Wrapped BNB Trading Down 23.4% Over Last Week (WBNB)

Wrapped BNB (WBNB) traded down 8.7% against the US dollar during the one day period ending at 9:00 AM ET on February 5th. One Wrapped BNB token can now be purchased for approximately $684.04 or 0.00971512 BTC on major cryptocurrency exchanges. Wrapped BNB has a market capitalization of $1.08 billion and $1.08 billion worth of Wrapped BNB was traded on exchanges in the last 24 hours. In the last week, Wrapped BNB has traded 23.4% lower against the US dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• 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.
• 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 7% against the dollar and now trades at $70,917.53 or 1.00721187 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.”

Wrapped BNB Token Trading

It is usually not currently 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 GDAX, Coinbase 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