How User Friendly Binance Smart Chain DeFi Ecosystem is Today?

Previously, I wrote about how Avalanche C-Chain became as user friendly as other decentralized finance (DeFi) ecosystem. At the start of the DeFi craze in 2021, why do users prefer Binance Smart Chain (BSC) as an alternative to expensive Ethereum while there are other chains either older or newer? While the previous article was closer to a guide and a news, this article is more like a story.

Mobile Wallets Should Automatically Supports BSC

My career have been in computers and thus my co-workers often uses computers. As I fell in love with cryptocurrency, at least I have to introduce more people to the crypto space. There are less problems introducing the to my co-workers, but was not as easy to introduce to my other peers. One of the main reason was they are lazy to use computers. Unless it is on mobile, they will not consider. Therefore, it is essential for DeFi to be accessible through mobile.

For early DeFi users, Metamask was the main wallet, but for new users on mobile, they do not prefer Metamask. I have friend outside of computers who enjoyed DeFi but only BSC and the reason was because it is automatically available in Trust Wallet. I invited that friend to Polygon, Avalanche, and Harmony but was too lazy to create a new wallet or import to Metamask and add the networks manually.

Exchanges Should Support BEP-20 Direct Deposit and Withdrawal

In the past, we can only withdraw Polygon to Ethereum (ETH) chain and have to pay a high gas fee to cross chain to Polygon chain through Plasma Bridge. Avalanche C-Chain used to be more unpleasant where not only we have to cross but only one wallet works which is the web wallet and therefore needing…