Solana is known for its high-performance blockchain, capable of processing thousands of transactions per second, making it one of the fastest blockchains in the industry.
Low Transaction Costs
Transactions on Solana are incredibly cost-efficient, often costing less than a cent, making it ideal for high-frequency trading and micro-transactions.
Ecosystem of DApps
Solana supports a wide range of decentralized applications (DApps), including DeFi platforms, NFT marketplaces, and Web3 projects, enhancing its utility and adoption.
Strong Developer Community
Solana boasts a strong developer community, continuously contributing to its ecosystem with innovative projects and solutions, ensuring ongoing growth and development.
SOL USE CASES
What Can I Do After I Buy Solana (SOL)?
Decentralized Finance (DeFi)
Participate in DeFi protocols for lending, borrowing, and earning interest on platforms like Rainfi, Jupiter, and Raydium.
Crypto Swapping
Easily swap SOL for other cryptocurrencies such as Ethereum and USDC using decentralized exchanges like Orca, Jupiter, and Saber.
Spending SOL
Spend SOL at merchants accepting crypto, or buy gift cards directly from your wallet for everyday use.
Investing and Earning
Stake SOL at Sanctum to help secure the Solana network and earn staking rewards. Provide liquidity on DeFi platforms to earn additional income.
Cross-Border Payments and Remittances
Send SOL globally quickly and at low cost, making it ideal for remittances and international payments.
For the most current information on our pricing, including crypto processing fees, swaps, and fiat on/off-ramping, please refer to our detailed pricing page here. We ensure transparent and up-to-date details to help you make informed decisions.
How quickly does KYC verification happen?
KYC verification for on/off ramp is quick, taking only a few minutes. You’ll need to provide personal information, ID documents, and a selfie.
How long does it take to receive money in my bank when I sell crypto?
The processing time varies by location. In Europe and the UK, it typically takes 1-2 working days. For transactions outside these regions, international bank transfers can take up to 3-5 working days.
Is there a limit on how much I can buy or sell?
You can purchase crypto using a card up to a limit of around $10,000. There is no minimum amount required, but there will be a minimum fee specified in the quotation.
Besides card payments, are there other ways to buy crypto?
Initially, only card payments are accepted, but soon Apple Pay, Google Pay, Bank Transfer, and more methods will be available.