Binance offers ETH 2.0 steaking with DOUBLE reward

The largest cryptocurrency exchange Binance published information on the launch of ETH 2.0 staking on its official websitedouble reward.

From December 2, 2020, users will be able to join the steaking on the Binance platform, as well as receive additional rewards in BETH.At the same time, all awards in BETH will be distributed in a ratio of 1:1 with ETH.Binance blockchain members will be able to use digital assets to cover all the costs of the operations.

Details about ETH 2.0 staking

On the official website of the platform https://www.binance.com/ you can find basic information about the steaking.Among the key points worth noting are:

• Steaking ETH 2.0 will be held starting from 02.12.20, the beginning is scheduled for 3:00 Moscow time.
• Organizers set a minimum steak amount of 0.0001 ETH.
• According to preliminary estimates, the annual yield of staveing can be5% to 20%.
• The calculation of payments for users will be carried out every day during the period of the event. Blockchain ecosystem members will receive cash rewards at BETH.
• When BETH enters the cryptocurrency market, users will be able to trade with ETH and BETH.

Double reward

Between December 2 and December 16 this year, all members of the blockchain ecosystem who have completed THE KYC before the end of the event will receiveadditional rewards.

Rewards will be determined by the actual user balance in BETH at the timeThis will allow Binance platform participants to double their profits fromsteaking.

At the same time, the organizers of the event noted that users will be able to get an additional profit of no more than 5000 ETH.If there is more than 5000 ETH on the user's balance sheet, there will be no additional reward in excess of this amountaccounted for when accruing BNB.

More information can be found on the Binance platform website https://www.binance.com.

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