As of 2024, the typical cost for a Bitcoin-blockchain transaction stands at approximately $32, while the BNB-chain boasts a mere $0.14 fee. This significant disparity in transaction fees for buying, selling, and swapping is prompting the 1.4 million users of the Binance cryptocurrency exchange to consider transitioning to the Bitnance (BTN) token.
With the potential to save a substantial amount of money, savvy investors are likely to make the switch, as transaction fees are expected to be over 1000% lower than those of Bitcoin-blockchain. It is anticipated that wise individuals currently utilizing Binance Blockchain will shift their focus from BTC to this new store-of-value token.