Binance — Ethereum Staking Provider Profile
Binance is the world's largest crypto exchange by volume, offering ETH staking through its BETH liquid staking token.
Overview
Binance's staking service converts ETH to BETH (Binance ETH) at a 1:1 ratio. BETH earns daily staking distributions and can be traded on Binance's spot market. As the world's largest exchange, Binance has significant validator infrastructure but operates primarily from offshore jurisdictions, which introduces regulatory risk for some users.
Validators & Performance
Binance validators maintain above-average attestation effectiveness. The centralized operation allows quick response to client updates. However, their concentration in offshore data centers and the exchange's past regulatory scrutiny across multiple jurisdictions are important considerations.
| Metric | Value |
|---|---|
| Active Validators | 62,000+ |
| Network Share | 6.1% |
| Estimated APY | 3.0% |
| Minimum Stake | 0.001 ETH |
| Commission Fee | 10% |
| Founded | 2017 |
| Staking Type | Custodial Exchange |
How to Stake with Binance
- Log in to your Binance account
- Complete KYC verification
- Go to Finance → Staking → ETH 2.0 Staking
- Enter the amount of ETH to stake
- Confirm to receive BETH tokens
- View daily reward distributions in your account