Home > Blog > Where to buy Solana(sol)?

Today there are various ways to purchase a crypt of one kind or another. One of the most popular among both beginners and experienced traders is cryptocurrency exchanges and brokerage platforms. It is not difficult to deal with the question “Solana — how to buy” if you have a general idea of the processes taking place and get a little into the essence and features of this particular type.

Choose a crypto exchange

The first and most crucial moment is to determine, in fact, the platform through which you will exchange the crypt, its purchase. The platform should be as reliable as possible and provide guarantees for the security of personal data. Especially considering the fact that hacker attacks are often organized on such sites.

As soon as a suitable platform (exchange or broker) is selected, it is necessary:

open the start page with registration;
create an account;
pass user verification (provide all necessary documents, which is done in order to prevent fraud within this particular platform).
The platform itself can be downloaded as an application to the device that you will use most often. And you can open the site directly through the browser. Everyone chooses for himself the most convenient way to solve the question “Solana — how to buy”.


Top up your account

After the account has been successfully created, the data has been verified and your profile has become active, you can understand the basic settings of the site or application. You can make your first purchase after you top up your account in the system with fiat (familiar, not digital) money. You can do this in any convenient way from the suggested:

from any bank card (credit, debit);

through an electronic wallet system of any type;

by bank transfer;

in cash via replenishment terminals.

The list of available options may vary on different platforms. You can pay attention to this even before creating your individual profile, taking into account also the amount of commission charged for transactions in a particular system.

Place an order

It is very easy to exchange Solana(sol) for rubles further. Create an order for the purchase of crypts (specify the amount, type of currency), choose more favorable conditions. Complete the transaction by fulfilling your part of the obligations.

Where to store Solana(sol)?

The system has its own unique differences not only in the structure. They also relate to where and how to store such a crypt. There are several ways from which you can choose one or more at the same time. It is advisable to resolve this issue before you decide what Solana is — how to make money.

App Wallets (mobile wallets) are third—party applications that are used not only for storing crypts, but also for conducting various transactions. An overview of the most popular options today will allow you to choose the one that will be optimally suited for all functionality:

Coin98 — can be installed on iOS, Android. It works as a means for receiving and sending tokens, but there is no staking option here as such.

Exodus — allows you to make transactions, exchange different types of crypts between any types of wallets, including hardware. In particular, you can, for example, exchange Solana for rubles. A big plus is a really 24/7 user support service.

Solflare — can be installed on a device with any operating system. Sale, purchase, exchange, storage — all options are available. The main advantage is a very high level of guaranteed security due to the fact that keys with access to the account are stored on the user’s gadget, and not on the developer’s servers. Biometric data protection is possible.

Trust Wallet — the level of security in such a wallet depends on the capabilities of the smartphone’s operating system. In case of loss of the gadget, if the finder can unlock it, he immediately gets access to all the assets of the cryptocurrency wallet. In order to prevent such negative consequences, it is possible to launch additional protection settings, including by scanning biometric data. The staking function is not supported here.

Zelcore is an application that can be installed not only on compact devices, but also on a PC. The wallet supports a large number of cryptocurrencies. Secure storage is achieved by dispersing the asset to three addresses. You can make any transactions, as well as connect to decentralized applications. The security level and verification method are set directly by the user (login-password, code word, biometrics, two-factor mode). Information leakage through third-party servers is excluded due to hashing directly on the device.

The Solana (sol) wallets discussed above are not the only option for using and storing crypts. You can also use browser wallets, for example:

BitKeep is a classic version of a decentralized wallet;

MathWallet is a multiplatform system that seamlessly integrates into any OS without the staking function;

Solflare is actually one of the developments of the creators of the crypt in question, so it makes sense to use such Solana wallets as one of the ways.

Experienced traders and investors know that it is worth adhering to an important rule: “don’t keep all your eggs in one basket.” In accordance with this thesis, it is necessary to distribute funds and assets to different wallets. Another option is hardware systems. Their main advantage is the highest possible level of security for storing tokens. But in this case, it is worth choosing a really decent product in terms of characteristics and reliability in order to eliminate the risk of its imminent breakdown and loss of all access to personal assets.

In addition to the above methods that are used for storing and using Solana, it makes sense to consider such an option as a crypto exchange. In the exchanger Exnode.ru it is quite profitable to perform various operations, monitor current rates for various types of crypts and purchase them at the most favorable price.

Is it worth investing in Solana (sol)?
To make final conclusions about whether it is worth buying such a cryptocurrency, whether it is profitable to invest in Solana, you just need to systematize all the publicly available information about this. Here’s what we have at the moment:

Solana is a guaranteed high transaction capacity, you will get a unique data synchronization speed and reliability. This factor speaks in favor of the fact that it makes sense to buy such a crypt.

High speed of processing applications for exchange — in the conditions of current technologies, it takes even less than that of Ether, about 800 ms seconds, but subject to labeling.

Solana(sol) is a blockchain that not only processes transactions, but also allows you to deploy related projects, decentralized applications on the platform. In this regard, the Solana cryptocurrency as a system is a very serious competitor to Ethereum, and it, in turn, is second in the ranking after Bitcoin in terms of capitalization and popularity.

Solana is considered as a very attractive solution for projects and developers, as it offers a low commission threshold with a more interesting transaction processing speed.

Despite the youth of the project, it has already created a successful ecosystem network. Various wallets, oracles, DeFi projects, stablecoins are based on the Solana blockchain (sol), there is an NFT marketplace.

As for the value, it is worth noting the following fact as an argument in favor of a positive answer to the question whether it is worth investing in Solana: the exchange rate is rapidly increasing (over the past year it has increased 100 times). Thus, Solana(sol) is a worthy choice in today’s current conditions for investing, storing in order to make a profit in the long term, trading, as well as simply as a payment instrument.