Lido wstETH (WSTETH) traded 5.4% lower against the dollar during the 1-day period ending at 17:00 PM ET on July 25th. Lido wstETH has a market capitalization of $13.21 billion and $58.13 million worth of Lido wstETH was traded on exchanges in the last day. One Lido wstETH token can now be purchased for about $3,726.21 or 0.05649541 BTC on major cryptocurrency exchanges. In the last seven days, Lido wstETH has traded 6.8% lower against the dollar.
Here is how other cryptocurrencies have performed in the last day:
- KILT Protocol (KILT) traded down 3.9% against the dollar and now trades at $0.18 or 0.00000277 BTC.
- Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 2.2% lower 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 1.5% higher against the dollar and now trades at $0.0131 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 launched on December 16th, 2020. Lido wstETH’s total supply is 3,545,583 tokens. Lido wstETH’s official Twitter account is @lidofinance. Lido wstETH’s official website is www.lido.fi.
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 acquire Lido wstETH should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Lido wstETH using one of the aforementioned exchanges.
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