What is BNB?

BNB Smart Chain (BSC) is a blockchain platform designed to run smart contract-based applications. It operates in parallel with Binance Chain and provides the benefits of fast transaction speeds, low transaction fees, and the ability to support a wide range of decentralized applications.

Key Features of BNB Smart Chain

• Dual Chain Architecture: BNB Smart Chain works in tandem with Binance Chain, allowing users to transfer assets seamlessly between the two chains. This enhances both the performance of BSC for dApps and the speed of Binance Chain for asset transfers.
• EVM-Compatible: BNB Smart Chain is fully compatible with the Ethereum Virtual Machine (EVM), making it easy for developers to migrate or integrate Ethereum-based applications, tools, and wallets.
• Low Transaction Fees: With its optimized infrastructure, BNB Smart Chain offers significantly lower gas fees compared to many other blockchain networks, making it a cost-efficient choice for users and developers.
• High Performance: BNB Smart Chain can handle a high volume of transactions with shorter block times, ensuring fast and efficient processing.
• Decentralization and Security: BNB Smart Chain uses a Proof of Staked Authority (PoSA) consensus mechanism, combining both Proof of Stake (PoS) and Proof of Authority (PoA) for better security and decentralization.

You can read more about BNB Smart Chain in the official documentation.

Use BNB with Holyheld

As a user, you can seamlessly on- and offramp into or from all liquid assets on BNB directly through Holyheld, whether on the web or mobile app. Holyheld supports nearly all popular wallets—find out more about supported wallets here.

Developers and Projects

If you're building on BNB, Holyheld offers a comprehensive SDK to integrate On- and Offramp functionalities into your protocol or wallet. Reach out to leverage our SDK for your development needs.