Wrapped BNB Price Tops $611.21 (WBNB)

Wrapped BNB (WBNB) traded down 1.9% against the U.S. dollar during the 24-hour period ending at 14:00 PM Eastern on February 10th. Wrapped BNB has a market capitalization of $967.48 million and $556.35 million worth of Wrapped BNB was traded on exchanges in the last day. One Wrapped BNB token can now be bought for about $611.21 or 0.00627865 BTC on major cryptocurrency exchanges. During the last seven days, Wrapped BNB has traded 2.4% higher against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last day:

• GMX (GMX) traded 6.8% higher against the dollar and now trades at $24.39 or 0.00025056 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 1% higher against the dollar and now trades at $97,051.85 or 0.99696188 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 9.8% against the dollar and now trades at $96,783.30 or 0.99420319 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Wrapped BNB Token Profile

Wrapped BNB’s genesis date was September 4th, 2020. Wrapped BNB’s total supply is 1,582,885 tokens. Wrapped BNB’s official website is www.binance.org. Wrapped BNB’s official Twitter account is @binance_dex.

According to CryptoCompare, “Wrapped BNB (WBNB) was created to enable Binance Coin (BNB) to be used within the Binance Smart Chain’s DeFi ecosystem by making it BEP-20 compliant. This allows WBNB to interact with decentralised applications, smart contracts, and other tokens on BSC, significantly expanding its utility.”

Buying and Selling Wrapped BNB

It is usually not possible to purchase alternative cryptocurrencies such as Wrapped BNB directly using U.S. dollars. Investors seeking to trade Wrapped BNB should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Wrapped BNB using one of the aforementioned exchanges.

WBNB/USD price chart by TradingView