In this Cryptocurrency For Beginners video, I explain Wrapped Tokens and what they are. Are they good or are they bad ?
*** DISCLAIMER ***
This is a sponsored video
I am NOT a financial adviser, anything I say is based on my opinion and you should always do your own research on any project.
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#wrappedtokens #wrappedcrypto #centrifuge
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11 Comments
Do you use wrapped tokens and if yes, do you think they're useful ?
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Thanks🙏🏻
thanks for great content!
could you please do a price prediction for centrifuge?
In the current market state, wrapped tokens are almost essential, as long as they stay 1:1 with the native token and Can't have the wrapped AND native token circulating. Maybe one day we won't need them anymore but for now, reliability is critical for it's use. Ideally a bullet proof contract over a centralized custodian.
I heard that if you exchange eth for wrapped eth and then trade for a token that it would be cheaper (like on metamask)
Is this true?
I think your are like me, extremely disappointed with ChainX
The team is 100% unprofessional . They don’t care about the community and about investors.
It was a terrible mistake to invest in PCX