Real-time WBNB price analysis
The current real-time price of Wrapped BNB is $376.32and its trading volume is equal to US$86,605,957 in the last 24 hours. WBNB price has fell on
1.51%
on the last day and increased by
5.79%
in the last 7 days. It is important to note that Wrapped BNB’s current market capitalization is US$701,497,251Speaking about working capital, VBNB 1,864,089 coins. Wrapped BNB currently has a market rating of #103.
BNB wrapped price today
48.48%
below
always on top and that’s it
1399.63%
higher
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling VBNB are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is Wrapped BNB (WBNB)?
First, let’s be clear – Binance, one of the largest cryptocurrency exchanges, uses a dual chain system. He has Binance Chain And Binance Smart Chain (BSC). Binance Chain’s native token is BNB and it can only be used in this chain. On the other hand, wrapped BNB (BNB) corresponds to BEP-20 token standard and therefore can be used in BSC. In fact, Wrapped BNB is an enhanced version of BNB. because it has much more possibilities.
Interested in the current price of Wrapped BNB? Check out the WBNB price chart above.
What is the difference between these two chains? Well, the main goal of Binance Chain is quickly execute trades and manage a large volume of orders from several million Binance users. Binance Smart Chain, on the other hand, is a significantly more complex blockchain. Its goal is to expand the capabilities of Binance Chain by execution of smart contracts and creation of advanced decentralized applications (dApps).
Completed BNB Use Cases
Wrapped BNB provides users with the ability to transact across multiple blockchains.. This means they can switch from one network to another while still being able to complete their financial transactions. Unlike the BNB token, Wrapped BNB allows users to directly trade altcoins available on the Binance exchange.
Moreover, Wrapped BNB Can Help Solve Liquidity Problems which are associated with the use of other cryptocurrencies when making transactions. Ethereum, for example, is expensive to use due to high fees. To significantly reduce these costs, you can switch your Ethereum to Wrapped BNB and then complete the transaction. The recipient of the funds can then convert the wrapped BNB back to Ethereum, significantly reducing costs in the process.
Additionally, Wrapped BNB provides fast transaction services. Trading cryptocurrencies such as Ethereum on their own platform can take a long time. However, if the currency is changed to Wrapped BNB coin, the transaction can be completed on another website and then transferred back to its original form with very low fees and much faster speeds.
Finally, Wrapped BNB cryptoassets also provide an additional layer of security. compared to standard BNB. Although BNB is already quite secure, wrap it up private key gives users more control over their accounts and reduces the likelihood of them being attacked by hackers.
Interested in purchasing WBNB tokens? Don’t forget to watch the Wrapped BNB price chart in real time. It is great for a thorough analysis of WBNB prices.
Who founded Binance?
Changpeng Zhao (often called CZ) is the founder of Binance. He is a Chinese-Canadian business executive with over 20 years of experience in technology and finance, having previously worked at Bloomberg Tradebook, Fusion Systems Ltd., Blockchain.info and OKCoin. In addition to his role at Binance, Changpeng also serves on the board of directors of several blockchain projects, including the Tron Foundation and Blockchain Charity Foundation.
What is the trading volume of Wrapped BNB in the last 24 hours?
WBNB has trading volume US$86,605,957 in the last 24 hours.
What is the highest price for Wrapped BNB?
WBNB has the highest price $730.41which was achieved at May 12, 2021 (2 years 9 months ago).
What is the lowest price for Wrapped BNB?
WBNB has the lowest price $25.09which was achieved at December 09, 2020 (3 years 2 months ago).
Which exchanges are best for buying and selling WBNB?
Currently the most active and dominant exchanges for buying and selling Wrapped BNB are Binance, Kraken & Kucoin. The most popular BNB wrapped trading pairs Cake/WBNB
(on
PancakeSwap (V2)
),
ETH/WBNB
(on
TENA FUSION
),
USDT/VBNB
(on
PancakeSwap (V2)
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
What are the safest hardware wallets for storing WBNB?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage BNB wrapped. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
