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Escrow on BNB Chain

BNB Smart Chain is where a large share of exchange withdrawals land, and BEP-20 USDT is one of the most widely held stablecoins outside Ethereum. Vaultion’s contract on BNB Chain is the same v4 escrow model as Ethereum mainnet, deployed at its own address and visible on BscScan, with gas paid in BNB at a small fraction of mainnet cost.

Start an escrow

BNB Chain rail facts

NetworkBNB Smart Chain (mainnet), chain id 56
StablecoinsUSDT, USDC, DAI (BEP-20, Binance-Peg). No PYUSD.
WalletsMetaMask, Trust Wallet, Binance Web3 Wallet, Rabby and any WalletConnect wallet, set to BNB Smart Chain.
GasPaid in BNB. A full escrow, approve plus create, costs well under a dollar at normal network load.
DisputesVaultion-assisted review. No Kleros court on BNB Chain.
Challenge window12, 24 or 72 hours, chosen at creation.
Buyer review periodChosen at creation. When it ends without a dispute, the funds can be released to the seller.
FeeTiered, 4%, 3% or 2%, paid once at creation. See fees explained.
GuardianA freeze-only guardian Safe can pause a ruling but never redirect funds.
ExplorerBscScan. The escrow page links the contract and every transaction.

How a BNB Chain escrow runs

01

Create and fund

Describe the deal, name the other party, choose USDT, USDC or DAI, the amount, the buyer review period and the challenge window. Approve the token, then fund. The fee is its own transfer at creation. Both transactions are paid in BNB.

02

The seller delivers

Off-chain, as agreed. Both sides get email notifications as the escrow changes state.

03

The buyer releases, or the review period runs

Release sends the funds to the seller. If the buyer does nothing and raises no dispute, the funds can be released to the seller once the review period ends.

04

Dispute, if needed

Either side opens a dispute, both submit evidence, a Vaultion reviewer rules, and the chosen challenge window runs before the ruling is finalized. Full detail in what happens in a dispute.

05

Collect

After a ruling, finalizing credits the winner inside the contract and they collect with their own wallet.

BNB Chain or an Ethereum L2?

Arbitrum, Base and BNB Chain all run the same contract model, the same fee schedule and the same assisted dispute path. Gas is low on all three. The choice is almost entirely about where the stablecoins already are.

Choose BNB ChainWhen you or your counterparty withdrew from Binance or hold BEP-20 USDT. It is the only Vaultion network besides TRON where USDT is the default stablecoin rather than USDC.
Choose Arbitrum or BaseWhen your funds are on an Ethereum L2 already, or your counterparty is an Ethereum user who would rather not add BNB Chain to their wallet. Arbitrum carries the same three stablecoins; Base carries USDC and DAI.
Choose EthereumWhen you want Kleros arbitration, a dispute path with no reliance on Vaultion, and the amount justifies mainnet gas.

Assisted review is a trust decision

On BNB Chain a Vaultion reviewer settles disputes. It is fast and fee-less, and it means you are trusting Vaultion to rule fairly. A freeze-only guardian can pause a ruling but can never redirect funds.

Frequently asked

Which stablecoins work on BNB Chain escrow?

USDT, USDC and DAI, the BEP-20 versions that circulate on BNB Smart Chain. PYUSD is not issued on BNB Chain. The contract’s token allowlist was fixed at deployment, so no other token can be escrowed on this rail.

Is Kleros available on BNB Chain?

No. There is no Kleros court on BNB Smart Chain, so every BNB Chain escrow uses Vaultion-assisted review. That path is fee-less and not decentralized: a Vaultion reviewer rules. For Kleros, use Ethereum mainnet.

Why is BSC USDT 18 decimals?

The BEP-20 USDT, USDC and DAI on BNB Chain are Binance-Peg tokens and all use 18 decimals, unlike the 6-decimal USDT and USDC on Ethereum. You never handle this yourself: the escrow page shows plain dollar amounts and the contract reads the token’s decimals. It only matters if you verify raw values on BscScan.

Which wallet do I need?

Any EVM wallet set to BNB Smart Chain: MetaMask, Trust Wallet, Binance Web3 Wallet, Rabby or a WalletConnect wallet. You need a small amount of BNB for gas.

Do I need to bridge?

Usually not. Binance and most other exchanges withdraw USDT, USDC and DAI directly to BNB Smart Chain (BEP-20). If your stablecoins are on another network, an exchange withdrawal is normally simpler than a bridge for a single escrow.

Create an escrow on BNB Chain

Switch your wallet to BNB Smart Chain, pick USDT, USDC or DAI, and the funds lock in the contract until the deal is done.

Create an escrow