{"cftoken-FAQ1title":"1. What is ETH2.0?","cftoken-FAQ2title":"2. When can I redeem my staked ETH?","cftoken-FAQ3title":"3. How is the APR calculated?","cftoken-FAQ3Content":"The APR isn't calculated by Binance. The whole staking process including staking rewards depends on the ETH network. The more ETH is staked, the lower the APR will be.","cftoken-FAQ4title":"4. What is BETH, and how does it work?","cftoken-FAQ4Content":"BETH is a tokenized asset representing your staked ETH on a 1:1 basis. You can swap your staked ETH to BETH and leverage your earnings potential. BETH can do everything that ETH does, and you can use it for trading, withdrawals, etc. You can swap your BETH holdings back to ETH when ETH 2.0 mainnet goes live and enable the withdraw feature(which happens at least  6 - 12 months later after The Ethereum Merge), and you'll receive ETH equal to your BETH holdings. There are limitations on the daily available quotta for BETH to be swapped.","cftoken-FAQ5title":"5. Where can I view my staking balance?","cftoken-FAQ5Content":"Your staked ETH balance can be viewed after logging in to your Binance account and navigating to the ETH2.0 page. You could also check your BETH holdings and rewards in your Spot Wallet.","cftoken-FAQ6title":"6. When can I receive my staking rewards?","cftoken-FAQ6Content":"The on-chain staking income will be distributed in the form of BETH to your Spot Account on a daily basis. For example, if you choose to stake your ETH today, your BETH position will be calculated the next day, and the T-day staking rewards will be distributed on the T+2 day.","cftoken-FAQ7title":"7. Will I keep receiving BETH staking interest if I stake my BETH in Launchpool or other products?","cftoken-FAQ7Content":"BETH staking interest is calculated based on users' BETH positions in Binance Spot Wallet, so there is no more staking income if users' BETH are deposited in Launchpool or withdrawn to BSC projects.","cftoken-banner-title":"Binance Ethereum (ETH) Staking","cftoken-banner-subtitle":"Passive earnings. Reference's APR: {{apy}}.","cftoken-intro-title":"About ETH 2.0","cftoken-intro-description":"An essential part of the upgrades is the introduction of staking, allowing users to stake their ETH, support the network, and earn rewards.","cftoken-intro-learn-more":"For details, please refer to:","cftoken-intro-url":"https://launchpad.ethereum.org/faq","cftoken-process":"Process","cftoken-step1-title":"Stake ETH","cftoken-step1-subtitle":"Lock-up period starts: December 01, 2020 12:00 (UTC). Staked funds cannot be redeemed.","cftoken-step2-title":"Rewards Distribution","cftoken-step2-subtitle":"In January, please stay tuned to our announcement.","cftoken-step3-title":"Redeem ETH","cftoken-step3-subtitle":"Not yet made available by the Ethereum Foundation.","cftoken-subscribe-now":"Stake Now","cftoken-my-locked-position":"My Locked Position","cftoken-current-beth-position":"Current BETH Position","cftoken-profit":"Profit","cftoken-lock-in-binance":"Binance Locked Staking","cftoken-locking-period":"Lock-up period","cftoken-lock-in-binance-description":"Binance Staking is committed to providing users with one-click Locked Staking for worry-free ultra-high returns.Staking makes it easy to take part in Ethereum 2.0, while ensuring greater security and more steady returns.","cftoken-locking-period-description":"The lock-up period is determined according to the development progress of ETH2.0, which may exceed two years and cannot be redeemed in advance. During the lock-up period, Binance provides you with BETH as the only lock-up token. You cannot view your assets in the spot account until you receive BETH in your spot account.","cftoken-check-your-balance":"In the meantime, you can check your balance by going to the ETH 2.0 page.","cftoken-profits":"Earnings distribution","cftoken-profits-description":"On-chain rewards earned during the lock-up period are determined based on how much ETH you stake and the duration of the lock-up period. On-chain rewards will be recorded as BETH values.","cftoken-get-beth-description":"We regularly distribute on-chain rewards to all participants based on their BETH position. The on-chain rewards will be distributed in the form of BETH to users' Spot accounts.","cftoken-redeem-eth-description":"You may redeem BETH to ETH on a 1:1 basis and receive the ETH amount equivalent to your redeemed BETH balance in your Spot Wallet. According to the rate limit design of the Ethereum Network, only a limited quantity of ETH can be redeemed daily. You should wait till the quota is refilled if you want to redeem your BETH.","cftoken-seo-title":"Earn Crypto Rewards with Binance ETH 2.0 Staking | DeFi Yield Farming | Binance.com","cftoken-seo-description":"Earn DeFi crypto rewards with Binance ETH 2.0 Staking. Safe and secure DeFi earning opportunities for yield farmers and users who want to earn crypto rewards.","cftoken-seo-keywords":"Earn DeFi Crypto Rewards with Binance | DeFi Yield Farming | Binance.com","cftoken-stake-eth-title":"Stake ETH","cftoken-stake-amount":"Stake Amount","cftoken-max":"MAX","cftoken-stake-placeholder":"Please enter the amount","cftoken-note":"Note","cftoken-available":"Available","cftoken-note1-description":"When your staking is successful, BETH, a representation of your staked ETH will be distributed to your Spot Account on a 1:1 basis.","cftoken-note2-description":"The ETH staking rewards will be distributed in the form of BETH to your Spot Wallet.","cftoken-note3-description":"The ETH staking APR is dynamically changing, following the onchain Ethereum staking rewards. a {{percentage}} commission fee is charged to ensure the project is sustainable.","cftoken-note4-description":"Binance will take a daily snapshot of your BETH holdings in your Spot Wallet. The amount of staking rewards is calculated based on all participants holdings.","cftoken-confirm":"Confirm","cftoken-cancel":"Cancel","cftoken-second-confirmation":"Confirmation","cftoken-confirm-title":"Please confirm that you have read the below information, that you understand what you have read, and that you accept the following terms:","cftoken-confirm1-description":"After you stake ETH, you receive WBETH, where the value increases against ETH per the APR from T+1 00:00 UTC. The staked ETH can't be traded nor transferred.","cftoken-confirm2-description":"If you choose to redeem, redemption may take up to {{day}} days  before WBETH is redeemed back to ETH in your spot wallet.","cftoken-confirm3-description":"Redemption is dependent on user's request, quota & network performances.","cftoken-confirm4-description":"I understand the risks of WBETH. The conversion rate between ETH and WBETH changes daily. If I redeem WBETH to ETH, I'll get an amount based on the conversion rate at that time.","cftoken-stake-successfully":"Staked Successfully","cftoken-stake-message":"Your {{count}} ETH stake is being processed. The equivalent amount of BETH will be distributed to your Spot account.","cftoken-back-to-subcribe":"Back to Stake","cftoken-locking-period-description1":"ETH 2.0 lock-up period is determined by the development pace in phase one, which may be more than 2 years. During the lock-up period, Binance will distribute BETH to your Spot account as proof of your staked ETH.","cftoken-locking-period-description2":"These assets in your Spot account won't be visible until you receive the BETH distribution.","cftoken-loginMsg":"Log in to view details","cftoken-login":"Login","cftoken-maxerror":"The amount you enter is too large.","cftoken-minerror":"Amount can't be less than {{min}}","cftoken-banner-stake-now":"Stake Now","cftoken-chart-position":"{{coin}} Volume","cftoken-staked":"Staked","cftoken-APR":"APR","cftoken-totalEthInMillions":"Total ETH Staked (in millions)","cftoken-bethStakedDescription":"Stake your ETH in one click and easily start generating yields, with token quantity protection and slashing coverage. You will get BETH as the representation of your staked ETH in a 1:1 ratio and as ETH Staking rewards.","cftoken-cumulativeYield":"Cumulative Yield","cftoken-ethEstimatedAPR":"Estimated APR (in ETH)","cftoken-BETHPosition":"BETH Position","cftoken-lastDayYield":"Last Day Yield","cftoken-distribute":"Distribute","cftoken-distributionRecord":"Distribution Record","cftoken-reachedQuota":"You have reached today's stake quota. Please try again tomorrow.","cftoken-viewStakeRecords":"View Stake Records","cftoken-backToSubscribe":"Back to Subscribe","cftoken-iKnow":"I understand","cftoken-FAQ1Content":"ETH 2.0 is the long-awaited upgrade to the Ethereum network that promises, among other things, to improve the network’s scalability, efficiency, and sustainability without sacrificing security and decentralization. The ETH community aims to achieve this by rolling out several phases and a series of upgrades. Recently,  Ethereum is stepping into the Merge Stage. After the Ethereum Merge, the consensus mechanism of ETH will be updated to PoS instead of  PoW mechanism.","cftoken-FAQ2Content":"ETH Staking withdrawals are not yet enabled with the Merge, instead, they are planned for the Shanghai upgrade, which happens at least 6-12 months after. However, Binance tokenizes BETH for users that represents your staked ETH on a 1:1 basis, to keep using your locked assets for trading and withdrawals. You can change BETH back to ETH when staking withdrawal enabled, then you will have the chance to swap the BETH you hold back to ETH on a 1:1 ratio.","cftoken-FAQ8title":"8. If  I swap my BETH to ETH,   could I still receive daily rewards distributed?","cftoken-FAQ8Content":"No, once you successfully swap the BETH back to ETH, you will not be able to receive the distributed BETH rewards again.","cftoken-last-day-yield-tooltip":"The current BETH amount in your Spot account for accruing interest is too low to generate earnings. Please top up the amount.","cftoken-summary":"Summary","cftoken-StakeDate":"Stake Date","cftoken-tbc":"To be confirmed","cftoken-not-enough":"The redemption quota is insufficient. Please check again later.","cftoken-over-limit":"The amount cannot be higher than {{val}} ETH.","cftoken-reach-personal-quota":"You have reached total personal stake quota.","cftoken-total-personal-staking-quota":"Total Personal Staking Quota:","cftoken-daily-available-limit":"Daily Available Limit:","cftoken-reach-daily-quota":"You have reached today's stake quota. Please try again tomorrow.","cftoken-amount-limit":"Amount Limit","cftoken-summary-note2":"ETH Staking reward distribution begins 2 days after you stake your ETH and your rewards will be automatically transferred to your Spot Wallet before 12:00 PM (UTC) every day.","cftoken-summary-note1":"Binance will take a daily snapshot of your BETH holdings in your Spot Wallet. The amount of staking rewards is calculated based on all participants holdings.","cftoken-redemption-data-tooltip":"When ETH 2.0 mainnet goes live, you can swap BETH to ETH on a 1:1 basis and receive the amount equivalent to your holding BETH amount.","cftoken-redemption-date":"Redemption Date","cftoken-interest-distribution-date":"Interest Distribution Date","cftoken-pos-ptip":"I have read and agreed to <termsLink>Binance ETH Staking Service Agreement</termsLink>","cftoken-VauleDate":"Value Date","cftoken-eth2-title":"ETH Staking","cftoken-seo-title-2":"Ethereum 2.0 Staking | Stake Ether & Get BETH | Binance","cftoken-seo-description-2":"Stake your ETH in one click and easily start generating yields, with token quantity protection and slashing coverage. You will get BETH as the representation of your staked ETH in a 1:1 ratio and as ETH Staking rewards.","cftoken-not-calculate-by-fiat":"APR does not mean the actual or predicted returns in fiat currency.","cftoken-note5-description":"ETH Staking reward distribution begins 2 days after you stake your ETH and your rewards will be automatically transferred to your Spot Wallet before 12:00 PM (UTC) every day.","FAQ":"FAQ","Tutorials":"Tutorials","cftoken-FAQ9Content":"Binance ETH 2.0 staking users are paid daily, and the reward yield is calculated according to your BETH holdings in Spot Wallet. Additionally, there is a queue for the activation of validators which also requires the gas fee to be paid.<p/>The ETH 2.0 staking APR is dynamically changing, following the on-chain mainnet staking rewards. The more ETH is staked in total, the lower the APR will be. Also, the changes of the on-chain transaction volume affects the Ethereum staking rewards.","cftoken-FAQ9title":"9. Why do I receive BETH interest different from the ETH chain APR? Why is the rewards changing?","cftoken-FAQ10title":"10. Will I still receive BETH Staking Rewards if I use BETH as a Binance Loan collateral?","cftoken-FAQ10Content":"BETH staking rewards is calculated based on users' BETH holdings in Binance Spot Wallet, therefore users will not receive any staking rewards for BETH that is used as collateral on Binance Loans.","cftoken-enter amount":"Enter amount","cftoken-redeem-available-since":"Available since","cftoken-redeem-limit-amount":"Daily remained amount:","cftoken-tag-new":"New","cftoken-banner-redeem":"Redeem","cftoken-about-headline":"About ETH Staking","cftoken-about-body":"Ethereum network has shifted from mining model (“Proof-of-Work”) to a staking model (“Proof-of-Stake”) since the Merge upgrade. The Merge is part of a series of ETH2.0 upgrades that aim to make Ethereum more scalable, more secure, and more sustainable.","cftoken-redeem-limit":"The daily redemption limit is <limit>{{amount}}</limit>. The redemption will be paused while the daily limit is reached, and we will release the exact amount the next day.","cftoken-redemption-confirm2-description":"I understand that the time required for redemption is due to the rate-limit design of ETH unstaking built into the Ethereum Network; only a limited quantity of ETH can be unstaked daily.","cftoken-stake":"Stake","cftoken-redemption-confirm3-description":"I understand that during the {{day}} day locked period, I am not able to transfer nor sell the locked BETH, and I will not be entitled to ETH staking rewards from the locked BETH.","cftoken-redemption-successful-button-back":"Back to ETH 2.0","cftoken-redemption-successful-button-view-history":"View History","cftoken-redemption-summary-note1":"After you successfully submit your BETH redeem request, your BETH will be frozen in your Spot Wallet, and you will not be able to receive rewards.","cftoken-redemption-successful":"Redemption Successful","cftoken-redemption-confirm1-description":"I understand that once I submit my redemption request, the amount of BETH to be redeemed will be locked until I receive the redeemed ETH.","cftoken-daily-redemption-limit":"Daily Redemption Limit","cftoken-eth-distribution-date":"ETH Distribution Date","cftoken-daily-personal-redeem-quota":"Daily Personal Redeem Quota","cftoken-eth2-redemption-title":"ETH Redemption","cftoken-over-limit-beth":"The amount cannot be higher than {{val}} BETH.","cftoken-redeem-eth-description-v2":"You may redeem BETH to ETH on a 1:1 basis and receive the amount equivalent to your redeemed BETH balance in your Spot Wallet.<p/>According to the rate limit design of the Ethereum Network, only a limited quantity of ETH can be redeemed daily. You should wait till the quota is refilled if you want to redeem your BETH.","cftoken-get-beth-description-v2":"We regularly distribute on-chain rewards to all participants based on their BETH position. The on-chain rewards will be distributed in the form of BETH to users' Spot Accounts.","cftoken-FAQ1title-V2":"What is ETH Staking?","cftoken-redemption-note1-description":"If you successfully redeem BETH back into ETH, you will no longer be able to receive the daily rewards distributed to your wallets.","cftoken-redemption-note2-description":"ETH 2.0 Staking is designed on the mainnet, where only a limited daily quantity of ETH can be redeemed.","cftoken-redemption-note3-description":"You can redeem your BETH back to ETH on a 1:1 ratio if your daily quota allows, but please carefully consider that if the daily quota is used up, you may not be able to redeem your BETH to ETH and will have to wait for the next time the quota is open again (the following day).","cftoken-redemption-summary-note2":"There will be {{redemptionDelayPeriod}} days before you  receive the related ETH quantity in your Spot Wallet and the frozen BETH is deducted. Please consider the risk related to the value of both ETH and BETH fluctuations.","cftoken-redemption-summary-note3":"As there are daily limitations on the quantity of ETH that can be redeemed, there is a possibility that your redeem request could fail if the quota is occupied by others at the time.","cftoken-redemption-over-personal-limit":"You have reached today's redemption quota. Please try again tomorrow.","cftoken-redemption-over-total-limit":"The redemption quota is insufficient. Please check again later.","cftoken-redemption-not-enough":"The amount is higher than the available balance.","cftoken-redemption-over-max-limit":"The amount cannot be higher than the ETH redemption quota or limit, equivalent to {{amount}} {{token}}.","cftoken-redemption-below-minium-limit":"The amount cannot be lower than {{amount}} {{token}}.","cftoken-redemption-personal-daily-limit":"Total Redemption Limit","cftoken-FAQ13Content-V2":"Your personal daily quota of staked ETH redemption is reset at {{date}} ({{timezone}}).","cftoken-FAQ13title-V2":"When does my personal daily quota of redemption reset?","cftoken-FAQ2Content-V2":"Wrapped Beacon ETH (WBETH) represents your staked ETH plus the staking reward received, in a tradable and transferable form.","cftoken-FAQ14title-V2":"When is the platform-wise Total Redemption Limit replenished?","cftoken-FAQ14Content-V2":"Based on the amount of ETH that Binance unstakes from the network, the redemption pool is replenished throughout the day to maintain a fair distribution. The replenishment schedule and quota may vary to ensure a smooth user experience. When redeeming, you will share the ETH amount from the pool with other users.","cftoken-FAQ15title-V2":"If I redeem my WBETH or BETH to ETH, when will I receive the ETH?","cftoken-FAQ15Content-V2":"You will receive the unstaked ETH in your Spot Wallet {{redemptionDelayPeriod}} days after successfully submitting a redemption request.","cftoken-FAQ16title-V2":"If I redeem my WBETH or BETH to ETH, will I still receive the daily rewards?","cftoken-FAQ16Content-V2":"No, the portion of WBETH or BETH you redeem/sell will no longer be entitled to receive daily rewards.","cftoken-FAQ17title-V2":"What happens if I sell/transfer my WBETH or BETH to someone else?","cftoken-FAQ17Content-V2":"If you sell/transfer your WBETH or BETH, then your ownership of the staked ETH and the corresponding rewards (rewards accrued and future rewards) are transferred to the one who purchased it.","cftoken-FAQ1Content-V2":"The Ethereum network is a “Proof-of-Stake” network, where holders of ETH can stake their ETH to secure the network and earn rewards. However, staking directly through the Ethereum network requires at least 32 ETH, as well as setting up and maintaining nodes.","cftoken-FAQ2title-V2":"What is WBETH and what can I do with it?","cftoken-FAQ3title-V2":"Why is APR changing and how is the APR calculated?","cftoken-FAQ3Content-V2":"The ETH staking APR is dynamic, following the on-chain Ethereum staking rewards which fluctuate due to various factors including on-chain activities and consensus rewards, etc. A {{percentage}} commission fee on the reward is charged to ensure the product is sustainable.  Rewards are distributed to Binance ETH Staking users on a T+1 day basis after the rewards are generated on chain.","cftoken-FAQ4title-V2":"Why do I get less WBETH amount than the ETH amount I staked? Why is the WBETH:ETH conversion ratio not 1:1?","cftoken-FAQ4Content-V2":"Staking ETH into WBETH does not diminish your ETH balance. Both your ETH and earned rewards can be reclaimed based on the applicable conversion ratio at redemption.","cftoken-FAQ9Content-3-V2":"<p />Please carefully consider the uncertainty that if the on-chain daily quota is used up, Binance cannot unstake the ETH from the network and, hence, you may not be able to redeem your BETH for ETH until the quota is available again. The personal daily quota may change without prior notice.","cftoken-FAQ6title-V2":"Does the conversion ratio change linearly or variably?","cftoken-FAQ5title-V2":"How often does the WBETH:BETH conversion rate change/update?","cftoken-FAQ9Content-2-V2":"<p />Due to the processing limitations on the Ethereum network, a daily BETH redemption quota will be set for each Binance user. The personal quota is based on each user's past average holding of BETH in Binance Spot Wallet, Simple Earn (flexible), and Binance Loan collateral:<br />- Past 15-day average holding &lt; {{threshold}} BETH: max {{aPoolMax}} BETH per day<br />- Past 15-day average holding &gt;= {{threshold}} BETH: max {{bPoolMax}} of your average BETH holdings per day.","cftoken-FAQ12Content-V2":"Yes. Due to the rate limit design of the Ethereum network, only a limited amount of staked ETH can be unstaked daily. The redemption pool on Binance ETH Staking is replenished based on the amount received from the network.","cftoken-FAQ10Content-V2":"Your cumulative rewards can be viewed after logging in to your Binance account and navigating to this <eth2>Binance ETH Staking</eth2>. <br/><br/> For BETH rewards, you can also check your <history>ETH Staking History</history>.","cftoken-FAQ10title-V2":"Where can I view my staking rewards records?","cftoken-FAQ12title-V2":"Are there any restrictions on the number of staked ETH that I can redeem?","cftoken-FAQ9Content-V2":"Your staked ETH balance can be viewed after logging in to your Binance account and navigating to this <eth2>Binance ETH Staking</eth2> page.","cftoken-FAQ9title-V2":"Where can I view my staking balance?","cftoken-FAQ11title-V2":"How can I redeem my staked ETH?","cftoken-FAQ11Content-V2":"You can redeem your staked ETH for ETH on Binance ETH Staking.","cftoken-FAQ8Content-V2":"Holding WBETH represents the staked ETH plus the staking rewards. No rewards will be distributed to your Spot Wallet directly. Instead, the rewards earned are accrued and increase the value of WBETH. This increased value is reflected by the WBETH:ETH conversion ratio updated daily at {{daily-date}} ({{timezone}}). You will be able to check the records of your earned rewards value in ETH on the <history>WBETH Reward History</history> of Binance ETH Staking page.","cftoken-FAQ7Content-V2":"Yes, WBETH accrues rewards even if it was bought from the market, deposited to an exchange, or obtained from Binance ETH Staking.","cftoken-FAQ8title-V2":"When and how will I receive my staking rewards?","cftoken-FAQ6Content-V2":"WBETH will increase in value, which is reflected by every update of the WBETH:BETH conversion ratio. However, the actual value increase in every update is variable, depending on the on-chain ETH staking APR.","cftoken-FAQ7title-V2":"Do I get rewards accrued in WBETH bought from the market?","cftoken-FAQ5Content-V2":"Daily at 23:45 - 00:15 (UTC+0)<br/><br/>Please note that staking/redemption feature is paused in the period when the WBETH:BETH conversion rate is being updated.","cftoken-redemption-amount":"Redeem amount","cftoken-View Unwrap History":"View Unwrap History","cftoken-Back to Wrap BETH":"Back to Wrap BETH","cftoken-wrap-beth-desc":"Unleash your double yield potential. Earn staking rewards, and explore exciting DeFi opportunities on chain.","cftoken-wrap":"Wrap","cftoken-Withdraw WBETH":"Withdraw WBETH","cftoken-a-8-1":"You can unwrap your WBETH tokens <here>here</here>. Please specify the WBETH amount and press Unwrap.","cftoken-a-7-5":"Holding WBETH will allow users to enjoy the same level of ETH2.0 staking rewards as holding BETH.","cftoken-q-12":"How often does the WBETH:BETH conversion rate change/update?","cftoken-a-7-2":"When you keep your BETH in the wrapper as WBETH, the daily staking reward will not be distributed to your Binance Spot Wallet as BETH (hence there is no transaction record of daily reward distribution per user).","cftoken-a-7-3":"Instead, the reward will accumulate and auto-compound inside the wrapper. Once your WBETH is unwrapped, the BETH amount you get back will be more than the pre-wrapped amount, which reflects the reward you received.","cftoken-a-5-2":"Once your WBETH is unwrapped, the BETH amount you get back will be more than the pre-wrapped amount, which reflects the reward you received.","cftoken-a-6-1":"No, staking rewards accrue to WBETH automatically.","cftoken-a-7-1":"Records of reward earned by holding WBETH are not displayed in the same way as BETH.","cftoken-a-3-2":"But wrapping BETH into WBETH gives you exclusive benefits that are covered in more depth in the answer to the question \"Why would I wrap BETH to get WBETH and how can I use WBETH?\".","cftoken-a-4-1":"You can wrap your BETH <here>here</here>. Simply log in to your Binance account, specify the BETH amount, and click Wrap.","cftoken-a-5-1":"Yes, WBETH gets staking rewards at the same rate as regular BETH. When you keep your BETH in the wrapper as WBETH, the daily staking reward will not be distributed to your Binance Spot Wallet as BETH; instead, the reward will accumulate and auto-compound inside the wrapper.","cftoken-a-2-4":"Unwrap your WBETH for BETH and redeem staked ETH.","cftoken-a-2-1":"Wrapping your BETH allows you to send your staked ETH off-platform or to/from a self-custodied wallet on the blockchain, including Ethereum and BSC.","cftoken-a-2-3":"Earn additional yield on other DeFi protocols or dApps with strategies like yield farming and vaults, etc. The best part is that while you earn yield with those additional strategies, you are still entitled to ETH2.0 staking rewards because WBETH is reward-bearing in nature and the staking reward accumulates and auto-compounds in the wrapper by itself. This gives you a double-yield potential.","cftoken-a-2-2":"Hold WBETH in wallets you own anywhere and receive staking rewards. The value of WBETH will increase despite not being held in Binance.","cftoken-a-3-1":"No, you will still receive a daily ETH2.0 staking reward distributed to your Binance Spot Wallet by holding BETH, as long as you are following the rules detailed in ETH2.0 staking page.","cftoken-Wrap BETH":"Wrap BETH","cftoken-a-1-3":"Unlike BETH, WBETH accumulates staking rewards despite not being held in Binance.","cftoken-a-1-2":"In other words, WBETH is reward-bearing in nature. It reflects ETH2.0 staking rewards not by growing in quantity, but by growing in value in relation to BETH. Over time, the price of WBETH will likely be worth more BETH. You can find the WBETH:BETH conversion rate and wrap/unwrap information <here>here</here>.","cftoken-a-1-4":"Example*:<brtag />You wrap 10 BETH to 9.95 WBETH.<brtag />ETH2.0 staking rewards accumulate in the wrapper, and your WBETH becomes worth more BETH.<brtag />After a period of time, when you unwrap your WBETH, you receive 11 BETH.","cftoken-wbeth-desc":"Wrapped Beacon ETH (\"WBETH\") is a wrapped version of BETH. Wrapped, WBETH is reward-bearing in nature. It accumulates ETH2.0 staking rewards not by growing in number, but by growing in value in relation to BETH. Unlike BETH, the value of WBETH will increase despite not being held in Binance Spot Wallet.","cftoken-Learn More":"Learn More","cftoken-Wrap BETH into WBETH":"Wrap BETH into WBETH","cftoken-a-1-5":"*The numbers above are hypothetical and for illustrative purposes only. The actual scenario depends on the conversion rate at wrap/unwrap, the holding period of WBETH, and on-chain ETH2.0 staking APR, etc.","cftoken-unwrap into":"Unwrap into","cftoken-date":"Date","cftoken-Ratio":"Ratio","cftoken-beth apr":"BETH APR","cftoken-unwrap":"Unwrap","cftoken-amount":"Amount","cftoken-available-token":"Available: <num>{{amount}}</num> {{asset}}","cftoken-wrap into":"Wrap into","cftoken-rate history title":"WBETH: BETH Rate History","cftoken-wrap-success-desc":"Congratulation! You have successfully wrapped BETH into WBETH.","cftoken-function unavailable":"This function is currently unavailable, please try again later","cftoken-wbeth-subtitle":"Liquid Staking - Passive earning with both staking rewards and additional DeFi gain.","cftoken-wbeth-title":"Wrapped Beacon ETH (WBETH)","cftoken-wrap-success":"Wrap Successfully","cftoken-unwrap-success-desc":"Congratulation! You have successfully unwrapped WBETH into BETH.","cftoken-wbeth-desc2":"That means WBETH provides you with double yield potential by (i) holding it to earn staking rewards, and (ii) moving it on-chain and exploring exciting DeFi and other dapps opportunities. Users can wrap their BETH to receive WBETH on this page. Find below for the historical conversion rate of 1 WBETH in BETH.","cftoken-beth-wbeth-ratio":"BETH:WBETH Ratio","cftoken-amount-too-high":"The amount is higher than the available balance","cftoken-View Wrap History":"View Wrap History","cftoken-a-8-2":"You will receive the BETH in your Binance Spot Wallet as soon as you unwrap WBETH. Please note that wrap/unwrap feature is paused in 23:45 - 00:15 (UTC+0) every day when the WBETH:BETH conversion rate is being updated.","cftoken-a-10-4":"For example","cftoken-a-8-4":"If you would like to monitor the reward earned on an ongoing basis, you may refer to the WBETH:BETH conversion rate on <here>here</here>. By subtracting the conversion rate between two dates, the difference will tell how much BETH you (would) have earned by holding 1 WBETH for that period.","cftoken-a-8-3":"Instead, the reward will accumulate and auto-compound inside the wrapper. Once your WBETH is unwrapped, the BETH amount you get back will be more than the pre-wrapped amount, which reflects the reward you received.","cftoken-a-8-5":"Holding wBETH will allow users to enjoy the same level of ETH2.0 staking rewards as holding BETH.","cftoken-a-10-3":"As rewards are paid on the underlying staked ETH, the WBETH price denominated in BETH (conversion rate) will increase over time. Each WBETH will be worth more BETH.","cftoken-a-9-1":"There's no limit on the minimum/maximum amount. You can wrap/unwrap any amount.","cftoken-a-10-2":"Consequently, the WBETH price denominated in BETH is always larger than 1. That is why when you convert 1 BETH to WBETH, you will get less WBETH.","cftoken-wbeth-beth-ratio":"WBETH:BETH Ratio","cftoken-a-10-10":"However, if you choose to continue holding WBETH:","cftoken-a-10-11":"5. 1 year later, as rewards accrue, the WBETH price goes up by another 5% (1 WBETH = 1.10250000 BETH);","cftoken-a-10-6":"2. As rewards accrue, 1 year later, the WBETH price goes up by 5%;","cftoken-a-10-9":"When you wrap the 1 BETH at step 4, it is normal that you get WBETH less than 1. If you unwrap it immediately, you will find you receive an amount of BETH exactly the same as the original one before you wrap.","cftoken-a-10-12":"6. You unwrap 0.95238095 WBETH and get 1.05 BETH.","cftoken-a-13-1":"WBETH will increase in value, which is reflected by every update of the WBETH:BETH conversion rate. However, the actual value increase in every update is variable, depending on the on-chain ETH2.0 staking APR (same as APR for BETH).","cftoken-a-11-1":"You can also check the conversion rate <here>here</here>.","cftoken-a-15-2":"Secondary markets may price WBETH differently from the underlying conversion rate on Binance, which could mean that you lose/earn some cash value if you wrap and then arbitrage your WBETH in the market. Please take risk into consideration. Alternatively, when you would like to exit your WBETH position, you may unwrap it for BETH and redeem the underlying ETH for free.","cftoken-a-14-1":"No, users can wrap/unwrap for free.","cftoken-a-10-5":"1. User wraps 1 BETH and gets 1 WBETH on the first day when WBETH launched;(1 WBETH = 1 BETH);","cftoken-a-16-1":"WBETH is designed to include all staking rewards earned on the underlying BETH, which may also cause price deviations over time.","cftoken-a-17-1":"If you sell/transfer your WBETH to someone else, then you won’t be able to unwrap it for BETH. BETH represents staked ETH on Binance at 1:1 ratio. If you sell WBETH to someone else, then you’ll give up your ability to others to unwrap it for BETH and hence your redemption right for ETH.","cftoken-q-10":"Why do I get less WBETH for my 1 BETH?","cftoken-q-11":"Where can I find the WBETH:BETH conversion rate?","cftoken-q-5":"Do I get my staking rewards if I wrap BETH to WBETH?","cftoken-q-2":"Why would I wrap BETH to get WBETH and how can I use WBETH?","cftoken-q-4":"How can I get WBETH?","cftoken-q-6":"Do I need to claim my staking rewards if I wrap BETH to WBETH?","cftoken-q-9":"What is the minimum/maximum amount of BETH I can wrap/unwrap?","cftoken-q-8":"How do I unwrap WBETH back to BETH?","cftoken-q-13":"Does the conversion rate change linearly or variably?","cftoken-q-14":"Are there any charges for the wrapping/unwrapping process?","cftoken-q-18":"Where can I view my WBETH balance?","cftoken-q-7":"Will I have a historical record of my earned rewards by holding WBETH, like the transaction record of daily reward distribution by holding BETH?","cftoken-FAQ":"FAQ","cftoken-q-15":"What is the additional risk for holding WBETH than BETH?","cftoken-q-17":"What happens if I sell/transfer my WBETH to someone else?","cftoken-Less":"Less","cftoken-q-16":"Why doesn't the WBETH price match the BETH price?","cftoken-View More":"View More","cftoken-a-18-1":"Your WBETH balance can be viewed after logging in to your Binance account and navigating to your Spot Wallet.","cftoken-q-1":"What is WBETH?","cftoken-a-10-7":"3. User unwraps 1 WBETH and gets 1.05 BETH (1 WBETH = 1.05 BETH);","cftoken-q-3":"Do I have to wrap my BETH into WBETH to keep receiving ETH2.0 staking rewards?","cftoken-unwrap-success":"Unwrapped successfully","cftoken-wrap-history":"Wrap/Unwrap Record","cftoken-wrap-beacon-eth":"Wrap Beacon ETH","cftoken-a-10-8":"4. Now, when another user wraps 1BETH to WBETH, they could get ~0.95238095 WBETH (1 WBETH = 1.05 BETH).","cftoken-wbeth-confirm1-desc":"I understand that the conversion rate between BETH and WBETH is subject to change on a daily basis.","cftoken-q-19":"Why is my unwrapped BETH amount less than the pre-wrapped amount?","cftoken-Redeem BETH":"Redeem BETH","cftoken-FAQ18Content-V2":"No, the redemption process is not reversible. However, you can restake or swap the received ETH into WBETH afterwards.","cftoken-a-19-1":"Since the wrap/unwrap conversion rounds down the applied amount to 8 decimal places, unwrapped BETH amount could be less than the pre-wrapped amount when wrapping and unwrapping within a small timeframe.","cftoken-wbeth-confirm2-desc":"I understand that when I trade/transfer WBETH to another person, the other person has the right to unwrap the WBETH to BETH and redeem it to ETH.","cftoken-a-12-1":"Daily at 23:45 - 00:15 (UTC+0)","cftoken-FAQ18title-V2":"Once I confirm to start the redemption, can I stop it?","cftoken-a-1-1":"Wrapped BETH (\"WBETH\") is a special kind of BETH, and is a token created by depositing BETH into the BETH wrapper. Each WBETH represents 1 BETH (1:1 to staked ETH) plus all of its accrued ETH2.0 staking rewards starting from when WBETH's conversion rate was initialized at 1:1 on 27 Apr 2023 00:00 (UTC+0).","cftoken-a-10-1":"Each WBETH represents 1 BETH plus all of its accrued ETH2.0 staking rewards starting from when WBETH's conversion rate was initialized on 27 Apr 2023 00:00 (UTC+0).","cftoken-a-7-4":"If you would like to monitor the reward earned on an ongoing basis, you may refer to the WBETH:BETH conversion rate <here>here</here>. By subtracting the conversion rate between two dates, the difference will tell how much BETH you (would) have earned by holding 1 WBETH for that period.","cftoken-eth-address":"Ethereum:","cftoken-bnb-address":"BNB Smart Chain:","cftoken-a-15-1":"Please make sure you are interacting with the correct smart contract address when you transfer/trade WBETH off Binance’s platform. Anyone can create a token and name it with the same symbol on chain. Please find the correct contract addresses at <etherscan>etherscan</etherscan> and <bscscan>bscscan</bscscan>","cftoken-a-1-6":"Please find the correct WBETH contract address below:<br /> Ethereum: <etherscan>https://etherscan.io/token/0xa2E3356610840701BDf5611a53974510Ae27E2e1 </etherscan><br /> BNB Smart Chain: <bscscan>https://bscscan.com/token/0xa2E3356610840701BDf5611a53974510Ae27E2e1</bscscan>","cftoken-a-17-2":"You can find more details about BETH at the <linktag>ETH Staking page</linkTag>.","cftoken-a-4-2":"To get BETH, you can stake ETH at the <linktag>ETH Staking page</linkTag>.","cftoken-FAQ13Content-2-V2":"<p />However, the change in waiting period is not retrospective but is only applicable for new requests upon the change, i.e. once a redemption request is submitted, the time you receive your ETH is fixed and you can check the arrival time in your transaction history.<p />Should you need to unwind your BETH position immediately, you can trade on Binance Spot Market.","cftoken-reference-apr-hint":"The most recent distributed reward.","cftoken-View-More":"View More","cftoken-Reference-APR-Tips":"The most recent distributed reward.","cftoken-BETH-historical-APR-description":"*APR displayed are calculated based on the yield generated on chain 2 days ago.","cftoken-BETH-historical-APR-headline":"BETH Historical APR","cftoken-redemption-quota-insufficient":"The redemption quota is temporarily insufficient. Please check again later.","cftoken-eth2 agreement change notification":"The “Binance ETH 2.0 Staking Service Agreement” has recently been revised. Please ensure that you have read and that you agree to the terms and conditions before proceeding.","redeem-ratio-tips":"The ratio is fixed at the point of redemption. Rewards will stop accruing during the redemption period.","cftoken-FAQ1Content-1-V2":"Binance lowers the barriers by running the nodes for users and offering the option to stake from as little as 0.0001 ETH to earn rewards. When you stake ETH via Binance, you will get WBETH as the tokenized representation of your staked ETH and rewards.","stake-ratio-tips":"The ratio will be updated daily to reflect the rewards earned from the staked ETH. As ETH staking rewards accumulate, 1 WBETH gradually increases in value relative to 1 ETH.","WBETH Reward desc":"Holding WBETH represents the staked ETH plus the staking rewards. WBETH does not grow in quantity over time but instead, grows in value (i.e., due to the accumulation of staking rewards, the value of 1 WBETH progressively exceeds that of 1 ETH). You can check the daily rewards that have been accrued within your WBETH below.","The-most-recent-APR":"The ETH staking APR is dynamic and calculated based on the onchain Ethereum staking rewards. APR does not mean the actual or predicted returns in fiat currency.","APR Ratio History":"APR (Ratio) History","APR Ratio History note":"*APR displayed are calculated based on the yield generated on chain 2 days ago.","beth-balance-card-desc":"Wrap into WBETH to explore more use cases of your staked ETH and yield opportunities","FAQ1Content-1-V2":"Binance lowers the barriers by running the nodes for users and offering the option to stake from as little as [0.0001] ETH to earn rewards. When you stake ETH via Binance, you will get WBETH as the tokenized representation of your staked ETH and rewards.","Flexible exit policy":"Flexible exit policy","From":"From","Your token balances":"Your {{token}} Balance","cftoken-beth-content-1":"BETH is the representation of your staked ETH on a 1:1 basis. By holding BETH in your Spot Wallet, you receive a staking reward in the form of BETH. You can redeem your BETH holdings back to ETH on 1:1 basis. Please note that there are limitations on the daily available quota of BETH that can be stake and redeem.","Est rewards in selected period":"Est. rewards in selected period","Your ETH balance multiply Yesterday":"Your ETH balance * Yesterday’s APR * 30/365","Est Rewards in ETH":"Est. Rewards in ETH","Earn daily yields while utilizing":"Earn daily yields while utilizing your staking!","Equivalent in ETH":"Equivalent in ETH","Est cumulative reward":"Est. cumulative reward","Earn daily yield and Utilize":"Earn daily yield & Utilize your staking","Earn daily yield desc":"WBETH accumulates rewards by growing in value in relation to ETH.","Dont show again in 7 days":"Don’t show again in 7 days","DeFi Protocols desc":"Interact with DeFi Protocols on chain for additional yields","DeFi Protocols":"DeFi Protocols","Binance Loans desc":"Use as collateral to borrow crypto","Earn daily yield":"Earn daily yield","Binance ETH Staking":"Binance ETH Staking","Back ETH Staking":"Back ETH Staking","Binance Loans":"Binance Loans","Audit Report":"Audit Report","Liquid Swap":"Liquid Swap","Later":"Later","Join the Ethereum ecosystem":"Join the Ethereum ecosystem and earn daily yield","Learn more":"Learn more","Available Quota":"Available Quota","Low barriers to entry":"Low barriers to entry","Margin and Future Trading":"Margin & Future Trading","Make the most of WBETH":"Make the most of WBETH","Liquid Swap desc":"Add liquidity and earn double","Potential earnings in 30 days":"Potential earnings in 30 days :","Monthly Est Reward":"Monthly Est. Reward","Project rules":"Project rules","Redeem to get more ETH desc":"Redeem ETH with your value-increased WBETH any time. Redemption period takes up to 2-5 days.","Redeem to get more ETH":"Redeem to get more ETH","Redeem to":"Redeem to","Margin and Future Trading desc":"Use as collateral in Portfolio Margin for margin / futures trading","Spot Trading desc":"Trade against ETH, USDT, and more","Spot Trading":"Spot Trading","Secure and transparent":"Secure and transparent","Schedule":"Schedule","Reference APR":"Reference APR","Stake into token":"Stake into {{token}}","Stake ETH into WBETH desc":"Stake your ETH and get WBETH as the tokenized representation of your staked ETH in a 1:0.9987 ratio.","Stake into WBETH to earn":"Stake into WBETH to earn daily yields while utilizing your staking!","Stake with Binance for as":"Stake with Binance for as little as {{num}} {{token}}","Stake token now":"Stake {{token}} now","Stake token":"Stake {{token}}","Start earning in 3 steps":"Start earning in 3 steps","Stake ETH into WBETH":"Stake ETH into WBETH","Use WBETH as Collateral for":"Use WBETH as Collateral for borrow cryptos","Total Value Staked":"Total Value Staked","Total Value Staked History":"Total Value Staked History","Total Value Staked History note":"* Note or description note or description note or description note or description","Utilize staked ETH":"Utilize staked ETH","The most recent APR":"The most recent APR: <apr>{{val}}</apr>","beth-balance-card-popular-tag":"Popular","WBETH Reward":"WBETH Reward","What is WBETH":"What is WBETH","cannot-purchase":"The {{action}} feature is paused between {{forbiddenStartTime}}-{{forbiddenEndTime}} {{timezone}} every day whilst the WBETH:ETH conversion rate is being updated. Please try again later.","What is WBETH desc":"Wrapped Beacon ETH (WBETH) represents your staked Ethereum (ETH) and the staking reward received, in a tradable and transferable form. WBETH accumulates ETH staking rewards by growing in value in relation to ETH, even when it is used in Binance products or DeFi Projects.","cftoken-FAQ11Content-1-V2":"WBETH holders can redeem their WBETH to ETH based on the applicable WBETH:ETH conversion ratio at redemption.","View Reward":"View Reward","cftoken-FAQ11Content-3-V2":"Please note that there is a limit on the daily quota due to the processing limitations on the Ethereum network. The redemption processing time may vary. Please check on the <redemption>redemption page</redemption> for the delivery time.","cftoken-FAQ12Content-1-V2":"Hence, a daily staked ETH redemption quota will be set for each Binance user. The personal quota is based on each user's past average holding of staked ETH in Binance Spot Wallet, Funding Wallet, Earn Wallet, Binance Loan collateral account, Margin Wallet, and Portfolio Margin account:","cftoken-FAQ12Content-3-V2":"- Past 15-day average holding &gt;= {{threshold}} staked ETH: max {{bPoolMax}} of your average staked ETH holdings per day.","cftoken-FAQ12Content-2-V2":"- Past 15-day average holding &lt;  {{threshold}} staked ETH: max {{aPoolMax}} staked ETH per day","cftoken-FAQ11Content-2-V2":"BETH holders can redeem their BETH back to ETH at a 1:1 ratio.","cftoken-FAQ12Content-5-V2":"Please carefully consider the uncertainty that if the on-chain daily quota is used up, Binance cannot unstake the ETH from the network and, hence, you may not be able to redeem your BETH for ETH until the quota is available again. The personal daily quota may change without prior notice.","cftoken-FAQ15Content-1-V2":"Please note that a queue for ETH redemption is expected. The time it takes to process ETH withdrawal requests is determined by the demand for ETH staking withdrawals at the time of the redemption request.","cftoken-FAQ15Content-3-V2":"However, the change in waiting period is not retrospective but only applicable for new requests upon the change, i.e. once a redemption request is submitted. The time you receive your ETH is fixed and you can check the arrival time in your transaction history.","cftoken-FAQ15Content-2-V2":"The waiting period is subject to change and without prior notice.","cftoken-FAQ12Content-4-V2":"Your staked ETH holding = WBETH holding * WBETH:ETH conversion ratio + BETH holding","cftoken-FAQ15Content-4-V2":"Should you need to unwind your ETH staking position immediately, you can wrap BETH to WBETH and trade WBETH on Binance Spot Market.","cftoken-FAQ2Content-2-V2":"In contrast, WBETH provides flexibility to sell, transfer, or use the staked ETH position. You can even move WBETH to a personal wallet and use it outside the Binance platform whilst still earning rewards.","cftoken-FAQ2Content-1-V2":"Ordinary staking would lock up your staked assets, which means you cannot use them for other purposes. It increases a user's opportunity cost.","cftoken-FAQ2Content-3-V2":"WBETH accumulates the staking rewards, even when it is used in other Binance products or external DeFi applications for additional yield opportunities.","cftoken-FAQ4Content-1-V2":"The WBETH:ETH ratio is not 1:1 because 1 WBETH represents 1 staked ETH plus the staking rewards since 2023-04-27 08:00 (UTC). Due to the accumulation of staking rewards, the value of 1 WBETH progressively exceeds that of 1 ETH. The ratio is updated daily to reflect the rewards earned from the staked ETH.","cftoken-FAQ2Content-4-V2":"For more use cases, please visit <here>here</here>","cftoken-FAQ4Content-5-V2":"*The numbers above are for illustrative purposes only. The actual scenario depends on the conversion rate at stake/redeem, the holding period of WBETH, and on-chain ETH staking APR, etc.","cftoken-FAQ4Content-3-V2":"ETH staking rewards accumulate, and the user's WBETH becomes worth more ETH. Three months later, on 23 October 2023, the WBETH:ETH conversion ratio has grown to 1:1.01980774.","cftoken-FAQ4Content-4-V2":"If the user redeems their WBETH on that day, they would receive 10.09669596 ETH, which includes both their staked amount and the earned rewards.","cftoken-FAQ4Content-2-V2":"Example*: <br/>On 22 July 2023, the WBETH:ETH conversion ratio was 1:1.01004105. When a user stakes 10 ETH, they would obtain 9.90058770 WBETH.","cftoken-beth-content-2":"BETH staking rewards are calculated based on users' BETH positions in their Binance Spot Wallet, so there are no more staking rewards if their BETH tokens are deposited to other products or withdrawn out of Binance.","cftoken-beth-content-3":"BETH withdrawal from Binance is disabled since the launch of WBETH. Users who would like to transfer the token off the platform can wrap it into WBETH on the WBETH Wrap page.","cftoken-beth-content-2-sub-1":"If you would like to keep receiving ETH staking rewards while holding or using the assets out of Binance Spot Wallet, you may wrap BETH into WBETH <here>here</here> and use WBETH for the purpose.","cftoken-FAQ8Content-1-V2":"For BETH, the staking rewards will be distributed in the form of BETH to your Spot Wallet on a daily basis between {{date_1}} to {{date_2}} ({{timezone}}).","cftoken-beth-content-1-sub-1":"To transfer, trade, or utilize your ETH staking position for other use cases, you may wrap your BETH into WBETH.","cftoken-beth-content-3-sub-1":"Redemption of BETH for ETH is not affected.","cftoken-beth-content-4-sub-3":"For more use cases, please visit <here>here</here>","cftoken-beth-content-4-sub-2":"WBETH also provides flexibility to sell, transfer, or use the staked ETH position. You can even move WBETH to a personal wallet and use it outside the Binance platform.","cftoken-beth-content-4-sub-1":"In contrast, WBETH accumulates the staking rewards, even when it is used in other Binance products or external DeFi applications for additional yield opportunities.","cftoken-beth-content-6-sub-4":"ETH staking rewards accumulate, and the user's WBETH becomes worth more ETH. Three months later, on 23 August 2023, the WBETH:ETH conversion ratio has grown to 1:1.01980774.","cftoken-beth-content-6-sub-1":"Each WBETH represents 1 BETH plus all of its accrued ETH staking rewards starting from when WBETH's conversion rate was initialized on 27 Apr 2023 00:00 (UTC+0). The rewards for holding WBETH accrued in the value of WBETH. As rewards are paid on the underlying staked ETH, the WBETH price denominated in BETH (conversion rate) will increase over time. Each WBETH will be worth more BETH.","cftoken-beth-content-6-sub-3":"Example*:  <br/>On 22 July 2023, the WBETH:ETH conversion ratio was 1:1.01004105. When a user wraps 10 BETH, they would obtain 9.90058770 WBETH.","cftoken-beth-content-6":"Wrapping does not diminish your staked ETH balance. Both your ETH and earned rewards can be reclaimed based on the applicable conversion ratio at redemption.","cftoken-beth-content-6-sub-2":"Consequently, the WBETH price denominated in BETH is always larger than 1. That is why when you convert 1 BETH to WBETH, you will get less WBETH.","cftoken-beth-content-5":"No, you will still receive a daily ETH staking reward distributed to your Binance Spot Wallet by holding BETH, as long as you are following the rules detailed on ETH  Staking page. However, wrapping BETH into WBETH gives you exclusive benefits that are covered in more depth in the answer to the question \"Why would I wrap BETH to get WBETH and how can I use WBETH?\".","cftoken-beth-content-4":"You will have to hold BETH in your Spot Wallet to receive staking rewards.","cftoken-beth-content-6-sub-6":"*The numbers above are for illustrative purposes only. The actual scenario depends on the conversion rate at stake/redeem, the holding period of WBETH, and on-chain ETH staking APR, etc.","cftoken-beth-content-8":"No, users can wrap for free.","cftoken-beth-content-7":"WBETH gets staking rewards at the same rate as regular BETH.","cftoken-beth-content-7-sub-2":"The WBETH:ETH conversion ratio is updated daily to reflect the rewards earned from the staked ETH.","cftoken-beth-content-7-sub-1":"However, the daily staking reward will not be distributed to your Binance Spot Wallet as BETH. Instead, the rewards will accumulate and auto-compound inside WBETH.","cftoken-beth-content-7-sub-3":"Once your WBETH is redeemed, the ETH amount you get back will be more than the pre-wrapped amount, which reflects the reward you received.","cftoken-beth-title-3":"Why cannot I withdraw BETH from Binance?","cftoken-beth-content-9":"Please make sure you are interacting with the correct smart contract address when you transfer/trade WBETH outside of Binance’s platform. Anyone can create a token and name it with the same symbol on-chain. Please find the correct contract addresses on <ethscan>Etherscan</ethscan> and <bscscan>BscScan</bscscan>","cftoken-beth-content-9-sub-1":"Secondary markets may price WBETH differently from the underlying WBETH:ETH conversion ratio on Binance, which could mean that you lose/earn some cash value if you wrap and then arbitrage your WBETH on the market. Please take risk into consideration. Alternatively, when you would like to exit your WBETH position, you may redeem it for the underlying ETH for free on Binance.","cftoken-beth-title-1":"What is BETH, and how does it work?","cftoken-beth-title-2":"Will I keep receiving BETH staking rewards if I stake my BETH in other products or platforms?","cftoken-beth-title-4":"Why would I wrap BETH to get WBETH and how can I use WBETH?","cftoken-beth-content-6-sub-5":"If the user redeems their WBETH on that day, they would receive 10.09669596 ETH, which includes both their staked amount and the earned rewards.","cftoken-beth-title-7":"I do not see ETH staking rewards distributed to my Spot Wallet since I wrap BETH to WBETH. Why?","cftoken-beth-title-6":"Why do I get less WBETH for my 1 BETH?","cftoken-beth-title-9":"What is the additional risk for holding WBETH than BETH?","cftoken-beth-title-8":"Are there any charges for the wrapping process?","cftoken-faq-tab-title-2":"BETH","cftoken-faq-tab-title-1":"WBETH & ETH Staking","cftoken-beth-title-5":"Do I have to wrap my BETH into WBETH to keep receiving ETH staking rewards?","cftoken-redeem-beth-note-1":"After you successfully submit your BETH redeem request, your BETH will be frozen in your Spot Wallet, and you will not be able to receive rewards. The ETH amount you receive will be based on 1:1 ratio to the BETH you request for redemption.","cftoken-redeem-beth-note-3":"You can redeem your BETH back to ETH if your daily quota allows. Please note that if the daily quota is used up, you may not be able to redeem your BETH to ETH and will have to wait for the next time the quota is open again.","cftoken-redeem-wbeth-note-3":"You can redeem your WBETH back to ETH if your daily quota allows. Please note that if the daily quota is used up, you may not be able to redeem your WBETH to ETH and will have to wait for the next time the quota is open again.","cftoken-redeem-beth-note-2":"ETH Staking is designed on the Ethereum mainnet, where only a limited daily quantity of ETH can be redeemed. As there are daily limitations on the quantity of ETH that can be redeemed, there is a possibility that your redeem request could fail if the quota is occupied by others at the time.","cftoken-redeem-beth-note-4":"There will be a waiting period before you receive the related ETH quantity in your Spot Wallet and the frozen BETH is deducted.","cftoken-redeem-wbeth-note-1":"After you successfully submit your WBETH redeem request, your WBETH will be frozen in your Spot Wallet, and you will not be able to receive rewards. The ETH amount you receive will be based on the WBETH:ETH conversion ratio when you submit the redemption request.","cftoken-redeem-wbeth-note-4":"There will be a waiting period before you receive the related ETH quantity in your Spot Wallet and the frozen WBETH is deducted. Please consider the risk related to the value of both ETH and WBETH fluctuations.","cftoken-redemption-beth-description-1":"I understand that once I submit my redemption request, the amount of BETH to be redeemed will be locked for {{day}} days before I receive the redeemed ETH.","cftoken-redeem-wbeth-note-2":"ETH Staking is designed on the Ethereum mainnet, where only a limited daily quantity of ETH can be redeemed. As there are daily limitations on the quantity of ETH that can be redeemed, there is a possibility that your redeem request could fail if the quota is occupied by others at the time.","cftoken-redemption-beth-description-2":"I understand that the time required for redemption is due to the rate-limit design of ETH unstaking built into the Ethereum network; only a limited quantity of ETH can be unstaked daily.","cftoken-redemption-wbeth-description-3":"I understand that during the {{day}} day locked period, I am not able to transfer nor sell the locked WBETH, and I will not be entitled to ETH staking rewards from the locked WBETH.","cftoken-redemption-wbeth-description-2":"I understand that the time required for redemption is due to the rate-limit design of ETH unstaking built into the Ethereum network; only a limited quantity of ETH can be unstaked daily.","cftoken-redemption-wbeth-description-1":"I understand that once I submit my redemption request, the amount of WBETH to be redeemed will be locked for {{day}} days before I receive the redeemed ETH.","cftoken-stake-eth-note-1":"When your staking is successful, WBETH, a tokenized representation of your staked ETH will be distributed to your Spot Wallet using the official WBETH:ETH conversion ratio.","cftoken-seo-meta-desc":"Earn daily yield and maximize your staking! Stake ETH and receive WBETH as the tokenized representation of your staked ETH. Generate yield by holding WBETH or employ your WBETH in a variety of use cases. You can redeem WBETH for ETH at any time.","cftoken-seo-meta-title":"Ethereum Staking | Stake ETH & Get WBETH | Binance","cftoken-stake-eth-note-2":"Holding WBETH represents the staked ETH plus the staking rewards. WBETH does not grow in quantity over time but instead, grows in value. i.e. due to the accumulation of staking rewards, the value of 1 WBETH progressively exceeds that of 1 ETH.","cftoken-stake-eth-note-3":"Your WBETH will be still entitled to staking rewards even when it is used in other Binance products or external DeFi applications.","cftoken-stake-eth-note-4":"The WBETH:ETH conversion ratio is updated on a daily basis to reflect the value of WBETH versus ETH.","cftoken-redemption-beth-description-3":"I understand that during the {{day}} day locked period, I am not able to transfer nor sell the locked BETH, and I will not be entitled to ETH staking rewards from the locked BETH.","cftoken-stake-eth-note-6":"For redemption, please note that there may be a waiting period between when you submit a redemption request and when you receive the redeemed ETH. This is because ETH Staking is designed on the Ethereum mainnet, where only a limited daily quantity of ETH can be redeemed.","chain link":"Contract on : <link1>Ethereum</link1> | <link2>BNB Smart Chain</link2>","conversion-ratio":"Conversion Ratio","compounded-token-reward":"Compounded {{token}} Reward","copied":"Copied!","conversion-ratio-tips":"The ratio will be updated daily to reflect the rewards earned from the staked ETH. As ETH staking rewards accumulate, 1 WBETH gradually increases in value relative to 1 ETH.","easy-to-get-started":"Easy to get started","history-apr-modal-title":"Conversion Ratio and APR History","history-apr-modal-note":"APR displayed is calculated based on the yield generated on chain 2 days ago.","history-tvl-modal-note":"Total Value Staked is calculated based on ETH staked with active validator nodes of Binance on the Ethereum network, excluding ETH amount pending stake or redeem.","history-tvl-modal-title":"Total Value Staked History","min num":"Min. {{num}}","last days":"Last {{num}} days","my-holdings":"My Holdings","cftoken-stake-eth-note-5":"The ETH staking APR is dynamic, following the onchain Ethereum staking rewards. A {{percentage}} commission fee on the reward is charged to ensure the product is sustainable.","ratio":"ratio","redeem-project-not-enough":"The redemption quota is temporarily insufficient, please check again later.","redeem-global-limit":"The redemption quota is temporarily insufficient, please check again later.","no-wrap-record":"Wrapping does not diminish your staked ETH balance. Both your ETH and earned rewards can be reclaimed based on the applicable conversion ratio at redemption.","redeem successful":"Redeem Successful","redeem-amount":"Redeem Amount","redeem-personal-not-enough":"You have reached today’s personal redeem quota. Please try again tomorrow.","redemption-confirm3-description":"I understand that during the {{period}} day locked period, I am not able to transfer nor sell the locked {{token}}, and I will not be entitled to ETH 2.0 staking rewards from the locked {{token}}.","redemption-confirm1-description":"I understand that once I submit my redemption request, the amount of {{token}} to be redeemed will be locked for {{period}} days before I receive the redeemed ETH.","rewards-start-accruing":"Rewards Start Accruing","stake successful":"Stake Successful","reward-history":"{{token}} Reward History","no-stake-record":"When staking 1 ETH, you receive less than 1 WBETH because WBETH has higher value. WBETH’s value increases over time as staking rewards accrue after launch. Upon redemption, you will get back your initial ETH and earned rewards.","stake-step-desc-2":"Earn yield by holding WBETH or use your WBETH for a variety of <tips>use cases</tips>.","stake-step-desc-2-tooltips":"As ETH staking rewards accumulate, 1 WBETH gradually exceeds 1 ETH in value - currently at 1 WBETH ≈ {{ratio}} ETH","stake-step-desc-3":"Redeem WBETH for ETH.","tips-rewards-only-beth":"This indicates the past 30-day earning by holding BETH on Binance.","stake-step-desc-1":"Stake ETH, receive WBETH based on the daily conversion ratio.","stake-step-desc-3-tooltips":"Redemption quota and processing time may vary depending on the total number of requests on the Ethereum network.","stake-step-title-1":"Stake ETH","stake-step-title-2":"Earn Daily Rewards","stake-token-now":"Stake {{token}} now","stake-step-title-3":"Flexibility to Redeem ETH","system-general-error":"ETH Staking service is unavailable, please try again.","thirty-day-rewards":"30-Day Rewards","tips-accrued-within-wbeth":"{{amount}} ETH accrued within WBETH","tips-holding-only-beth":"The balance includes your current BETH holding across wallets.","tips-distributed-beth-spot":"{{amount}} BETH distributed to your Spot Wallet","stake token":"Stake {{token}}","tips-token-ratio":"{{from_amount}} {{from_token}} in the form of {{to_amount}} {{to_token}}","tips-rewards-only-wbeth":"This indicates the past 30-day earning by holding WBETH on Binance.","tips-rewards-only-wbeth-note-1":"Holding WBETH represents the staked ETH plus the staking rewards. WBETH does not grow in quantity over time but instead, grows in value. i.e. due to the accumulation of staking rewards, the value of 1 WBETH progressively exceeds that of 1 ETH.","tips-rewards-tips-note-2":"Holding BETH in your Spot Wallet, the corresponding staking rewards are distributed in BETH to your Spot Wallet.","tips-rewards-tips-note-1":"Holding WBETH represents the staked ETH plus the staking rewards. WBETH does not grow in quantity over time but instead, grows in value. i.e. due to the accumulation of staking rewards, the value of 1 WBETH progressively exceeds that of 1 ETH.","token-redemption":"Redemption {{token}}","tips-with-both-dual-reward":"This indicates the past 30-day earning by holding WBETH and BETH on Binance.","tips-with-only-beth":"The balance includes your current BETH holding across wallets.","tips-with-both-dual":"The balance includes your current BETH and WBETH holding across wallets and loan collateral accounts.","tips-with-only-weth":"The balance includes your current WBETH holding across wallets and loan collateral accounts.","token will be distributed to your":"{{token}} will be distributed to your Spot Wallet.","tips-without-staking":"The balance includes your current WBETH holding across wallets and loan collateral accounts.","token balance":"{{token}} balance","tips-rewards-only-beth-note-1":"Holding BETH in your Spot Wallet, the corresponding staking rewards are distributed in BETH to your Spot Wallet.","wrap-into-wbeth":"Wrap into WBETH","wrap-beth":"Wrap BETH","wbeth to spot wallet":"WBETH will be distributed to your Spot Wallet.","redeem-beth-product-rule-1":"After you successfully submit your BETH redeem request, your BETH will be frozen in your Spot Wallet, and you will not be able to receive rewards.","redeem-beth-product-rule-2":"The ETH amount you receive will be based on 1:1 ratio to the BETH you request for redemption.","redeem-wbeth-product-rule-1":"After you successfully submit your WBETH redeem request, your WBETH will be frozen in your Spot Wallet, and you will not be able to receive rewards.","redeem-wbeth-product-rule-2":"The ETH amount you receive will be based on the WBETH:ETH conversion ratio when you submit the redemption request.","redeem-beth-product-rule-4":"After the frozen BETH is deducted, you will need to wait for {{ redemptionDelayPeriod }} days. The redeemed ETH will then be deposited into your spot wallet.","redeem-beth-product-rule-3":"ETH Staking is designed on the Ethereum mainnet, where only a limited daily quantity of ETH can be redeemed. You can redeem your BETH back to ETH if the daily quota allows. Please note that if the daily quota is used up, you may not be able to redeem your BETH to ETH and will have to wait for the next time the quota is open again.","Staking":"Staking","stake-eth-product-rule-3":"You can redeem WBETH for ETH based on the WBETH:ETH conversion ratio at redemption. Please note that there may be quota restrictions and a waiting period between when you submit a redemption request and when you receive the redeemed ETH. This is because ETH Staking is designed on the Ethereum mainnet, where only a limited daily quantity of ETH can be redeemed.","stake-eth-product-rule-2":"WBETH represents the staked ETH plus the staking rewards. Due to the accumulation of staking rewards, the value of 1 WBETH progressively exceeds that of 1 ETH. The WBETH:ETH conversion ratio is updated on a daily basis to reflect the reward accrued and value of WBETH versus ETH. The ETH staking APR is dynamic, following the onchain Ethereum staking rewards. A {{percentage}} commission fee on the reward is charged to ensure the product is sustainable.","stake-eth-product-rule-4":"Your WBETH will be still entitled to staking rewards even when it is used in other Binance products or external DeFi applications.","stake-eth-product-rule-1":"When your staking is successful, WBETH, a tokenized representation of your staked ETH will be distributed to your Spot Wallet. The WBETH amount you receive is based on the official WBETH:ETH conversion ratio.","margin-ad-subtitle":"Use as collateral in Portfolio Margin for margin/futures trading","promotion-balance-banner-eth-title":"Join the Ethereum Ecosystem and Earn Daily Yield","Wrap Now":"Wrap Now","promotion-balance-banner-beth-subtitle":"Wrap into WBETH to explore more use cases for your staked ETH and yield opportunities.","redeem-wbeth-product-rule-3":"ETH Staking is designed on the Ethereum mainnet, where only a limited daily quantity of ETH can be redeemed. You can redeem your WBETH back to ETH if the daily quota allows. Please note that if the daily quota is used up, you may not be able to redeem your WBETH to ETH and will have to wait for the next time the quota is open again.","ETH amount to receive":"ETH amount to receive","redeem-wbeth-product-rule-4":"After the frozen WBETH is deducted, you will need to wait for {{ redemptionDelayPeriod }} days. The redeemed ETH will then be deposited into your spot wallet. Please be aware of the risk of value fluctuation between ETH and WBETH.","Redemption Quota":"Redemption Quota","Processing Time":"Processing Time","Rewards and Value of WBETH":"Rewards and Value of WBETH","Rewards":"Rewards","Withdrawing WBETH to external platforms":"Withdrawing WBETH to external platforms","no-eth-stake-record":"When staking 1 ETH, you receive less than 1 WBETH because WBETH has higher value. WBETH’s value increases over time as staking rewards accrue after launch. Upon redemption, you will get back your initial ETH and earned rewards.","no-beth-stake-record":"When wrapping 1 BETH, you receive less than 1 WBETH because WBETH has higher value. WBETH’s value increases over time as staking rewards accrue after launch. Upon redemption, you will get back your initial ETH and earned rewards.","Redemption":"Redemption","view-your-token-rewards-history":"View Your {{ token }} Reward History","compounded-eth-reward":"The amount is an estimation based on your WBETH balance and the conversion ratio change between days, rounded off to 8 decimal places.","Compounded rewards over a selected period":"Compounded rewards over a selected period","get-wbeth":"Get WBETH","Slowmist":"SlowMist","my-staked-eth":"My Staked ETH","Go to Earn Wallet":"Go to Earn Wallet","Go to Earn History":"Go to Earn History","redemptions-in-progress":"You currently have {{total}} redemptions in progress.","Peckshield":"Peckshield","Supremacy":"Supremacy","Ethereum":"Ethereum","BNB Smart Chain":"BNB Smart Chain","wbeth-on-chain-contract":"WBETH On-Chain Contract","WBETH Audit Report":"WBETH Audit Report","wbeth-use-cases":"WBETH use cases","learn-more-about-wbeth":"Learn more about WBETH","Margin & Futures Trading":"Margin & Futures Trading","Campaign entry to earn airdrop rewards":"Campaign entry to earn airdrop rewards","faq-receive-content":"You will receive Wrapped Beacon ETH (WBETH) when you stake ETH via Binance. WBETH is a utility token that represents your staked ETH, in a tradable and transferable form.","wbeth-rewards-and-conversion-ratio":"WBETH rewards and conversion ratio","wbeth-use-cases-content":"Native staking would have your ETH locked, which means you cannot use them for other purposes. In contrast, WBETH provides flexibility to sell, transfer, or use the staked ETH position. You can even move WBETH to a personal wallet and use it outside the Binance platform whilst still earning rewards.","wbeth-rewards-and-conversion-ratio-content":"Each WBETH represents 1 staked ETH plus the accumulated staking rewards since 2023-04-27 08:00 (UTC). Over time, as ETH Staking rewards accumulate, the value of 1 WBETH progressively exceeds that of 1 ETH. The ratio is updated daily at 00:00 UTC to reflect the accrued rewards - currently at :","cftoken-redemption-not-enough-v2":"The amount is higher than the available balance.","Product Rules":"Product Rules","reward-wbeth-balance-tooltips":"The ETH equivalent amount is an estimation based on your WBETH balance and the updated conversion ratio. It is rounded off to 8 decimal places and excludes any amounts currently under redemption.","cftoken-receive":"Receive","cftoken-confirm-title-v2":"I confirm that I have read and accept the following terms:","cftoken-confirm5-description":"When I trade or transfer WBETH to someone else, they can redeem it for ETH.","go-to-earn-wallet":"Go to Earn Wallet","go-to-spot-wallet":"Go to Spot Wallet","Go to Wallet":"Go to Wallet","i-have-read-and-agreed-to-eth-staking-and-sharia":"I have read and agreed to <link1>ETH Staking Service Terms and Conditions</link1> and <link2>Sharia Earn terms of use</link2>."}