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BNB Chain

BNB Chain (BNB)

Current USDT transfer fee on the BNB Chain network

$0.0193

Estimated cost per BEP-20 USDT transfer

Updated Mar 12, 2026 at 20:00 UTC

Quick Facts

Native Token BNB
Consensus PoSA
Block Time ~3 seconds
USDT Standard BEP-20

USDT Contract

BEP-20 USDT on BNB Chain

0x55d398326f99059ff775485246999027b3197955

About BNB Chain

BNB Chain (formerly Binance Smart Chain) launched in 2020 by Binance as an EVM-compatible blockchain with much lower fees than Ethereum. It uses a Proof of Staked Authority (PoSA) consensus mechanism with 21 validators, enabling fast block times of approximately 3 seconds.

The network quickly became a major DeFi hub thanks to the Binance ecosystem and its low transaction costs. USDT transfers on BNB Chain typically cost around $0.02, making it an attractive option for everyday transfers.

Fast finality and low fees make BNB Chain popular for smaller transfers and DeFi activity. The main trade-off compared to Ethereum is centralization — with only 21 active validators, the network sacrifices some decentralization for speed and cost efficiency.

Related Resources

bscscan.com bnbchain.org docs.bnbchain.org

Frequently Asked Questions

How much does it cost to send USDT on BNB Chain?
A standard USDT (BEP-20) transfer on BNB Chain costs approximately $0.02 or less. The exact fee depends on current network gas prices, but BNB Chain is consistently one of the cheapest networks for USDT transfers.
Is BNB Chain compatible with MetaMask?
Yes. BNB Chain is fully EVM-compatible, so you can use MetaMask by adding the BNB Chain network (Chain ID 56). Most Ethereum tools and wallets work with BNB Chain with minimal configuration.
Why is BNB Chain cheaper than Ethereum?
BNB Chain uses a Proof of Staked Authority consensus with only 21 validators, which allows for higher throughput and lower fees compared to Ethereum's decentralized Proof of Stake with thousands of validators. The trade-off is less decentralization.
Is BNB Chain the same as Binance Chain?
No. Binance Chain (now BNB Beacon Chain) was an earlier blockchain focused on fast trading. BNB Chain (formerly Binance Smart Chain) is a separate, EVM-compatible chain designed for smart contracts and DeFi. Both use BNB as the native token.