Purchasing Solana (SOL) is an excellent method to dive into the world of crypto, particularly with its quick deals and growing appeal. If you're questioning how to purchase Solana, it's quite simple and can be done through popular exchanges like Binance or MEXC.
Whether you wish to pay with a charge card, Apple Pay, Google Pay, and even other cryptocurrencies, there are lots of choices offered. In this guide, we'll reveal you the basic actions to begin, from developing an account to protecting your SOL coins.
Quick Guide on Buying Solana:
- Develop an Account: Sign up on Binance, total the KYC procedure, and validate your identity to begin Solana investing.
- Deposit Funds: Deposit funds utilizing approaches like bank transfer, debit/credit card, or crypto transfer to your Binance wallet.
- Browse Solana: Go to the “Markets” area, look for “SOL” and choose the trading set (e.g., SOL/USDT).
- Location Buy Order: Choose your order type, go into the quantity of SOL, and verify to finish the purchase.
Where to Buy Solana (SOL)?
To purchase a Solana token SOL, discovering a trusted platform that provides security, very little cost slippage, excellent liquidity, and low charges is necessary. Here's a better take a look at 2 popular central crypto exchanges where you can buy Solana quickly and safely.
1. Binance: Overall Best Exchange to Buy Solana
Binance is among the very best crypto exchanges to purchase Solana. Running in over 140 nations, it has actually developed itself as one of the most commonly readily available exchanges on the planet. It processes over 1.4 million deals per 2ndguaranteeing that you can purchase and offer Solana rapidly, even throughout high market activity.
The platform's 0.1% basic trading charge is likewise among the most affordable in the market. You can decrease expenses even further by utilizing Binance's own token, BNB, for costs. You can reduce the cost to 0.075% maker/taker if you select this choice.
Binance uses a wide variety of payment alternatives for buying Solana, consisting of credit and debit cards, bank transfers, and even peer-to-peer (P2P) payments. It's understood for its strong security functions. It uses two-factor authentication (2FA), anti-phishing code, withdrawal address whitelisting, and real-time tracking to keep your account and funds safe. The exchange likewise provides a $1 billion SAFU fund for insurance coverage.
For more information, read our extensive evaluation of the Binance exchange including its benefits and drawbacks.
2. MEXC: Buy Solana Without Fees and KYC
MEXC is another finest crypto platform for purchasing SOL tokens, specifically if you choose an exchange that does not need substantial identity confirmation (KYC) or high charges. It is called the very best zero-fee exchange and no-KYC crypto exchange. Unlike lots of other crypto exchanges that need KYC, MEXC permits you to trade without sending individual files.
