BITCOIN

₹58,32,982.57

2.534%

ETHEREUM

₹2,88,245.43

7.963%

TETHER USDT

₹91.09

0.001%

BNB

₹50,555.10

4.712%

SOLANA

₹15,476.48

1.51%

USDC

₹91.09

0.009%

XRP

₹54.65

0.591%

DOGECOIN

₹11.17

5.818%

CARDANO

₹35.82

3.601%

TRON

₹12.18

0.359%

AVALANCHE

₹2,481.16

5.089%

SHIBA INU

₹0.001464

5.457%

POLKADOT

₹510.47

5.29%

CHAINLINK

₹1,174.65

6.764%

BITCOIN CASH

₹31,979.68

3.949%

NEAR PROTOCOL

₹507.87

2.033%

LITECOIN

₹6,239.90

5.699%

POLYGON

₹45.52

6.186%

PEPE

₹0.001069

3.584%

INTERNET COMPUTER

₹852.04

4.14%

BITCOIN

₹58,32,982.57

2.534%

ETHEREUM

₹2,88,245.43

7.963%

TETHER USDT

₹91.09

0.001%

BNB

₹50,555.10

4.712%

SOLANA

₹15,476.48

1.51%

USDC

₹91.09

0.009%

XRP

₹54.65

0.591%

DOGECOIN

₹11.17

5.818%

CARDANO

₹35.82

3.601%

TRON

₹12.18

0.359%

AVALANCHE

₹2,481.16

5.089%

SHIBA INU

₹0.001464

5.457%

POLKADOT

₹510.47

5.29%

CHAINLINK

₹1,174.65

6.764%

BITCOIN CASH

₹31,979.68

3.949%

NEAR PROTOCOL

₹507.87

2.033%

LITECOIN

₹6,239.90

5.699%

POLYGON

₹45.52

6.186%

PEPE

₹0.001069

3.584%

INTERNET COMPUTER

₹852.04

4.14%

BITCOIN

₹58,32,982.57

2.534%

ETHEREUM

₹2,88,245.43

7.963%

TETHER USDT

₹91.09

0.001%

BNB

₹50,555.10

4.712%

SOLANA

₹15,476.48

1.51%

USDC

₹91.09

0.009%

XRP

₹54.65

0.591%

DOGECOIN

₹11.17

5.818%

CARDANO

₹35.82

3.601%

TRON

₹12.18

0.359%

AVALANCHE

₹2,481.16

5.089%

SHIBA INU

₹0.001464

5.457%

POLKADOT

₹510.47

5.29%

CHAINLINK

₹1,174.65

6.764%

BITCOIN CASH

₹31,979.68

3.949%

NEAR PROTOCOL

₹507.87

2.033%

LITECOIN

₹6,239.90

5.699%

POLYGON

₹45.52

6.186%

PEPE

₹0.001069

3.584%

INTERNET COMPUTER

₹852.04

4.14%

BITCOIN

₹58,32,982.57

2.534%

ETHEREUM

₹2,88,245.43

7.963%

TETHER USDT

₹91.09

0.001%

BNB

₹50,555.10

4.712%

SOLANA

₹15,476.48

1.51%

USDC

₹91.09

0.009%

XRP

₹54.65

0.591%

DOGECOIN

₹11.17

5.818%

CARDANO

₹35.82

3.601%

TRON

₹12.18

0.359%

AVALANCHE

₹2,481.16

5.089%

SHIBA INU

₹0.001464

5.457%

POLKADOT

₹510.47

5.29%

CHAINLINK

₹1,174.65

6.764%

BITCOIN CASH

₹31,979.68

3.949%

NEAR PROTOCOL

₹507.87

2.033%

LITECOIN

₹6,239.90

5.699%

POLYGON

₹45.52

6.186%

PEPE

₹0.001069

3.584%

INTERNET COMPUTER

₹852.04

4.14%

BITCOIN

₹58,32,982.57

2.534%

ETHEREUM

₹2,88,245.43

7.963%

TETHER USDT

₹91.09

0.001%

BNB

₹50,555.10

4.712%

SOLANA

₹15,476.48

1.51%

USDC

₹91.09

0.009%

XRP

₹54.65

0.591%

DOGECOIN

₹11.17

5.818%

CARDANO

₹35.82

3.601%

TRON

₹12.18

0.359%

AVALANCHE

₹2,481.16

5.089%

SHIBA INU

₹0.001464

5.457%

POLKADOT

₹510.47

5.29%

CHAINLINK

₹1,174.65

6.764%

BITCOIN CASH

₹31,979.68

3.949%

NEAR PROTOCOL

₹507.87

2.033%

LITECOIN

₹6,239.90

5.699%

POLYGON

₹45.52

6.186%

PEPE

₹0.001069

3.584%

INTERNET COMPUTER

₹852.04

4.14%

BITCOIN

₹58,32,982.57

2.534%

ETHEREUM

₹2,88,245.43

7.963%

TETHER USDT

₹91.09

0.001%

BNB

₹50,555.10

4.712%

SOLANA

₹15,476.48

1.51%

USDC

₹91.09

0.009%

XRP

₹54.65

0.591%

DOGECOIN

₹11.17

5.818%

CARDANO

₹35.82

3.601%

TRON

₹12.18

0.359%

AVALANCHE

₹2,481.16

5.089%

SHIBA INU

₹0.001464

5.457%

POLKADOT

₹510.47

5.29%

CHAINLINK

₹1,174.65

6.764%

BITCOIN CASH

₹31,979.68

3.949%

NEAR PROTOCOL

₹507.87

2.033%

LITECOIN

₹6,239.90

5.699%

POLYGON

₹45.52

6.186%

PEPE

₹0.001069

3.584%

INTERNET COMPUTER

₹852.04

4.14%

BITCOIN

₹58,32,982.57

2.534%

ETHEREUM

₹2,88,245.43

7.963%

TETHER USDT

₹91.09

0.001%

BNB

₹50,555.10

4.712%

SOLANA

₹15,476.48

1.51%

USDC

₹91.09

0.009%

XRP

₹54.65

0.591%

DOGECOIN

₹11.17

5.818%

CARDANO

₹35.82

3.601%

TRON

₹12.18

0.359%

AVALANCHE

₹2,481.16

5.089%

SHIBA INU

₹0.001464

5.457%

POLKADOT

₹510.47

5.29%

CHAINLINK

₹1,174.65

6.764%

BITCOIN CASH

₹31,979.68

3.949%

NEAR PROTOCOL

₹507.87

2.033%

LITECOIN

₹6,239.90

5.699%

POLYGON

₹45.52

6.186%

PEPE

₹0.001069

3.584%

INTERNET COMPUTER

₹852.04

4.14%

BITCOIN

₹58,32,982.57

2.534%

ETHEREUM

₹2,88,245.43

7.963%

TETHER USDT

₹91.09

0.001%

BNB

₹50,555.10

4.712%

SOLANA

₹15,476.48

1.51%

USDC

₹91.09

0.009%

XRP

₹54.65

0.591%

DOGECOIN

₹11.17

5.818%

CARDANO

₹35.82

3.601%

TRON

₹12.18

0.359%

AVALANCHE

₹2,481.16

5.089%

SHIBA INU

₹0.001464

5.457%

POLKADOT

₹510.47

5.29%

CHAINLINK

₹1,174.65

6.764%

BITCOIN CASH

₹31,979.68

3.949%

NEAR PROTOCOL

₹507.87

2.033%

LITECOIN

₹6,239.90

5.699%

POLYGON

₹45.52

6.186%

PEPE

₹0.001069

3.584%

INTERNET COMPUTER

₹852.04

4.14%

BITCOIN

₹58,32,982.57

2.534%

ETHEREUM

₹2,88,245.43

7.963%

TETHER USDT

₹91.09

0.001%

BNB

₹50,555.10

4.712%

SOLANA

₹15,476.48

1.51%

USDC

₹91.09

0.009%

XRP

₹54.65

0.591%

DOGECOIN

₹11.17

5.818%

CARDANO

₹35.82

3.601%

TRON

₹12.18

0.359%

AVALANCHE

₹2,481.16

5.089%

SHIBA INU

₹0.001464

5.457%

POLKADOT

₹510.47

5.29%

CHAINLINK

₹1,174.65

6.764%

BITCOIN CASH

₹31,979.68

3.949%

NEAR PROTOCOL

₹507.87

2.033%

LITECOIN

₹6,239.90

5.699%

POLYGON

₹45.52

6.186%

PEPE

₹0.001069

3.584%

INTERNET COMPUTER

₹852.04

4.14%

BITCOIN

₹58,32,982.57

2.534%

ETHEREUM

₹2,88,245.43

7.963%

TETHER USDT

₹91.09

0.001%

BNB

₹50,555.10

4.712%

SOLANA

₹15,476.48

1.51%

USDC

₹91.09

0.009%

XRP

₹54.65

0.591%

DOGECOIN

₹11.17

5.818%

CARDANO

₹35.82

3.601%

TRON

₹12.18

0.359%

AVALANCHE

₹2,481.16

5.089%

SHIBA INU

₹0.001464

5.457%

POLKADOT

₹510.47

5.29%

CHAINLINK

₹1,174.65

6.764%

BITCOIN CASH

₹31,979.68

3.949%

NEAR PROTOCOL

₹507.87

2.033%

LITECOIN

₹6,239.90

5.699%

POLYGON

₹45.52

6.186%

PEPE

₹0.001069

3.584%

INTERNET COMPUTER

₹852.04

4.14%

Home

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Coins

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Wrapped-beacon-eth

WBETH

Wrapped Beacon ETH

WBETH

₹3,02,411.92

LIVE

24H Low ₹3,01,744.15

24H High ₹3,30,113.60

Price of WBETH today

The current live price of WBETH today is ₹3,02,411.92, with a 24-hour trading volume of ₹70,51,18,753.60. Our WBETH to INR price is updated in real-time. WBETH has seen a decrease of -7.74% in the last 24 hours. With a live market cap of ₹2,76,01,95,82,650.80 , the circulating supply is at 911,844 WBETH coins, with a maximum supply of 911,844WBETH coins.

Wrapped Beacon ETH Price History

Date ComparisonAmount Change% Change
Today-₹25,729.37

7.85%

7 Days-₹23,784.39

7.3%

30 Days-₹18,093.37

5.65%

1 Year₹1,31,161.23

76.73%

Wrapped Beacon ETH Price Information

Price Change (1hr)

8.64%

Price Change (24hr)

7.85%

Price Change (7d)

7.3%

Wrapped Beacon ETH Market Stats

Market Cap

₹2,76,01,95,82,650.80

Fully Diluted Market Cap

₹2,76,01,95,82,650.80

24hr Volume

₹70,51,18,753.60

24.96%

Circulating Supply

911843.51 WBETH

Total Supply

911843.51 WBETH

Things to know about Wrapped Beacon ETH

What is Wrapped Beacon ETH (WBETH)?

Wrapped Beacon ETH (WBETH) is a liquid staking token introduced by Binance, designed to represent staked Ethereum (ETH) on a 1:1 basis. Each WBETH token is equivalent to one BETH token, representing one staked ETH on the Ethereum network and all the staking rewards accrued since the WBETH’s conversion rate was initialized. This innovative token allows holders to participate in decentralized finance (DeFi) projects while still earning staking rewards from Ethereum, providing liquidity and flexibility not available with traditional staking methods.

Tokenomics

  • 1:1 Representation:

  • 1 WBETH equals 1 BETH, representing one staked ETH and its staking rewards.

  • Accrued Rewards:

  • WBETH holders are entitled to staking rewards accrued by the corresponding BETH token.

  • Conversion Rate:

  • The conversion rate between BETH and WBETH is dynamic, reflecting the accumulation of staking rewards.

Market Data

As of today #{today’s date}, the price of Wrapped Beacon ETH is ₹3,02,411.92 INR or 3319.56 USD, with a 24-hour trading volume of 7740052.18 USD. The market capitalization for Wrapped Beacon ETH is 3029852718.45USD. The circulating supply is 911843.51 Wrapped Beacon ETH, with the total supply also being 911843.51 Wrapped Beacon ETH.

Token Pros and Cons

Pros:

  • Liquidity:

  • WBETH provides immediate liquidity for staked ETH, allowing participation in DeFi projects without unwrapping.

  • Staking Rewards:

  • Holders continue to earn staking rewards, potentially increasing the value of WBETH over time.

  • Flexibility:

  • The option to wrap and unwrap between BETH and WBETH at zero fees on Binance.

  • Accessibility:

  • Facilitates the transfer of staked ETH to other platforms or wallets, including Ethereum and Binance Smart Chain.

  • DeFi Participation:

  • Enables earning additional yield through DeFi protocols while staked ETH accrues rewards.

Cons:

  • Complexity:

  • The concept of liquid staking and the dynamic conversion rate might be complex for new users.

  • Market Risk:

  • WBETH’s value is subject to market fluctuations and the inherent volatility of the cryptocurrency market.

  • Staking Rewards Variability:

  • The number of staking rewards and, thus, the value of WBETH can vary based on Ethereum network conditions.

  • Smart Contract Risk:

  • As with any token relying on smart contracts, there’s a risk of bugs or vulnerabilities.

  • Platform Dependency:

  • While WBETH offers flexibility, its features and benefits are closely tied to Binance’s platform and policies.

Why Should You Invest in the Coin?

  • Ethereum Network Support:

  • By staking ETH for WBETH, you’re supporting the security and operations of the Ethereum network.

  • Passive Income:

  • WBETH provides a method to earn passive income through Ethereum staking rewards.

  • Innovative DeFi Opportunities:

  • Access to DeFi projects and additional yield-earning strategies while staked ETH accrues rewards.

  • Liquidity and Flexibility:

  • Immediate liquidity and the ability to participate in the broader DeFi ecosystem without locking up assets.

  • Zero Fee Wrapping/Unwrapping:

  • Binance allows users to wrap and unwrap between BETH and WBETH at no extra cost, enhancing usability.

USP of the coin

  • Liquid Staking:

  • WBETH represents a novel approach to staking, offering liquidity to staked assets that are not commonly available.

  • Dynamic Rewards:

  • The dynamic conversion rate between BETH and WBETH ensures that staking rewards are reflected in the token’s value.

  • Cross-Platform Utility:

  • WBETH can be used across different platforms and wallets, bridging the gap between staking and active DeFi participation.

Problem the coin is solving

WBETH addresses the liquidity issue associated with traditional staking methods by allowing Ethereum stakers to participate in DeFi projects without sacrificing their staking rewards. It provides a flexible solution for users wishing to earn staking rewards while maintaining liquidity and access to their assets.

Founder and team background

Given that WBETH is a product introduced by Binance, it is backed by the Binance team, which is led by CEO Changpeng Zhao (CZ), a well-known figure in the cryptocurrency industry.

ICO Price

Since WBETH is a liquid staking token rather than a traditional ICO, its dynamics are different, focusing on staking and liquidity rather than initial coin offering metrics.

Risks Associated in Investing in the Coin

  • Dependence on Ethereum’s Performance:

  • WBETH’s value is closely tied to Ethereum’s market performance and staking rewards.

  • Regulatory Risks:

  • Changes in cryptocurrency regulations could impact WBETH’s operations or liquidity.

  • Platform-Specific Risks:

  • Being a Binance product, any operational issues with Binance could affect WBETH.

  • Smart Contract Vulnerabilities:

  • Potential risks associated with smart contract bugs or exploits.

  • Market Volatility:

  • Cryptocurrency markets are highly volatile, and WBETH’s value can fluctuate significantly.

Summary of the Whitepaper

The Wrapped Beacon ETH (WBETH) whitepaper hasn’t been published yet.

Returns Calculator

One Time
Recurring

Investment Amount

Investment Period

Returns

9110

0%

WBETH to Converter

Quantity

WBETH

WBETH

Price

fiat

Price as per 03:03 AM • 25 Jul 2024

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Have a question not answered?

You can contact us at help@mudrex.com

What is the price of Wrapped Beacon ETH (WBETH)?

The current price of Wrapped Beacon ETH (WBETH) in INR is ₹3,02,411.92 INR.

What is the current WBETH market cap?

The current market capitalization of Wrapped Beacon ETH (WBETH) is ₹2,76,01,95,82,650.80 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of WBETH by the number of coins in circulation.

What is the current supply of Wrapped Beacon ETH (WBETH)?

The current supply of Wrapped Beacon ETH (WBETH) is 911843.51 WBETH. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of Wrapped Beacon ETH (WBETH)?

The 24-hour trading volume of Wrapped Beacon ETH (WBETH) in INR is ₹70,51,18,753.60. This figure represents the total value of all WBETH transactions across various exchanges within the last 24 hours.

How to Buy Wrapped Beacon ETH (WBETH) in India?

To buy Wrapped Beacon ETH (WBETH) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in WBETH.

Can I buy Wrapped Beacon ETH (WBETH) with UPI?

Yes, you can buy Wrapped Beacon ETH (WBETH) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert Wrapped Beacon ETH (WBETH) to Indian Rupee (INR)?

To convert Wrapped Beacon ETH (WBETH) to Indian Rupee (INR), you can use our WBETH/INR conversion rates in real time.

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