Blockchain technology is the crystallization of Satoshi Nakamoto’s finance decentralization dream. It is on account of this technology that the concept of distributed public ledgers for efficient and transparent financial transactions has come to fruition.
But there are many blockchains around now, each with its standard tokenization, approach, infrastructure, and design. Faced with this variety, what would you choose? Would you pick out efficiency and diversity, for example, over innovativeness and emerging popularity? If you are the majority of sharp crypto traders, investors, and enthusiasts, you would decide on a blockchain that has everything to offer, including a host of innovative tokens. This is what the Binance Smart Chain (BSC) is all about.
BSC is one of the newest blockchain networks on the block. The network’s architecture is innovative and flexible, so it accommodates a massive data storage infrastructure and allows transactions to run at the highest speed possible.
BSC is popular not only because it is innovative but also because it supports smart contracts. The governance of the network is also community-based, so it uses the proof-of-staked-authority model to drive operations and transactions.
Quite a number of valuable tokens can be found on BSC. These include the LOTT token (which serves as both the blockchain-traditional transaction token and a gaming token), the BSC-native BNB token (which is one of the top BEP-20 tokens), and many others.
So, we have written this article on the top 10 innovative tokens that were built on BSC and therefore utilize the blockchain’s network features with optimized precision.
BNB is the native token for Binance. Because it is virtually the original token on the BSC network, BNB is one of the most popular tokens in the entire crypto industry. Also, it is the native token of BSC’s sister Blockchain, Beacon, so it has that also.
BNB was an ERC-20 token when it was launched. However, it operates in 3 dimensions: as a BEP-20 on BSC, as a BEP-2 on the Beacon chain, and as an ERC-20 on Ethereum. Thus, for any crypto trader that uses Binance or any other platform associated with BSC, having BNB is a smart decision. You can buy BNB easily on kyrrex.com
LOTT is the native token for Lot.Trade, one of the most innovative contemporary cross-exchange platforms. As the League of Traders platform was designed on a dual-blockchain core consisting of BSC and IPFS (Inter-Planetary File System), LOTT is a BEP20 token with the data flexibility guaranteed by its being built on the IPFS.
The use cases of LOTT reflect the many-varied components of the Lot.Trade platform. So, because the latter is a trading platform, a gaming tournament platform, and a portfolio management platform, LOTT is the central means of exchange, transaction, and investment in the Lot.Trade ecosystem.
So, unlike the majority of tokens on this list, LOTT serves as both a utility token and a governance token. With it, you can participate in crypto tournaments, lend to other members on Lot.Trade, acquire NFTs (non-fungible tokens), etc. To get access to this massive treasure-trove of opportunities, you need to register with Lot.Trade first.
To register with Lot.Trade, use the platform’s registration link. Once you are done, you can start using LOTT.
Trust Wallet is an innovative crypto exchange platform that prioritizes ease of crypto transactions and exchanges, crypto portfolio management, and privacy. The platform’s native token, TWT (Trust Wallet Token) is also just as versatile and fantastic in terms of usage. Also, since the token was designed using BSC’s standard, it has both security and efficiency written into its framework.
Trust Wallet has more than 25 million active users. Thus, owning the native token is a good investment. Upon acquiring this token, you will also be able to exchange on the platform, yes, but you will also be able to manage your crypto trading portfolio. It is a wallet, after all, so you will have no problem integrating the platform and its token with other platforms that you have to use.
CAKE is the token you must keep an eye out for and obtain at all means if you have any interest in making something out of your trading career on PancakeSwap. The token is the built-in means of value storage and transaction on the platform. It also serves as the vehicle of PancakeSwap, underlying virtually every trading operation, thus defining the uniqueness of the decentralized exchange (DEX) platform.
CAKE is positively extensive in usage and peculiarity. According to PancakeSwap, the token has 6 major use cases. These include staking to earn more tokens, purchase of lottery tickets, participation in sales, and even voting. In other words, it serves as both a utility and governance token.
As PancakeSwap is one of the top 3 largest DEX platforms by trading volume (at the time of writing this article), owning CAKE is a fortune waiting to be unleashed. Even without its diverse use cases, its popularity is another reason to acquire and own it.
C98 is one of the most innovative BEP20 tokens ever. As expected, this characteristic of innovativeness is not entirely because of the token itself. The main bite to C98 is that it was created to be the vehicle of exchange, transactions, and operation on Coin 98. And Coin 98 is unquestionably a leading crypto wallet platform, especially when considering DeFi platforms.
C98 gives you unhindered access to all of Coin 98’s rich ecosystem. The ecosystem has aspects for finance management, investments and ventures, network support and operationalization, and others. Each of these aspects is a world on its own, and C98 is the license for access to Coin 98’s virtual worlds.
Also, as Coin 98 has a very wide coverage (operating in more than 150 countries), owning C98 means that you have a solid express privilege and access to the economy of these 150-plus countries. And that is just the peripheral advantage of owning the token. On the platform, you can do the typical token-type operations, but you can also swap tokens, and participate in staking, borrowing, and lending.
LINK is the native token for the innovative decentralized oracle network, Chainlink. Due to the inherent uniqueness of the exchange platform upon which it was designed, LINK is also a unique token, the kind that even businesses that do not yet use blockchains make efforts to acquire.
So, due to the unique role of Chainlink (which is to build a bridge platform between blockchains like BSC, Ethereum, Solana, and Terra and non-blockchain enterprises), LINK is positively prestigious among its peers. Thus, owning the token is tantamount to having an express ticket for which you can get more non-blockchain businesses to participate in crypto transactions.
However, the most appreciated use of LINK is the retrieval and preparation of computations and transactions that are made off blockchains and then recorded. Again, the token serves as a link to the crypto initiated and the yet-to-be initiated.
All of the tokens so far mentioned belong to exchange platforms that are entirely exchange-oriented in design or directly related to that. However, as you probably know, the industry and market of crypto assets have moved beyond simple trading activities. The emergence of NFTs and gamification has also incited new and very innovative developments, including the afore-mentioned LOTT token and MBOX.
MOBOX is one of the more innovative gaming platforms that run on the peculiarities of NFTs. The name of the platform’s token is MBOX, so ownership of this token gives you unhindered access to the stimulating MOBOX playing field and ecosystem.
The value and use cases of MBOX cannot be understood in the same framework as other utility tokens that serve mostly exchange-related purposes. MBOX functions within the play-to-earn framework that is characteristic of NFT gaming platforms, so it is a metaverse. In other words, there are a thousand and one ways you can use to earn money without relying on a crash course on reading tread lines or tweets.
Within the MOBOX platform, MBOX is incredibly versatile. Ownership of it means that you would not have to spend a single penny to obtain gaming rights, buy in-game assets, transact with other crypto traders and gamers, or do any other thing you would want to do.
All in all, MBOX is one of the most innovative and progressive BEP-20 tokens that has come out of the NFT gaming angle of the crypto industry.
CryptoMines is another gaming platform on BSC, except that it was designed with a Sci-Fi angle. Due to the game’s robust and exciting narrative, it is easy for even the most committed crypto trader and gamer to lose themselves in the NFT-saturated gaming terrain. But accessing the rousing landscape and other parts of the virtual environment requires the use of the platform’s token, ETERNAL.
ETERNAL, the name gives it away as a token for something altogether fascinating. In fact, inside all the excitement of dallying with virtual planets, spaceships, and dark matter, CryptoMines promotes the mining of ETERNAL. So, much like the model employed by many other crypto gaming platforms, you can collect the token by taking on new missions to search for it.
ETERNAL’s use cases are diverse despite its seeming lone purpose. Inside the game, you need ETERNAL to live another day. Outside the game (in the real world), you can use the token for the traditional purchases of crypto assets in the metaverse or trade it with other players for other things.
TLM (Trilium) is the token of Alien Worlds, a virtual crypto gaming platform. The token is obtained through missions, so the game is all about mining TLM and NFT cards while adventuring in the DeFi-architecture metaverse.
The ultimate purpose of mining TLM in the metaverse is to have access rights to the NFTs hidden within the virtual gaming environment. So, you can stake the token, use it for governance and voting, and use the cross-chain feature on the platform to take advantage of what blockchains other than BSC (for instance, Ethereum) are offering.
TLM grants you right of entry into the different levels of rarity (6 of them) and shininess (4 of them). Every level is characterized by different fortunes, so increasing the number of TLM tokens you have should be a long-term investment strategy.
SFUND is the native token of Seedify.Fund. According to the platform’s website, SFUND is the token for access to the gaming-focused incubator. Thus, it not only enables its users to transact on the platform but also helps crypto game developers efficiently create virtual gaming environments and projects.
Seedify is an interesting platform in that it is all about gaming. As a result, you will find NFT collectibles on the platforms as easily as you find cryptocurrencies on others. Also, the platform is integrated with its progressives, for instance, PancakeSwap. Consequently, SFUND as the native token has a wide variety of uses on the platform and across it.
All in all, the tokens on BSC are some of the most highly-regarded at the moment. This has to do with the relatively low gas fees on the blockchain, as well as the above-average speed of transactions. Although more blockchains and tokens are developed on an almost daily basis, the majority of these developments are ordinary advancements of the framework already in place.
BSC remains one of the most innovative blockchains so far created. Thus, it is a solid foundation for more forward-thinking and exciting ideas. This is why it is a subject of interest for the development of tokens that are suitable for faster and more efficient crypto transactions, as well as other use cases that we are yet to discover.
Are you intrigued by the world of cryptocurrency trading and its potential for lucrative returns? If so, obtaining a crypto trader certificate can open doors to exciting opportunities and help you stand out in this competitive industry. In this blog post, we’ll guide you through the process of “how to earn crypto trader certificate”, discuss the benefits and types of certifications, and provide insights on top certification programs. Let’s embark on this journey to become a certified crypto trader and unlock new possibilities in the dynamic world of digital assets.
Crypto trader certifications are designed to equip professionals with the knowledge and skills needed to excel in the cryptocurrency trading landscape. They typically focus on trading strategies, market analysis, and risk management techniques, ensuring that certified traders are well-versed in the fundamentals of cryptocurrency and its associated market dynamics.
Certifications not only provide a competitive edge in the job market, but also help individuals make informed decisions when trading cryptocurrencies. Renowned certification programs, such as the Blockchain Council and the Cryptocurrency Certification Consortium, are recognized worldwide and cater to various cryptocurrency transactions and trading activities.
Crypto trader certificates cater to different levels of expertise and focus on specific aspects of cryptocurrency trading. For instance, some certifications may concentrate on blockchain technology, while others may emphasize cryptocurrency trading strategies or risk management.
Moreover, certain programs offer specialized courses tailored to a particular programming language or developer specialization, such as smart contracts or decentralized applications. When selecting a certification program, identifying your goals and desired area of expertise is key to ensuring a comprehensive learning experience that aligns with your objectives.
Earning a crypto trader certificate comes with numerous benefits. Increased credibility and recognition in the cryptocurrency industry are significant advantages, as certified traders demonstrate their expertise and capabilities.
Furthermore, a crypto trader certificate can unlock new career prospects and provide valuable networking opportunities with industry leaders and fellow traders. Obtaining a certificate can be a stepping stone towards a successful career in cryptocurrency trading, especially as the cryptocurrency market continues to evolve, necessitating up-to-date knowledge on the latest trends and best practices.
The journey to becoming a certified crypto trader involves several steps. Firstly, you must select the right certification program based on your goals, experience, and desired area of expertise within cryptocurrency trading. Before making a decision, consideration should be given to the program’s reputation, cost, and the type of certificate it offers.
Next, you must prepare for the certification exam by taking relevant courses, attending workshops, and gaining practical experience in cryptocurrency trading. Finally, you need to successfully pass the certification exam to demonstrate your proficiency in cryptocurrency trading and earn the coveted crypto trader certificate.
When selecting a certification program, it is important to consider factors such as the program’s objectives, your background, and your desired field of expertise in cryptocurrency trading. Some popular certification programs include the Blockchain Council Certified Crypto Trader (BCCT) and the Certified Crypto Trader (C4), which provide comprehensive knowledge of cryptocurrency trading and investing.
Keep in mind that the certification process usually involves a cost, and financial aid may not be available for non-degree programs or individual courses. Therefore, it is essential to weigh the potential benefits of the certification against the costs and choose a program that suits your needs and budget.
Preparing adequately for the certification exam is of utmost importance. This involves reviewing the material covered in your chosen program, practicing with sample questions, and becoming familiar with the exam format.
Additionally, it is beneficial to gain practical experience in cryptocurrency trading, financial trading, stock markets, and managing digital assets by engaging in simulated trading activities provided by some cryptocurrency exchanges or utilizing demo accounts or paper trading platforms.
In the ever-evolving cryptocurrency trading landscape, continuing education and professional development remain pivotal. Enrolling in advanced courses and workshops, attending conferences, and staying updated on industry trends can help you maintain your expertise and stay ahead of the curve.
The format of the Crypto Trader Certification Exam may differ depending on the organization providing the certification. It may include multiple-choice and true/false questions, as well as multiple select questions. The number of questions can range from 30 to 100, and the duration of the exam can range from 20 minutes to several hours. Reviewing the details of the certification exam you are interested in is of prime importance.
To pass the certification exam, you must be adequately prepared and knowledgeable in the topics included in the exam. This involves reading the instructions carefully and answering the questions accurately. Successfully passing the exam demonstrates your proficiency in cryptocurrency trading and earns you the crypto trader certificate.
Several top crypto trader certification programs offer comprehensive and industry-recognized certifications. These programs, such as the Blockchain Council and C4, provide in-depth knowledge of cryptocurrency trading, blockchain technology, and digital currency trends.
Each certification program caters to different aspects of cryptocurrency trading and technology, ensuring that there is a suitable option for everyone, regardless of their experience level or area of interest. In the following sections, we will delve into the details of some of the most popular certification programs.
The Blockchain Council offers the Certified Cryptocurrency TraderTM (CCT) certification, which covers the following topics:
This comprehensive certification program provides a solid foundation for both beginners and experienced traders, helping them gain the necessary skills and knowledge to excel in the cryptocurrency trading landscape. With the CCT certification, traders can showcase their expertise and capabilities, giving them a competitive edge in the industry.
C4, or the Cryptocurrency Certification Consortium, offers various certifications catering to different aspects of cryptocurrency trading and technology. The Certified Bitcoin Professional (CBP) certification evaluates professionals’ understanding of cryptocurrency trading and investing, while the Certified Ethereum Developer (CED) certification assesses professionals’ knowledge of Ethereum development.
These certifications not only provide credibility and recognition in the cryptocurrency industry, but also unlock new career prospects and networking opportunities. Pursuing a C4 certification can be an excellent investment for those looking to advance their career in the rapidly evolving world of cryptocurrencies.
In addition to the Blockchain Council and C4 certification programs, there are other notable certification programs that offer specialized courses and certifications in areas such as blockchain development, security, and compliance, as well as blockchain technologies. Examples include the Cryptocurrency Certification Program from MIT and the Certified Cryptocurrency Trader (CCT) certification by the Blockchain Council.
These programs provide comprehensive education and certifications in various aspects of cryptocurrency trading and technology, ensuring that there is a suitable option for every aspiring crypto trader. No matter your experience level or area of interest, there is a certification program designed to help you succeed in the world of cryptocurrency trading.
As a certified crypto trader, continually improving your trading skills and staying updated on the latest industry trends and best practices is key. This involves taking advanced courses and workshops, as well as engaging in networking and community involvement.
By actively participating in the crypto trading community and staying informed about new developments in the crypto markets, you can refine your trading strategies, identify market opportunities, and ultimately, achieve greater success in your trading endeavors.
Advanced cryptocurrency courses and workshops provide in-depth knowledge and practical skills in specific areas of cryptocurrency trading, such as algorithmic trading and technical analysis. Understanding cryptocurrency fundamentals is crucial for success in this field. For example, Udemy’s Algorithmic Cryptocurrency Trading course consists of 2.5 hours of on-demand video, one article, and 13 downloadable resources, offering a comprehensive learning experience for traders looking to enhance their skills.
Participating in advanced courses and workshops can offer several benefits.
These opportunities in decentralized finance can help you stay ahead in the ever-evolving world of crypto trading.
Staying informed about the latest developments in the cryptocurrency trading industry and sharing knowledge with fellow traders is greatly facilitated by networking and community involvement. Some popular resources for networking and community involvement include:
To effectively utilize networking and community resources, it is essential to be actively engaged. This includes participating in conversations, inquiring about relevant topics, and contributing your expertise. By connecting with industry professionals and staying informed about the latest trends, you can continuously improve your trading performance and achieve greater success in the crypto trading landscape.
To demonstrate your continued professional development and expertise in cryptocurrency trading, maintaining and renewing your crypto trader certificate is vital. This involves meeting recertification requirements, which typically vary depending on the certification program.
Engaging in ongoing professional development, in addition to meeting recertification requirements, is key to staying current in the rapidly evolving cryptocurrency trading landscape. This includes attending conferences and workshops, participating in relevant online forums and communities, and staying updated on industry trends and best practices.
Recertification requirements vary depending on the certification program, but typically involve:
It is essential to refer to the specific certifying organization for detailed requirements to ensure you are fulfilling all the necessary requirements for maintaining and renewing your Crypto Trader Certificate.
Ongoing professional development plays a critical role in staying up-to-date with the latest trends and advancements in the crypto trading domain. This includes:
Additionally, attending conferences and workshops can provide valuable insights into the latest trends and advancements in the crypto trading industry, as well as networking opportunities with other traders and industry professionals. By staying informed and actively participating in the crypto trading community, you can continue to hone your skills and excel in your trading endeavors.
In conclusion, earning a crypto trader certificate can provide you with the knowledge and skills needed to excel in the dynamic world of cryptocurrency trading. By selecting the right certification program, preparing for the exam, and staying updated on industry trends and best practices, you can unlock new career prospects and achieve success in this exciting domain. So, are you ready to embark on the journey to becoming a certified crypto trader and unlock the doors to new opportunities?
To be a successful crypto trader, you need both technical and analytical skills, as well as knowledge of the cryptocurrency industry. You should have good communication skills, be able to develop strategies and be comfortable with risks.
Yes, you need a license to be a crypto trader as crypto businesses and exchanges need one to comply with relevant laws and regulations, establish customer trust, and expand their services.
This license is necessary to ensure that the crypto business is operating legally and ethically, and that customers are protected from any potential fraud or manipulation. It also helps to build trust in the crypto industry, as customers can be sure that the business is legitimate and trustworthy.
Yes, there are certifications for cryptocurrency, such as the Cryptocurrency Certification Consortium (C4) and the Certified Cryptocurrency ExpertTM (CCE).
These certifications provide users with unbiased education and training on cryptocurrencies to help them negotiate the space safely.
Malta is considered the easiest place to get a crypto license, as it has a favorable regulatory environment and was one of the first to adopt regulations for blockchain and cryptocurrencies.
Additionally, it offers several advantages such as tax breaks and easy licensing.
A crypto trader certificate provides enhanced credibility, better job opportunities and a network of industry contacts, making it an attractive prospect for crypto traders.
Kyrrex is happy to announce the next joint project with Vireye. This collaboration aims to redefine the gaming economy by integrating cutting-edge crypto technologies and modern play-to-earn concepts. Kyrrex will facilitate the first withdrawal of tokens within HamstaParty, a casual competitive game designed to elevate the overall experience. The synergy between Kyrrex's secure and efficient crypto platform and Vireye's vision for a dynamic ecosystem creates an unprecedented opportunity for gamers.
Unique Experience for Everyone
HamstaParty is a fun journey into the vibrant Hamsta World. This game offers a diverse range of activities suitable for all ages. Set in a bustling hamster town, players can customize their adorable characters with unique skins, adding a personalized touch to their experience.
Each HamstaParty match is a quick and engaging burst of excitement, lasting under 90 seconds. The game's simplicity and intuitive design, coupled with a fresh approach to prize distribution, ensure that every player has an equal chance to win. Vireye is rapidly expanding the number of mini-games. The current roster includes HamsterRunner and HamstaDodger, with two additional games, Hamsta Jumper and Hamsta Grounds, set for release by early 2024.
Try 'Fun and Earn' with Kyrrex
HamstaParty's mission revolves around the concept of 'Fun and Earn.' Initially, players enjoy a well-spent time, victories in collecting Golden Beans, and unique character customization. Over time, this evolves into a compelling source of earnings. At the core of HamstaParty is its unique currency ecosystem, featuring Beans and Golden Beans:
Developers create an infrastructure that allows players to exchange Golden Beans for partner project tokens. Now is the opportune moment to become an Early Bird and join the game as it gradually builds its audience. Players can play and earn Golden Beans through various in-game activities, turning it into an exciting play-to-earn venture.
Obtaining Golden Beans is possible through daily bonuses, winning duels, competitions, community participation, testing, and completing special tasks. The first withdrawal of Golden Beans to partner tokens is imminent, facilitated by Kyrrex, with the drop costing $5,000, open to all participants. Negotiations are underway to enable the future exchange of Golden Beans for KRRX tokens without restrictions.
Stay tuned for more information about HamstaParty! Follow Kyrrex on social media to get the latest news about its projects! Join Discord.
Crypto trading has always been a privilege for experienced traders with high-risk appetites, however, the times have changed, and new services come into existence that serve both professional traders and provide access to the world of crypto trading for newbies.
Bidsbee, our partner platform for trading crypto, is one of such services, and it has gone live. The Bidsbee founders and investors believe that all the benefits of crypto trading shall be accessible to anybody independently of their knowledge and experience. To make it happen, the platform offers such benefits as:
Along with extensive functionality and easiness of use, Bidsbee offers all willing to learn more about crypto trading an extensive section of educational materials and guides. With it, the team aims to popularize crypto trading and speed up the mass adoption of crypto.
Bidsbee doesn’t store users’ funds, nor does it require them to pass a KYC process. The platform applies the strongest security measures to ensure that all users’ API keys are safe, and funds are secured.
Thus, traders can focus on their trading activities and earning while Bidsbee takes care of the safest environment for doing so.
With Bidsbee, trading stops being an area for selected ones. The platform launches the Copy Trading functionality for those who prefer relying on the expertise of professionals, and those who want to test their strategy or try themselves in trading without losing funds, trading with a virtual balance is available.
The Copy Trading functionality is developed for beginners and those traders who cannot monitor the market constantly but instead, prefer to rely on the expertise of their colleagues.
To start copying the selected trader’s orders, one shall perform the following steps.
Once done, the orders of the selected trader will be copied to the subscriber’s account. It is possible to unsubscribe from a trader at any time, and new orders won’t be copied.
The Copy Trading functionality delivers benefits not only to beginners but also to professional traders. Those can open a Public Trader account and let others subscribe to them thus getting additional income.
Aiming at providing the top opportunities for traders with any experience and knowledge level, Bidsbee offers an ultimate Crypto Trading Terminal created by traders for traders. A comprehensive set of trading instruments, the widest range of order types, and the use of elaborate trading algorithms promise to bring crypto trading to a qualitatively new level.
Leveraging all the opportunities that the crypto market offers is impossible without reliable and consistent signals. Traders can choose and set up the crypto signals as per their needs and receive them directly in Telegram.
Those who prefer to automate their trading activities can explore an extensive set of trading bots. Pick one or several bots, purchase them, set them up, and make them trade for you.
Crypto trading is a highly risky activity. This is why, even though Bidsbee offers all the possible tools to benefit from crypto trading, it doesn’t guarantee you a profit or the absence of losses. The team recommends you to do your own research before placing any order, and use only those funds for trading that you can afford to lose.
Bidsbee aims at making crypto trading accessible to anyone without any limitations and offering top functionality to enable traders to benefit in any market conditions. Future product development is led by this goal. The team is ready to face the challenges and work on adding new functionalities and developing and improving the existing ones to make trading transparent and profitable.