Wrapped BNB Price Tops $583.00 on Exchanges (WBNB)

Wrapped BNB (WBNB) traded 2% higher against the US dollar during the twenty-four hour period ending at 20:00 PM Eastern on October 26th. In the last week, Wrapped BNB has traded down 2.5% against the US dollar. One Wrapped BNB token can now be purchased for about $583.00 or 0.00870028 BTC on popular cryptocurrency exchanges. Wrapped BNB has a market capitalization of $922.83 million and approximately $121.28 million worth of Wrapped BNB was traded on exchanges in the last day.

Here’s 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 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.
• Lumi Credits (LUMI) traded up 8.9% 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 0% lower against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded 2% higher against the dollar and now trades at $160.60 or 0.00239674 BTC.

About Wrapped BNB

Wrapped BNB launched 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, “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 currently possible to buy alternative cryptocurrencies such as Wrapped BNB directly using U.S. dollars. Investors seeking to acquire Wrapped BNB should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Wrapped BNB using one of the exchanges listed above.

WBNB/USD price chart by TradingView