The platform B2BinPay has incorporated support for L2 solutions Optimism, Arbitrum, and Base, as well as Tron (TRX) staking in the 20th version of its crypto processing service, according to a press release.
The B2BinPay team states that L2 solutions will offer users transfers of popular stablecoins with low transaction fees.
At the time of publication, the service supports Tether (USDT) across seven networks: Ethereum, BNB Chain, Tron, Avalanche, Polygon, Optimism, and Arbitrum. USD Coin (USDC) is available on eight networks: Ethereum, BNB Chain, Tron, Avalanche, Polygon, Optimism, Arbitrum, and Base.
With the implementation of the Stake 2.0 model, B2BinPay clients can lock any amount of TRX and earn a passive income of 3-5% per annum. To do this, one must:
- navigate to the Wallet section and select Tron;
- click the Get votes button and lock tokens in the Resources tab.
The network distributes rewards daily. TRX withdrawal takes 14 days after initiating the unlock.
Tokens in staking can be exchanged for Tron resources: Bandwidth and Energy. The former is needed for TRX and TRC-10 token transfers, while the latter is for interacting with smart contracts and sending TRC-20 tokens.
Example: A B2BinPay Enterprise user spends 95,500 Energy and 345 Bandwidth in the Tron blockchain to withdraw a deposit from a client’s address to their wallet. The transaction fee is 41 TRX.
According to Tronscan, 1 Energy costs 0.081 TRX, and 1 Bandwidth costs 0.893 TRX. To send tokens for free, one must stake:
Energy (95,500 Energy * 0.081 TRX = 7,735.5 TRX) + Bandwidth (345 Bandwidth * 0.893 TRX = 308.08 TRX) = 8,043.58 TRX.
Full payback will occur in 8,043.58 TRX / 41 TRX = 196.18 days (6.53 months).
B2BinPay is a crypto processing service licensed in Estonia and Italy, part of the B2Broker ecosystem, and verifies incoming payments using AML services from Chainalysis and Crystal.
Previously, B2Broker invested $5 million in the development of B2Trader, a platform for spot cryptocurrency trading.