Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy BNB
BNB (BNB)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (POL)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)

What is Wrapping?

Crypto Terms Glossary: What is Wrapping?

A wrapped token is a cryptographic asset that is pegged to the value of another cryptocurrency. The asset is called a wrapped coin or wrapped token because the initial asset is put in a wrapped or specialized digital vault that allows the wrapped token to be created and used on another blockchain protocol. This is done because different blockchains tend to offer different types of functionality for a multitude of uses — so adding one blockchain's asset to another's network can open up a wider range of functional opportunities for that asset.

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Press Releases: Biconomy.com on the Global Stage: Real Conversations, Real Impact at NFC Lisbon 2025
In a digital-first industry like blockchain, real-world presence still holds undeniable power. For Biconomy.com, participating in global events is more than brand visibility — it's..
Market and Events: Bitcoin correction after the ATH record
Bitcoin experienced a correction after reaching a record high of $111,800, sparking discussions about the possible start of altseason and high market volatility.
Bitcoin: Pakistan launches strategic bitcoin reserve and dedicates 2,000 MW to mining
On May 28, 2025, at the Bitcoin 2025 conference in Las Vegas, Pakistan announced the creation of a strategic bitcoin reserve, a major step in the development of a national cryptocurrency..
Mining: Mining pools face increasing mining difficulty
Bitcoin's mining difficulty rose 3.7% in 24 hours, making mining more difficult and highlighting the need for energy efficient solutions in the industry.
Make crypto bots for trading
⁝⁝⁝

Trending news

  • Artificial Intelligence (AI)
  • Altcoins
  • Bitcoin
  • DeFi
  • Ethereum
  • show more