Why BETH?

[MarkRoberts]

Binance introduced BETH to counter the effects of Ethereum network upgrade, as discussed above. The introduction of BETH established a unique ability for users to transition between ETH and BETH upon Binance ETH staking. The main goal of this interphase is to allow users to use the staked ETH on Binance, ensuring no loss of coins even during the technical upgrade of the Ethereum network.