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Home » B2BinPay Debuts TRX Staking, Expands Blockchain Support for Superior Digital Asset Transactions
Blockchain

B2BinPay Debuts TRX Staking, Expands Blockchain Support for Superior Digital Asset Transactions

June 7, 20243 Mins Read
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B2BinPay Debuts TRX Staking, Expands Blockchain Support for Superior Digital Asset Transactions
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As a global leader in blockchain technology, B2BinPay continues to push the envelope with the launch of innovative features, proving once again that it is a force to be reckoned with in the digital assets space. Among these pioneering changes is the addition of TRX Staking, an inclusion that sets the stage for clients to earn while they transact.

The latest iteration of the platform, B2BinPay v20 introduces TRX Staking on the back of TRON community’s advanced Stake 2.0 mechanism. This upgrade marks a significant improvement from the previous Stake 1.0, presenting users with enhanced simplicity and flexibility, as well as improved delegation and utilization of resources.

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One of the standout benefits of TRX Staking is that it allows customers to claim an impressive annual yield of 3-5%, subject to network conditions, on staked TRX amounts of their choosing. Moreover, this mechanism drastically cuts down transaction charges on the TRON network by transmuting staked TRX into Bandwidth and Energy, both crucial resources in the B2BinPay ecosystem.

The staked TRX empowers the optimization of transaction efficiency, and by minimizing operational costs, it allows businesses and individuals to carve out a competitive edge in the congested digital asset landscape. B2BinPay has also simplified the process of embarking on TRX staking. It involves converting the TRX into Bandwidth or Energy, depending on the processing requirements of your asset type, following which votes can be allocated that then transform into SR.

Laying the groundwork for an even richer client experience, B2BinPay v20 extends its blockchain support encompassing Optimism, Arbitrum, and Base. These fascinating introductions stand out in their provision of stablecoins’ native support, serving to enhance the Ethereum’s scalability, reduce transaction costs, and improve compatibility with EVM.

Interestingly, B2BinPay’s augmentation of blockchain power is good news for clients, offering them a wider range of choices for their transactions. They can now effectively align their business needs with the most suitable technology.

By supporting USDT and USDC on multiple networks such as Ethereum, Binance Smart Chain, Tron, Avalanche, Polygon, Optimism, and Arbitrum, B2BinPay facilitates end-user withdrawals, minimizes blockchain transaction fees, and ensures liquidity for trading platforms.

Going forward, B2BinPay doesn’t intend to rest on their laurels. They are already working on more advancements, with the imminent release earmarked for an introduction of Algorand and Solana. This means that the platform will soon boost the total number of supported blockchains for stablecoin transactions to ten. These trails already began with networks such as Tron, Ethereum, Binance Smart Chain, Avalanche, Polygon, Optimism, Arbitrum, and Base.

The power is in the hands of B2BinPay users to take advantage of their advanced blockchain payment processing solutions. There has never been a better time to connect with B2BinPay and take that critical step in propelling your business to greater heights in the digital economy.

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