It seems like staking ETH on BlockFi for a 5% APY is pretty straightforward.
I looked into Binance and the descriptions are a bit confusing
- You will be able to redeem your staked ETH when the first phase of ETH 2.0 is complete, which could take up to 24 months.
Why is ETH2.0 locked for 24 months when you have the options for 30, 60 or 90 days of locked staking for any other altcoins? And I have a few ETH but Binance only let's me stake 0.01 ETH or so. Why is that?
Why will it be distributed as BETH at the end of the cycle? None of this makes sense. Please someone help me to understand it
Thanks
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