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Buy Lido Staked ETH (stETH)

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stETH price
$3,009.29 USD
+0.41%

How to Buy Lido Staked ETH (stETH) through Binance Wallet

In this guide, we’ll show you how to buy Lido Staked ETH using the Binance Web3 Wallet.
The Binance Web3 Wallet lets you connect to decentralized exchanges (DEXs) and swap thousands of tokens securely. Since Lido Staked ETH isn’t available on the Binance Exchange (CEX), you’ll need to use the Web3 Wallet and a DEX to buy it.

1
Create a free Binance Exchange account

To get started, create an account on Binance

2
Set up your Binance Wallet

The Web3 Wallet is built into the Binance App. Here’s how to set it up:
  • Open the Binance App and go to Wallet > Web3 Wallet.
  • Tap Create Wallet. Follow our guide for more detailed instructions.
  • Write down your recovery phrase and keep it safe. (This is the only way to restore your wallet if you lose access.)
  • If you already have a wallet, you can import it instead.
Now your wallet is ready, but you’ll need to add funds before buying Lido Staked ETH (stETH).

3
Buy a stablecoin as your base currency

For better coin compatibility, you can consider buying a stablecoin first. Stablecoins like USDT, USDC, is a type of cryptocurrency designed to maintain a stable value which is compatible with most cryptocurrency swaps.

4
Swap your USDT for Lido Staked ETH

  • Open the Binance Web3 Wallet in the app.
  • Go to the Trade tab.
  • Under From, select your USDT.
  • Under To, select Lido Staked ETH.
  • Enter the amount you want to buy and tap Approve & Swap.
The swap will process, and your Lido Staked ETH will appear in your wallet.

5
Store or use your Lido Staked ETH in Binance Wallet

Now that you've bought your crypto, you can simply hold it in your Binance Wallet. You can also trade for other crypto or stake it on Simple Yield on Binance Wallet Earn for passive income.

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People Also Ask: Other Questions About Lido Staked ETH (stETH)

1
How Can I Safely Buy Lido Staked ETH on Binance?

To buy Lido Staked ETH safely, you’ll need to use the Binance Web3 Wallet, since it isn’t available on the Binance Exchange (CEX). Create a free Binance account, set up your Web3 Wallet inside the Binance App, and fund it with a stablecoin (like USDT). Then, you can swap your stablecoin for Lido Staked ETH through a decentralized exchange (DEX) supported by the wallet.

2
Which Payment Methods Can I Use to Buy Lido Staked ETH (stETH)?

To buy Lido Staked ETH (stETH), you can fund your Binance Web3 Wallet with stablecoins using several methods:
  • Transfer from your Binance Exchange account
  • Receive from another wallet address, or
  • Purchase stablecoins directly with a payment card inside Binance.

3
Can I Buy Lido Staked ETH Instantly with a Debit or Credit Card on Binance?

Lido Staked ETH is not listed on the centralized exchange. However, you can buy a stablecoin (such as USDT) with a debit or credit card, then use your Binance Web3 Wallet to swap that stablecoin for Lido Staked ETH

4
Can I Buy Lido Staked ETH on Binance?

Yes, Lido Staked ETH can be bought only through the Binance Web3 Wallet and a decentralized exchange (DEX). You cannot purchase Lido Staked ETH directly on the Binance CEX.

5
Why Do I Need to Complete KYC to Buy on Binance?

Binance requires identity verification, or Know Your Customer (KYC), to enhance account security and comply with global regulations. Completing verification ensures a safer trading environment for all users. Please visit How to Complete Identity Verification for more info.

6
Which Cryptocurrencies Can I Buy on Binance?

Through the Binance Web3 Wallet, you can swap for thousands of tokens available on supported DEXs. On the Binance Exchange (CEX), over 500+ cryptocurrencies are listed and available for purchase. Buying Lido Staked ETH is only supported via the Binance Web3 Wallet.

7
Can I Buy Less Than One Lido Staked ETH?

Yes, Lido Staked ETH, like most cryptocurrencies, is divisible. You can buy even a fraction of it when swapping with your stablecoin.

8
How Can I Store My Lido Staked ETH?

You can store your Lido Staked ETH securely in your Binance Web3 Wallet. You can also trade it for other tokens or use features like Simple Yield to earn passive income. Always back up your recovery phrase and enable two-factor authentication for maximum security.

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