Wrapped BNB Token is another fast rising coin in the cryptocurrency market today.
On this article, we are going to review Wrapped BNB.
Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.
About Wrapped BNB
What is Wrapped BNB? wBNB is “wrapped BNB”. BEP20 is a standard allowing any tokens on Binance Smart Chain to be used by other applications: from wallets to decentralized exchanges in a consistent way. wBNB follows BEP20 standard except that there is no owner.
Wrapped BNB Supply
There are 6,034,018.97 WBNB in supply.
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Pros of Wrapped BNB
- A lot of investors are ‘flocking’ to invest
- It is now listed on Coinbase
- They are fully decentralized
Cons of Wrapped BNB
- The coin is still under development
- Multiple issues with its synchronizations between ledgers
Is Wrapped BNB Legit or Scam?
Due to the high rate of scam in cryptocurrency, a lot of traders have been trading in fear and most have also given up.
According to research, Wrapped BNB is not a scam coin. It has been listed on top cryptocurrency wallets like Blockchain, Binance and lots more.
Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about Wrapped BNB on the comment section below. Don’t forget to rate and leave a review.