Beacon ETH is the token of the Beacon Chain. The idea behind the Beacon Chain is to enable proof-of-stake on Ethereum to make the blockchain more secure. This is done using the BETH token.
MoreThrough the Beacon Chain, it is now possible to stake on Ethereum, whereas previously only the proof-of-work mechanism was in effect. By staking, you can become a validator and approve transactions happening on the blockchain.
MoreDo you want to buy Beacon ETH (BETH)? You can easily do this at Coinmerce. Simply select the coin and after payment, you’ll find the tokens in your wallet!
MoreDo you want to buy Beacon ETH (BETH)? You can buy Beacon ETH using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Beacon ETH, use the search function to search for Beacon ETH and click on the name. You can indicate for how much you want to buy Beacon ETH in the right window. Below is shown how much Beacon ETH you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Beacon ETH when the price of Beacon ETH reaches your entered value. You can also execute a repeating order. Do you want to buy Beacon ETH with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Beacon ETH.
The Beacon Chain is an essential component of the Ethereum 2.0 network. It serves as a security and coordination mechanism for Ethereum's new Proof of Stake (PoS) consensus algorithm. The Beacon Chain is responsible for selecting validators, managing the staking of Ether (ETH), and finalizing blocks. When selected as a validator, it is your role to approve all transactions and create new blocks. When you decide to stake Ether, these tokens are typically locked, and you cannot trade them. However, with the Beacon Chain, you receive BETH tokens in exchange that can be traded. These BETH tokens have the same value as ETH tokens.