Coinbase Wrapped Staked ETH (CBETH) Price Reaches $2,430.63 on Major Exchanges

Coinbase Wrapped Staked ETH (CBETH) traded 2% higher against the U.S. dollar during the 1 day period ending at 7:00 AM ET on March 2nd. Coinbase Wrapped Staked ETH has a total market capitalization of $332.89 million and $1.15 million worth of Coinbase Wrapped Staked ETH was traded on exchanges in the last 24 hours. During the last seven days, Coinbase Wrapped Staked ETH has traded down 20.4% against the U.S. dollar. One Coinbase Wrapped Staked ETH token can currently be bought for $2,430.63 or 0.02833787 BTC on major exchanges.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Taiko (TAIKO) traded down 1.8% against the dollar and now trades at $0.95 or 0.00001110 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 2.2% lower 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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 1.5% higher against the dollar and now trades at $85,688.22 or 0.99900712 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.6% higher against the dollar and now trades at $85,559.90 or 0.99751103 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Coinbase Wrapped Staked ETH Profile

Coinbase Wrapped Staked ETH launched on August 23rd, 2022. Coinbase Wrapped Staked ETH’s total supply is 373,734 tokens and its circulating supply is 136,956 tokens. Coinbase Wrapped Staked ETH’s official website is www.coinbase.com/price/coinbase-wrapped-staked-eth. Coinbase Wrapped Staked ETH’s official Twitter account is @coinbaseassets and its Facebook page is accessible here.

According to CryptoCompare, “CBETH is a token that represents staked ETH on the Ethereum 2.0 network. It allows users to participate in staking without having to lock up their ETH or run a validator node. CBETH can be traded on DeFi platforms and used as collateral for lending and borrowing. CBETH was created by Coinbase, a cryptocurrency exchange platform. It can be used to participate in Ethereum 2.0 staking indirectly, trade on DeFi platforms, use as collateral for lending and borrowing, and enhance liquidity in the Ethereum ecosystem. CBETH is a wrapped token, which means that it is backed by a certain amount of ETH. When you purchase CBETH, you are essentially buying a claim to a portion of the ETH that has been staked on the Ethereum 2.0 network. You will receive staking rewards proportional to your CBETH holdings.”

Coinbase Wrapped Staked ETH Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Coinbase Wrapped Staked ETH directly using US dollars. Investors seeking to acquire Coinbase Wrapped Staked ETH should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Coinbase Wrapped Staked ETH using one of the exchanges listed above.

CBETH/USD price chart by TradingView