Many people think BNB Chain is simple, but this is where it’s easy to make a mistake:
BNB Smart Chain is compatible with the Ethereum Virtual Machine (EVM), so Ethereum ecosystem wallets and contracts can usually be used with minor adjustments.
EVM compatibility means developers don’t have to write contracts from scratch, and existing applications can be migrated at low cost.
When transferring funds to a BNB Chain address, make sure you’ve selected the correct chain and don’t confuse it with another network.
Transaction fees for transfers and contract calls on BNB Chain are settled in $BNB . Currently, 694.98.