On what blockchain does Binance BUSD conduct its trades?

3 answers

• Dec 28, 2021 · 3 years ago
  Binance BUSD conducts its trades on the Binance Chain, which is a blockchain developed by Binance. It is a fast and secure blockchain that allows for quick and efficient transactions of BUSD tokens. The Binance Chain uses a consensus mechanism called Tendermint, which ensures the security and integrity of the blockchain. With Binance Chain, users can enjoy the benefits of decentralized trading while also benefiting from the speed and reliability of the Binance ecosystem.
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• Dec 28, 2021 · 3 years ago
  Binance BUSD is built on the Binance Chain, a blockchain specifically designed for the Binance ecosystem. By leveraging the Binance Chain, Binance BUSD transactions are fast, secure, and transparent. The Binance Chain uses a Proof of Stake (PoS) consensus algorithm, which allows for efficient and scalable transactions. This ensures that Binance BUSD trades can be executed quickly and with low fees, making it an ideal choice for traders looking for a reliable and efficient blockchain for their transactions.
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• Dec 28, 2021 · 3 years ago
  Binance BUSD is traded on the Binance Smart Chain (BSC), a blockchain that operates in parallel with the Binance Chain. The Binance Smart Chain is designed to provide compatibility with the Ethereum Virtual Machine (EVM), allowing developers to easily port their Ethereum-based applications to the Binance ecosystem. By using the Binance Smart Chain, Binance BUSD transactions benefit from the speed and low fees of the Binance Chain, while also being able to interact with the wide range of decentralized applications (dApps) available on the Binance Smart Chain.
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