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Is eth 2.0 staking token risk free on binance?

Binance

Cryptocoins Exchanges / Binance 259 Views

From this article https://www.binance.com/en-IN/support/faq/eecd04618b5042c79f2a5b07f895c498 :

"To address this, Binance launched the “ETH 2.0 staking” service to provide everyone with an accessible Ethereum 2.0 staking. You can start in a few clicks with just 0.1 ETH, and Binance will cover all validator operating expenses and bear the risk of on-chain penalties. All on-chain staking rewards will be distributed to users."

Does that mean that the eth 2.p is token risk free on binance?

submitted by /u/MikeJezZ
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