Wrapped BNB Hits Market Capitalization of $918.49 Million (WBNB)

Wrapped BNB (WBNB) traded up 0.7% against the U.S. dollar during the one day period ending at 14:00 PM ET on July 1st. One Wrapped BNB token can now be purchased for approximately $580.28 or 0.00913619 BTC on major cryptocurrency exchanges. Wrapped BNB has a market capitalization of $918.49 million and approximately $96.98 million worth of Wrapped BNB was traded on exchanges in the last day. Over the last seven days, Wrapped BNB has traded up 3.9% against the U.S. dollar.

Here’s how related cryptocurrencies have performed over 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 3.1% against the dollar and now trades at $0.0118 or 0.00000019 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Wrapped BNB Token Profile

Wrapped BNB launched on September 4th, 2020. Wrapped BNB’s total supply is 1,582,848 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.

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 purchase alternative cryptocurrencies such as Wrapped BNB directly using U.S. dollars. Investors seeking to trade Wrapped BNB should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Wrapped BNB using one of the exchanges listed above.

WBNB/USD price chart by TradingView