Binance Beacon ETH (BETH) is currently priced at $2,206.00 USD. The price has decreased 0.04% in the last 24 hours. Fully diluted valuation: $9,791,776.985. Total supply is 4,438.699 BETH.
BETH is a tokenized asset representing Binance user's staked ETH at a 1:1 ratio, with Binance distributing staking benefits in the form of BETH on a daily basis. During the lock-up period, which may take 2 years or even longer, users will not be able to redeem their ETH. As such, Binance have launched the BETH/ETH trading pair as our solution to this liquidity problem. When ETH 2.0 goes live, users will be able to swap their ETH back based on their BETH holdings.