The Ethereum token was the prototype token on the Etherum blockchain and a lot has happened since it was issued. To be able to use Ethereum on the MetaMorph.Pro platform, it needs to comply with the ERC-20 standard, which is a token standard on the Ethereum blockchain that has been widely accepted by many projects and has become the current industry standard. The standard allows for all tokens to speak the same language by complying with the same set of rules and standards.
Wrapping Ethereum is simply exchanging ETH for wETH – a ERC-20 compliant version of the token and it can be swapped back at any given time. Once the ETH has been wrapped into wETH, it can be used as a trading pair with other ERC-20 tokens.