Wrapped BNB (WBNB) Market Capitalization Achieves $998.14 Million

Wrapped BNB (WBNB) traded down 1.8% against the dollar during the 24-hour period ending at 8:00 AM E.T. on June 22nd. One Wrapped BNB token can currently be bought for $630.59 or 0.00613795 BTC on major exchanges. In the last seven days, Wrapped BNB has traded 2.8% lower against the dollar. Wrapped BNB has a market cap of $998.14 million and approximately $780.24 million worth of Wrapped BNB was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in 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 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.
• Central African Republic Meme (CAR) traded down 10.8% against the dollar and now trades at $0.0360 or 0.00000035 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.
• SolvBTC (SOLVBTC) traded 1.5% lower against the dollar and now trades at $102,315.18 or 0.99590858 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.7% against the dollar and now trades at $101,764.92 or 0.99114125 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Wrapped BNB Token Profile

Wrapped BNB was first traded on 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, “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 US dollars. Investors seeking to acquire Wrapped BNB should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Wrapped BNB using one of the aforementioned exchanges.

WBNB/USD price chart by TradingView