Top 10 Binance Smart Chain BEP20 Tokens List & Guide
In this Modern World, token is used widely for financial transactions in various industries based on it is created aim. Token has some value for itself and most importantly the value of the token is not a fixed one. Tokens are built by writing and deploying smart contracts in popular blockchain platforms such as Ethereum, Tron, EOS, Binance Chain, Etc.
One of the most popular crypto exchange platforms in the recent days was known as Binance it offers trading in more that 45 crypto coins such as BITCOIN, ETHEREUM, LITECOIN, etc. Binance have its own native coin which was built under the Binance Smart Chain network called as BNB, Binance Smart Chain (BSC) was the own blockchain network in Binance Platform it will increases the flexibilty and speed ability of the blockchain network, In this Article we have to see about the list of top 10 Binance Smart Chain tokens. Before enter into the topic let see the quick definition of BEP20 Token.
What Is BEP-20 Token?
BEP-20 is a standard token on Binance Smart Chain (BSC) which is similar to the ERC20 standard token one of the famous Ethereum Token Standard. the main aim of this token to provide a flexible format for developers to launch a wide range of tokens on Binance Smart Chain. BEP-20 Tokens are fully powered with a BNB, One could create a native token on BEP-20 stabndards or else peg tokens from another blockchain to make use of BSC this was also called Peggy coins, which are almost BEP-20 versions of other crypto assets like XRP.
Top 10 Binance Smart Chain BEP20 Tokens:-
Binance USD (BUSD) is a 1:1 USD backed stablecoin which was issued by an binance and they co-ordinated with paxos and it was regulated by NYDS, Newyork state department of financial services, it’s aims to meld the stability of the dollar with an blockchian technology, It is an digital currency and issued as an ERC20 and it supports Bep20, Based on the price stability, BUSD plays an important role in payments, transactions and settlement and also in Decentralized Finance (DeFi),
You can transfer your digital dollars (BUSD) anywhere within a minute with an low cost on the blockhchain.
You can trade BUSD on different exchanges and DEX.
You can deposit your BUSD to earn an interest rate.
You can also use BUSD for payment options for goods and services.
You can use BUSD as loan assets and collateral.
You can store BUSD on exchange or in any crypto wallet.
Pancakeswap native token called as a CAKE it was built under a Bep20 token which was launched on Binance Smart Chain, the main function of CAKE is to incentivize the liquidty provision to the pancakes was a platform, Users can easily stake their tokens to earn rewards. It gives an opportunity to the users to invest and increase returns, CAKE can be used to enter a lottery pool on a Pancakeswap, this lottery pool can help to win an NFT(Non-Fungible Token) that can help to traded for CAKE.CAKE can be securely stored on the wallets which are connected to the Binance Smart Chain, it includes MetaMask, Trustwallet, TokenPocket.
PancakeSwap (CAKE) can be bought and Sell on the following exchanges like Binance, VCC Exchange, BKEX, Kucoin.
BakerySwap is a decentralized automated market-making (AMM) protocol and it was based on the Binance Smart Chain, BakeryToken (BAKE) token is a native Bep20 governance token on this platform. Users have an ability to earn more BAKE tokens by providing liquidty on a Bakeryswap, BAKE token holders can use their tokens for governance voting and to receive a transaction fee.
The BAKE is expected to provide more than 10 times the rewards which were compared to other pools. Bakeryswap has two types of liquidity pool called with BAKE rewards and without BAKE rewards.BAKE token charges a 0.30% fee on all swaps and trades. Liquidity providers can be used to stake bakery LP tokens to farm BAKE token rewards. BAKE token has on-chain monitoring and security checks.
Safemoon protocol operates with the SafeMoon Token as its native token and BinanceSmartChain can be worked main operational framework. SafeMoon was planning to develop a Non-fungible Token (NFT) exchange and also in crypto apps and charity projects, By using SafeMoon protocol, token holders will earn more SAFEMOON it’s depending on how many coins they had. It is a unique token that was similar to cryptocurrencies like Bitcoin, Ethereum and more.
Cream Finance is a decentralized P2P DeFi platform that provides lending, borrowing, payment and tokenization services for digital assets. It launches their native token called a C.R.E.A.M, this project was initially expected to launch on Ethereum network, it was launched by a Binance Smart Chain network, This token will allow users to lend, borrow assets. CREAM tokens can help to receive rewards in the staking period. Currently, there is a total supply of 9 million tokens which around of 150,000 are currently in circulation.
It is a platform that formed a platform between fiat and cryptocurrency world with the three main existing products called as a Swipe Multi-asset mobile wallet, Swipe Cryptocurrency funded debit card and the swipe token (SXP), SXP was the native token in the Swip network, these tokens are eligible for exclusive discounts on the Swipe app and it can be used for making fiat payment with help of swipe debit card, SXP token will have its max supply at 30million tokens, SXP holders can also stake their SXP and bond it to the Swipe network, it was available to trade on more than 50 different exchange platforms like Binance, Kucoin, Poloniex and more
ALPHA was the native token on the Alpha Finance Lab and it was built under the Binance Smart Chain, ALPHA was considered as a utility token, where the token holders can earn a share of network fees by staking ALPHA tokens to cover loans, Currently ALPHA had a total supply of 285,579,035 and max, it was initially launched with a circulating supply of 174.1 million tokens out of a total of 1 billion. It was backed by one of the most secure blockchain networks in popular usage.
Wrapped BNB was the wrapped version of the BNB native tokens on the BEP-20 Standard which was built under Binance Smart Chain, BEP20 is a standard token on the binance smart chain and it allows any tokens on the Binance smart chain from wallets to decentralized exchanges in a consistent way, WBNB was follows the same concept, this toke will also extend ERC20 to facilitate the cross-chain transfer. It can be traded directly with any alternative tokens
BUX Token was built under a Binance Smart Chain Powered BEP20 utility token which can be used on the BUX Crypto platform to trade with 0% commission and premium features, It aims to enrich a range of community features so it offers more advantages on the BUX crypto platform, BUX goal is to create a strong use case for BUX, It has a current supply of 57,904,773 BUX tokens and max with a total supply of 76,384,000 BUX Coins.
BURGER was the native token of Burger Swap and it was the first democratized and decentralized automated market maker (AMM) on Binance Smart Chain, It was built without the control of any centralized authorities through the use of smart contracts, BURGER token will allow any user to create proposals and adjustment of transaction fees, block rewards and other system parameters of the Burger Swap exchange.
Where to Create Binance Smart Chain BEP20 standard Tokens like BUSD, WBNB, CAKE and more?
As a leading Token Development Company, Developcoins specialized in providing the best BEP20 token development services to launch your Binance Smart Chain BEP20 standard Tokens like above all mentioned tokens, Our skilled token developers who are experienced in the blockchain technology to build your own bep20 standard tokens on the binance smart chain blockchain platform and ensure basic functionality for the BEP20 token, like token, transferring, returning a balance, viewing token ownership, etc.