2024-10-27 21:05:56Here's a step-by-step guide to placing your first ETH 2.0 Liquidity Staking order on Bybit.
Stake ETH
Step 1: To access Bybit ETH 2.0 Liquidity Staking, first launch the Bybit App. From the homepage, select Bybit Earn. This will take you to the Bybit Earn page, where you can then select ETH 2.0.
Step 2: Then, enter the amount you'd like to stake and tap on Stake Now. Don't forget to tick the checkbox saying “I understand that ETH will be converted to stETH at 1:1 ratio.” before submitting your order.
Congratulations! Your staking request has been successfully submitted.
Redeem ETH
Step 1: Navigate to the ETH 2.0 page and tap on Redeem.
Step 2: Enter the amount of stETH to redeem for ETH. Make sure you read through the redemption details and note stated and tick the checkbox to acknowledge that your stETH will be converted to ETH at a 1:1 ratio.
Notes:
— The minimum and maximum redemption amount is 0.1 stETH and 1,000 stETH respectively.
— The redemption will require a few days to process and you will receive the ETH in your Funding Account after this is successfully processed.
— The Est. Distribution Date is calculated based on data provided by Lido and may be delayed if there are changes to the estimated withdrawal date provided by Lido.
— Once the order is submitted, it cannot be canceled.
Step 3: A Confirmation pop-up box will appear. Please ensure you fully understand its information before clicking Confirm.
Congratulations! Your redemption request has been successfully submitted.
View Your Orders and Positions
To check the details of your ETH 2.0 Liquidity Staking orders or positions, please tap on Earn on the Assets page to enter the Bybit Earn page and then select ETH 2.0. Here, you can see the status of your active orders.
If you would like to view all order records, tap on All Orders, and then check them under ETH 2.0.
View Airdrop Rewards
You can view your stETH allocation record by selecting Earn → ETH 2.0, then tap on “You can find the proceeds in your Funding Account”. By doing so, you will be able to view all of your airdropped rewards that you have earned from holding stETH.
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