> For the complete documentation index, see [llms.txt](https://bancho-organization.gitbook.io/banchocat-bancho-token/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bancho-organization.gitbook.io/banchocat-bancho-token/bancho-transparency.md).

# BANCHO Transparency

**Why Binance Smart Chain?**

High and ridiculous gas fees currently plaguing Ethereum renders the chain useless for ordinary retail investors. Besides, BSC’s transaction feed costs a few cents every few seconds. The block time is also much shorter. On Ethereum, the block-time is 30 seconds, while on BSC, it is 3 seconds

**Transparent**

* We’re built on open-source software: our site and all our Smart Contracts are publicly visible for maximum transparency.
* Our contracts are verified on BscScan so you know that what you see is what you get: [Click here](https://bscscan.com/address/0xe926c117f791536ece9548ba9bc6029054e5dcce)
* We have passed BSC Honeypot Detector Check : [Click here](https://honeypot.is/?address=0xe926c117f791536ece9548ba9bc6029054e5dcce)
* BANCHO-LP already "LOCKED" 🔐 so you know that we are serious in doing business : [Click here](https://mudra.website/?certificate=yes\&type=0\&lp=0x69cb731e25cb0d6821d34c8de391c453151dfe75)

**Decentralized**

Trade directly from your wallet app. Unlike centralized exchanges like Coinbase or Kraken, BANCHO doesn’t hold your funds when you trade: **you have 100% ownership of your own crypto**