# WBETH

**Wrapped Beacon Ethereum (WBETH)** is a liquid staking derivative token representing staked ETH and its rewards. It’s a wrapped version of BETH, where 1WBETH represents 1 BETH, and is created by Binance Earn that allows users to participate in ETH staking rewards from the Ethereum network. Wrapped tokens are a way to use cryptocurrencies on blockchains other than the blockchain they were originally built on while being backed by their underlying asset. \
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WBETH also represents the staking rewards accrued by BETH token on ETH Staking after 2023-04-27 08:00 (UTC). For BETH holders, further support to convert BETH to WBETH at a 1:1 fixed rate will be available in the coming weeks.\
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To learn more about WBETH, please [visit the following link.](https://www.binance.com/en/support/faq/what-is-wbeth-e252366155174ba6887f6b32e3798273)

To learn more about Binance ETH Staking, [visit the following link.](https://www.binance.com/en/support/faq/binance-eth-2-0-staking-eecd04618b5042c79f2a5b07f895c498)

To understand more about ETH Staking terms and conditions, [visit the following link](https://www.binance.com/en/support/faq/binance-eth-2-0-staking-terms-and-conditions-74b48ca392874849aba9560e7a8fc11b).