NETELLER and Skrill users can now transact in Solana

Users of Skrill and NETELLER can now purchase, exchange, and sell Solana (SOL/USD), one of the top performing smart contract blockchains and one of the highest rated cryptocurrencies on the market, Invezz learned from a press release.

They can also buy or sell Solana directly for fiat thanks to an integration from Paysafe, the premier payments platform, to the Skrill and NETELLER cryptocurrency services.

Solana is optimized for fast networking and parallel processing

Solana is a blockchain platform based on PoS (Proof of Stake) with an active ecosystem of DeFi and NFT projects. Its focus is on high optimisation for rapid networking and parallel processing and is capable of processing 50,000 transactions per second without compromising its decentralisation.

Jordan Stoev, Head of Crypto, Skrill and NETELLER, at Paysafe said:

Users can set up custom price alerts and recurring purchases

NETELLER and Skrill users have the option to manage their Solana portfolio directly in-app. They can set up recurring and automated purchases as well as custom price alerts to notify them of major shifts, as with the other 37 cryptocurrencies available on Skrill and NETELLER.

Users residing in all countries where Skrill and NETELLER currently offer cryptocurrency services are eligible for Solana wallets. These are countries in Europe, Asia, and Latin America.

Stoev added: