On-Chain & Off-Chain Transactions

On-Chain

Are classic transactions that take place right inside the blockchain. They are checked and confirmed by the required number of network participants, after which the information is recorded in the next block and transmitted to all available nodes in the system.

User A
Blockchain Wallet 1
Sending money

Transaction is confirmed in Blockchain

Information is recorded in the blockchain

User B
Blockchain Wallet 2

Does not take commission for the enter from the sender.

“User A Blockchain Wallet 1” pays only blockchain commission.
User A
Blockchain Wallet 1
Sending money

Transaction is confirmed in Blockchain

Information is recorded in the blockchain

User B
Digital Wallet 2

Does not take commission for the enter from the sender.

“User A Blockchain Wallet 1” pays only blockchain commission.
User A
Digital Wallet 1
Sending money

Transaction is confirmed in Blockchain

Information is recorded in the blockchain

User B
Blockchain Wallet 1

Does not take commission for the enter from the sender.

“User A Digital Wallet 1” pays only blockchain commission
User A
Blockchain Wallet 1
Sending money within different Wallet

Transaction is confirmed in Blockchain

Information is recorded in the blockchain

User B
Blockchain Wallet 1

Does not take commission for the enter from the sender.

“User A Blockchain Wallet 1” pays only blockchain commission.
User A
Blockchain Wallet 1
Sending money within the same Wallet

Transaction is confirmed in Blockchain

Information is recorded in the blockchain

User B
Blockchain Wallet 1

Does not take commission for the enter from the sender.

“User A Blockchain Wallet 1” pays only blockchain commission.
Supported by blockchains
btc bch bnbsc ada dash doge eth ltc omni trx zec
Not Supported by blockchains:
xrp xlm bnb-dark
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Off-Chain

Represents the in-house technology of B2BinPay, where funds take place outside the blockchain. Thanks to this approach, transactions are much faster, fees are reduced.

User A
Digital Wallet 1
Sending money

Transaction is processed internally with B2BinPay system

User B
Digital Wallet 1

Does not take commission 
for the enter from the sender.

User A
Digital Wallet 1
Sending money

Transaction is processed internally with B2BinPay system

User B
Digital Wallet 2

Does not take commission
 for the enter from the sender.

Tap on pictures to zoom