Binance announced that users will be able to redeem $ETH with their $BETH holdings on a 1:1 basis starting from April 19th at 8am UTC.
Users cannot cancel their $ETH withdrawal requests after submission. Initially, it may take 15 days to several weeks before users' $ETH withdrawal requests can be fully processed. Due to the processing limitations on the Ethereum network, Binance will set a daily $ETH redemption quota for each user.
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