Buying Solana with PayPal: a 72-hour lock and a minimum balance nobody mentions

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.PayPal does not deal in crypto assets in Germany, yet it works as a deposit route at an exchange. What the detour costs, why the SOL are stuck for three days, and which minimum balance every Solana wallet needs.Anyone searching for “buy Solana with PayPal” is usually looking for a button in the PayPal app. In Germany there isn't one. What there is, is a detour: you top up a crypto exchange with euros from your PayPal account and buy Solana there. That detour costs you two things an ordinary bank transfer does not: a fee whose size you only see right at the end, and three days during which your SOL may not leave the exchange. With Solana two further quirks come on top, ones that Bitcoin and Ether do not have in this form. A Solana account has to keep a minimum balance, otherwise the network closes it. And anyone who wants to delegate the SOL they bought straight away waits a second time after the 72 hours. This article works through the costs of three deposit routes and shows whe...