Crypto Exchange Binance Announces Support For Staked ETH Withdrawals
crypto Ethereum Crypto Exchange Binance Announces Support For Staked ETH Withdrawals Balita ng Ethereum ng Bitcoin 54 segundo ang nakalipas | 2 mins basahin Binance will hold off processing withdrawal requests for staked ETH for a week. The exchange intends to implement a daily ETH redemption cap for each user. The biggest cryptocurrency exchange, Binance, announced on Friday that it would process staked Ethereum withdrawals and is ready to support the next Ethereum Shanghai and Capella (Shapella) upgrades. Withdrawals of staked ETH from the cryptocurrency exchange, however, will be postponed for a week after the April 12 Shanghai upgrade to the mainnet. After the successful Shapella update, Binance will begin ETH staking withdrawals through the ETH 2.0 Staking page, as per a March 17 release. This implies that Binance will hold off on processing withdrawal requests for staked ETH for a week. On the ETH 2.0 Staking page, staking participants may exchange their BETH for ETH at a rate of 1:1. With the April 12 Shapella update, users have the option of continuing to stake their ETH or even staking additional ETH in order to gain BETH rewards. Redemption Cap For Each User When the Shanghai and Capella (Shapella) update has been implemented successfully, a second notice will inform users