Cryptocurrency Q&A Are BNB and Binance Smart Chain the same?

Are BNB and Binance Smart Chain the same?

CryptoConqueror Mon Feb 17 2025 | 8 answers 2166

BNB and Binance Smart Chain are not the same. BNB is the native token of Binance Smart Chain, used for paying transaction fees and participating in community governance, while Binance Smart Chain is a blockchain platform developed by Binance, aiming to provide a high-performance and low-cost smart contract environment. Are BNB and Binance Smart Chain the same?

Are BNB and Binance Smart Chain the same?

bnb binance smart chain same

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