Wrapped BNB Achieves Market Capitalization of $1.29 Billion (WBNB)

Wrapped BNB (WBNB) traded 9.4% lower against the US dollar during the 24-hour period ending at 8:00 AM E.T. on November 21st. One Wrapped BNB token can now be purchased for approximately $816.57 or 0.00979108 BTC on exchanges. Wrapped BNB has a total market capitalization of $1.29 billion and $877.58 million worth of Wrapped BNB was traded on exchanges in the last 24 hours. Over the last week, Wrapped BNB has traded down 9.3% against the US dollar.

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

• 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 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.
• 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.
• SolvBTC (SOLVBTC) traded 9.7% lower against the dollar and now trades at $82,797.32 or 0.99277785 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 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’s launch date was September 4th, 2020. Wrapped BNB’s total supply is 1,582,885 tokens. The official website for Wrapped BNB is www.binance.org. Wrapped BNB’s official Twitter account is @binance_dex.

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.”

Buying and Selling Wrapped BNB

It is usually not possible to purchase alternative cryptocurrencies such as Wrapped BNB directly using U.S. dollars. Investors seeking to trade Wrapped BNB should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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