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The BNB Chain has announced extension of its Gas-Free Carnival on social media platform X, allowing users to carry out zero gas fees on stablecoin transactions until June 30, 2025.
The BNB Chain has extended its Gas-Free Carnival initiative, offering zero gas fees on stablecoin transactions until June 30, 2025. The initiative, which launched on March 21, has already covered over $3 million in gas fees.
The Gas-Free Carnival aims to make stablecoin usage more accessible and rewarding for the entire community.
Key Features of the Gas-Free Carnival
Zero Withdrawal Fees: Users can withdraw stablecoins such as USDT, USDC and FDUSD without any gas fees on both the Binance Smart Chain (BSC) and opBNB networks.
This initiative is a collaboration with leading exchanges including Binance, Bitget, and MEXC, which will handle the gas fees.
The program provides a seamless and hassle-free experience for users.
Free Transfers on Wallets: Participants can transfer stablecoins up to six times per day for a minimum transaction of $0.10 using various wallets like Trust Wallet, MathWallet, and SafePal, all without paying any gas fees.
This feature increases user convenience and encourages more frequent transactions within the BNB Chain ecosystem.
Gas-Free Bridging Services: Users can bridge their assets to BSC or opBNB completely free of charge via platforms such as Celer Network and Meson.fi.
This service allows users to maximize their DeFi gains without having to worry about additional costs.
BNB Chain’s Network Performance
Despite the success of the Gas-Free Carnival, high demand has led to full blocks on the network.
Due to these full blocks, users might experience delays in their transactions.
The team is actively monitoring the situation and will be providing updates as necessary.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Christian Thompson, Managing Director of the Sui Foundation, stated that bipartisan U.S. stablecoin legislation will be a powerful mechanism for driving capital formation and retail onboarding into Web3 ecosystems.
- May 06, 2025 at 12:20 am
- Speaking with Benzinga on the sidelines of Sui basecamp in Dubai, Thompson, a former Meta Deputy Chief Information Security Officer and Libra/Diem project contributor, emphasized stablecoins' role in enabling fast, inexpensive, and reliable cross-border transactions.
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