Binance Flexible Loan Adds BETH as Collateral Asset With ETH Staking Rewards
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Binance is pleased to announce that users can now use BETH as collateral on Binance Flexible Loan while receiving ETH Staking rewards. ETH Staking rewards will be distributed in the form of BETH to users’ Spot Wallets daily.
Since Binance Flexible Loan uses users’ Simple Earn Flexible Product assets as collateral, Binance Simple Earn will also add BETH to the list of supported assets on Simple Earn Flexible Products. Please note that there will be no Real-Time APR rewards for BETH on Simple Earn Flexible Products, as users will continue to accrue ETH Staking rewards with their BETH Flexible Product subscriptions.
Please refer to Loan Data for the latest interest rates and a full list of loanable and collateral assets.
BETH is a tokenized asset representing staked ETH on a 1:1 basis. For more information, please visit here.
Visit the Binance Flexible Loan or Simple Earn Flexible Product FAQs to learn more.
Terms and conditions for Binance Flexible Loan and Simple Earn apply.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.