If you’re looking for a platform to exchange Ethereum Classic to PayPal, HiExchange is the one! You can exchange all cryptocurrencies on the platform with the lowest exchange fees with total anonymity. Furthermore, all transactions are backed by 24/7 customer support. Ethereum Classic is the original Ethereum blockchain that was split in two in 2016. It is still considered as a solid open-source smart contracts blockchain platform. The native token ETC is still a good investment option in 2022. Stick around as we go over how to exchange Ethereum Classic to PayPal without paying sky-rocketing fees.
Head Over to HiExchange to get started.
What is Ethereum Classic?
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.
On a bright side, Ethereum Classic offers lower gas fees as compared with Ethereum. As of January 26, 2022, ETC is 38th in the ranks with a total market cap of over $3 billion.
Why Exchange Ethereum Classic to PayPal?
PayPal is an online trade company that, through online transfers, facilitates payments between parties. Its system allows clients to set up an account on its platform that is linked to the user’s credit card or checking account. Upon confirmation of identification and proof of funds, through the website or application of the company, users can begin sending or receiving payments online to and from other PayPal accounts.
As mentioned above, in order to transfer money to others using the receiver’s email address or mobile phone number, PayPal account holders can use the website or mobile application of the company. Within only a matter of minutes, transactions go through and the company promises that transfers are immediately available for payment or withdrawal to a bank account.
The ease of use and the wide acceptance makes the exchange cryptocurrencies to PayPal one of the best options when you need some cash to spend online.
Regardless, you can also exchange Ethereum Classic to Perfect Money, Webmoney and Payeer.
HiExchange Platform
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 Exchange Ethereum Classic to PayPal?
- Enter the Homepage on HiExchange. Select Ethereum Classic on the left field and PayPal on the right one. Enter the exchange amount and wait for the rates to apply.
- Click on Exchange and you go to the next step where you will need to enter your PayPal account details, Ethereum Classic wallet address, email, and phone number (optional).
- Click on “Exchange” one more time as you go to the next page to review your order.
- At this point, you will obtain your Tracking ID, an address and an explorer URL.
- On this step, please dedicate some time to review our terms and conditions and the instructions.
- Transfer your Ethereum Classic to the HiExchange wallet address that is provided for you.
- Finally, click on the “I’ve paid” button.
That’s it!
After finishing the steps above, our team will process your order and transfer the funds to your PayPal account. Bear in mind that PayPal payments might take a short while. In the meantime, you can read some of the latest news article on HiExchange Blog. If at any point, you have any questions or problems, feel free to contact the support team 24/7 via the live chat section on the website.
