If you are looking to buy Solana with PayPal, this article will provide a step-by-step guide. Solana took the market by storm in 2020 as an Ethereum competitor. In terms of scalability it is one of the fastest blockchain networks. The network has massive institutional investors hooked in as a DeFi platform and SOL as the native token is incredibly successful. You can buy Solana with PayPal seamlessly and anonymously on HiExchange.
What is Solana?
In short, Solana is a blockchain platform for decentralized applications (DApps). The network utilizes Proof of Stake consensus algorithm. However, in a world full of PoS blockchain networks, Solana has managed to achieve some impressive figures. The network can support up to 50,000 transactions per second (TPS) and requires 400 milliseconds to build a block. With the quickly increasing number of validators currently at 1,061, the network is one of the fastest out there.
SOL is currently the 4th cryptocurrency with an astonishing $67+ billion market cap. As of November 2021, Solana has had almost 10000% growth in one year.
Continue reading “What is Solana” to learn everything about the network.
Buy with PayPal
PayPal is at this point the number one financial platform for digital currencies. In terms of security of your assets, they provide great services. As compared with a bank, keeping money in PayPal account can save you some tax payments in the future. It is widely accepted as a payment method and simply makes a lot of sense. Having enjoyed incredible returns on your SOL investment, you can easily transfer the asset to your PayPal account.
Furthermore, as of 2021, 392 million people have PayPal accounts. In terms of popularity, PayPal is by far the best.
Why Buy Solana with PayPal on HiExchange?
An ideal exchange platform must have three primary characteristics. Privacy, good exchange rates and reliability. HiExchange has worked hard to provide all three for the customers.
For privacy, the safest way to protect customer information is not asking for it at all. This might be a challenge in many aspects yet anonymity is our utmost priority. Therefore, HiExchange requires no KYC or even a sign up process.
When it comes to exchange rates, our strategy is to be as competitive as possible. HiExchange utilizes an automated system to determine the best possible exchange rates at any moment. But you don’t have to take our word for it. You can visit ranking websites such as Bestchange and OkChanger to see our rank for yourself.
Lastly, reliability does not come easy. In order to provide the best exchange services, we offer real 24/7 customer support.
Buy Solana with PayPal Step-by-Step Guide
Here are the five easy steps to make the purchase:
- Enter the homepage first, then select PayPal and Solana from the currency pairs in the first step. enter the amount you want to exchange, after that the amount of SOL you will receive will automatically calculate.
- Press Exchange and you will go to the next stage where you will enter your Solana wallet details, email, and phone number.
- One more time, click on the “Exchange” button and you will go to the next step where you will review your order.
- Complete the captcha test and click on exchange to go to the next step where you will obtain a tracking ID. Press the “Pay Order” button to go to the PayPal gateway and pay online. After you have transferred your PayPal USD to HiExchange, your order will process very quickly.
- By finishing all the steps above, our team of professionals will send the SOL to your wallet ASAP.
The exchange process does not take long. However, you can read some of our new, opinion, analysis or comedy articles on HiExchage blog while waiting.