Transferring crypto via Binance Smart Chain,BEP20

[neku]

I have noticed that for some wallets and exchanges there is an option to send and receive crypto via the Binance smart chain BEP20 and the fees are very low or zero. What are the advantages and disadvantages of using BEP20 for payment instead of cryptocurrencies own network?

 

[deucher]

This network is very convenient because you can really send very quickly and with a low commission. I have already made a lot of transactions and for me the minus is that many exchanges do not have this. For example, on the Whitebit exchange

 

[Suba]

As you already know, the fees on BEP20 are cheap, some of the advantages of BEP20 are that it can be used on the Ethereum blockchain, you can even store it in your Ethererum wallet. Meanwhile, the drawback of BEP20 is that BSC encounters difficulties with governance, or is prone to centralization, it is also considered vulnerable to 51% attacks.