Cryptocurrency Q&A
What is wrap Beth?
What is wrap Beth?
Eleonora
Tue Dec 31 2024
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5 answers
1075
I'm trying to understand the term 'wrap Beth'. I'm not sure if it's a specific concept, phrase, or something else entirely. Could you explain what 'wrap Beth' means or represents?
5 answers
Raffaele
Thu Jan 02 2025
Wrapped Beacon ETH, or WBETH, is a unique token introduced into the cryptocurrency market by Binance.
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CryptoNinja
Wed Jan 01 2025
This token serves as a liquid staking solution, allowing users to stake their Ethereum (ETH) and receive WBETH in return.
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Lorenzo
Wed Jan 01 2025
The primary purpose of WBETH is to represent staked ETH on a 1:1 basis, meaning that each WBETH token is equivalent to one staked ETH.
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IncheonBeauty
Wed Jan 01 2025
By using WBETH, users can enjoy the benefits of staking without having to lock up their ETH for an extended period.
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Martino
Wed Jan 01 2025
Binance, as a leading cryptocurrency exchange, has introduced this token to provide a more flexible and liquid staking option for its users.
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