cryptocoin.com As we reported, two of the largest digital wallet providers, namely Skrill and Neteller, will enable millions of their customers to buy and sell Solana’s native token SOL. This addition comes amid the rapid rise of the Blockchain project in terms of adoption and the price increase of SOL recently. Although the altcoin has been on the decline since the beginning of the year, considering that it actually entered 2021 at about $ 1.5, with the subsequent market-wide bull run, it has increased by a factor of 10 in about a month. After a brief pullback, SOL resumed its price increase and hit a new high of $60 in mid-May when the entire market was green. At the time of writing, it was trading at $160.
Altcoin project is now on Skrill and Neteller
The announcement explained that in addition to allowing customers to interact with SOL, both companies will provide direct quotes due to the crypto integration services of Paysafe, the company that operates Neteller and Skrill. The statement added that the decision comes after the significant growth of the Blockchain project, which has become the home of many DeFi and NFT protocols.
Now Skrill and Neteller users will be able to manage their Solana portfolio directly from within the app, similar to what they can do with any of the nearly 40 digital assets available to them. Some of these include Bitcoin, Ethereum, Uniswap, Chainlink and more. Customers can set up price alerts, as well as automatic and/or recurring purchases, to receive notifications of major movements. The statement explained that this new presentation is live in many regions, including Europe, Asia and Latin America, but not yet in the United States. Head of Crypto at Skrill and Neteller commented:
Solana is a very exciting addition to our growing crypto offering for both Skrill and Neteller; It is growing rapidly, not only in value, but also in terms of developer attention and the variety of projects built on it. With its high performance and ecosystem support, we believe many of our users will be excited about the opportunity to buy and sell this currency.
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