> For the complete documentation index, see [llms.txt](https://whitepaper.moon.ws/moon-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.moon.ws/moon-whitepaper/moon-whitepaper/why-binance-smart-chain.md).

# Why Binance Smart Chain

### Multiple Features

Binance offers features such as trading, investing, APY, lending, borrowing, and much more.

### Scale

The Binance Coin has a significant market cap and is backed by one of the world’s largest crypto exchanges. It is also the third-largest Blockchain in the world by a number of active wallets.

### Safety & Compatibility

The Binance Smart Chain is a smart contract-enabled blockchain network created with the goal of creating a decentralized financial (DeFi) ecosystem. The Binance Smart Chain operates using a Proof-of-Authority consensus mechanism, which makes transactions secure from tampering.

### Low Fees & Speed

Gas fees on BSC are up to 95% lower than those on Ethereum, and transaction speeds are about 4.3 times faster.

### Metaverse & NFT Friendly

Binance is already accommodating the development of other Metaverse projects, including Ertha, Cyball, and Star Sharks.