Wrapped BNB Market Cap Hits $1.50 Billion (WBNB)

Wrapped BNB (WBNB) traded down 0.1% against the US dollar during the 1 day period ending at 8:00 AM ET on November 5th. One Wrapped BNB token can now be bought for approximately $949.79 or 0.00926002 BTC on popular exchanges. Over the last seven days, Wrapped BNB has traded 14.7% lower against the US dollar. Wrapped BNB has a market cap of $1.50 billion and $1.24 billion worth of Wrapped BNB was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• 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 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 1.7% lower against the dollar and now trades at $102,002.73 or 0.99447963 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.8% against the dollar and now trades at $101,766.85 or 0.99730202 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 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 1,582,885 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.Why do you need wBNB?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 purchase alternative cryptocurrencies such as Wrapped BNB directly using US dollars. Investors seeking to acquire Wrapped BNB should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini 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