Wrapped BNB (WBNB) Market Capitalization Tops $934.10 Million

Wrapped BNB (WBNB) traded 0.6% higher against the U.S. dollar during the 1-day period ending at 9:00 AM E.T. on July 31st. One Wrapped BNB token can currently be purchased for $590.12 or 0.00927593 BTC on popular cryptocurrency exchanges. Wrapped BNB has a market cap of $934.10 million and $289.53 million worth of Wrapped BNB was traded on exchanges in the last day. Over the last week, Wrapped BNB has traded 4.4% higher against the U.S. dollar.

Here’s how related cryptocurrencies have performed over 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 down 2.2% 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 down 2.2% 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 1.1% lower against the dollar and now trades at $63,804.87 or 1.00292263 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Wrapped BNB 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. 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 acquire Wrapped BNB should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. 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