Wrapped BNB (WBNB) Hits Market Capitalization of $897.82 Million

Wrapped BNB (WBNB) traded down 0.5% against the U.S. dollar during the one day period ending at 8:00 AM E.T. on July 19th. In the last week, Wrapped BNB has traded 2.4% lower against the U.S. dollar. One Wrapped BNB token can now be bought for approximately $567.20 or 0.00880951 BTC on major cryptocurrency exchanges. Wrapped BNB has a total market capitalization of $897.82 million and approximately $268.53 million worth of Wrapped BNB was traded on exchanges in the last day.

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

• 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.
• UZDT (UZDT) traded 0% higher against the dollar and now trades at $1.00 or 0.00001556 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 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.
• SolvBTC (SOLVBTC) traded up 1% against the dollar and now trades at $64,486.28 or 1.00156850 BTC.

Wrapped BNB Token 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, “BNB is the native currency built on the Binance Smart Chain. Why do you need wBNB? BNB doesn’t conform to BEP20 Standard: BNB and BEP20 tokens are designed to achieve different purposes. Wrapped BNB can be traded directly with alt tokens: wBNB can also be converted back.”

Buying and Selling Wrapped BNB

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

WBNB/USD price chart by TradingView