BNB Chain Announces Gas-Free Festival for Seamless Stablecoin Transfers

BNB Chain Announces Gas-Free Festival for Seamless Stablecoin Transfers

Chillin' Out with Gas-Free Stablecoin Transactions on BNB Chain

Wanna know what's rad these days? Transferring stablecoins on BNB Chain with zero fees! With the Gas-Free Carnival, asset movement is smooth and costless on this noteworthy network.

Zero-Fee Stablecoin Withdrawals Through Top Exchanges

CEX users can bid farewell to withdrawal fees while moving stablecoins to BNB Chain and opBNB. It's a party with partners like Binance, Bitget, MEXC, and others!

Imagine this: Binance members can withdraw USDT, USDC, or FDUSD for free in transactions above $20 to BSC or opBNB. Got a lesser budget? No worries, MEXC and Bitget require only a minimum deposit of $10.

qualified withdrawals include:

• Binance: USDT, USDC, FDUSD on BSC and opBNB
• MEXC: USDT, USDC on BSC
• Bitmart: lists USDT, USDC on BSC and opBNB
• Flipster: USDT, FDUSD on BSC
• Gate.io, Ourbit, BingX, LBank: USDT, USDC on BSC

Watch out for the minimum withdrawal requirements—make sure to check the terms with each CEX before making a move.

BNB Chain Empowers Gas-Free Wallet-to-Wallet Transfers

BNB Chain has your back when it comes to wallet-to-wallet stablecoin transactions. You'll find support from wallet projects like Trust Wallet, SafePal, and more.

To be eligible:

• Transactions must be limited to 6 per day (2 per stablecoin), with a minimum value of $0.10 for each transfer.
• The transfers should be direct wallet-to-wallet (BSC) scenarios, not Dapp swaps.

Fancy transferring FDUSD from a Trust Wallet to a SafePal wallet? That's doable, gas-free, up to twice per user, per stablecoin, per day!

The offer's available in these wallets:

• Trust Wallet
• Bitget Wallet
• UXUY Wallet
• SafePal
• Codexfield
• Coin98
• MathWallet
• Gate Web3 Wallet
• TokenPocket
• ImToken
• Wello

Streamlined wallet support makes it easy to move funds without incurring gas costs.

Free Cross-Chain Bridging via Celer cBridge and Meson.fi

Got assets on Ethereum, Polygon, Avalanche, or Tron? Embrace the effortlessness of transferring assets to BNB Chain, free of charge.

Celer cBridge and Meson.fi offer gas fee reimbursements and $0 platform fees when cross-collateralizing qualified stablecoins to BNB Chain. The free ride starts in Q4 2024 and ends on March 31, 2025, or until rebates last.

Here's the scoop:

• Celer cBridge: Bridges USDC, USDT, FDUSD across Ethereum, Arbitrum, Optimism, Polygon, Avalanche. The gas rebates per user address are limited to a maximum of 1,000 FDUSD.
• Meson.fi: Offers the lowest threshold for USDT bridging from Ethereum, Arbitrum, and Tron with the highest possible rebate of 1,000 USDT per user.

Tap the DeFi World with these New Opportunities After Bridging

Moved your stablecoins to BNB Chain? The fun's just beginning! Engage in DeFi activities across the BNB Chain ecosystem.

Here are a few opportunities you can dive into:

• Venus: A leading lending platform with competitive yields for stablecoin deposits.
• PancakeSwap Liquidity Pools: Supporting stablecoin pairs like USDC/USDT, with high liquidity and varying APYs.
• ListaDAO: Allow users to collateralize assets like BNB or slisBNB to borrow lisUSD or USD1, potentially earning yields.
• Trust Wallet’s Stablecoin Earn: Aggregates DeFi protocols across multiple networks to earn bonus rewards, depending on pool performance.

The Gas-Free Carnival seamlessly enhances the BNB Chain ecosystem, nudging wider stablecoin adoption throughout DeFi. While users benefit from unmatched value, BNB Chain maintains the right to adjust or cancel the event anytime, without notice. Remember to always do your own research before participating in DeFi.

More News: *BNB Chain Completes Pascal Hard Fork, Aims for Significant Speed Improvements with Lorentz and Maxwell

(Enrichment Data: The absence of specific APYs for Kinza Finance and Radiant may indicate their lower activity compared to established DeFi options. Always verify real-time APYs using platforms like DeFiLlama or ApeBoard.)

1. With the Gas-Free Carnival, users can transfer stablecoins like USDT, USDC, and FDUSD on BNB Chain without any transaction fees.
2. Binance, Bitget, MEXC, and other top exchanges allow users to withdraw these stablecoins to BNB Chain and opBNB with minimal fees or no fees at all.
3. Trust Wallet, SafePal, and other wallet projects provide support for gas-free wallet-to-wallet stablecoin transfers on BNB Chain.
4. Celer cBridge and Meson.fi offer gas fee reimbursements for cross-chain bridging of stablecoins from Ethereum, Polygon, Avalanche, and Tron to BNB Chain.
5. Users can utilize DeFi platforms like Venus, PancakeSwap Liquidity Pools, ListaDAO, and Trust Wallet’s Stablecoin Earn after moving their stablecoins to BNB Chain.
6. The Gas-Free Carnival is designed to boost the adoption of stablecoins in the DeFi space, providing users with unmatched value.
7. Binance Smart Chain (BSC) recently completed the Pascal Hard Fork, targeting significant speed improvements with the upcoming Lorentz and Maxwell updates.
8. Always remember to do thorough research before participating in DeFi activities, as BNB Chain reserves the right to adjust or cancel the Gas-Free Carnival at any time.
9. Before engaging in DeFi activities, users should verify real-time APYs using platforms like DeFiLlama or ApeBoard since some platforms, like Kinza Finance and Radiant, may have lower activity compared to established options.
10. The absence of specific APYs for Kinza Finance and Radiant in the text may indicate their lower activity compared to other DeFi options, but this doesn't necessarily mean they should be overlooked as users should always consider all available DeFi opportunities.

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