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What is WETH?

If you have ever used a decentralized exchange (DEX), there’s a good chance you’ve seen ‘WETH’ as one of the popular cryptocurrencies you can swap. WETH stands for Wrapped Ether. Ether (ETH) is the native cryptocurrency to the Ethereum blockchain, which is the oldest and most popular blockchain with general purpose smart contracts. In this article we go into more detail about what exactly WETH is, and why there is a need for it.
What is WETH?
Trade WETH, VERSE, DAI, and other cryptoassets on Bitcoin.com’s multichain Verse DEX. Enjoy permissionless and non-custodial trading access to DeFi, with a special focus on newcomers. Safely and securely swap crypto with low fees, including cross-chain trading between BTC, BCH, ETH and more. Anyone can also earn yield by providing liquidity through Verse DEX Pools, and additional rewards through Verse Farms.

Table of Contents

  1. What is Wrapped Ether (WETH)?
  2. What is the need for Wrapped Ether (WETH)?
  3. How is WETH created?
  4. Explore the Ethereum Ecosystem
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