The Binance Smart Chain is a new blockchain that is compatible with the Ethereum Virtual Machine (EVM). This makes it possible to run Ethereum smart contracts on the Binance chain.
The Binance Smart Chain also has its own native token, BNB.
The Binance Smart Chain is designed to offer high throughput and low transaction fees. It uses a Proof-of-Stake (PoS) consensus mechanism and can process up to 10,000 transactions per second.
The Binance Smart Chain is still in its early stages of development but is already gaining traction among developers. Several popular decentralized applications (dApps) have already been built on the Binance chain including PancakeSwap, a decentralized exchange (DEX) built on the Binance DEX protocol.
What Coins Are on the Binance Smart Chain?
The native token of the Binance Smart Chain is BNB. In addition to BNB, there are a number of other tokens that are built on the Binance chain including:
NOTE: WARNING: Investing in cryptocurrencies is highly risky, and Binance Smart Chain should not be considered a safe investment. The coins that are currently listed on the Binance Smart Chain may fluctuate in value and can result in a total loss of your investment. Before investing, you should do your own research and consult with an independent financial advisor to determine whether any cryptocurrency is right for you.
PancakeSwap (CAKE): PancakeSwap is a DEX built on the Binance DEX protocol. PancakeSwap allows users to trade a variety of assets including BTC, ETH, LTC, and more.
Trust Wallet (TWT): Trust Wallet is a mobile wallet that supports a variety of cryptocurrencies including BTC, ETH, LTC, and more. Trust Wallet also allows users to stake their crypto holdings and earn rewards.
Cream Finance (CREAM): Cream Finance is a DeFi platform that allows users to earn interest on their crypto holdings. Cream Finance also allows users to take out loans using their crypto as collateral.
These are just a few of the many tokens that are built on the Binance Smart Chain. With its high throughput and low transaction fees, the Binance chain is quickly becoming a popular choice for developers looking to build decentralized applications.
6 Related Question Answers Found
As the world’s largest cryptocurrency exchange, Binance is a go-to platform for many crypto traders. But did you know that Binance has its own blockchain – Binance Smart Chain (BSC)? BSC is a high-performance blockchain that runs in parallel with Binance Chain.
Binance is a cryptocurrency exchange that allows you to trade in a variety of digital currencies. The most popular coins that are traded on Binance are Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Ripple. There are also a number of altcoins that are available for trading.
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, has announced it will be listing five new coins on its platform. The coins to be listed are Bitcoin Cash (BCH), Ethereum Classic (ETC), Litecoin (LTC), Cardano (ADA), and Zcash (ZEC). This is big news for the crypto community as Binance is one of the most popular exchanges.
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is known for its stringent listing requirements. The Malta-based exchange has a team of experts that analyze new coins and tokens before deciding whether or not to list them on the platform. In order to be considered for listing on Binance, a project must meet a number of criteria including having a strong team, a working product, and a large and engaged community.
As the native blockchain of the Binance ecosystem, Binance Smart Chain is a public, permissionless blockchain that features a dual-chain architecture. This means that it is compatible with both Ethereum and Binance Chain. In addition, it also supports smart contracts, DeFi applications, and cross-chain asset transfers.
In the past few months, many new coins have been introduced in the market. Some of them have been listed on Binance, and some have not. So, which new coin is listed on Binance?
