WETH refers to "wrapped ETH". You need WETH as an intermediate to trade ETH for ERC20 tokens on DDEX (and many other platforms). Because decentralized platforms running on Ethereum use smart contracts to facilitate trades directly between users, every user needs to have the same standardized format for every token they trade. This ensures tokens do not get lost in translation.
Posts made by worthit
The millennial interest in trading cryptocurrencies is hard to ignore, yet they are not the only ones interested in this market. The competition for the coin is expected to become tougher in the future as new players enter the domain.
There is no doubt that digital currencies provide benefits to individuals, financial organizations, governments, and public sector institutions by facilitating better access to financial products, aiding financial empowerment, and reducing the risks of corruption and fraud. But one of the significant risks associated with digital currencies is the ability of criminals and terrorists to use these new technologies for their own benefit.
before considering which wallet to choose you need to think about storage, which can be either cold or hot.
The existing system is neither reliable nor secure. So it's on the era of blockchain to fix it.
@HighBank Agree with you at the point of MVPs! but if look inside the market there're lots of projects without it for sure, so how to create a great project with the good healthy community without MVP to offer if you are only starting up, that's the question here