/15/00 at XNUMX:XNUMX (Moscow time).
To ensure a stable trading experience in pairs, we will temporarily limit the daily BETH subscription limit of each user to 1 ETH. In the future, we will notify users with a separate announcement about the change in the daily subscription limit.
О WHAT
BETH is a tokenized asset that represents your ETH staking at a 1: 1 ratio; Binance distributes staking rewards in the form of BETH on a daily basis. During the blocking period, which can take 2 years or even longer, users will not be able to redeem their ETH. Therefore, we launched the BETH / ETH trading pair as a solution to this liquidity problem. When ETH 2.0 launches, users will be able to exchange their ETH back based on their BETH assets.
Note: Although BETH is a tokenized asset that represents your ETH staked at a 1: 1 ratio, the price is market driven and can be higher or lower than the ETH price. Please be aware of the potential risks.
Risk Warning: Investing in cryptocurrencies comes with high exchange risks. Please deal with extreme caution. Binance makes every effort to select quality coins, but is not responsible for any losses you incur as a result of trading.
Thank you for your support!
Binоманда Binance
27.01.2021
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