The Ethereum network’s highly anticipated Shanghai upgrade is set to go live, unlocking a pivotal new phase for ETH2.0—withdrawal functionality for staked ETH. This marks a transformative moment for the Ethereum ecosystem, allowing users who have participated in staking to redeem their assets freely. In preparation, OKX has announced comprehensive support for ETH2.0 withdrawals and introduced significant enhancements to its BETH product suite, reinforcing its position as a leader in accessible, user-friendly staking solutions.
With zero commission and no hidden fees, OKX continues to innovate by expanding the utility of BETH, offering users greater flexibility, enhanced yield opportunities, and seamless access to staked assets post-upgrade.
What Is BETH and How Does It Work?
BETH (Beacon ETH) is a token issued by OKX that represents staked ETH on the Ethereum 2.0 beacon chain. When users stake their ETH through OKX’s platform, they receive BETH at a 1:1 ratio. Each BETH token accrues daily staking rewards directly from the Ethereum protocol, allowing holders to earn passive income while maintaining liquidity through OKX’s integrated financial products.
Unlike traditional staking platforms that lock funds indefinitely, OKX’s BETH model ensures users benefit from continuous yield generation and expanded usage across trading and lending services—even before official withdrawal capabilities go live on Ethereum.
👉 Discover how zero-fee ETH staking with BETH can boost your crypto returns today.
Key Features of OKX ETH2.0 Staking and BETH
1. Zero-Commission ETH2.0 Staking
At OKX, users can stake ETH with complete transparency—no commission, no staking fees. The entire chain-generated reward is passed directly to the user. Powered by professional node operations running 24/7, OKX ensures high availability and security for all staked assets.
This fee-free model lowers the barrier to entry for retail investors while maximizing net returns—a rare advantage in the competitive staking landscape.
2. 1:1 BETH Redemption Post-Shanghai Upgrade
Following the successful activation of the Shanghai upgrade, OKX will enable full redemption of BETH back into ETH at a 1:1 exchange rate. This means users can seamlessly convert their BETH holdings into liquid ETH directly within the platform.
This feature aligns perfectly with Ethereum’s vision of full withdrawability, giving users full control over their capital while preserving the ability to re-stake or trade at will.
3. BETH Supported in Cross-Margin Trading
To enhance trading flexibility and reduce margin requirements, OKX has integrated BETH into its cross-margin account system. As of March 2023, BETH is eligible as collateral with an optimized discount rate, improving buying power and lowering liquidation risks.
Traders can now use BETH to open leveraged positions across multiple cryptocurrencies, effectively turning staking rewards into active trading capital without needing to unstake first.
4. BETH as Collateral in Flexible Savings Loans
In another move to increase capital efficiency, OKX added BETH as a supported collateral asset in its flexible lending program as of March 22, 2023. Users can deposit BETH to borrow various fiat-backed stablecoins or other digital assets instantly, without breaking their staking position.
This creates a powerful dual-income strategy: earn staking yields on BETH and utilize its value for borrowing—ideal for traders, investors, and DeFi enthusiasts seeking non-custodial financial freedom.
Frequently Asked Questions (FAQ)
Q: What happens to my BETH after the Shanghai upgrade?
A: After the Shanghai upgrade, you can redeem your BETH for ETH at a 1:1 ratio directly on OKX. There are no additional steps required—just initiate the conversion through the ETH2.0 staking interface.
Q: Does OKX charge any fees for staking ETH or converting BETH?
A: No. OKX offers zero-commission ETH staking and free BETH-to-ETH conversion. You keep 100% of your staking rewards.
Q: Can I still earn rewards if I use BETH for margin trading or loans?
A: Yes! Unlike native staking where funds are locked, using BETH as collateral doesn’t interrupt your daily yield accrual. You continue earning staking rewards even while leveraging your position.
Q: Is BETH the same as stETH or other liquid staking tokens?
A: While similar in concept, BETH is issued exclusively by OKX and backed 1:1 by real staked ETH under its custody. It's designed specifically for integration within OKX’s ecosystem, offering seamless conversion and product compatibility.
Q: When will the BETH redemption feature go live?
A: Redemption will be enabled shortly after the Ethereum Shanghai hard fork completes and withdrawal functionality is activated on-chain. Users should monitor official OKX announcements for exact timing.
Maximizing Your Crypto Potential with BETH
The evolution of ETH2.0 has shifted staking from a long-term lock-up into a dynamic component of modern crypto finance. With BETH, OKX bridges the gap between passive income and active asset management.
Imagine earning consistent yields on your ETH while simultaneously using it as collateral for trades or loans—all without paying fees or sacrificing security. That’s the reality OKX delivers.
For example:
- A user stakes 10 ETH and receives 10 BETH.
- They earn ~4% APY in staking rewards (paid daily in BETH).
- Simultaneously, they use 8 BETH as collateral to open a leveraged BTC position.
- Or, they borrow USDT against their BETH to invest elsewhere.
- After months of compounding gains, they redeem BETH back to ETH when market conditions are favorable.
This level of flexibility was previously only available in decentralized protocols with higher technical barriers and smart contract risks. OKX brings these benefits to centralized exchange users with institutional-grade reliability.
👉 Start earning yield on your ETH today with zero-fee staking—no hidden costs, just pure returns.
Looking Ahead: More Utility, More Opportunities
OKX remains committed to expanding the utility of staked assets. Beyond current features, expect deeper integration of BETH across spot trading, derivatives, savings products, and potential future airdrops or incentive campaigns.
As Ethereum continues evolving toward greater scalability and usability, platforms like OKX ensure users aren’t just observers—but active participants benefiting from every upgrade.
Whether you're a long-term HODLer, yield chaser, or active trader, BETH transforms static holdings into productive capital.
Final Thoughts
The Shanghai upgrade isn’t just a technical milestone—it’s a gateway to financial freedom within the Ethereum ecosystem. And with OKX’s robust infrastructure, zero-fee model, and innovative BETH product suite, users are better positioned than ever to take advantage of this new era.
By combining security, simplicity, and advanced financial tools, OKX sets a new standard for accessible crypto staking.
Don’t miss out on turning your idle ETH into a powerful income-generating asset.
👉 Unlock the full potential of your crypto—start staking with zero fees and maximum flexibility now.
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