Description-Exchange PayPal to Ethereum (ETH): step-by-step guide.
Today, Ethereum is the second most valuable cryptocurrency, they are in demand, provide their owners with a lot of advantages, are strengthening and confidently growing in price, and according to experts, the forecasts for ether are the most promising. It is for this reason that many owners of electronic money from other systems often decide to transfer their savings to Ether cryptocurrency. It’s not difficult to do this today; you can see this by looking at the procedure using the example of the PayPal-Ethereum exchange.
Choosing a service to exchange PayPal to Ethereum
To convert one cryptocurrency to another, you will need the help of special exchange services. There are quite a few of them working on the Internet; the fastest way to exchange PayPal for Ethereum (ETH) is at www.bestchange.com/paypal-usd-to-ethereum.html. This link leads to a free monitoring resource that monitors cryptocurrency exchange rates and operating conditions of exchange resources. Plus, it provides the opportunity to perform such operations with maximum benefit and complete security.
Working on the bestchange portal is simple monitor of exchangers, it has a convenient and intuitive interface, you can contact the administration at any time (if problems, difficulties, or questions arise). So, having visited the site, we proceed as follows:
- on the left side of the screen we see a table with lists of cryptocurrencies, in it you need to note the direction of exchange (in our case PayPal – Ethereum);
- the system will generate a list of exchange offices currently working with this currency pair, indicating the rates established in the services;
- We carefully study the rates, pay attention to the reserve of the exchanger, look at the notes (they may indicate that an additional transaction fee is charged at this point, there are restrictions on what mode the service operates in (automatic, manual);
- You can pay special attention to reviews, so you can find out if other users have encountered problems when accessing the service you are interested in.
It is worth noting that only real exchange services are presented on the monitoring portal; there cannot be scammers or dummies here, and this is your safety.
After choosing an exchanger, you need to click on its name in the table, and the system will redirect to the selected site.
Algorithm for exchanging PayPal to Ethereum
Having gone to the exchanger’s website, you need to double-check whether the exchange rate is suitable for you (to do this, enter the amount to be given in the preliminary calculation fields, for example, in PayPal USD – in parallel, the one that will be credited to the Ethereum wallet is displayed). This point should not be ignored in order to know for sure whether there are any additional commissions and how much you will ultimately receive after the exchange.
If everything suits, then fill out the application, for this we enter:
- amount in PayPal, indicate the account number from which the withdrawal will be made;
- the amount in Ethereum and the account number to which the funds will need to be transferred after the exchange;
- personal data (those needed to complete the transaction);
- We study the terms of cooperation and mark our agreement with them (we do not ignore this action, since many additional conditions may be specified in the agreement, for example, a fee for a refund if there is insufficient foreign currency reserve for the transaction or for errors when entering data, etc. .);
- We expect to receive instructions by e-mail from the administration of the exchanger regarding further actions (they depend on the mode in which the service operates – manual, automatic);
- as soon as all actions are completed, the system will transfer to a page providing information about the status of the application, where you can track the status of the transaction and its completion.
To avoid unpleasant “surprises”, you should carefully study all the information regarding the operation of the exchanger. Be sure to pay attention to your cryptocurrency reserves, because even if there are no return fees, your PayPal USD may simply get stuck in the exchange service www.bestchange.com/wiki/article-paypal.html. Do not forget to double-check the correctness of the entered data, because… It is not always possible to return money that went to the wrong address, even for a certain percentage.
