Wrapped BNB company info

What does Wrapped BNB do?
Wrapped BNB (CRYPTO:WBNB) is a BEP-20 token that is pegged to the value of BNB. It is designed to allow users to use BNB on other blockchains, such as Ethereum and Solana. WBNB has a number of advantages over native BNB, including cross-chain compatibility, lower fees, and more liquidity. WBNB is still under development, but the team is working on a number of projects to improve its functionality and usability. WBNB is a promising new token that has the potential to make BNB more useful and accessible to a wider range of users.
Wrapped BNB company media
Company Snapshot

How many people does Wrapped BNB employ?

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Employees
2-10

What is the market cap for Wrapped BNB?

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Market Cap
$894.52M

What year was Wrapped BNB founded?

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Year Founded
2020
What does Wrapped BNB specialise in?
/BNB Chain /Wrapped Tokens

What are the products and/or services of Wrapped BNB?

Overview of Wrapped BNB offerings
Cross-chain compatibility: WBNB can be used on any blockchain that supports BEP-20 tokens. This makes it easier to use BNB in decentralized applications (DApps) that are built on other blockchains.
Decentralized finance (DeFi): WBNB can be used in a variety of DeFi applications, such as decentralized exchanges, lending platforms, and yield aggregators.
Gaming: WBNB can be used to purchase in-game items and currencies in blockchain-based games.
Lower fees: WBNB transactions typically have lower fees than native BNB transactions. This is because WBNB transactions are not subject to the same congestion as native BNB transactions.
More liquidity: WBNB is more liquid than native BNB on some exchanges. This means that it is easier to buy and sell WBNB.
Non-fungible tokens (NFTs): WBNB can be used to purchase and sell NFTs on NFT marketplaces.