Lido wstETH 1-Day Trading Volume Tops $43.72 Million (WSTETH)

Lido wstETH (WSTETH) traded 2.3% higher against the US dollar during the one day period ending at 9:00 AM ET on November 24th. Lido wstETH has a market cap of $948.41 million and $43.72 million worth of Lido wstETH was traded on exchanges in the last day. One Lido wstETH token can currently be purchased for approximately $1,281.52 or 0.07756609 BTC on popular cryptocurrency exchanges. Over the last seven days, Lido wstETH has traded down 1.1% against the US dollar.

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

  • KILT Protocol (KILT) traded 1.5% lower against the dollar and now trades at $0.42 or 0.00002548 BTC.
  • Aidi Finance (BSC) (AIDI) traded 0.4% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded up 2.5% against the dollar and now trades at $0.0453 or 0.00000273 BTC.
  • CareCoin (CARES) traded 2.5% higher against the dollar and now trades at $0.0562 or 0.00000339 BTC.
  • OmniaVerse (OMNIA) traded 1.3% lower against the dollar and now trades at $0.0011 or 0.00000007 BTC.
  • 2G Carbon Coin (2GCC) traded 0.1% higher against the dollar and now trades at $1,418.68 or 0.08561513 BTC.
  • Kitty Inu (KITTY) traded up 2.5% against the dollar and now trades at $79.56 or 0.00480108 BTC.
  • Lunar (LNR) traded up 18.9% against the dollar and now trades at $0.0600 or 0.00000362 BTC.
  • Hokkaidu Inu (HOKK) traded 22.7% higher against the dollar and now trades at $0.0004 or 0.00000003 BTC.
  • QANplatform (QANX) traded 2.5% higher against the dollar and now trades at $4,881.09 or 0.29456587 BTC.

About Lido wstETH

Lido wstETH was first traded on December 16th, 2020. Lido wstETH’s total supply is 646,650 tokens. The official website for Lido wstETH is www.lido.fi. Lido wstETH’s official Twitter account is @lidofinance.

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 presently possible to purchase alternative cryptocurrencies such as Lido wstETH directly using US dollars. Investors seeking to acquire Lido wstETH should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Lido wstETH using one of the exchanges listed above.

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