Custom Software Development

Tailored solutions for your unique business needs.

Software Consulting

Expert guidance to optimize your software strategies.

Software Development Outsourcing

Extend your team with top-notch external resources.

Software Product Development

Transforming ideas into market-ready software products.

Cloud Application Development

Scalable and flexible cloud-based software solutions.

SaaS Application Development

Building cutting-edge Software-as-a-Service applications.

Full Stack Development

Providing end-to-end solutions for your digital needs.

Progressive Web Apps Development

Web apps that offer seamless experiences across devices.

Enterprise Web Solutions

Innovative web solutions for enterprises.

Custom Website Application

Tailored web apps for your needs.

B2C website Development

Engaging websites for consumer success.

B2B Website Development

Empowering businesses with effective websites.

Ecommerce Solutions

Shopify

Bigcommerce

AI App Development

Intelligent apps revolutionizing user experience.

Unlocking the Power of Artificial Intelligence

At Hashlogics, we offer cutting-edge AI app development services that harness the power of artificial intelligence to create intelligent and innovative mobile and web applications. Our team of experienced AI developers and data scientists specializes in leveraging advanced AI technologies to build smart, intuitive, and personalized applications that deliver transformative experiences for users. Whether you need an AI-powered chatbot, recommendation engine, image recognition system, or natural language processing solution, we have the expertise to bring your vision to life.

iOS App Development

Crafting exceptional apps for iOS.

Android App Development

Innovative apps for Android platform.

Cross-platform app development

One codebase, multiple platform reach.

Hybrid app development

Efficient apps with hybrid technology.

Native app development

Optimized apps for native performance.

app support and maintainance

Ensuring app performance and longevity.

Transforming Ideas into Powerful Mobile Experiences

At Hashlogics, we specialize in mobile app development, creating intuitive, engaging, and high-performance mobile applications for iOS and Android platforms. Our dedicated team of mobile app developers, designers, and testers work closely with you to turn your vision into a reality. Whether you need a native app, cross-platform app, or a hybrid app,

Bubble.io Development

Creating dynamic web apps with Bubble.io

Empowering You to Build Apps Without Coding

At Hashlogics, we understand the need for businesses and individuals to rapidly develop and deploy applications without the complexity of traditional coding. Our no-code development services enable you to create powerful and fully functional applications using intuitive visual interfaces, drag-and-drop builders, and pre-built components. Whether you are a startup, small business, or enterprise, our no-code development solutions provide a faster and more efficient way to bring your ideas to life.

Wireframe & Interactive Prototyping

Visualizing ideas through interactive design frameworks.

Website Redesign

Revitalizing websites with modern design approaches.

Mobile App Redesign

Elevating mobile apps with enhanced design.

Responsive Design

Optimizing experiences across devices with responsiveness.

Mobile App Design

Crafting intuitive experiences for mobile users.

Crafting Engaging and User-Centric Digital Experiences

At Hashlogics, we specialize in UI/UX development, creating visually stunning and user-friendly digital experiences that captivate and engage your target audience.

Salesforce

Driving sales growth with powerful CRM.

Microsoft Dynamics

Streamlining operations with Microsoft Dynamics CRM.

Hubspot

Empowering businesses with comprehensive CRM solutions.

Zoho

Efficient customer management with Zoho CRM.

Streamlining Your Customer Relationships for Business Success

At Hashlogics, we offer comprehensive CRM (Customer Relationship Management) services to empower businesses with efficient and effective customer management solutions. Our CRM services are designed to help you better understand, engage, and nurture your customer relationships, resulting in improved customer satisfaction, increased sales, and enhanced business performance. Whether you need CRM software customization, implementation, or ongoing support, we have the expertise to meet your specific CRM needs.

Hire PHP Developer

Expert PHP developers for robust solutions.

Hire Python Developer

Skilled Python developers for versatile applications.

Hire Java Developer

Experienced Java developers for scalable solutions.

Hire Node js Developer

Node.js experts for high-performance applications.

Hire Dot Net Developer

.NET specialists for reliable software development.

Hire ROR Developer

Ruby on Rails experts for efficient web development.

Hire React Native Developer

Proficient React Native developers for cross-platform apps.

Hire Mern Stack Developer

MERN stack experts for full-stack development.

Hire Android Developer

Skilled Android developers for mobile apps.

Building Your Dream Team

At Hashlogics, we understand the importance of having a skilled and dedicated development team to bring your projects to life.

Health

Healthcare through innovative technology solutions.

Education

Enabling learning with advanced digital solutions.

Energy & Utility

Driving efficiency in energy and utilities.

Real Estate

Empowering real estate with digital innovations.

Media & Entertainment

Creating immersive experiences through innovative media.

SAAS Development

Building scalable solutions for modern businesses.

Our industry service solutions are designed to empower businesses, organizations

At Hashlogics, we offer industry-specific services tailored to meet the unique needs and challenges of various sectors. Our industry service solutions are designed to empower businesses, organizations, and individuals within specific industries to leverage technology and digital innovation to drive growth, streamline operations, and deliver exceptional experiences.

Measuring The Cost to Deploy a Token on Binance Smart Chain Exchanges

August 24, 2022

Content

Measuring The Cost to Deploy a Token on Binance Smart Chain Exchanges

It is difficult to keep up with the constant new developments and launches in the blockchain industry, as blockchain technology keeps introducing new developments. The blockchain ecosystem has been introducing various new types of cryptocurrencies and tokens daily. Blockchain has major two types of platforms to develop tokens and coins for cryptocurrencies. These platforms are Ethereum and Binance smart chain exchanges.

In this write-up, we’ll share authentic knowledge about Binance smart chain exchanges. So let us get started!

Binance Chain

Binance is a well-known platform for token development. It got huge acceptance in a short ‌time. With the increasing popularity of the Binance token, ERC-20, in 2019, it got the title of Binance coin BNP.

It is a network based on the blockchain to run smart contract applications. Binance launched its public blockchain named the Binance chain. Thus, the Binance chain is an exchange platform to exchange cryptocurrencies.

The Binance Chain is a decentralized exchange platform for exchanging crypto assets. Moreover, it allows users to develop decentralized applications on top of the chain. It charges a low transaction fee with a transparent and decentralized blockchain. Using Binance Chain, you can store your crypto funds securely and create trading pairs with other cryptocurrencies.

Binance Smart Chain

After introducing the Binance blockchain and coin, the journey did not stop there. It kept going on and Binance launched another blockchain in September 2020. As Binance does not support Ethereum, the developers develop the Binance smart chain exchanges with the Ethereum virtual mechanism (EVM). It introduces its mechanism to facilitate the development of coins and the trading of digital assets in the form of the Binance Smart Chain.

Difference between Binance smart chain and the Binance chain

BSC works as the parallel blockchain to the Binance Chain. BSC is an Ethereum Virtual Machine (EVM) compatible BSc smart contract platform, unlike the Binance Chain. Even if the Binance Chain went offline, this blockchain would continue to function.

If we talk about the consensus mechanism, they both use Binance Chain uses delegated proof of stake (DPoS), whereas Binance Smart Chain uses proof of stacked authority (PoSA).

The working parameters of both chains are parallel. They designed their functions to perform together. Decentralized exchange, smart contracts, decentralized applications, and lower transaction costs are all provided by them.

What can you do with Binance Chain?

    •  Send and Receive BNB (Binance Coin)
    •  Issue New Tokens to Digitalize Assets
    • Use Binance Chain as the Underlying Exchange Network for your Assets
    • Send, Receive, Burn/mint, and Freeze/unfreeze Tokens
    • Create Trading Pairs with Different Tokens 

What can you do with the Binance Smart Chain development?

    •  Send and Receive BNB and Other BEP2 Tokens
    • Investigate Transaction History and Blocks via API
    •  Stake BNB and Earn Block Rewards
    •  Issue new Tokens to Digitalize Assets
    • Become a Validator for BSC

Token Standards of Binance Smart Chain

Binance Smart Chain development is the dedicated blockchain designed to operate smart contracts. The BSC and BC work in collaboration on the first blockchain of the Binance crypto exchange.

Ethereum has a set of standards for developing tokens and coins. Similarly, Binance also offers Standards to launch coins or tokens. The most widely used token Standards are BEP-20 and BEP-721.

– BEP20 Token Standard

BEP20 is a token standard of the Binance Chain, considered the extended version of ERC20. It identifies some basic rules to develop and launch tokens on BSC. It also offers the creation of utility tokens, stablecoins, and Peggy coins.

– BEP721 Token Standard

BEP 721 is a token standard of the Binance Smart chain, which offers the creation of NFTs. We also know it as the extended version of the ERC721 token standard, the most widely used token standard.

How Do Measure the Cost of BSC Token Development?

The cost is the ‌foremost thing that comes into your mind when you think of token development. This is the most critical phase of project development. Here, we have a few factors that can help you determine the cost of creating a BSC token.

    •  What Type of business and use cases you are following?
    •  What token features are important to add to operate?
    • The outer look or token’s appearance
    •  How many coins are required for development?
    •  The complexity of the project
    •  The number of people in the token development team
    •  The geographical location of the token development company
    •  Testing of coins
    •  Distribution of tokens
    •  Post-development support by a development company

Final Thoughts

Launching your cryptocurrency could be an exciting venture to get into the profit generation stream. For a reasonable launch of the cryptocurrency, ‌explore different platforms based on your budget and interests. Binance smart chain is the best option to choose from with more effective perks.

If you have an idea to launch your token on Binance smart chain, contact Hashlogics.  We have a proven record of developing Binance smart chain exchanges and tokens for cryptocurrencies. Therefore, start turning your dream currency into reality with Hashlogics right away.

Follow Us On :

Want to work with us?

Latest Articles

Here are some of our latest articles

Ready To Get Started?​