Binance has announced recent withdrawals of ETH 2.0
Binance announced that users who staked ether (ETH) on the exchange would be able to redeem coins using their BETH holdings in a 1:1 ratio. The news was released just hours after Ethereum launched the eagerly awaited Shanghai upgrade, also known as the Shapella hard fork, which allowed users to withdraw more than 18 million ETH that had been staked in the blockchain since late 2020. This feature is currently live, where the users who can take part in ETH 2.0 Staking will be able to convert BETH to ETH on a 1:1 basis at the ETH 2.0 Staking website. Please remember that even after the Shapella upgrade, users can still stake Ethereum 2.0 and get BETH payouts. Our terms of service contain further details. When the Shapella update is finished, more details about ETH staking withdrawals will be released in a subsequent announcement. The projected distribution date of redeemed ETH will be displayed before users confirm their withdrawal requests, according to Binance's release. The most ...