Why Buy SOL?
Solana is a blockchain platform that launched back in 2017 and acts as a public blockchain. This means, that the platforms has control under a single entity. It is a decentralized and self-sufficient platform, making it an ideal choice for people who are looking for good profits. In addition, the platform also has an open-source code (meaning anyone can access it), contributing to its public status. It has its eponymous token with an SOL ticker.
It now ranks as one of the top cryptocurrency options for crypto enthusiasts, but how does one invest in it? Many people do not know how to buy Solona. Fortunately, we are going to cover everything related to purchasing Solona and what makes SOL a great investment opportunity in this article. So, let us begin.
Where Can I Buy Solana?
Solana is an established cryptocurrency; therefore users do not need to buy it from external sources. Companies like PancakeSwap or UniSwap are present but we suggest going for other options like CoinBase Pro
How to Safely Buy Solana?
Online Account
Popular crypto accounts still need to wait a bit to allow support for Solona currency. However, you can switch to sites like Crypto.com to buy SOL coins. All you need to do is provide an email address and password for your registered account along with some personal information. You can start investing once all that information gets verified.
Exchange Tether and Bitcoin
You can exchange any tether and Bitcoin you own in exchange for SOL. You can place your purchase as a market order and wait for the process to complete. Limit orders, on the other hand, are complete only when the currency reaches the amount you mention. Your order won’t fill if the currency doesn’t match the predicted price.
How to Change a Coin?
Online coin convertors are the best way to change your funds in a timely manner. You need to choose a protected cryptocurrency exchange account like our Kindexchange as we make it easy for you to convert your cryptocurrency in real time.
What do we suggest?
CoinBase Pro is the best place to buy Solona safely and we are going to guide you step by step on how you can purchase without endangering your finances. So, it is best to choose a reputable site like CoinBasePro to buy SOL safely, if you are thinking “where can I buy Solona” take a look at our step by step guide to do it.
- Start by accessing your CoinBasePro account
Login to your CoinBase Pro account, click on “Portfolio” and find the “Deposit” tab (which should be on the top right of your screen)
Title: Find the Deposit button
- Choose your Currency
Next, choose the currency you want to invest in exchange for SOL coins (US dollars in this case)
Title: Choose the currency
- Choose your Payment Method
Next, users need to choose if they wish to make their deposit with a bank transfer or wire transfer. Keep in mind that you need to pay $10 extra for every transaction you make (apart from the bank charges).
Title: Choose your Payment Method
- Input the amount
Choose the amount of SOL you want to buy in exchange for your money
Title: Choose your amount
You can move on to purchasing SOL once you fund your CoinBasePro account. Have a look at how you can purchase SOL.
Step By Step Instructions for Purchasing SOL
Now that you know how to fund your CoinBasePro account, it is time to buy SOL. Following are the steps you should know if you are wondering how to buy Solona coin. Have a look
- Start by selecting “Trade” and click “Select Market.”
Title: Choose the SOL-USD and complete transaction
- Click on “SOL-USD.”
- Find the “Order Form” section and click on “Buy”
- Select the SOL amount you want to buy by clicking the “Amount” option
- Click on “Place Buy Order”
Title: Select Buy Order and Complete
Conclusion
You can complete your first SOL purchase by following these easy SOL purchase steps we mentioned. We suggest investing in CoinBase over CoinBasePro as its fee is comparatively low. The Pro version, on the other hand, is ideal for professional crypto dealers.