Buy Solana (SOL) in New Zealand
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
Local bank transferDeposit New Zealand dollars or USD via SWIFT. Deposit AUD using PayID, NPP or EFT.
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 layer 1 protocol specifically created to improve blockchain scalability. Built for speed and high throughput, the network's ability to scale allows Solana to process faster, cheaper transactions and support a wide range of decentralised applications (dApps).
The Solana platform features built-in support for smart contracts and provides a more efficient building environment compared to Ethereum. Solana smart contracts, called Programs, make it easy for developers to build, test and deploy their own Web 3 products without needing any prior blockchain experience.
The Solana ecosystem is diverse and hosts a wide range of services that includes; gaming, Non-Fungible Tokens (NFTs), music apps, decentralised finance (DeFi), and decentralised exchanges (DEXs).
Programs (smart contracts) are written in Rust, however, the protocol can also support other programming languages, including C++ and Solidity (Ethereum) as well as other third-party clients, like Substrate (Polkadot).
The native token of Solana is SOL, which is used as a utility token to pay transaction fees on the Solana blockchain. Solana has 360 million coins in circulation and a total market cap of approximately 533 million.
Visit Solana’s official website if you would like to learn more about the Solana project.
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) in New Zealand
Lower feesTrading from 0.5% down to 0.02%
24/7 supportOur team of experts are on hand to help with any issue you might have
Voted #1Digital Currency Exchange of the Year 2019-2021
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.
AutoTrader and recurring buys
Automate your crypto investments with strategies that allow you to dollar-cost average (DCA), diversify your portfolio and buy or sell 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.