Wrapped BNB Hits Market Capitalization of $890.38 Million (WBNB)

Wrapped BNB (WBNB) traded up 1.8% against the US dollar during the 1 day period ending at 7:00 AM Eastern on October 5th. During the last seven days, Wrapped BNB has traded down 6.5% against the US dollar. One Wrapped BNB token can currently be bought for approximately $562.50 or 0.00904366 BTC on exchanges. Wrapped BNB has a market capitalization of $890.38 million and approximately $142.37 million worth of Wrapped BNB was traded on exchanges in the last day.

Here’s 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 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 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 9.7% higher against the dollar and now trades at $0.0412 or 0.00000066 BTC.
• P2P Solutions foundation (P2PS) traded 1.7% higher against the dollar and now trades at $156.52 or 0.00251651 BTC.

Wrapped BNB Profile

Wrapped BNB was first traded on 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 presently 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, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Wrapped BNB using one of the exchanges listed above.

WBNB/USD price chart by TradingView