(Wrapped wrapped in ETH) (Wrapped ETH) Ethereum token that is compliant with the standard ERC-20 for tokens that is a plethora of other cryptocurrency in the Ethereum blockchain. Ethereum’s original ETH crypto was used prior to the time that the Ethereum community accepted ERC-20 which is “Ethereum RFC-20.” Users are able to “wrap” their Ethereum into wETH and exchange their wETH using other tokens of ERC-20. If users wish to convert their ETH back to native Ethereum then users “unwrap” their WETH.
ERC-20 to be Compliant in the future
Based on the weth.io website The Ethereum native weth to php will soon be ERC-20-compliant. Check out the Ethereum Crypto and token glossaries.
Philippine Peso to WETH Rate (WETH/PHP) Yearly Chart
The Philippine peso has increased in value. When foreign currencies in the spot market , on 06/04/2022 the rate of exchange for 1 WETH was 95,178.60 Philippine pesos, which is -1.69 percentage less than the period from 06/02/2022. In general, throughout the month , the exchange rate experienced significant fluctuations, with the WETH exchange rate falling over the Philippine peso of -34.14 percent.
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