I'm trying to figure out how to convert or wrap Beth into Wbeth. I've heard about this process but am not sure of the specific steps involved. Can someone guide me through the process?
6 answers
Alessandro
Sat Jan 04 2025
On-chain users have the opportunity to stake their
ETH tokens to acquire WBETH.
Lucia
Fri Jan 03 2025
This process involves interacting with the official smart contract provided by Binance.
Martino
Fri Jan 03 2025
Specifically, they can wrap their BETH tokens to convert them into WBETH, and vice versa, at no additional fees.
Bianca
Fri Jan 03 2025
By staking their ETH, users essentially lock their tokens in a contract to earn rewards.
Matteo
Fri Jan 03 2025
In return, they receive WBETH, which is a wrapped version of ETH specifically designed for use on Binance.