What is a wrapped cryptocurrency?

By placing cryptocurrency in a special kind of digital vault, one can create what is called a wrapped token. The value of which depends on the stored Bitcoin, but the wrapped asset runs on a separate blockchain. For example, consider Wrapped Bitcoin ( WBTC -1.99%) and Bitcoin BEP-2 (CRYPTO: BTCB).

What are wrapped tokens?

One can lend out Wrapped Bitcoin or use them to provide trading liquidity in exchange for fixed income. Wrapped token holders can also reinvest their profits and benefit from compounding returns. You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services.

How much is strips finance (STRP) worth?

The price of Strips Finance (STRP) is $0.443224 today with a 24-hour trading volume of $10,591. This represents a -3.29% price decline in the last 24 hours and a -24.39% price decline in the past 7 days. With a circulating supply of 30 Million STRP, Strips Finance is valued at a market cap of $13,475,834 . Where can you buy Strips Finance?

What is a hasta mudra coin?

In 2007 RBI issued a new series of Coins, The Hasta Mudra Series, in coins of 50 paisa, 1 rupee and 2 rupee denominations. These coins are stainless steel and feature various Hasta Mudras (hand gestures in Indian Classical dance).