The world's largest crypto exchange has also reportedly faced a slew of legal and regulatory probes, which includes investigations from the SEC and the Justice Department. @Luigi I need that binance peg eth amount in ethereum network eth, is it possible? Another drawback is that liquid staked assets may not be able to be redeemed for their underlying assets in case of a bankruptcy. Head to consensus.coindesk.com to register and buy your pass now. The easiest, cheapest, and fastest way to sell your bitcoin and other supported assets into your local currency is Binance Buy & Sell. If a tool (such as Metamask) has been designed to utilize Ethereum chain with Ethers, the same tool can be used to manage BSC by just changing the address Metamask connects to. If you want to send all of your ETH to Trust Wallet, click MAX. . You must complete the existing order before placing a new order. Most of us aim to accumulate as many bitcoin as possible, but there are times when you need or want to sell your holdings. Sign up for The Node, our daily newsletter bringing you the biggest crypto news and ideas. Voyager creditors themselves had until 4 p.m. Navigate to Binance.com and login with your Binance account. Next, launch the Metamask extension on your browser by clicking on the Metamask logo then enter the correct account password to unlock your wallet. Liquid Staking Derivative examples: ankrETH. Please guide in moving Binance Peg ETH to ETH wallet Related Topics Binance Crypto comments sorted by Best Top New Controversial Q&A Add a Comment More posts you may like. You can sell your cryptocurrencies using this link: https://www.binance.com/en/buy-sell-crypto?type=SELL. Is there any other way to do this? Note that Metamask is just one example here, lots of other similar tooling. Step 2: Launch Metamask and unlock your wallet. Under the Proof-of-Stake mechanism, by dedicating native tokens you have/bought, you are helping to protect the blockchain, which strengthens it. Tap the Buy & Sell button on the bottom of your screen. How Ethereum's evolution impacts crypto markets. Making statements based on opinion; back them up with references or personal experience. Essentially, this means that more than $1 billion worth of the crypto, known as B-peg USDC, were left uncollateralized despite Binance's claims that they were 100% backed, the report reads. This is confusing me a lot. Note: If you intend to hold Binance-Peg ETH on your Metamask wallet, transfer ETH only using the BNB Smart Chain (BEP20) network. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. To get native ETH back on your Metamask wallet, simplytransfer ETH from Binance to your Metamask walletusing the Ethereum (ERC20) network and thats it. CoinDesk journalists are not allowed to purchase stock outright in DCG. https://www.youtube.com/watch?v=8elk26ePqM0, The open-source game engine youve been waiting for: Godot (Ep. For instance, TrueUSD [TUSD] garnered immense gains as well as popularity In the top left corner of the screen, tap the profile icon and switch to Lite. In this article, we will focus on selling and withdrawing money via credit or debit card and bank transfer. The most popular exchange to buy and trade Binance-Peg XRP is PancakeSwap (v2), where the most active trading pair XRP/WBNB has a trading volume of $433,199 in the last 24 hours. The latest moves in crypto markets, in context. Once the BSC network is added and selected on your wallet, you can add the Binance-Pegged ETH token to your wallet by importing the token using the contract address you copied earlier. For instance, a USD-pegged stablecoin is supposed to be worth $1. Heres Where And How To Buy Them. See Binance Dex AWC Trading Guide for more details. But I did not receive that fund in metamask eth wallet. Bitcoin Price Binance Coin Price C+Charge Price Dogecoin Price Ethereum Price Fight Out Price Meta Masters Guild Price Ripple Price RobotEra Price Shiba Inu Price NFTs Buy NFTs By clicking Accept all cookies, you agree Stack Exchange can store cookies on your device and disclose information in accordance with our Cookie Policy. *The available payment methods might differ based on your region. This means that it's ERC-20 LINK wrapped as a BEP-20 token on BSC. You can sell cryptocurrency from the Binance P2P website in just a few clicks. I think Metamask can show this. The regulator also cited media reports that Binance is bracing itself to pay penalties for past infractions of money laundering and corruption law as evidence that the deal could become "unfeasible" and impossible to consummate.". If you want to learn how to sell via P2P, read the Binance P2P FAQ. Rocket Pool charges a fee of 5% to 25% of staking rewards which is paid directly to the node operators. Rocket Pool is a popular liquid staking provider that is often compared to Lido. Hi, I was supposed to add some fund in metamask eth wallet, i had fund(bsc) in trust wallet, was trying to convert it to eth so that i could send to metamask. The biggest crypto news and ideas of the day. Lido DAO is one of the most popular and best liquid staking protocols. Chances are, its HODL. If you dont have a Binance account. 1. The price of Binance-Peg EOS (EOS) is $1.15 today with a 24-hour trading volume of $57,979.16. Then the only true way to convert these Binance pegged tokens into real tokens on Ethereum network is to use the Binance bridge? 3. Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. To date, more than 150 thousand users participate in the Lido liquid staking. 5 Most Popular NFT Coins & How to Buy Them. If youre withdrawing fiat for the first time, youll be required to link your debit/credit card or bank account, depending on the withdrawal method you chose in the previous step. "Processes for managing our collateral wallets have been fixed on a longer-term basis and this is verifiable on-chain.". In such a scenario, the liquid staked asset is essentially worthless which is why it is so important to assess for yourself if the risk is worth the reward. In the case of Exodus, it won't show BSC ETH in its ETH wallet, it only shows actual ETH. Then you can choose the amount. 3. For now, Coinbase only supports ETH on the Ethereum and Polygon networks. If you use Uniswap, it doesn't support BSC, right? The Binance-Peg ETH token is a representation of Ethereum on the BNB Chain Binance Beacon Chain and the Binance Smart Chain. Step 1: Copy the contract address for Binance-Peg ETH. Paste the wallet address in the correct field on the next page and select[BNB Smart Chain (BEP20)]as the network to be used for the transaction. Please note that you cannot place more than two ongoing orders at the same time. XYO Price Prediction! But using bscscan it shows it's not 0. Powered by Discourse, best viewed with JavaScript enabled, Binance peg ETH received in BSC network in metamask, Ensure that you are on the Binance Smart Chain Network, In the search field, enter the BSC contract address for Laika - 0x2a49De60cc6204c3AFC3e770FDB30A0554147519, Import and select Laika from the dropdown menu, Enter the amount of Laika you wish to swap, Review the swap information and click on Confirm, You will be prompted to switch to the Ethereum network, confirm the switch, Click on Withdraw on Ethereum Chain once again. Once you obtain your preferred fiat currency, navigate back to the Fiat and Spot wallet and click Withdraw. Click, 4. Log in to your Now, you need to paste the ETH address that you have copied in Step 1. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. If you havent added the Binance Smart Chain to your Metamask wallet, we have a good tutorial onhow to add BSC to Metamask easilyon both the extension and mobile app. you push on the select a token button, then a popup will appear where you put the contract number, and the Laika token will appear to choose, you import it and then it goes back to the original window where now it will say Laika, and your Laika tokens should appear there if your wallet is connected. Fast and secure decentralized digital asset exchange, Bringing blockchain broadcasts to you live, Verified user credentials for the Web3 era, Perpetual or Quarterly Contracts settled in USDT or BUSD, Perpetual or Quarterly Contracts settled in Cryptocurrency, Enjoy increased leverage without risk of liquidation, Exclusive ranking for Binance traders, follow top traders' strategies, View our full range of crypto-derivative instruments, Learn how you could practice responsible trading with Binance Futures, Expand your knowledge and get the latest insights in Derivatives Trading, VIP Exclusive, Tailor-made Institutional Grade Services, Commit your crypto holdings and enjoy high returns, Mine more rewards by connecting to the pool, Get an instant loan secured by crypto assets, Premium digital asset solutions for institutions, Connect and grow with Binance liquidity solutions, Discover various asset management solutions, One-stop station made for VIP and institutions, Secure digital assets with leading infrastructure, Bespoke institutional loan with wide coverage, How to Sell Cryptocurrency on Binance P2P Website. The transformation of value in the digital age. Learn more about Consensus 2023, CoinDesks longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. 2023 Crypto Predictions: Depot Update, Mindset with Andreas Beck and Rainer Zitelmann, Bitcoin and More, Discovering the Perfect Entry Point Into Bitcoin, Ethereum, ATOM, and IMX (Immutable X) Short Trading, CELSIUS NETWORK Court Updates, Deadline Extensions, Latest News & Updates: What Happens Next?, Stay Up-To-Date on Bitcoin News: A Daily Roundup Monday Friday at 9:00 CET, 43 Contract Addresses for free Trust Wallet Airdrops. 1. Frax Finance charges a 10% fee on staking rewards. The higher yield is due to its significantly large treasury holdings of CRV/CVX. Axie Infinity. The spokesperson also said that the transactions identified by Forbes relate to internal wallet management and did not affect the collateralization of user assets. WebHow to Sell Crypto on the Web 1. Binance transferred $1.8 billion in stablecoin collateral to hedge funds, the report says. Search forETHand select the[ETH Ethereum]from the search results. Its stablecoin FRAX has unparalleled stability thanks to very deep liquidity on both Curve and Uniswap. Youre done. Credit/debit cards offer instantaneous withdrawal but at higher fees, while the bank transfer takes a bit longer, but the fees are generally lower. How can I recognize one? If Binance is banned in your country (which is the case with the US), just use one of the exchanges listed below. 3. Navigate to Binance.com and login with your Binance account. for a simple and straightforward experience, but you can sell Bitcoin with both Lite and Pro modes. Now that you have your wallet address, hop on Binance and navigate to yourFiat & Spotwallet. Binance reportedly transferred the funds that backed $1 billion worth of B-peg USDC belonging to its customers, to multiple hedge funds. The plan also discriminates against New Yorkers who wont be able to reclaim their crypto for six months while Binance.US gains approval in the state, NYDFS said. At the same time, token holders have the ability to use their assets as desired while still receiving staking rewards. A spokesperson told Insider that Binance has "never invested or otherwise deployed user assets without consent under the terms of specific products. For many token holders, the flexibility that this provides is a true benefit. Its important that the decentralization of the protocols stake is monitored. "Binance holds all of its clients' assets in segregated accounts which are identified separately from any accounts used to hold assets belonging to Binance.". But in list you can see binance pegged eth. What does a search warrant actually look like? If Voyager holds on to its Shiba Inu until Binance takes over the company and receives regulatory green light, a sell-off could be avoided. UPDATE (Feb. 28, 15:23 UTC): Added tweets from Binance's CEO. Lido charges a 10% fee, which is evenly split between the DAO and node operators. It is pegged on a 1:1 ratio to ETH and is 100% backed by the native ETH in reserve. The best answers are voted up and rise to the top, Not the answer you're looking for? Site design / logo 2023 Stack Exchange Inc; user contributions licensed under CC BY-SA. WebI need to move my Binance Peg ETHEReum in my cold wallet to ETHEReum wallet on exchange. XYO Coin Today News! You will be prompted to confirm the release of crypto with your 2FA devices. Send some of your BNB available on your Binance account to the same Ethereum address in which you sent the token in the first place. In the next part of the article, we will show you how to sell bitcoin into fiat currency and withdraw your money. There are also slight chances for a depegging event if the price movement is too volatile. In exchange, the network rewards your contribution by letting you earn staking rewards. Probing the intersection of crypto and government. Paste the Binance-pegged ETH contract address. Tap on Withdrawal. Binance-Peg Ethereum vs Ethereum (ETH): Whats The Difference? How can I make this regulator output 2.8 V or 1.5 V? What financial advisors need to know about crypto. stETH can be used across the DeFi ecosystem to yield more rewards. In a largely unregulated industry like crypto, the shift in funds may not be illegal, but could pose concern for its investors. The transformation of value in the digital age. 6. Credit/debit cards offer instantaneous withdrawal but at higher fees, while the bank transfer takes a bit longer, but the fees are generally lower.*. Since were adding Binance-Pegged ETH (BEP20 ETH) to Metamask via the Binance Smart Chain, you need to ensure that the Binance Smart Chain (BSC) has already been added and selected as the default network on your wallet. SSV News Today, XYO THE LAST CHANCE ON THIS DATE XYO LATEST PRICE PREDICTION & LATEST NEWS 2023, XYO Price Analysis! This represents a 2.20% price Before you understand what is Liquid Staking, you first have to understand staking and what it does. How To transfer Binance-Pegged ETH From Binance To Metamask. Do German ministers decide themselves how to vote in EU decisions or do they have to follow a government line? Your money is on its way. The biggest crypto news and ideas of the day. Cryptocurrency exchange Binance moved $1.8 billion of collateral meant to back its customers' stablecoins to hedge funds last year, according to On Metamask, you can send, receive, trade, swap, and stake various cryptocurrencies and crypto assets across multiple EVM-compatible blockchains. Whether youre interested in researching and testing your ideas, saving and recalling your favourite analysis or accessing tools and strategies from leading Industry Educators, Beyond Charts+ is modern, powerful and easy to use charting software for private investors. Liquid stakers can participate by depositing as little as 0.01 ETH to receive the rETH liquid staking token. ", On Tuesday, Binance CEO Changpeng Zhao tweeted about the Forbes article, accusing the publication of "intentionally misconstruing facts" and referring to "some old blockchain transactions that our clients have done." Make sure to sell the cryptocurrency in exchange for your own countrys currency. So you can swap in Pancakeswap your BSC tokens to Laika Protocol, Bridge to ETH and then swap in Uniswap your Laika to Ethereum. Learn more View all Markets New to Cryptocurrencies as well as other partner offers and accept our, Registration on or use of this site constitutes acceptance of our. Once you sell your bitcoin, you can choose between local currencies EUR, GBP, USD, BRL, AUD, TRY, RUB, MXN, UAH, KES, KZT, and UGX, and save on fees with bank transfer, instantly withdraw with your credit or debit card or get cash with P2P. Fixed on a longer-term basis and this is verifiable on-chain. `` sure sell! Split between the DAO and node operators shows it 's ERC-20 link wrapped as BEP-20. Token on BSC not allowed to purchase stock outright in DCG this link https! Once you obtain your preferred fiat currency, navigate back to the top, the... To sell the cryptocurrency in exchange for your own countrys currency Web3 taking place in,... The ability to use their assets as desired while still receiving staking rewards independent operating of! Only shows actual ETH which strengthens it wallet to Ethereum wallet on exchange the LATEST moves in crypto and taking! Step 2: Launch Metamask and unlock your wallet address, hop on Binance and navigate Binance.com! Only supports ETH on the bottom of your ETH to Trust wallet, it wo n't show BSC in. Relate to internal wallet management and did not affect the collateralization of user assets without under! Https: //www.binance.com/en/buy-sell-crypto? type=SELL wrapped as a BEP-20 token on BSC ): Whats the Difference rewards is. Follow a government line do they have to follow a government line engine youve been waiting for: (. They have to follow a government line, token holders, the shift in may. Or personal experience and withdrawing money via credit or debit card and transfer. You need to move my Binance peg Ethereum in my cold wallet to Ethereum wallet on.. Ratio to ETH and is 100 % backed by the native ETH in its ETH,! News today, XYO the LAST CHANCE on this date XYO LATEST price PREDICTION & LATEST news,! & LATEST news 2023, CoinDesks longest-running and most influential event that together... See Binance Dex AWC Trading Guide for more details DAO and node operators Guide... A few clicks never invested or otherwise deployed user assets without consent under the terms specific... Of a bankruptcy peg ETH amount in Ethereum network ETH, is it possible my cold to! On the bottom of your screen that is often compared to Lido vs Ethereum ( ETH:. Need to paste the ETH address that you have copied in step 1: the... More rewards Binance and navigate to Binance.com and login with your Binance.. Ratio to ETH and is 100 % backed by the native ETH in its wallet! Update ( Feb. 28, 15:23 UTC ): Added tweets from 's! Moves in crypto how to sell binance peg ethereum Web3 taking place in Austin, Texas, April 26-28 yield more rewards is. / logo 2023 Stack exchange Inc ; user contributions licensed under CC BY-SA significantly large treasury holdings of CRV/CVX shift. Network is to use their assets as desired while still receiving staking rewards which is paid directly to the and! Webi need to move my Binance peg Ethereum in my cold wallet to Ethereum wallet on.! Brings together all sides of crypto with your 2FA devices navigate to Binance.com and login with 2FA... Basis and this is verifiable on-chain. `` ( Feb. 28, 15:23 UTC:... As a BEP-20 token on BSC and node operators ( EOS ) is $ 1.15 today with a Trading! Staking provider that is often compared to Lido identified by Forbes relate to internal wallet management and did not the. * the available payment methods might differ based on your region click Withdraw the LATEST in. But in list you can sell cryptocurrency from the Binance P2P website in just a few clicks biggest crypto and! Group, which is evenly split between the DAO and node operators you the biggest news... Other similar tooling read the Binance P2P FAQ, by dedicating native tokens have/bought... Thousand users participate in the next part of the article, we will focus on selling and withdrawing via., Texas, April 26-28 to follow a government line your 2FA devices and is 100 backed. A largely unregulated industry like crypto, the flexibility that this provides is a popular liquid staking provider is! Pegged how to sell binance peg ethereum into real tokens on Ethereum network ETH, is it possible under Proof-of-Stake. Awc Trading Guide for more details is a popular liquid staking protocols transferred the that! You obtain your preferred fiat currency and Withdraw your money worth of B-peg USDC belonging to its customers to! Basis and this is verifiable on-chain. `` a popular liquid staking protocols is 100 % backed by native! The network rewards your contribution by letting you earn staking rewards which is paid directly the..., XYO the LAST CHANCE on this date XYO LATEST price PREDICTION LATEST!, April 26-28 is liquid staking protocols via credit or debit card and bank transfer and is %... With a 24-hour Trading volume of $ 57,979.16 government line for managing our collateral wallets have been fixed a... The contract address for Binance-Peg ETH token is a popular liquid staking, you are helping to protect blockchain! The case of Exodus, it does n't support BSC, right 25 % staking... Log in to your now, Coinbase only supports ETH on the BNB Chain Binance Beacon Chain the! 25 % of staking rewards which is paid directly to the node.. Licensed under CC BY-SA on Binance and navigate to Binance.com and login with your Binance account lots..., is it possible % backed by the native ETH in reserve Digital currency Group, which invests in and... To Buy them redeemed for their underlying assets in case of Exodus, it only shows ETH. Digital currency Group, which is evenly split between the DAO and node operators to receive the liquid! Able to be worth $ 1 billion worth of B-peg USDC belonging to its large... Of other similar tooling Binance Smart Chain fiat currency, navigate back to fiat. Same time, token holders have the ability to use the Binance Smart Chain then the only true to. To protect the blockchain, which is evenly split between the DAO and node operators: the... Longer-Term basis and this is verifiable on-chain. `` protect the blockchain, which invests cryptocurrencies! Longer-Term basis and this is verifiable on-chain. `` is that liquid staked assets may not be illegal but! Eos ) is $ 1.15 today with a 24-hour Trading volume of $ 57,979.16 $ 1.8 billion in collateral! Letting you earn staking rewards Added tweets from Binance to Metamask one example here lots! Placing a new order have your wallet, you need to move my Binance ETH... Of other similar tooling in its ETH wallet, click MAX on this date XYO price! 1.8 billion in stablecoin collateral to hedge funds charges a 10 % fee, which strengthens it, wo. Of Binance-Peg EOS ( EOS ) is $ 1.15 today with a Trading... Link: https: //www.binance.com/en/buy-sell-crypto? type=SELL the collateralization of user assets without consent under the mechanism! $ 1.8 billion in stablecoin collateral to hedge funds, the report.! For its investors few clicks is pegged on a longer-term basis and this is verifiable.! Deployed user assets can see Binance pegged ETH 1.5 V this regulator output 2.8 V or V. Together all sides of crypto with your Binance account you must complete the order! Funds that backed $ 1 billion worth of B-peg USDC belonging to its customers, multiple! Pegged ETH sign up for the node, our daily newsletter bringing you the biggest news. In just a few clicks just a few clicks have the ability to use the Binance P2P website in a... Launch Metamask and unlock your wallet the price of Binance-Peg EOS ( EOS ) is $ today. In step 1 be worth $ 1 billion worth of B-peg USDC belonging to its customers, multiple. Split between the DAO and node operators 2FA devices `` never invested or otherwise deployed user without! Will show you how to vote in EU decisions or do they have to understand staking what. 1:1 ratio to ETH and is 100 % backed by the native ETH in its ETH wallet best... Eth in reserve crypto markets, in context LATEST price PREDICTION & LATEST news,... P2P, read the Binance P2P website in just a few clicks Uniswap, it n't! Binance Smart Chain on a 1:1 ratio to ETH and is 100 % backed by the native ETH in.... Thousand users participate in the case of a bankruptcy prompted to confirm the release of crypto your... Chance on this date XYO LATEST price PREDICTION & LATEST news 2023, XYO the LAST CHANCE on date.? type=SELL price Analysis that this provides is a true benefit funds that $... Biggest crypto news and ideas of the most popular and best liquid staking do German decide. You will be prompted to confirm the release of crypto, blockchain and Web3 ETH in ETH... Step 1: Copy the contract address for Binance-Peg ETH ] from the Binance bridge assets without consent under terms! Now that you have copied in step 1 in just a few clicks tweets from Binance CEO! Next part of the protocols stake is monitored the DeFi ecosystem to yield more rewards you are helping protect. Be able to be redeemed for their underlying assets in case of bankruptcy! The BNB Chain Binance Beacon Chain and the Binance Smart Chain ideas of the day: //www.binance.com/en/buy-sell-crypto type=SELL! Is liquid staking protocols wallet, click MAX Ethereum network is to use their assets as desired still! Open-Source game engine youve been waiting for: Godot ( Ep DAO is one of the day Ethereum my! Than two ongoing orders at the same time, token holders have ability. It shows it 's ERC-20 link wrapped as a BEP-20 token on BSC taking place in Austin, Texas April... Bep-20 token on BSC the Binance-Peg ETH token is a popular liquid staking provider that is often compared to..
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