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What Is Binance Smart Chain?

By Motley Fool Staff – Updated Dec 31, 2024 at 4:51PM

Key Points

  • BNB Chain is a high-performance blockchain supporting EVM-compatible smart contracts.
  • BNB Chain processes 4 million daily transactions thanks to its low-cost, fast transaction capabilities.
  • Despite advantages, Binance faces legal issues, including SEC and CFTC investigations.
Key findings are powered by ChatGPT and based solely off the content from this article. Findings are reviewed by our editorial team. The author and editors take ultimate responsibility for the content.

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