make bep20 token

Create your own BEP20 Token and deploy it to Binance Smart Chain (BSC) with a simple click. No coding skills are required. With our BEP20 Token Generator you can create and deploy smart contract in less than a 5 minutes directly from your browser.

Please visit cointool.website

#bep20 #token #bsc #binance #generator #creator 

make bep20 token

create your own cryptocurrency 2023

Create your own BEP20 Token and deploy it to Binance Smart Chain (BSC) with a simple click. No coding skills are required. With our BEP20 Token Generator you can create and deploy smart contract in less than a 5 minutes directly from your browser.

Please visit cointool.website

#bep20 #token #bsc #binance #generator #creator

create your own cryptocurrency 2023

Create your own BEP20 Token and deploy it to Binance Smart Chain BSC

Create your own BEP20 Token and deploy it to Binance Smart Chain (BSC) with a simple click. No coding skills are required. With our BEP20 Token Generator you can create and deploy smart contract in less than a 5 minutes directly from your browser.

Please visit cointool.website

#bep20 #token #bsc #binance #generator #creator

Create your own BEP20 Token and deploy it to Binance Smart Chain BSC
Ben Taylor

Ben Taylor

1667620500

Top 30 BEP20 Cryptocurrencies by volume

BEP20 is the standard for creating tokens on BSC, or using Binance Smart Chain development. Tokens are a valuable component of any blockchain-based system, dApp, platform, or economy.

They facilitate the movement of value and help track every activity on the blockchain. In other words, they are key to conducting many kinds of transactions.

The abbreviation “BEP” is short for for “Binance Smart Chain Evolution Proposal”. BEP20 is the token standard created by Binance for Binance Smart Chain, the smart contract platform that runs parallel to the original Binance Chain.

In this article, you'll see Top 30 BEP-20 Cryptocurrencies by volume, date 5/11/2022

 Name/TokenDescribeWebsiteExchange
1

Binance USD - BUSD

Binance USD (BUSD) is a 1:1 USD-backed stable coin issued by Binance (in partnership with Paxos), Approved and regulated by the New York State Department of Financial Services (NYDFS), The BUSD Monthly Audit Report can be viewed from the official website. Launched on 5 Sep 2019, BUSD aims to meld the stability of the dollar with blockchain technology. It is a digital fiat currency, issued as ERC-20 and supports BEP-2.

BUSD is 100% backed by reserves held in either or both (i) fiat cash in dedicated omnibus accounts at insured U.S. banks and/or (ii) U.S. Treasury bills (including through repurchase agreements and/or money-market funds invested in U.S. Treasury bills). BUSD is approved by the New York State Department of Financial Services (NYDFS). BUSD is issued by Paxos Trust Company, LLC (Paxos) in partnership with Binance and can be issued and redeemed without any extra fee. Paxos issues BUSD on the Ethereum blockchain. In addition, Binance offers a wrapped BUSD token (Binance-Peg) on BNB Chain.
 

LinkTrade 
2

PancakeSwap - CAKE 

PancakeSwap is an automated market maker (AMM) — a decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming and earning fees in return.

It launched in September 2020 and is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return.

These tokens can later be used to reclaim their share of the pool, as well as a portion of the trading fees. These LP tokens are known as FLIP. PancakeSwap also allows users to farm additional tokens such as CAKE and SYRUP. On the farm, users can deposit LP tokens and get rewarded with CAKE.

PancakeSwap allows users to trade BEP20 tokens, provide liquidity to the exchange and earn fees, stake LP tokens to earn CAKE, stake CAKE to earn more CAKE and stake CAKE to earn tokens of other projects.

LinkTrade 
3

THORChain - RUNE 

THORChain uses a unique system to help mitigate the issue of “impermanent losses” — or the often temporary losses that a liquidity provider can experience when contributing to liquidity pools. It achieves this by using a slip-based fee to help ensure liquidity stays where it is needed.

THORChain combines a range of novel technologies, including on-way state pegs, a state machine, the Bifröst Signer Module and a TSS protocol to seamlessly facilitate cross-chain token swaps permissionlessly. This is all kept behind the scenes, making the platform accessible to even inexperienced traders.

The protocol isn't profit-oriented. All fees generated by the protocol go directly to the participants eg. node operators and liquidity providers, and there are no provisions for the team. Instead, the team is incentivized by simply holding RUNE — just like everyone else.

The RUNE token is currently available on multiple blockchains, including Binance Chain (as a BEP-2 token) and Ethereum (as an ERC-20 token) however support will end or these in favour for Native RUNE

LinkTrade 
4

Trust Wallet Token - TWT 

Trust Wallet Token, or TWT, is a simple BEP-20 utility token that provides a range of benefits and incentives to Trust Wallet users. Trust Wallet itself is a mobile cryptocurrency wallet that supports dozens of popular native assets, in addition to popular tokens on the Ethereum, Binance and TRON blockchains.

Holders of TWT tokens unlock a variety of benefits when using Trust Wallet, including discounts on in-app cryptocurrency purchases and on the use of decentralized exchange (DEX) services. TWT holders can also participate in the governance of Trust Wallet and can vote on Trust Wallet update proposals, helping to shape the development of the app.

Trust Wallet Token was initially launched as a BEP-2 asset on Binance Chain, but was relaunched as a BEP-20 token on Binance Smart Chain in October 2020.

LinkTrade 
5

Mobox - MBOX 

MOBOX - Is a gaming platform & metaverse creator that combines automated optimized DeFi yield farming and gaming NFTs to create a GameFi metaverse — the MOMOverse , is a cross platform metaverse that can be enjoyed on all devices no matter where you are. Whether it is creating content or enjoying others’ creations, the MOMOverse rewards players, developers, and collectors for their engagement and enjoyment.
 
LinkTrade 
6

WazirX - WRX 

WazirX claims to be India's fastest growing cryptocurrency exchange with over 400,000 users, with an average app rating of 4.6. WazirX is a part of the Binance ecosystem. WazirX and Binance have launched a $50 Million USD ‘Blockchain For India’ fund.

WRX is the utility token of WazirX. WRX token is based on the Binance blockchain. Its total supply is 1 Billion. The token holders will be rewarded with various benefits on the trading exchange like trading fee discounts, WRX trade mining, token airdrop, margin fee, and more. WRX and WRX are backed by Indian entrepreneurs with over 10 years of experience in building and scaling global products out of India. WazirX was also acquired by Binance in November 2019. The goal of WazirX is to make crypto accessible to everyone in India.

LinkTrade 
7

Radio Caca - RACA 

The Radio Caca ecosystem is developed by the Radio Caca DAO (Decentralized Autonomous Organization), and is one of the top 10 largest Metaverse projects by market cap.

The Radio Caca DAO is also the managerial body of the rare Maye Musk Mystery Box (MPB) NFTs – one of the most valuable NFTs on the BSC ecosystem.

The RACA coin, which is the native coin of the Radio Caca ecosystem, is the BEP-20 token used for DAO governance and virtual gameplay. The RACA coins and the NFTs can be staked to earn other NFTs.
 

LinkTrade 
8

Biswap - BSW 

Biswap (BSW) is a decentralized exchange (DEX) for BEP-20 tokens on Binance Smart Chain (BSC). Biswap promises the lowest transaction fees of any BSC exchange at 0.1% and vows to be committed to innovation in DeFi through its high-quality products and services. Its referral system allows users to invite others and receive referral fees from farms, launch pools, swaps, and a lottery.

Biswap’s core products include the standard DEX functions like an AMM, liquidity pools, yield farming, an NFT marketplace, and an IDO launchpad. 

LinkTrade 
9

Everdome - DOME 

Everdome is a metaverse belonging to the Metahero ecosystem. Metahero ultra-HD avatars and real-world scanned objects will engage in the Everdome metaverse, which will act as the destination for Metahero’s tech to interact and flourish. Everdome thus aims to create a ubiquitous web3 experience, which sweeps users off their feet with its hyper-realistic graphics.

The Everdome metaverse wants to capitalize on the growing Metaverse trend that saw companies like Facebook, Microsoft, and Nike getting onboard. The project envisions global adoption of the metaverse in the realms of social interaction, gaming, business, and others. It also expects the creation of land in the metaverse to follow a similar logic to the real world - one of scarcity and high prices for in-demand virtual real estate. 

LinkTrade 
10

RichQuack - QUACK 

Rich Quack is another hyper-deflationary Binance Smart Chain (BSC) meme token that aims to pay out rewards to holders by “frictionless yield generation”. Holders do not need to stake or wait for fees to be delivered. Fees are awarded by the smart contract and are immediately reflected in the holder's balance.

Rich Quack is aimed at providing its holders with a chance to make money, by investing, building, holding and winning.

The protocol generates frictionless yield by applying a 12% fee for each transaction. 4% of each transaction is distributed to holders, and another 4% is provided to the QUACK/BNB liquidity pool. 2% goes to pump and burn wallets to create “an ever rising price floor”, and 2% goes to the marketing and developer wallet.

LinkTrade 
11

BTC Standard Hashrate Token - BTCST 

BTCST is a token collateralized by real Bitcoin mining power; by staking BTCST, holders can receive daily Bitcoin contributions that correspond to the staked mining power. As such, BTCST allows users to mine Bitcoin from inside the decentralized finance (DeFi) ecosystem.

BTCST is based on the BEP-20 standard. Snapshots of user balances and total pool balances are taken each hour in order to calculate user rewards. Each pool’s annual percentage yield (APY) and total balance are updated in real-time, and tokens can only be staked in one pool at a time. Users are allowed to unstake their funds at any time and participate in any of the other available pools.

BTCST is a cloud mining platform deployed on the Binance Smart Chain. It offers daily payouts that are executed by a decentralized application (DApp).

LinkTrade 
12

Coin98 - C98 

Coin98 is a decentralized finance (DeFi) solution that allows users access to cross-chain swaps, staking and yield farming.

Coin98 aims to fulfill untapped demand in the industry and become a Gateway bridging TradFi users to any DeFi services on multiple blockchains. It accomplishes this mission through a full suite of products, including Coin98 Wallet, Coin98 Exchange, and Space Gate (cross-chain bridge).

The C98 token is the native utility token of the Coin98 platform and will be used to pay services fees, as staking incentives, for governance, and unique membership rights.

LinkTrade 
13

Alpha DAO - ALPHA 

Alpha Venture DAO is a community of daring individuals who aspire to shape the future of Web3 and expand the Web3 ecosystem together with a network of Web3 industry leaders and Alpha community.

Alpha Venture DAO aims to be a massive ecosystem of decentralized applications that capture value regardless of which chains or sectors dominate Web3 in the future. Alpha Venture DAO and ALPHA will be the gateway for the community to contribute meaningfully and "truly" own high-quality Web3 projects. If you believe in Web3 innovation, then Alpha Venture DAO is the place for you.

ALPHA token is no longer a token for just one single product or project, but rather a proxy for Web3 innovation.

LinkTrade 
14

Seedify.fund - SFUND 

Seedify.fund(SFUND) Seedify is a blockchain gaming-focused incubator and launchpad that empowers innovators and project developers through access to funding, community and partnership building, and a full support system to help drive the future of gaming and blockchain.

Its ecosystem also includes an NFT launchpad for gaming and metaverse assets, along with the industry's first gaming-and-metaverse-asset-centric NFT marketplace, Seedify NFT Space.

LinkTrade 
15

BakeryToken - BAKE 

BakeryToken (BAKE) is a part of the BakerySwap ecosystem. Liquidity providers are rewarded with BAKE tokens which can be used to earn a share of BakerySwap’s trading fees and to participate in voting as part of BakerySwap’s governance process.

BakerySwap is a decentralized automated market-making (AMM) protocol that is based on the Binance Smart Chain (BSC). The BAKE token is a native BEP-20 governance token on the platform.

Users have the ability to earn BAKE tokens by providing liquidity on BakerySwap, and BAKE holders can use their tokens for governance voting and to receive transaction fee dividends. The BAKE rewards are offered in several liquidity pools, initially including BTC, ETH, DOT, LINK, BUSD and BAKE versus BNB.

LinkTrade 
16

Alpaca Finance - ALPACA 

Alpaca Finance is the largest lending protocol allowing leveraged yield farming on Binance Smart Chain. It helps lenders earn safe and stable yields, and offers borrowers undercollateralized loans for leveraged yield farming positions, vastly multiplying their farming principals and resulting profits.‌

As an enabler for the entire DeFi ecosystem, Alpaca amplifies the liquidity layer of integrated exchanges, improving their capital efficiency by connecting LP borrowers and lenders.

LinkTrade 
17

Unifi Protocol DAO - UNFI 

Unifi Protocol is a revolutionary approach to blockchain economics. The concept is simple - the network will use a stablecoin as its gas token to remove transaction volatility and inflation. The project aims to create the next class of blockchain, built on the principle of economic sustainability. Building a blockchain, not another cryptocurrency.

UNFI is the governance token for Unifi Protocol DAO. UNFI holders have exclusive rights to propose and participate in referendums 

LinkTrade 
18

BurgerCities - BURGER 

BurgerCities aims to create a unified and standardized metaverse world of Web3 via integrating DeFi, NFT to the wider Metaverse. In this world, users could carry out daily events such as social, gaming, etc. Meanwhile, they could experience DeFi and NFT functions with their own avatars such as trading, staking, NFT exhibitions or Gamefi, etc.

Currently deployed in Binance smart chain, it will be expanded to other public chains in the future.

LinkTrade 
19

Scallop - SCLP 

Scallop is an innovative fintech decentralized ecosystem built to offer users a faster and more efficient way to securely manage crypto and fiat currencies in a single place.

Scallop is a robust platform that combines decentralized financial services with banking features such as bank accounts, cards, remittance and much more - to promote the general usage of crypto in daily life. Scallop’s mission is to bring digital assets into mainstream use and accelerate the transition to a more equitable and decentralised ecosystem.

The Scallop token, SCLP, will be an ERC-20 and BEP token and will be an integral within the Scallop ecosystem. It has several native use cases such as receiving trading bonus payments, staking, payment of transaction fees, etc.

LinkTrade 
20

Thetan Arena - THG 

Thetan Arena is also a play-to-earn game, allowing players to get rewards simply by interacting with the platform.  

The NFTs used in Thetan Arena give players ownership over game characters and other items, such as skins and weapons. The game can also be played for free without the NFT aspect, although it requires quite a lot of skill to earn a profit this way.

Interestingly, this is so far the only game of its type in which the purchased NFT characters have a limited lifecycle of usability. In other words, there’s a limited number of matches in which each of the NFT items can earn the in-game currency. After this number has been reached, the players are no longer awarded for playing with them and purchase a new NFT character.

LinkTrade 
21

Ariva - ARV 

Ariva (ARV) is a cryptocurrency intended for international and local tourism use. Members of the Ariva ecosystem can connect with tourism service providers and make bookings using cryptocurrencies. Simply put, the Ariva portal aspires to be a decentralized blockchain-based marketplace for tourism-related services.
 
LinkTrade 
22

GameFi - GAFI 

GameFi is an all-encompassing hub and one-stop shop for game finance, serving game studios, players, traders, and investors. GameFi will bring the gaming community the promising blockchain game initiatives developed on the BSC and Polygon networks, which host most of the top-rated play-to-earn titles. Simultaneously, GameFi is the first marketplace to enable cross-games trading of in-game items and NFTs.

GameFi is strongly backed by Icetea Labs, an incubation for rising projects such as Faraland and Kaby Arena, and DAO Maker, a launchpad for numerous high-profile game projects. This collaboration is a crucial first step providing a solid foundation for the growth of GameFi's ecosystem.

LinkTrade 
23

Altura - ALU 

Altura is an open web3-gaming infrastructure platform that combines all the tools developers need to integrate web3 into their games.

Altura makes it easy to mint, integrate, update, and transfer blockchain-backed assets in-game using free, powerful, well-documented API and SDKs so game developers can focus on what matters most - building games.

Developers can list their games and NFTs on the Altura Marketplace, where thousands of users buy, sell and trade NFTs daily. Altura also offers staking, allowing ALU holders to earn up to 15% in staking rewards on their ALU.

LinkTrade 
24

Position Exchange - POSI 

Position Exchange is the new Decentralized Trading Protocol, powered by a vAMM and operating on Binance Smart Chain initially, aiming to bridge the gap between people and the cryptocurrency markets and enhance trading experiences.

The platform is designed to deliver all the advantages of Decentralized Finance whilst bringing the traditional Centralized Finance experience and tools onboard. To mention High leverage, low slippage, and low costs as well as limit orders all while solving the liquidity issue using the vAMM.

The platform is empowered by the POSI token, its native deflationary utility token serving as the backbone of its Ecosystem.

LinkTrade 

Article data used by coinmarketcap


How and Where to Buy BEP20 Cryptocurrencies?

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

Top exchanges for token-coin trading.

BinanceBybitBitfinexHuobiMXCFTXGate.io

Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase Coin/Token from the Binance exchange.

Read more: 100 Best ERC-20 Cryptocurrencies by volume

Thank you for reading !

#blockchain #bitcoin #cryptocurrency #bnb #bep20 #binance 

Top 30 BEP20 Cryptocurrencies by volume

Top 6 sàn tiền ảo uy tín nhất thế giới và Việt Nam

Cách đây 10 năm, các sàn giao dịch tiền ảo chưa phổ biến như bây giờ và không nhiều người tin rằng họ có thể kiếm lời từ việc đầu tư vào tiền ảo. Nhưng chỉ trong vài năm gần đây, thị trường tiền tiền điện tử đã thay đổi nhanh chóng. Chứng kiến Bitcoin làm rung chuyển thế giới, một người đàn ông bỗng trở nên giàu có vì trước đó anh ta đã mua hàng trăm Bitcoin trong ví của mình. Các doanh nghiệp đã bắt đầu chấp nhận bitcoin như một phương tiện thanh toán và một số quốc gia đã thừa nhận giá trị của nó. Có lẽ không xa, tiền điện tử sẽ trở thành một phương tiện lưu thông tài chính như tiền fiat. Đây là lý do tại sao mọi người đều đổ tiền của họ vào đầu tư Bitcoin.

Một trong những rào cản lớn nhất đối với các nhà đầu tư mới là nỗi sợ bị lừa đảo. Có rất nhiều trường hợp nhà đầu tư chẳng nhận được gì, bị lôi kéo vào các sàn giao dịch tiền ảo trá hình, đưa ra những lời đề nghị hấp dẫn và kiếm bội số lợi nhuận. Hãy nhớ rằng đầu tư luôn đi kèm với rủi ro và không ai có thể đảm bảo rằng một khoản đầu tư sẽ luôn sinh lời. Vì vậy các bạn hãy dành thời gian tìm hiểu thật kỹ để chọn cho mình một sàn giao dịch tiền ảo uy tín nhé!

Dưới đây là list sàn tiền ảo thế giới và trong nước được Tienaogiatot xếp hạng cao về độ uy tín và điều kiện giao dịch để bạn tham khảo:

Các sàn tiền ảo uy tín trên thế giới

Hiện nay trên thế giới có rất nhiều sàn tiền ảo uy tín với quy mô cực lớn hỗ trợ giao dịch ở bất cứ nơi nào trên thế giới. Tuy nhiên, không phải sàn tiền điện tử nào cũng đáp ứng đủ tiêu chí và hỗ trợ tốt cho thị trường Việt Nam. Dưới đây là 3 sàn giao dịch tiền điện tử được nhiều trader Việt lựa chọn nhất:

#1 Sàn Binance

Binance chính là sàn giao dịch tiền ảo lớn nhất thế giới hiện nay được thành lập vào năm 2017 tại Trung Quốc, CEO là Changpeng Zhao. Tuy nhiên, do nhiều chính sách thắt chặt đầu tư tiền ảo tại Trung Quốc mà trụ sở đã được di dời đến quốc đảo Malta. Đáng chú ý là sàn Binance có hỗ trợ tiếng Việt nên là sàn được nhiều trader Việt lựa chọn nhất.

Sàn giao dịch tiền điện tử Binance

Sàn giao dịch tiền ảo lớn nhất thế giới – Binance

Ưu điểm của sàn Binance

  • App giao dịch của sàn có giao diện thân thiện, dễ sử dụng, có hỗ trợ tiếng Việt.
  • Dễ dàng tải app giao dịch trên cả điện thoại hay desktop để sử dụng
  • Hỗ trợ hơn 300 đồng tiền điện tử được giao dịch nhiều nhất và hơn 1000 cặp giao dịch.
  • Tính thanh khoản cao: Khối lượng giao dịch trên ngày hoàn toàn vượt trội các sàn còn lại.
  • Phí giao dịch cực thấp chỉ 0.1%, nếu bạn trả phí bằng BNB (coin riêng của sàn Binance) sẽ có chính sách giảm giá 25%.
  • Thêm nhiều sản phẩm khác để lựa chọn như: staking, futures, options,…
  • Được người Việt hỗ trợ và giao dịch bằng tiền Việt qua Binance P2P.
  • Có quỹ bảo hiểm (SAFU) trích từ 10% phí giao dịch bảo vệ người dùng khi sàn bị hack. Như thế bạn có thể yên tâm là dù sàn gặp rủi ro thì cũng sẽ ảnh hưởng đến bạn nhiều.

Nhược điểm của sàn Binance

  • Vào năm 2019, sàn binance đã từng bị hacker tấn công và lấy đi hơn 7000 BTC. Tuy nhiên, nhờ quỹ bảo hiểm người dùng SAFU nên các nhà đầu tư không bị thiệt hại gì.

Tổng kết: Nếu bạn đang muốn tìm một sàn giao dịch bitcoin và các loại tiền điện tử uy tín; thì đây chắc chắn nên là sự lựa chọn đầu tiên của bạn.

#2 sàn Houbi

Huobi chính thức ra mắt sàn Huobi bitcoin vào năm 2013. Chỉ trong thời gian ngắn, sàn tiền ảo này đã trở thành sàn giao dịch lớn nhất tại Trung Quốc với khối lượng giao dịch vượt 4 tỷ USD (Thống kê 12/2013). Giai đoạn khó khăn bắt đầu từ 2017 khi Trung Quốc tiến hành siết chặt giao dịch tiền điện tử trong nước. Vì lẽ đó Huobi đã tiến vào thị trường Hàn Quốc, Nhật Bản và bây giờ họ có trụ sở chính tại Singapore.

Sàn mua bán bitcoin Huobi

Trang chủ của sàn tiền điện tử Huobi – sàn giao dịch uy tín hàng đầu thế giới

Ưu điểm của sàn Huobi

  • Giao diện thân thiện dễ sử dụng, có hỗ trợ đa ngôn ngữ, trong đó có tiếng Việt.
  • Có hỗ trợ giao dịch nhanh trên ứng dụng mobile và desktop.
  • Tính thanh khoản lớn, khối lượng giao dịch lớn thuộc top đầu trên thế giới.
  • Hỗ trợ giao dịch bitcoin và rất nhiều altcoin khác nhau và gần nghìn cặp giao dịch.
  • Tính bảo mật cao: lưu trữ tài sản trong kho lạnh, xác thức 2 yếu tố, kích hoạt tài khoản qua sms, email. Ví tiền được theo dõi 24/7 để xử lý nhanh chóng khi gặp điều gì bất thường.
  • Huobi cũng có quỹ bảo hiểm tương tự sàn Binance nên bạn có thể yên tâm phần nào.

Nhược điểm của sàn Huobi

  • Bạn sẽ khá mất thời gian nếu muốn rút số tiền lớn vì cần phải xác nhận thủ công.
  • Phí giao dịch cao hơn sàn Binance, tới 0.2%. Tuy nhiên, nếu giao dịch với số lượng BTC lớn sẽ phí sẽ giảm dần. Còn có thêm chính sách khuyến khích trả phí bằng Huobi token để được giảm 50% phí.

Tổng kết: Ngoài Binance thì có lẽ Huobi cũng không hề kém cạnh về độ uy tin và trải nghiệm của khách hàng. Vì vậy đây là sàn tiền ảo uy tín mình đánh giá là sự chọn tuyệt vời thứ 2 nếu bạn muốn đầu tư tiền ảo.

Nguồn: https://tienaogiatot.com/san-tien-ao/

#tienaogiatot #broker #santienao #binance #Huobi #coinbase #vicuta #remitano #vcc

Top 20 Tokens on Binance Launchpad

Crypto investors basically participate in an initial exchange offering (IEO). An IEO is a crypto fundraising model where the project receives the backing of an exchange. The platform helps investors discover promising crypto projects before they enter the mainstream.

In other words, investors can use crypto launchpads to keep tabs on interesting projects in their infancy. One major advantage to launchpads is that they usually yield massive gains for investors.

Therefore, Binance Launchpad is a token launch platform that assists blockchain startups in raising funds for new projects. The exchange also provides knowledge and support so that the team can broaden its reach of investors. Some token launches have generated over xx returns for investors. 

☞ Visit Binance Launchpad 

In this article you will see Top 20 Tokens on Binance Launchpad by Volume, date: 22/10/2022

1. Polygon - MATIC

DescribeWebsiteExchange

Polygon is self-described as a Layer 2 scaling solution, which means that the project doesn’t seek to upgrade its current basic blockchain layer any time soon. The project focuses on reducing the complexity of scalability and instant blockchain transactions.

Polygon uses a customized version of the Plasma framework which is built on proof-of-stake checkpoints that run through the Ethereum main-chain. This unique technology allows each sidechain on Polygon to achieve up to 65,536 transactions per block.

Commercially, the sidechains of Polygon are structurally designed to support a variety of decentralized finance (DeFi) protocols available in the Ethereum ecosystem.

While Polygon currently supports only Ethereum basechain, the network intends to extend support for additional basechains, based on community suggestions and consensus. This would make Polygon an interoperable decentralized Layer 2 blockchain platform

 

LinkBuy

2. Axie Infinity - AXS

DescribeWebsiteExchange

Each Axie possesses six out of the hundreds of different potential body parts — each of which has its own battle move. This produces essentially endless variety among Axies, with most Axies having relatively weak statistics, while those with the strongest combination of body parts can have incredible stats.

Unlike some other blockchain-based battling and breeding games, each Axie can only be bred a total of seven times to help control the population of Axies.

Axie Infinity has its own mating hub to help players find a suitable match to breed their Axie with to stand the best chance at producing a rare or powerful offspring. It costs 0.005 ETH in addition to Small Love Potion (SLP) tokens to breed Axies.

AXS token holders will soon be able to stake their tokens to receive regular rewards. But unlike some other stakeable assets, AXS holders will also need to vote and play to claim their rewards.

LinkBuy

3. STEPN - GMT

DescribeWebsiteExchange

STEPN is a self-styled “Web3 lifestyle app” with GameFi elements on the Solana blockchain. It combines aspects of a play-to-earn game with a fitness app to create a new category coined “move-to-earn.” Users buy NFT sneakers, which they can use to earn in-game currency while walking, running, or jogging.

STEPN aims to revolutionize the market of fitness applications by incentivizing millions of users to follow a healthier lifestyle. The app solves several problems like “proof of movement” - proving that users really exercised - and a functioning GPS system. Moreover, STEPN incentivizes users financially and plans to introduce social rewards elements and successfully contributes to carbon neutrality.

The application is available for Android and iOS and has gone from its inception stage to the open beta version in only five months. After its successful IDO in March 2022 on Binance, STEPN plans to optimize its in-game features and launch on several other chains in the future.

LinkBuy

4. The Sandbox - SAND

DescribeWebsiteExchange

The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralized platform for a thriving gaming community.

According to the official whitepaper, the Sandbox platform’s main mission is to introduce blockchain technology in mainstream gaming successfully. The platform focuses on facilitating a creative “play-to-earn” model, which allows users to be both creators and gamers simultaneously. The Sandbox employs the powers of blockchain technology by introducing the SAND utility token, which facilitates transactions on the platform.

LinkBuy

5. Elrond - EGLD

DescribeWebsiteExchange

Elrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost.

The blockchain has a native token known as eGold, or EGLD, that is used for paying network fees, staking and rewarding validators.

LinkBuy

6. WINkLink - WIN

DescribeWebsiteExchange

The first TRON ecosystem comprehensive oracle WINkLink fully integrates the real world with the blockchain space, will be able to provide reliable, unpredictable and verifiable random numbers, and fully restore trust and improve user experience by tapping into data, events, and payment systems etc. from the real world.

WIN, a TRON-based TRC20 token, will be the governance token of the WINkLink oracle network. 

LinkBuy

7. Kava - KAVA

DescribeWebsiteExchange

Kava is a Layer-1 blockchain that combines the speed and interoperability of Cosmos with the developer power of Ethereum.

The Kava Network uses a developer-optimized co-chain architecture. The Ethereum Co-Chain enables support for EVM smart contracts while the Cosmos Co-Chain enables the lightning-fast Tendermint consensus engine and the Inter Blockchain Communication Protocol (IBC).

The two co-chains are connected by a translator module that enables them to interoperate seamlessly, bringing the two most used blockchain development environments together in a single, scalable network.

The Kava Network features a native governance and utility token, KAVA, that can be staked by validators or delegated to validator nodes. Stakers and delegators earn 37.5% of all KAVA emissions as a reward for securing the network. Kava stakers also have voting rights in network governance proposals.

LinkBuy

8. Harmony - ONE

DescribeWebsiteExchange

Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.

According to the project’s website, Harmony is expected to introduce cross-shard contracts and a cross-chain infrastructure by the end of 2021.

LinkBuy

9. Injective - INJ

DescribeWebsiteExchange

INJ is the native utility token of Injective. INJ is a scarce asset that is used for governance, token burn auctions and staking on the PoS network. The burn auctions on Injective are especially unique since 60% of all fees collected from dApps are auctioned off every week via a buy back and burn mechanism. This in turn allows the supply of INJ to dramatically decrease over time. The INJ burn auction is unique in that it helps accrue value for the entire Injective ecosystem. Currently, Injective has the highest token burn ratio in the industry.

The use cases intended for INJ include but are not limited to: protocol governance, dApp value capture, Proof-of-Stake (PoS) security, developer incentives and staking. 

LinkBuy

10. Coin98 - C98

DescribeWebsiteExchange

Coin98 is a decentralized finance (DeFi) solution that allows users access to cross-chain swaps, staking and yield farming.

Coin98 aims to fulfill untapped demand in the industry and become a Gateway bridging TradFi users to any DeFi services on multiple blockchains. It accomplishes this mission through a full suite of products, including Coin98 Wallet, Coin98 Exchange, and Space Gate (cross-chain bridge).

Coin98 Wallet: Allows users to store, send, receive, manage crypto assets and connect to numerous dApps on multiple blockchains. It supports over 40 blockchains such as Ethereum, Binance Smart Chain, Solana, Polygon, Avalanche, Terra, etc on both mobile (iOS & android) and Chrome extension versions.

Coin98 Exchange: A multi-chain liquidity aggregator that supports assets across a variety of blockchains, including but not limited to Ethereum, Binance Smart Chain, Solana, Avalanche and Polygon.

Space Gate: A cross-chain bridge that enables swapping and transferring values across multiple networks.

The C98 token is the native utility token of the Coin98 platform and will be used to pay services fees, as staking incentives, for governance, and unique membership rights.

In July 2021, Coin98 was a Binance Launchpad project.

LinkBuy

11. Fetch.ai - FET

DescribeWebsiteExchange

Founded in 2017 and launched via IEO on Binance in March 2019, Fetch.AI is an artificial intelligence (AI) lab building an open, permissionless, decentralized machine learning network with a crypto economy.

Fetch.ai democratizes access to AI technology with a permissionless network upon which anyone can connect and access secure datasets by using autonomous AI to execute tasks that leverage its global network of data.

The Fetch.AI model is rooted in use cases like optimizing DeFi trading services, transportation networks (parking, micromobility), smart energy grids, travel — essentially any complex digital system that relies on large-scale datasets.

LinkBuy

12. SafePal - SFP

DescribeWebsiteExchange

SafePal is a cryptocurrency wallet launched in 2018 that helps users to protect and grow their digital assets. SafePal provides hardware and software wallets, all paired and managed through the SafePal App and was the first hardware wallet invested in and backed by Binance.

SafePal wallet supports numerous popular crypto-assets, in addition to popular tokens on the Ethereum, Binance Smart Chain (BSC) and TRON blockchains. Users can store, manage, swap, trade and grow their portfolio without compromising asset security, according to SafePal.

LinkBuy

13. Band Protocol - BAND

DescribeWebsiteExchange

Band Protocol is a cross-chain data oracle platform that is able to take real-world data and supply it to on-chain applications, while also connecting APIs to smart-contracts to facilitate the exchange of information between on-chain and off-chain data sources.

By supplying reputable, verifiable real-world data to blockchains, Band Protocol unlocks a range of new use cases for developers to explore — since they can now use any type of real-world data as part of their decentralized application (DApp) logic, including sports, weather, random numbers, price feed data and more.

BAND is the native token of the Band Protocol ecosystem and is used as collateral by validators involved in fulfilling data requests, as well as the main medium of exchange on BandChain — being used to paying for private data.

LinkBuy

14. Celer Network - CELR

DescribeWebsiteExchange

Celer is a blockchain interoperability protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, and more across multiple chains.

Developers can build inter-chain-native Dapps using the Celer Inter-chain Messaging Framework to gain access to efficient liquidity utilization, coherent application logic, and shared states.

Users of Celer-enabled dApps will enjoy the benefits of a diverse multi-blockchain ecosystem with the simplicity of a single-transaction UX, all from a single chain.

LinkBuy

15. Cartesi - CTSI

DescribeWebsiteExchange

Cartesi - The Blockchain OS is a decentralized Layer-2 infrastructure that supports Linux and mainstream software components. For the first time, developers can code scalable smart contracts with rich software tools, libraries, and the services they’re used to, bridging the gap between mainstream software and blockchain.

Cartesi is enabling millions of new startups and their developers to use The Blockchain OS and bring Linux applications on board. With a groundbreaking virtual machines, optimistic rollups, and side-chains, Cartesi paves the way for developers of all kinds, to build the next generation of blockchain apps.

LinkBuy

16. League of Kingdoms Arena - LOKA

DescribeWebsiteExchange

League of Kingdoms (LOKA) is a blockchain-based Massively Multiplayer Online (MMO) strategy game. As a play-to-earn ecosystem League of Kingdoms allows players to earn real income through in-game activity.

During gameplay users can build kingdoms, raise armies, form alliances and compete on the battlefields for power and wealth. The game supports player-versus-environment (PvE), player-versus-player (PvP) and party-play (MMO) gaming modes.

While the League of Kingdoms’s governance token LOKA allows holders to take part in the decision-making process on the platform, purchase in-game items and profit through staking, the project’s utility token called DST (Dragon Soul Token) is necessary for breeding Dragos, the dragon-like in-game characters.

LinkBuy

17. Beta Finance - BETA

DescribeWebsiteExchange

Beta Finance is a permissionless money market on Ethereum for borrowing, lending and shorting crypto assets. It allows users to access a scalable and accessible money market where tokens can be listed permissionlessly and automatically and where users can short these tokens. Beta Finance plans to launch on additional layer one and layer two solutions after its Ethereum Mainnet launch.

Users have three options: lending, borrowing and shorting. Lenders will be able to lend crypto assets for any market that exists on Beta Finance and earn interest on it. Borrowers can take the contrary position, while short-sellers are able to use collateral to initiate short positions.

Unlike centralized exchanges, Beta Finance does not use an order book to execute shorts but routes the trade through decentralized exchanges that use automated market makers. As part of its Phase 2 launch, the platform plans to release permissionless money market creation.

LinkBuy

18. Voxies - VOXEL

DescribeWebsiteExchange

Voxie Tactics is a free-to-play, 3D turn-based tactical RPG game designed in a retro style. The developers of this virtual universe took inspiration from the classic tactical games of the 1990s and 2000s, but with modern game mechanics and updates in mind. The game offers two main playing modes, called Exploration and Battling, which incorporate game mechanics inherent in RPG games.

Voxies in-game mechanics (market, gear crafting, PvP battles) is the main driving force behind the demand for VOXEL tokens.

Voxies (VOXEL) is the native utility currency of Voxie Tactics, which allows players to purchase weapons, armor, and other in-game items. The token is available in the secondary market, which means that VOXEL tokens can be purchased within the game and then sold in the secondary market, just like Voxies NFTs.

LinkBuy

19. WazirX - WRX

DescribeWebsiteExchange

Launched in 2018, WazirX claims to be India's fastest growing cryptocurrency exchange with over 400,000 users.

WRX is the utility token of WazirX. WRX token is based on the Binance blockchain. 

LinkBuy

20. Dego Finance - DEGO

DescribeWebsiteExchange

Launched in 2020, Dego Finance is a decentralized ecosystem that offers a diverse combination of non-fungible token (NFT) and decentralized finance (DeFi) tools. It is an independent, open NFT ecosystem.

Any user is allowed to launch an NFT and initiate mining, auctions and trading, covering the entire lifecycle of the product. Dego’s NFT protocol is a cross-chain, second-layer infrastructure for Blockchain projects that can be leveraged for user acquisition and token distribution.

Dego uses a modular combination design concept that combines various elements of a product to form subsystems with specific functions.

LinkBuy

Article data used by coinmarketcap


How to Buy Launchpad tokens?

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase Coin/Token from the Binance exchange.

Read more: Top 10 Tokens on Binance Launchpool

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blockchain #bitcoin #cryptocurrency #binance 

Top 20 Tokens on Binance Launchpad
Ben Taylor

Ben Taylor

1666405020

Top 10 Tokens on Binance Launchpool

Binance Launchpool was created in September 2020, during the rise of decentralized finance (DeFi) in crypto, when new crypto-financial services allowed users to stake their crypto assets to provide funds into a liquidity pool and get rewards in return.

☞ Visit Binance Launchpool 

This is a process known as yield farming. By combining the best practices of DeFi with the security and convenience of a centralized exchange like Binance, Launchpool essentially allows users to farm new assets and users will be able to acquire new token rewards in return for staking BNB, BUSD, and other tokens, at no cost. 

In this article you will see Top 10 Tokens on Binance Launchpool by Volume, date: 22/10/2022

1. Unifi Protocol DAO (UNFI)

DescribeWebsiteExchange

Unifi Protocol is a revolutionary approach to blockchain economics. The concept is simple - the network will use a stablecoin as its gas token to remove transaction volatility and inflation. The project aims to create the next class of blockchain, built on the principle of economic sustainability. Building a blockchain, not another cryptocurrency.

Unifi Protocol DAO is on a mission to make blockchain a solution to modern finance by building a sustainable blockchain economy predictable enough to run a business on.

Unifi Protocol DAO has been retooling blockchain economics with their innovative solutions since 2018. These include products such as a wrapperless cross-chain bridge (uBridge), a multi-chain AMM (uTrade) complete with advanced DeFi arbitrage strategies (DARBi), and a fully collateralized token integrated throughout the ecosystem ($UP).

UNFI is the governance token for Unifi Protocol DAO. UNFI holders have exclusive rights to propose and participate in referendums Who Are the Founders of Unifi Protocol DAO? The Unifi Protocol DAO was founded and created by an online staking community called Sesameseed.

Daniel Blanco is the lead developer of Unifi Protocol DAO. He has a solid background in information technologies and has worked for companies like Transparent CDN and Seedtag. He joined Unifi Protocol DAO full-time in October 2020. What Makes Unifi Protocol DAO Unique?

Unifi Protocol DAO believes blockchain technology has a crypto problem and is striving to flip the script on the industry and build a blockchain without creating a native gas token. Their plan is to re-think what a blockchain should be, such as ripping apart the core tenets of why gas tokens need to be inflationary commodities. Or how subsidizing validators with network inflation may not be the solution which allows true blockchain adoption and businesses to thrive. How Many Unifi Protocol DAO (UNFI) Coins Are There in Circulation? The total supply of UNFI tokens is 10,000,000. Currently, there are about 5,800,000 UNFI tokens in active circulation on the market.

As UNFI is a multi-chain governance token for Unifi Protocol Dao, it is critical to its core function that it be both as decentralized and multi-chain as possible. In support of these initiatives UNFI is available on many blockchains as a native asset with governance rights. In support of this token economy, the DAO currently supports the liquidity of the token on these blockchains with full details found in Dev docs on the Unifi Protocol website.

In addition to multi-chain support, UNFI has been distributed freely to both Launchpool participants on Binance and through staking initiatives on Ethereum.

How Is the Unifi Protocol Network Secured? Unifi Protocol is secured by a proof-of-stake (PoS) consensus mechanism. PoS relies on the fact that tokens are stakable to ensure the validity of nodes and secure the mining process. This means that nodes are selected based on their stake in the given token. Unlike the proof-of-work (PoW) consensus method used by cryptocurrencies like Bitcoin, PoS is extremely scalable and can offer more flexibility to project creators. Not only that, PoS does not require vast amounts of electrical and computing power to facilitate the mining process.

LinkBuy

2. Automata (ATA)

DescribeWebsiteExchange

Automata Network aims to be recognized as the go-to privacy service for DeFi and Web3 with its proposition of privacy middleware. It aims to fill a gap in the market by providing privacy-focused solutions that integrate with existing blockchain infrastructure in an intuitive, seamless manner. Its applications are built for Web3 purposes and include anonymous voting, miner extractable value (MEV) minimization, and do-not-track indexing. These allow users to transact safely, regain control of their identity, and offer better building blocks to developers with open-source code and APIs.

Its anonymous voting service is called Witness and offers low-cost, off-chain voting, on-chain execution based on the results and different levels of privacy, ranging from private to public, based on the protocol’s requirements. The solution supports Ethereum, Binance Smart Chain, and other Substrate-based EVM-compatible chains. Each of these functions can be used as standalone or together, e.g., if a project wants to use Witness as a signaling tool without on-chain execution.

Conveyor is Automata’s MEV minimization solution that is chain-agnostic and works seamlessly with DEXes like Uniswap. It ingests and outputs transactions in a determined order, thereby creating a front-running-free zone that removes the chaos of transaction reordering. Features include gasless trading, anti-front running, privacy on ordering, and integration with other DEXes.

LinkBuy

3. Shentu (CTK)

DescribeWebsiteExchange

Shentu Chain, a security-first, delegated proof-of-stake blockchain, for trustworthy execution of mission-critical applications, including DeFi, NFTs, and autonomous vehicles. Shentu Chain prioritizes cross-chain compatibility, built as a Cosmos Hub with full EVM and Hyperledger Burrow compatibility, as well as compatibility with eWASM and Ant Financial’s AntChain. Across protocols, blockchain projects can receive security insights with the Security Oracle, which provides real-time guards of on-chain transactions, identifying and flagging a wide range of malicious vulnerabilities before they occur. Depending on the level of the security score, audited blockchain projects of any protocol may be eligible for a ShentuShield membership, which is a flexible, decentralized reimbursement system for any crypto asset that is irretrievably lost or stolen due to security issues. ShentuShield memberships are open to all community members of these eligible blockchain projects, providing a safety net to holders of crypto assets in case anything unexpected happens.

Natively, projects can code in DeepSEA, a hyper-secure programming language supported by the Ethereum Foundation, Qtum Foundation, and IBM. DeepSEA works directly with the Shentu Virtual Machine (SVM), which is fully compatible with EVM. SVM innovatively exposes smart contract and blockchain security information, enabling unprecedented ways to access, check, and incorporate risk into the decisions of smart contracts. CTK is the native digital utility fuel of Shentu Chain, serving as the core utility for on-chain functionalities such as operating the Security Oracle and ShentuShield systems, paying gas consumption of Shentu Chain, and voting for governance decisions within the network.

LinkBuy

4. Bella Protocol (BEL)

DescribeWebsiteExchange

Bella Protocol is a platform that provides a suite of DeFi products designed to make crypto banking simpler and more accessible. The protocol aims to create a better user experience by eliminating the high fee and slow transaction issues that can affect some blockchain platforms — while simultaneously improving the user experience through its simplified DeFi smart portal.

Bella's smart pool feature allows users to access the best yields available in the DeFi market, while benefiting from nearly zero gas fees — since these are directly subsidized by the platform.

The project launched in September 2020 as the first project distributed via Binance’s Launchpool platform, and has secured investments from several prominent firms, including Arrington XRP Capital and Ledger Capital.

The protocol was built by the ARPA team, a blockchain-based layer 2 solution for privacy-preserving computation. The BEL token is an essential component of the Bella Protocol ecosystem and serves as both a reward token that allows holders to participate in the governance of the platform.

BEL can be used to farm fee rewards from the network, get exclusive discounts on Bella protocol products (such as its robo-advisor tool), and for earning staking rewards.

 

LinkBuy

5. Wing Finance (WING)

DescribeWebsiteExchange

Wing is a credit-based, decentralized platform designed for crypto-asset lending and cross-chain communication between decentralized finance (DeFi) projects. The project aims to make crypto lending services more inclusive through a credit evaluation module that removes the need for large collaterals. Wing is a decentralized autonomous organization (DAO) that allows users to take part in decision-making, product design and operations.

Wing uses decentralized governance coupled with a risk control mechanism to improve the relationships between creditors, borrowers and guarantors. This has led to an improvement in the number of and accessibility to DeFi projects utilizing the platform. One of the goals of Wing DAO is to solve the issue of over-collateralization that plagues the DeFi industry.

The platform allows for the creation of new blockchain projects and focuses its efforts on a decentralized and autonomous governing community. In response to the issues faced by other DeFi projects, Wing DAO has built a credit-based DeFi protocol that runs on the Ontology (ONT) blockchain. The protocol is fully controlled by the users and requires no third parties to confirm transactions.

LinkBuy

6. Kava Lend (HARD)

DescribeWebsiteExchange

Kava Lend is a decentralized money market built on the Kava Platform that enables the lending and borrowing of cross-chain assets. Kava Lend supports supply-side deposits for BTC, XRP, BNB, BUSD, and USDX. The platform will allow overcollateralized borrowing for supported assets.

The HARD Token

The HARD token is the native governance token of Kava Lend. All HARD tokens distributed as rewards are locked by a smart contract. Users that claim HARD tokens with longer vesting schedules will receive more tokens. The exact options for token redemptions are subject to governance voting.

The HARD token has the following use cases: * Liquidity mining rewards: the HARD token is awarded to users who deposit and/or borrow supported assets. * Governance voting: HARD token holders can participate in the evolution of Kava Lend through governance voting and earn HARD rewards in the process.

LinkBuy

7. BTC Standard Hashrate Token (BTCST)

DescribeWebsiteExchange

BTCST is a token collateralized by real Bitcoin mining power; by staking BTCST, holders can receive daily Bitcoin contributions that correspond to the staked mining power. As such, BTCST allows users to mine Bitcoin from inside the decentralized finance (DeFi) ecosystem.

BTCST tokens can only be issued when eligible miners choose to standardize and tokenize Bitcoin hashrate. This is why the project hasn’t had any private or public sale events. The total supply cap is determined by the sum of all BTCST tokens staked on the app.

BTCST is based on the BEP-20 standard. Snapshots of user balances and total pool balances are taken each hour in order to calculate user rewards. Each pool’s annual percentage yield (APY) and total balance are updated in real-time, and tokens can only be staked in one pool at a time. Users are allowed to unstake their funds at any time and participate in any of the other available pools.

BTCST is a cloud mining platform deployed on the Binance Smart Chain. It offers daily payouts that are executed by a decentralized application (DApp).

LinkBuy

8. Alpha Venture DAO (ALPHA)

DescribeWebsiteExchange

Alpha Venture DAO is a community of daring individuals who aspire to shape the future of Web3 and expand the Web3 ecosystem together with a network of Web3 industry leaders and Alpha community. Alpha Venture DAO aims to be a massive ecosystem of decentralized applications that capture value regardless of which chains or sectors dominate Web3 in the future. Alpha Venture DAO and ALPHA will be the gateway for the community to contribute meaningfully and "truly" own high-quality Web3 projects. If you believe in Web3 innovation, then Alpha Venture DAO is the place for you. ALPHA token is no longer a token for just one single product or project, but rather a proxy for Web3 innovation.

As a builder of Web3 products, with a track record of building the world’s first leveraged yield farming platform, Homora, as well as a track record of incubating billion-dollar projects, such as Beta Finance, pStake, and GuildFi, we offer builders tactical and strategic advice and an active and growing community of more than 100K Web3 users for builders, like you, to kickstart your project.

There are multiple things that are unique to building in Web3 from tokenomics to community building, and the industry keeps evolving at a breakneck pace making experience obsolete. By continuing to build products alongside you, we ensure our advice and community remain relevant for you across diverse circumstances. Hence, we are able to provide projects with a replicable playbook for building and launching projects and the real Web3 community of users from day 1.

LinkBuy

9. Venus (XVS)

DescribeWebsiteExchange

Venus is an algorithmic money market and synthetic stablecoin protocol launched exclusively on Binance Smart Chain (BSC).

The protocol introduces a simple-to-use crypto asset lending and borrowing solution to the decentralized finance (DeFi) ecosystem, enabling users to directly borrow against collateral at high speed while losing less to transaction fees. In addition, Venus allows users to mint VAI stablecoins on-demand within seconds by posting at least 200% collateral to the Venus smart contract.

VAI tokens are synthetic BEP-20 token assets that are pegged to the value of one U.S. dollar (USD), whereas XVS tokens are also BEP-20-based, but are instead used for governance of the Venus protocol, and can be used to vote on adjustments—including adding new collateral types, changing parameters and organizing product improvements.

The governance of the protocol is entirely controlled by XVS community members, since the Venus founders, team members and other advisors do have any XVS token allocations.

LinkBuy

Article data used by coinmarketcap


How to Buy tokens?

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase Coin/Token from the Binance exchange.

Read more: Top 20 coins, tokens on Binance Smart Chain

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blockchain #bitcoin #cryptocurrency #binance 

Top 10 Tokens on Binance Launchpool
Ben Taylor

Ben Taylor

1664244300

Top 20 coins, tokens on Binance Smart Chain

In this article you will see the top 20 coins, tokens on the Binance Smart Chain (Sort by volume), date: 9/27/2022

Name/Coin/TokenDescribePrice overview
(BNB) - BnbLaunched in July 2017, Binance is the biggest cryptocurrency exchange globally based on daily trading volume. Binance aims to bring cryptocurrency exchanges to the forefront of financial activity globally. The idea behind Binance’s name is to show this new paradigm in global finance — Binary Finance, or Binance.

Aside from being the largest cryptocurrency exchange globally, Binance has launched a whole ecosystem of functionalities for its users. The Binance network includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet and Research projects, which all employ the powers of blockchain technology to bring new-age finance to the world. BNB is an integral part of the successful functioning of many of the Binance sub-projects.
 
Buy BNB
(BUSD) - Binance usdBinance USD (BUSD) is a 1:1 USD-backed stable coin issued by Binance (in partnership with Paxos), Approved and regulated by the New York State Department of Financial Services (NYDFS), The BUSD Monthly Audit Report can be viewed from the official website. Launched on 5 Sep 2019, BUSD aims to meld the stability of the dollar with blockchain technology. It is a digital fiat currency, issued as ERC-20 and supports BEP-2.
 
Buy BUSD
(CAKE) - PancakeswapPancakeSwap is an automated market maker (AMM) — a decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming and earning fees in return.

It launched in September 2020 and is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return.

These tokens can later be used to reclaim their share of the pool, as well as a portion of the trading fees. These LP tokens are known as FLIP. PancakeSwap also allows users to farm additional tokens such as CAKE and SYRUP. On the farm, users can deposit LP tokens and get rewarded with CAKE.

PancakeSwap allows users to trade BEP20 tokens, provide liquidity to the exchange and earn fees, stake LP tokens to earn CAKE, stake CAKE to earn more CAKE and stake CAKE to earn tokens of other projects.

 
Buy CAKE
(1INCH) - 1inch

The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest, and protected operations in the DeFi space.

The 1inch Network's first protocol is a decentralized exchange (DEX) aggregator solution that searches deals across multiple liquidity sources, offering users better rates than any individual exchange. The 1inch Aggregation Protocol incorporates the Pathfinder algorithm for finding the best paths across over 240+ liquidity sources on Ethereum, BNB Chain, Polygon, Avalanche, Optimistic Ethereum, Arbitrum, Fantom and Gnosis Chain. In just over two years the 1inch DEX aggregator has reached 1M users and surpassed $150B in overall volume on the Ethereum network alone.

The 1inch Liquidity Protocol is a next-generation automated market maker (AMM) that protects users from front-running attacks and offers attractive opportunities to liquidity providers.

The 1inch Limit Order Protocol facilitates the most innovative and flexible limit order swap opportunities in DeFi. The protocol’s features, such as dynamic pricing, conditional orders, and extra RFQ support, power various implementations, including stop-loss and trailing stop orders, as well as auctions.

The 1inch Wallet is a multichain mobile platform that provides an easy-to-navigate interface with secure storing, transaction, and staking capabilities. This versatile wallet was built from the ground up to streamline interacting with 1inch’s features.

The 1inch Network's governance token 1INCH is used to vote on protocol parameters under the decentralized autonomous organization (DAO) model.

Buy 1INCH
(GALA) - Gala

Gala Games nhằm mục đích đưa ngành công nghiệp trò chơi đi theo một hướng khác bằng cách cho phép người chơi kiểm soát lại trò chơi của họ. Nhiệm vụ của Gala Games là tạo ra “các trò chơi blockchain mà bạn thực sự muốn chơi”. Dự án muốn thay đổi thực tế rằng người chơi có thể chi hàng trăm đô la cho tài sản trong trò chơi và vô số giờ chơi trò chơi có thể bị lấy đi chỉ bằng một nút bấm. Nó có kế hoạch giới thiệu lại tư duy sáng tạo vào các trò chơi bằng cách cho phép người chơi kiểm soát các trò chơi và tài sản trong trò chơi với sự trợ giúp của công nghệ blockchain.

Players can own non-fungible tokens (NFTs) and influence the governance of games within the Gala Games ecosystem. The Founder’s Nodes voting mechanism allows players to influence what games Gala should develop and what games should get funding. Besides buying NFTs for specific games, Gala Games also utilizes GALA – its own utility token. So far, Gala Games has released one playable game – Town Star and an NFT collectible series – VOX. It plans to release more games in the future, such as a fantasy RPG game, a sci-fi strategy game and a tower defense game.

Buy GALA
(ONT) - Ontology

Ontology is a project designed to bring trust, privacy, and security to Web3 through decentralized identity and data solutions. It is building the infrastructure to provide trusted access to Web3, allowing individuals and enterprises to rest assured that through regulatory compliant digital identity solutions, users and their privacy come first.

The Ontology blockchain is a high speed, low cost public blockchain. It is designed to bring decentralized identity and data solutions to Web3, with the goal of increasing privacy, transparency, and trust. To achieve this, users and enterprises are provided with the flexibility to build blockchain-based solutions that suit their needs, while also ensuring regulatory compliance. Through Ontology’s Ethereum Virtual Machine (EVM), Ontology ensures frictionless compatibility with Ethereum, the first step in the creation of the Ontology Multi-Virtual Machine and further interoperability for the chain.

Buy ONT
(SXP) - Solar

Solar is a decentralized community-driven blockchain project that is focused on creating an ecosystem with true governance where SXP is at the core of everything it does. SXP became its own entity when Binance acquired the remaining outstanding shares of Swipe last December 2021. SXP was then rebranded to Solar, an ecosystem with open-source developers and community involvement. Solar stands out from other traditional blockchains in many ways. One of the impressive qualities of Solar is that it utilizes the Delegated Proof of Stake (DPoS) consensus model. This makes the Solar Blockchain sustainable, efficient and fully decentralized.

Solar (SXP) blockchain offers a wide variety of features and tools that allows it to level with enterprise-grade applications. The best way to describe Solar (SXP) is a combination of Ethereum, Solana and Cosmos. Nayiem Willems leads the technical aspect of Solar alongside open-source community developers. He has a wide experience in building and leading businesses in the blockchain and financial sector and running successful businesses for real-world applications in the tourism industry and continues to use his knowledge to build the most complete, all-in-one, industry-leading decentralized blockchain solution.

Buy SXP
(DODO) - Dodo

DODO is a DeFi protocoldecentralized finance (DeFi) protocol and on-chain liquidity provider whose unique proactive market maker (PMM) algorithm aims to offer better liquidity and price stability than automated market makers (AMM).

The PMM pricing mechanism, which mimics human trading, utilizes oracles to gather highly accurate market prices for assets. It then provides enough liquidity close to these prices in order to stabilize the portfolios of liquidity providers (LP), lower price slippage and negate impermanent loss by allowing arbitrage trading as reward.

DODO also caters for new crypto projects with a free ICO listing through its Initial DODO Offering (IDO) which requires issuers to only deposit their own tokens.

Buy DODO
(SFP) - Safepal

SafePal is a cryptocurrency wallet launched in 2018 that helps users to protect and grow their digital assets. SafePal provides hardware and software wallets, all paired and managed through the SafePal App and was the first hardware wallet invested in and backed by Binance.

SafePal wallet supports numerous popular crypto-assets, in addition to popular tokens on the Ethereum, Binance Smart Chain (BSC) and TRON blockchains. Users can store, manage, swap, trade and grow their portfolio without compromising asset security, according to SafePal.

Buy SFP
(BEL) - Bella protocol

Bella Protocol is a platform that provides a suite of DeFi products designed to make crypto banking simpler and more accessible. The protocol aims to create a better user experience by eliminating the high fee and slow transaction issues that can affect some blockchain platforms — while simultaneously improving the user experience through its simplified DeFi smart portal.

Bella's smart pool feature allows users to access the best yields available in the DeFi market, while benefiting from nearly zero gas fees — since these are directly subsidized by the platform.

The protocol was built by the ARPA team, a blockchain-based layer 2 solution for privacy-preserving computation. The BEL token is an essential component of the Bella Protocol ecosystem and serves as both a reward token that allows holders to participate in the governance of the platform.

BEL can be used to farm fee rewards from the network, get exclusive discounts on Bella protocol products (such as its robo-advisor tool), and for earning staking rewards.

Buy BEL
(LINA) - Linear

Linear is a decentralized delta-one asset protocol capable of instantly creating synthetic assets with unlimited liquidity. The project opens traditional assets like commodities, forex, market indices and other thematic sectors to cryptocurrency users by supporting the creation of “Liquids” — Linear’s synthetic asset tokens.

The protocol consists of various products like Linear.Buildr, a DApp used to manage Liquids using Linear (LINA) and other tokens as collateral. The exchange is specifically created to enable trading of a variety of Liquids with rapid confirmation times and robust security.

The main goal of Linear is to provide a superior user experience with better scalability and greater speed thanks to the cross-chain capabilities of the protocol. Linear Finance intends to provide a simple solution for users that want exposure to traditional assets while still benefiting from the features enabled only by blockchain technology.

Buy LINA
(BIFI) - Beefy.finance

Beefy Finance is a Decentralized, Multi-Chain Yield Optimizer platform that allows its users to earn compound interest on their crypto holdings.

Through a set of investment strategies secured and enforced by smart contracts, Beefy Finance automatically maximizes the user rewards from various liquidity pools (LPs),‌ ‌automated market making (AMM) projects,‌ ‌and‌ ‌other yield‌ farming ‌opportunities in the DeFi ecosystem.

The main product offered by Beefy Finance are the 'Vaults' in which you stake your crypto tokens. The investment strategy tied to the specific vault will automatically increase your deposited token amount by compounding arbitrary yield farm reward tokens back into your initially deposited asset. Despite the name 'Vault' suggests, your funds are never locked in any vault on Beefy Finance: you can always withdraw at any moment in time.

DeFi applications are unique in the sense that they are permissionless and trustless, meaning that anyone with a supported wallet can interact with them without the need for a trusted middleman. While you have funds staked in a vault, you remain 100% in control of your crypto.

Buy BIFI
(GTC) - Gitcoin

Gitcoin describes itself as a community of builders, creators and protocols that have come together in order to develop the future of the open internet. Gitcoin creates a community that supports new infrastructure for Web3 — includingn tools, technologies and networks — to foster development in the open-source sphere.

GTC is Gitcoin’s governance token, launched in late May 2021. The token is needed for the creation and funding of the DAO that will govern Gitcoin.

Buy GTC
(OM) - MantraMANTRA is a first of its kind, vertically-integrated and regulatory compliant blockchain ecosystem. The MANTRA OMniverse encompasses the DAO; MANTRA Nodes: a blockchain infrastructure-as-a-service business that includes retail staking, institutional delegation, node management and white-label validator operations; MANTRA Chain: a protocol for regulated assets for the Cosmos ecosystem; and MANTRA Finance: a globally-regulated DeFi platform that brings the speed and transparency of DeFi to the world of traditional finance.
Buy OM
(CUDOS) - Cudos

CUDOS powers a decentralised compute network that will interoperate with multiple blockchain ecosystems to provide the following benefits: Trusted layer 1 validator network built on the Tendermint protocol - Wasm compatibility, for smart contracts to be deployed on CUDOS using next-generation languages so long as they compile to WebAssembly. I.e. Golang, Rust, Java etc.

Cross-chain or Horizontal interoperability thanks to the network’s Inter Blockchain Communication (IBC) integration, allowing Cudos Network smart contracts to interface with multiple networks. 10x lower transaction and gas costs compared to those on PoW networks - A massively scalable network to facilitate more sophisticated smart contract operations Higher performance with anywhere between 200 to 500 Peak TPS on the network - access to a globally distributed layer 3 network of secure cloud, and compute, resources Turing complete solutions for non-Turing complete Layer 1 blockchain networks. 

Buy CUDOS
(MATH) - Math

MATH is a one-stop crypto platform that combines several applications, including Math Wallet, MATH VPOS Pool, Math DApp Store, MathStaking, MathPay and MathChain. It was founded in 2018.

MATH supports more than 63 public blockchains. It allows users to invest and build their portfolios with automated quant trading, earn an annual percentage rate (APR) of up to 30% on their digital assets, deposit crypto, get instant loans and use crypto for payments regardless of time and location and at zero fees.

Math Wallet is an extension wallet that supports multi-chain decentralized applications (DApps).

Buy MATH
(DEXE) - Dexe

The DeXe token (DEXE) claims to enable the open and permissionless system. Following protocol rules and contributing resources facilitates consensus between participants. The token has two vital functions:

(1) Automatic buyback and distribution among insurance vault, farming rewards among token holders and burning of tokens for a % of traders’ rewards.

(2) Participation in DeXe DAO. It is not required to be a DEXE token holder to participate in DeXe.network and benefit from the several of its social trading functions. Moreover, DeXe is uploading DEXE smart contract into the open-source community which is free speech and is the fundamental tenants of its Memorandum. However, in order to be able to fully participate in the community, receive the voting right, contribute through proposals and benefit from the incentives inside the network, basically, to become the member of DAO, users are required to acquire DEXE.

Buy DEXE
(DEGO) - Dego finance

Launched in 2020, Dego Finance is a decentralized ecosystem that offers a diverse combination of non-fungible token (NFT) and decentralized finance (DeFi) tools. It is an independent, open NFT ecosystem.

Any user is allowed to launch an NFT and initiate mining, auctions and trading, covering the entire lifecycle of the product. Dego’s NFT protocol is a cross-chain, second-layer infrastructure for Blockchain projects that can be leveraged for user acquisition and token distribution.

Dego uses a modular combination design concept that combines various elements of a product to form subsystems with specific functions.

Buy DEGO
(POOLZ) - Poolz financePoolz is a swapping protocol that enables startups and project owners to auction their tokens for bootstrapping liquidity. As the blockchain-cryptocurrency community moves closer to absolute decentralization, Poolz empowers innovators in their pre-listing phase, bringing them closer to early-stage investors.
Buy POOLZ
(ZEE) - Zeroswap

ZeroSwap provides users with a simplified way to swap on multichains with zero gas fees. We pay gas for users when they swap on-chain, using meta-transactions.

We are live on Binance Smart Chain, Polygon, Avalanche and Fantom and plan to integrate Optimism, CELO, Aurora, and Ethereum Chain soon.

In addition, our product suite includes the Gasless ZeroSwapDEX, Staking, IDO platform ZeeDO and our native Bi-directional Bridge, and a B2B Service Based Product called DeFi Wizard.

Buy ZEE

Source image: Coinmarketcap

How and Where to Buy token/coin on Binance Smart Chain?

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

☞ SIGN UP ON BINANCE

Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase Coin/Token from the Binance exchange.

The top exchange for trading token/coin is currently: ☞ BinancePoloniexBitfinexHuobiMXCProBITGate.io

🔥 If you’re a beginner. I believe the article below will be useful to you ☞ Research Cryptocurrency Before Investing in 5 Basic Steps

Thank you for reading !

#blockchain #bitcoin #cryptocurrency #binance #bnb #bsc   

Top 20 coins, tokens on Binance Smart Chain

Build a Cryptocurrency Trading Bot with Python & the Binance API

In this video we will construct a cryptocurrency trading bot which is placing a buy limit order when the close price is above the simple moving average (SMA) and the Stochastic RSI value K-line is below 0.05. We are going over everything needed to fire and keep track of the buy limit order. You can use this infrastructure to play a bit around with other indicators as well.

00:00 - 02:10 Introduction / Disclaimer
02:10 - 04:36 Libraries / Pulling Crypto price data
04:36 - 07:07 Indicator calculation / Buy condition
07:07 - 13:26 Buy Limit order: Helper functions RECAP
13:26 - 16:52 Buy and Sell function
16:52 - 18:52 Checking buying signals & position
18:52 - 22:00 Extract order status infos / update time
22:00 - 25:16 Checking selling signals & position
25:16 - 29:20 Running the bot
29:20 - 31:18 DEPLOYMENT: What I would do different!

Subscribe: https://www.youtube.com/c/Algovibes/featured 

#python  #tradingbot  #crypto  #binance 

Build a Cryptocurrency Trading Bot with Python & the Binance API
Luna Red

Luna Red

1657234818

Luna Red Classic Presale And Airdrop


The Luna Red Classic Protocol is based on a token with passive yield mechanics that do not stem from transfer taxes.

 

The passive yields on the protocol come from supply expansion from new buy orders (which represent organic demand for the token). As a Luna Red Classic holder, you passively earn more tokens for every new buy order placed for $LRC. Your rewards are instantly “delivered” into your wallet after each new buy. There is no staking, no delegating, and you earn rewards even when you’re offline.

The $LRC token being a native token of the Luna Red Classic Protocol is an BEP20 token with a few key differences:

– It has a built-in yield mechanism that rewards holders with new tokens for every buy order placed on the protocol.

– It has a hard maximum supply of 100,000,000 tokens.

– It has a 4% initial circulating supply (4,000,000 $LRC).

Are you Wondering About how 0% Tax Works?

The LRC/USD token is taxed on the secondary market, whereas Luna red classic (Luna Red) is not. The passive yields in this case come from new purchase orders (which signify organic demand for the currency), rather than transfer taxes. You passively earn more tokens for each new buy order placed for $LRC. After each new purchase, your rewards are “delivered” into your wallet.
 
How About a Presale Offer

Luna Red Classic is introducing an offer whereby the Pre-sale ends on 31h July 2022 with the listing also happening on the same date.

The Listing Price for 1 Luna Red Classic token is available at 0.0001 BNB and you can still get a minimum purchase of 0.01 BNB for 400 Luna Red classic tokens and a Maximum purchase of 10 BNB for 400,000 Luna Red Classic tokens.

To learn more about the presale and airdrop, please visit our website here.

The protocol’s design parameters are focused on delivering superior yield to users while

What’s The Airdrop Schedule?

We are currently in the process of conducting an airdrop to holders of the $BNB and $LRC tokens. The airdrop will be conducted in two phases:

– Phase 1: Airdrop to $BNB holders (complete)

– Phase 2: Airdrop to $LRC holders (currently underway)

If you have any questions about the Luna Red Classic Protocol or the $LRC token, feel free to reach out to us on Telegram or Twitter.

What`s More!

The Luna Red Classic Protocol is based on a token with passive yield mechanics that do not stem from transfer taxes. Instead, the passive yields come from supply expansion from new buy orders (which represent organic demand for the token

Conclusion

The Luna Red Classic project is still in development. The team, on the other hand, has made significant progress thus far, and the future appears bright for the project. If you’re searching for a passive income token with a long-term model, Luna Red Classic might be worth considering.

Visit our website to learn more: https://Lunaredclassic.digital/

Follow us on Twitter: https://twitter.com/LunaredClassic
Join our Telegram: https://t.me/lunaredclassic

#altcoins #binance  #dapp #airdrop   #gems  #bnb  #ido  #luna  #cryptocurrency #blockchain #bitcoin

Luna Red Classic Presale And Airdrop
Emma Lightwood

Emma Lightwood

1656920829

How can a startup establish an NFT Marketplace on a BSC network?

The growth of NFTs and #binance smartchain is dominating the crypto world. This rapid growth has an impact on the minds of startups/entrepreneurs to initiate an NFT Marketplace business. So, one who is interested in launching an NFT Marketplace on a BSC network is looking for recreating the existing and dominating one. 

In that case, Binance #nft Marketplace is the first choice for most startups and entrepreneurs. As Binance is one of the renowned crypto communities, most business people decided to launch their own NFT Marketplace in the Binance Smart chain. After a lot of research and analysis, the best way to start an NFT Marketplace similar to the Binance NFT marketplace instantly is using the ~ Binance NFT Marketplace clone script

Binance NFT marketplace clone script exists as a tailor-made solution for entrepreneurs with the idea of establishing their NFT marketplace similar to Binance. This is a pre-engineered solution comprising every existing feature a Binance NFT marketplace has. Using this ready-made software,  you can drastically eliminate the overall development time taken when compared to the traditional way of developing an NFT Marketplace. This clone script is filled with all necessary and exciting features along with customizations. 

Like the existing one, this NFT marketplace clone script is built on the binance smart chain network. So your users can get the best experience while buying and selling NFTs on the platform. Along with these, the clone script is crafted with perfect security mechanisms that make it stand alone from other marketplace clone scripts. The exciting features incorporated in this clone script would grasp the attention of many NFT traders to interact easily. 

For a startup, the NFT Marketplace development cost using this clone script will be less than developing it from scratch. It seems to be more beneficial when compared to other development processes. Thus, using this clone script will definitely ensure startups/entrepreneurs generate high ROI for their businesses with a moderate investment. 

So, as a startup, starting an NFT marketplace similar to Binance using this Binance NFT marketplace clone script is a perfect choice. Therefore, get connected with the leading NFT marketplace development company and kick-start your crypto business!

How can a startup establish an NFT Marketplace on a BSC network?
Jack  C

Jack C

1656556755

Binance vs. Bitfinex Exchange Compare | Which Exchange is Better?

It is very important when selecting a broker like the Binance platform or Bitfinex, you can trust with your money with them. In this post, we'll  shows how Binance and Bitfinex differ with respect to trading fees, withdrawal fees, deposit methods, supported cryptos, trading types, user scores and more.

What is Binance, Bitfinex?

1. Binance:

SIGN UP NOW

Binance was founded in 2017 by ​​Changpeng Zhao, also known as CZ, a Chinese-Canadian business executive, and previously, a developer who worked on creating Blockchain.info and also served as chief technology officer for OkCoin, another crypto exchange.

Binance is currently the world’s largest exchange in terms of the daily trading volume of cryptocurrencies. It is indeed Coinbase’s direct competitor both in terms of trading volumes and market capitalization. 

Binance is available in more than 180 countries worldwide, though they had to create a separate company, Binance.US, specifically for United States users due to the country’s more burdensome local jurisdictional regulations. 

The exchange has faced several regulatory actions in different countries worldwide, mainly due to accusations of money laundering issues. The company had to relocate several times before finally being established and headquartered in the Cayman Islands.

Binance has earned a reputation as an exchange that sometimes has carried out some business activities before asking for permission, which has caused further regulatory issues. Acting without too many restrictions certainly favors more rapid innovation, which the exchange has shown over time and other platforms. However, it has also caused closer scrutiny from authorities. 

Soon after its launch, Binance released its cryptocurrency, Binance Coin (BNB) has grown to become one of the top five coins by market capitalization. 

In 2020, the exchange launched Binance Smart Chain (BSC), a blockchain network built for running smart contract-based decentralized applications (DApps) and allowing users to manage their digital assets cross-chain. Binance Smart Chain is supported by Coinbase Cloud, which offers secure read/write and participation infrastructure for BSC, empowering those looking to build on the chain or help secure the network.

Functionalities like Bitcoin mining, decentralized finance (DeFi) and other financial crypto services have sealed Binance’s success over the years.

  • Main platform features: Low fees, comprehensive charting options, and hundreds of cryptocurrencies
  • Fees: 0.10% spot-trading fees, 4.5% for debit card purchases
  • Number of cryptocurrencies supported: More than 500 for global traders on Binance, and 80 for U.S. investors on Binance.US
  • Security features: Two-factor authentication (2FA)verification, Federal Deposit Insurance Corporation (FDIC)-insured United States dollars (USD) balances for Binance.US, device management, address whitelisting, cold storage
  • Types of transactions supported: Limit order, market order, stop-limit order, trailing stop order, post only order, peer-to-peer trading, margin trading, one-cancels-the-other order, and more
  • Maximum trading amount: Limits differ based on the cryptocurrency purchased

2. Bitfinex

Bitfinex is a large cryptocurrency exchange supporting a large ecosystem of cryptocurrency products and trading options, including spot trading, margin accounts, derivatives, paper trading, and more. With a mix of features suitable for both beginner and expert crypto users, Bitfinex likely offers everything you need to manage your cryptocurrency in one place.

Bitfinex was founded in 2012, making it among the oldest crypto exchanges available. Designed for professional and institutional traders, this exchange boasts some of the highest BTC/USDT volume in the industry thanks in part to the 100x leverage it offers traders.  

SIGN UP NOW

Thinking of using Binance?

What are the pros of using Binance?

  • Provides a platform where you can buy and sell more than 100 digital currencies
  • Competitive trading fees of 0.1%
  • Further discounts available for Binance Coin holders
  • You don’t have to provide your personal details or proof of ID to register
  • Mobile trading app also available

What are the cons of using Binance?

  • You can’t buy crypto using fiat currency
  • User interface is a little overwhelming for beginners
  • Some mixed reviews of customer support experience
  • A relatively new exchange compared to some other platforms

Get started with Binance

Thinking of using Bitfinex?

What are the pros of using Bitfinex?

  • Allows you to buy and sell a wide range of digital currencies
  • Fiat-to-crypto and crypto-to-crypto trading available
  • Leverage trading of up to 3.3:1 available
  • Mobile trading app available
  • Reasonably competitive trading fees
  • If you’re a high-volume trader, you can access discounted fees

What are the cons of using Bitfinex?

  • Has been hacked in the past
  • User interface isn’t particularly beginner-friendly
  • Must deposit account equity of US$10,000 before you can place a trade
  • Better suited to advanced traders, so new crypto buyers may need to consider other platforms

Get started with Bitfinex

Here’s an in-depth comparison between Binance and Bitfinex. 

The important thing to remember before choosing any exchange is to do your own research. Compare deposit methods, supported currencies, fees, security level, customer support and other features before deciding which crypto exchange is the perfect fit for your trading needs.

How do they compare?

 BinanceBitfinex
LocationDistributedHong Kong
Supports fiat currencies?USD, AUD, GBP, EUR, RUB, TRY, NGN, UAH, PHP, CZK & 20+ moreUSD, EUR, GBP, JPY
Range of supported cryptocurrencies?371 cryptocurrencies206 cryptocurrencies
Futures:YesYes
Derivates:YesYes
Margin Trading:up to 20xup to 10x
Deposit Fees:NoNo (only for FIAT)
Trading Fees:0.012% - 0.10%

0.10%-0.20%

 

Withdrawal Fees:yesyes
Customer supportOnline help centre, email, social mediaOnline help centre, email, social media
Ease of useIntermediateIntermediate to advanced
  
Crypto-to-crypto trading onlyOffers both fiat-to-crypto and crypto-to-crypto trading
User interface easy to navigateRange of advanced trading options available
Also offers advanced trading viewInterface will take a while for new users to get used to
  
User interfaceSlightly confusing for beginnersBetter suited to people with some experience trading crypto
Set-up for new usersNew users must provide:New users must provide:
  
Email addressEmail address
  
 To make a fiat deposit you will also need to provide:
  
 Your country of residence
 Your telephone number
 Your residential address
 Two forms of government-issued ID
 A bank statement
 Proof of address
 A signed declaration
  
Supported countriesGlobalGlobal (with some exceptions, such as the US)

Brief Comparison

1. Commission and Fees

knowing your trading and commission fees with Binance vs Bitfinex is extremely important. For the majority of the Binance 52 financial instruments and Bitfinex 55 available financial instruments.

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with both Binance and Bitfinex. The bigger the fee, the bigger the issue this is. Most alarmingly though some financial assets occur a charge for you to hold on to the asset overnight or over the weekend. This is usually true with commodities and stocks that you are using leverage on. Please check what your fees are with Binance and Bitfinex before you invest because it is crucial that you know exactly what you are paying.

You ideally want to choose a broker that does not charge to much for withdrawal fees. This is simply because this will eat into your profits. This is especially true if you have a low budget and do not intend to invest so much. You want the withdrawal fee to be less than one percent of what you are withdrawing but more ideally a set fee of around 5 USD. Your location or residence will have an impact on your potential Binance and Bitfinex fees of course. Make sure you do your research and check the commission and fees with both Binance and Bitfinex before you invest anything.

Some brokers will charge inactivity fees. As the name suggests this occurs when you have been inactive on your account for a certain period.

Both Binance and Bitfinex do charge inactivity fees.

You should receive plenty of notifications warning you about any potential deadlines and you can make a decision to act accordingly, continuing to use your account or closing it. Usually the fees are very small so there is no need to be alarmed especially when the problem is easily avoided.

When you deposit money to a broker like Binance or Bitfinex you might need to pay deposit fees. The lower the better. Most preferably of course you would have to pay nothing for this. If this is the case it can be a big problem. Constant deposits will eat into your profit so this will take some considering before you sign up.

Let’s see how Binance vs Bitfinex compare side by side for commissions and fees.

BrokerBinanceBitfinex
Min Deposit100100
Inactivity Fees No
Withdrawal Fees$25 – $35$10
Deposit FeesVariesVaries

2. Number of Currencies

Regarding platform offer in terms of cryptocurrencies available, Binance has greater choice than Bitfinex. But you’ll probably find almost any coin you’re searching for on either platform.

Currently, more than 200 digital currencies are available on the platforms and all are exchangeable for at least bitcoin. In addition to this wide range of cryptocurrencies available, users can also trade with five major fiat currencies: the dollar, the euro, the pound sterling, the Japanese yen and the yuan.

3. User Experience

There are two interface options on the Binance website: Basic and Advanced. The two options are comparable in complexity. But the Advanced one has more features and tools available for chart analysis. Both options include the common charts and figures you’d find on any reputable cryptocurrency exchange.

Initially, Bitfinex was an exchange aimed at professional traders – or at least with some capital – since the minimal deposit was $ 10,000. But, the exchange became available to the crowds in 2018 by lowering the minimum deposit amount to $ 20. Bitfinex has retained some of its legacy of trading for professionals: the interface is quite basic but remains intuitive for newcomers.

Before having access to both interfaces, you will need to create an account:

After all, a classic procedure made tedious by the platform’s security measure. Once your account is open, you must click on an activation link sent by email. Then, you ought to do the same each time you want to connect and until you have set up two-factor authentication.

Bitfinex offers several types of orders, ranging from the most classic to the most advanced:

By scrolling through your main screen, you will have access to the order book to monitor trends and volumes on the exchange.

The interface is therefore basic for Bitfinex but perfectly functional and has been ported to IOS and Android. The mobile version of both exchanges is also nice, with a quick response time.

4. Mobile Trading

Being able to trade on your mobile can be very useful. Why is this? Well, the stock market sees market movement every second, if you are not near your desktop computer you will probably be near and have access to your phone. This way you will be able to take advantage of all the opportunities that present themselves. For example, a stock might move to an all-time low when you are out. In this instance you would have missed out on some profit.

If you have an iPhone you will need an IOS Apple mobile trading app. Thankfully these are very common and if a broker has an application, they are almost always available on an iPhone.

Similarly if your phone requires an android app it is good to check if the broker offers an app that supports Android devices.

If you use Microsoft Windows tablets or phones you will also need to check if the Binance and Bitfinex have trading apps that are compatible.

5. Security

Binance crypto exchange platform doesn’t outline specifically security policies on its site. But there have been a couple of instances in which the team proved their dedication to security measures. Some Binance users fell victim to an API attack. When the team noticed suspicious activity, they froze the accounts, reverted the trades, and returned funds back.

The two successive hacks of the Bitfinex exchange prompted the team to improve the security. According to information leaked by the exchange, 99% of users’ funds would be kept in cold storage; the rest would be on the exchange to ensure its liquidity. Cold storaging systems are locked by a multi-signature protocol. These are also distributed among several locations.

As on most exchanges, you have access to two-factor authentication functions and can encrypt emails linked to your account using a PGP key. You can also set up an IP address filter to limit the devices that can connect. Bitfinex even offers you a tutorial to assign a static IP address to your devices.

6. Deposits and Withdrawals

There are no deposit limits on Binance. But the withdrawal limit is based on the level of verification of your account. Without this verification, your withdrawal limit is 2 BTC per day. Once you submit ID verification, you can withdraw 100 bitcoins per day.

On Bitfinex, there are three ways of making deposits: by credit card, by wire transfer or with cryptocurrencies.

Deposits can be made depending on the portfolios linked to your account when it is created:

  • The ewallet, to buy and sell your digital currencies,
  • The margin wallet, used for short transactions,
  • And the funding wallet is used to lend money to actors wishing to carry out short transactions and in order to collect interests.

Full verification unlocks fiat deposits as well as some additional perks like faster transactions.

To get the full verification visa, you will have to provide the following documents, which must be analyzed and then validated by the platform. You must bring a valid identity document, proof of address dating less than 6 months, an account statement dating less than three months and complete the KYC – Know Your Customer form. – provided by the platform.

This verification process, particularly thorough for an exchange based in a tax haven, may put off those of you who value your privacy, especially since the average verification time is one to two weeks if everything goes smoothly. In addition, particularly long withdrawal times were noted by some users who had to wait seven days to more than two weeks for a withdrawal in fiat.

7. Support

Customer support is essential when trading. Even professional traders will eventually need the help of Binance or Bitfinex support. This is especially true of traders who are starting from a position of little knowledge. If you are starting out you will want to make sure the Binance and Bitfinex support is always available when you need them. Binance and Bitfinex customer support is not just useful. It is crucial to your trading success!

Binance Vs Bitfinex Live Chat

Live chat is important for several reasons. This is because when you encounter a problem it is nice to know that the problem has the potential to be sorted out then and there. Also speaking to a person live is much less frustrating than speaking to someone over the course of several emails.

Binance offers live chat while Bitfinex does not offer live chat support.

Both Binance and Bitfinex offer livechat support.

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either Binance or Bitfinex you will find Email support is also very useful. Sometimes you might have a more complex question that requires a specific part of the Binance or Bitfinex support team to give a satisfactory answer to. This is where email support with Binance and Bitfinex will be needed.

Both Binance and Bitfinex offer email support.

Binance Vs Bitfinex Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can actually explain ourselves with a live human being at either Binance or Bitfinex. We can get straight to the point and this can save us from a lot of time and frustration.

Conclusion

We hope this Binance Vs Bitfinex guide has helped you decide who is best to trade without of Binance and Bitfinex.

Thank you for reading!

Read more: Best Cryptocurrency Centralized Exchanges | Top Crypto Exchanges

#blockchain #exchange #binance #crypto #bitcoin #bitfinex 

Binance vs. Bitfinex Exchange Compare | Which Exchange is Better?
Emma Lightwood

Emma Lightwood

1656487945

Benefits of using Binance NFT Marketplace Clone Software

As NFTs are growing rapidly like never before, many NFT Marketplaces came into existence. And so did Binance NFT Marketplace. If you are a crypto enthusiast, you will be familiar with this Binance network. This #binance NFT Marketplace is a centralized platform to trade and mint NFTs. So, launching an NFT Marketplace similar to the Binance NFT platform is the most intriguing way for crypto preneurs. 

Thus, one can create an NFT Marketplace on the binance smartchain easily by using the smartest method - Binance NFT Marketplace clone software. 

Binance NFT Marketplace clone software is a replica of NFT Marketplace similar to Binance delivering end-to-end functionalities. By using this software, you can launch a full-fledged NFT Marketplace within a matter of time. It is loaded with high-end security modules and exciting features by which the user can get the best experience while trading NFTs.

There are some notable benefits for the crypto preneurs, who make use of this binance NFT marketplace clone software, such as, 

  • It enables quick deployment, that is you can launch your NFT marketplace within a week of time.
  • Quick brand recognition.
  • It is cost-effective when compared to traditional methods.
  • It comes up with multilingual support so that you can attract global traders.
  • It is compatible with all non-custodial crypto wallets and platforms, making it more comfortable for trading users.
  • You can generate a lucrative amount of revenue through the commission and transaction fees of NFTs.
  • It has high-customization features, which enable you to alter the marketplace according to our business requirements.
  • Designed with upgraded security modules to establish the NFT Marketplace fast, safe, and economical.

Therefore, making use of this Binance NFT Marketplace clone software provides many benefits for every startup or entrepreneur. Do you have plans to build an NFT Marketplace on Binance Smartchain? Then, contact the industry-leading Binance NFT marketplace clone software provider and start your adventure in this crypto realm. 

Benefits of using Binance NFT Marketplace Clone Software
Jack  C

Jack C

1656410100

Binance vs. Bybit Exchange Compare | Which Exchange is Better?

 BinanceByBit
Trading Fees0.1% Maker | 0.1% Taker-0.025% Maker | 0.075% Taker
Platform Features20x Leverage, Futures, Spot Markets, Crypto Staking, NFT Marketplace50x Leverage, Futures, Spot Markets, Staking, IDO Launchpads
Available Cryptos300+200+
Year Founded20162017
Available for USAYesNo
Deposit MethodsCryptocurrency, Bank Deposit, Bank Wire, Debit Card or Credit Card, PayPal and moreCryptocurrency, Debit Card or Credit Card, Bank Transfer, Bank Wire and more
Visit WebsiteBinanceBybit

Binance vs. Bybit Exchange Compare | Which is Better, Which Crypto Exchange Is Right for You?

What is Bybit?

Bybit is a cryptocurrency derivatives exchange with a wide range of advanced trading tools. It has top-notch security and a no-down-time commitment, but it's not available in the U.S. Read our full Bybit review to find out if it's right for you.

  • Up to 100x leverage on crypto

You can trade cryptocurrencies on Bybit at up to 100x leverage. This means you could trade a position of $10,000 from a $100 investment. Experienced traders can make high profits from leveraged trading as it magnifies the potential trading rewards. But it also magnifies the risk.

Users can go long or short on the 15 available currencies (bet on the price rising or falling, respectively). Bybit offers a range of advanced trading options.

  • Technology and tools set it apart

Bybit says it can handle 100,000 transactions per second, which is significantly faster than its competitors. It does everything possible to avoid any server downtime, a problem a number of exchanges face whenever a change in the market pushes a lot of people to trade at once.

Its charting tools are popular with traders as they have a lot of functionality and extra features. You can also download data in various formats.

  • Risk-free testnet environment

Bybit has a testnet site where new traders can test strategies and learn how to use the site without using real money. If you're new to derivatives, it's a way to get used to these advanced -- and sometimes complex -- tools.

Since leveraged trading can be extremely risky, it makes sense to gain confidence in the test environment before risking your hard-earned cash. If you decide to trade for real, start small and make sure you understand how to minimize risk.

  • Educational resources

Bybit has an impressive selection of resources, news, and insights for traders of all levels. For example, "Bybit Learn" explains how to use technical tools and understand chart patterns. It teaches users about decentralized finance (DeFi) and has detailed analysis of individual coins. Plus, Bybit hosts classes on social media twice a week.

That's a good thing, since futures and margins are advanced financial tools and you'll need to have a sound understanding before you use them.

SIGN UP NOW

This cryptocurrency derivatives exchange is a good fit for: Non-U.S. cryptocurrency traders who want to use margin and other derivatives.

Pros

  • Up to 100x leverage on crypto
  • Advanced tools supported by great technology
  • Risk-free test environment to learn and experiment
  • Educational resources

Cons

  • Not available in the U.S.
  • Crypto derivatives are extremely risky
  • Not suited to spot trading
  • May share your data with third parties for marketing

What is Binance?

Binance Exchange is one of the top cryptocurrency exchanges in the world and offers users the most cryptocurrency trading pairs of any trusted exchange, resulting in Binance having the highest trading volume of any crypto exchange.

Founded in 2017 by Changpeng Zhao, Binance quickly became a leading cryptocurrency exchange and has its own crypto called Binance Coin (BNB). Binance offers users ways to purchase crypto assets directly using fiat currencies, credit/debit cards, and bank transfers. Binance can be accessed through its website, desktop, or mobile app.

  • Easy sign-up process
  • Lowest transaction fees of any major exchange
  • 175+ different digital assets available
  • Free deposits

FUNDING METHODS: Debit & Credit Card, Wire Transfer, ACH

CRYPTOCURRENCIES: 175+

COUNTRIES: 100+

SIGN UP NOW

Pros

  • Up to 100x leverage on crypto
  • Hundreds of trading pairs and available cryptocurrencies
  • Low trading fees
  • Buy crypto through multiple avenues
  • Mobile app
  • Users can earn up to 10% APY on their holdings

Cons

  • Not available to US citizens
  • High withdrawal fees to external wallets
  • Can be overwhelming for new crypto users

Here’s an in-depth comparison between Binance and Bybit. 

1. Trading Conditions

Before you sign up on either exchange, allow us to lay the two platforms bare in front of you . This requires us to take a look at the trading conditions offered by both Binance and ByBit.

Under Binance, $1 is required as your minimum deposit. The leverage it offers on futures stands at a ratio of 1:100. You can trade on 1,358 markets. USD is not the only base account currency. Trader can base their accounts in Euros, Pounds and over 50 other crypto currencies

With ByBit, you will also need to make a minimum deposit of $1. Like Binance, the leverage it offers is at 1:100. ByBit also allows its users to trade up to 257 markets around the world. The platform offers base account currencies only in crypto.

Trading ConditionsBinanceByBit
Minimum Deposit$1$1
Trading PlatformsBinanceByBit
Max Leverage (Futures)1/1001/100
Number of Markets1,358257
Number of Trading Accounts11
Base Account CurrenciesUSD, EUR, GBP +10 fiat currencies,Crypto
50+ Cryptocurrencies

2. Beginner Friendliness

Binance is more beginner friendly than Bybit for beginners, though Bybit has somewhat copied the layout of Binance’s platform and is somewhat similar to navigate. That said, Binance has many more crypto pairs for users to choose from than Bybit, and has more user-friendly buy and sell options, making it a more attractive option for a beginner.

Neither platform is entirely beginner friendly though and both are more suited to traders with at least some experience.

3. Standout Features

Both Binance and Bybit have a number of compelling features that might draw you to their platforms. Here’s a look at a few of the standouts:

BinanceByBit
Binance Visa Card: With Binance Visa Card, you can convert and spend cryptocurrencies at more than 60 million merchants worldwide. Just transfer crypto from your Binance Spot Wallet to your Funding Wallet and you are ready to start spending your crypto worldwide.Bybit Defi Mining and Dual Asset Mining: Frictionless on-ramp to defi services that let users earn interest rates of up to 20% for mining and over 200% for dual asset mining.
Binance Liquid Swap: Liquid Swap is a liquidity pool developed based on the AMM (Automatic Market Maker) principle. It consists of different liquidity pools, and each liquidity pool contains two digital tokens or fiat assets. You can provide liquidity in the pools to become a liquidity provider and earn transaction fees and flexible interest.ByBit Flexible Staking: Flexible Staking allows you to stake tokens (BTC, ETH, USDT and USDC) and earn guaranteed yields in the same type of tokens with a high APY. The yield will be auto deposited daily to your account and you can unstake at anytime.

4. Available Cryptocurrencies

Bybit offers a wide selection of cryptocurrencies, with just under 100 available for trade, but Binance is far and away the better option, with over 175 available, and a ton more trading pair options than Bybit has. Binance also has a wider selection of assets available for derivatives than Bybit does.

5. Sign-Up Process

The sign-up process for Bybit and Binance is almost identical because neither requires users to do identity verification if they just wish to deposit and begin trading their previously owned crypto assets.

They both require you to do identity verification once you want to purchase digital assets with your fiat option of choice through one of their fiat gateway partners. There are now some location for which Binance automatically requires full identity verification.

6. Fees

To make your decision a lot easier, we’ve compared the two exchange platforms down to the prices they come at. You’ll be pleased to know that trading fees are low with Binance.

The max maker and max takers fees offered by both Binance and ByBit come to 0.1%. Binance’s min maker fee is far lower than ByBit’s. ByBit offers 0.1% while Binance offers a mere 0.012% charge. For a detailed comparison of the two fees, consider the table below.

FeeBinanceByBit
Max Maker0.1%0.1%
Max Taker0.1%0.1%
Min Maker0.012%0.1%
Min Taker0.024%0.1%
Debit/Credit Card Purchase Fee1%0%

Futures Trading Fees:

Both exchanges allow users to trade futures. This is one of their many similarities. However, Binance’s futures trading fees prove to be slightly better than ByBit’s. Have a look at the table below for a detailed comparison of the two.

FeeBinanceByBit
Max Maker0.02%-0.025%
Max Taker0.04%0.075%
Min Maker0%-0.025%
Min Taker0%0.075%

Non-Trading Fees:

Binance continues to offer lower fees than ByBit, even for non-trading transactions. That is not to say that ByBit has extortionary prices either. To put what we mean into context, we’re put together a helpful table guide related to both platform’s non-trading fees.

 BinanceByBit
Account Fee0%0%
Deposit Fee0%0%
Bank Transfer Withdrawal Fee1.5 USD-
Debit/Credit Card Withdrawal Fee0%0%
BTC Withdrawal Fee0.00010.0005
Inactivity Fee0%0%

7. Passive Income Tools

In terms of ways to earn passive income on these platforms they are both evenly matched. Both offer staking and mining pool opportunities. However, managed accounts, MAM/PAMM and other passive income methods are not offered by both.

If passive income methods will determine which exchange you pick over the other, you’ll find that they are evenly matched. Consider the comparison table below.

8. Deposit and Withdrawal

If you’re considering ways to access your money, Binance offers better help than ByBit, but only one. That is, Binance allows traders to access their money or make withdrawals via bank transfer.

For a detailed comparison of how Binance or ByBit allows their traders to access funds and make deposits, consider the tables below.

Deposit:

 BinanceByBit
Bank TransferYesNo
Credit/Debit CardYesYes
Electronic WalletsYesYes
CryptoYesYes

Withdrawal:

 BinanceByBit
Bank TransferYesNo
Credit/Debit CardYesNo
Electronic WalletsYesNo
CryptoYesYes

9. Best Trading Platform

The support given by one platform cannot match the other. If you’re looking for the best platform in regards to accessibility, that crown goes to Binance. Unlike ByBit, Binance was a fully supportive ecosystem of platforms. Traders can log onto Binance via web desktop browser and mobile. Better yet, it is available on both Android and iOS.

In contrast to this, ByBit only offers users the access via mobile web apps. This hasn’t limited its growing adoption, though. ByBit remains available on both Android and iOS.

A look at trader support reveals that both platforms are excellent choices, with neither one trumping the other. Both Binance and ByBit allow traders to access market indicators, drawing tools, historical trades and live quotes.

 Features:

 BinanceByBit
SMS Based 2 FAYesNo
App Based 2 FAYesYes
Voice Call 2 FANoNo
Search BarYesYes
FiltersYesYes

Technical Analysis/Charting Tools:

 BinanceByBit
IndicatorsYesYes
Drawing ToolsYesYes
Historical TradesYesYes
Live 2 QuotesYesYes

Mobile Trading:

FeaturesBinanceByBit
iOS VersionYesYes
Android VersionYesYes
Apple Watch AppNoNo
Touch IDNoNo
Face IDNoNo

Types of Orders:

 BinanceByBit
MarketYesYes
LimitYesYes
Stop LossYesYes
Stop LimitYesNo
Trailing StopYesNo

10. Research

 TypeBinanceByBit
News FeedYesYes
Fundamental DataYesYes
Chart AnalysisYesYes
Trading IdeasNoNo
E-Mail ReportsYesYes

11. Education

TypeBinanceByBit
Demo-account/Paper TradingNoNo
CoursesYesNo
ArticlesYesYes
VideosYesYes
WebinarsYesNo
BooksNoNo

12. Support

 FeaturesBinanceByBit
Working Days24h24h
E-mailYesYes
PhoneYesNo
Online chatYesYes
OtherTelegramTelegram

Conclusion 

Binance and ByBit are two popular cryptocurrency exchanges. Each of them has its pros and cons. Binance will be the best choice for traders who want to trade any cryptocurrencies, including those with low popularity. ByBit is a good fit for traders who prefer derivatives trading and who would be fine with a smaller selection of cryptocurrencies.

SIGN UP NOW: Binance
SIGN UP NOW: Bybit

Read more: Best Cryptocurrency Centralized Exchanges | Top Crypto Exchanges

Thank for visiting and reading this article! Please share if you liked it!

#blockchain #exchange #binance #crypto #bitcoin #houbi 

Binance vs. Bybit Exchange Compare | Which Exchange is Better?
Jack  C

Jack C

1656385920

Binance vs. FTX Exchange Compare | Which is Better?

Binance vs. FTX Exchange Compare | Which is Better, Which Crypto Exchange Is Right for You?

Binance and FTX are two of the most popular crypto derivatives exchanges in the world. Binance is the leading cryptocurrency exchange in the world in terms of spot and derivatives trading volume. On the other hand, FTX is a pure derivative trading exchange and ranks among the top 3-largest crypto assets exchange.

Both exchanges share numerous similarities and a few differences. However, those differences can be the key to selecting the right derivatives exchange.

Today, we’ll compare FTX and Binance on multiple areas, such as offerings, fees, security, platform capabilities, and more. By the end of this Binance vs. FTX comparison, you’ll be able to determine which is the best crypto exchange in the market for trading cryptos.

What is Binance, FTX?

1. Binance:

SIGN UP NOW

Binance was founded in 2017 by ​​Changpeng Zhao, also known as CZ, a Chinese-Canadian business executive, and previously, a developer who worked on creating Blockchain.info and also served as chief technology officer for OkCoin, another crypto exchange.

Binance is currently the world’s largest exchange in terms of the daily trading volume of cryptocurrencies. It is indeed Coinbase’s direct competitor both in terms of trading volumes and market capitalization. 

Binance is available in more than 180 countries worldwide, though they had to create a separate company, Binance.US, specifically for United States users due to the country’s more burdensome local jurisdictional regulations. 

The exchange has faced several regulatory actions in different countries worldwide, mainly due to accusations of money laundering issues. The company had to relocate several times before finally being established and headquartered in the Cayman Islands.

Binance has earned a reputation as an exchange that sometimes has carried out some business activities before asking for permission, which has caused further regulatory issues. Acting without too many restrictions certainly favors more rapid innovation, which the exchange has shown over time and other platforms. However, it has also caused closer scrutiny from authorities. 

Soon after its launch, Binance released its cryptocurrency, Binance Coin (BNB) has grown to become one of the top five coins by market capitalization. 

In 2020, the exchange launched Binance Smart Chain (BSC), a blockchain network built for running smart contract-based decentralized applications (DApps) and allowing users to manage their digital assets cross-chain. Binance Smart Chain is supported by Coinbase Cloud, which offers secure read/write and participation infrastructure for BSC, empowering those looking to build on the chain or help secure the network.

Functionalities like Bitcoin mining, decentralized finance (DeFi) and other financial crypto services have sealed Binance’s success over the years.

  • Main platform features: Low fees, comprehensive charting options, and hundreds of cryptocurrencies
  • Fees: 0.10% spot-trading fees, 4.5% for debit card purchases
  • Number of cryptocurrencies supported: More than 500 for global traders on Binance, and 80 for U.S. investors on Binance.US
  • Security features: Two-factor authentication (2FA)verification, Federal Deposit Insurance Corporation (FDIC)-insured United States dollars (USD) balances for Binance.US, device management, address whitelisting, cold storage
  • Types of transactions supported: Limit order, market order, stop-limit order, trailing stop order, post only order, peer-to-peer trading, margin trading, one-cancels-the-other order, and more
  • Maximum trading amount: Limits differ based on the cryptocurrency purchased

Pros

  • Over 500 cryptocurrencies for trade
  • One of the cheapest platforms to use
  • Massive selection of transaction types

Cons

  • U.S. customers can’t use the Binance platform, and the Binance.US exchange is very limited
  • It can be overwhelming, even for experienced users
  • No built-in digital wallet
  • In regulatory trouble in several countries and under investigation in U.S.

2. FTX?

FTX is a leading exchange specializing in providing derivative products related to cryptocurrencies such as: Spot (instant trading), Futures Contracts (future contracts), Option (options trading), Leveraged Tokens (Margin) and OTC.

Founded by Alameda Research - one of the world's largest market makers and liquidity providers, FTX is an exchange built by investors and for investors themselves. . FTX is committed to building the best derivatives exchange by:

  • Solve the most difficult problems of the leading futures exchanges: system overload, revenues, lack of liquidity, poor quality products, ...
  • Developing new products to serve the evolving needs of the market.
  • Hear and respond to community feedback quickly: FTX was created with traders in mind, to build a strong enough platform for professional trading firms and for first-time users.

SIGN UP NOW


Basic information about FTX

  • Release date: April 2019.
  • Products: Spot Contracts (Spot), Futures Contracts (Futures), Leveraged Tokens, OTC, Prediction, Option, Staking.
  • The exchange's token is FTT Token .
  • Headquarter: Hong Kong.
  • Owner: Sam Bankman-Fried, and owner of Alameda Research.

Prior to that, Alameda Research was founded in October 2017. Manages over $100 million in digital assets and trades between $600 million and $1.5 billion per day. At the same time, Alameda Research is also the main supporter of the FTX exchange.

In July 2021, FTX successfully raised a huge amount of up to $900M, and FTX was later valued at $18B.

Pros

  • Offers trading discounts while using the FTT token
  • Comes with a virtual debit card for online crypto spending
  • Large selection of supported cryptocurrencies
  • Features advanced trading solutions with support for NFTs

Cons

  • US platform is much more limited
  • Does not support some major cryptocurrencies
  • Relatively young exchange

Read more: What is FTX Exchange | How to Register, Buy and Sell on FTX Exchange

FTX vs Binance at a Glance

As pointed out in the introduction of this FTX VS Binance comparison, whenever you compare FTX, Binance, Coinbase, or any other exchange out there, in the industry, you should always do so through the lens of some set-specific features.

1. Trading Volume & Liquidity

In terms of trading volume and liquidity, Binance and FTX are ranked #1 and #3 in the world, respectively. With over $ billion in combined daily volume, both exchanges are professional-level trading platforms. High average liquidity for most large-cap cryptocurrencies means that high-volume traders and institutional traders can place large orders and avoid excess slippage.

 

2. Futures Contracts & Leverage Offerings

FeaturesFTXBinance Futures
💰 Supported Pairs39189
🚀 Maximum Leverage20x20x
⚖️ Taker Fees0.07%0.04%
🔧 Maker Fees0.02%0.02%
💳 Supported Deposit MethodsWire, Credit Card, and CryptoWire, Credit Card, and Crypto
🎁 Joining Bonus5% Off on Trading FeesN/A

Both FTX and Binance offer a wide range of cryptocurrency assets. However, FTX is purely a platform for trading crypto derivatives and provides the following products:

  • Futures:  150+ perpetual futures contracts or perpetual swaps with the quarterly expiry futures market
  • Options: Bitcoin options contracts
  • Leveraged Tokens: Leveraged positions with up to 3x leverage on 45 different ERC-20 tokens
  • MOVE: MOVE contracts (unique FTX offering) with daily, weekly, and quarterly expiry

FTX provides up to 101x leverage; however, you can adjust the leverage amount to 50x, 100x, or 101x per your market trading preferences.

Margin Trading (with Leverage)

Binance and FTX offer comprehensive and well-developed derivatives trading markets. Both exchanges are solid choices for experienced and advanced traders alike with a multitude of supported trading pairs, features, and a variety of robust trading markets to contend with.

Accessible through the main Binance website, Binance Futures is a platform that specializes in futures, margin, and derivatives crypto trading. Traders have the option of applying leverage up 100x on long and short positions on a multitude of trading pairs, including those against the popular USDT. This is where traders will have access to:

  • Perpetual or Quarterly Contracts that are settled in USDT or BUSD.
  • Perpetual or Quarterly Contracts that are settled in cryptocurrency.
  • Binance Leveraged Tokens.
  • Binance Cryptocurrency Options.

Screenshot of Binance Futures and trading pairs.

In comparison, FTX offers a wider breadth of margin trading on its derivatives exchange. In addition to the leveraged spot and futures trading (up to 125x) and leveraged tokens, FTX also offers volatility products, tokenized stocks, and MOVE contracts.

  • Spot. Optional leverage up to 10x can be applied to over 240 trading pairs.
  • Futures contracts. Stablecoin settled futures contracts that can be set for the current quarter, following quarter, or perpetually. A backstop liquidity provider is in place and over 250 trading pairs are supported.
  • Leveraged tokens. Four leverage options to choose from such as Bull (3x), Bear (-3x), Hedge (-1x), and Half (1/2x).
  • MOVE. Futures contracts that represent the absolute value of the amount the price of a coin moves over a time period.
  • Options. Similar to futures trading where the holder is not obligated to buy or sell at the future price.

Earning Yield on Crypto

FTX and Binance offer ways to earn crypto interest on holdings via staking and interest-earning accounts. While FTX staking is limited to FTT tokens with a return of 8% APY, Binance offers flexible, locked and DeFi staking on over 120 assets under a fixed, or flexible arrangements. Coins that can be staked on Binance include BNB, LUNA, SHIB, SOL, KSM, ATOM, VET and many others. Binance is one of the better staking platforms that have no additional fees.\

When it comes to earning interest on crypto, both FTX and Binance have interest savings accounts. With Binance, there is the option to choose from a Fixed Deposit or Flexible Deposit which provides slightly different crypto interest rates. Binance also offers dual investment, DeFi farming, Launchpool, and crypto savings accounts. All interest-bearing accounts can be quickly accessed on Binance Earn.

3. Trading Experience

Both Binance and FTX are designed with advanced traders in mind, and this is evident when looking at the trading experience on each platform. The user interface for both platforms offers a wide selection of technical charting tools and software, as well as the ability to customize it to a user’s liking.

Binance offers a comprehensive view of the markets, with live order books, customizable watch lists, and built-in Tradingview charting that offers hundreds of indicators and drawing tools. The order forms offer quick access to spot and margin trades, as well as multiple order types to fur control trades.

New crypto investors may feel overwhelmed with all of the options available, and some market knowledge is required to place trades on Binance. That being said, there is a “Convert” feature that allows users to simply swap between one crypto and another, without complicated charts or order forms.

Similarly, FTX has a very advanced trading platform that is also powered by Tradingview charts. This allows users to overlay technical indicators and drawings within the chart to plan a trading strategy. Users can quickly view an asset list, chart details, live order books, and customize their order form.

While the variety of trading options is similar to Binance, FTX does not show the active Unrealized Profit and Loss of an open trade like Binance does. But outside of that difference, FTX and Binance both offer multiple order types, leveraged trading, TradingView charting, and customizable dashboards.

While FTX offers access to a wide selection of markets, Binance offers far more, with over 1,500 pairs to choose from. But switching between spot trading, futures trading, and other asset trading are simpler on FTX, with a well-designed menu built into the trading window.

4. Trading Fees

Binance and FTX have a tiered fee structure that offers very low trading fees, with FTX offering slightly lower fees overall. Binance transaction fees are 0.1% for makers and takers compared to 0.02% (maker) and 0.07% (taker) on FTX. Both platforms also offer discounts to high-volume traders and holders of their native exchange tokens.

MARKETBINANCE FTX 
Spot tradingFrom 0.1% / 0.1%From 0.02% / 0.07%
Leverage tradingFrom -0.01% / 0.02%From 0.02% / 0.07%

Crypto derivatives trading on Binance offers lower transaction fees. There are even rebates for Binance Coin (BNB) holders and high-volume traders, ranging from -0.01% (maker) to 0.02% (taker). FTX leveraged trading follows the same fee structure as spot trades, offering 0.02% (maker) and 0.07% (taker). There is up to a 60% discount to FTX Token (FTT) holders, including maker rebates as low as -0.0030%.

Deposit and withdrawal fees:

When it comes to deposit and withdrawal fees, Binance takes the cake because of its more straightforward structure. Binance doesn’t charge deposit or withdrawal fees on ACH transfers in U.S. dollars or on wire transfer deposits. You will pay a $15 fee on domestic wire withdrawals.

FTX charges a standard fee of $0.50 per ACH deposit, but has a few exceptions:

  • One ACH deposit over $10 per week is free.
  • Your first ACH deposit is free.
  • Deposits over $100 are free.

For wire withdrawals, FTX allows you to withdraw less than $5,000 once per rolling week period for free. Additional withdrawals below that amount will cost you $25. Withdrawals above $5,000 are free and there’s no fee for wire deposits.

5.  Trust and Security

Binance and FTX both come with their security system, which helps keep your funds safe. Binance stores roughly 10% of all trading fees in a secure fund that is used as insurance cover in case of an attack. This was in response to a phishing attack that took place in 2019, leading to the platform suffering a loss of $40 million.

Since then, Binance has worked to restore trust among its users with tools such as a 2-factor authentication and IP and wallet whitelisting for all its accounts.

FTX also deploys a range of security measures to protect its users’ funds. The platform uses SSL encryption for all data transfer which means that any information you share is protected by cryptographic encryption. You can also whitelist specified IP addresses and wallets on FTX.

6. Wallets

Binance offers support for Trust Wallet, a custodial hot wallet that supports thousands of cryptocurrencies across most major blockchains. For cold storage, Binance also provides easy access for users to transfer their funds to both Trust Wallet and other external wallets like the Ledger, Trezor, and Coolwallet devices. Binance offers a wide range of choices for wallets, providing users with a recommendation for Trust Wallet, while also giving them the freedom to choose a cold wallet that they can more closely manage.

FTX allows users to transfer their funds using their own digital wallets, but what wallets are recommended or supported is a little unclear. FTX does not offer any guidance for choosing a wallet or any help for transferring funds to a wallet separate from the platform. However, it allows users to do so. It is assumed that major wallets will be able to connect to and obtain funds from FTX, but exact wallet support is not given by FTX.

7. Customer Support

Without a doubt, customer support is among the most important aspects to look into, when deciding between Binance VS FTX. As I’ve pointed out earlier in the article, it’s a feature that many people don’t really think about, until it’s too late.

Thus, you should look into it beforehand, when you’re just picking out the best exchange for yourself.

FTX isn’t the best option, for anyone who values live customer support. Yes, the platform does have support options - you may submit a ticket, and there’s even a number to call, too. However, the most optimal way to chat with an agent is via live chat - a feature that the exchange is missing.

On the flip side, this is where Binance excels, too. The crypto exchange platform in question does have live customer support, via a live chat feature. In order to access it, you will need to log into your account - then, an agent will be reachable in just a few simple clicks.

When you compare FTX VS Binance, is it really a big deal that FTX doesn’t have live chat support? Well, it depends. There aren’t all that many user FTX reviews that would point this out - that’s good. And, to be fair, you can still reach the platform - it will just take much more time, if you choose to correspond via email.

That being said, if you find yourself in a situation where you would need support urgently, it CAN become a large issue, even with the phone option available. This is why live chat has become the industry-standard form of communicating with support agents, too!

All in all, no matter how you look at it, the point remains true - while FTX lacks a live chat feature, Binance does have one.

8. Staking rewards

In terms of staking rewards, Binance is the winner by default because FTX does not offer staking on its platform. Staking rewards give crypto investors the chance to earn income for supporting a coin as part of the verification process. Exchanges deposit any income you’ve earned into your account after subtracting fees.

Binance offers staking on seven coins and does not charge staking fees. If staking is important to you, you might also consider using Kraken as an exchange, which offers staking on 13 coins with plans to add more in the future.

9. Cryptos available

Binance gives users over 1000 different cryptocurrencies to trade. This platform is also home to Binance Coin and Binance USD, two of the top 10 cryptocurrencies globally. Trading Binance USD and holding BNB with Binance gives extra benefits and can even give you VIP status, lessening your transaction fees. Binance is not missing many major coins, but of the two, FTX is the only place that offers FTT. For residents of the United States, Binance's dedicated Binance.US platform only offers over 100 of those choices.

FTX offers choices on over 300 cryptocurrencies, which is still no small feat, but pales in comparison to Binance's offerings, which offer roughly double that amount. FTX is missing some major options for coins, however, lacking the ability to trade both Binance Coin and Binance USD, as well as another top 10 coin, USDC. Similar to Binance, FTX's full services are restricted in the U.S., forcing users in this locale to turn to FTX.US, which offers just over 20 cryptocurrencies. This is a sizable reduction for U.S. investors compared to Binance.US's offerings.

In terms of assortment, Binance rises above FTX no matter the region. While both platforms offer a considerable amount of trades for different coins, Binance simply has more than FTX, even if one or two coins on FTX are not supported by Binance. With all the top 10 coins being supported on Binance and even more to come, this is our clear winner when it comes to offering the most types of cryptocurrency.

10. Buying & Selling NFTs

Binance and FTX offer NFT marketplaces that allow users to buy, sell, and mint NFTs. While neither platform is competing directly with independent marketplaces such as OpenSea, they both offer a decent selection of popular NFT collections. Binance supports BSC and Ethereum network NFTs, while FTX supports both Solana and Ethereum network NFTs. Binance charges a 1% fee for buying or selling an NFT, and creators receive a 1% royalty on all sales within their collection.

SIGN UP NOW: Binance
SIGN UP NOW: FTX

Which should you choose?

Binance and FTX are both highly reputable crypto exchanges that offer best-in-class derivatives and spot trading, as well as a wide range of features catering to advanced traders. With over $100 billion in combined daily trading volume, Binance and FTX have gained the world’s trust, and continue to process more transactions than most other crypto exchanges combined.

The NFT marketplace on each platform won’t impress serious investors, but the crypto yield farming features on Binance Earn surpass FTX’s offerings. As such, users looking for passive income options should choose Binance. Overall, you can’t go wrong with either exchange, which is why they are both two of our top-rated exchanges.

In short, choosing between Binance and FTX comes down to preference and trading style. Binance is a great option for both new crypto investors and intermediate traders that want access to one of the largest selections of cryptocurrencies on the planet, while FTX is better suited for advanced crypto traders that want to create custom trading strategies and programs. Overall, Binance is a slightly better platform due to its plethora of features and products that will suit various types of users.

Read more: Best Cryptocurrency Centralized Exchanges | Top Crypto Exchanges

Thank for visiting and reading this article! Please share if you liked it!

#blockchain #exchange #binance #crypto #ftx #bitcoin 

Binance vs. FTX Exchange Compare | Which is Better?