Coinbase Wrapped Staked ETH Trading Down 8.8% Over Last Week (CBETH)

Coinbase Wrapped Staked ETH (CBETH) traded 2.7% higher against the U.S. dollar during the 24-hour period ending at 9:00 AM E.T. on December 19th. Coinbase Wrapped Staked ETH has a total market cap of $380.85 million and $5.08 million worth of Coinbase Wrapped Staked ETH was traded on exchanges in the last 24 hours. During the last week, Coinbase Wrapped Staked ETH has traded down 8.8% against the U.S. dollar. One Coinbase Wrapped Staked ETH token can now be bought for about $3,293.91 or 0.03744080 BTC on major cryptocurrency exchanges.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 up 0.6% against the dollar and now trades at $87,962.59 or 0.99984133 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Coinbase Wrapped Staked ETH Profile

Coinbase Wrapped Staked ETH was first traded on August 23rd, 2022. Coinbase Wrapped Staked ETH’s total supply is 373,334 tokens and its circulating supply is 115,621 tokens. Coinbase Wrapped Staked ETH’s official Twitter account is @coinbaseassets and its Facebook page is accessible here. Coinbase Wrapped Staked ETH’s official website is www.coinbase.com/price/coinbase-wrapped-staked-eth.

According to CryptoCompare, “Coinbase Wrapped Staked ETH (cbETH) is a utility token that represents ETH2, which is ETH staked through Coinbase.Whitepaper”

Buying and Selling Coinbase Wrapped Staked ETH

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

CBETH/USD price chart by TradingView