Want to know how to exchange Solana without paying added fees? HiExchange has you covered. Unfortunately, Solana’s performance in 2022 wasn’t very positive. With that, investors are looking to convert SOL into some other less volatile assets. In this article, we will go over how to exchange Solana to Perfect Money on HiExchange platform with full anonymity and 24/7 online support.
What Do I Need to Exchange Solana to PayPal?
For this exchange, you will need a verified and active Perfect Money account. Make sure that the transaction amount does not exceed your deposit limit. On the other hand, you will have to have a reliable crypto wallet that supports Solana (SOL). As for HiExchange, all you need is an email-address since no KYC (know your customer) is necessary. However, bear in mind that there are many advantages available for those who sign up on HiExchange. Want a good reason why? How about winning $100 ever month!
Learn more about our Tether Giveaway
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.
Found in 2017 by Anatoly Yakovenko, a former Qualcomm member, along with Eric Williams and Greg Fitzgerald, the network aimed to create a more efficient and scalable platform.
The team consists of former members of companies such as Google, Apple, Microsoft, Qualcomm, Dropbox, Intel and more.
In that regard, the network is backed by many years of experience in some of the best companies around the world.
Continue reading “What is Solana” to learn everything about the network.
How to Exchange Solana and Why Perfect Money?
Perfect Money is an e-currency used for making payments on the internet. It is widely accepted as payment option by countless platforms. With Perfect Money, you can do a lot! Be it transferring funds to others or pay for goods and services. Or how about buying cryptocurrencies or even buying fiat currencies. It is a seriously popular payment method for online users. An additional capability is to loan and receipt issuance throughout the system.
The biggest downside of Perfect Money, however, is that you cannot cash Perfect money to your bank account on its website directly. For that, you will need a platform like HiExchange to exchange your Perfect Money to PayPal and other e-currencies. To learn all about Perfect money continue reading “What is Perfect Money”.
Cryptocurrencies are a financial apparatus to maximize privacy and efficiency. Sadly, regulations have been severely disrupting the market as they compromise both.
HiExchange seeks to be a platform that offers privacy and efficiency simultaneously while offering some of the most aggressive exchange rates in the market.
To make this happen, the platform does not require KYC or a sign up process. This way, all customers can easily make transactions without a possible compromise on their personal information.
However, privacy is a crucial element and not a luxury. In that regard, the platform offers some of the most competitive rates amongst all online exchanges. The rates are automatically determined utilizing an automated system and are updated as soon as change in value is detected.
Last but not least, by offering true 24/7 support, all customers will be in touch with the team in case anything goes unplanned.
How to Exchange Solana to PerfectMoney
- Enter the Homepage on HiExchange. Select Solana (SOL) on the left field and Perfect Money on the right one. Enter the exchange amount and wait for the rates to apply.
- Click on Exchange and you will be forwarded to the next step where you will need to enter your Perfect Money account details, SOL 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 Solana to the HiExchange wallet address that is provided for you.
- Finally, click on the “I’ve paid” button
When you finish the steps above, our team will process your order and send the PM USD to your wallet address. Just like that, you now know how to exchange Solana to Perfect Money. 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.