Wrapped BNB Trading Up 8.8% This Week (WBNB)

Wrapped BNB (WBNB) traded up 1.8% against the dollar during the one day period ending at 0:00 AM Eastern on May 8th. One Wrapped BNB token can now be bought for about $596.04 or 0.00970337 BTC on exchanges. Wrapped BNB has a market cap of $913.79 million and approximately $177.74 million worth of Wrapped BNB was traded on exchanges in the last day. In the last seven days, Wrapped BNB has traded up 8.8% against the dollar.

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

• KILT Protocol (KILT) traded down 0.8% against the dollar and now trades at $0.30 or 0.00000483 BTC.
• 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 1.3% against the dollar and now trades at $0.0102 or 0.00000017 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’s genesis date was September 4th, 2020. Wrapped BNB’s total supply is 1,533,102 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 presently possible to purchase alternative cryptocurrencies such as Wrapped BNB directly using U.S. dollars. Investors seeking to acquire Wrapped BNB should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Wrapped BNB using one of the aforementioned exchanges.

WBNB/USD price chart by TradingView