BitHide Introduces Energy: A Game Changer for Business Transactions
In the fast-evolving world of cryptocurrency, businesses are constantly searching for ways to improve cost efficiency and streamline operations. BitHide, the confidential cryptocurrency wallet tailored for businesses, has recently launched a groundbreaking feature known as
Energy. This innovative addition aims to help companies significantly cut down their transaction fees on the TRON network, specifically when dealing with USDT TRC-20 transactions.
Understanding TRON Network Fees
When businesses engage in transactions over the TRON network, they typically incur fees paid in
TRX. These fees cover the use of two essential resources:
Bandwidth and
Energy. Bandwidth is used primarily for basic transfers, such as sending TRX, while Energy is essential for executing smart contracts, including the transfer of TRC-20 tokens. For users, managing these resources can often be complex and time-consuming. If a wallet lacks sufficient Energy, TRX is automatically deducted from the balance to cover transaction fees, which can quickly add up and increase overall costs.
Traditionally, users could obtain Energy by either freezing TRX or renting it through Energy markets. However, these methods require manual management—estimating, freezing, and monitoring usage—which can be a cumbersome process, especially for businesses that handle numerous transactions daily.
BitHide's Solution: Automatic Energy Payments
Recognizing this challenge, BitHide has introduced
automatic Energy payments through their latest feature. This allows businesses to bypass the manual process altogether. Instead of having to pay fees in TRX, users can utilize their balance directly, enabling the wallet to manage Energy for them. This system not only simplifies the payment process but eliminates issues related to insufficient TRX balances and the need for manual calculations.
Key Benefits of BitHide's Energy Feature:
- - Seamless Automation: No more manual freezing or renting of TRX.
- - Transaction Reliability: Avoid failed transactions due to low TRX balances.
- - Simplified Fee Management: Automatic fee payments based on each transaction's requirements.
- - Versatile Support: Compatible with all types of payout methods—manual, automatic, proxy, API, and mass transfers.
The implementation of this automated Energy functionality means that businesses can focus on their core operations rather than the intricacies of transaction costs, achieving potential savings of up to
30%.
Enhancing User Experience: The Energy Bot
In tandem with the Energy feature, BitHide has also launched an
Energy Bot available on Telegram. This tool is specifically designed to help users minimize transaction costs when sending USDT across the TRON network. The process is user-friendly: customers simply activate the bot, input their USDT address, top up their balance, and facilitate Energy rentals directly through the interface. This efficient setup not only simplifies the transaction process but also guarantees cost savings on fees associated with TRON transactions.
Vasilyi Zolochevskyi, the Chief Business Development Officer at BitHide, emphasized the importance of this upgrade: “Most users and businesses still pay excessive fees in TRX, overlooking the more economical approach that Energy provides. BitHide automates this entire process, reducing manual workload while simultaneously cutting costs.”
The Future of BitHide
Founded in 2021 and based in Hong Kong, BitHide stands out as a confidential solution that prioritizes ease and functionality in cryptocurrency transactions. With the launch of Energy, BitHide is not only enhancing the efficiency of crypto payment operations but also providing businesses with greater control, transparency, and significant savings—all integrated into a secure wallet.
As the landscape of cryptocurrency continues to evolve, features like Energy represent a pivotal shift towards simplifying financial transactions for businesses of all sizes. Ultimately, BitHide is poised to lead the charge in the next frontier of digital finance, providing tools that empower users to optimize their cryptocurrency operations efficiently.
For more information, visit
BitHide's Official Website.