Wrapped BNB Reaches Market Capitalization of $908.77 Million (WBNB)

Wrapped BNB (WBNB) traded down 0.6% against the U.S. dollar during the 24 hour period ending at 0:00 AM E.T. on May 7th. Wrapped BNB has a market capitalization of $908.77 million and approximately $152.34 million worth of Wrapped BNB was traded on exchanges in the last day. One Wrapped BNB token can currently be purchased for about $584.41 or 0.00932955 BTC on cryptocurrency exchanges. In the last seven days, Wrapped BNB has traded 2.2% higher against the U.S. dollar.

Here’s how other cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded 0.1% higher against the dollar and now trades at $0.30 or 0.00000477 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 2.6% higher against the dollar and now trades at $0.0101 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Wrapped BNB Profile

Wrapped BNB was first traded on September 4th, 2020. Wrapped BNB’s total supply is 1,555,032 tokens. Wrapped BNB’s official website is www.binance.org. Wrapped BNB’s official Twitter account is @binance_dex.

According to CryptoCompare, “BNB is the native currency built on the Binance Smart Chain.

BNB doesn’t conform to BEP20 Standard: BNB and BEP20 tokens are designed to achieve different purposes.
Wrapped BNB can be traded directly with alt tokens: wBNB can also be converted back.”

Buying and Selling Wrapped BNB

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

WBNB/USD price chart by TradingView