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Exchange USDP to Binance Coin

Exchange in 3 steps

  1. Enter the desired amount of Pax Dollar (ERC20) and write your wallet address to receive currency.
  2. Click the "Exchange now" button and you will be taken inside your order.
  3. Send Pax Dollar (ERC20) to the address from your order, after the required network confirmation, BNB Beacon Chain (BEP2) will be sent instantly.

What do you need to know?

­Only 4 confirmations of the PAX are needed to complete the exchange
­Do not send PAX through a third party contract! Such transactions are not automatically processed. We accept transactions from the original PAX contract
­Memo is the BNB payment ID. If you need it when sending a transaction, be sure to include it

What is USDP?

USDP Token is the token of the Paxos platform built on Ethereum blockchain technology (ERC-20 protocol) in 2018. USDP Token is fully backed 1:1 USD issued by the Paxos Trust Company and is approved and regulated by the NYS Department of Financial Services. PAX is also known as USD Digital.

Like other stablecoins such as USDT, PAX aims to combine the stability and reliability of the US dollar with the benefits of digital money. Namely, to make it so that it can be transmitted via the Internet to anyone on the planet, instantly, at any time and practically without commissions.

PAX smart contract

Do not submit PAX through a third party contract. Our exchanger does not accept transactions that are sent by third party smart contracts, except for the original PAX contract.

Network fee

To work with tokens, the wallet must have ETH. It is very difficult to calculate the exact amount of ETH to send a transaction. During periods of high load, it can change significantly. Each token can have a different transaction value. Therefore, it is better that the amount of ETH on the wallet is slightly higher than the average fee on the network at the moment. The average commission can be estimated using the Blockchair analytical service.

The system does not see the transaction, what should I do?

If you have sent funds, but there are no changes, check your transaction in an explorer (etherscan.io or blockchair.com) and make sure that the transaction was created.

If the transaction has already been added to the blockchain, and the system has not seen it, contact technical support, we will be able to help you promptly.

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Binance Coin (BNB) — Binance Exchange Token

The BNB Coin cryptocurrency was released through an ICO that took place in July 2017. As a result, they raised $15 million. Binance Coin was created as an ERC20 token and originally worked on the Ethereum blockchain. But in 2019, the coin "moved" to its own blockchain. The ERC-20 standard is still adopted by the Binance exchange.

What is a Memo and do I need to specify it?

There is an additional Memo field when submitting Binance Coin. Memo is the ID of the payment. It is unique, and with its help the service identifies the sender and recipient. Many services have address protection, which does not allow transactions without Memo.

If it happened that you forgot to specify the Memo or specified it incorrectly:

  1. Check if the transaction went through. To do this, you can use the explorer.binance service.
  2. If the transaction is not confirmed, write to our technical support. We will help you resend it.
  3. If, nevertheless, the transaction went through, then, unfortunately, we will no longer be able to help. In this case, you should write to the technical support service of the service to which you sent it.

Binance Coin Blockchain Speed

BNB is considered to be a fast blockchain. The transaction is confirmed in a few seconds.