What’s the 2nd Largest Stabelecoin: BUSD Token

Meet one of the fast-growing altcoins for storing U.S. dollar value. Also, get instructions on how to trade Binance USD (BUSD) on Tokpie.

Most people who deal with crypto prefer to use USDT for storing and transferring U.S. dollars value. Why? Because Tether is the oldest and most popular stable coin. However, its competitors like USDC, DAI, and others don’t sleep trying to get revenue in such a profitable market. Today, you will find out the main features of the second-largest stablecoin – the BUSD token. Moreover, some of you will be surprised to learn that Binance is not an issuer of Binance USD (BUSD). Also, you will get a guide on how to trade BUSD tokens on the Tokpie exchange.

Update: Due to Paxos discontinuing the minting of new BUSD, the trading of BUSD will not be available starting from on November 29, 2023.

We advise our users to withdraw their BUSD before December 15, 2023. Starting December 16, 2023, at 03:00 (UTC), Tokpie will disable BUSD withdrawals.

What’s the BUSD Utility value?

The utility value of Binance USD includes three advantages. 

The first one is the ability to purchase BUSD with fiat U.S. dollars and redeem at no charge. But of course, a person who wants to make such a conversion pays bank wire transfer fees. Fortunately, Binance and Paxos (the primary converters) don’t charge any commission. 

The second advantage is the ability to transfer USD fast from all over the world. Moreover, thanks to the BUSD running on BEP20, such transfers are low-cost. For example, you can send 1M in seconds and pay just a $0.1 gas fee on the Binance Smart Chain. 

Finally, thanks to the support from Binance Exchange, BUSD holders can earn interest with lending. Furthermore, the annual percentage rate (APR) from BUSD lending usually will be higher than APR from USDT, USDC, or DAI.

Who’s the issuer of BUSD?

The Paxos Trust Company is the issuer and custodian of BUSD (Binance USD). Are you surprised? So, this company assures that each BUSD corresponds to 1 U.S. dollar in the bank account. Therefore, users can always purchase and redeem their assets anytime with 1:1 pegged U.S. dollars. Moreover, the New York State Department of Financial Services (NYDFS) approved this 1:1 USD-backed stablecoin, issued by Paxos in partnership with Binance. 

What’s the BUSD token?

BUSD is a stable coin from the largest and most trusted companies in the crypto space – the Paxos and Binance. Besides, the New York State Department of Financial Services regulates it and ensures consumer protection. This coin is 100% backed by U.S. dollars held in FDIC-insured U.S. banks. So, the top auditing firm will attest to the matching supply of BUSD tokens and underlying U.S. dollars every month. Also, the token is running on many chains. But on Tokpie, users can use the two most popular to deposit and withdraw BUSD on Ethereum blockchain (ERC20) and Binance Smart Chain (BEP20). By the way, look at the images below to see that Binance USD is the second largest coin on the Ethereum chain by volume. Simultaneously, it’s a TOP4 coin on BSC by volume due to BSCscan

Binance USD (BUSD) on BSCscan
$BUSD on BSCscan
Binance USD (BUSD) on Etherscan
$BUSD on Etherscan

How to buy BUSD token?

To purchase BUSD tokens for USDT and USDC do three simple steps:

  1. Fund your account with USDT or USDC. If you don’t have crypto, you can purchase USDT with a bank card for local fiat currency in few minutes.
  2. Open the BUSD/USDT or BUSD/USDC order book and place your trade order to buy. Use this instruction if you don’t know how to place a trade order.
  3. Withdraw BUSD tokens to your personal BEP20 or ERC20 wallet or hold them on the account.

How to buy BUSD with Bank Card or Apple Pay?

buy $BUSD with bank card
Obtain $BUSD with Visa, MasterCard, or Apple Pay

Use your bank card or Apple Pay to obtain Binance USD coins directly in minutes. Open the bank card processing page, enter the amount of BUSD and your wallet address. Then click the Continue button. That’s it, very simple.

How to sell BUSD tokens?

To sell BUSD tokens for USDT or USDC do three simple steps:

  1. Deposit BUSD tokens into your account.
  2. Open the BUSD/USDT or BUSD/USDC order book, and place your trade order to sell. Read the instruction if you don’t know how to place a trade order.
  3. Withdraw USDT or USDC to your personal wallet (ERC20 or BEP20) or hold them on the account.

How to deposit BUSD tokens?

To deposit BUSD tokens into your Tokpie account, follow this guide. Also, make sure that you are going to deposit BEP20 or ERC20 tokens that relate to these BSC or Ethereum smart contract addresses. If you deposit the wrong tokens or the wrong blockchain type, Tokpie could not identify your transfer.

Note: Tokpie doesn’t charge any fees for depositing.

How to withdraw BUSD token?

To withdraw BUSD tokens from your Tokpie account, use this instruction. Besides, you must have a BEP20 or ERC20 compatible wallet address to be able to withdraw tokens. Also, check the withdrawal commission.

Disclaimer

In addition, please be aware that Tokpie charges a fee for the listing. Tokpie does not give any investment, legal, tax, financial advice, or warranty of token price performance.

Useful links to trade BUSD

Discover Binance Coin Features: BNB Token

Learn why $BNB is so popular. Also, get detailed instruction on how to trade Binance coin on Tokpie and purchase BNB with bank card.

Like the Google is a giant in the Internet world, the Binance exchange is a colossus on the cryptocurrency market. They are similar to each other in terms of market dominance. Also, these companies have the same expansion strategy. Like Google purchases small startups, Binance buys small crypto-related projects. For example, Binancians bought CoinMarketCap (CMC) – the biggest coin tracker, for around $400M in 2020. So, considering all the advantages of Binance exchange, its native Chain (BSC), the Tokpie team has decided to list BNB token. In the following article, you will find the BNB’s benefits. Also, you will get a guide on how to trade BNB tokens on the Tokpie exchange.

Rebranding

Starting from 15 February 2022, BNB’s new name is Build and Build. So, instead of Binance Coin (BNB), it’s now BNB (BNB). Binance’s CEO made such a rebranding because BNB’s ecosystem grows fast. As a result, this cryptocurrency moves to the MetaFi concept, combining GameFi, SocalFi, Web 2.0-3.0, and NFT technologies.

What’s the Binance exchange?

The Binance is the top exchange due to CoinMarketCap. Why is it on the Top? Because Changpeng “CZ” Zhao’s (CEO) platform has the highest trade volume and the most significant number of trading pairs and listed assets. Moreover, Coinbase and Kraken (2nd and 3rd rank) have five times lower liquidity and available coins for trading. So, it is no surprise that Binance’s BNB token is in strong demand among the crypto community. However, the token has many other use cases, which we explain below.

Binance platform is on top
Binance exchange on CMC

BNB utility value

Among many popular coins, the BNB has one of the most robust sets of utility values. First, it allows to save up to 25% on trading fees in different exchange sections. These sections are Spot, Margin, and Futures trading. Moreover, by holding BNB coins on a Binance account a user can get the following advantages:

  • Get qualified for the VIP Program
  • Lend via new token farming on Binance Launchpool
  • Send and receive crypto payments with Binance-Pay
  • Earn a flexible percentage yield by depositing BNB on select Binance Smart Chain projects
  • Earn up to 40% commission by joining the Referral Program
  • Obtain exclusive tokens listed on Binance Launchpad
  • Receive crypto loans using Binance Loan
  • Stake BNB to earn rewards inside the BNB Vault
  • Spend BNB at more than 60 million merchants worldwide with a Binance Visa Card
Quarterly burning of BNB
Quarterly burning of Binance coins

What’s the BNB token?

BNB is the Binance exchange’s token, which runs on different chains and has many thousands of holders. Starting in 2020, this coin became like ETH because users spend BNB on gas payments on the Binance Smart Chain. Besides its enormous utility value, the coin has a burning schedule.

  • Token Name: Binance Coin
  • Symbol: BNB
  • Website
  • Token total supply: 200,000,000

Burning

So, BNB employs a dual-burning mechanism to regulate its supply and support value appreciation. First, the Real-Time Burn, introduced through BEP95, burns a portion of gas fees in each block, with the ratio determined by BSC validators. In the last seven days, 429.27 BNB ($243,224.38) were burned, contributing to 238,870.68 BNB ($135,344,127.29) permanently removed from circulation. Secondly, the Quarterly Auto-Burn adjusts based on the price of BNB and the number of blocks produced during a quarter. For instance, in Q2 2024, 1,642,782.35 BNB were burned, totaling $970.85 million at an average price of $590.98 per BNB. For example, the next burn-in Q3 2024 is projected to be 1,697,531.17 BNB, valued at approximately $916.10 million, with an average BNB price of $539.67.

BNB circulating supply chart showing 56 million BNB burned and 145.9 million BNB circulating.
BNB circulating supply: 145.9 million, with 56 million BNB burned to date from a total supply of 202 million.

How to buy BNB tokens?

Purchase BNB tokens for ETH, USDT, or WBTC in three simple steps:

  1. Fund your account with ETH, USDT, or WBTC. If you don’t have crypto, you can purchase BNB with a bank card in few minutes.
  2. Open BNB/ETH, BNB/USDT, or BNB/WBTC order book, and place your trade order to buy. Use this instruction if you don’t know how to place a trade order.
  3. Withdraw BNB tokens to your personal BEP20 wallet or hold them on the account.

How to buy BNB with Bank Card or Apple Pay?

buy $BNB with bank card
Obtain $BNB with Visa, MasterCard, or Apple Pay

Use your bank card or Apple Pay to obtain Binance coins directly in minutes. Open the bank card processing page, enter the amount of BNB and your wallet address. Then click the Continue button. That’s it.

How to sell BNB tokens?

To sell BNB tokens for ETH, USDT, or WBTC, follow three steps:

  1. Deposit BNB tokens on your account.
  2. Open BNB/ETH, BNB/USDT, or BNB/WBTC order book, and place your trade order to sell. Read the instruction if you don’t know how to place a trade order.
  3. Withdraw ETH, USDT, or WBTC to your personal wallet or hold them on the account.

How to deposit BNB tokens?

To deposit BNB tokens into your Tokpie account, follow this guide. Also, make sure that you are going to deposit via BEP20 chain. If you deposit the wrong tokens or the wrong blockchain type, Tokpie could not identify your transfer.

Note: Tokpie doesn’t charge any fees for depositing.

How to withdraw BNB token?

To withdraw BNB tokens from your Tokpie account, use this instruction. Besides, you must have a BEP20 compatible wallet address to be able to withdraw tokens. Also, check the withdrawal commission.

Disclaimer

Also, please be aware that Tokpie charges a fee for the listing. Tokpie does not give any investment, legal, tax, financial advice, or warranty of token price performance.

Useful links to trade BNB

For any questions about trading bounty stakes, contact Tokpie at https://t.me/tokpie.

What’s the Monkey King: MNK Token

Learn everything available about the Monkey King. Also, learn how to trade $MNK on Tokpie.

The new project Monkey King and its MNK token are coming to the crypto market. However, the website of this startup is not yet ready. So, we can share only token details at that moment. Also, you can already find a guide below on how to trade MNK tokens on the Tokpie exchange.

What’s the Monkey King?

The Monkey King is a crypto project. But the team has not yet launched a web. Therefore, there are no details about that company.

What’s the MNK token?

MNK is the BEP20 (BSC) token with a hidden utility value. More information will be available after the developers release the token’s webpage.

How to buy MNK token?

To purchase MNK tokens for USDT do three simple steps:

  1. Fund your account with USDT. If you don’t have crypto, you can purchase USDT with a bank card in few minutes.
  2. Open the MNK/USDT order book and place your trade order to buy. Use this instruction if you don’t know how to place a trade order.
  3. Withdraw MNK tokens to your personal BEP20 wallet or hold them on the account.

How to sell MNK tokens?

To sell MNK tokens for USDT do three simple steps:

  1. Deposit MNK tokens into your account.
  2. Open the MNK/USDT order book, and place your trade order to sell. Read the instruction if you don’t know how to place a trade order.
  3. Withdraw USDT to your personal wallet (ERC20 / BEP20) or hold them on the account.

How to deposit MNK token?

To deposit MNK tokens into your Tokpie account, follow this guide. Also, make sure that you are going to deposit BEP20 tokens that relate to this smart contract address. If you deposit the wrong tokens or the wrong blockchain type, Tokpie could not identify your transfer.

Note: Tokpie doesn’t charge any fees for depositing.

How to withdraw MNK token?

To withdraw MNK tokens from your Tokpie account, use this instruction. Besides, you must have BEP20 compatible wallet address to be able to withdraw tokens. Also, check the withdrawal commission.

Disclaimer

Also, please be aware that Tokpie charges a fee for the listing. Tokpie does not give any investment, legal, tax, financial advice, or warranty of token price performance.

Useful links to trade MNK

For any questions about trading bounty stakes, contact Tokpie at https://t.me/tokpie.

What is Crypto Bounty

Bounty Campaign in the crypto world.

Bounty campaign is limited in time public offer that contains rules, reward conditions, and bounty tasks aiming to promote a specified crypto project.

Any person can join a bounty campaign to become a bounty hunter and perform bounty tasks for a reward.

Bounty reward

The reward is usually nominated in a project’s tokens or coins. Every project states its bounty pool size that will be allocated to all participants after the end of a bounty campaign. The size of the individual reward depends on the number of stakes, which a bounty hunter earns during the campaign by performing bounty tasks.

Bounty rules

Every bounty campaign has its own rules describing in details what tasks should be done by participants, how to report and how much bounty stakes will be given.

Bounty tasks

The aim of bounty tasks is to promote a specified crypto project on different media channels. For example, one of the simplest task may require a participant to like and share a project’s post through his/her personal Facebook account.

USEFUL LINKS



The Ultimate Guide to a Successful Bounty Campaign

Know how to craft, post and manage an effective bounty campaign to increase crypto project awareness.

The moment you decide to launch a token sale campaign (ICO, STO, IEO, etc) you need to start thinking about a bounty campaign. But, why bounty is so important? How to create an effective bounty campaign? How to run and finish bounty? How to decrease a token price dump caused by bounty participants? All these questions and more will be answered in the series of posts, containing the best tips and practices for conducting a successful bounty campaign.

What is a Bounty Campaign

The purpose of a bounty campaign
Types of bounty campaigns
Bounty campaigns statistics

How to Organize a Bounty Campaign

How many tokens to allocate on Bounty
Tips for decreasing a token price dump
Multiple rounds vs single bounty session
What bounty programs to include
Bounty platforms vs hand-run bounties
Own vs hired bounty manager

How to craft an effective Bounty Campaign

How to create Bounty title
What include in Bounty heading
General Bounty terms & conditions
Bounty programs’ tasks, rules, and rewards
What images to include in Bounty
Bounty forms and spreadsheets

Best Tips for a Bounty Publishing

Where to publish a Bounty
Best time for Bounty publishing
How to Run & Manage Bounty Campaign
How to check bounty hunters work
How to spot cheaters, scammers, and multi-accounts
Why the number of participants is not growing
Best Tips for bounty participants increasing

How to Finish a Bounty Campaign

Bounty campaign closing and calculating the results
Tokens distribution to bounty hunters
How to avoid scam accusation and why it’s important
How to use a bounty community power

USEFUL LINKS

Want to grow with Tokpie? Stay always in touch!

TerraGreen (TGN) Coin Listed on Tokpie

Tokpie exchange has listed TerraGreen (TGN) coin!

TGN coin is now listed and tradeable on the following market:

TGN/ETH

Useful Links

Stay always in touch with TOKPIE to Earn, Trade and Invest as never before.

What is Terra Green (TGN) coin

Discover all important information about Terra Green blockchain and its TGN coin.

What is TGN coin

The TGN is a coin built on the TerraGreen blockchain with the SHA-384 algorithm and applied to the TerraGreen ecosystem. A TerraGreen ecosystem is a place where renewable energies are tokenized and can be used by the community in exchange for fiat currency or payment for energy consumed.

Total distribution is strictly limited to 270,000,000 coins

UPDATE: The project’s website is not working.

What is TGN value

The growth of the coin value depends on the TerraGreen ecosystem development stage and the number of green energy projects it supports

  • Stage 1. TerraGreen is going to introduce Energy Token Creation Module. Any renewable energy producer will be able to create own energy token for a fee nominated in TGN cryptocurrency.
  • Stage 1. Every transaction of every energy token issued on TerraGreen blockchain will cost some coins exchange fee.
  • Stage 3. A new level of demand will be created by investors and green energy buyers, which could obtain Joile by buying tokens issued on TerraGreen blockchain and connected to the coin.
  • Stage 4. Mass adoption. Moreover, node holders could earn coins.
TGN coin value
Growth of TGN coin’s internal value

Terra Green Blockchain

The main purpose of Terra Green native blockchain is to issue new altcoins for third-party projects dedicated to green energy. It works just in the same way as the Ethereum blockchain. Everyone can check a wallet balance or status of transactions in native Block Explorer.

Terra Green wallet

The TGN Web Wallet allows you to create a personal desktop wallet without any downloads! However, to be able to send out coins from that wallet you will have to pass a KYC.

How to trade TGN

The good news is that you can buy and sell coins without having a personal wallet. Simply create an account on Tokpie exchange and trade coins in TGN/ETH order book.

TGN price

To know the current coin price you can use the following cryptocurrency trackers:

Stay always in touch with TOKPIE to Earn, Trade, and Invest as never before.