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Author Topic: Binance Smart Chain platform  (Read 9708 times)

Offline Papusha20

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Re: Binance Smart Chain platform
« Reply #90 on: January 24, 2024, 07:24:18 AM »
Binance smart chain I have used a lot. BEP-20 wallet is the one I have used the most since getting into cryptocurrencies. I think this wallet has the most savings. But gas fee is very high in smart chain I think it would be best to bring it to ETH. Because ETHA gas fee is lower than BNB. But for investment it is going to be good in future.

All coins are currently registered on the Binance Smart Chain platform. Transactions on Binance Bep-20 platform are most convenient and complete in less time. The cost of gas fee is very low due to which investors are more attracted towards these projects.

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Re: Binance Smart Chain platform
« Reply #90 on: January 24, 2024, 07:24:18 AM »

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Offline EthereumDev_

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Re: Binance Smart Chain platform
« Reply #91 on: February 08, 2024, 06:00:13 AM »
Binance smart chain I have used a lot. BEP-20 wallet is the one I have used the most since getting into cryptocurrencies. I think this wallet has the most savings. But gas fee is very high in smart chain I think it would be best to bring it to ETH. Because ETHA gas fee is lower than BNB. But for investment it is going to be good in future.

All coins are currently registered on the Binance Smart Chain platform. Transactions on Binance Bep-20 platform are most convenient and complete in less time. The cost of gas fee is very low due to which investors are more attracted towards these projects.
As you know, many altcoin projects that have just emerged are targeting their first market, namely the Binance exchange, because so far, if you look at the condition of the Binance exchange, which has a very large number of users, this means that trading volume will increase drastically from the Binance exchange. However, there are also those who start earlier on other exchanges because listing altcoins on the Binance exchange requires expensive fees.

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Re: Binance Smart Chain platform
« Reply #92 on: February 10, 2024, 04:26:09 AM »
The currently Binance Smart Chain platform is the best platform need in Cripto currency. Binance Smart Chain Platform All projectors that are being projected use BEP20 addresses.  And there are currently huge savings in using this wallet.
Currently, most of the projects are being launched using the Binance Smart Chain platform. Most of the times we see Bep20 wallets being taken up in projects only to transact from the Binance platform. Basically this wallet address is used to facilitate users to send coins or tokens to the address. Although such BSC platform projects are more scams but we know ERC platform projects are more successful but here people don't scam and can't bring projectors because of high transaction fees. However, trading any coin from BSC wallet address is very convenient and does not require high transaction fees.

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Re: Binance Smart Chain platform
« Reply #93 on: February 11, 2024, 10:10:00 AM »
Indeed, the Binance Smart Chain (BSC) platform has become a crucial tool for cryptocurrency. In my opinion, after the Ethereum network, BSC has thrived exceptionally well. Many projects utilize this blockchain, allowing for reduced fees and faster transaction processing compared to other platforms like Ethereum. I also frequently use this network, and the main advantage is indeed the lower fees and high network bandwidth.
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Re: Binance Smart Chain platform
« Reply #94 on: February 13, 2024, 11:25:17 PM »
Binance smart chain I have used a lot. BEP-20 wallet is the one I have used the most since getting into cryptocurrencies. I think this wallet has the most savings. But gas fee is very high in smart chain I think it would be best to bring it to ETH. Because ETHA gas fee is lower than BNB. But for investment it is going to be good in future.

All coins are currently registered on the Binance Smart Chain platform. Transactions on Binance Bep-20 platform are most convenient and complete in less time. The cost of gas fee is very low due to which investors are more attracted towards these projects.
Yes, currently BSC is increasingly developed and accepted. This BSC platform has also been widely used by various new projects. Not only that, currently, most exchanges and platforms also provide a BSC network for sending or transferring. Because this really provides convenience, very cheap fees, and also good speed. So there's no doubt about it. However, we have to be wary of various new tokens on BSC because just like on ERC20, there are still many scammers on this network.

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Re: Binance Smart Chain platform
« Reply #95 on: February 14, 2024, 05:51:37 AM »
Indeed, the Binance Smart Chain (BSC) platform has become a crucial tool for cryptocurrency. In my opinion, after the Ethereum network, BSC has thrived exceptionally well. Many projects utilize this blockchain, allowing for reduced fees and faster transaction processing compared to other platforms like Ethereum. I also frequently use this network, and the main advantage is indeed the lower fees and high network bandwidth.
I also like the Binance Smart Chain Platform and have sent and received new coins several times. When I register on another exchange, I always check whether it supports the Bep20 network or not because I prefer networks that have cheap coin transfers.
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Re: Binance Smart Chain platform
« Reply #96 on: February 14, 2024, 03:12:54 PM »
Binance smart chain I have used a lot. BEP-20 wallet is the one I have used the most since getting into cryptocurrencies. I think this wallet has the most savings. But gas fee is very high in smart chain I think it would be best to bring it to ETH. Because ETHA gas fee is lower than BNB. But for investment it is going to be good in future.

All coins are currently registered on the Binance Smart Chain platform. Transactions on Binance Bep-20 platform are most convenient and complete in less time. The cost of gas fee is very low due to which investors are more attracted towards these projects.

I think it's not just investors who like BSC, small-scale crypto traders (hunters and airdrop participants) are really helped, who previously used the ERC20 network and were hampered by very high shipping fees, where the proceeds from bounties and airdrops were spent on gas fees alone.

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Re: Binance Smart Chain platform
« Reply #96 on: February 14, 2024, 03:12:54 PM »


Offline JISAN

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Re: Binance Smart Chain platform
« Reply #97 on: February 14, 2024, 04:09:31 PM »
Binance smart chain I have used a lot. BEP-20 wallet is the one I have used the most since getting into cryptocurrencies. I think this wallet has the most savings. But gas fee is very high in smart chain I think it would be best to bring it to ETH. Because ETHA gas fee is lower than BNB. But for investment it is going to be good in future.

All coins are currently registered on the Binance Smart Chain platform. Transactions on Binance Bep-20 platform are most convenient and complete in less time. The cost of gas fee is very low due to which investors are more attracted towards these projects.
Since the ethereum platform's gas fees skyrocketed, projects started moving onto the bsc chain. and on the other hand, since Binance is a very popular exchange platform, everyone started to trust the bsc chain very quickly. and thus bsc platform is very popular now. Its transactions are done very quickly which is a positive point of this platform. and it is hoped that the bsc platform will be able to maintain there reputation

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Re: Binance Smart Chain platform
« Reply #98 on: February 16, 2024, 03:31:46 PM »
I think it's not just investors who like BSC, small-scale crypto traders (hunters and airdrop participants) are really helped, who previously used the ERC20 network and were hampered by very high shipping fees, where the proceeds from bounties and airdrops were spent on gas fees alone.
I hope the Binance Smart Chain Platform keeps coin transfer fees low as it will keep people using the Binance Smart Chain Platform. Incidentally, I follow a lot of bounties whose projects use bep-20, even though the coin price is not expensive, I don't have any burden when selling it.
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Re: Binance Smart Chain platform
« Reply #99 on: February 16, 2024, 09:05:40 PM »

Since the ethereum platform's gas fees skyrocketed, projects started moving onto the bsc chain. and on the other hand, since Binance is a very popular exchange platform, everyone started to trust the bsc chain very quickly. and thus bsc platform is very popular now. Its transactions are done very quickly which is a positive point of this platform. and it is hoped that the bsc platform will be able to maintain there reputation


Until now, Ethereum has not been able to solve their problem, high gas fee transactions.This is what makes investors switch to other platforms, making BSC very popular. But currently there are many platforms that are better than BSC, we will see their competition for the next several years.

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Re: Binance Smart Chain platform
« Reply #100 on: February 19, 2024, 07:36:12 AM »
I think it's not just investors who like BSC, small-scale crypto traders (hunters and airdrop participants) are really helped, who previously used the ERC20 network and were hampered by very high shipping fees, where the proceeds from bounties and airdrops were spent on gas fees alone.
I do not agree with you, often just the network bep20, in this direction do not use. It is often used just because of the really favorable commissions. Off-topic I will say: "I had cases when I had to pay 50$ for one transaction in ETH network". It's more about do you trust this network + do you see a future in it? Mind you, CZ is in some kind of trouble there, in case - he can quietly manipulate on the bnb rate etc. In this plan, maximize distrust in him. Who knows, maybe he will stop all transmissions in the network with one button. 

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Re: Binance Smart Chain platform
« Reply #101 on: February 21, 2024, 01:29:00 PM »
All coins are currently registered on the Binance Smart Chain platform. Transactions on Binance Bep-20 platform are most convenient and complete in less time. The cost of gas fee is very low due to which investors are more attracted towards these projects.
Not all coins provide support for Binance Smart Chain because they realize that BSC's fast movements and low fees are usually used as a place for arbitrage due to price differences within a few minutes. On average, projects that enter the BSC network are coins that are not expensive, tend to be cheap, and are not very useful because they are not of interest to people.

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Re: Binance Smart Chain platform
« Reply #102 on: February 21, 2024, 10:43:15 PM »
All coins are currently registered on the Binance Smart Chain platform. Transactions on Binance Bep-20 platform are most convenient and complete in less time. The cost of gas fee is very low due to which investors are more attracted towards these projects.
Not all coins provide support for Binance Smart Chain because they realize that BSC's fast movements and low fees are usually used as a place for arbitrage due to price differences within a few minutes. On average, projects that enter the BSC network are coins that are not expensive, tend to be cheap, and are not very useful because they are not of interest to people.

Absolutely yes, the projects that used Binan smart Chain as network are not expensive coins, but several also high coins..They used BSC because many advantages of BSC, cheaper and easier to create coins there.
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Re: Binance Smart Chain platform
« Reply #103 on: February 23, 2024, 11:46:20 PM »
Absolutely yes, the projects that used Binan smart Chain as network are not expensive coins, but several also high coins..They used BSC because many advantages of BSC, cheaper and easier to create coins there.
Yeah Currently, I never seen a successful BSC network that has expensive prices, most of them have very cheap prices and end up being trashed because there are no fans. Meanwhile, when you look at the Ethereum network, there are lots of projects that have expensive prices, including the NFT projects that are owned. on the Ethereum network.

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Re: Binance Smart Chain platform
« Reply #104 on: March 12, 2024, 11:42:48 PM »
Absolutely yes, the projects that used Binan smart Chain as network are not expensive coins, but several also high coins..They used BSC because many advantages of BSC, cheaper and easier to create coins there.
Tokens created from the BSC network often have cheap prices and many end up in the trash and this happens not only on the BSC Network, but if you look at the Ethereum network, it also has a lot of tokens that end up in the trash, meaning that creating tokens is very easy. but building a useful and high demand project will not be easy.

 

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