Binance Coin (BNB) is the cryptocurrency of the Binance platform, the largest cryptocurrency exchange in the world. BNB, as the coin is known, is regarded as one of the safest cryptocurrencies today, enjoying a steady rise since its launch in 2017.
BNB was initially launched as a token on the ethereum blockchain, but was subsequently migrated to Binance Chain, Binance’s proprietary blockchain. BNB has a total supply of 200 million coins in comparison with Bitcoin’s strict cap of 21 million. It has multiple use cases and within the Binance Exchange ecosystem, is used as a utility token, enabling users to receive discounts when paying for their trading fees.
BNB is known for its stability and reliability. This aspect has been one of the contributing factors leading to its success and corresponding rise in the number of people looking to pay for goods or services in this way.
Individuals and businesses wishing to accept BNB payments can do so via special providers who can facilitate this process via a BNB payment gateway. A gateway is essentially a decentralised payment platform which allows merchants to accept transactions with Binance coins.
Companies that provide these services can connect you to their platform using a BNB payment API so that you can integrate and accept BNB payments on your website. The payment API works by connecting your company’s checkout system to a payment acquiring network, thereby enabling your customers to make purchases from you without having to leave your website to process payments.
You can also use this payment infrastructure to enable payments in your mobile app and with access to real-time purchasing data, you can make more informed decisions that are key to driving your business forward.
Accepting BNB on your website will allow you to capitalise on the trends and cater for current and future consumers who are looking for a merchant processor, or more specifically, merchants that accept BNB. You can also ensure your success by providing a payment service that will make you stand out from the competition.
Getting started is a simple procedure. The popularity and growth of BNB as a means of payment has made integrating a merchant account fast and easy so all that is needed is an initial set up and you’re ready to go.
B2BinPay is a leading BNB payment provider/processor with solutions for Merchants and Enterprise clients. It enables businesses to send, receive, store, exchange and accept cryptocurrency payments online, safely, securely and cost-effectively across the world in a few minutes.
As one of the leading cryptocurrency payment processors, B2BinPay allows merchants to offer their customers a large variety of coins including BNB (currently supporting BNB based on Ethereum) as a payment option. Features include low processing fees, no recurring fees, no hidden charges, real-time balance/transaction history, downloadable reports and secure checkout.
Enterprise clients can receive, store and send a large range of virtual currencies including BNB. A secure, reliable and scalable wallet solution from a reputable, industry-leading cryptocurrency payment provider, features include secure API, automatic withdrawals for clients and a sandbox environment for development teams, over 888 coins and tokens supported and advanced real-time reports, together with 24/7 technical support in 7 languages including English, Chinese, Japanese, Arabic, Spanish, Russian and Greek.
B2BinPay is a reputable cryptocurrency payment processing system and the proven choice of many businesses for accessing the cryptocurrency markets and facilitating global BNB and other crypto payments. Its expanding user-base includes over 100 cryptocurrency exchanges, forex brokers, online stores and a range of other merchants. Open a B2BinPay account today and introduce a new cryptocurrency payment method that will benefit your clients, get you new clients, save on costs and give you the competitive edge.