Lido wstETH (WSTETH) traded up 0.9% against the US dollar during the 24 hour period ending at 23:00 PM ET on July 25th. One Lido wstETH token can currently be purchased for approximately $3,773.48 or 0.05628246 BTC on popular exchanges. Lido wstETH has a market cap of $13.39 billion and approximately $52.38 million worth of Lido wstETH was traded on exchanges in the last 24 hours. Over the last week, Lido wstETH has traded down 5.8% against the US dollar.
Here is how similar cryptocurrencies have performed over the last 24 hours:
- KILT Protocol (KILT) traded 0.5% higher against the dollar and now trades at $0.19 or 0.00000278 BTC.
- Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
- Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
- CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
- Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
- Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
- Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
- Lumi Credits (LUMI) traded up 2.2% against the dollar and now trades at $0.0132 or 0.00000020 BTC.
- AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
Lido wstETH Token Profile
Lido wstETH was first traded on December 16th, 2020. Lido wstETH’s total supply is 3,547,535 tokens. The official website for Lido wstETH is www.lido.fi. Lido wstETH’s official Twitter account is @lidofinance.
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.”
Buying and Selling Lido wstETH
It is usually not currently possible to buy alternative cryptocurrencies such as Lido wstETH directly using US dollars. Investors seeking to trade Lido wstETH should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Lido wstETH using one of the aforementioned exchanges.
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