Lido Staked ETH (stETH) will be listed on BIT with stETH/USDT and trading will be available on June 12, 2022, at 10 AM UTC. Deposit for stETH is available now. Also, stETHUSDT perpetual swap is available for trading too.
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What is stETH?
stETH is the tokenised form of staked Ether native to Lido.
Lido is a liquid staking solution for Ethereum backed by several industry-leading staking providers. It makes staked ETH liquid and allows participation with any amount of ETH.
Lido’s stETH can be used as one would use ether, allowing holders to earn Eth2 staking rewards in addition to rewards through integrated platforms like Curve and SushiSwap.
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.
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June 12, 2022
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