I'm trying to understand if Weth is based on the
Ethereum network. I've heard about Ethereum and its smart contracts, and I want to know if Weth is one of the tokens operating on this platform.
6 answers
TaekwondoMasterStrengthHonorGlory
Sat Jan 04 2025
ETH serves as the primary medium for transaction fees on the
Ethereum blockchain.
Alessandra
Sat Jan 04 2025
Whenever a transaction occurs on Ethereum, a small amount of ETH is required as payment.
CryptoElite
Sat Jan 04 2025
An Ethereum-based DEX, or decentralized exchange, facilitates the swapping of cryptoassets.
Alessandro
Sat Jan 04 2025
WETH stands as an ERC-20 token on the
Ethereum network.
CharmedFantasy
Sat Jan 04 2025
This token represents the equivalent value of 1 Ether (ETH).