B2BinPay, a leading blockchain platform, has recently undergone significant improvements. The latest version now includes TRX staking and expands its blockchain support, providing customers with increased flexibility and efficiency. Let’s delve into how these new features enhance the user experience of B2BinPay.
TRX Staking – Earn While You Transact!
A standout feature of B2BinPay v20 is the integration of TRX Staking, utilizing the advanced Stake 2.0 mechanism from the TRON community. This upgraded approach enhances Stake 1.0 by offering more flexibility, simplified user interactions, and improved efficiency in resource delegation and utilization.
With TRX staking, B2BinPay clients can stake any amount of TRX and earn a passive annual yield of 3-5% (based on network conditions). Additionally, staking TRX helps users reduce transaction fees on the TRON network by converting staked TRX into Bandwidth and Energy, essential network resources.
Energy is crucial for powering smart contract operations, while bandwidth is necessary for transaction processing capacity. By staking TRX and acquiring these resources, both businesses and individuals can optimize their transaction efficiency, reduce operational costs, and gain a competitive edge.
Getting started with TRX Staking on B2BinPay is straightforward:
1. Convert your TRX into Energy or Bandwidth based on the processing requirements of the asset type.
2. Delegate your votes, converted from Bandwidth or Energy, to SR.
Broader Blockchain Support with Optimism, Arbitrum, and Base
Expanding on the existing integration of Polygon and Avalanche, B2BinPay v20 now includes support for Optimism, Arbitrum, and Base, all of which natively support stablecoins.
Optimism operates as a Layer 2 solution, enhancing Ethereum’s scalability by consolidating transactions and significantly reducing fees. Since its launch in 2021, Optimism has saved users over $1 billion in gas payments.
Arbitrum is an Ethereum scaling solution that enables higher transaction volumes at lower costs, supporting stablecoins and providing more options for users.
Base, developed by Coinbase, leverages Optimism’s OP Stack for enhanced EVM compatibility, supporting stablecoins and simplifying code deployment across various blockchains.
The Importance of Expanded Blockchain Support for Clients
By offering support for a wider range of blockchains, B2BinPay allows users to match the appropriate technology to their business needs and expand their transaction options. Specifically, B2BinPay now supports:
– USDT on 7 networks: Ethereum, Binance Smart Chain, Tron, Avalanche, Polygon, Optimism, and Arbitrum.
– USDC on 8 networks: Ethereum, Binance Smart Chain, Tron, Avalanche, Polygon, Optimism, Arbitrum, and Base.
– Bridged USDC on 4 networks: Avalanche, Polygon, Optimism, and Arbitrum.
These enhancements in blockchain support offer various benefits, such as streamlining withdrawals for end-users, reducing blockchain transaction fees, and ensuring liquidity for trading platforms.
In conclusion, B2BinPay plans to introduce Algorand and Solana in the next release, further expanding the number of supported blockchains for stablecoin transactions. Stay connected with B2BinPay to leverage modern blockchain payment processing solutions and maximize your company’s potential!