How To Add Wrapped Ether (WETH) To Metamask
Wrapped Ether or WETH is simply the Wrapped version of the Ether (ETH) token. WETH is pegged to the native Ether token on a 1:1 ratio and you can convert ETH to WETH through a process known as Wrapping.
While Ether (ETH) is the native token for the Ethereum network, it has limited capabilities and can only be used to cover gas fees in most cases. Since ETH doesn’t follow the ERC-20 standard, WETH is used in place of ETH on many platforms and DApps for trading directly with ALT tokens, NFT trading, providing liquidity, and crypto lending amongst others.
Metamask on the other hand is unarguably the most popular non-custodial cryptocurrency wallet right now. The wallet is available on a wide range of devices and can be used to store, trade, send, and receive various cryptocurrencies and crypto assets across multiple (compatible) blockchains.
The WETH token is available on the Ethereum blockchain and a handful of other networks including Polygon, Fantom, BSC, and more for use in their various ecosystems.
If you’re a Metamask user who’s currently searching for how to add WETH to your Metamask wallet, you’re on the right page. In this article, you will learn how to add WETH to Metamask easily on Ethereum and other EVM-compatible networks.
How To Add WETH To Metamask (Quick Guide)
- Launch the Metamask extension or mobile app and unlock your account.
- Scroll down to the bottom of the page and click on [import tokens].
- Search for WETH and select the correct option from the search results.
- Click on [Next].
- Finally, click on [Import token] to add WETH to your Metamask wallet.
How To Add WETH To Your Metamask Wallet (Step By Step Guide)
The Ethereum DeFi ecosystem is the largest in the crypto space and WETH on the Ethereum network is the most popular version of the WETH token.
We generally recommend you add Wrapped Ether (WETH) to your Metamask wallet on the Ethereum network unless you intend to use WETH on Metamask via other networks due to specific reasons.
To add the WETH token to your Metamask wallet on Ethereum, you first need to ensure that the Ethereum Mainnet is selected as the default network on your wallet.
Once your wallet is connected to the Ethereum mainnet, you can then import the Wrapped Ether token to your wallet directly on the Metamask interface.
Below is a step-by-step guide on how to add WETH to your Metamask wallet easily.
Step 1: Launch Metamask and unlock your wallet.
First, launch the Metamask extension on your web browser by clicking on the Metamask icon, then enter the account password to unlock your wallet.
If you’re on mobile, launch the Metamask mobile app by tapping on the Metamask app icon, then enter your account password or biometrics information to unlock your wallet.
Step 2: Ensure Ethereum is the selected network.
Since we’re adding the WETH token to Metamask on the Ethereum Network (ERC-20), you want to make sure that the Ethereum Mainnet is selected as the default network on your wallet.
By default, the Ethereum mainnet should be the selected network on your wallet, but if you have switched networks in the past, then click on the network dropdown box and select “Ethereum Mainnet” from the list of available networks.
Step 3: Click on [Import tokens].
Now that your wallet is connected to the Ethereum Mainnet, scroll down to the bottom of the Metamask main window and click on [Import tokens].
Step 4: Search for “WETH” and select it from the list, then click [Next].
On the token import page, search for the WETH token by typing in “WETH” in the search field and then selecting [Wrapped Ether (WETH)] from the search results. The correct WETH token is usually the first one on the search results list.
After that, click on [Next].
Step 5: Click on [Import tokens] to add WETH to your Metamask wallet.
Finally, click on [Import tokens] to add the Wrapped Ether (WETH) token to your wallet on the Metamask browser extension.
Once the token has been added, you can go back to the Metamask home window to view your WETH balance.
With this, you have successfully added the WETH token to your Metamask wallet on the Ethereum network (ERC-20).
How To Add WETH To Metamask On Other Networks.
There are many versions of the Wrapped Ether token (WETH) available for use across different blockchains not just on Ethereum.
Some of these blockchains are compatible with the Ethereum virtual machine meaning that WETH can be added to your Metamask wallet via a handful of these blockchains where the token is available on.
Below, you will find out how to add WETH to Metamask on EVM-compatible blockchains including Polygon (formerly, MATIC), and the Binance Smart Chain (BSC).
How To Add WETH To Metamask On The Polygon Network
The Wrapped Ether token (WETH) is available on the Polygon (MATIC) network.
To add WETH to Metamask on Polygon, simply copy the contract address of Polygon WETH then input the address in the token import window and click on [Import tokens] to import the token to your wallet.
Below is how you can add WETH To Metamask on the Polygon Network.
1. Copy the WETH token contract address for the Polygon network.
To add the WETH token to your Metamask wallet on Polygon, you first need to get the contract address for the Wrapped Ether token on Polygon.
To do this, go to the WETH token page on CoinMarketCap. On the page, click on [More], then scroll down on the dialog box until you find the contract address for WETH on the Polygon network.
Now, click on the Copy icon next to the WETH Polygon contract address to copy it to your device clipboard.
2. Launch Metamask, unlock your wallet, and ensure Polygon is the selected network.
Launch the Metamask extension by clicking on the Metamask icon in the extensions area of your browser. Enter your account password and click on [Unlock] to unlock your wallet.
Since we will be adding the Wrapped Ether token (WETH) to Metamask on the Polygon network, you will want to ensure that the Polygon network has been added to your Metamask wallet and selected as the default network
If you haven’t added the Polygon Mainnet to your Metamask wallet, we have a good tutorial on how to add the Polygon network to Metamask on both the extension and mobile app. You will need to follow the steps in that guide to add the Polygon (MATIC) network to your Metamask wallet before moving ahead with this guide.
Once you have added the Polygon network to your wallet, select it as the default network as illustrated in the screenshot below.
3. Scroll down and click on [Import tokens].
Now that you have added (and selected) the Polygon network as the default network on your Metamask wallet, go back to the Metamask main window and scroll down.
At the bottom of the page, click on [Import tokens].
4. Paste the Contract Address and click [Add Custom Token].
On the token import window, paste the WETH contract address that you copied earlier from the CoinMarketCap website in the contract address field and wait a few seconds for Metamask to fetch the Token Symbol and Decimal automatically.
Once that’s done, click on [Add Custom Token].
5. Click on [Import tokens] to add WETH to Metamask on Polygon.
Finally, click on [Import tokens] to add WETH to your Metamask wallet on the Polygon network.
With this, you have successfully added WETH to Metamask on Polygon.
How To Add WETH To Metamask On The Binance Smart Chain (BSC)
WETH is available on the Binance Smart Chain and since the BSC is an EVM-compatible network, you can add easily add WETH to your Metamask wallet on the Smart Chain once you have the network configured on your wallet.
Below is how you can add the WETH token to Metamask on the BSC network.
1. Copy the WETH contract address for the Binance Smart Chain (BEP-20 WETH).
To add the WETH token to your Metamask wallet on the Binance Smart Chain, you first need to get the contract address for the WETH token on BSC.
To do this, go to the Wrapped Ether (WETH) token page on CoinMarketCap. On the page, click on [More], then scroll down on the dialog box until you find the WETH contract address for the BNB Smart Chain (BEP20) network.
Now, click on the Copy icon next to the WETH BEP-20 contract address to copy the address to your device clipboard.
2. Launch Metamask, unlock your wallet, and ensure the Binance Smart Chain is the selected network.
Launch the Metamask extension by clicking on the Metamask icon in the extensions area of your browser. Enter your account password and click on [Unlock] to unlock your wallet.
Since we will be adding Wrapped Ether (WETH) to Metamask on the Binance Smart Chain, you will want to ensure that the BSC Network has been added and selected as the default network on your Metamask wallet.
If you haven’t added the Binance Smart Chain to your Metamask wallet, we have a comprehensive tutorial on how to add the BSC network to Metamask on both the extension and mobile app. You will need to follow the steps in that article to add the BSC network to your Metamask wallet before moving forward with this guide.
Once you have added the Binance Smart Chain to your wallet, select it as the default network as illustrated below.
3. Scroll down and click on [Import tokens].
Now that you have added and selected the Binance Smart Chain network as the default network on your Metamask wallet, go back to the Metamask main window and scroll down to the bottom.
At the bottom of the page, click on [Import tokens].
4. Paste the Contract Address and click [Add Custom Token].
On the token import window, paste the WETH contract address you copied earlier from CoinMarketCap and wait a few seconds for Metamask to fill in the Token Symbol and Decimal automatically.
Once that’s done, click on [Add Custom Token].
5. Click on [Import tokens] to add WETH to Metamask on the BSC Network.
Finally, click on [Import tokens] to add WETH to your Metamask wallet on the Binance Smart Chain network.
With this, you have successfully added WETH to Metamask on the Binance Smart Chain.
How Does One Convert From ETH to WETH on MetaMask?
Converting ETH to WETH is a process known as “wrapping” and it can be done directly on your Metamask wallet.
Wrapping simply means locking some ETH tokens in a smart contract and then getting Wrapped ETH back. Both ETH and WETH have the same value and you can convert from one to another on Metamask easily.
To convert ETH to WETH on Metamask, you must first ensure that you have added WETH to your wallet using the guide above. You also need to have some ETH on your wallet which will be converted to WETH i.e “wrapped”.
Once WETH is added to your wallet and you also have some ETH available, launch Metamask and select the “Ethereum Mainnet” as the default network on your wallet.
Now, click on [Swap].
Next, search for “weth” in the “Swap To” section and select the correct Wrapped Ether (WETH) token from the search results.
Input the amount of ETH you intend to convert to WETH and click on [Review Swap] to review the transaction.
Finally, review the quotes and estimated gas fees then click on [Swap] to complete your transaction.
Once the transaction completes, go back to the Metamask main window and refresh your balances to view your newly converted WETH balance.
Can You Send WETH to Your Metamask ETH Address?
On Metamask, your ETH address and WETH address are the same so yes, you can send WETH to your Metamask ETH address.
Metamask provides only one default wallet address to be used across all the different blockchains you add to your wallet. For instance, your Metamask BEP-20 wallet address is the same as your ERC-20 wallet address, MATIC wallet address, and so on.
Wrapping Up
Wrapped Ether, also known as WETH is the wrapped version of the native Ether token. It holds the same value as ETH and as an ERC-20 token, WETH allows you to trade ETH for other ERC-20 tokens, purchase NFTs on platforms like Opensea, provide liquidity on various liquidity pools, and more.
There are a few ways to add the WETH token to your Metamask wallet and this depends on the network you intend to use WETH on. The token is currently available on several blockchains and some of these chains are compatible with Metamask.
You can add WETH to your Metamask wallet on the Ethereum network by simply selecting the Ethereum Mainnet as the default network on your wallet. After that, click on [import tokens] at the bottom of the page, search for WETH then add the token to your wallet.
On other networks like Polygon, and the Binance Smart Chain, you first need to copy the correct contract for WETH on the network you intend to add the token to.
Once you have the correct contract address, head over to your Metamask wallet and select your network of choice then add WETH to your wallet that network using the contract address you copied.
And that’s about it. If you were searching for a tutorial on how to add WETH to your Metamask wallet, we hope you found this guide helpful.
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Чтобы добавить токен WETH (Wrapped Ether) в Metamask, вам потребуется адрес контракта токена. Адрес контракта можно найти на сайте Etherscan.io. Обратите внимание, что перед добавлением нового токена нужно тщательно проверить адрес контракта, чтобы избежать потери средств из-за ошибки или мошенничества.
Вот как добавить токен WETH в Metamask:
- Откройте приложение Metamask и войдите в свой аккаунт.
- Нажмите на кнопку «Add Token» (Добавить токен) внизу списка ваших токенов.
- В открывшемся окне выберите вкладку «Custom Token» (Пользовательский токен).
- В поле «Token Contract Address» (Адрес контракта токена) вставьте адрес контракта токена WETH, который вы можете найти на Etherscan.io.
- После вставки адреса контракта, остальные поля («Token Symbol» и «Decimals of Precision») должны заполниться автоматически.
- Нажмите на кнопку «Next» (Далее), затем проверьте информацию о токене и нажмите «Add Tokens» (Добавить токены).
Теперь WETH должен быть виден в списке ваших токенов в Metamask. Если вы отправите WETH на свой адрес в Metamask, они будут отображаться здесь.
Как обменять токен WETH на ETH в Metamask
Обменять токен WETH (Wrapped Ether) на ETH (Ethereum) можно с помощью функции «Swap» в Metamask. Это делается следующим образом:
- Откройте Metamask и выберите нужный вам кошелек.
- Нажмите на кнопку «Swap» в главном окне кошелька Metamask.
- В открывшемся окне выберите WETH в поле «From» (Откуда) и ETH в поле «To» (Куда). Введите сумму, которую вы хотите обменять.
- Нажмите на кнопку «Get Quotes» (Получить котировки). Metamask теперь будет искать лучшие цены для вашего обмена через различные децентрализованные биржи (такие как Uniswap, SushiSwap, и др.).
- Когда цены будут найдены, выберите лучший вариант и нажмите «Swap».
- Подтвердите транзакцию. Вам потребуется заплатить комиссию за газ для выполнения транзакции.
После подтверждения транзакции и ее майнинга в сети Ethereum, вы получите ваши ETH.
Обратите внимание, что комиссии за газ могут быть высокими в зависимости от текущей загруженности сети Ethereum. Используйте функцию «Swap» с умом и учтите все возможные комиссии.
Адрес контракта токена WETH в Metamask
Адрес контракта для Wrapped Ether (WETH) может быть различным в зависимости от сети, в которой вы работаете. Однако, если вы работаете в основной сети Ethereum (Ethereum Mainnet), общепринятым адресом контракта для WETH является:
Этот адрес вы можете использовать для добавления WETH в свой кошелек Metamask. Не забудьте всегда дважды проверять адрес контракта на официальных ресурсах или на Etherscan перед тем, как производить какие-либо транзакции.
И помните, что вмешательство в транзакции с криптовалютами требует осторожности и понимания рисков.
Add WETH to MetaMask
Summary: The best way to add the WETH contract address on any network to your MetaMask Wallet is with the Coingecko platform. Their WETH Page has a list of all contract addresses for the token on Ethereum, Polygon, Arbitrum and other networks. With this feature, DeFi users can easily add the WETH token to their MetaMask at the click of a button.
How to Add Wrapped Ethereum (WETH) to MetaMask
As mentioned above, the best way to add Wrapped Ethereum (WETH) to your MetaMask Wallet is through Coingecko. Their website aggregates all of the contract addresses for the WETH token and provides them to users in a user friendly way.
You can get it done in less than 10 seconds with this simple guide:
- Visit the CoinGecko WETH Page.
- Click the 'Contract' button underneath 'Info' on the top right of the page.
- Find the network that you want to add the WETH token to on your MetaMask Wallet.
- Select the MetaMask logo icon and it will automatically add it to your MetaMask Wallet.
What is WETH vs ETH?
WETH (Wrapped Ethereum) is an ERC-20 token that represents Ethereum on Ethereum's blockchain. It is "wrapped" in the sense that it is a standard ERC-20 token that can be easily traded on decentralized exchanges (DEXs) and used in smart contracts, but it is backed 1-to-1 by actual Ethereum. This means that one WETH is equivalent to one ETH. Wrapping Ethereum in this way allows it to be easily used in the same way as other ERC-20 tokens in decentralized finance (DeFi) applications.
ETH, short for Ethereum, is the native cryptocurrency of the Ethereum blockchain. It is used to pay for transactions and computational services on the network. It can also be traded on cryptocurrency exchanges, and used in smart contracts and decentralized applications (dApps) built on Ethereum.
Is WETH Safe?
Yes, WETH is safe and fully backed 1:1 by Ethereum (ETH). It is always redeemable for ETH through decentralized, non-custodial trading platforms like Uniswap and Sushiswap. This means that users can easily convert their wrapped ETH back to regular ETH if they choose.
Final Thoughts
In conclusion, Coingecko is the most efficient and user-friendly platform for adding the verified contract for Wrapped Ethereum (WETH) to your MetaMask Wallet. With an easy-to-use interface and access to contract addresses across various networks, you can quickly add WETH to your wallet in just a few clicks. WETH is a safe, fully-backed ERC-20 token that simplifies DeFi interactions, making it an essential component for anyone involved in the decentralized finance ecosystem.
How to convert WETH to ETH Metamask [ Cheapest Way ]
Ether (or ETH) is the Ethereum blockchain’s native token, mainly used to pay transaction fees (also known as gas fees) for transactions performed on the Ethereum blockchain.
ETH was created before the ERC-20 standard, but it does not meet those requirements. So Wrapped Ether (WETH) is introduced, and it is used to trade directly with other ERC-20-compliant crypto tokens. Tokens that meet these requirements are interoperable and can be used in transactions on ERC-20-compliant blockchains.
If the holder wishes to use ETH in ERC-20 compliant decentralized applications (DApps), blockchains, or decentralized autonomous organizations, the ETH must be converted into WETH (DAO). It can also be converted to WETH if the holder wants to use it.
TABLE OF CONTENTS
Difference between WETH and ETH
They are, indeed. WETH is compliant with the ERC-20 standard, but ETH is not. Because ETH could not be used for various DeFi applications, WETH was invented. As a result, packaging the ETH token in an ERC-20 compatible standard allowed it to be used across various dApps. This also implies that users can develop their own tokens for their own DeFi applications.
It is now comparable to ETH in the case of WETH. There is no pricing difference between ETH and WETH as a result of this. As a result, if you want to utilize your ETH to participate in a bespoke dApp, you can easily convert it to WETH using a dApp like 1inch and then use it as usual.
Keep in mind that ERC-20 is a technical standard for producing Ethereum-based coins. It just specifies the token’s characteristics. The notable characteristic of the ERC-20 token is that it is fungible, meaning that one token may always be exchanged for another of equal value.
MetaMask
MetaMask is a cryptocurrency software wallet that allows users to save and manage account keys, broadcast transactions, transfer and receive Ethereum-based coins and tokens, and securely connect to decentralized applications through a web browser.
The development of a personal internal wallet is one of MetaMask’s most useful features. The user’s private keys cannot be hacked if they choose a strong password. Because of the encrypted connection, no third party can access the funds, making MetaMask secure to use on both public and private Wi-Fi networks.
It has free and open-source software so users can back up their accounts with the wallet’s hierarchical deterministic settings. It features ShapeShift and is integrated with Coinbase to make exchanging ETH and other ERC-20 tokens simple. It has a simple and easy interface to use. MetaMask offers dependable client service.
Ethereum
Ethereum is a developed blockchain that may be used for a variety of things, such as DeFi, smart contracts, and NFTs.
Similar to bitcoin, investors can buy and hold ether as a long-term investment in the hopes that its value will rise over time. However, as with any cryptocurrency investment, the price of ether is expected to fluctuate a lot, particularly in the short term.
MetaMask is a wallet for Ethereum, and it is the world’s most varied blockchain. It acts as an entry point to the DeFi ecosystem, non-fungible tokens, ERC-20 tokens, and all other Ethereum offerings. It is also on the iOS and Android app platforms.
Here are the steps on how to convert WETH to ETH?
Step 1: First, go to the UniSwap website and then Uniswap.
Step 2: Open Uniswap and check whether your selected network is also Ethereum.
Step 3: Create your MetaMask account and connect your MetaMadk wallet.
Step 4: Select ETH and WETH at the top and bottom. Then click [Select a token]. If you select a token, you might see WETH above the list.
Step 5: Enter the amount of WETH you want to unwrap and then click swap.
Step 6: Now, confirm the transition, and don’t forget to pay your gas fees.
Step 7: Then click the connect MetaMask to it and agree to Unwrap.
Step 8: Now, open your MetaMask and make sure you are connected to Ethereum Mainnet.
Step 9: Now click swap and search for WETH.
Step 10: Enter the amount you want to swap and then confirm now; you will see a conversation rate.
Step 11: Check the conversion rate and confirm your transaction.
Frequently asked questions
What is the purpose of WETH?
The main goal of the wETH ERC-20 token is to simplify the trading of ether for other ERC-20 tokens. Without a doubt, this is yet another twist in the present growth of tokenomics, or the internet of money. The main goal of the wETH ERC-20 token is to simplify the trading of ether for other ERC-20 tokens. Without a doubt, this is yet another twist in the present growth of tokenomics, or the internet of money.
Does MetaMask accept WETH?
To add WETH, open the MetaMask extension and then click the Add Token button at the bottom of the window. When you type WETH into the Add Tokens search box, Wrapped Ether (WETH) would appear as an option.
How to change a WETH polygon to ETH?
A service such as the Polygon Bridge or Hop Exchange will be used to connect it to the Ethereum Mainnet. These will translate your polygon weth to mainnet (pure) eth. Hop will require you to sign one transaction on polygon (requiring a utility token for gas: Matic) for the transfer.
Should I buy ETH on MetaMask?
Yes, MetaMask users say it is safe to buy ETH on MetaMask. However, it is strongly advised that you only use the wallet to store a small amount of your cryptocurrency and keep the majority of your cryptocurrency in a hardware wallet.
How does MetaMask make money?
The revenue generated through swap fees is MetaMask’s principal source of funding. Users can immediately compare and swap tokens with MetaMask on the platform. The program charges a price for this service, which is said to be swap fees.
Ethereum is the most popular and well-developed DApp ecosystem available. Many ETH holders wish to use their ETH in DeFi initiatives, so WETH becomes a requirement. We propose buying WETH with ETH or other tokens rather than interacting with the wrapped smart contracts if you want to start playing with it. If you’re not clear and not able to convert your weth to eth metamask, no need to worry. You can reach us with our comment section below. We will reply to you with an explanation of your queries sooner as possible.
Aayush Kumar Gupta is the founder and creator of ExploringBits, a website dedicated to providing useful content for people passionate about Engineering and Technology. Aayush has completed his Bachelor of Technology (Computer Science & Engineering) from 2018-2022. From July 2022, Aayush has been working as a full-time Devops Engineer.