Wrapped BNB (WBNB) Market Cap Reaches $801.54 Million

Wrapped BNB (WBNB) traded 0.1% higher against the US dollar during the 1-day period ending at 14:00 PM E.T. on August 9th. One Wrapped BNB token can currently be purchased for $506.38 or 0.00837951 BTC on popular cryptocurrency exchanges. Wrapped BNB has a total market capitalization of $801.54 million and $181.89 million worth of Wrapped BNB was traded on exchanges in the last day. Over the last seven days, Wrapped BNB has traded down 9.3% against the US dollar.

Here is how similar 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 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 2.2% lower 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 $0.0125 or 0.00000021 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 3.1% against the dollar and now trades at $0.0571 or 0.00000095 BTC.

Wrapped BNB Profile

Wrapped BNB was first traded 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, “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.”

Wrapped BNB Token Trading

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