What are Wrapped Tokens?

The cryptocurrency market is gaining more popularity every day, and while the popularity of Ethereum-based applications is rapidly increasing, most applications built on Ethereum are limited to working only with ETH (ETH), which is Ethereum’s native asset. On the other hand, through the “Wrapped Token” technology, tokens from other blockchain networks can be used in Ethereum-based applications. The post What are Wrapped Tokens? appeared first on COINTURK NEWS.