Question 1

What is the current price of BNB?

Accepted Answer

The price of BNB varies from time to time depending upon its demand in the market. However, you can visit certain platforms to know the price of BNB at your desired time. CoinMarketCap Crypto.com CoinGecko Coincodex You can also find the current price of certain coins on the exchange that you use.

Question 2

What is Binance Smart Chain?

Accepted Answer

It is a blockchain implemented in Binance ecosystem. BSC boasts smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM). Because BSC is EVM-compatible, it launched with support for the rich universe of Ethereum tools and DApps. This makes it easy for developers to port their projects over from Ethereum.   More information

Question 3

What is the Binance Chain explorer?

Accepted Answer

BscScan is a Block Explorer and Analytics Platform for Binance Smart Chain Preferences. It is similar to etherscan.io as BSC is compatible with Ethereum Virtual Machine (EVM). Also, both the platform are built by the same team.   BscScan Explorer - https://bscscan.com/

Question 4

What is the gas price of BNB?

Accepted Answer

The gas price for conducting transactions can be found in the Gas Price Chart on BscScan explorer itself.   Average Gas Price Chart - https://bscscan.com/chart/gasprice

Question 5

Why BNB in BEP-20 format has the same wallet address as in the Ethereum (ETH) network?

Accepted Answer

Binance Smart Chain network uses a modified version of proof-of-stake (PoS) consensus known as a proof-of-staked-authority (PoSA) algorithm. To put it simply, this means that BSC is centered upon 21 validators who stake BNB in order to validate the BSC network.

As it is a fork of the Ethereum network you can use the same wallet address and private key from your Ethereum wallet to work in Binance Smart Chain.   Learn more about 'How to create a BSC wallet?'

Question 6

What is Forsage

Accepted Answer

Forsage is a business

Question 7

What are the slot costs?

Accepted Answer

Coming soon...

Question 8

Forsage on Binance Smart Chain Presentations.

Accepted Answer

Presentation Video:-       Presentation PDF:-   Forsage BSC Marketing PDF - https://forsage.io/docs/Forsage_BSC_eng.pdf

Question 9

How much profit can we earn?

Accepted Answer

Coming soon...

Question 10

Do you need to be registered in Binance Exchange to start activity in Binance Smart Chain?

Accepted Answer

No, do not confuse yourself with Binance Exchange and Binance Smart Chain. Both are totally different concepts - Binance Exchange is a platform where you can purchase or sell crypto while Binance Smart Chain is a separate blockchain that uses BNB token with BEP-20 protocol. To manage your future registration and levels activation in Forsage on BSC you will need a quick configuration of your ETH compatible wallet apps like MetaMask, Trust wallet, Token Pocket, etc.   Learn more about 'How to create a BSC wallet?'

Question 11

Why Forsage is expanding to Binance Smart Chain?

Accepted Answer

Binance eco-system authority and consistent positive dynamics in smart-contracts development within network. Stability under heavy loads, fast transaction timing, minimum network fees. Expansion of Forsage for new opportunities to your business. Currently blurred ETH and TRX network fees situation that makes many of our partners to feel less free in their actions. More information

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