Best BSC Tokens — Top Picks of 2024

The Binance Smart Chain (BSC) has become a hotbed for profitable tokens. Known for its low fees and fast transactions, BSC tokens are attracting more and more investors daily.

Many people invest in BSC tokens because of their benefits, including fast block confirmations resulting from its one-of-a-kind consensus method and low transaction fees. Here, we’ll explore the best BSC tokens and why you should invest in them.

A Closer Look at the Best BSC Tokens to Buy

To simplify the process of selecting an asset to invest in, we’ve included detailed reviews of the best BSC tokens to buy right now. While each of the projects we’ve included is solid and fulfills a necessary purpose, it’s always important to do your own research before investing.

1. FreeDum Fighters

FreeDum Fighters is one of the latest BSC tokens that saw the light of day in October 2024. In just one hour, this politiFi coin raised more than $100k due to its satirical design. That said, FreeDum Fighters imitates the US presidential election in a parodic way. Its ecosystem includes Magatron and Kamacop 9000, two mechanized presidential candidates reminiscent of Doctor Octopus and Robocop.

Investors can vote for both candidates by locking their $DUM tokens in two staking pools. The pool with more votes will generate a lower APY and vice versa. In addition to staking rewards, investors will be able to win secret airdrops by engaging in weekly debates and polls.

At the time of writing, the $DUM token can be purchased on ETH, BSC, Base, and SOL for $0.000055. Its total supply stands at 270 billion, of which 40% will go towards the presale.

2. Zcash

Zcash is a privacy-focused project. ZEC, its native cryptocurrency, is also one of the best BSC tokens to buy. It is based on Bitcoin’s codebase and shares many similarities with Bitcoin, like the total supply of 21 million units. Yet, it is faster than Bitcoin.

Zcash uses a proof-of-work consensus mechanism. It is available and accessible to anyone, but your right to privacy is protected, as this decentralized protocol uses end-to-end encryption.

Moreover, the project fosters a self-funded development, which means that a decentralized ecosystem of developers receives compensation for adding UX improvements and Zcash features. Users can also send secret messages along with the transactions.

Most cryptos that offer anonymity use private keys, which can make a user identifiable after enough transactions have been made. However, due to the use of Zk-SNARKs, with ZEC, users don’t have to reveal their addresses to each other, substantially decreasing the amount of data that can be exposed.

3. Chainlink

Chainlink is the industry-standard Web3 service platform and one of the top BSC projects, too. It has enabled trillions of dollars in transaction volume across insurance, DeFi, NFTs, gaming, and other major industries. More specifically, as of now, Chainlink has enabled a total transaction value of around $12.55 trillion.

The universal interoperability, time-tested security, and world-class developer experience make Chainlink the global standard. Moreover, Chainlink’s smart contracts can help enterprises by automating crucial functions and event-driven tasks.

Chainlink is the leading decentralized Oracle network, allowing developers to build feature-rich Web3 apps with access to real-world data and off-chain computation across blockchains. Global enterprises can also benefit from its universal gateway to all blockchains.

Chainlink native token, LINK, serves as currency to pay Chainlink network operators for performing computations and retrieving and preparing off-chain data.

The platform’s goal is to keep growing, expand its support for blockchain environments, and enable new use cases for hybrid smart contracts.

4. Uniswap

When searching for the best BSC tokens, check out Uniswap. It is the largest DEX on the Ethereum blockchain, and due to its extensive selection, you can find the best coins on Uniswap. To use Uniswap, you need an Ethereum wallet and some ETH to pay gas fees.

Its trade volume exceeds $489B, and the platform has facilitated more than 71M all-time trades. It boasts over 300 integrations and more than 4,400 community delegates support it.

UNI is Uniswap’s native token, allowing community ownership over the protocol and enabling stakeholders to vote on critical development initiatives and protocol changes. This community-governed project offers a governance forum and portal, as well as voting on off-chain proposals with the Snapshot interface.

When UNI was released, Uniswap introduced a unique method of token distribution by airdropping 400 UNI tokens to each Ethereum address that had already used the protocol. More than 250,000 Ethereum addresses received the airdrop, which was worth almost $1,400 at the time.

5. Binance USD

Our Binance Smart Chain token list cannot be complete without Binance USD. Approved by the New York State Department of Financial Services, this is a 1:1 USD-backed stablecoin. The NYDFS regulations mean that the crypto is subjected to strict regulatory standards and monthly audits to guarantee user asset security.

In 2019, Paxos and Binance partnered to create BUSD. Since then, the token has positioned itself as a high-ranked stablecoin.

Binance uses smart contract technology, so it can mint and burn BUSD tokens, depending on its needs. Because the token is BEP-2 and ERC-20 compatible, it can be used on both blockchains.

The number of BUSD users has expanded substantially, and a lot of new real-world use cases have appeared. For instance, many hotels offer their guests the opportunity to book a room with a QR code that allows them to pay in BUSD.

6. Dogecoin

Dogecoin is an open-source, peer-to-peer cryptocurrency and one of the best BSC tokens. Its logo is a Shiba Inu. 10,000 new coins are minted every minute, and there’s no maximum token supply.

From its inception in 2013 until 2021, Dogecoin was considered only an amusing meme coin. However, that changed in 2021, when It became one of the ten biggest cryptocurrencies by market cap, with a total value of $20 billion.

This Litecoin-based project uses proof-of-work technology. Its loyal community of supporters trades the coin and uses it as tipping currency for social media content.

In 2019, the DOGE token was listed on Binance. Its current price is $0.1257, and its market cap is $18,267,746,719.

Dogecoin has become immensely popular, and proof of that is that people can buy a lot of products and services with the coin, including real estate, electronics, and cars.

7. Polkadot

Polkadot is a protocol that connects blockchains and is one of the best BSC tokens to buy. The platform offers economic and transactional scalability, as well as security for everyone. In fact, chains stay independent in their governance but united in their security.

The Polkadot network has a primary blockchain – the “relay chain” and many parallel chains – “parachains,” created by users.

Its easy blockchain innovation enables users to create a custom blockchain in minutes with the help of the Substrate framework. Because of its nominated proof-of-stake (NPoS) model, Polkadot consumes a small fraction of the energy used by conventional blockchains.

The platform can process over 1,000 transactions in a second, as opposed to Bitcoin’s 7 and Ethereum’s 30 transactions per second.

The DOT token has three purposes: staking, bonding, and governance over the network. Polkadot’s sophisticated governance system allows every stakeholder to have a say.

Why Invest in New BSC Tokens?

Investing in Binance Smart Chain coins can be attractive for several reasons:

Conclusion

BSC tokens have become very popular, especially as they offer fast block confirmations resulting from the one-of-a-kind consensus method and low transaction fees. Moreover, Binance Smart Chain supports cross-chain transfers and NFTs, further increasing the appeal of these coins.

In this article, we have listed the best BSC tokens and what makes each of them unique so that you can make a more informed decision about choosing what suits your needs. Explore these tokens and take advantage of the opportunities Binance Smart Chain presents.

FAQs