Wrapped BNB is a special version of the $BNB token that meets a set of standards and requirements needed to be involved in smart contracts. The Binance Chain uses $BNB as it's native currency, while the Binance Smart Chain uses $WBNB to power the projects on top of it. Because of the increased standards, $WBNB needs to meet, it can also communicate with projects that work with Ethereum.
The Binance Smart Chain is compromising decentralization in favor of fast and cheap transactions. Because those have long been an issue with Ethereum for example, it has become one of the most popular alternatives for good reason. But be aware – Binance as an exchange has a lot of skin in the game, and their own interest can always influence how they develop the technology further and who they allow to use it.
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Wrapped BNB special?
Wrapped BNB is aon its own,uses to validate transactions,and is.Wrapped BNB also supports.
Interesting facts about Wrapped BNB
Here are some facts you may not already know about Wrapped BNB. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
The Binance Smart Chain supports smart contracts similar to Ethereum.
Wrapped BNB is the token that powers the Binance Smart Chain.
Wrapped BNB is the more powerful and versatile version of BNB.
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Wrapped BNB price and insights
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-0% past 1 week
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Market capitalization Very small
24 hour trading volume Very small
Market cap % of total Very small
# Discord members -
# Telegram members -
% of total supply circulating Very small
What’s the community like?
Community matters for projects like Wrapped BNB, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.