I've been asked this several times, so here's the answer all in one place.
BNB was first issued in 2017. It was initially an ERC-20 token on Ethereum, before moving to the Binance Chain mainnet in 2019.
Compatibility with the Ethereum Virtual Machine means developers don't have to rewrite their smart contracts, making it inexpensive to migrate existing applications.
On BNB Chain, transaction and smart contract call gas fees are paid in $BNB .
If anything isn't clear, let us know in the comments.
#BNB
Stay level-headed and don't get carried away.
BNB was first issued in 2017. It was initially an ERC-20 token on Ethereum, before moving to the Binance Chain mainnet in 2019.
Compatibility with the Ethereum Virtual Machine means developers don't have to rewrite their smart contracts, making it inexpensive to migrate existing applications.
On BNB Chain, transaction and smart contract call gas fees are paid in $BNB .
If anything isn't clear, let us know in the comments.
#BNB
Stay level-headed and don't get carried away.