SafePal Extends Gas-Free Stablecoin Transfers on BNB Chain Through 2025

Zero Gas Fees for Stablecoin Transactions on BNB Chain

SafePal (SFP), a prominent digital asset wallet provider, has announced an extension of its popular "Gas-Free" event, which eliminates transaction fees for specific stablecoin transfers on the BNB Chain. The program, originally introduced to reduce cost barriers for users, has been extended until November 1, 2025, as detailed in a statement released on November 1 via X (formerly Twitter).

The extended promotion enables SafePal users to send stablecoins like World Liberty Finance USD (USD1) and Tether (USDT) on the BNB Chain without incurring gas fees. The event is now scheduled to end on November 1, 2025, at 8:59 a.m. KST, offering a prolonged opportunity for users to benefit from fee-free transactions.

MegaFuel and Paymaster: Powering the Gas-Free Experience

To effectively enable gas-free transactions, SafePal incorporates its proprietary "MegaFuel" feature, which is built upon the cutting-edge Paymaster technology of the BNB Chain. Paymaster is an innovative system that allows third parties to absorb the gas fees on behalf of users. This bypasses the typical complexities of switching wallets or setting up advanced account structures.

Traditionally, a gas-free experience was exclusive to account abstraction (AA) wallets, which require specific configurations. However, with this integration, SafePal ensures that users of standard externally owned accounts (EOAs) can also enjoy frictionless and gas-free transactions. The initiative is fueled by a $25,000 funding contribution (approximately KRW 35 million) from the BNB Chain, ensuring that the program is well-supported throughout the extended campaign.

Detailed Terms of the Gas-Free Offer

During this extended promotional period, SafePal app users can take advantage of enhanced terms for zero gas fees:

• USD1 Transfers: Unlimited gas fee waivers for transfers of World Liberty Finance USD (USD1) on the BNB Chain.
• USDT Transfers: Gas-free transfers are available for up to two transactions per wallet address per day.
• USDC and FDUSD: Transfers of USD Coin (USDC) and First Digital USD (FDUSD), tokens covered in the campaign’s earlier phase, also continue to be eligible for the same two gas-free transactions per wallet per day.
• Minimum Transaction Amount: To qualify for the waiver, transactions must meet a minimum threshold of $0.10.
• Eligibility & Scope: The fee exemption is limited to direct wallet-to-wallet token transfers. Transactions conducted through decentralized applications (DApps), such as token swaps, are not covered under this program.

These tailored terms aim to incentivize the use of stablecoins for everyday peer-to-peer transactions on the BNB Chain, removing cost-related barriers that could deter broader adoption.

Empowering the Global Crypto Community with Cost-Efficiency

SafePal, an ecosystem partner of Binance and Animoca Brands, is leveraging this gas-free initiative as part of its strategic vision to facilitate a more inclusive and active digital asset marketplace. By offering gas-free transactions, the company seeks to promote broader participation within the BNB Chain ecosystem while simultaneously fostering a seamless user experience.

With a user base exceeding 15 million globally, SafePal’s decision to extend the program underscores its ongoing mission to enhance accessibility and cost-efficiency in cryptocurrency transactions. Reducing transactional friction aligns with the company’s broader objective of driving activity and engagement in the ever-growing crypto space.

Reinforcing SafePal’s User-Centric Approach

SafePal remains steadfast in its commitment to lowering the entry barriers to the crypto ecosystem through user-friendly wallet solutions and fee-reduction initiatives. By extending the timeline for this gas-centric campaign, SafePal reinforces its role as a leader in the crypto wallet landscape, ensuring that more users globally can access stablecoin transfers without the added financial burden of gas fees.

As the program continues to gain momentum, SafePal’s initiative not only bolsters its presence within the blockchain ecosystem but also sets a standard for user-centric innovation in the industry. The extension of this gas-free program represents a significant step forward in SafePal’s mission to democratize access to digital asset transactions while supporting the sustainable growth of the BNB Chain.