How to buy PAID Network | Buy PAID in 3 steps | Finder.com

Where to buy PAID Network

It looks like PAID may not be available to purchase on an exchange in the US.

You can still purchase PAID by using a decentralized exchange (DEX) instead. Decentralized exchanges are web applications that run on blockchains like Ethereum and allow users to trade any asset directly with one another.

Decentralized exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralized exchanges first if you’re unfamiliar.

How to purchase PAID using a decentralized exchange.
  1. Find PAID on a decentralized exchange and make sure PAID Network can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
  2. Buy ETH to trade for PAID using an exchange like
    Gemini. You will need to purchase enough ETH to swap for PAID as well as ETH to pay for transaction fees on the Ethereum network (known as gas). You can use a service like Etherscan to get an idea of how much gas fees currently cost.
  3. Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade ETH for PAID on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
  5. Wait for the transaction to finalize and the PAID tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in the US.

Best PAID Network wallets to store your PAID

You can keep your PAID on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like
    DeFi services.
  • Hardware wallets are typically considered to be the safest type of
    cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your PAID below.

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Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Is PAID Network a good investment?

Prior to investing in anything, it’s worth considering the major factors that can influence an asset’s price. In the case of PAID coins, there are a few things to think about:

  • Security issues. In March 2021, hackers minted themselves 59.4 million PAID tokens with a value of US$166 million. Security is a perennial question for any crypto project, so this raises obvious questions about the project. According to Crypto Briefing, the team has “learned the lesson” on security, and has relaunched the token with new smart contracts restoring holders’ pre-hack balances.
  • Project functions. The idea of PAID – a smart contract platform – is simple but it sits atop a sophisticated and thought-through offer that includes escrow and insurance services, as well as the dispute settlement mechanism mentioned above. Not only that, but lending is also supported, as well as decentralized coin offerings (DAICOs) and PAID’s own proprietary DEX.
  • Adoption of smart contracts. PAID’s primary offering is opening up smart contract creation to businesses that aren’t blockchain specialists. How many companies decide to turn to the blockchain and smart contracts for their spending will play a major role in the viability of PAID tokens as an investment.

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Today’s PAID Network price versus ATH

Prior to investing in anything, it’s worth considering the major factors that can influence an asset’s price. In the case of PAID coins, there are a few things to think about:

Compare today’s price of PAID Network ($0.02486871 USD) against its all-time high (ATH) price of $6.04 on April 11, 2021. The closer the bar is to 100%, the closer PAID is to reaching its ATH again.

Current price: $0.02486871

All time high: $6.04

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  1. Data by CoinGecko

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators’ websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.