Solana is one of the best-performing digital currencies of recent years – with the popular crypto asset growing by nearly 2,000% in 2021 alone. This has resulted in Solana becoming a top-10 cryptocurrency in terms of market capitalization.
If you believe that this is the right digital token for your portfolio, this guide will explain where and how to buy Solana coin in under five minutes with a regulated broker.
>>>Buy Solana Now<<<
Virtual currencies are highly volatile. Your capital is at risk.
How to Buy Solana Crypto- 4 Easy Steps
If you’re looking to buy cryptocurrency with low fees today, you’re not alone. You’ll be pleased to learN that you can buy Solana crypto right now vie the eToro platform for just $10 deposit.
Follow the quickfire guide to learn how to buy Solana (SOL) coin in a few minutes.
- Step 1: Open an eToro Account
First, open a free account on eToro.com. Enter your details when prompted. Next, verify your account by uploading a copy of your ID. - Step 2: Deposit Funds
USD deposits are fee-free at eToro, and US clients are required to fund their account with just $10. Choose from a debit/credit card, PayPal, bank wire, or any other supported payment method. - Step 3: Search for Solana Coin
To go straight to the relevant investment page, search for ‘Solana’ and click ‘Trade’. - Step 4: Buy Solana Coin
And finally, let eToro know how much money you want to invest in Solana – from $10. Click ‘Open Trade’ to confirm.
>>>Buy Solana Now<<<
Virtual currencies are highly volatile. Your capital is at risk.
Best Places to Buy Solana Today
Potential investors will need to choose where to buy Solana crypto tokens – fortunately as a top 10 crypto asset, dozens of brokers and crypto exchanges have listed this popular token.
The best place to buy Solana from our research would be via one of the leading cryptocurrency platforms reviewed below:
1. eToro – Overall Best Place to Buy Solana Coin
At the top of our list of the best places to buy Solana coin is eToro – which is a regulated online broker that was first launched in 2007. In choosing eToro, you will be able to buy Solana on a spread-only basis, which means that instead of paying conventional commissions – your fee amounts to the difference between the buy and sell price at the time of the order.
Moreover, when funding your eToro account in US dollars, no deposit fees will be charged. This is the case across all accepted deposit and withdrawal methods – which is inclusive of debit/credit cards, ACH, online banking, and domestic wires. eToro also accepts e-wallets, such as PayPal and Neteller. The minimum deposit requirement at eToro is just $10 for US and UK clients. $10 is all you need to buy Solana too, as eToro supports fractional crypto purchases.
Alongside Solana the eToro crypto platform has listed 70+ other coins. Some of the most popular cryptos invested at eToro include Bitcoin, ApeCoin, Cardano, Litecoin, Dogecoin, Ethereum, and XRP.
eToro also offers traditional asset classes, which include US, UK and foreign stocks, ETFs, forex, indices, and more. If you are interested in buying Solana but also wish to gain exposure to other digital assets, you might consider the eToro CryptoPortfolio.
This is a passive financial product that through a single investment, allows you to buy more than a dozen different cryptocurrencies at various weights. The portfolio is managed by eToro, so you won’t need to worry about research or ongoing maintenance. In terms of supported platforms, eToro allows you to buy Solana coin through its main website or via an iOS/Android app. eToro is regulated by the SEC (among other bodies) and registered with FINRA.
>>>Buy Solana Now<<<
Virtual currencies are highly volatile. Your capital is at risk.
2. Crypto.com – Simple Place to Buy Solana Coin With a Debit Card
The second best platform to buy Solana is through Crypto.com. This platform is now one of the most popular online cryptocurrency exchanges in the market. The platform strives to offer its customers a simple but cost-effective way to invest in crypto assets. In fact, once you have gone through the process of opening a Crypto.com account and verified your identity, you can then buy Solana coins with a debit card.
With both Visa and MasterCard accepted, this offers a super-convenient way to invest. In terms of fees, Crypto.com charges a commission of 2.99% to buy Solana with a debit card. With that said, the platform waivers this fee for the initial 30 days after you have opened an account. In addition to Solana, Crypto.com is home to over 250+ other digital tokens. This covers a range of small, mid, and large-cap projects – so the choice on offer is plentiful.
In addition to traditional exchange and brokerage services, Crypto.com offers a wide spectrum of other digital asset products. For instance, the platform offers a pre-paid debit card that is backed by Visa, which allows you to buy products and services online and in-store, as well as withdraw cash from an ATM. Moreover, through the Crypto.com Earn tool, you can generate interest on idle cryptocurrency investments. Crypto.com also offers a mobile wallet that supports over 110+ digital currencies.
>>>Buy Solana Now<<<
Virtual currencies are highly volatile. Your capital is at risk.
3. Coinbase – Best Site to Buy Solana Coin Today
If you’re looking for a regulated cryptocurrency platform that allows you to buy Solana coins today in a simple manner, Coinbase could be the right broker for you. Launched in 2012, this established platform has since become a NASDAQ-listed stock. With tens of millions of customers on its books, Coinbase has a great reputation in this industry.
In order to buy Solana coin at Coinbase, you first need to register an account and upload some ID. Then, you can pay for your digital tokens instantly via a Visa or MasterCard deposit. The fees to buy Solana coin with a debit or credit card amount to almost 4% at Coinbase, which is pricey. You can also transfer US dollars via ACH on a fee-free basis. Then, when the funds arrive, you will pay a commission of 1.49% to buy Solana.
Coinbase offers dozens of other digital tokens in addition to Solana, so this is a good platform for those looking to diversify. Although fees are high at Coinbase, we do like the broker for its top-notch security protocols. For instance, when you sign in to your account from a new device or IP address, you need to confirm access via an email code. Moreover, all account users need to set up two-factor authentication. 98% of client digital tokens are kept offline at all times, too.
>>>Buy Solana Now<<<
Virtual currencies are highly volatile. Your capital is at risk.
4. Binance – Buy Solana Today with Low Fees
If you’re looking for the cheapest way to buy Solana coins from the comfort of your home, you might consider Binance. This top-tier exchange is now used by over 100 million traders, not least because fees are super-competitive. That is to say, when you trade Solana against a supported digital asset – such as Bitcoin, Ethereum, BNB, or USDT, Binance will charge a commission of just 01.0%.
This low fee structure is, however, on the proviso that you have the ability to deposit funds in crypto. The reason for this is that US clients will pay a whopping 4.5% to deposit funds with a debit or credit card, and a further 0.5% to buy Solana with USD. On the other hand, Binance does allow you to deposit funds via ACH and domestic bank wire for free. Take note, while ACH withdrawals are also fee-free, domestic wires cost $15 per cash-out request.
In using the Binance US website, you will also have access to over 60 other digital currencies. This covers a good blend of large-cap blockchain assets like Bitcoin, Ethereum, and Cardano, as well as less liquid ERC-20 tokens. Irrespective of how you decide to pay for your Solana investment, Binance offers a range of storage options. This includes its very own Trust Wallet app, which also gives you access to the popular decentralized exchange PancakeSwap.
>>>Buy Solana Now<<<
Virtual currencies are highly volatile. Your capital is at risk.
What is Solana?
Solana is one of the best altcoins today in the market. Solana was launched in 2019 as a means to improve on the short fallings of legacy blockchains like Ethereum. By this, we mean offering network users a faster, cheaper, and more scalable blockchain ledger.
As a prime example, although Ethereum is the world’s second-largest cryptocurrency and the de-facto smart contract protocol of choice, only 15 transactions per second can be facilitated. This is nowhere near efficient enough to operate as a global blockchain network. In comparison, Solana can allegedly process in excess of 65,000 transactions per second.
Another reason why Solana is so popular is that the blockchain network is able to process transactions in just 2-3 seconds, while Ethereum takes 13-15 seconds. Moreover, while Ethereum is known for charging high fees when the network is busy, Solana transactions cost a tiny fraction of $0.01.
Taking these performance-driven metrics into account, many market commentators believe that Solana could one day surpass Ethereum both in terms of market capitalization and global adoption. Just like Ethereum, Solana has its own native cryptocurrency token – which is traded as SOL.
Is It Worth Buying Solana?
While Solana has dipped from its all-time high price, some crypto experts still believe Solana is a good investment and it could be one of the next crypto to explode in value. As we have seen from the price predictions, there is a good chance that the token might go as high as $200 by the end of this year.
This means that several price analysts are positive that Solana might surpass its all-time high price before the year comes to an end.
However, given Solana’s revolutionary technology, we are positive that it might be a great investment going forward. The fast-paved price momentum makes it a good long-term investment as well as a gem for day traders.
In fact, according to The Motley Fool, Solana might be crypto’s hidden gem, and only a few investors have realized its future potential. The blockchain is quickly gaining mainstream adoption, with several high-profile businesses using it for faster, secure and decentralized online transactions.
Its combination of a proof of stake and proof of history consensus algorithm makes it not only the fastest blockchains but also a much-needed utility for businesses.
The PoS mechanism means that the more money you put into the network’s liquidity pool, the more you get in the form of rewards. This alone makes Solana an attractive option for investors.
Apart from the attractiveness of its innovative technology, Solana is also proactively working to ensure that it becomes both a reliable blockchain technology for its users and a profitable asset for its investors.
For instance, in October 2020, Solana partnered with Circle, one of the biggest online payment systems, to enable faster processing of payments using the USDC stablecoin. In turn, Circle benefits from Solana’s robust ecosystem of fast payments and blockchain-based financial applications.
What is more, Digital Assets AG is now offering tokenized stocks on Solana. Tokenized stocks make it easy for investors all over the world to access the U.S. stock market and also buy fractional shares instead of whole shares.
This not only boosts the network’s credibility but also the value of its native token as it will be exposed to more use cases.
In fact, the association with the $100 trillion stock market exposes Solana to a massive potential for increasing its market share and luring more investors aboard.
So, generally, we believe Solana will make a great addition to your portfolio going forward. However, being a cryptocurrency and a highly volatile one, we don’t guarantee that you will get your money’s worth when you invest in Solana.
Another reason why you might consider buying Solana, the leading best altcoins today is that in comparison to the broader crypto markets, the digital currency continues to offer more attractive returns.
>>>Buy Solana Now<<<
Virtual currencies are highly volatile. Your capital is at risk.
Ways of Buying Solana
The best way to buy Solana is via a debit or credit card and PayPal. When using one of the top-rated brokers reviewed above, you will get to choose from the following deposit types:
Buy Solana With Credit Card or Debit Card
Once you have opened an account with a regulated online broker like eToro or Coinbase, you will then have the option to buy Solana with a credit or debit card.
In terms of the positives, this payment type allows you to invest in SOL tokens instantly, as your chosen broker will debit your card straight away and subsequently add the digital assets to your portfolio.
However, some brokers charge high fees on credit and debit card payments. For example, Coinbase charges 3.99%, while at Crypto.com – you’ll pay 2.99%. eToro, on the other hand, permits USD-backed credit and debit card deposits on a fee-free basis.
>>>Buy Solana Now<<<
Virtual currencies are highly volatile. Your capital is at risk.
Buy Solana With Paypal
If you’re wondering how to buy Solana coin with PayPal, you’ve got several options. For instance, you can complete the process at Coinbase after opening a verified account.
But, fees mirror that of credit/debit card payments at 3.99% of the transaction amount. Once again, in choosing eToro, you can buy Solana with PayPal without paying any deposit fees.
>>>Buy Solana Now<<<
Virtual currencies are highly volatile. Your capital is at risk.
How to Buy Solana Crypto – Tutorial
If you’re on the hunt for a detailed walkthrough of how to buy Solana crypto coin today in a safe and low-cost manner, whether to invest in the coin or to use it to buy the best NFTs, the steps below will explain the process with top-rated broker eToro.
Step 1: Open a Crypto Account
To get the Solana investment process started, you will first need to visit the eToro website and open an account. When you click any of the sign up buttons, a form will appear. Fill the form out by providing your contact details and full name.
When you click on the ‘Create Account’ button, additional details are required – such as your residential address, date of birth, and social security number.
>>>Buy Solana Now<<<
Virtual currencies are highly volatile. Your capital is at risk.
Step 2: Verify your Crypto Trading Account
In order to buy Solana coins at eToro with US dollars, you must first get yourself verified. This process at eToro is automated, meaning that as soon as you upload the required documents – you shouldn’t need to wait more than 1-2 minutes.
To verify your identity, upload a clear copy of a state ID card, passport, or driver’s license. For proof of your residency status, choose from a bank account statement or utility bill.
Step 3: Deposit Some Funds
You will need to deposit a minimum of $10 into your eToro account before you can buy Solana coins. The number of supported payment methods at eToro is extensive, which includes the likes of Visa, MasterCard, and ACH.
E-wallets like PayPal and Neteller are also supported. No fees will be charged on your chosen deposit method as long as the respective payment type is denominated in US dollars.
Step 4: Search for Solana
You will see a search box at the top of the eToro dashboard. Here, you can start to type ‘Solana’.
eToro will then populate Solana from the drop-down list of relevant markets. When you see Solana, click on ‘Trade’.
Step 5: Buy Solana Coin
Now it’s just a case of letting eToro know how much capital you are looking to invest in Solana. This can be any USD amount from $10 upwards.
In our example above, we are looking to buy $50 worth of Solana. To confirm your investment – click on ‘Open Trade’.
>>>Buy Solana Now<<<
Virtual currencies are highly volatile. Your capital is at risk.
Conclusion
Solana is one of the top cryptocurrencies to invest in today – with the project’s underlying blockchain offering super-cheap transactions at a highly scalable level.
If you’re looking to buy and add Solana crypto to your portfolio right now – the process takes just five minutes at SEC-regulated provider eToro. You can pay for your Solana tokens instantly and fee-free with a debit/credit card or e-wallet, and eToro requires a minimum capital outlay of just $10.
>>>Buy Solana Now<<<
Virtual currencies are highly volatile. Your capital is at risk.
FAQs on Buying Solana
Where can I buy Solana crypto?
eToro is one of the best places to buy Solana, as the broker is fully regulated and permits spread-only Solana investments.
Where is the best place to buy Solana?
After reviewing a number of leading cryptocurrency exchanges and platforms, we found that eToro offers the best way to buy Solana. It takes just minutes to set up a verified trading account and you can pay for your Solana tokens with a debit/credit card, e-wallet, or bank transfer.
>>>Buy Solana Now<<<
Virtual currencies are highly volatile. Your capital is at risk.