Wrapped BNB Price Tops $597.68 on Top Exchanges (WBNB)

by · The Markets Daily

Wrapped BNB (WBNB) traded 0.1% lower against the U.S. dollar during the 24-hour period ending at 15:00 PM ET on October 21st. In the last seven days, Wrapped BNB has traded up 1.5% against the U.S. dollar. One Wrapped BNB token can now be bought for approximately $597.68 or 0.00884960 BTC on major cryptocurrency exchanges. Wrapped BNB has a market cap of $946.06 million and approximately $240.73 million worth of Wrapped BNB was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

  • 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 up 1.2% 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.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
  • MVP Coin (MVP) traded 17.9% higher against the dollar and now trades at $0.0944 or 0.00000140 BTC.
  • P2P Solutions foundation (P2PS) traded 0.5% lower against the dollar and now trades at $173.04 or 0.00256208 BTC.

Wrapped BNB Token Profile

Wrapped BNB launched on September 4th, 2020. Wrapped BNB’s total supply is 1,582,885 tokens. Wrapped BNB’s official website 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.”

Wrapped BNB Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Wrapped BNB directly using U.S. dollars. Investors seeking to trade Wrapped BNB should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Wrapped BNB using one of the aforementioned exchanges.

WBNB/USD price chart by TradingView