We added a new network for Ethereum deposits โ BNB Smart Chain (BSC). Now you have more options for topping up your ETH balance and transaction costs will be lower.
Binance Smart Chain was introduced as an alternative to Ethereum to speed up transactions and reduce fees.
Here’s how it compares:
Block creation time on BSC is about 3 seconds, while on Ethereum it ranges from 2 to 14 seconds.
Gas fees on Binance Smart Chain are significantly lower than on Ethereum.