Lido wstETH (WSTETH) traded up 5% against the US dollar during the 1-day period ending at 10:00 AM E.T. on July 15th. Lido wstETH has a market capitalization of $13.77 billion and approximately $29.14 million worth of Lido wstETH was traded on exchanges in the last day. One Lido wstETH token can now be bought for about $3,926.54 or 0.06233400 BTC on cryptocurrency exchanges. Over the last week, Lido wstETH has traded 10.5% higher against the US dollar.
Here’s how similar cryptocurrencies have performed over the last day:
- KILT Protocol (KILT) traded 2.1% higher against the dollar and now trades at $0.19 or 0.00000303 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
- CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
- Kitty Inu (KITTY) traded up 1.9% 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 0.5% against the dollar and now trades at $0.0131 or 0.00000021 BTC.
- AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
About Lido wstETH
Lido wstETH was first traded on December 16th, 2020. Lido wstETH’s total supply is 3,507,826 tokens. Lido wstETH’s official website 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.”
Lido wstETH Token Trading
It is usually not possible to buy alternative cryptocurrencies such as Lido wstETH directly using US dollars. Investors seeking to acquire Lido wstETH should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Lido wstETH using one of the aforementioned exchanges.
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