Is Binance ETH staking (BETH) a Scam? Rated F

Project Safety Score: 10%

Updated 3 weeks, 3 days ago

Binance ETH stakingBETH

24hr Volume$5133

24hr Change-1.9%

Price$2510.21

Coverage: 5 buckets · 60% resolved

Concerns raised - see Red Flags below

Scoring rubric: Smart-Contract Token - scored on contract safety, liquidity, holders, team, social

Contract
Mechanics

5 F ⚠

20% · medium

Holder
Distribution

-

0% · low

Liquidity
& Market

0 F ⚠

67% · medium

Social
Behavioral

25 D

33% · low

Team
Credibility

-

0% · low

Community Rating

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⚠️ Risky

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BETH Binance ETH staking Details

Project Website

ethereum.org/en/eth2/beacon-chain/

Socials

Tags

BNB Chain EcosystemLiquid Staking TokensLiquid Staking

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.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

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