Categories: Binance

Paytomat now supports Binance Chain, users can pay using BNB tokens

The cryptocurrency payment processor, Paytomat, recently announced the support for Binance Chain. Using Binance Chain,  Paytomat users can now pay for services using Binance’s assets which includes BNB.

A number of businesses have started accepting the BNB token more and more. The reason for such a widespread adoption has been due to Binance’s growing dominance in the cryptocurrency market, and the investors trust on Binance.

Paytomat is one of the first few payment processors to support Binance chain. BNB tokens will be supported by both Paytomat wallet and Paytomat Core. Moreover, both the assets by Binance – BNB token as well as the Binance Chain BEP2 token will be supported.

 

Binance chain has a payment confirmation time of 1 sec and supports 2000 TPS. Binance Chain addition is something which Paytomat did on its own, and was not community voted. According to the community vote, the next currency to be supported is Dogecoin.

Also Read


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Ishan Garg

Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.

Share
Published by
Ishan Garg

Recent Posts

Crypto Sell-Off Alert: $1B Outflows Rock Bitcoin and Ether ETFs as Market Dives 6%

Crypto Sell-Off Alert: as Market Dives 6% The crypto world took a big hit recently.…

2 hours ago

Crypto Money Laundering Explodes to $82 Billion in 2025: The Shocking Rise of Chinese Networks

Crypto Money Laundering Explodes to in 2025: The Shocking Rise of Chinese Networks In 2025,…

3 hours ago

Why Bitcoin is the Best Cryptocurrency to Buy With $500 in 2025

Why Bitcoin is the in 2025 The crypto market is full of deals right now.…

6 hours ago

Crypto Regulation Milestone: Senate Agriculture Committee Advances CFTC Bill in Historic Vote

Crypto Regulation Milestone: in Historic Vote In a big step for the crypto world, the…

8 hours ago

How Gold-Farming Studios Saved World of Warcraft But Crushed Web3 Games

Introduction Ever wonder for years, yet the same tricks seem to "kill" every Web3 game?…

13 hours ago

Georgia Retirees’ $800K Heartbreak: Unmasking the Deadly WhatsApp Crypto Scam

In a shocking tale that highlights the dangers of crypto investing, a retired couple from…

14 hours ago