Exchange Solana SOL to Pax Dollar USDP

You give Solana SOL
Bitcoin BTC
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Tether USDT
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USDCoin USDC
USDCoin SOL USDC
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Binance USD BEP20 BUSD
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DAI DAI
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Pax Dollar USDP
Paxos BEP20 USDP
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M10 AZN
More trading pairs
SOL    Solana
Minimum amount 1.5902 SOL  (252.49 $)
Network
Amount
E-mail
You get Pax Dollar USDP
Tether ERC20 USDT
Tether USDT
USDCoin USDC
TrueUSD TUSD
Pax Dollar USDP
Binance USD ERC20 BUSD
Tether BEP20 USDT
DAI DAI
DAI BEP20 DAI
Binance USD BEP20 BUSD
TrueUSD BEP20 TUSD
USDCoin BEP20 USDC
Paxos BEP20 USDP
Tether SOL USDT
USDCoin SOL USDC
USDCOLD TRC20 USDC
Tether POLYGON USDT
USDCoin POLYGON USDC
Tether ARBITRUM USDT
Tether TON USDT
Tether OPTIMISM USDT
Tether Avalanche C-Chain USDT
USDCoin Arbitrum One USDC
USDCoin OPTIMISM USDC
Cash RUB
T-Bank QR RUB
Sberbank QR RUB
ATM QR-code THB
Alfa-Bank RUB
Sberbank RUB
T-Bank (Tinkoff) RUB
Raiffeisen RUB
Faster Payments System RUB
Openbank RUB
Avangard RUB
Russian Standart RUB
VTB RUB
Gazprombank RUB
MKB RUB
MTS Bank RUB
Post Bank RUB
Promsvyazbank RUB
RNCB RUB
RSHB RUB
Sovcombank RUB
Rosbank RUB
Home credit RUB
Kukuruza RUB
Mir Card RUB
Visa / MasterCard RUB
UnionPay Card RUB
YooMoney RUB
Volet.com (ex. Advanced Cash) RUB
Payeer RUB
Payeer USD
Neteller USD
Skrill USD
Volet.com (ex. Advanced Cash) USD
Idram AMD
Payeer EUR
Volet.com (ex. Advanced Cash) EUR
Skrill EUR
Alipay CNY
WeChat CNY
Neteller EUR
Payoneer USD
Payoneer EUR
BLIK PLN
M10 AZN
Bitcoin BTC
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Monero XMR
Cronos CRO
Tron TRX
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Litecoin LTC
Cosmos ATOM
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Dogecoin DOGE
Dash DASH
Nem XEM
Polkadot DOT
Neo NEO
EOS EOS
IOTA IOTA
Polygon POL
Stellar XLM
Waves WAVES
Shiba Inu SHIB
0x ZRX
Terra LUNA
Qtum QTUM
Tezos XTZ
Everscale EVER
The Graph GRT
Near NEAR
Bitcoin BEP20 BTC
Ethereum BEP20 (BSC) ETH
Ripple BEP20 (BSC) XRP
Litecoin BEP20 (BSC) LTC
Uniswap UNI
Binance Coin BEP20 (BSC) BNB
Bitcoin Cash BEP20 BCH
Cardano BEP20 ADA
Stellar BEP20 XLM
EOS BEP20 EOS
ChainLink BEP20 LINK
Uniswap BEP20 UNI
Tron BEP20 TRX
Tezos BEP20 XTZ
IOTA BEP20 IOTA
Cosmos BEP20 ATOM
Zcash BEP20 ZEC
Ethereum Classic BEP20 ETC
Dogecoin BEP20 DOGE
Near BEP20 NEAR
Terra ERC20 LUNA
Polkadot BEP20 DOT
Polygon BEP20 POL
Shiba Inu BEP20 SHIB
Bitcoin ERC20 BTC
Algorand ALGO
PancakeSwap CAKE
Maker BEP20 (BSC) MKR
Avalanche AVAX
Avalanche BEP20 AVAX
yearn.finance BEP20 YFI
Decentraland MANA
TON TON
Notcoin NOT
Ethereum Arbitrum One ETH
Aptos APT
Optimism OP
Arbitrum ARB
Official Trump TRUMP
More trading pairs
ERC20    Ethereum
Network fee 15 USDP
Network
Amount to get
To address
I am sending the funds to
it is required to agree to the rules
I have read and agree with exchange rules and AML policy
it is necessary to give consent
I consent to the processing of my personal data and accept the terms of User Agreement.
We do AML checks on the funds we receive. Please read our AML policy carefully before paying for order.
Be careful! We do not accept funds from the following exchanges: Garantex, CommEx. Funds sent from these exchanges will be lost with no possibility of recovery.
Instructions: Exchange Solana SOL to Pax Dollar USDP
To make the exchange you need to perform the following steps:
1.
Fill out all the fields in the form above ↑.
2.
Read our the Terms of Service, and if you accept them, check the appropriate box.
3.
Please read and accept the User Agreement and agree to the processing of your personal information by checking the appropriate box.
4.
Press the "Start Exchange" button.
i.
When paying for an order, make sure you are not sending funds from a contract wallet. Such funds will not be credited to our account.
i.
The rate is fixed when the order is created and the customer has paid within 30 minutes after creation. If payment is not received within 30 minutes → the order is automatically deleted (payment of the order → 2 confirmation of the transaction in the Solana network).
i.
If the exchange rate of the received or given asset to the dollar on Binance changes by more than 5%, the service reserves the right to recalculate the exchange rate at the time of receipt of payment.
i.
The processing of your order begins immediately after 2 confirmations of the payment transaction in the Solana network and crediting the balance of the payment platform / exchange. If within 30 minutes after the creation of the order transaction does not receive 2 confirmations, the service reserves the right to recalculate the rate according to the Binance at the time of their be received (if the operator online). If at the time of receive of the 2 confirmation the operator is offline, the service reserves the right to recalculate the rate at the time of resumption of the operator (according to work schedule).
i.
If a transaction sent by you as a payment for an order is marked by the payment platform/exchange as a "deposit from Dark Market" or a "suspicious transaction" → processing of the order is suspended until the incident is resolved and may require the customer to verify (KYC).
i.
By making this exchange, you automatically agree to all its terms and conditions.
5.
Pay the order by transferring the exact amount to the credentials specified in the description.
6.
After making the payment → click the "I have paid" button.
i.
If the client has paid the order, but due to circumstances wants to cancel the exchange, the return of funds is minus 5% of the payment amount + commission within the payment system and the difference in the exchange rate.
7.
Wait for the transfer of funds from the service to the credentials you specified. All information and transfer status can be viewed on the page "Status of the request", which opens immediately after order was created.
i.
Note: The operator online status is required to perform the exchange (operator status is listed in the bottom right corner of the page). If you have any questions, please contact the operator with the Chat in the bottom right corner or at the addresses listed on the Contacts page.
*
The value specified in the field "Amount (including PS fee)" is approximate and may differ from the fee charged by payment system. Check the exact amount of transaction fee from the support service of the payment system.

More about currencies

Solana SOL

Introduction to Solana (SOL)

Solana (SOL) is a rapidly emerging blockchain platform renowned for its high-speed and low-cost transactions. Launched in 2017 by Anatoly Yakovenko and a dedicated team, Solana aims to address the scalability challenges faced by earlier blockchain networks like Bitcoin and Ethereum. Its goal is to enable decentralized applications (dApps) and crypto-driven financial services to operate seamlessly on a global scale. As one of the fastest-growing smart contract platforms, Solana has attracted numerous developers, investors, and innovative projects seeking to leverage its unique technological advantages.

Technical Fundamentals of Solana

At its core, Solana’s blockchain architecture is designed for maximum efficiency and throughput. Unlike traditional blockchains that often process transactions sequentially, Solana employs innovative techniques such as Proof of History (PoH), a cryptographic timestamp system that orders events efficiently. This approach allows the network to handle thousands of transactions per second (TPS) with minimal latency, often under 400 milliseconds.

The backbone of Solana’s security and functionality is built on cryptography. It utilizes high-grade cryptographic techniques to secure transactions and validate network participants, ensuring data integrity and resistance to malicious attacks. - Asymmetric cryptography protects user identities and transactions, while cryptographic hashing guarantees block integrity.

Another critical element is smart contracts, which are self-executing contracts with the terms directly embedded in code. Solana’s smart contracts are written primarily in Rust and C, compiled into programs running on its blockchain. These enable developers to build diverse decentralized applications, from decentralized finance (DeFi) platforms to NFT marketplaces. The Sealevel parallel runtime enables concurrent processing of smart contracts, dramatically boosting performance and scalability.

Applied Aspects of Solana

Solana has swiftly made a significant impact across various sectors of the blockchain industry. Its payments ecosystem offers fast and affordable transactions, attracting both individual users and merchants. The high throughput reduces transaction fees, making microtransactions viable and promoting utility in everyday payments.

In the realm of DeFi (Decentralized Finance), Solana serves as a fertile ground for innovative projects. It hosts decentralized exchanges (DEXs), lending platforms, and yield farming protocols that benefit from fast settlement times and low fees. DeFi on Solana enables users to borrow, lend, trade, and earn yields efficiently, often competing with or surpassing Ethereum-based counterparts.

Despite its technological advantages, regulatory challenges pose concerns for the broader acceptance of Solana and cryptocurrencies in general. Governments are increasingly scrutinizing digital assets, leading to discussions about compliance and legal frameworks. However, Solana’s developers and community emphasize security and transparency in designing their ecosystem, actively working to meet regulatory standards and ensure user protection.

Security has always been a focus for Solana. The network employs robust cryptographic processes and continuous security audits. Nonetheless, like other platforms, it is not immune to threats. Several network outages have occurred due to bugs or overloads, highlighting ongoing challenges in maintaining network resilience.

Future Outlook for Solana

The future of Solana appears promising, given its technological innovation and expanding ecosystem. As the demand for scalable blockchain solutions grows, Solana’s high-speed infrastructure positions it as a leading contender in the “blockchain wars.” Its ecosystem is expanding rapidly, with new projects in NFTs, gaming, and enterprise applications joining the platform regularly.

Investors and developers alike are optimistic about Solana’s potential to revolutionize decentralized finance and digital asset management. Upcoming upgrades aim to improve network stability, enhance security, and expand interoperability with other blockchains through bridges and cross-chain protocols.

Nevertheless, challenges such as network outages, competition from other high-performance chains like Avalanche and Binance Smart Chain, and regulatory hurdles remain. Strategic planning, continuous innovation, and community engagement will be vital for Solana’s long-term success.

Conclusion

Solana (SOL) stands out as a pioneering blockchain platform that combines innovative technology with practical applications across multiple sectors. Its high throughput, low fees, and versatile smart contract capabilities make it a compelling choice for developers and investors looking to leverage blockchain's full potential. While facing challenges related to security and regulation, Solana’s continued development and expanding ecosystem suggest a robust future. As blockchain technology evolves, Solana’s role in shaping decentralized finance, digital payments, and beyond is poised to grow, marking it as a significant player in the crypto landscape.


Pax Dollar USDP

Introduction

The Pax Dollar (USDP) is a prominent example of a stablecoin, a type of cryptocurrency designed to maintain a stable value by pegging it to a reserve asset, typically a fiat currency such as the US Dollar. Launched by Paxos Trust Company, USDP aims to combine the advantages of digital assets — such as fast transactions and borderless transfer capabilities — with the stability of traditional currencies. As the cryptocurrency ecosystem matures, stablecoins like USDP have gained popularity among traders, businesses, and everyday users seeking reliable digital assets that minimize volatility.

Key Characteristics

The Pax Dollar possesses several essential characteristics that make it a favored choice in the digital currency space:

  • Full Collateralization: Each USDP token is fully backed by a reserve of US Dollars held in segregated accounts, ensuring that tokens can be redeemed at a 1:1 ratio.
  • Regulatory Oversight: Paxos Trust, the issuer, is regulated by the New York State Department of Financial Services (NYDFS), providing a layer of oversight and compliance.
  • Transparency: Regular attestations and audits are conducted to verify that reserves match the circulating USDP tokens.
  • Blockchain Compatibility: USDP operates on multiple blockchain networks, including Ethereum (ERC-20 standard) and others, facilitating integration and liquidity across platforms.
  • Fast Transactions: Transactions using USDP are settled quickly, often within minutes, making it suitable for trading and transfers.

Types of Stablecoins and Where USDP Fits

Stablecoins can be broadly categorized into three types:

  • Fiat-Collateralized Stablecoins: Backed by fiat currency reserves, exemplified by USDP, Tether (USDT), and USD Coin (USDC).
  • Crypto-Collateralized Stablecoins: Backed by other cryptocurrencies, such as DAI, which rely on smart contracts to maintain stability.
  • Algorithmic Stablecoins: Use algorithms and supply adjustments to control their value, with example mechanisms that don't rely on collateral.

In this landscape, USDP belongs to the fiat-collateralized group, ensuring stability primarily through reserve-backed assets and transparent auditing practices.

Working Principle

The core working principle of USDP hinges on collateralization and redemption. When a user purchases USDP, Paxos ensures there are equivalent US Dollars held in reserve. Conversely, when a user redeems USDP tokens, they receive the equivalent amount in US Dollars. This 1:1 peg is maintained through strict reserve management and regular independent audits. The blockchain infrastructure enables real-time transfers and transparency, with all transactions recorded on distributed ledgers accessible for verification, assuring users of the token’s stability and backing.

Benefits of USDP

USDP offers numerous advantages within both traditional and digital finance landscapes:

  • Stability and Trust: Fully backed by USD reserves, making it an ideal hedge against crypto market volatility.
  • Speed and Efficiency: Cross-border transfers and transactions are processed rapidly on blockchain networks, reducing time and costs compared to traditional banking systems.
  • Regulatory Compliance: As a licensed stablecoin, USDP adheres to regulatory standards, providing assurance to institutional investors and compliant users.
  • Transparency and Security: Regular audits and blockchain security protocols safeguard user assets and ensure trustworthiness.
  • Versatility: Widely accepted across exchanges, wallets, and trading platforms, facilitating seamless commerce and trading activities.

Risks and Challenges

Despite its strengths, USDP is not without risks:

  • Regulatory Risks: Changes in legal frameworks could impact the operation or acceptance of USDP, especially with evolving cryptocurrency regulation worldwide.
  • Reserve Management: The integrity of the backing reserves depends on the issuer’s financial practices and oversight; any mismanagement could undermine confidence.
  • Counterparty Risks: While regulated, Paxos’ reliance on banking partners introduces potential vulnerabilities outside blockchain technology.
  • Market Risks: Although stable, extreme economic or geopolitical events could indirectly affect the stability or usability of USDP.

Regulation

USDP operates within a regulated framework, overseen by the New York State Department of Financial Services (NYDFS). Paxos Trust Company must comply with strict requirements, including maintaining reserve assets and conducting regular audits. This regulatory oversight enhances trust among institutional users and aligns USDP with traditional financial standards. However, ongoing regulatory developments in different jurisdictions could impact the future operation and acceptance of USDP globally.

Use Cases

USDP's versatility enables numerous applications:

  • Trading and Arbitrage: Facilitates quick trading pairs on crypto exchanges, reducing exposure to market volatility.
  • Remittances and Cross-Border Payments: Offers low-cost and fast alternative to traditional remittance services.
  • DeFi Applications: Used in decentralized finance protocols for lending, borrowing, and yield farming.
  • Merchant Payments: Businesses accept USDP as a stable means of digital payment, minimizing currency fluctuation risks.
  • Reserve Asset: Serves as a safe haven asset within crypto portfolios.

Future Outlook

The future of USDP appears promising as the adoption of stablecoins accelerates globally. Increasing institutional interest, regulatory clarity, and technological advancements could expand its use case spectrum. Potential integrations with emerging financial services, central bank digital currencies (CBDCs), and tokenization of traditional assets may further enhance the utility and stability of USDP. Challenges such as regulatory changes and competition from other stablecoins will require ongoing adaptation and innovation.

Conclusion

The Pax Dollar (USDP) stands out as a reliable, regulated, and transparent stablecoin that bridges traditional fiat currency stability with the dynamic potential of blockchain technology. Its full collateralization, regulatory oversight, and widespread acceptance make it a valuable instrument for traders, businesses, and individual users alike. While risks remain, ongoing regulatory developments and technological innovations are likely to support USDP’s growth and stability in the evolving digital economy. As stablecoins continue to reshape the financial landscape, USDP is well-positioned to be a key player in this transformation.