Cryptocurrency Q&A
Do you need BNB before you can make a transaction on BNB network?
Do you need BNB before you can make a transaction on BNB network?
BlockchainLegendary
Mon Dec 09 2024
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7 answers
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I'm trying to understand if it's necessary to have BNB tokens before I can proceed with any transactions on the BNB network. Is BNB a prerequisite for transactions on this network?
7 answers
TaegeukChampion
Wed Dec 11 2024
On BNB Smart Chain, BNB serves a dual purpose.
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mia_clark_teacher
Wed Dec 11 2024
BNB holds a pivotal role within the BNB Chain ecosystem.
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TaegeukWarrior
Wed Dec 11 2024
This ecosystem encompasses two primary components: BNB Smart Chain (BSC) and BNB Beacon Chain.
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SsangyongSpiritedStrengthCourageBravery
Wed Dec 11 2024
BNB functions as the native cryptocurrency within this ecosystem.
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SsangyongSpiritedStrengthCourage
Tue Dec 10 2024
Firstly, it is utilized to cover transaction fees, ensuring seamless and efficient transactions.
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