Wrapped BNB Achieves Market Cap of $984.05 Million (WBNB)

Wrapped BNB (WBNB) traded 0.2% lower against the US dollar during the 1-day period ending at 13:00 PM ET on November 18th. One Wrapped BNB token can currently be purchased for $621.68 or 0.00679145 BTC on cryptocurrency exchanges. Wrapped BNB has a total market capitalization of $984.05 million and $273.03 million worth of Wrapped BNB was traded on exchanges in the last day. During the last week, Wrapped BNB has traded down 2.1% against the US dollar.

Here’s how other 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 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 (SOLVBTC) traded up 1.2% against the dollar and now trades at $91,233.15 or 0.99666430 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.8% against the dollar and now trades at $90,776.71 or 0.99167796 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Wrapped BNB Profile

Wrapped BNB launched 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.”

Buying and Selling Wrapped BNB

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