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Why Binance?
Why we chose Binance!
The Binance Smart Chain (BSC) was created to enable the use of solidity-based smart contracts at a significantly faster and more efficient rate than other competing chains. With decentralized exchanges on BSC providing lightning-fast transactions and ultralow costs, BSC has established itself as one of the world’s leading blockchains for Decentralized Finance (DeFi).
BSC uses BEP-20 token technology, a proprietary blockchain that ensures the security and privacy of all users and developers. Its inherent dual-chain interoperability enables cross-chain communication and scalability of high-performance, decentralized applications (dApps), leading to a quick and fluid user experience.
It is EVM compatible and will support all current Ethereum tools with faster and more affordable transactions. Based on the Proof of Stake consensus, its on-chain governance allows decentralization and substantial community participation via the 21 validators that verify transactions.
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