Wrapped BNB Achieves Market Capitalization of $781.46 Million (WBNB)

Wrapped BNB (WBNB) traded down 5.1% against the US dollar during the 24-hour period ending at 11:00 AM Eastern on July 5th. Wrapped BNB has a market capitalization of $781.46 million and approximately $403.21 million worth of Wrapped BNB was traded on exchanges in the last day. One Wrapped BNB token can currently be purchased for approximately $493.71 or 0.00876050 BTC on cryptocurrency exchanges. Over the last seven days, Wrapped BNB has traded down 13.6% against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded 2.1% lower against the dollar and now trades at $0.18 or 0.00000323 BTC.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 0% against the dollar and now trades at $0.0117 or 0.00000021 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 1,582,848 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.”

Buying and Selling Wrapped BNB

It is usually not presently possible to buy alternative cryptocurrencies such as Wrapped BNB directly using U.S. dollars. Investors seeking to acquire Wrapped BNB should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Wrapped BNB using one of the aforementioned exchanges.

WBNB/USD price chart by TradingView