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.

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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.

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Ishan Garg

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