Wrapped BNB (WBNB) Market Capitalization Achieves $1.48 Billion

Wrapped BNB (WBNB) traded 0.7% lower against the U.S. dollar during the twenty-four hour period ending at 9:00 AM E.T. on January 16th. During the last week, Wrapped BNB has traded up 5.1% against the U.S. dollar. Wrapped BNB has a market cap of $1.48 billion and $522.47 million worth of Wrapped BNB was traded on exchanges in the last 24 hours. One Wrapped BNB token can currently be bought for $934.18 or 0.00978216 BTC on major exchanges.

Here is how similar cryptocurrencies have performed during 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 1.2% lower against the dollar and now trades at $95,244.08 or 0.99733498 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 Profile

Wrapped BNB launched on 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, “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 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 Coinbase, Changelly or Gemini. 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