Cryptocurrency Q&A Why do I need BNB to make a transaction?

Why do I need BNB to make a transaction?

Enrico Enrico Wed Feb 19 2025 | 6 answers 1307
I am trying to understand why I am required to use BNB when making a transaction. I want to know the reason behind this necessity and how it facilitates the transaction process. Why do I need BNB to make a transaction?

6 answers

Stefano Stefano Thu Feb 20 2025
Additionally, the demand on the network also impacts the transaction fees.

Was this helpful?

279
45
Giulia Giulia Thu Feb 20 2025
When engaging in the BSC ecosystem, it's crucial to recognize the necessity of BNB.

Was this helpful?

255
94
DigitalTreasureHunter DigitalTreasureHunter Thu Feb 20 2025
BNB is the native cryptocurrency of Binance Smart Chain and is required to cover transaction fees.

Was this helpful?

54
34
emma_lewis_pilot emma_lewis_pilot Thu Feb 20 2025
BTCC, a top cryptocurrency exchange, offers a range of services that cater to users' needs. These include spot trading, futures trading, and a secure wallet.

Was this helpful?

301
73
Martino Martino Thu Feb 20 2025
The amount of BNB needed for these fees varies depending on the type of transaction you're performing.

Was this helpful?

68
34
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts