- B2BinPay, the leading blockchain payment platform, has recently launched a new version with significant updates.
- The inclusion of TRX staking and the expansion of supported blockchains are key highlights in this release.
- These updates are set to enhance user experience, offering more options and greater efficiency.
Discover the latest advancements in B2BinPay, including TRX staking and expanded blockchain support, designed to offer improved efficiency and flexibility for users.
TRX Staking – Earn While You Transact!
B2BinPay’s latest update introduces TRX Staking, a feature that empowers users to stake TRX and earn passive income. Leveraging the advanced Stake 2.0 mechanism developed by the TRON community, this new feature brings enhanced flexibility and efficiency.
By staking TRX, users can earn an annual yield of 3-5%, while also enjoying lower transaction fees on the TRON network. The staked TRX is converted into Bandwidth and Energy, essential resources for transaction processing and smart contract execution. This not only reduces operating costs but also improves transaction efficiency, providing a competitive edge for businesses and individuals alike.
How to Get Started with TRX Staking
Starting TRX staking on B2BinPay is straightforward:
- First, convert your TRX into either Bandwidth or Energy based on your transaction processing needs.
- Then, delegate your converted votes from Bandwidth or Energy to SR (Super Representatives).
Increased Support for Blockchain with Base, Arbitrum, and Optimism
Building on previous integrations, B2BinPay v20 now supports additional blockchains, including Optimism, Arbitrum, and Base. Each of these blockchains offers native support for stablecoins, providing users with more transaction options and flexibility.
Optimism Blockchain
Optimism is a Layer 2 solution designed to scale the Ethereum network by processing transactions in batches, significantly reducing fees. This integration allows users to benefit from lower transaction costs, making it an economical choice for Ethereum-based transactions.
Arbitrum Blockchain
Arbitrum offers a scalable solution for Ethereum, enabling higher transaction volumes at reduced costs. It supports the deployment of decentralized applications (DApps) and stablecoins, providing developers and users with more robust options on the Ethereum network.
Base Blockchain
Developed by Coinbase, Base uses Optimism’s OP Stack to enhance EVM compatibility. This open-source rollup supports stablecoins and simplifies code deployment across various blockchains compatible with Ethereum, offering users more flexibility and reliability.
Implications of Expanded Blockchain Support
With the inclusion of more blockchains, B2BinPay now offers enhanced transaction flexibility, catering to different business needs. Clients can now use USDT on seven networks and USDC on eight networks, providing varied options for asset transactions and liquidity management.
Streamlining Withdrawals
If a required withdrawal currency isn’t immediately available, B2BinPay enables swift asset conversion to meet end-user demands, ensuring seamless transaction processing and cost management.
Reducing Transaction Fees
The platform aggregates USDT from various blockchains, allowing clients to minimize transaction costs effectively. This feature is particularly beneficial for reducing operational expenses tied to USDT transactions.
Ensuring Liquidity
For trading platforms facing urgent liquidity needs, B2BinPay offers rapid asset conversion. This capability helps maintain robust market response and ensures operational liquidity for urgent financial requirements.
Conclusion
B2BinPay continues to expand and innovate, with future plans to incorporate Algorand and Solana. This will further enhance its blockchain support, making it a versatile and efficient solution for modern payment processing needs. Stay updated with B2BinPay to unlock advanced capabilities for your business!
