In September 2020, Binance (The crypto exchange website) launched their own smart chain. If you are used to using the Ethereum blockchain, then it will be almost identical but with some noticeable differences. Firstly, the gas fees are much lower than Ethereum (cents instead of dollars) which makes it easier to test and transact. The only issue that we have seen is that it seems to have a lot of scam / meme coins on it, so it can be difficult navigating these. We will explain further about these risks in our meme coin articles.
The best articles for getting started on this Blockchain are on the Binance Academy website. We have linked them for you here…
Introduction to Binance Smart Chain
