# Why do we choose Binance Smart Chain (BSC)? Binance Smart Chain (BSC) allows developers to build a DeFi Protocol within the Binance network, the world largest cryptocurrency exchange. It is regarded as one of the most popular networks among investors and developers in the DeFi industry and is growing rapidly. Therefore, it is interesting to utilize it as an infrastructure for DeFi development. Furthermore, it cooperates with the BEP-20 Smart Contract Standard for issuing a new token on Binance Smart Chain (BSC) network, which is similar to Ethereum’s ERC-20 Smart Contract Standard. As part of Ethereum, Binance Smart Chain (BSC) network is able to run Smart Contract in the same way as Ethereum, which allows a fast bootstrap for the network. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://acet-finance.gitbook.io/act/what-is-binance-smart-chain/why-do-we-choose-binance-smart-chain-bsc.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.