#BSCOnTheRise BNB Smart Chain, formerly known as Binance Smart Chain, is an Ethereum Virtual Machine (EVM) compatible blockchain platform capable of executing universal smart contracts. It is the basic level, or Layer 1 (L1), which is part of the BNB Chain blockchain ecosystem, developed with the support of the Binance cryptocurrency exchange. It is known for its fast transaction time and low transaction cost.

The BNB token is the fuel for the BNB Smart Chain. Originally known as Binance Coin, BNB has been rebranded as “Build and Build.” In addition to being used as a “gas” token for the BNB Smart Chain, BNB also grants its holders online management rights