OKEx Launches ETH2.0 Staking Mining Service: Key Features and Benefits

Introduction
OKEx is proud to announce the launch of its ETH2.0 Staking Mining Service on December 14 at 16:00 (HKT). This initiative supports Ethereum 2.0 validation node staking while addressing liquidity challenges in staking mining. Users can now stake ETH seamlessly and receive BETH (Beacon ETH) at a 1:1 ratio, with daily mining rewards distributed automatically.

Why Choose OKEx for ETH2.0 Staking?

Zero Node Costs: OKEx covers all ETH2.0 node setup expenses.
Full Chain Rewards: All on-chain rewards are distributed transparently.
Slash Risk Protection: OKEx assumes the risk of on-chain penalties (Slash).
Bonus USDT Rewards: Earn additional USDT incentives alongside mining yields.

How ETH2.0 Staking Works

Key Rules

Staking Ratio: 1 ETH = 1 BETH.
Estimated APY: 6%–20% (varies based on on-chain performance).
Reward Distribution: Daily at 11:00 (HKT), starting T+1.
Minimum Stake: 0.1 ETH.
Lock-Up Period: Funds are locked for ~2 years (per ETH2.0 protocol).

👉 Start staking ETH now

USDT Reward Program

Pool: $100,000 in USDT (distributed proportionally based on individual stakes).
Eligibility: Complete KYC2.
Period: December 17–31, 2020 (HKT).
Distribution Date: January 6 (HKT).

How to Participate

Web: Navigate to Finance Services > Earn, select ETH staking.
App: Access Earn via homepage, choose ETH to stake.

What Is BETH?

BETH is OKEx’s liquidity solution for ETH2.0 staking. It serves as the 1:1 redemption token for ETH once ETH2.0 upgrades are complete.

FAQs

1. Can I unstake my ETH early?

No. Staked ETH is locked for ~2 years due to ETH2.0’s protocol design.

2. How are rewards calculated?

APY depends on on-chain staking volume and duration. Rewards are paid in BETH.

3. Is BETH tradable?

OKEx may list BETH for trading based on staking demand.

4. What happens if a node is penalized (Slash)?

OKEx absorbs the penalty risk, ensuring your rewards remain unaffected.

👉 Learn more about ETH2.0 staking

Conclusion
OKEx’s ETH2.0 staking service combines security, liquidity solutions, and bonus rewards—making it the ideal platform for Ethereum enthusiasts. Stake today to maximize your crypto portfolio’s potential!

OKEx Team
December 14, 2020 (HKT)