Wormhole Bridged wstETH (BSC) wallet

What is Wormhole Bridged wstETH (BSC) (WSTETH)?

Two wrappers stand between this token and the ether underneath it. Lido's stETH adjusts its balance as staking accounting updates; wstETH freezes that count and moves the change into an exchange rate instead. Wormhole then locks wstETH on Ethereum and issues a matching BEP-20 token on BNB Smart Chain, which is what you actually hold here.

The practical consequence is that this is a bridge claim, not the Ethereum asset. Its worth follows wstETH, but the route back to stETH or ETH runs through Wormhole to Ethereum first; nothing on BNB Chain can unwrap it locally. The ticker is identical to the native token, so an address or a listing that says wstETH tells you nothing about which of the two you are looking at. Like any BEP-20 token, moving it costs BNB, which has to be present in the same wallet.

Supported networks in Tangem (1): BNB Smart Chain.

Tangem keeps this BNB Chain holding in its own row rather than merging it with anything carrying the same ticker elsewhere, and names the outgoing network on the signing screen. An address by itself never reveals which chain a recipient is watching, so that line is where you confirm it before the card signs. Holding a bridged copy is mostly an exercise in knowing which copy you have, and a wallet that labels it plainly makes that easy to keep straight.