TRX Staking Earn Passive Income

One of the highlights of B2BinPay v20 is the introduction of TRX Staking, based on the TRON community's advanced Stake 2.0 mechanism, which goes beyond the previous Stake 1.0 to provide greater flexibility, simplify user interactions, and increase the efficiency of resource delegation and utilisation.

TRX Staking allows B2BinPay customers to stake any number of TRXs and earn a passive annual yield of 3-5%, as well as to convert staked TRXs into two essential resources, bandwidth and energy, thereby significantly reducing transaction costs on the TRON network.

Bandwidth is used for transaction processing power, while energy powers smart contract operations. By locking in TRX and accessing these resources, companies and individuals can optimise transaction efficiency, reduce operational costs and gain a significant competitive advantage in the digital asset space.

The process of staking TRX through B2BinPay is simple:

• First, convert TRX to bandwidth or energy, depending on the specific processing requirements of the chosen asset type.
• Then, allocate your votes to convert from bandwidth or energy to SR.

Extended Blockchain Support

B2BinPay v20 expands blockchain support with the introduction of Optimism, Arbitrum, and Base to provide native support for stablecoins, building on the previous integration of Polygon and Avalanche.

Optimism

Optimism is a Layer 2 solution that improves the scalability of the main EtherNetwork through transaction batching. By collecting transaction data from the Ether blockchain, combining it into batches, and then validating them on the main Ether network, Optimism drastically reduces fees, which are typically one-tenth the cost of the Ether base fee. Since its inception in 2021, Optimism has saved users over $1 billion in gas payments, making it one of the most cost-effective blockchain solutions available.

Arbitrum

Arbitrum is an ethereum scaling solution designed to achieve greater transaction throughput at a lower cost. It utilises the same tools as Ether to provide a seamless, secure environment for developers to rapidly deploy DApps on the Arbitrum network. This integration expands the available options and is particularly beneficial for stablecoin users.

Base

Produced by Coinbase, Base leverages Optimism's OP Stack to enhance compatibility with EVMs, help support stablecoins, and simplify code deployment on Ether and compatible blockchains.

Expanding Blockchain Support Customers

As more blockchains are integrated into B2BinPay, customers are given a wider range of options in their transactions to match their business needs with the appropriate technology.

Specifically, B2BinPay now supports:

• USDT on 7 networks: Ether, Binance, Tron, Avalanche, Polygon, Optimism and Arbitrum.
• USDC on 8 networks: Ether, Binance, Tron, Avalanche, Polygon, Optimism, Arbitrum and Base.
• Bridged USDC on 4 networks: Avalanche, Polygon, Optimism and Arbitrum.

Here are a few other use cases that demonstrate how blockchain-enabled extensions can benefit customers.

Facilitating end-user withdrawals

When end-users need to withdraw funds in currencies that are not readily available, B2BinPay can quickly convert assets to the desired currency and manage any associated transaction fees, ensuring that end-user withdrawal requests are met efficiently.

Reducing Blockchain Transaction Costs

For customers seeking to reduce USDT transaction costs, B2BinPay offers an efficient solution that allows USDT from different blockchains (including Ether or Optimism) to be aggregated into a unified exchange wallet, where customers can withdraw funds using any available blockchain, thus reducing expenses.

Guaranteed liquidity on the trading platform

In the case of holding large amounts of cryptocurrency funds and in the event of an urgent need (e.g. platform downtime), businesses can rely on B2BinPay's extensive blockchain support to quickly convert assets into the desired currency for deposit, facilitating a quick response to market demand and helping to maintain liquidity.