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I just sent WETH to my Coinbase wallet and nothing is there?

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Opensea Scam?

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Any on-chain portfolio tracker which can plot detailed curves about portfolio?

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YSK that you can swap WETH to MATIC without gas fees using Polygon's official website.

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Swapped WETH for ETH but never received it

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Watatsumi $TSUMI your faith will be rewarded Everything feels new, unbelievable, overwhelming

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tldr; Aave is advancing a proposal to launch a $5M quarterly incentives program named "Merit" to encourage adoption and reward users. The program aims to distribute rewards in wrapped Ether (WETH) and Aave's GHO stablecoin for actions aligned with Aave's strategic objectives, enhancing its competitiveness in the DeFi landscape. The rewards are planned for users engaging in specific activities such as borrowing against deposits, staking, participating in governance, and migrating funds from rival protocols. The proposal, currently focused on Aave's v3 deployment on Ethereum, seeks to incorporate community feedback before proceeding to a final vote for implementation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

I’m really curious: where do you see what you got? I’ve had Atom staked for quite a while but all I see is tiny amounts of bullshit (WETH, some random tiny dust coins) when I got to staking overview. Do they airdrop directly into your wallet or what?

Mentions:#WETH

I just tried it for WETH, ETH and BTC on Ledger Live Unfortunately Coinbase is not the best. They charge higher fees. Moonpay and others are better.

Mentions:#WETH#ETH#BTC

The biggest thing that makes me concerned for ETH right now and makes me cautious to build bags is how the L1 L2 situation is. L1 is so expensive that L2s are the only real solution for the masses, but they still don't carry the same security as the base chain. Until they do, I feel skeptical towards the future of this platform. I'm an Algo user and consider buying WETH and holding some there, but wrapped tokens have their own problems in terms of trust and I'd much prefer to hold on native chain, something complicated by the gas fees :{

Mentions:#ETH#WETH

Well here’s an example. Yesterday, I had WETH in a Coinbase wallet. I wanted to move this to a Trust wallet. I could unwrap the Eth and then move it that way. Or, I could send WETH to my Trust wallet. Trying to receive WETH on Trust gave me like 10 different options with funky names like Axios, aSync, stuff like that. I had no means of determining which of these options (networks?) the WETH was on in Coinbase wallet, and idk what happens if I choose the wrong one. So that’s out. So I had to unwrap my Eth and pay a fee to do that. Then I wanted to move my Eth from Coinbase wallet to Trust, for another fee. Trying to send that Eth gave me another big list of options. What are these options? Networks? For some coins, you don’t want to send something on the wrong network. The coins can just disappear into a black hole. I had no idea if my Coinbase wallet Eth was on some funky network, so I did what I know how to do, and send Eth to an Eth wallet on the Eth network. $7 fee. Idk which coins don’t have multiple networks. Idk what happens if I choose the wrong network. Idk where to even begin figuring it out. Fortunately I mostly just hold as a speculator and I’ll eventually sell when prices hit some arbitrary point I’m happy with at the time.

Mentions:#WETH

Hello! 0xa9C0cdEd336699547aaC4f9De5A11Ada979BC59a is OpenOcean. The hacker swapped your WETH to ETH there. Your funds were first sent to **0xa6738B57f78b1af7F3CC94b107F888d7E40bCD12** which is an intermediary wallet /w this txn - [https://etherscan.io/tx/0x3460eafd59762a34257a316c3a2cca8df5b7ee4c4c4445f6d0d235aa36b03d06](https://etherscan.io/tx/0x3460eafd59762a34257a316c3a2cca8df5b7ee4c4c4445f6d0d235aa36b03d06) There's a couple of deposit addresses here but your funds aren't in there. * 0xc5C4417Cee32E708Ac61C36D656b68402ff87ae5 - ChangeNOW * 0x0302A905F0Ca867646Df0c5F63c6C58F7Ce069cd - AlphaPo Your funds were sent to **0x97dc5b190FB6E8a793803191356aaf6475adf0a7** with this txn - [https://etherscan.io/tx/0x018c66886038db5e17585138643f5a98abe50d1e3047e0c198149f532b8ca82b](https://etherscan.io/tx/0x018c66886038db5e17585138643f5a98abe50d1e3047e0c198149f532b8ca82b) Inside **0x97dc5b190FB6E8a793803191356aaf6475adf0a7** I see a number of deposit addresses where your funds went. Based on the timestamps your funds most likely went into one or multiple of these three deposit addresses * 0x9C6D589B7e6Cea55138A3ea1E0AC615126290ED2 - Binance * 0xa888Abedf5Dff6E6051B7f983B43FC092471C166 - SimpleSwap * 0xaFe8243dC68B0fFfaf4F83a26d99bb33bB61Ebb6 - SimpleSwap This scammer appears to be doing most of his deposits in 20 ETH deposits. Other deposit addresses presumably from more victims include: * 0x13A4679A7A28D0d98Ecb773ac79cEf9B56294669 - FixedFloat * 0x70EB5a38786c83C8B185e3985b44E421Ca03F3Ef - exch * 0x1ca8a5f0816e07751963E5b0cDfe1b18d192dfbe - exch * 0x53c783259eAadADe777fC2d057D3fC0B30c3Dd7f - SimpleSwap * 0x754D98267d0351D842F0de1C28FA27D91c59949A - SimpleSwap This looks like some sort of phishing scam based on the recency of the transactions and other victims involved. Hope this helps!

Yup did the same but with Binance and the polygon chain. Sent $100 worth of WETH to my regular ETH Binance address but on the polygon network. Technically that ETH address belongs to my Binance account just like the ETH chain address does... And looking at the blockchain It's still sitting there today, 2 years later, and pisses me off anytime I think about it. Binance could absolutely just send it back or even use the api to withdraw it out but they refuse to and want $500 due to "the complexity of recovering"...i call foul, Hell I'm pretty sure I could even use the api myself to withdraw it and gain custodial access by authentication but it says "chain not supported" when making the call through postman. Again, that's their API deliberately not allowing access, not cause of a technical limitation. So stupid...

Mentions:#WETH#ETH#API

What does 'soy onions' mean? Also, you are honestly doubling down here? ETH isn't a 'token'. You can't grant permission for a dApp to spend it. That's why WETH (Wrapped ETH) exists, dApps can only be given permission to use non-native assets, like ERC-20 tokens. So yes, you seem to be demonstrating a perfect example of the Dunning-Kruger effect.

Mentions:#ETH#WETH

I think they moved his WETH..

Mentions:#WETH

You're correct, WETH is just wrapped ETH so it can be moved on different networks either on a centralized exchange or for some other reason to transport the ETH.

Mentions:#WETH#ETH

There's two reasons to wrap coins. The most common reason is to bring it to another chain. Have you ever been to a casino? How do you gamble at a blackjack table? You have to use the dollars to buy chips, then you either win more chips or lose those chips, and then you redeem the chips for actual dollars again. But the key distinction here is: **you don't actually gamble with real dollar bills**. So if a casino chip says it's worth $100, how much is it actually worth? There's two right answers: * It's worth nothing. It's not real money. It's just useless clay. * It's worth $100, because I believe this particular piece of clay is redeemable for a real $100 bill at my request. That's what something like WBTC is. It's a casino chip. WBTC is an ERC-20 token. WBTC does exist on the Ethereum network. It's not real BTC, but as long as you believe that it's redeemable for actual BTC, then it should have the same value as BTC. You can't use real dollars at a blackjack table and you can't use real BTC on the Ethereum network. But you **can** use clay (which represents dollars) at a blackjack table and you **can** use WBTC (which represents BTC) on an Ethereum DEX. Others have mentioned that it is possible to wrap a coin on its own network. I think you deal with this second situation far less often. The short version of it is that ETH is a coin that is used to pay network fees. Coins are meant for network fees. Coins aren't meant for trading. So, WETH is a token that potentially still exists on the Ethereum network: * It's a token, which means it can be traded. * It is redeemable at a 1:1 ratio for the real ETH coin, and therefore WETH should have the same value as ETH.

ETH is transacted on the actual Ethereum chain. ERC-20 tokens are contracts on the blockchain. To easily swap Tokens you have to wrap the ETH into ERC-20. Which means you lock the actual ETH into a contract and then it is minted as WETH in the contract. It’s just how it works.

Mentions:#ETH#WETH

Yeah. Most of the people responding to you are giving pretty shitty answers because it's hard to explain without understanding smart contracts and liquidity pools. For example, Smart contracts can't spend your ETH. WETH allows you to give approval to another contract to spend your ETH, which is needed for swaps. The other contract is interacting with additional liquidity pools and other contracts, so they need to be able to spend your ETH.

Mentions:#ETH#WETH

WETH on Ethereum is completely different from WETH on Binance, or WETH on TRON, or WETH on Solana. And 'Wrapped' is a bit of a loose term. While there are explicitly defined standards for fungible tokens on various chains (ERC-20 on Ethereum, BEP-20 on Binance, TRC-20 on Tron etc.) that these 'wrapped' assets conform to, there are no strict rules for the process of minting them. The quality of the smart contracts minting these various tokens (and again they are all different tokens) is very important. And there are many different approaches to creating these smart contracts, aka bridges.

Mentions:#WETH#TRC

But are they both referred to as WETH and with that ticker? That would be very confusing, is what I mean. It's no wonder I was asking this question and people are giving me conflicting answers

Mentions:#WETH

Wait, so there are two different types of WETH? 😩

Mentions:#WETH

You can't use ether (ETH) directly for defi, it's the native *coin* on ethereum and apart from being transferred from one wallet to another, it's used to pay for gas fees. To use ETH in defi on ethereum, you need a token. The most common and widely used token standard is ERC-20. This is where WETH comes in. It's a smart contract that mints WETH for every ETH deposited into it. So when you swap ETH for another token on any dex, what happens is this: 1. ETH is deposited into the WETH contract which mints the corresponding amount of WETH 2. WETH is transferred into the Liquidity Pool address and the corresponding token you swapped for is transferred to you. The reverse happens when you swap any token for ETH.

Mentions:#ETH#WETH

The short explanation is that WETH is an ERC-20 version of ETH that is required for trading on decentralized exchanges like Uniswap. Here's a more detailed breakdown: Uniswap and other DEXs are built on Ethereum and use smart contracts. For technical reasons, these smart contracts typically can only interact with other ERC-20 tokens. ETH itself is not ERC-20 compliant. So it can't be directly traded on these DEXs. WETH is an ERC-20 wrapper or representation of ETH. It's a 1:1 conversion - 1 WETH = 1 ETH. When you want to trade ETH for another ERC-20 token on Uniswap, you first convert your ETH to WETH. This enables the DEX's smart contracts to handle it. You don't need to wrap ETH when trading other crypto like BTC. Only when dealing with ERC-20 DEXs. And you're correct that WETH is specifically for Ethereum. Other chains like Solana or BNB have their own wrapping mechanisms if needed. So in summary, WETH allows ETH to be compatible with the ERC-20 based DEXs for trading other Ethereum tokens. It's a technical workaround for trading ETH trustlessly on smart contracts.

The ETH coin is a fundamental part of the chain, and is used to pay for transactions. It is not a token. A token is just a smart contract build on top of the chain that conforms to the ERC-20 standard (a set of accepted rules). Just as ERC-721 and ERC-1155 are accepted standards for NFTs. The ETH coin is necessary to pay for interacting with any of these. No token can be used to pay for this, including WETH, as they are just smart contracts build on top of it.

Mentions:#ETH#WETH

The other person is wrong :) To wrap Bitcoin, you can send your BTC to a centralized exchange that will hold your BTC and send you an equal amount of wBTC tokens in exchange. If you prefer DeFi, you can use an option like Keep Network to mint wBTC tokens directly using a smart contract. Swaps on the Uniswap Protocol can start and end with ETH. However, during the swap all ETH is wrapped into WETH. This is because in order for tokens to be swappable on the Uniswap Protocol, they must be an ERC-20 token. However, ETH was built before ERC-20 standard.

Mentions:#BTC#ETH#WETH

Oh fair enough. I know that some tokens can run, or at least be transferred on multiple networks, maybe that's just stable coins? But I also thought that what I had understood to be the point of wrapped tokens or coins, was to allow them to transact on other chains. If it's not that then why is it even necessary? I read the Chat GPT response about WETH but you also get WBTC, right? Why is that needed if not for the reason I (apparently incorrectly) thought it was?

"Wrapping" is a programming term. Its when you translate one interface to another. ERC20 is a standard interface that all tokens agree to use so they are interchangable in code. So a dapp doesn't have to be rewritten for every single token. One code works for all ERC20s. WETH is just a way to use eth like every other token so if your dapp supports ERC20s it supports ETH, you just have to wrap it. Wrapping just swaps ETH 1:1 to/from WETH there is zero risk or slippage.

Mentions:#WETH#ETH

ETH is a gas coin used to pay transaction fees An ERC-20 token is a smart contract that well, is a token that’s designed to work with any app that is compatible with the ERC20 standard ETH itself is actually not compatible with the standard so it cannot work with apps that are designed to work with tokens, so you would “wrap” it to WETH which is a token for it to work with apps that expect an ERC20

Mentions:#ETH#WETH

Me: Explain WETH to me. I'm referring to the cryptocurrency. ChatGPT: WETH stands for Wrapped Ether. It is a cryptocurrency that represents a wrapped version of Ethereum (ETH) on the Ethereum blockchain. The concept of wrapping comes into play to solve a particular issue with Ethereum's native cryptocurrency, Ether. Ether was not originally designed to conform to the ERC-20 standard, which is a common framework for creating interoperable tokens on the Ethereum blockchain. The ERC-20 standard defines a set of rules that tokens on the Ethereum network must follow, allowing them to interact seamlessly with decentralized applications (dApps), exchanges, wallets, and other tokens. Here's how WETH addresses this issue: * Standardization: By wrapping Ether into WETH, it becomes an ERC-20 compliant token. This means WETH can easily interact with other ERC-20 tokens and be used in a variety of dApps and decentralized finance (DeFi) platforms without compatibility issues. * Interoperability: With WETH, users can participate in token swaps, lending, borrowing, and other DeFi activities that require ERC-20 tokens. This enhances the liquidity and utility of Ether within the Ethereum ecosystem. * Conversion Process: The process of converting ETH to WETH is straightforward. It involves sending ETH to a smart contract that issues an equivalent amount of WETH in return. The reverse process can also be done when you want to convert WETH back to ETH. * Use Cases: WETH is commonly used in decentralized exchanges (DEXs), where users can trade between different ERC-20 tokens directly from their wallets. It's also used in various DeFi applications for lending, borrowing, and earning interest. In essence, WETH serves as a bridge that makes Ether fully compatible with the ERC-20 standard, expanding its functionalities and integration possibilities within the Ethereum ecosystem.

Mentions:#WETH#ETH

If you read the technical specs, this is literally like creating a Wrapped token. You wrap your token, use the wrapped token on the Binance exchange, and whenever you make the trade the counter party gets the wrapped token that they can then redeem to get the underlying asset.. This is quite standard practise in the industry, so idk why you're crying about it with no understanding of the system. If you can provably redeem those wrapped tokens to the underlying asset, then it does not matter the form.. No one would say using WETH is bad because ETH is the real ETH..

Mentions:#WETH#ETH

>so you might go to trade 0.1 WETH on a DEX, only to approve the DEX contract an allowance of 999999999 WETH before proceeding. I've never ran into that, but thanks for bringing it up. I suppose being approved for smaller balances doesn't stop the risk of being drained either totally.

Mentions:#WETH#DEX

> but is this site always going to be trustworthy? Can never tell, but their source repo is [here](https://github.com/RevokeCash/revoke.cash) which you can scan through & deploy locally if you're technically inclined. Revoking is done on-chain so I usually inspect the contents of the transaction before signing. >What Blockchains do you use it for? All of them? EVM chains only, they have a list in their [faq](https://revoke.cash/learn/faq). >I never see anyone explain how or why to revoke the correct contracts and how to avoid any you might still need. I believe it only works for ERC20/ERC721 contracts and their extension EIPs (i.e. PERMIT2). When interacting with a smart contract (i.e. a DEX, NFT escrow contracts) that utilizes a Token (i.e. ERC20, ERC721 NFTs), you first need to give the smart contract permission to transfer/withdraw from your balance on the respective Token's contract. This is traditionally done by giving the contract a fixed allowance it can 'spend' on your behalf. Issue is when these contracts or their respective owners get compromised, purposeful or otherwise. Your spending allowance for the contract still exists, allowing the malicious party to drain your Token balance through the contract. These contracts typically request absurd allowances so the user doesn't have to continually refresh such (cumbersome/annoying & costs gas), so you might go to trade 0.1 WETH on a DEX, only to approve the DEX contract an allowance of 999999999 WETH before proceeding. So it's good practice to periodically revoke approvals/allowances to contracts you're not using anymore. I think Metamask might have some built-in way, unsure on other wallet mediums though. >how Revocation of an allowance for a particular contract is done by making a transaction to zero out the associated allowance value on-chain. Basically you overwrite the previous allowance with 0. >how to avoid any you might still need Any site you connect to and use will request approval/permissions again if you remove them anyways. When looking through your approvals, you can click the associated contract address and it'll open in a block explorer. Popular contracts (i.e. Uniswap) are usually labelled, or you can google the address if not and see where it pops up.

Mentions:#DEX#WETH

That's my understanding as well. A more interesting question (to me) would be stuff like BTC-LN to BTC and WETH to ETH, where you are simply "unwrapping" an asset instead of "exchanging" it. In the end, I guess if the exchange sends you a 1099 you have to pay taxes on it, and if they don't you MAY have to pay taxes on it. Yay USA!

Could be a spoofed token. Did you own WETH on the BSC network? Do you have the Transaction ID?

Mentions:#WETH

That's one of the major cons of ETH, high fees. Far better to buy something like WETH (wrapped ETH) on a chain like Polygon, Arb, or OP. Fees will be like $0.06.

Mentions:#ETH#WETH#OP

Network fees / withdrawal fees are standard. If you were to withdraw $230,000,000 of ETH, you would pay $7 still. You would need to use a cheaper coin then, that would work on layer 2, such as WETH on matic, etc.

Mentions:#ETH#WETH

tldr; Donald Trump sold off 1,075 ETH, worth around $2.4 million, from his crypto wallet to Coinbase. This move came amid a 6.2% price rally for Ether and was part of a larger $4 million ETH accumulation from royalties of his Trump Cards NFT series. Despite the recent release of his 'Mugshot' NFT collection, it has not gained the same traction as his earlier series, with less than half of the NFTs minted. Trump still holds various cryptocurrencies, including ETH, WETH, MATIC, PEPE, and JESUS coins. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

r/CryptoCurrencySee Comment

So for example someone couldn’t send their WETH to a contract after assuming it could return ETH, since it had worked like that in the opposite sense?

Mentions:#WETH#ETH
r/CryptoCurrencySee Comment

Who is getting paid to shill SOL? And who has so much money to do so? Do you think Tesla pays people to shill Tesla? Or Apple? Or Google? When the product is so good, you don't need ads, you don't need paid shills, you don't need fake hype. It will sell by itself. The ETH ecosystem right now is a bloated mess of fees and complicated L2s. To buy memecoins in ETH on 1inch for example you first need to convert ETH to WETH (which costs gas), then you need give permission to 1inch to spend your WETH (which also costs gas), then when you sell your memecoin you again need to give permission to spend it (which again costs gas). Compare that SOL where all you only need to do is go to Jupiter, look for the coin you want to swap your SOL with, pay less than a penny in fees and it's done.

Mentions:#SOL#ETH#WETH
r/CryptoCurrencySee Comment

Any reason to take WETH over ETH? Im inclined to store WETH on a trezor long term due to gas fees. Thoughts?

Mentions:#WETH#ETH
r/CryptoCurrencySee Comment

What do they mean by different ETH? Are they scammer? If it's WETH, they'll have access to it ETH. Maybe they're trying to tell you another thing bcos you guys have no clue about crypto

Mentions:#ETH#WETH
r/CryptoCurrencySee Comment

The NFT is literally not purchasable via an ETH L2. It can be purchased with L1 ETH to buy, or mainnet WETH for bids. Imagining a different reality doesn't change the reality. If the NFT was on Polygon, like reddit avatars then sure. But a hell of a lot (a majority of collections?) are not. It's a dumb tradition I guess. I'm not defending it; just saying that's a real situation. And it is annoying as a user experience.

Mentions:#ETH#WETH
r/CryptoCurrencySee Comment

The key question for the next 5 years when it comes to Ethereum is this: will its robust blockchain have enough prestige/popularity to sustain the huge downsides that it inherently has? It's not uncommon for gas fees to be over $60 nowadays when you swap ERC-20 tokens, or to pay $15 to establish a spending cap. Is it a stretch to imagine that in the future those fees will rise to, say, $200 and $45 respectively? Not really. Which begs the question, why would a dev of a new token want to use ETH if fees will be that high? We know that new tokens have a low market cap and low volume, which means that most investors (with the exception of early investors who do OTC trades) won't be willing to put large amounts of money in it, so let's say that the average investor is willing to buy $500 of that token. Is it reasonable to expect them to pay almost half of that in gas fees so they can swap their WETH for the new token? The answer is obvious. I've seen loads of ETH fanboys say that this issue will be fixed and yada yada yada, but there's been no actual evidence that it will (or even that it can!) be fixed. That's why I think that the ETH chain will be all but dead in 15 years from now.

Mentions:#ETH#WETH
r/CryptoCurrencySee Comment

There is WBTC, WETH, and more options on Secret Network.

Mentions:#WBTC#WETH
r/CryptoCurrencySee Comment

bridge to it, do some swaps ETH/WETH or stable to stable, mint a NFT, etc. return in a few weeks and repeat.

Mentions:#ETH#WETH
r/CryptoCurrencySee Comment

No, I mean when you deposit say 'WETH' you receive an "aToken' as a receipt of your deposit. These tokens are automatically rebasing at the interest rate every single block (12 seconds on ETH etc.) I just wondered if there was any way to utilize these tokens on other protocols.

Mentions:#WETH#ETH
r/CryptoCurrencySee Comment

Brick -> WETH (wrapped ETH) on SushiSwap is probably your best option if you have $100 or less of bricks, liquidity in that pool is really low. Anything above that $ value in holdings, probably Kraken on the Brick -> USD pair (1.47% spread).

Mentions:#WETH#ETH
r/CryptoCurrencySee Comment

You had me at WETH.

Mentions:#WETH
r/CryptoCurrencySee Comment

Been a member for a while, and absolutely love it, gotta love the mining rewards for kicking back and having fun in a sub filled with nothing but positive people as a bonus, and this isn’t a shot at any other currencies or subs but it’s like everyone around there genuinely wants and hopes for its success and has the best of things to say about it and are always trying to improve where we can, for those who are interested in the mining rewards currently they are: 🗼 CONE 🌕 MOON ⧫ WETH ♾️ MATIC 🐲 QUICK 🌮 TACO 💩 POOP 🦴 BONE 🌑 MOOND 🍩 DONUT ®️ RCAX 🧱 BRICK 🍌 BANANA PLUNGER And it wouldn’t surprise me if we start to see this list grow 😅

r/CryptoCurrencySee Comment

and currently the following are all paid out as mining rewards for each post: 🗼 CONE 🌕 MOON ⧫ WETH ♾️ MATIC 🐲 QUICK 🌮 TACO 💩 POOP 🦴 BONE 🌑 MOOND 🍩 DONUT ®️ RCAX 🧱 BRICK 🍌 BANANA PLUNGER So is a lot more than just CONE being talked about

r/CryptoCurrencySee Comment

yeah, There are often mining bonuses on r/ConeHeads. Currently for every post you will be receive the following mining rewards (every post receives ALL bonuses not just 1) It's a great time to be posting! 🗼 CONE 🌕 MOON ⧫ WETH ♾️ MATIC 🐲 QUICK 🌮 TACO 💩 POOP 🦴 BONE 🌑 MOOND 🍩 DONUT ®️ RCAX 🧱 BRICK 🍌 BANANA PLUNGER

r/CryptoCurrencySee Comment

> Disregarding that ordinals surge, Litecoin has $2 billion on-chain daily volume, $30 billions on Bitcoin and $3 billions on Ethereum on average I don't think this comparison is reasonable. Ethereum transactions do so much more than transfer Ethereum, and that means that many transactions will have a volume of 0 . To really show the true transaction volume on Ethereum, you have to include token transfers. Yesterday this was $5 billion in USDT, $4.5 billion in USDC, $4 billion in WETH, for just the largest three. In total I wouldn't be surprised if the settled volume on Ethereum is greater than on Bitcoin.

r/CryptoCurrencySee Comment

Thanks a lot for the instructions it helped me remember similar ones I saw in another video. One of my small pools is ETH/USDC in the section for "unclaimed fees" there is a toggle for "collect as WETH" this is an example of the LP tokens you talked about I guess? I guess what u mean is that everyday I can collect my gains in WETH and place it in another farm or pool right? Thanks again for the help my man.

r/CryptoCurrencySee Comment

I think it does, see here : [https://etherscan.io/accounts](https://etherscan.io/accounts) Removing staking contract : Top 10 : 10.22% Top 20 : 12.60% Top 50 : 17.24% Not to mention the top 12 are all either smart contracts (WETH), Layer 2 deposit addresses (Arbitrum) or Exchanges (Binance & friends) So yea, this comparaison is SUPER misleading (and BTW I'm sure the top distributioin of Solana also includes exchanges...)

Mentions:#WETH#SUPER
r/CryptoCurrencySee Comment

Prefer MATIC works really well, using WETH. Easy

Mentions:#MATIC#WETH
r/CryptoCurrencySee Comment

Is SushiSwap the only DEX option for selling moons? It looks like you can only trade them for WETH on there when I link my MetaMask wallet. I'd like to trade some into SOL, but struggling to find a guide on here

Mentions:#DEX#WETH#SOL
r/CryptoCurrencySee Comment

Effectively every time you do something like turn ETH into WETH or BTC into WBTC they want it to be a taxable event. That’s nuts.

r/CryptoCurrencySee Comment

> Isn't that what btc does? Yea, that's line one of Satoshi's whitepaper. > Your chart includes USDC, USDT, DAI, WETH and WBTC. Yea, we're talking about what the network does in terms of transferring value between people. If people are using it to move stablecoins and wrapped ETH/ BTC then that's the kind of value they want to transfer. > You still haven't described a problem that ETH is solving. That was why I included the whitepaper quote, it's a really clear and succinct statement of that use case.

r/CryptoCurrencySee Comment

Isn't that what btc does? Your chart includes USDC, USDT, DAI, WETH and WBTC. A purley ETH v BTC comparison still favors BTC. You still haven't described a problem that ETH is solving. If your answer is just, "it's btc but better" then I guess we haven't really gotten anywhere.

r/CryptoCurrencySee Comment

If i want to invest in ETH i usually go with WETH, because of the fees. They might not be high right now, but just think about what $PEPE did for a couple of days (months ago) to fees, it was like 2020 where to just move some eth you needed 20$+, just wasn’t worth it if you didn’t have thousands of dollars in it

r/CryptoCurrencySee Comment

Yeah, I was thinking eg of the instance of buying a $10 NFT on Ethereum on Open Sea for example - you can only buy using mainnet ETH or WETH. You can't buy it using Arbitrum ETH or Optimism ETH. And consequently that $10 NFT ends up costing eg $19 to $22 .. real example.

Mentions:#ETH#WETH
r/CryptoCurrencySee Comment

ETH is fine. They're only stopping the trading of Wrapped ETH (WETH).

Mentions:#ETH#WETH
r/CryptoCurrencySee Comment

Just use ETH? There's no reason to use WETH on a CEX.

Mentions:#ETH#WETH#CEX
r/CryptoCurrencySee Comment

The decision to geofence USDT, DAI, WBTC, WETH and WAXL followed extensive consultation with the CSA and the Ontario Securities Commission (OSC), our principal regulator. For more information, please refer to the CSA’s announcement [here](https://www.securities-administrators.ca/news/canadian-securities-regulators-clarify-interim-approach-to-value-referenced-crypto-asset/). Bruce 🐙

r/CryptoCurrencySee Comment

> Because when you use an ETH contract via Metamask you kinda give it permission to do shit without you manually signing each txn. ETH (Ether) is the asset, Ethereum is the blockchain. It sounds like I'm being a stickler, but conflating the two make these technical discussions kind of confusing. Ether (ETH) was drained from OP's wallet. Smart contract approvals only work on ERC20s (USDT, USDC, DAI, WETH, wstETH etc...). The only way for an attacker to drain a wallet of ETH-proper is by having access to the private key or seed phrase. Meaning, OP could have given the scummiest contract in the world unlimited token approvals for all of his ERC20's and it would have nothing to do with this attack. OP's seedphrase got leaked. It is either on the internet, or someone he knows got access to the paper with it written on.

r/CryptoCurrencySee Comment

OP says, and Etherscan confirms, that ETH was drained from their wallet. Smart contract approvals only work on ERC20s (USDT, USDC, DAI, WETH, wstETH etc...). The only way for an attacker to drain a wallet of ETH-proper is by having access to the private key or seed phrase. Meaning, this attack could not have occurred simply due to OP connecting to a shady service.

r/CryptoCurrencySee Comment

This comment contains a Premium Collectible Expression, which are not available on old or new Reddit. Please deposit 0.0069 WETH to unlock.

Mentions:#WETH
r/CryptoCurrencySee Comment

>Wrapped tokens/coins are just another smart contract that represents the asset on another chain or layer. I always wondered how this works. How do they make sure that you can't double spend? Is the "original" ETH blocked on L1 while you hold your bridged WETH on Polygon?

Mentions:#ETH#WETH
r/CryptoCurrencySee Comment

WBTC has very limited pairs, and usually through a routing like WBTC > WETH > XXx

Mentions:#WBTC#WETH
r/CryptoCurrencySee Comment

Approvals are only a thing for ERC20 tokens. ETH is not an ERC20 token unless you're talking about WrappedETH (WETH).

Mentions:#ETH#WETH
r/CryptoCurrencySee Comment

I used hop.exchange to move from nova to polygon. It transfers in WETH and took about 30 minutes. Fees were low as it was all on L2.

Mentions:#WETH
r/CryptoCurrencySee Comment

This is true, and there is a reason WETH exists…

Mentions:#WETH
r/CryptoCurrencySee Comment

Name one contact that has access to anyone's ETH, n00b. Willing to bet you $1000 that you can't. TLDR ETH gets wrapped to WETH to interact with smart contacts.

Mentions:#ETH#WETH
r/CryptoCurrencySee Comment

Name one contact that has access to anyone's ETH, n00b. Willing to bet you $1000 that you can't. TLDR ETH gets wrapped to WETH to interact with smart contacts.

Mentions:#ETH#WETH
r/CryptoCurrencySee Comment

Name one contact that has access to anyone's ETH, n00b. Willing to bet you $1000 that you can't. TLDR ETH gets wrapped to WETH to interact with smart contacts.

Mentions:#ETH#WETH
r/CryptoCurrencySee Comment

No, that's not true. ETH doesn't interact with smart contracts. WETH does. OP had ETH.

Mentions:#ETH#WETH#OP
r/CryptoCurrencySee Comment

It is good to know that Uniswap is starting to charge additional fees for 11 coins. This is the list: ETH, USDC, WETH, USDT, DAI, WBTC, agEUR, GUSD, LUSD, EUROC and XSGD

r/CryptoCurrencySee Comment

According to The Block, Uniswap (UNI) plans to apply a 0.15% fee to certain cryptocurrency transactions within the web interface and wallet starting on the 17th (local time). Tokens to which fees apply are ETH, USDC, WETH, USDT, DAI, WBTC, agEUR, GUSD, LUSD, EUROC, and XSGD. In this regard, Uniswap founder Hayden Adams explained, "This action is separate from UNI Token Governance's proposal to switch the Uniswap protocol fee." The Block Research estimated that applying a 0.15% commission would increase revenue by about $1 million per day.

r/CryptoCurrencySee Comment

tldr; Uniswap will start implementing a fee of 0.15% for certain swaps on its web interface and wallet starting on October 17. The tokens affected include ETH, USDC, WETH, USDT, DAI, WBTC, agEUR, GUSD, LUSD, EUROC, and XSGD. This new fee is separate from the Uniswap Protocol fee switch and is one of the lowest in the industry. The fee is expected to generate around $1 million a day at Uniswap's current volumes. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

r/CryptoCurrencySee Comment

Yep, always with the Nova ETH and WETH on Polygon for LPs. I've got some L1 ETH for staking, that's it.

Mentions:#ETH#WETH
r/CryptoCurrencySee Comment

Nope, he turned out to be a really ungrateful person and even claimed he found out about it before I told him. I literally had to save his money because he sent WETH to his BNB address and had no clue what he would do. I converted his WETH to BNB and swapped it on Pancakeswap to Safemoon all by myself. Some people huh...

Mentions:#WETH#BNB
r/CryptoCurrencySee Comment

Correct, Santinent and OP are both trying to mislead you into thinking that the staking deposit smart contract is a whale... https://etherscan.io/accounts That one address is about 31 of the 39 million they quote. The next biggest address is the wrapped ether smart contract (WETH) with about 3.4 million. ...

Mentions:#OP#WETH
r/CryptoCurrencySee Comment

Santinent are either morons or actively trying to mislead people. They publish this same data every month, and always neglect to mention that almost all of the ether in their total comes from the staking deposit contract (over 31 million ETH), with the second largest being the Wrapped Ether (WETH) contract (3.4 million). https://etherscan.io/accounts Every time they post these stats it gets framed as if there are some huge whales holding this total, and every time people in this sub fall for it.

Mentions:#ETH#WETH
r/CryptoCurrencySee Comment

Santinent are either morons or actively trying to mislead people. They publish this same data every month, and always neglect to mention that almost all of the ether in their total comes from the staking deposit contract (over 31 million ETH), with the second largest being the Wrapped Ether (WETH) contract (3.4 million). https://etherscan.io/accounts Every time they post these stats it gets framed as if there are some huge whales holding this total, and every time people in this sub fall for it.

Mentions:#ETH#WETH
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