Wrapped BNB Price Hits $614.97 on Major Exchanges (WBNB)

Wrapped BNB (WBNB) traded 0.2% higher against the dollar during the 1-day period ending at 13:00 PM ET on February 26th. Wrapped BNB has a market capitalization of $973.43 million and approximately $298.23 million worth of Wrapped BNB was traded on exchanges in the last 24 hours. One Wrapped BNB token can now be purchased for approximately $614.97 or 0.00712513 BTC on major exchanges. In the last seven days, Wrapped BNB has traded 6.1% lower against the dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Taiko (TAIKO) traded 1.9% lower against the dollar and now trades at $0.88 or 0.00001019 BTC.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.8% lower against the dollar and now trades at $86,570.31 or 1.00300927 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.7% lower against the dollar and now trades at $86,441.62 or 1.00151820 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Wrapped BNB

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. The official website for Wrapped BNB is www.binance.org.

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 presently 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 Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Wrapped BNB using one of the aforementioned exchanges.

WBNB/USD price chart by TradingView