Wrapped BNB (WBNB) Market Capitalization Achieves $940.10 Million

Wrapped BNB (WBNB) traded 1.9% higher against the U.S. dollar during the twenty-four hour period ending at 8:00 AM ET on October 28th. Wrapped BNB has a total market cap of $940.10 million and approximately $118.32 million worth of Wrapped BNB was traded on exchanges in the last day. One Wrapped BNB token can now be bought for about $593.91 or 0.00863392 BTC on popular exchanges. Over the last week, Wrapped BNB has traded down 2.4% against the U.S. dollar.

Here is how related cryptocurrencies have performed over 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 up 1.2% 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 2.1% against the dollar and now trades at $68,571.84 or 0.99685061 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.3% higher against the dollar and now trades at $68,497.03 or 0.99576302 BTC.
• AXIA Coin (AXC) traded down 0.1% 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 1,582,885 tokens. Wrapped BNB’s official Twitter account is @binance_dex. The official website for Wrapped BNB 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.”

Wrapped BNB Token Trading

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