SPACE ID Payment ID is a new feature that makes it super easy to send and receive crypto — just like sending an email.
Instead of using long, confusing wallet addresses like this:
You can now receive crypto using a simple name like:
This is called your Payment ID. It knows where to send the money — to the right wallet or exchange address you’ve connected.
🔁 Real-Life example
Your friend wants to send you USDT. Instead of asking:
- “What’s your ETH address?”
- “Do you have a Binance account?”
You just say:
Done. The system automatically routes the payment to your Binance wallet address.
📛 What's the Difference Between Domain Name and Payment ID?
SPACE ID gives you two cool ways to simplify your crypto life:
- Domain Name — like
nilah.bnb - Payment ID — like
nilah@binance
They might look similar, but they work in different ways.
- Domain Name is your Web3 identity. It replaces long wallet addresses and can be used for crypto transfers, logging into dApps, and showing your name across Web3.
- Payment ID is like a smart tag for your exchange and wallet addresses. It's made to receive crypto easily from any chain, even if you’re using a CEX like Binance or a wallet like MetaMask.
🔍 Key Differences
| Feature | Domain Name (nilah.bnb) |
Payment ID (nilah@binance) |
|---|---|---|
| Receive crypto | ✅ Works across multiple chains | ✅ Works across chains & exchanges |
| Exchange support | ❌ No | ✅ Yes |
| Login to Web3 apps (dApps) | ✅ Yes | ❌ Not supported |
| Show your Web3 name publicly | ✅ Yes (your Web3 identity) | ❌ Hidden, used only for sending funds |
| Multiple addresses per platform | ❌ No – Only one address for all chains | ✅ Yes – One per platform (e.g. Binance, OKX) |
| Custom address per exchange/wallet | ❌ Not supported | ✅ Yes, e.g. nilah@binance, nilah@metamask |
| Multiple wallets support | ✅ Yes | ❌ Only Metamask via snap |
| Looks like | nilah.bnb |
nilah@binance |
💡 Think of it like this:
- nilah.bnb = Your Web3 identity (like your domain name)
- nilah@binance = Your payment link for Binance
- nilah@metamask = Your payment link for your personal wallet
- nilah@okx = Your OKX address
✅ Why Use Payment ID?
- 🔗 One name for all your wallets and exchanges
- ✅ Easy to share — looks like an email
- 🔁 Supports all major chains and CEXs
- 🛡️ Reduces mistakes and lost funds
- 📩 Works even if you only have email (ZK Email)
✨ Final Thoughts
With SPACE ID, your identity is simple, smart, and safe, Whether you're deep in crypto or just starting, SPACE ID makes sending and receiving crypto as easy as sending an email.