Wrapped BNB Reaches Market Cap of $1.01 Billion (WBNB)

Wrapped BNB (WBNB) traded 3.9% higher against the dollar during the twenty-four hour period ending at 8:00 AM Eastern on May 9th. During the last seven days, Wrapped BNB has traded up 6.5% against the dollar. One Wrapped BNB token can now be purchased for approximately $637.60 or 0.00618967 BTC on popular cryptocurrency exchanges. Wrapped BNB has a total market cap of $1.01 billion and approximately $884.00 million worth of Wrapped BNB was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed during the last 24 hours:

• 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.
• 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 3.5% against the dollar and now trades at $102,974.24 or 0.99964923 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 3.6% against the dollar and now trades at $102,539.45 or 0.99542837 BTC.
• Lumi Credits (LUMI) traded 8.9% higher 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.

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 presently possible to purchase alternative cryptocurrencies such as Wrapped BNB directly using U.S. dollars. Investors seeking to trade Wrapped BNB should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. 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