Centralised exchanges (CEX’s) provide staking services with intuitive user interfaces if you are not yet comfortable holding ETH in your own wallet. It is easily accessible and requires little effort and oversight. We strongly encourage staking with a more decentralised option like RocketPool, we made an easy-to-use tutorial here. However, we understand that you may have zero experience with using wallets and interacting with decentralised applications. It is okay if you don’t feel comfortable using a self-custodial wallet and prefer to use a centralised exchange. However, we always encourage you to support decentralisation and learn how to use the other options that support the decentralisation of Ethereum. Follow the steps below to learn how to Stake ETH with Binance:

      Step 1: Open up Binance

      Step 2: Click the Earn tab

      Step 3: Select ETH 2.0

      Step 4: Click Stake Now

      Step 5: Decide how much you want to stake

      Step 6: Accept the Terms and Conditions

      Step 7: Click confirm


      Note: 

      • You will receive a token called ‘BETH’ (Binance ETH), BETH is a tokenized version of staked ETH on Binance.
      • All you need to do is hold this token in your Binance wallet and the rewards will be paid out daily
      • To see more information on Binance Staking options, view their profile on Staking Rewards here

      About The Author

      Kilian Boshoff

      is purpose-driven, he loves researching and figuring out how technology can drive change in the world we live in. He is an avid crypto trader and spends his free time deep-diving into different projects on his YouTube channel. Kilian is currently on a mission to pioneer the institutional adoption of digital assets in his home country, South Africa.