Wrapped BNB Reaches Market Capitalization of $994.59 Million (WBNB)

Wrapped BNB (WBNB) traded up 3.6% against the US dollar during the one day period ending at 12:00 PM E.T. on March 2nd. During the last seven days, Wrapped BNB has traded down 3.7% against the US dollar. Wrapped BNB has a market cap of $994.59 million and $318.16 million worth of Wrapped BNB was traded on exchanges in the last day. One Wrapped BNB token can now be purchased for $628.34 or 0.00677770 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last day:

• Taiko (TAIKO) traded up 3.7% against the dollar and now trades at $1.01 or 0.00001094 BTC.
• 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 6.8% against the dollar and now trades at $90,601.61 or 0.97728614 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2% higher against the dollar and now trades at $86,410.97 or 0.93208325 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Wrapped BNB 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. 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.”

Wrapped BNB Token Trading

It is usually not presently 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, GDAX 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