Wrapped Zedxion PriceWZEDXInactive

What is Wrapped Zedxion (WZEDX)?

Wrapped Zedxion (WZEDX) is a wrapped cryptocurrency token designed to represent ZEDXION (ZEDXION), an underlying crypto token on Ethereum, across additional blockchain environments. WZEDX is deployed on BNB Smart Chain under the BEP20 token standard and on the ZEDXION Mainnet under the ZED-20 token standard. The token is described as "Wrapped ZEDXION from ZEDX on BSC" and "Wrapped ZEDXION from ZEDX on BNB Chain." On the ZEDXION Mainnet it is referred to as Wrapped ZEDX Coin (WZEDX). Wrapped tokens allow an asset from one blockchain to circulate on another chain, which can improve accessibility and interoperability within decentralized finance ecosystems. WZEDX carries a maximum supply of approximately 4.75 billion tokens according to CoinMarketCap data, with a circulating supply of roughly 4.1 billion. The token launched in 2024, with the BSC contract created on March 16, 2024. It is associated with the DeFi, DEX, BNB Chain Ecosystem, and ZEDXION Smart Chain Ecosystem categories.

Key Specifications & Tokenomics

• Name: Wrapped Zedxion
• Ticker / Symbol: WZEDX
• Blockchain / Platform: BNB Smart Chain (BEP20); ZEDXION Mainnet (ZED-20)
• Contract Address (BNB Smart Chain / BEP20): 0x567556A7493FB7a22d2fd158Dd4C766a98705f96
• Contract Address (ZEDXION Mainnet / ZED-20): 0x3F7BE9DB9d37bd89c3Fa722BB29bA17300C18fc8
• Token Standard: BEP20; ZED-20
• Launch Year: 2024
• Token Creation Date (BSC): March 16, 2024
• Max Supply: 4.75B WZEDX
• Total Supply: 4.1B WZEDX
• Circulating Supply: 4.1B WZEDX (86.39% of max supply)
• Max Total Supply (ZEDXION Mainnet): 4,522,703,984.482 WZEDX
• Holders (ZEDXION Mainnet): 4,998
• Category: Rehypothecated Crypto, DeFi, DEX, BNB Chain Ecosystem, ZEDXION Smart Chain Ecosystem

Who created Wrapped Zedxion?

Detailed public information about the founding team, individual developers, or the organization behind Wrapped Zedxion is currently limited. The project maintains an official presence through its website at zedscan.net, a whitepaper hosted at docs.zedscan.net, an X (Twitter) account at twitter.com/zedxionc, and a GitHub organization at github.com/Zedscan. These channels serve as the primary sources of project documentation and updates. The underlying asset, ZEDXION, is described as a crypto token on Ethereum, and the wrapped version extends its reach to BNB Smart Chain and the ZEDXION Mainnet. As with many newer cryptocurrency projects, investors should conduct independent research and review available documentation before engaging with the token.

How does Wrapped Zedxion work?

Wrapped Zedxion functions as a wrapped representation of ZEDXION, meaning it mirrors the value of the underlying token while operating on different blockchain networks. The wrapping mechanism allows holders to use ZEDXION-linked assets on BNB Smart Chain via the BEP20 standard and on the ZEDXION Mainnet via the ZED-20 standard. This cross-chain deployment is intended to increase the token's utility and accessibility across multiple ecosystems. On BNB Smart Chain, WZEDX operates as a BEP20 token, which is compatible with a wide range of decentralized applications, wallets, and exchanges within the BNB Chain ecosystem. On the ZEDXION Mainnet, it follows the ZED-20 standard. The token's contract addresses on both networks are publicly available, allowing users to verify and interact with the token directly through block explorers and compatible wallets. The wrapping model typically involves locking the original asset and issuing a corresponding amount of the wrapped token, maintaining a 1:1 relationship in principle.

What makes Wrapped Zedxion unique and valuable?

Wrapped Zedxion's primary value proposition lies in its ability to extend the reach of the underlying ZEDXION token across multiple blockchain environments. By deploying on both BNB Smart Chain and the ZEDXION Mainnet, WZEDX enables holders to participate in DeFi activities, decentralized exchanges, and other on-chain applications that may not be accessible on the original Ethereum-based token. The BNB Chain ecosystem is known for its active DeFi and DEX landscape, and WZEDX's presence there positions it within a broad network of decentralized applications. Additionally, the dual-standard approach (BEP20 and ZED-20) demonstrates an effort to support interoperability across different blockchain infrastructures. However, it is important to note that market data for WZEDX shows limited trading activity, with several price sources reporting $0 or stagnant values. The token's market cap has been reported at approximately $301.15 million by some sources, while others indicate no recognized market value. This divergence highlights the importance of thorough due diligence when evaluating the token's current market status and liquidity.

What is Wrapped Zedxion used for?

Wrapped Zedxion is primarily used as a cross-chain representation of ZEDXION, enabling holders to access the token's value on BNB Smart Chain and the ZEDXION Mainnet. This allows for participation in decentralized finance activities such as trading on decentralized exchanges, providing liquidity, and interacting with DeFi protocols that support BEP20 or ZED-20 tokens. The token may also be used for swapping through onchain decentralized products. Because WZEDX is a wrapped asset, its utility is closely tied to the underlying ZEDXION token, and it serves as a bridge between the Ethereum-based original asset and the ecosystems of BNB Smart Chain and ZEDXION Mainnet. Holders can use WZEDX to diversify their on-chain activities without needing to convert back to the original token, depending on the supported platforms and applications. As with any wrapped asset, the practical uses depend on the level of adoption and integration within the respective ecosystems.

How Is the Wrapped Zedxion ecosystem developing?

The Wrapped Zedxion ecosystem is centered around the ZEDXION Mainnet and its integration with BNB Smart Chain. The ZEDXION Mainnet token page on zedscan.net lists Wrapped ZEDX Coin (WZEDX) with a max total supply of approximately 4.52 billion tokens and 4,998 holders, indicating a modest but existing user base on that network. On BNB Smart Chain, the token is tracked by various data platforms, with the defined.fi BNB Chain page reporting liquidity of 10.7K, a fully diluted valuation of 10.3M, and a top-10 holder concentration of 99.99%, which suggests that the majority of tokens are held by a small number of addresses. The project maintains documentation through its whitepaper and provides updates via its X account and GitHub repository. The ecosystem also references the ZEDXION Smart Chain Ecosystem as a category, indicating an ongoing effort to build out infrastructure around the token. However, trading volume and market activity across multiple price trackers remain low or stagnant, and some platforms note that the price has stopped updating. The long-term development of the ecosystem will depend on broader adoption, integration with DeFi platforms, and the growth of the underlying ZEDXION project.

How to mine Wrapped Zedxion?

Wrapped Zedxion is not a mineable cryptocurrency in the traditional proof-of-work sense. As a wrapped token, WZEDX is created through a wrapping process rather than through mining. The token exists on BNB Smart Chain as a BEP20 asset and on the ZEDXION Mainnet as a ZED-20 asset, and its supply is managed through smart contracts rather than block rewards. There is no public information indicating a staking or yield-farming mechanism specifically for WZEDX in the available references. Users who wish to acquire WZEDX typically do so through decentralized exchanges or swapping platforms that support the token on its respective networks. Any staking or earning opportunities would depend on third-party DeFi platforms that choose to support WZEDX, and such opportunities are not documented in the available project materials. As always, users should verify the authenticity of any staking or earning program before participating.

How to keep your Wrapped Zedxion Coin safe?

Keeping Wrapped Zedxion safe begins with using a reputable wallet that supports BEP20 tokens on BNB Smart Chain and ZED-20 tokens on the ZEDXION Mainnet. Hardware wallets provide an additional layer of security by storing private keys offline, away from potential online threats. Users should always verify the official contract addresses before interacting with WZEDX: the BEP20 contract is 0x567556A7493FB7a22d2fd158Dd4C766a98705f96, and the ZEDXION Mainnet ZED-20 contract is 0x3F7BE9DB9d37bd89c3Fa722BB29bA17300C18fc8. Double-checking these addresses helps prevent interactions with counterfeit tokens. It is also advisable to avoid sharing private keys or seed phrases with anyone, to use official websites and documentation for information, and to be cautious of unsolicited offers or phishing attempts. Given that some data sources report low liquidity and high holder concentration for WZEDX, users should also be aware of market risks and consider the token's liquidity profile before making transactions. Regularly reviewing the project's official channels for updates can help users stay informed about any security-related developments.

How to buy Wrapped Zedxion Coin?

WZEDX is a newer cryptocurrency that may be available on select platforms. For a secure and liquid trading experience, using a major regulated platform like BTCC is recommended.

Register a BTCC Account: Sign up using your email or mobile number and complete the KYC verification to unlock more features and benefits of the platform.

Deposit Funds: Deposit fiat currency via bank transfer, card, or third-party payment, or transfer USDT from an external wallet into your BTCC account.

Start Trading: Go to the trading page and search for the spot trading pair WZEDX/USDT or the perpetual contract WZEDXUSDT.

Place an Order: Enter the amount of WZEDX you wish to purchase and submit the order. For contract trading, you can also choose to go short and adjust the leverage multiplier according to your strategy and risk tolerance.

Confirm Your Purchase: For spot purchases, check your personal account to see if the coins have arrived. For contract trades, check the trading page to see if your order was filled successfully.

Alternatively, WZEDX may be acquired through decentralized exchanges on BNB Smart Chain by connecting a compatible wallet and swapping supported tokens for WZEDX using the official BEP20 contract address. Users should always verify contract addresses and exercise caution when trading tokens with limited liquidity or market data.