Wrapped BNB Market Capitalization Tops $1.17 Billion (WBNB)

Wrapped BNB (WBNB) traded 1.6% lower against the US dollar during the twenty-four hour period ending at 12:00 PM Eastern on December 8th. Wrapped BNB has a total market capitalization of $1.17 billion and approximately $287.66 million worth of Wrapped BNB was traded on exchanges in the last day. One Wrapped BNB token can currently be purchased for about $739.36 or 0.00739437 BTC on popular exchanges. During the last week, Wrapped BNB has traded up 12.1% against the US dollar.

Here is how related cryptocurrencies have performed during 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 down 2.2% 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.
• SolvBTC (SOLVBTC) traded up 0.3% against the dollar and now trades at $99,662.31 or 0.99672430 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.3% against the dollar and now trades at $99,339.94 or 0.99350028 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Wrapped BNB

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.”

Wrapped BNB Token Trading

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

WBNB/USD price chart by TradingView