We’re excited to announce PayTrie users can now purchase BUSD and USDT for Binance with $0 gas fee! PayTrie has officially extended support for Binance Smart Chain (BEP20).
Supporting Binance Smart Chain (BEP20) has been our most requested feature. With the surging gas fees on Ethereum, users funding their Binance account have incurred a lot of unnecessary gas fees. Starting today, PayTrie will once again cover all gas fees when purchasing BUSD and USDT for Binance on Binance Smart Chain (BEP20).
Get Started
If you’re a Binance user or you would like to interact with the Binance Smart Chain ecosystem, you can now select USDT-B (BEP20) or BUSD-B (BEP20) in the PayTrie app. Enter the amount you’d like to purchase, fund your transaction, and your USDT or BUSD will magically appear on Binance or in your BEP20 wallet address.
FAQ
Q: Is the Ethereum (ERC20) version of USDT still supported?
A: Yes it is. Make sure you’re selecting the ERC20 USDT and not the BEP20 USDT.
Q: Is the Ethereum (ERC20) version of BUSD still supported?
A: Unfortunately we’re only supporting the BEP20 version of BUSD moving forward.
Q: What is the difference between Ethereum (ERC20) and Binance Smart Chain (BEP20)?
A: Ethereum and BSC are two separate blockchains. BSC is a blockchain maintained by the Binance exchange. Binance supports stablecoins on both chains, but gas cost on BSC is much cheaper.
Q: Can PayTrie help recover stablecoins if I accidentally send it to the wrong network?
A: Unfortunately we aren’t able to help as transactions are irreversible. Make sure you’re selecting the right network when purchasing your desired stablecoin.
Q: I am still confused, where can I find help?
A: Shoot us an email to support@paytrie.com, or find our friendly staff on Discord!
About PayTrie
PayTrie is Canada’s premier gateway to get stablecoins enabling you to get started with cryptocurrencies. With our low 0.6% all inclusive, no hidden fee, ultra fast transfer, and quick KYC, you can get started today for free.
This article is not intended as investment advice or solicitation. This content, including charts, graphs and references to any digital assets are provided for informational and illustrative purposes only, and should not be relied upon as legal, business, investment, or tax advice. Digital asset trading is subject to high market risk. Digital assets, including stablecoins are subject to market fluctuations. You should consult your own advisers on these matters.
