Wrapped BNB (WBNB) Achieves Market Capitalization of $711.05 Million

Wrapped BNB (WBNB) traded up 1.6% against the dollar during the 1-day period ending at 15:00 PM Eastern on February 24th. Over the last week, Wrapped BNB has traded 8.1% higher against the dollar. Wrapped BNB has a market cap of $711.05 million and $148.88 million worth of Wrapped BNB was traded on exchanges in the last 24 hours. One Wrapped BNB token can now be bought for approximately $382.34 or 0.00741335 BTC on major exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

  • KILT Protocol (KILT) traded 0.8% higher against the dollar and now trades at $0.33 or 0.00000644 BTC.
  • 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded down 23.3% against the dollar and now trades at $0.0069 or 0.00000013 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 0.7% against the dollar and now trades at $0.0104 or 0.00000020 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Wrapped BNB

Wrapped BNB was first traded on September 4th, 2020. Wrapped BNB’s total supply is 1,859,723 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 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 GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Wrapped BNB using one of the exchanges listed above.

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