Buy Solana
with PayPal

PayPal is an online money transfer service that allows users to create virtual or electronic accounts and use these accounts in a safe, fast, and easy-to-use network. Using PayPal, people can transfer money or buy and sell products on the Internet. Both individuals and legal entities can use PayPal services. Our exchange also benefits from this payment platform and integrates its service for a better customer crypto-trading experience. Some of the major values of using PayPal payment services are;

• The PayPal payment method is easy to work with, it is user-friendly and simple. 
• It uses a highly advanced anti-fraud system that increases the security of this platform.
• Anyone can make a PayPal account easily and benefit from its services.

To decide if buying solana is a good investment, first, take a look at its history. The official token of Solana, called SOL, was released in April 2020 with a price of $0.79 per coin. In only one year, its price mounted to $260 in November 2021. It was one of the most profitable investments for people who had bought this coin at its debut. However, like any other coin on the market, Solana had fluctuations too. Although it couldn’t reach higher than $260, it became stable for a while at the price of $30 in 2022. Solana had a drop to $12 in November 2022. 

Although no one can guarantee a positive future for any cryptocurrency, many experts believe that the updates on the Solana roadmap may affect its future. Analysts have predicted the future of Solana for upcoming years and believe this coin may reach $70 by the end of 2030. Most of the experts in this field also claim it is better to think about a long-term investment while buying Solana. However, you should be aware that any incident may affect the future of a coin. Therefore, if you are a beginner in this world, it’s recommended to avoid putting all your money on a coin.

Basically anyone. By creating a PayPal account, you can benefit from using its services when purchasing crypto through our exchange. To purchase cryptocurrency using PayPal, you don't need to be an expert. There are only a few steps involved in the purchase process, which is easy to understand and very quick. For beginners who are just entering the world of crypto, using the PayPal payment method through our exchange may be one of the most practical methods, and for frequent users, one of the most convenient ones.

Solana is the name of the blockchain created in 2017. Very soon after its release, it became one of the fastest blockchain networks with 2700 transactions per second. This feature made Solana very popular among people in the cryptocurrency world. To make the network more efficient, like the Cardano network, Solana also uses the proof-of-stake (PoS) technology, which also helps the network become more sustainable and scalable than the previous blockchains. Fast transactions, low fees, and low environmental impact are the benefits of the Solana blockchain.

Every blockchain has a native coin that can be used as an investment or a digital asset. SOL was released in 2020 as the official token of the Solana network. You can use it to create smart contracts, buy online products, and as an NFT trader. SOL has a market cap of $66 billion, which makes it the 5th largest cryptocurrency by market capitalization. A high market cap implies that the asset is highly valued by the market. The total supply of SOL was 530 million tokens in October 2022, and 67% of Solana’s supply is currently in circulation. Investing in Solana means buying SOL tokens, keeping them in a wallet until its price rises, and then selling the tokens on the blockchain.

By using the PayPal payment method through our exchange, your crypto transactions can happen very quickly because of its straightforward and easy interface. How quickly you buy or sell cryptocurrency in this world has a significant impact on the value you receive. Many of our exchange users choose to use this method to buy cryptocurrency instantly since it’s easy to have a PayPal account and a well-known secure method.

First, you’ll need to set up a PayPal account. Then you can easily use our exchange to buy any cryptocurrency you want and pay for it through your PayPal balance with easy steps. You should log on to your account on Blocktrade.com. Choose the cryptocurrency you want to buy. Enter the amount of cryptocurrency to purchase and select adding up the balance through PayPal, to complete your cryptocurrency purchase. 

As mentioned in the history of Solana, its price had many ups and downs. It had the highest price of $260, and the lowest price was $11 in November 2022. This price drop was due to the network hack on August 3, 2022. An attack occurred on some of the decentralized wallet apps that worked with the Solana network, and almost 8000 wallets were hacked, and an estimated amount of $8 million SOL was drained. It was the bad news that made SOL's price fall to its lowest price.
This story may make you think that Solana is not reliable and safe, but that’s not true. Using PoS and PoH concepts has made this network so secure. However, the world of cryptocurrency is not 100% protected from hackers. However, you should always care about what wallet you choose to hold your coins. Generally, hardware wallets are more secure than software wallets and mobile apps. Therefore, if you want to invest in Solana and are concerned about its security, choose a hardware wallet to keep your investment more secure. If you want to invest in a more secure blockchain, you can consider Cardano as a better alternative to Solana.