bithumb

Introduction and Precautions

• Ethereum 2.0 Staking service will follow the official operation policies by Ethereum foundation.
• User who agrees and completes the stake ETH, cannot withdraw or terminate ETH staking before the completion of Ethereum 2.0 system phase 1.
• Estimated time for ETH 2.0 completion may take about 2 years from the starting date of this service.
  Depends on vary circumstances, completion can be postponed or terminated early.
• Applied ETH quantity will be locked up at 00:00 on announced date.
• BETH will be distributed with 1:1 ratio within 3 months at the start of the application and it is based on the number of ETH users actually stakes.
• Rewards will be distributed in BETH on two or three-monthly basis and it will be calculated by the rate of APY(%).
• The method and date of rewards distribution follows the announcement and is subject to change.
• Distributed BETH cannot be externally deposited or witdrawn due to BETH is not the vertual asset that allows the transction between other wallets.
• The transaction of distributed BETH is currently not available. We will make a separate announcement regarding this matter after an internal review.
• Even if the transaction of distributed BETH become available, external deposit or withdrawal will not be allowed until ethereum 2.0 development completed.
• Bithumb is not responsible for any losses or penalties related to the service regarding system malfunction or others.
• Please check more details and inquiries on the Ethereum official website. (https://ethereum.org/eth2/)
• Bithumb introduces the Ethereum staking service following operation policies by Ethereum foundation and supports users earning rewards.
  Bithumb is not responsible for any changes of policies or others that caused by ethereum foundation while ETH staking is on active.