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Tutorial

ETH vs WETH: Understanding the Difference and Their Roles in Ethereum

  • ETH: Used for gas fees, transactions, and interacting directly with the Ethereum network.
  • WETH: Primarily used within decentralized applications and protocols that require ERC-20 tokens, such as decentralized exchanges (e.g., Uniswap) or lending platforms.
  • ETH can be wrapped into WETH and vice versa. There is no change in value—1 ETH always equals 1 WETH.

Oct 24, 2024
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