As we approach the date for Ethereum 2.0 upgrade, everyone is looking to buy Ethereum Classic (ETC). As Ether miners are moving on to mine ETC, the original Ethereum has had over $1.7 billion growth in market cap. And that, is only in an impressive time frame of only seven days. In the meantime, the increase in demand has pushed the price 51% higher in one week. With all the speculation and uncertainty about the ETH PoS adoption, old-school investors are betting big on ETC. In this article, we will go over how to Buy Ethereum Classic (ETC) on HiExchange platform. HiExchange provides a fully anonymous exchange platform that offers the best exchange rates, exceptional security and reliability.
What Do I Need to Buy Ethereum Classic with Payeer?
For this exchange direction, you will need a verified and active Payeer account to make the payments. Plus, you will also need to have a secure crypto wallet that supports Ethereum Classic. As for the HiExchange, all you need is an email address since no KYC (know your customer) is mandatory. Having said that, there are many advantages for those who sign up on HiExchange. By signing up, you will take part in our monthly airdrops with multiple $100 gifts!
What is Ethereum Classic (ETC)?
For the most part, Ethereum Classic is a blockchain network not that different from Ethereum. Essentially, it is an open-source blockchain platform that runs smart contracts. Back in 2016, the Ethereum was hacked and subsequently, the network was split in two. The new one that emerged became the Ethereum as we know it and the original is now Ethereum Classic.
The smart contracts are digital applications that are autonomous and self-executing saving time and resources. In that regard, Ethereum Classic offers decentralized governance utilizing smart contracts within a distributed ledger. With that, the network eliminates the need for third party involvement for example legal oversight. When the actions required from both parties in a contract are fulfilled, the contract will be completed. If not, the contract would take other actions such as penalty fees or even aborting the contract.
Considering the popularity of Ethereum, some believe that Ethereum classic is not getting enough attention. Primarily, Ethereum Classic is behind Ethereum in terms of scalability. On the other hand, Ethereum Classic (ETC) is more of a speculative cryptocurrency. As of now, there is a lot more invested into Ethereum than Ethereum Classic.
Why Buy Ethereum Classic with Payeer USD?
First and foremost, Payeer is considered an online digital wallet for better asset management. Be it crypto of fiat, the payment processor is quick, reliable and cheap. In that regard, in a short lifespan of almost 8 years, Payeer is now recognized as one of the very best amongst competitors. Payeer utilizes built-in payment services with giant financial services such as Mastercard, VISA and PayPal.
As of 2021, the Payeer has approximately 7 million users which can transfer funds to each other with extremely low fees. The strength however, lies in diversity. Payeer is far ahead of any similar platform in terms of scale of operation and diversity in supported payment methods. With more than 50 payment approaches, the Payeer wallet offers users various services in one place.
To learn more about Payeer, continue reading “What is Payeer?”.
HiExchange Does It Better!
HiExchange is an online exchange that offers everything you need from a platform.
Truthfully, it is a rare combination for an online exchange to offer anonymity, lowest exchange rates and unparalleled reliability altogether.
We respect our customer’s privacy by not asking for their personal information. The best way for anyone to protect their information is to not disclose them at all. In that regard, not having KYC or sign up is the best method.
Furthermore, the platform utilizes an automated system to determine the best exchange rates at all times. Our words sound too good? Just pay a visit to ranking websites such as BestChange and OkChanger and see for yourself.
Lastly, according to Murphy’s law “anything that can go wrong will go wrong”. To stay ahead of any problems, we offer 24/7 customer support.
How to Buy Ethereum Classic with Payeer?
Step 1
- Select Payeer USD on the “I Give” field on the left and Ethereum (ETH) on the “I Get” field on the right.
- Enter the desired amount for the exchange and wait for the site to calculate the amazing exchange rates!
- Click “Exchange”
Step 2
- Enter your Ether Wallet address and E-mail address
- Click “Exchange”
Step 3
- Read the Information
- Complete the CAPTCHA
- Click “Exchange”
Step 4
- At this point, please check the transaction information and terms and conditions carefully.
- You will be able to see the track id and HiExchange Payeer account
- Open your Payeer account, click on the account menu and copy the account number that begins by the letter “p” and paste it in the required field.
- Go back to your Payeer account and send the exchange amount to HiExchange Payeer account.
- Once you have sent the exchange amount, go to the history menu on your Payeer account and copy the operation id for the payment. Then paste the operation id in the required field.
- Kindly agree to the terms and conditions and click on “Pay Order.
Done!
When you finish the steps above, our team will process your order and send the ETC to your wallet address. The transaction may take a few minutes. In the meantime, you will have a track id to follow up on your order. Simply enter the main page and type in your track id in the specified field to see your live order status. Keep in mind that your track id is private information and you should not share it with anyone else.