Cryptocurrency Q&A Is Weth on Ethereum?

Is Weth on Ethereum?

KimonoGlitter KimonoGlitter Thu Jan 02 2025 | 6 answers 1709
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. Is Weth on Ethereum?

6 answers

TaekwondoMasterStrengthHonorGlory TaekwondoMasterStrengthHonorGlory Sat Jan 04 2025
ETH serves as the primary medium for transaction fees on the Ethereum blockchain.

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Alessandra Alessandra Sat Jan 04 2025
Whenever a transaction occurs on Ethereum, a small amount of ETH is required as payment.

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CryptoElite CryptoElite Sat Jan 04 2025
An Ethereum-based DEX, or decentralized exchange, facilitates the swapping of cryptoassets.

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Alessandro Alessandro Sat Jan 04 2025
WETH stands as an ERC-20 token on the Ethereum network.

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CharmedFantasy CharmedFantasy Sat Jan 04 2025
This token represents the equivalent value of 1 Ether (ETH).

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