Dear BIT Users,
LsETH is now available on “Convert”, where you can seamlessly convert LsETH to ETH or any preferred tokens with 0 fees.
What is LsETH?
LsETH, or Liquid Staked ETH, is a token generated when Ethereum (ETH) is staked through Liquid Collective’s liquid staking protocol. It serves as a receipt token for staked ETH, representing ownership of the staked ETH and any accrued network rewards, minus fees or penalties.
Earn network rewards while holding LsETH. It's that simple. Rewards received accrue daily and are automatically staked to maximize efficiency.
LsETH features:
Auto-staked rewards
Built-in slashing coverage
Secure and transparent
Diversified node operators
What are the benefits of LsETH with BIT?
Trade like a regular Token
Trade, convert, hold, or transfer LsETH just like any other token.Enjoy auto-staking
Earn ETH network rewards daily simply by holding LsETH on BIT. Rewards are automatically staked for as long as you hold LsETH, offering a seamless staking experience.Daily Rewards Accrual
Convert with 0 Trading Fee
About Liquid Collective
Liquid Collective is the trusted and secure staking standard: designed to meet the needs of enterprises, built and supported by a broad and dispersed collective of industry leaders.
To learn more about LsETH, click here.
Risk warning
Trading in cryptocurrencies comes with high risk due to price volatility. Please make sure you understand all the related risks of cryptocurrency trading, be prudent in your decisions, and trade cautiously. BIT will not be responsible for your trading losses.
Here at BIT, we strive to provide you with the best trading experience.
Download APP now.
Thank you for your support!
BIT Team
September 10, 2024
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