Sell Solana in Singapore (SOL)
How to sell Solana in Singapore
Register, deposit and sell in 5 minutes
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1. Create account
Securely register your personal, or business account and verify your identity.
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2. Deposit
Instantly deposit Solana and other crypto assets 24/7.
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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 or business account. Access the award-winning platform 24/7 using the website or mobile app.
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Instant deposits and withdrawals
Access the cryptocurrency market 24/7. Instant SGD deposits with PayNow or FAST, and instant SGD withdrawals using FAST.
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Low fees
Trading fees start at 0.5% and go down to 0.02%. Low fees apply to instant, crypto and SWIFT withdrawals.
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Multi-currency trading
Buy and sell Solana and other popular cryptocurrencies with SGD or USD.
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Sell Solana on the go
Buy, sell and track your cryptocurrency portfolio, anywhere and anytime with the Independent Reserve app.
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No commingling of customer funds: we keep client assets completely separate from our own.
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We maintain a full 1:1 reserve of all client fiat and digital assets.
We hold the vast majority of digital assets in secure offline cold storage protected in underground vaults with maximum security.
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We are the first crypto exchange to be licensed by MAS.
Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to verify our holdings with annual audits of our financial statements. 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.
Single purpose asset utilisation
We do not engage in any lending, borrowing or rehypothecation of assets (i.e. pledging assets as collateral for debt).
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What is Solana (SOL)?
Solana is a powerful layer-one protocol built for fast speeds and low transaction fees. The network is made to scale and can handle high throughput to enable the next generation of user-friendly Web3 applications.
Solana is a computing platform that supports smart contracts and provides developers with an alternative building environment to Ethereum. It was specifically created to improve blockchain scalability issues, and offer fast and cheap transactions for users. Like Ethereum, Solana is both a cryptocurrency and decentralised blockchain network.
Programs is Solana's smart contract development tool, which allows users to build decentralised applications (dApps) without any blockchain experience. Rust is the native programming language used to write programs on Solana, however, the protocol also supports C, C++, Solidity (Ethereum) and is compatible with Substrate (Polkadot) and other third-party clients.
The Solana ecosystem is diverse. The network’s ability to process a large volume of transactions at once, combined with its low fees makes it appealing for many new blockchain-based projects, including; NFT marketplaces, gaming, music, decentralised finance (DeFi) and decentralised exchanges (DEXs).
SOL is the native token of the Solana blockchain and is used to pay for transactions on the network. People who have SOL tokens can also stake SOL to receive rewards. At the time of writing, there are 360 million coins in circulation with a total supply of approximately 533 million.
Learn more about Solana by visiting Solana’s official website.
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