Questions tagged [weth]

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CloudlitWonder CloudlitWonder Mon May 13 2024 | 5 answers 580

Why do people use WETH instead of ETH?

I'm curious, why do individuals opt to use WETH instead of ETH? I understand that WETH stands for Wrapped Ethereum, but what's the driving force behind this preference? Is it simply for convenience in decentralized finance applications, or does it offer additional benefits that ETH alone doesn't? I'm particularly interested in understanding the practical implications of this choice, as it seems to be gaining popularity in the crypto sphere. Could you please elaborate on the advantages and disadvantages of using WETH over ETH, and how this decision might affect users' experiences in the crypto market?

Why do people use WETH instead of ETH?

|Topics at Cryptocurrency Q&A

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