Wrapped BNB Hits 24 Hour Trading Volume of $310.30 Million (WBNB)

Wrapped BNB (WBNB) traded up 1.9% against the dollar during the one day period ending at 13:00 PM Eastern on February 6th. One Wrapped BNB token can now be purchased for about $576.32 or 0.00597334 BTC on major exchanges. Wrapped BNB has a total market cap of $912.25 million and $310.30 million worth of Wrapped BNB was traded on exchanges in the last 24 hours. During the last seven days, Wrapped BNB has traded 15.3% lower against the dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• GMX (GMX) traded 0.5% higher against the dollar and now trades at $16.86 or 0.00017476 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 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.
• Hokkaidu Inu (HOKK) traded up 1.2% 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.BBN (SOLVBTC.BB) traded 1% lower against the dollar and now trades at $96,581.05 or 1.00129411 BTC.
• SolvBTC (SOLVBTC) traded 0.9% lower against the dollar and now trades at $96,422.58 or 0.99938526 BTC.
• Lumi Credits (LUMI) traded up 8.9% 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. The official website for Wrapped BNB is www.binance.org. Wrapped BNB’s official Twitter account is @binance_dex.

According to CryptoCompare, “Wrapped BNB (WBNB) was created to enable Binance Coin (BNB) to be used within the Binance Smart Chain’s DeFi ecosystem by making it BEP-20 compliant. This allows WBNB to interact with decentralised applications, smart contracts, and other tokens on BSC, significantly expanding its utility.”

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