BETH (Binance) is Binance's ETH liquid staking token via Binance Earn. Deep Binance ecosystem integration, rebasing balance model, and simple UX. Trade-off: Binance custody, and not available in US.
What BETH is
Deposit ETH into Binance ETH2 staking; receive BETH 1:1. Balance rebases daily as staking rewards accrue. Trade BETH on Binance spot or use across Binance Earn products.
When BETH makes sense
BETH is convenient for existing Binance users who want liquid ETH staking without leaving the platform. DeFi utility is limited vs stETH — most Ethereum protocols prefer stETH as collateral.
Verdict
BETH is Binance's in-ecosystem LST. Convenient for Binance users; less versatile than stETH across broader DeFi.