Wed. Sep 28th, 2022

At Binance, we use our own proprietary blockchain technology, which we call the Binance Chain. The Binance Chain is a high-performance blockchain that is capable of processing 1,400 transactions per second. With the Binance Chain, we are able to offer our users a fast, efficient, and secure platform for trading digital assets.

Other related questions:

Q: What chain type is Binance?

A: Binance is a centralised exchange which means it uses a single server to match buy and sell orders.

Q: Is Binance a separate blockchain?

A: Binance is not a separate blockchain. However, it is its own exchange and has its own native token (BNB).

Q: Is Binance smart chain a private blockchain?

A: Binance smart chain is not a private blockchain. It is a public blockchain that uses the Binance coin (BNB) as its native currency.

Q: Is Binance Ethereum based wallet?

A: Binance is not an Ethereum based wallet.

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