The content on this site is for informational purposes only and does not constitute financial advice. Always do your own research (DYOR) before making any investment or trading decisions.
Understanding Binance Zones
Solana tokens
Solana-based tokens are cryptocurrencies created on the Solana network. Some projects also work to connect these tokens with other blockchain systems, allowing them to be used across different platforms.
Launchpad tokens
Binance Launchpad is a platform where new cryptocurrency projects raise funds through an Initial Exchange Offering (IEO). This allows users to invest in these projects early by purchasing their tokens directly through Binance.
NFT tokens
Crypto tokens in the Collectibles & NFT category are used for buying, selling, and trading unique digital items. NFTs (Non-Fungible Tokens) act as digital certificates that prove ownership of things like artwork, music, videos, or even real-world assets.
Gaming tokens
Gaming crypto tokens are digital assets used in blockchain-based games to enhance gameplay, trade virtual items, and earn rewards.
These tokens power play-to-earn (P2E) models, allowing players to earn cryptocurrency by participating in games. Some are used for NFT trading, enabling ownership of in-game assets like characters, weapons, and land. Others serve as governance tokens, letting players vote on game updates and decisions.
Liquid Staking tokens
Liquid staking lets users earn rewards by staking their crypto, without locking it up. Instead of keeping your tokens stuck in one place, liquid staking gives you special tokens (called derivatives) that represent your staked assets. You can trade or use these new tokens while still earning rewards from staking.
It’s kind of like earning interest on money in a savings account, while still being able to spend it using a debit card.
Polkadot tokens
Polkadot ecosystem tokens are cryptocurrencies that operate within the Polkadot network, a blockchain system designed to connect multiple blockchains into a single, interoperable network.
Storage tokens
Storage tokens are cryptocurrencies used in blockchain-powered cloud storage systems. Instead of relying on big companies to store files, these projects offer a decentralized way to save and share data securely.
Metaverse tokens
Metaverse tokens are cryptocurrencies used in virtual worlds where people can interact, work, shop, and play in 3D spaces. These tokens help users buy digital items, trade virtual land, and access experiences inside the Metaverse.
Monitoring tokens
Monitoring Tag tokens are cryptocurrencies that experience greater price swings and risks compared to others. These tokens are closely watched and regularly reviewed. If they no longer meet the platform’s requirements, they might be removed. The list is updated monthly for new additions and quarterly for removals. Always do your own research (DYOR) before investing.
Fan tokens
Fan tokens are special cryptocurrencies created by clubs, teams, or brands. Owners of these tokens can enjoy exclusive perks, such as voting on certain team decisions and unlocking special rewards.
Megadrop tokens
Binance Megadrop is a platform that helps users receive new cryptocurrency tokens before they are officially listed on Binance. It connects with Binance Simple Earn and the Binance Web3 Wallet to improve the airdrop experience, giving early access to select Web3 projects.