Post
Topic
Board Altcoin Discussion
Re: Which is better: Ethereum or the Binance Smart Chain?
by
Almasani
on 22/08/2021, 18:13:00 UTC
Which is a better platform? Ethereum or the Binance Smart Chain? Please explain why.

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Ethereum Blockchain and Binance Smart Chain are two platforms that are almost 100% similar. If you visit Blockscan and paste your wallet address, it will display two different blockchains. Apart from these similarities, even we can accept BSC tokens to Ethereum wallet addresses, just need to change the mainnet system. If you use a Trust Wallet, then you don't need to do anything, you can deposit tokens from both blockchains.
Talking about transaction fees, I think both platforms have almost the same fee, which is 0.001. Well, why is the BSC fee often said to be low, because the price of BNB is still low, if the price of BNB is equivalent to Ethereum, the fees incurred are also the same.
Apart from that, Ethereum Blockchain and Binance Smart Chain also have decentralized platforms. Like Uniswap (Ethereum smart contract) and PancakeSwap (BSC Smart contract).