Here’s the deal, SHIB was a better investment in 2020 and 2021 than 99.9% of all business ventures. Certainly, the memecoin helped many investors buy Lamborghinis and pay off their mortgage. You can instantly exchange Shiba Inu to PayPal on HiExchange without paying high exchange fees. Frankly, Shiba Inu grew in popularity overnight as a Dogecoin competitor and is still a tempting option. Stay with us as we go over what it is and how to exchange Shiba Inu to PayPal on the HiExchange platform.
What is Shiba Inu?
The Shiba Inu or as shown in currency codes as SHIB, is a ERC20 token based on the Ethereum network. One might think of it as a shameless copy of the Dogecoin since both refer to the indigenous Japanese breed of dog Shiba Inu, yet SHIB`s achievements are serious!
Besides being an Ethereum-Based memcoin and a direct competitor for Dogecoin, what is Shiba Inu? According to the official website, SHIB is an “experiment in decentralized spontaneous community building,” and is the first of many planned dog-themed coins, as a token, it fuels the fire for the whole ecosystem. Also it is the first enlisted in ShibaSwap, the decentralized exchange for cryptocurrency. Developers state that half of the resources within the Uniswap protocol and the other half has been burned, meaning that there are no whales controlling the market behind the curtains. LEASH is another released token, though in limited quantities, it has experienced great earnings. Also BONES is set to be released as the Dogecoin killer in the decentralized ShibaSwap. There will even be a token by the name of Woofpaper, that the developers will provide details for in the future.
The unknown developers have mined a total of 1 quadrillion SHIBs and have sent more than half to Ethereum founder Vitalik Buterin. The developers view these tokens as burned or off market with the hopes of boosting the trade value, yet Buterin still has access to the tokens and has not burned them yet.
To learn everything about the cryptocurrency, continue reading “What is Shiba Inu?”
Why Exchange Shiba Inu 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 in link 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 Shiba Inu to Perfect Money, Webmoney and Payeer.
HiExchange to the Moon!
Essentially, you need three primary qualities in an ideal exchange platform. Anonymity, good rates and reliability. The HiExchange team consists of traders and professionals who have felt the need for an ideal exchange and pursued their vision.
First and foremost, all users need to protect their personal information especially when it comes down to financial transactions. Unfortunately, a vast majority of exchange apps and platforms make massive profits off of selling user data. Best case scenario, they are legally bound to disclose user information with national authorities for any reason. In that regard, the best method to protect your privacy is to not disclose them with anyone at all. HiExchange does not require customers to go through KYC (know your customer) or even a mandatory sign up. In that regard, it is simply as safe as one can get making an exchange.
On the other hand, privacy is not a reason to pay more on your exchange. With that in mind, the platform offers some of the most competitive exchange rates you can find anywhere. Don’t take our word for it. You can simply pay a visit to ranking websites such as BestChange or OkChanger and see compare our rates with others.
Last but not least, not everything goes as planned in the digital world. Subsequently, the platform provides true online 24/7 customer support for the users.
How to Exchange Shiba Inu to PayPal?
- Enter the Homepage on HiExchange. Select Shiba Inu 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 Shiba Inu to the HiExchange wallet address that is provided for you.
- Finally, click on the “I’ve paid” button.
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.