Buy Solana (SOL)
How to buy Solana (SOL)
1. CREATE ACCOUNT
It’s FREE to join!Sign up is fast, secure and designed to keep your data protected.
2. DEPOSIT FUNDS
SWIFT, PayID, NPP or EFTDeposit USD, AUD or NZD using SWIFT, PayID or NPP.
3. BUY SOLANA
Low trading feesEnter the dollar amount you want to trade for Solana (SOL) and click “Buy”.
What is Solana?
Solana is a cryptocurrency and decentralised blockchain. It is a high-performance layer 1 protocol specifically designed to scale and handle high throughput. Solana aims to support the global adoption of Web 3 products to enable user-friendly apps for the world.
Like Ethereum, Solana features its own smart contracts development tool, called Programs. As an alternative to the Ethereum network, which is notorious for its scalability issues and high transaction fees; Solana offers an easy-to-use and cost-efficient computing platform for developers to build decentralised applications (dApps).
Programs (smart contracts) on Solana are written in Rust, however, the protocol can support other programming languages, including C++ and Solidity (Ethereum). It is also compatible with Substrate (Polkadot) and other third-party clients.
Solana's ability to provide scalable transactions while keeping network fees low makes it an attractive choice for new technologies. The Solana ecosystem includes Non-Fungible Tokens (NFTs), crypto games, music apps, decentralised finance (DeFi), and decentralised exchanges (DEXs).
Solana's native cryptocurrency is SOL, which is used to pay transaction fees on the Solana blockchain. People who hold SOL tokens can stake their coins and receive SOL rewards. SOL has a circulating supply of 360 million with a total market cap of 533 million.
Visit Solana’s official website to learn more about Solana.
Buy Solana (SOL) on the go
Buy and sell Solana (SOL) and other popular cryptocurrencies anywhere, anytime with the Independent Reserve app.
Frequently asked questions
The best place to buy Solana (SOL)
Lower feesTrading from 0.5% down to 0.02%
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How we treat client assets
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.
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.
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.
Independent Reserve is a 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.
Explore our features
Buy, sell and store Solana (SOL)
Trade Solana (SOL) on your mobile or your desktop.
Available on iOS and Android
Buy and sell Solana (SOL) in seconds, track your portfolio and monitor the crypto market on the go.
Dollar Cost Average (DCA) your crypto purchases using AutoTrader and AutoBuy on deposit.
Buy and sell limit orders
You have easy and advanced ways to buy and sell crypto. Order types include simple, market, limit and advanced “stop buy” and “stop sell”.
Solana (SOL) OTC desk
Our over-the-counter (OTC) trading desk offers deeper liquidity and a private, more personalised service for institutional investors and high-net-worth individuals who need to fill large orders that might be too price-disruptive on open markets at exchanges.
Whether you are looking to trade Solana or other cryptocurrencies OTC from $50,000 to $50 million, our industry-leading desk will provide you with seamless trade execution and settlement services that are discreet, secure and ultra-competitive.
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