Cryptocurrency Q&A
Is WETH an ERC20 token?
Is WETH an ERC20 token?
Alessandra
Fri Feb 14 2025
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6
answers
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I'm trying to understand if WETH, which stands for Wrapped Ethereum, is classified as an ERC20 token. I've heard that WETH is a tokenized version of Ethereum that allows for interoperability with other ERC20 tokens, but I need confirmation on whether it actually meets the ERC20 standard.
6 answers
henry_taylor_architect
Sun Feb 16 2025
On the Ethereum blockchain, ETH functions as the primary means for transaction payments.
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SumoPower
Sun Feb 16 2025
Any operation conducted on this blockchain often requires a small amount of ETH.
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IncheonBeautyBloomingRadiance
Sun Feb 16 2025
WETH stands as an ERC-20 token within the Ethereum network.
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isabella_oliver_musician
Sun Feb 16 2025
For instance, when swapping between various cryptoassets on a decentralized exchange (DEX) built on Ethereum.
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Riccardo
Sun Feb 16 2025
This digital asset serves as a representation of 1 Ether (ETH).
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