Lido wstETH Price Hits $1,284.60 on Top Exchanges (WSTETH)

Lido wstETH (WSTETH) traded up 0.6% against the US dollar during the 1-day period ending at 20:00 PM Eastern on November 24th. One Lido wstETH token can now be bought for $1,284.60 or 0.07767615 BTC on popular exchanges. During the last week, Lido wstETH has traded 2.5% lower against the US dollar. Lido wstETH has a total market capitalization of $948.41 million and $44.96 million worth of Lido wstETH was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

  • KILT Protocol (KILT) traded down 11.3% against the dollar and now trades at $0.37 or 0.00002254 BTC.
  • Aidi Finance (BSC) (AIDI) traded 8.8% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 1.6% higher against the dollar and now trades at $0.0456 or 0.00000275 BTC.
  • CareCoin (CARES) traded 1.6% higher against the dollar and now trades at $0.0566 or 0.00000341 BTC.
  • OmniaVerse (OMNIA) traded up 3.5% against the dollar and now trades at $0.0012 or 0.00000007 BTC.
  • 2G Carbon Coin (2GCC) traded 3% higher against the dollar and now trades at $1,436.69 or 0.08662447 BTC.
  • Kitty Inu (KITTY) traded 1.6% higher against the dollar and now trades at $80.13 or 0.00483120 BTC.
  • Lunar (LNR) traded 3.1% higher against the dollar and now trades at $0.0602 or 0.00000363 BTC.
  • Hokkaidu Inu (HOKK) traded 15.4% lower against the dollar and now trades at $0.0004 or 0.00000002 BTC.
  • QANplatform (QANX) traded 1.6% higher against the dollar and now trades at $4,916.09 or 0.29641368 BTC.

Lido wstETH Profile

Lido wstETH’s launch date was December 16th, 2020. Lido wstETH’s total supply is 646,650 tokens. Lido wstETH’s official Twitter account is @lidofinance. Lido wstETH’s official website is www.lido.fi.

According to CryptoCompare, “An ERC20 token that represents the account's share of the total supply of stETH tokens. WstETH token's balance only changes on transfers, unlike StETH that is also changed when oracles report staking rewards and penalties. It's a “power user” token for DeFi protocols which don't support rebasable tokens.The contract is also a trustless wrapper that accepts stETH tokens and mints wstETH in return. Then the user unwraps, the contract burns user's wstETH and sends user locked stETH in return.The contract provides the staking shortcut: user can send ETH with regular transfer and get wstETH in return. The contract will send ETH to Lido submit method, staking it and wrapping the received stETH.”

Lido wstETH Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Lido wstETH directly using U.S. dollars. Investors seeking to acquire Lido wstETH should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Lido wstETH using one of the aforementioned exchanges.

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