When do I need WETH?
Wrapped Ethereum (WETH) refers to the ERC-20 compatible version of Ethereum (ETH). Pegged to ETH at a 1:1 ratio, WETH is a currency that is used to make an offer and sell NFTs in an auction on BMall.
This guide explains:
- When making an offer for an NFT in an auction
- When selling your NFT in an auction
Keep in mind that WETH isn’t needed every time you want to trade. However, the use cases above are likely to occur at some point in the future, so make sure to bookmark this page 😉
Please note that tokens other than ETH on the Ethereum Network can also be used.
Only have ETH in your wallet? Don’t worry, BMall’s got you.
Convertthen enter the amount you wish to convert. If you want to convert WETH to ETH, click the arrow symbol.