Wrapped BNB Price Tops $549.69 (WBNB)

Wrapped BNB (WBNB) traded 4.7% lower against the dollar during the 24 hour period ending at 20:00 PM ET on August 26th. Wrapped BNB has a total market cap of $870.09 million and $177.00 million worth of Wrapped BNB was traded on exchanges in the last day. During the last week, Wrapped BNB has traded 1.6% lower against the dollar. One Wrapped BNB token can currently be bought for approximately $549.69 or 0.00872684 BTC on major exchanges.

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

• 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 2.3% against the dollar and now trades at $0.0606 or 0.00000096 BTC.
• P2P Solutions foundation (P2PS) traded down 2.8% against the dollar and now trades at $154.13 or 0.00244698 BTC.

Wrapped BNB Token Profile

Wrapped BNB’s genesis 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.”

Buying and Selling Wrapped BNB

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

WBNB/USD price chart by TradingView