Sell Solana in Australia (SOL)
How to sell Solana in Australia
Register, deposit and sell in 5 minutes
1. Create account
Securely create your personal, SMSF or business account and verify your identity.
2. Deposit
Instantly deposit Solana and other crypto assets 24/7.
3. Sell Solana (SOL)
Place a market or limit sell order. Alternatively, use our OTC desk for high-value trades.
There are multiple ways to sell
Market sell
Limit sell
OTC sell
Auto & API sell
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Create a personal, SMSF or business account. Access the award-winning platform 24/7 using the website or mobile app.
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Access the cryptocurrency market 24/7. Instant AUD deposits and withdrawals to and from your bank account.
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Trading fees start at 0.5% and go down to 0.02%. Free EFT bank withdrawals. Low fees apply to instant, crypto and SWIFT withdrawals.
Multi-currency trading
Buy and sell Solana and other popular cryptocurrencies with AUD, NZD, or USD.
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Buy, sell and track your cryptocurrency portfolio, anywhere and anytime with the Independent Reserve app.
Awards & Recognition
Join over 300,000 happy customers
As someone who has integrated to over 20 crypto exchanges via their APIs, I can say Independent Reserve has the best API documentation by far.
Their customer support is also excellent which is something most exchanges sadly lack these days.
Nick AddisonConsenSysI organise and host blockchain meetups and conferences and am always hearing very positive things when it comes to Independent Reserve which is why I always recommend them.
They are by far the most trusted crypto exchange in Australia for consumer trading as well as institutional investment, and offer a great 'open order book' unlike most other Australia exchanges.
Lucas CullenBlockchain developerI find Independent Reserve to be one of the easiest, smoothest cryptocurrency exchanges that I use.
The client onboarding process was simple, it is easy to deposit funds and I particularly like the transparency of market depth and speed of execution.
Claire Wivell PlaterManaging Director, The Fold Legal Pty Ltd
Protecting your assets is our top priority
No commingling of customer funds: we keep client assets completely separate from our own.
1:1 reserves
We maintain a full 1:1 reserve of all client fiat and crypto assets.
We hold the vast majority of crypto assets in secure offline cold storage, protected in underground vaults with maximum security.
Audited
Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to undertake an annual audit of our financial statements in accordance with Australian Accounting Standards. This includes verification of all fiat and crypto balances held in custody on behalf of clients.
Segregated funds
We do not commingle customer funds. We maintain complete segregation of all client assets to ensure that when you need to make a withdrawal you can.
We keep your assets safe. That is our promise.
Sole custodian
Independent Reserve is the sole custodian of all crypto assets held on our platform. Custody is managed in Australia and we do not use any third party custodians.
We adhere to industry best practices and never lend, trade or reinvest your assets.
What is Solana (SOL)?
Solana is a high-performance layer-one protocol built for scalability and high throughput. With a focus on fast speeds and low transaction fees, the network was specifically designed to support high-use applications.
Solana aims to solve the congestion issues currently choking the Ethereum network by providing an alternative computing platform that also offers smart contracts. Like Ethereum, Solana is both a cryptocurrency and a blockchain that allows developers to build decentralised applications (dApps).
It is not necessary to have blockchain experience or knowledge of smart contracts to begin building on Solana. Programs is Solana’s smart contracts development tool. Rust C and C++ are used to write programs on Solana that are deployed on-chain. The protocol also supports other programming languages and is compatible with third-party clients including Solidity (Ethereum) and Substrate (Polkadot).
Solana’s ability to scale combined with its low network fees makes it an attractive choice for many new play-to-earn Web3 apps and crypto games. The Solana ecosystem, however, boasts a diverse and expansive range of products that extends way beyond gaming to include; NFTs, music apps, decentralised finance (DeFi) and even decentralised exchanges (DEXs).
The native token of the Solana blockchain is SOL, which is used as a utility token to pay for transactions on the network. SOL token holders can also stake their SOL and receive rewards. At the time of writing, Solana (SOL) has a circulating supply of 360 million coins and a total supply of approximately 533 million.
To learn more about Solana you can visit Solana’s official website.
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