- #509
Wrapped Beacon ETH WBETH
During the accumulation phase, trading volumes are significantly higher than usual. The price fluctuates within a range for extended periods, delivering failed breaks in both directions, which makes it harder to analyse future price move. Find out more at dropstab.com/insights/accumulation-phase
WBETH Price
Market Cap
$5.52 BRank #509FDV
$5.52 BRank #2758Investors
X Followers
Detailed Performance
WBETH shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
WBETH to USD Converter
Price History
- All-Time High
- $4,831.901.46x to ATH
- All-Time Low
- $343.609.61x to ATL
- Trade Launch Date
- 2 May, 2023
569 days ago
Activities4
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Exchanges type
About WBETH
Wrapped Beacon ETH (WBETH) is a wrapped version of BETH. It is a reward-bearing asset that accumulates ETH2.0 staking rewards. WBETH grows in value in relation to BETH, allowing users to earn double yield potential. By holding WBETH, users can earn staking rewards and also explore opportunities in decentralized finance (DeFi) and other blockchain-based applications. WBETH can be held in any self-custodied wallet on the Ethereum or Binance Smart Chain (BSC) blockchain, enabling users to send their staked ETH off-platform and receive rewards.
What makes Wrapped Beacon ETH unique?
Wrapped Beacon ETH (WBETH) is unique compared to other cryptocurrencies because it combines the benefits of staking rewards and participation in decentralized finance (DeFi) opportunities. WBETH is a wrapped version of BETH, which means it represents ownership of BETH while still being able to be used in various DeFi applications.
One unique aspect of WBETH is that it is reward-bearing in nature. It accumulates ETH2.0 staking rewards, not by growing in number, but by growing in value in relation to BETH. This means that holding WBETH allows users to earn staking rewards while also benefiting from the potential increase in value over time.
Another unique feature is the ability to move WBETH on-chain and explore exciting DeFi and other dApps opportunities. By holding WBETH, users can participate in various DeFi protocols, lending and borrowing platforms, decentralized exchanges, and more. This provides additional earning potential beyond just staking rewards.
Furthermore, WBETH can be held in wallets owned by users anywhere, not limited to the Binance platform. This allows users to have full control over their WBETH and still receive staking rewards. The value of WBETH will increase over time, even if it is not held on Binance.
In summary, WBETH stands out among other cryptocurrencies by offering a combination of staking rewards, participation in DeFi, and the ability to hold it in self-custodied wallets, providing users with double yield potential and greater flexibility.
Live Wrapped Beacon ETH Price Data
The current price of Wrapped Beacon ETH (WBETH) is approximately $3,302.35, reflecting a increase of 0.50% in the last 24 hours. The WBETH trading volume in the last 24 hours stands at $16.74 million. Wrapped Beacon ETH's market cap is currently $5.52 billion, accounting for about 0.17% of the total crypto market cap. The circulating supply of WBETH is 1.67 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Wrapped Beacon ETH's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on WBETH, check out our crypto insights page.
Official Links
WBETH to USD Converter
Price History
- All-Time High
- $4,831.901.46x to ATH
- All-Time Low
- $343.609.61x to ATL
- Trade Launch Date
- 2 May, 2023
569 days ago