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What is Wrapped Beacon ETH (WBETH)?
Wrapped Beacon ETH basic info
What’s Wrapped Beacon ETH?
WBETH represents a liquid staking token, with each unit equal to 1 ETH, and it enables users to earn staking rewards on their ETH tokens through ETH Staking.
What Makes Wrapped Beacon ETH Unique?
With WBETH, users can access instant liquidity and engage in DeFi ventures while still qualifying for the ETH Staking rewards earned. By using the official smart contract provided by Binance, on-chain users can stake their ETH to receive WBETH. Meanwhile, Binance users can wrap their BETH tokens into WBETH and easily convert their WBETH back to BETH tokens on the Binance ETH Staking page without incurring any fees.
Why doesn't the WBETH price match the BETH price?
Over time, the price of WBETH may deviate due to the inclusion of all staking rewards earned on the underlying BETH, as designed.
Wrapped Beacon ETH Price Prediction
In 2025, it is anticipated that the value of 1 Wrapped Beacon ETH will reach a minimum of $4,479.15, with a possibility of reaching a maximum of $5,456.85. The average price of WBETH during that year is expected to be around $4,604.69.
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WBETH supply and tokenomics
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What is the development prospect and future value of WBETH?
The market value of WBETH currently stands at $12.22B, and its market ranking is #9258. The value of WBETH is not widely recognized by the market. When the bull market comes, the market value of WBETH may have great growth potential.
As a new type of currency with innovative technology and unique use cases, WBETH has broad market potential and significant room for development. The distinctiveness and appeal of WBETH may attract the interest of specific groups, thereby driving up its market value.
Is WBETH worth investing or holding? How to buy WBETH from a crypto exchange?
How to get Wrapped Beacon ETH through other methods?
What is Wrapped Beacon ETH used for and how to use Wrapped Beacon ETH?
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