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Wrapped BNB (WBNB) price, chart, coin profile and news

Find the latest Wrapped BNB (WBNB) price, coin profile, news and history to get you started with Wrapped BNB trading and investing.

Wrapped BNB (WBNB) is the 2631st largest cryptocurrency in the world by market cap. The current price of Wrapped BNB is $274.89618981351, which is 2.718% higher than yesterday. Prices have ranged between $333.64 and $317.17 over the past 24 hours. All prices are listed in US dollars and accurate as of February 03, 2023 12:02 UTC.

What is Wrapped Bnb?

Binance Coin or BNB is the native cryptocurrency of the Binance exchange. The Binance exchange is one of the largest cryptocurrency exchanges in the world.

Binance Coin was initially built as an ERC-20 token on the Ethereum blockchain and was used by traders to access discounted trading fees on the exchange.

After the development of the native Binance Chain (BC) in 2019, BNB was also used to pay transaction fees on the blockchain network. The cryptocurrency exchange continued to grow and now BNB can also be used for online and financial services, travel bookings and even entertainment.

Following the success of the BC, the Binance Smart Chain (BSC) blockchain was launched in 2020. The BSC is aimed at smart contract functionality for decentralized application development. The token standard on the BSC is BEP20, which BNB does not conform with. Therefore, wrapped BNB (wBNB) was created as a token compatible with the Binance Smart Chain but that remains pegged to BNB at a ratio of 1:1. wBNB can be used on many dapps within the Binance Smart Chain ecosystem.

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Wrapped Bnb at a glance

Basic stats for Wrapped Bnb

#2631
$0
4 M
Cross-chain transactions
Binance smart chain

Wrapped Bnb performance over time

Wrapped Bnb fundamental and technical analysis

Time frame
Movement
1 day
2.72%
1 week
6.05%
1 month
33.02%
2 months
12.21%
200 days
31.09%
1 year
15.43%
Show all

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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