Simply put, BETH Token refers to staked ETH on Binance. BETH in Binance will enable Ethereum staking on Binance during the upgrade of the Ethereum to ETH 2.0. This upgrade will happen in 3 distinct phases, in a total of two years. During this upgrade, staked ETH on Binance will assume the form of BETH Token, which will become redeemable upon the completion of Ethereum network upgrade.
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