Wrapped BNB (WBNB) Price Tops $587.39 on Exchanges

Wrapped BNB (WBNB) traded up 3.5% against the U.S. dollar during the 24-hour period ending at 15:00 PM ET on November 6th. Wrapped BNB has a market capitalization of $929.77 million and approximately $299.58 million worth of Wrapped BNB was traded on exchanges in the last day. One Wrapped BNB token can currently be bought for about $587.39 or 0.00776291 BTC on popular exchanges. During the last seven days, Wrapped BNB has traded down 1.9% against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last day:

• 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 7.8% against the dollar and now trades at $75,236.48 or 0.99432703 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 6.2% higher against the dollar and now trades at $74,011.09 or 0.97813223 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 launch date was 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, “Wrapped BNB (WBNB) was created to enable Binance Coin (BNB) to be used within the Binance Smart Chain’s DeFi ecosystem by making it BEP-20 compliant. This allows WBNB to interact with decentralised applications, smart contracts, and other tokens on BSC, significantly expanding its utility.”

Buying and Selling Wrapped BNB

It is usually not possible to buy alternative cryptocurrencies such as Wrapped BNB directly using US dollars. Investors seeking to trade Wrapped BNB should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Wrapped BNB using one of the exchanges listed above.

WBNB/USD price chart by TradingView