PrimeXBT Adds Support for BNB Smart Chain

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One of the biggest advantages of the crypto space rapidly evolving and including new approaches and solutions is the number of innovations that happen, enabling users to choose between several similar, yet distinctly different solutions, according to their own needs. Among these incredibly important innovations are the different available blockchain networks, each with its own advantages and quirks. Since many projects that create their own tokens decide to have them available on several networks, having access to any number of those chains can be extremely beneficial for traders and investors — which is exactly what trading platform PrimeXBTunderstands and why it added support for the BNB Smart Chain. 

In short, BNB Smart Chain (formerly known as Binance Smart Chain) is a smart contract-enabled public blockchain designed to run parallel to Binance Chain, the native blockchain of major crypto exchange Binance. 

The chain enables access to a new approach to decentralized finance (DeFi): as a slightly faster alternative to Ethereum (ETH), with significantly lower fees, it is a great choice for developers who are looking for improved blockchains. Additionally, as it is compatible with the Ethereum Virtual Machine (EVM), it makes it easier for those who have already worked with Ethereum to migrate to the BNB Smart Chain. The same goes for projects already live on Ethereum, as you can easily port them here without having to redo