Paytomat Announces Support of Binance Chain

Paytomat
Paytomat
Published in
2 min readMay 23, 2019

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Our company has proven itself to have a strict, yet effective strategy towards adding new coins. That’s one of the reasons why we created a separate portal for that. However, this month is going to be packed with great news and we consider this one to be worth your attention.

As you already know, Binance, the biggest cryptocurrency exchange to date, has recently announced the launch of their own blockchain Binance Chain. Our team was following the launch closely, and after we got our hands on it, we remained impressed. We believe the future of trading relies heavily on decentralized exchanges which is probably why the top ranking blockchain companies are working on some form of DEX.

The most interesting part that got our attention though is the number of businesses and services that begin to accept BNB, the native Binance coin. Apparently great product, unbeatable reputation, and impressive traction are the contributing factors to any asset adoption.

To support the Binance initiative, we announce that BNB is now officially a part of our product family: Paytomat Wallet and Paytomat Core. We are fortunate enough to have everything you need for easy and comfortable access to your financial resources, and we hope Binance Chain assets (both BNB and Binance Chain based BEP2 tokens) can be a great addition to that.

Feel free to perform BNB transactions with your friends, coworkers and significant others within the same app you’re already familiar with. After you’re done with your trading session, you might as well fulfill your cravings at a local restaurant where BNB is accepted as Paytomat’s coin partner.

Here’s an example of how you normally do it:

Other than that, Binance Chain is an interesting blockchain development. Introducing 1 sec blocks and over 2000 transactions in such a short time span is an incredible improvement in regards to other chains. We can’t wait for cross-chain capabilities and other cool features the Binance has yet to offer us. Meanwhile, we invite everyone to test BNB in Paytomat Wallet and share this great news on social media.

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