Project basic information
Total Supply: 7,199,000
WETH coin is a "packaged ETH" digital currency issued by RadarRelay Exchange on January 14, 2018, with a total issuance of 1,153,917WETH. As ERC-20 is created after ETH, ETH is not compatible with THE token of ERC-20, resulting in packaging WETH, which makes them compatible with each other. With WETH Coin, people can use ETH directly to trade with other tokens on decentralized platforms, such as RadarReplay. Because Ethereum's decentralized platform uses smart contracts to facilitate direct transactions between users, users need the tokens they trade to follow a unified format. This ensures that the token won't get lost in the process of trading.