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:
0xF44c9A184e6C6C7F1B09e26a5B4D231DCd982B1C
You can now receive crypto using a simple name like:
nilah@binance
🔁 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:
nilah@binance Or nilah@metamask
Done. The system automatically routes the payment to your Binance / Metamask wallet address.
💡 Think of it like this:
- nilah@binance = Your Binance deposit Wallet
- nilah@metamask = Your Metamask wallet
- nilah@okx = Your OKX 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 |
✅ Why Use Payment ID?
- 🔗 A name for all your wallets and exchanges (example@binance, example@metamask etc..)
- ✅ Easy to share and remember, looks like an email
- 🔁 Supports all major chains and CEXs
- 🛡️ Reduces mistakes and lost funds
✅ Supported Wallets:
- Metamask via snap, Read more
- Enkrypt
- Gate Wallet
✨ 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.