Wrapped BNB (WBNB) Hits Market Capitalization of $937.63 Million

Wrapped BNB (WBNB) traded down 0% against the dollar during the 24 hour period ending at 14:00 PM Eastern on March 6th. In the last seven days, Wrapped BNB has traded down 2.4% against the dollar. One Wrapped BNB token can now be bought for about $592.35 or 0.00666259 BTC on major cryptocurrency exchanges. Wrapped BNB has a market cap of $937.63 million and approximately $253.68 million worth of Wrapped BNB was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Taiko (TAIKO) traded down 1.3% against the dollar and now trades at $0.81 or 0.00000910 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower 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.BBN (SOLVBTC.BB) traded 2.4% higher against the dollar and now trades at $89,901.71 or 1.01159866 BTC.
• SolvBTC (SOLVBTC) traded 0.5% higher against the dollar and now trades at $89,148.50 or 1.00271289 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Wrapped BNB Token Profile

Wrapped BNB was first traded on September 4th, 2020. Wrapped BNB’s total supply is 1,582,885 tokens. Wrapped BNB’s official Twitter account is @binance_dex. The official website for Wrapped BNB is www.binance.org.

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 presently possible to purchase alternative cryptocurrencies such as Wrapped BNB directly using US dollars. Investors seeking to acquire Wrapped BNB should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Wrapped BNB using one of the exchanges listed above.

WBNB/USD price chart by TradingView