As can be seen, tokens are widely used for financial transactions today. Tokens are built by writing and deploying smart contracts on popular blockchain platforms like Ethereum, Tron, EOS, Binance Chain, etc.

One of the most popular cryptocurrency exchange platforms today is Binance. It offers trading of over 45 cryptocurrencies like Bitcoin, Ethereum, Litecoin, and XRP. Binance has its own coin built on the blockchain network. Binance Smart Chain, named BNB, Binance Smart Chain (BSC), is its own blockchain network. It will increase the flexibility and speed capability of the blockchain network. Let’s take a look at the top tokens on the Binance Smart Chain platform with HoldingB.

BUSD

The Binance USD (BUSD) is a 1:1 USD backed stablecoin issued by a financial company, the New York State Division of Financial Services, that aims to combine dollar stability with blockchain technology. It is a digital currency and is issued as ERC-20. It supports BEP20. Based on price stability, BUSD plays an important role in payments, transactions, and settlements and also in decentralized finance (DeFi).

You can transfer your digital dollars (BUSD) anywhere in a short time with a low cost.
Trade on different exchanges and DEXs.
You can deposit your BUSD for interest.
Use for payment options for goods and services.
Used as a loan asset and as collateral.
BUSD should be kept on an exchange or in a crypto wallet.

Pancake Swap (CAKE)

Pancake Swap’s native token is called CAKE. It builds on the BEP20 token launched on Binance Smart Chain.

The main function of CAKE is to incentivize providing liquidity to the cake as a platform. Users can easily stake their tokens to earn rewards. It provides an opportunity for users to invest and increase profits. CAKE can be used to join the lottery pool on Pancake Swap. This lottery pool can help win NFT (Non-Fungible Token), which can help with trading translation for CAKE.

Users can be safely stored on wallets connected to the Binance smart chain. It includes MetaMask, Trust Wallet,… Pancake Swap (CAKE) can be bought and sold on the following exchanges: Binance, VCC Exchange, BKEX, Kucoin.

Bakery Token (BAKE)

The Bakery Swap is a decentralized automated market creation protocol (AMM) and it is based on the Binance smart chain. The Bakery Token (BAKE) token is the BEP20 governance token. Users have the ability to earn more BAKE tokens by providing liquidity on the Bakery Swap. BAKE token holders can use their tokens to vote on governance and receive transaction fees.

BAKE is expected to offer 10 times more rewards than other pools. Bakery Swap has two types of liquid funds: with a BAKE bonus and without a BAKE bonus. BAKE Token charges 0.30% for all trades and swaps. Liquidity providers can be used to stake LP tokens to profit from BAKE token rewards. The BAKE token has on-chain supervision and security checks.

Safe Moon

The Safe Moon protocol works with the Safe Moon token as its native token, and the Binance Smart Chain can be the main framework. Safe Moon has planned to develop a non-fungible token exchange (NFT) as well as cryptocurrency applications and charity projects. Using the Safe Moon protocol, token holders will earn more Safe Moon depending on the amount of coins they have. It is a unique token similar to cryptocurrencies like Bitcoin, Ethereum, and more.

CREAM

Cream Finance is a decentralized P2P DEFI platform that provides lending, borrowing, payment, and cryptographic services for digital assets. It launches their native token called CREAM. This project was originally slated to launch on the Ethereum network. It was launched by the Binance Smart Chain network.

This token will allow users to lend and borrow assets. The CREAM token can help get rewards during staking. Currently, there is a total supply of 9 million tokens, of which about 150,000 are currently in circulation.

SWIPE (SXP)

Swipe multi-asset mobile wallet, Swipe cryptocurrency-powered debit card, and Swipe token (SXP), the Swipe network’s native token. This token is eligible for exclusive discounts on the Swipe app and it can be used to pay fiat with the help of a swipe debit card. SXP token will have a maximum supply of 30 million tokens. SXP holders can also stake their SXP and link it to the Swipe network. It’s available to trade on over 50 different exchange platforms like Binance, Kucoin, Poloniex, & IDEX.

ALPHA

ALPHA is a native token on Alpha Finance Lab and it is built on the Binance smart chain. ALPHA is considered a utility token where token holders can earn a portion of network fees by staking tokens announced on ALPHA to cover loans. Currently, ALPHA has a total supply of 285,579,035 and max. It was initially launched with a circulating supply of 174.1 million tokens out of a total of 1 billion. It is backed by one of the most secure blockchain networks in common use.

WBNB

WBNB is a native token on top of the BEP20 standard built on the Binance smart chain. BEP20 is the standard token on the Binance smart chain and it allows any token on the smart chain to demonstrate Binance from wallets to decentralized exchanges in a consistent way. WBNB follows the same concept. This token will also extend ERC20 to facilitate cross-chain transfers. It can be directly traded against any alt token.

BUX

The BUX token is built on the Binance utility token backed by the Binance smart chain, which can be used on the BUX crypto platform to trade with 0% commission and premium features. It aims to enrich a series of community features to bring more advantages to the BUX platform cryptocurrency. BUX’s goal is to create a strong use case for BUX. It has a strong supply, currently 57,904,773 BUX tokens and max with a total supply of 76,384,000 BUX coins.

Burger Swap

Burger is the native token of Burger Swap and it is the first democratized and decentralized automated market maker (AMM) on the Binance Smart Chain. It is built without the control of any centralized regulator through the use of smart contracts. The BURGER token will allow any user to create recommendations and regulate transaction fees, block rewards, and other system parameters of the Burger Swap exchange.

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