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How to buy Solana (SOL)

Binance is the best place to buy, sell, trade, and hold SOL easily. Signing up for a Binance account will allow you to buy, sell, and hold cryptocurrency.
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What is Solana (SOL)

Solana is a Proof of Stake, third-generation blockchain founded in 2017 by Anatoly Yakovenko. The network is attempting to achieve some of the fastest transaction processing times in the industry through its unique Proof of History mechanism. By combining Proof of History with Proof of Stake, the network claims to process up to 50,000 transactions per second.

Solana hashes all transactions in a linear process, making an easily verifiable order to network activity. This feature removes the need for a timestamp and other validators to confirm that the time of the transactions is legitimate.

The network uses its native token SOL for transactions fees and staking. Solana burns 50% of the SOL in each transaction fee as part of its deflationary model. SOL holders can also become network validators and contribute to the running of the blockchain.

How to buy Solana

Buy Solana with Bank Transfer
Buy stablecoins listed on Binance by wiring money from your account to the providers of these coins. Then, use these stablecoins to buy Solana on Binance exchange.
Trade Solana
Binance supports the deposit of more than 300 cryptocurrencies, several of which you can exchange for Solana at some of the best rates in the market.
Buy Solana with Credit Card
You can directly purchase Solana with credit card or debit card on Binance. We offer the best route to buy Solana using Visa or MasterCard.

Buy and sell SOL on the Move

Download the Binance crypto trading app and trade your SOL plus 300+ cryptocurrencies, anytime and anywhere.
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Binance: Where The World Trades Solana

Binance’s world-class matching engine supports up to 1,400,000 orders per second. This ensures that your crypto trading experience is quick and reliable.
Trading crypto on Binance is easy and intuitive. You only need a few steps to buy Solana instantly.
Secure & Trusted
Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and SAFU (Secure Assets Fund for Users) insurance fund protect your account.
Binance is the world’s most liquid cryptocurrency exchange, with the biggest volumes across multiple crypto pairs.

What to Do After I Buy Solana

Store/Hold Solana
Many users hold on to their Solana with the expectation of it increasing in value. You can store your Solana safely on your Binance wallet or on our crypto wallet app Trust Wallet, the most user-friendly and secure mobile wallet.
Trade Solana
You can trade Solana for 300+ cryptocurrencies on Binance’s industry-leading, fast, and secure trading platform. Binance offers many trading pairs for Solana trading to meet your needs.
Earn Solana
Earn Rewards by staking coins. Staking is a great way to maximize your holdings in staking coins that would otherwise be sitting in a wallet or trading account.
Learn More About Solana
You can read more in-depth articles on Solana and study how cryptocurrencies like Solana work on Binance Academy

Start buying SOL

If you’re ready to take the next step and want to buy some Solana, take the next step with Binance!
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Cryptocurrency investment activities, including actions done to buy Solana online via Binance, are subject to market risk. Binance provides easy and convenient ways for you to buy Solana instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Solana purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.