Cryptocurrency Q&A What is the difference between ETH and wrapped ETH?

What is the difference between ETH and wrapped ETH?

CryptoQueen CryptoQueen Tue May 14 2024 | 5 answers 903
I'm curious about the distinction between ETH and wrapped ETH. Could you please explain to me the key differences between these two cryptocurrencies? ETH, as we know, is the native token of the Ethereum blockchain, powering transactions and smart contracts. But what exactly is wrapped ETH, and how does it differ from regular ETH? I'm particularly interested in understanding the use cases and benefits of wrapped ETH, and how it fits into the broader cryptocurrency and DeFi ecosystem. Your insights would be greatly appreciated. What is the difference between ETH and wrapped ETH?

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