We focus on staking ETH 2.0 and if you can buy, sell or trade when you have staked your Ethereum ETH coins.
We have listed some of the best crypto exchanges where you can stake and earn interest on ETH 2.0. In addition, we present some arbitrage opportunities.
No Financial Advice, Information only. Do your own research
ETH 2.0 Staked Contracts for Buy, Sell or Trade
Some exchanges have introduced a secondary market for staked ETH 2.0 contracts.
Still, you can not unstake Ethereum ETH coins that have already been staked. However, if someone is still holding unstaked ETH they want to stake, there are markets open for this.
You find all the exchange rates for ETH 2.0 contracts on some of the largest exchanges in the table below. However, you must also check trading volumes. Read more further down.
ETH 2.0 Price
On Kucoin, you pay 0.9492 ETH for 1 ETH 2.0 contract.
Kucoin - Trading ETH 2.0 Staking Contracts
On the Kucoin crypto exchange, you will get most ETH 2.0 staking contracts for your unstaked ETH.
Kucoin is the best place to buy ETH 2.0 contracts, and you should look for the market ETH2/ETH rather than just staking directly. However, the main drawback is the trading volume here.
For 24 H, approximately 25 ETH was traded, so if you hold a large amount of ETH, this is not an arbitrage opportunity.
Still, if you hold a couple of ETH you are thinking of going to stake for ETH 2.0, you will increase your holdings by about 5% by trading them on Kucoin.
24 H trading volume (2022-04-21): 25 ETH
If you have other cryptocurrencies you want to deposit to Kucoin, there is also Kucoin lending where you can lend your holdings to earn a yield
Binance - Sell and Buy ETH 2.0 Staking contracts
Binance Earn offers ETH 2.0 staking and there is a secondary market on these contracts. Binance has not as good ETH 2.0 trading arbitrage opportunity as Kucoin. Still, you can earn about 2.5% on your ETH if you trade in the market. Here the market is called BETH/ETH, and the trading volume was around 1850 ETH for 24 H on 2022-04-21.
24 H trading volume (2022-04-21): 1850 ETH
Kraken has not the best trading opportunity if you are going to stake ETH 2.0 for your unstaked Ethereum ETH. However, if you have staked ETH 2.0 on Kraken, you can sell them on the market to repurchase them on the Kucoin crypto exchange.
24 H trading volume (2022-04-21): 252 ETH
Read more about Kraken staking.
What is ETH 2.0 Consensus Layer
Ethereum 2.0, also known as ETH2 or “Serenity,” is now called Consensus Layer.
This is a long-awaited upgrade to the Ethereum blockchain that has been postponed since 2017. The upgrade consists of many other minor updates. The upgrade aims to enhance the speed, efficiency, and scalability of the Ethereum network to process more transactions and ease bottlenecks.
ETH 2.0 Consensus Layer Launch Date
The ETH 2.0 upgrade is now called Consensus Layer and has been postponed several times since 2017. However, the last update was a launch in June 2022, but again it was delayed a couple of months, and new expectations are Q3 2022.
Best Place to Buy ethereum ETH
In the Coingecko screenshot below, you can find the exchanges with the most trading volumes for Ethereum ETH, especially for ETH/USDT.
As you can see, many exchanges have a significant trading volume for ETH since it is the second-largest cryptocurrency.
Therefore, it’s essential to find a reputable crypto exchange with low trading fees and a good interface.
We like Binance and Kucoin, and they are also mentioned in this article; if you are about to stake ETH 2.0, you will find some good opportunities here.
Kraken is a good choice for US citizens if you are about to trade for ETH 2.0 contracts. Also, Coinbase is good but famous for its expensive fees.