Wrapped BNB Reaches Market Cap of $782.25 Million (WBNB)

Wrapped BNB (WBNB) traded 3% higher against the US dollar during the one day period ending at 18:00 PM ET on September 7th. Wrapped BNB has a market capitalization of $782.25 million and approximately $143.40 million worth of Wrapped BNB was traded on exchanges in the last 24 hours. One Wrapped BNB token can currently be bought for $494.19 or 0.00914456 BTC on cryptocurrency exchanges. Over the last seven days, Wrapped BNB has traded 7.2% lower against the US dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• 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 up 1.2% 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 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 6.1% lower against the dollar and now trades at $0.0497 or 0.00000092 BTC.
• 2G Carbon Coin (2GCC) traded 0.4% lower against the dollar and now trades at $0.0480 or 0.00000183 BTC.

Wrapped BNB Token Profile

Wrapped BNB’s genesis date was September 4th, 2020. Wrapped BNB’s total supply is 1,582,885 tokens. Wrapped BNB’s official Twitter account is @binance_dex. Wrapped BNB’s official website is www.binance.org.

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

WBNB/USD price chart by TradingView