Weth Value, Live Data, Price Estimates and Benefits [2024]

About Weth Value

Weth Value: WETH price today is $1,751.71, with a 24-hour trading volume of $1.23 billion. WETH is -8.37% in the last 24 hours. It is currently down -11.99% from its 7-day all-time high of $1,990.44 and 1.21% from its 7-day all-time low of $1,730.75.

WETH (WETH) is a wrapped form of Ethereum that allows ETH to be exchanged with other ERC-20 tokens on a decentralized exchange (DEX) like Uniswap. Besides, 1WETH can be unwrapped and exchanged for 1 ETH. And also, WETH is now available on DeFi Swap. Users can trade WETH, be WETH liquidity providers to earn fees and increase their yield up to 20x by staking CRO.

Weth Value Price Live Data

Live WETH price today is $1,751.47 with 24-hour trading volume of $1,236,909,757. We update our WETH price in USD in real-time. WETH is down 8.40% in the last 24 hours. CoinMarketCap’s current ranking is #2805, with live market capitalization unavailable. Circulating power is not available, and the max. So, supply is not available.

If you want to know where to buy WETH at the current exchange rate, the top crypto exchanges for trading WETH stock are currently Uniswap (V3), PancakeSwap (V2), Honeyswap, Uniswap (V2), and Serum DEX. You can find other listings on our crypto exchanges page.

Weth Value Social Price Estimates

This feature is in beta testing. Post your estimates for the next six months and see what others think. The data displayed is based on user input collected by CoinMarketCap. The quoting deadline for each end of the month is the 21st of each month.

How to pack and unpack Ethereum (WETH)

With the arrival of the holiday seasons, there will be a lot of wrapping and giving. But what about the packaging of Ethereum? There is nothing like the present to learn how to pack (and unpack) Ether!

Difference between ETH and Wrapped ETH (WETH)

Ether (or ETH) is the native token of the Ethereum blockchain. It is used to pay transaction  for transactions on the Ethereum blockchain.

Next comes Wrapped Ether (WETH), which is used for trading directly with other ERC-20 compliant crypto tokens. Therefore, Tokens that meet these standards are interoperable to use in transactions on ERC-20 compliant blockchains.

ETH must be converted to WETH if the holder wishes to use ETH in decentralized applications (DApps), blockchains, and decentralized autonomous organizations (DAOs) that are ERC-20 compliant. It must be converted to WETH if the holder wishes to use it in conjunction with other tokens.

Essentially, WETH provides more utility to ETH holders without losing value when wrapped in a smart contract and minted into WETH.

That said, steps are being taken to update the Ethereum code base to bring it up to ERC-20 standards, essentially making WETH a thing of the past.

Benefits of Using Weth Value

1. Firstly, It is interoperable with other ERC-20 crypto tokens. Since WETH can be issued by a custodian, an entity that guarantees its value (e.g. smart contract, dApp, DAO), WETH has higher liquidity than native tokens.
2. Another benefit of using WETH is enhance security, as your custodians generally only use secure exchanges. Additionally, you have more control over your crypto tokens as the custodian keeps the private keys in a safe place.
3. Finally, WETH has faster and lower transaction fees than the token’s unwrapped version.

Weth Value Price Today

WETH price today is $1,752.03 with a 24-hour trading volume of $512,466,260. Its price is down -8.2% in the last 24 hours. It has a circulating coin supply of 0 WETH and a total supply of 5.84 million. If you look to buy or sell WETH, Uniswap (v3) is currently the most active exchange.

What was WETH’s highest price?

WETH reached an all-time high of $4,863.70 on November 10, 2021 (7 months).

What was the lowest price for WETH?

WETH recorded an all-time low of $0.000000000000 on October 28, 2020 (1-year).

What was WETH’s 24-hour trading volume?

WETH’s 24-hour trading volume is $512,466,260.

Where can we trade WETH ?

You can trade WETH on Uniswap (v3), Uniswap (v3) and Uniswap (v2). Popular trading pairs for WETH in the market include WETH/USD, WETH/CAD, WETH/EUR, WETH/PHP, WETH/INR and WETH/IDR.

Weth Value is Down this Week.

The WETH price has fallen by 11.02% in the last seven days. The price has dropped by 8.42% in the previous 24 hours. In the last hour alone, the price is down 0.06%. The current price is ₹136,218.933603 per WETH. WETH is 94.75% below the all-time high of ₹2,592,446.388975.

Weth Value on Social Networks.

WETH was in 908 of 1,509,241 social media posts on Twitter and Reddit on June 5, 2022. And also, Four hundred twenty-four unique people talk about WETH, and it ranks #1. 134th in most mentions and post activity collected.

How to send WETH to Coinbase/MetaMask?

Sending WETH is the same as sending any other cryptocurrency between different wallets. Let’s see how you can achieve this.

Collect 1 Inch WETH – Head to 1 Inch and exchange your ETH for the required amount of WETH. You can check the link here.

Once you see WETH in your wallet (like Metamask), you can transfer them to another wallet, like Coinbase. So, If you don’t see the tokens, select “Import Tokens”, and you will  prompte to confirm adding WETH as an asset.

Once done, you can copy your Coinbase wallet address and paste it into your Metamask wallet to initiate the transfer. Again, if your wallet doesn’t recognize the asset, all you need to do is add the token details to the wallet.

Please note that the Coinbase wallet supports the Ethereum network and “all ERC-20 tokens”, which

Conclusion

The purpose of all wrapped tokens is to add an extra layer of interoperability between different networks. Besides, It would not make sense for most users to convert a non-native asset like BTC into an ERC-20 compliant token (like USDT) and then convert it to WBTC. So, they will only use your USDT to do most of their trading in most cases. But the goal of WETH is to create a very smooth experience for native ETH users.