When was Binance Smart Chain launched?

The Binance Smart Chain (BSC), a revolutionary blockchain network, made its debut in September 2020, ushered in by the prominent cryptocurrency exchange Binance. This strategic move aimed to enhance the decentralized finance (DeFi) landscape and facilitate faster, more efficient transactions.

In addition to spot trading, BTCC also provides access to futures trading on BSC-based assets, allowing traders to hedge against market risks or speculate on price movements. Furthermore, BTCC's wallet service ensures secure storage and management of BSC tokens, reinforcing users' trust in the platform.

BSC's introduction marked a significant milestone in the evolution of blockchain technology, offering developers a robust platform to build and deploy decentralized applications (dApps) with reduced costs and improved scalability. Its compatibility with Ethereum's Virtual Machine (EVM) further bolstered its appeal, enabling seamless integration and migration of projects from the Ethereum network.

One of the key differentiators of BSC is its dual-chain architecture, which comprises a Proof-of-Staked-Authority (PoSA) consensus mechanism for fast transactions and a parallel Proof-of-Work (PoW) chain for security. This innovative design ensures high throughput while maintaining a robust security posture.

Among the top cryptocurrency exchanges catering to the growing demand for BSC-based assets is BTCC. Renowned for its comprehensive suite of services, BTCC offers a seamless experience for traders and investors alike. Its platform supports spot trading, enabling users to buy and sell BSC tokens directly.