OKX Earn enables redemption for ETH2.0 Staking

Published on Apr 13, 2023Updated on Apr 4, 20242 min read

Dear OKX users,

Starting from 4:00 PM (UTC+8) on April 18th, 2023, OKX Earn will officially support the redemption of ETH2.0 staking. To redeem your BETH holdings into ETH at a 1:1 ratio, simply visit OKX ETH2.0 staking page

Points to note

  • Once you submit an ETH redemption request, it can't be canceled
  • The BETH redeemed will not generate any ETH2.0 staking rewards
  • All exchange requests submitted within 24 hours starting from 4:00 PM (UTC+8) each day will be merged into one application and processed the following day
  • It may take between 13 days to several weeks for the initial redemption to be completed. The exact processing time for staking withdrawal requests depends on the number of users redeeming their ETH2.0 staking rewards and the status of the Ethereum network
  • Before submitting your application, the expected redemption time for ETH will be displayed on the redemption application page
  • Once your redemption application is processed, the ETH that was used for ETH2.0 staking will be returned to your Funding account

    OKX Earn is hosting an exclusive airdrop event for ETH2.0 staking, and you can participate by visiting the OKX ETH2.0 staking page. We'll continue to bring you high-quality products and services!

    Apr 13, 2023