?>

Top 7 Coins on BNB Chain to Watch in 2023

6.7 k views
Top 7 Coins on Binance Smart Chain (BSC) to Watch in 2022

BNB Chain continues its streak of unprecedented growth. Whether token swaps, NFTs, or decentralized markets, BNB Chain supports more than one option to earn significant yield and make the crypto landscape more exciting.

BNB Chain is a one-of-a-kind new blockchain with a dedicated environment that supports decentralized and high-performing applications. The cross-chain compatibility of BNB Chain is one of its hallmark aspects. Also, it allows users to reap the benefits of the Binance Ecosystem and BNB Chain.

BNB Chain is a standalone blockchain network that supports smart contract compatibility with EVM (Ethereum Virtual Machine). As a result, BNB Chain is highly flexible and viable and allows you to use coins from different chains.

Types of BNB Chain Coins

It is vital to understand that BEP-20 and BEP-721 tokens are two different types of coins that the BNB Chain supports. Unlike BEP-20 fungible tokens, BEP-721 refers to NFTs that work on Binance’s network. Therefore, the focus of this article will be on BEP-20 coins in terms of market capitalization, popularity, and future potential.

Now, let’s review the top 7 BNB Chain coins that you should keep an eye on in 2023:

1. Binance Coin

BNB token, or Binance Coin, has been around since 2017. Initially, Binance Coin was issued to support ERC-20 and run on the leading Ethereum network. At the time of the launch, the supply of the BNB token was 200 million, and it offered 100 million tickets in the initial coin offering. One of the main perks of the BNB token is its utility to pay a fee for participation in token sales or on the central Binance exchange.

What’s more, is that BNB complements the Binance decentralized exchange. BNB Chain is designed to ensure cross-chain compatibility and help users reap the full benefits of the Binance Chain. You can also leverage smart contract compatibility and functionality through Ethereum Virtual Machine.

With each quarter, Binance uses 1/5th of its profits to buy back and burn Binance coins in the treasury. In a short time, the BNB token has expanded to various applications. For instance, you can use the BNB token to pay for transaction fees, online services, financial services, entertainment, and travel bookings.

2. PancakeSwap

The PancakeSwap or CAKE refers to the BEP20 token. PancakeSwap was launched on BSC and allowed users to trade various tickets and cryptocurrencies. At its core, CAKE fuels the liquidity provision on the PancakeSwap platform. It will enable users to stake their tokens and earn significant rewards. Token holders need to deposit LP tokens and then lock them up.

When it comes to purchasing tokens, Pancake Swap retains custody. PancakeSwap token works on an automated market maker (AMM) model. One of the most exciting things about the PancakeSwap pass is that it allows users to farm CAKE, its native coin. PancakeSwap also enables customers to stake their coins into different Syrup Pools that significantly reward users.

3. Dypius

Dypius (Formerly known as DYP Finance) allows users to tap into the DeFi space with various products (yield farming, staking, vaults, etc.) and builds within the metaverse with their upcoming metaverse game, the World of Dypians.

Dypius compresses the impact of a large user base. This protocol comes with an anti-manipulation feature that minimizes the overall effect of converting tips onto native platforms. The anti-manipulation feature ensures stability and transparent liquidity access. It also simplifies and secures the DeFi platform for all users.

Fundamentally, DYP is a unique platform that provides yield farming and staking solutions. It also allows users to use modern and advanced DYP tools. The hallmark aspect of DYP is its decentralized dashboard tool. It has advanced features like Community Trust Vote System, Decentralized Score, LunachPad, and DYP Locker. The idea is to help investors make logical decisions, minimize risks, and maximize yields. Recently, the DYP team launched V2 Staking, Buyback, and Farming Pools on BNB Chain to strengthen their market position. Dypius is also available on Ethereum and Avalance.

4. GALA (GALA)

GALA is the digital asset of the Gala Games platform that allows users to make P2P payments with rewarding nodes. Users must get a license to run a dedicated software code from their computer and earn rewards in GALA tokens. On top of all, users can also make NFTs. During the 2021 bull run, the price of the GALA token has had a consistently high trajectory, and experts predict that its token price will continue to increase in the future.

5. Ankr (ANKR)

ANKR is the central native governance and utility token of the ANKR ecosystem. Currently, it has more than a 10 billion supply of tokens, with 7 billion tokens already in circulation. Moreover, the ANKR token is an ERC-20 token that users can store and trade on DEX or Ethereum wallets. In no time, the ANKR token has garnered consistent support and praise from various centralized exchanges.

In fact, after each CEX listing, the token value of ANKR has had a boost. This is because the ANKR token works on the ANKR platform, a multi-faceted ecosystem that integrates a wide range of protocols for blockchain adoption. Interestingly, ANKR caters to users, developers, and enterprises. And Apart from BNB Chain, ANKR stakers can access more than 40 blockchains like Ethereum, Polkadot, and many others.

6. Coin98 (C98)

Coin98 allows users to access products across more than 20 blockchains. Coin98 has up to 284,000 users who have generated $216 million through 488,000 transactions. Furthermore, since Coin98 makes different blockchains accessible, users can get the best prices on swapping tokens.

It also offers an optimized gas fee and helps users explore different paths to complete transactions. C98 coin is compatible with blockchains like Ethereum and BNB Chain. You can use C98 for staking rewards, earn a transaction fee, and avail of membership discounts on a long list of products and services.

C98 coin also allows users to assume control over governing protocols and submit proposals about the Coin98 ecosystem. As a result, coin98 may have fewer followers than other BNB Chain-compatible coins, but the total supply volume paints a different story and hints at its growth opportunities.

7. Trust Wallet Token (TWT)

TWT (Trust Wallet Token) is a BEP-20 asset that empowers innovative contract crypto projects and works on BNB Chain. And since the BNB Chain has fewer gas fees than other blockchain projects, TWT offers faster transaction response time with token bonuses on BNB Chain.

In short, TWT offers added value to users of Trust Wallet. For example, you can process TWT as a service payment or swap it with another crypto asset. Furthermore, as a governance token, TWT has many use cases and allows users to reap many benefits of token features. For instance, TWT holders can partake in any Trust Wallet with governance protocol.

Final Thoughts

The BNB Chain couldn’t be perfect for crypto users who want a low-cost and speed platform.

Binance Coin coin symbol
Bnb
Binance Coin
$568,95
price
red chart
decrease symbol1.28163%
price change
TRADE NOW

Although Ethereum is the most famous intelligent contract blockchain platform, it continues to become more congested. And if the slow transactions and high fees on Ethereum follow the same trajectory, it will pave the way for adopting a more affordable chain like BNB Chain.

Previous

Fed Joins BIS Innovation Hub For Research On CBDCs

Next

India Reconsiders Crypto Ban, Following Criticism

Written by

312 posts

Bogdan is a genuine outside-the-box thinker. His philosophy is never to settle and always evolve. Since the very first moment, he heard of Bitcoin, he knew it would revolutionize the world.

VIEW AUTHOR

More author posts

How High Will Solana Go in the Next Bull Run?

Solana (SOL), a blockchain designed for decentralized applications (dApps) and crypto-currencies, has garnered immense attention from investors. As we approach the possibility of a new bull run, one of the most frequently asked questions is: How high will Solana go? Understanding Solana’s Strengths Solana's architecture, which combines proof-of-stake (PoS) and proof-of-history (PoH), makes it one of the market's fastest and most scalable blockchains today. This high transaction throughput has earned Solana the reputation of being an “Ethereum killer,” competing with…

The Rise of New Online Crypto Casinos And What to Expect in 2024

Over the years, the online gambling industry has evolved many times, adapting to new technologies and meeting the demands of players worldwide. One of the biggest transformations in recent times has been the use of cryptocurrency in the online gaming sector. As digital currencies become mainstream, a new type of online casino is emerging—crypto casinos that accept cryptocurrencies as their primary mode of transaction. The rise of new online crypto casinos in 2024 is fueled by several key factors, including…

Discover Top Tron Casinos in 2024

Cryptocurrency casinos are becoming increasingly popular. Among the digital currencies, Tron (TRX) has become a favorite for many online gamblers, offering speed, security, and low transaction fees. In 2024, many platforms are using this innovative technology making TRON casinos more exciting than ever. [caption id="attachment_365516" align="aligncenter" width="750"] https://www.pexels.com/photo/bitcoins-beside-a-phone-6771664/[/caption] How Exactly Do TRX Casinos Work? TRX casinos operate on blockchain, allowing players to deposit, wager, and withdraw using TRX cryptocurrency. TRX casinos function similarly to traditional online casinos, but they use…

A Complete How-To for Safe Ethereum Casino Gambling in 2024

For those who are unfamiliar with the idea, navigating the world of Ethereum casino gaming may be both thrilling and intimidating. Ethereum has gained appeal as a cryptocurrency due to its ability to provide gamers with a more secure and decentralized online gaming experience. But there are a lot of hazards and factors to take in mind, and the terrain can be complicated. This article is intended to assist you in entering Ethereum casinos securely and confidently. It offers you…

Singaporean Blockchain Wallet Security Company Discovers New Type of Scam Targeting Centralized Exchanges

Fraudulent Transactions Exploit Wallet Vulnerability, Could Have Stolen More than $3 Million in TRX   CoinsDo, a Singaporean blockchain asset security company, has uncovered a sophisticated scam involving fake transactions and multiple smart contracts targeting major centralized cryptocurrency exchanges. While only a single successful instance of this scam has been confirmed, further analysis of the smart contracts in question revealed that the perpetrators initiated hundreds of these fake transactions, potentially defrauding exchanges, payment gateways, and centralized wallet companies of more…

Top 5 Cryptocurrency Exchanges to Use This Bull Run

Cryptocurrency exchanges are the junction points for the entire crypto industry. These digital platforms provide the main tools for buying, selling, or trading crypto assets. Millions of people use them daily, and their numbers skyrocket during a bull run like the one we're experiencing now. Despite the industry’s vast offering of over 300 crypto exchanges, we can’t even name two that offer an identical trading experience. Every platform has different liquidity volumes, safety standards, trading options, or tools. They also…

Publish your own article

Guest post article. Guaranteed publishing with just a few clicks

START PUBLISHING ADVERTISE WITH US

Browse categories

Explore trending topics in the crypto community right now.

Bitcoin

SEC Greenlights Multiple Bitcoin ETFs, Signaling Major Leap for Cryptocurrency Markets

The U.S. Securities and Exchange Commission (SEC) has made a landmark decision by approving 11 spot bitcoin exchange-traded funds (ETFs). This move represents a significant moment in the cryptocurrency industry, marking a shift towards greater institutional adoption and accessibility for investors. The approved ETFs include products from major firms such as BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust, ARK 21Shares Bitcoin ETF, Bitwise Bitcoin ETP Trust, WisdomTree Bitcoin Fund, Fidelity Wise Origin Bitcoin Trust, VanEck Bitcoin Trust, Invesco Galaxy Bitcoin…

Bitcoin Should be Banned in the United States: Charlie Munger

Berkshire Hathaway’s vice chairman, Charlie Munger, called for a ban on cryptocurrency in the United States on Monday, similar to the one in China.  In an op-ed published with the Wall Street Journal, Munger argued that Bitcoin isn’t a currency, commodity, or security, but simply a form of gambling “ with a nearly 100% edge for the house. As such, the enactment of a federal law should ban such things from happening. Munger cited the Chinese communist party’s ban on…

Tesla’s BTC Positions Remained Unchanged in Q4 of 2022

According to a new earning report from automotive manufacturer Tesla, the company did not sell any of its BTC holdings in the fourth quarter of 2022. Amid speculations that the company had traded BTC during the testing bears, CEO Elon Musk revealed it was yet holding on to its BTC stash. Tesla Maintains Holdings After Initial Sell-Off In Q2 of 2022, Tesla opted to sell 75% of all its BTC. The car manufacturer received close to $950M in exchange. Notably,…

Here’s When Grayscale Debates the SEC in Court on its Bitcoin Spot ETF

The District of Columbia Court of Appeals has marked a date for when Grayscale and the Securities and Exchange Commission (SEC) may present oral arguments regarding the approval of a Bitcoin spot ETF.  Each side will present its case at 9:30 am ET on March 7, with the SEC arguing against the product, and Grayscale arguing in favor.  Grayscale VS SEC The court date – revealed in a court order filed on Monday according to CNBC – is much earlier…

MORE ARTICLES

Ethereum

Ethereum’s Zhejiang Staking Withdrawal Testnet for Shanghai is Live

At 15:00 UTC on Wednesday, the much-anticipated Zhejiang testnet for staking withdrawal went live on Ethereum’s Beacon chain. Zhejiang will enable the testing of the Ethereum Improvement Proposal (EIP) 4895 which allows for staking withdrawals. This is in preparation for the network’s next major update, the Shanghai hard fork slated to launch sometime in March. Users Can Make Simulated Withdrawals with Zhejiang In a tweet yesterday, DevOps engineer at Ethereum foundation Barnabas Busa gave details about the Zhejiang testnet slated…

Ethereum Devs Disagree Over Technical Tweak as Shanghai Upgrade Nears

Post-merge Ethereum users have been eagerly awaiting the commencement of the network’s next major upgrade, Shanghai. However, after over 3 months of prep time, it appears the Shanghai rollout isn’t going as smoothly as expected. What Exactly is the Shanghai Upgrade? In September last year, the much-publicized Ethereum Merge also known as the Ethereum 2.0 upgrade went live. Ethereum underwent some significant changes as its consensus mechanism transitioned from proof-of-work to a cost-efficient proof-of-stake system.  However, since the Beacon launch…

FTX Hacker Converts 50k Stolen ETH to BTC

Per a report from blockchain analysis firm Chainalysis, the attacker behind the Nov 11 FTX exploit, is converting the stolen ETH to Bitcoin. There were muted fears the seemingly inexperienced perpetrator could dump all its ETH holdings. On Sunday, the attacker dumped 50k ETH on-chain, with ETH's price dipping by almost 7%.  https://twitter.com/chainalysis/status/1594349583416840199?s=20&t=pgvQHeVytI20eKQ1ls9bxw Hacker Moves 50,000 ETH to New Address Over the past week, the perpetrator had been steadily swapping the cryptocurrencies they had carted off for Ether tokens. This…

Censorship Concerns: 51% of Ethereum Blocks Now OFAC Compliant

According to new data, over half of the blocks on the Ethereum network now reportedly comply with the US Treasury OFAC’s standards. This comes roughly a month after the platform’s monumental merge update. Phasing Out Tornado Cash The Office of Foreign Assets Control is the intelligence and enforcement agency of the US  Treasury Department. Indeed, the OFAC administers and enforces US  financial sanctions. A prime example of this is the recent, highly-publicized ban on crypto mixer Tornado Cash.  According to…

MORE ARTICLES

Trading

How to Leverage Arbitrage Opportunities in Crypto Markets

Cryptocurrency arbitrage has become an increasingly popular investment strategy as the crypto market grows and evolves. Arbitrage involves taking advantage of pricing discrepancies between markets or exchanges to profit.  Investors can leverage profit opportunities by understanding cryptocurrency arbitrage while managing associated risks. In this guide, we'll explore cryptocurrency arbitrage and how it works. A Bitcoin-related example will help us illustrate the concepts of this strategy. What is Arbitrage and How Does it Work in Crypto Markets Crypto arbitrage trading is…

The Different Types of Copy Trading in Crypto

Are you interested in trading cryptocurrencies but feel intimidated by the complexity of the process? Copy trading is a great way to get into crypto without needing to be an experienced trader. With copy trading, investors can benefit from the experience and knowledge of more experienced traders, allowing even beginners to succeed. How does copy trading work, and which tips do you need to know to succeed? In this article, we'll explore all aspects of copy trading in crypto. What…

How to Spot an Unsafe Crypto Exchange

Cryptocurrency exchanges have become increasingly popular as they provide a platform for people to buy and sell digital assets. Unfortunately, not all crypto exchanges are safe or reliable.  With the rise of cybercrime and fraud, you must learn to spot an unsafe crypto exchange before investing your money. This guide will help beginners identify and avoid potential risks when selecting a cryptocurrency exchange.  The Role of Crypto Exchanges on the Digital Assets Market Cryptocurrency exchanges play a crucial role in…

What Is Grid Trading in Crypto?

Crypto grid trading has become a popular strategy because of its ability to help traders capitalize on market volatility. Grid trading means you can produce consistent profits by taking advantage of price differences in different markets or time frames. By establishing buy and sell orders at predetermined intervals, you can take advantage of these fluctuations in an automated way. This guide will explore the different aspects of grid trading and provide an overview of its benefits, challenges, and more. Through…

MORE ARTICLES

Tech

Introducing una Messenger: A Paradigm Shift in Blockchain Connectivity

The digital landscape is set for an unprecedented transformation with the introduction of una Messenger, the latest innovation from web3 development powerhouse Wemade. This platform represents an evolution of the "PAPYRUS Messenger," serving as the cornerstone of the ambitious "unagi" initiative, aimed at catalyzing the mass adoption of blockchain technology. The "Unbound Networking & Accelerating Growth Initiative" seeks to bridge the divides between diverse blockchain services and networks, heralding a new era of interconnectedness. A New Frontier in Blockchain Communication…

Bit2Me Champions WEMIX Token in Pioneering European Listing

Bit2Me, Spain's premier virtual asset exchange, has recently broadened the horizons for cryptocurrency enthusiasts by listing WEMIX, the cornerstone token of the WEMIX3.0 blockchain ecosystem. This marks a notable achievement as WEMIX's inaugural venture into the European market, emphasizing the token's role in facilitating a range of blockchain-based activities, from gaming transactions to decentralized finance (DeFi) applications. Launched with the intention to democratize access to WEMIX for the 450 million Spanish speakers around the globe, this strategic move aligns with…

CryptoVirally Expands with Fresh Crypto Marketing Offers and Cointelegraph Upgrades

In an exciting update for the cryptocurrency marketing landscape, CryptoVirally has announced a series of new entries and enhancements to its already comprehensive range of services. These updates, aimed at providing tailored marketing solutions for crypto projects, include new limited-time offers and expanded options for Cointelegraph publications. Limited Offers: A Game-Changer in Crypto Marketing  CryptoVirally's limited offers section presents an enticing opportunity for crypto projects to leverage high-impact marketing services at discounted rates. These offers, available for a limited period,…

Breaking Boundaries in Blockchain: WEMIX’s ‘una Wallet’ Sets New Standard for Multi-Chain Asset Management

The WEMIX Foundation has unveiled 'una Wallet,' a revolutionary digital wallet designed to offer unparalleled convenience and security in managing digital assets across various blockchain networks. The announcement, made on January 17, 2024, signifies a new era in the seamless integration of multiple blockchain protocols, including Arbitrum, Avalanche, BNB Smart Chain, Ethereum, Kroma, Optimism, Polygon, and WEMIX3.0. 'una Wallet' is more than just a digital wallet; it represents the culmination of WEMIX's innovative efforts in the blockchain space. It serves…

MORE ARTICLES