Wrapped BNB (WBNB) Hits Market Cap of $1.01 Billion

Wrapped BNB (WBNB) traded down 0.3% against the US dollar during the one day period ending at 7:00 AM ET on March 18th. Wrapped BNB has a market cap of $1.01 billion and $700.63 million worth of Wrapped BNB was traded on exchanges in the last day. During the last seven days, Wrapped BNB has traded 14.2% higher against the US dollar. One Wrapped BNB token can now be bought for $635.21 or 0.00768180 BTC on major exchanges.

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

• Taiko (TAIKO) traded 1.9% lower against the dollar and now trades at $0.63 or 0.00000763 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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 0.1% lower against the dollar and now trades at $82,731.97 or 1.00049745 BTC.
• SolvBTC (SOLVBTC) traded 0.5% lower against the dollar and now trades at $82,708.74 or 1.00021657 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Wrapped BNB Profile

Wrapped BNB’s launch date was September 4th, 2020. Wrapped BNB’s total supply is 1,582,885 tokens. The official website for Wrapped BNB 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.”

Wrapped BNB Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as Wrapped BNB directly using US dollars. Investors seeking to acquire Wrapped BNB should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. 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