Binance Smart Chain (Now BNB Chain) is one of the most popular blockchain networks in the world, with many famous applications based on the blockchain network. Some of those applications are NFT marketplace platforms with a huge trading flow during any time of the year. As non-fungible tokens are increasingly getting accepted by the global community, building your new NFT marketplace on the BSC will be the perfect option. Below are a few reasons why BSC can be the ideal blockchain in this context.
The BSC has a superior transaction speed compared to the popular Ethereum network. For comparison, the transaction speeds in BSC and Ethereum vary by almost 4 times.
Gas fees in the BSC are far cheaper than in Ethereum due to the efficient handling of transactions to lower network congestion. While gas fees in Ethereum can vary drastically due to various factors, gas fees in BSC remain almost the same anytime in the year.
Hence, if you want to build an NFT marketplace on BSC, there are a few firms that specialize in the work.