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How to buy Solana(SOL) Guide

Updated on:  2024/04/23 17:33:17(UTC+0)
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In this tutorial, we will discuss:
Where and how to buy Solana
Alternative methods to obtain Solana
Methods to obtain Solana for free
What are the applications of Solana
Market stats to assist in determining optimal times for purchasing Solana
How to safely store your Solana
How to withdraw Solana

Where and how to buy Solana

Investing in Solana has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Solana. Here's a step-by-step guide on how to buy Solana on Bitget.

Step-by-step guide

Step 1: Create a Bitget account.

Sign up and download the Bitget app to start your journey on Bitget.

Step 2: Complete Bitget's identity verification.

Kindly verify your identity to ensure full compliance and enhance your Bitget experience.
You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Place a Solana order through any of the various payment options provided.

Credit/Debit card: For Visa/Mastercard, select Credit/Debit card and then click Add New Card in the Buy Crypto tab.
Complete your payment on Bitget AppCredit/Debit in the Buy Crypto tab of the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteCredit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Complete your payment on Bitget AppAdd a new card to complete your payment on the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteEnter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Solana order.
How to buy crypto with credit/debit card
Google Pay and Apple Pay: Turning your Google Pay and Apple Pay balance into Solana is easy and secure on Bitget. Click Buy Crypto > [Third Party] in the top navigation bar to place your Solana order.
How to buy crypto via third-party gateway
Buy Solana via bank transfer: We accept iDeal and SEPA for EUR payments, PIX for BRL payments, PayID for AUD payments, UPI for INR payments, QRIS, DANA, and OVO for IDR payments, SPEI for MXN payments, and Gcash for PHP payments. Services are provided by the AlchemyPay, Banxa, Mercuryo, and Simplex payment gateways. Select Buy Crypto > [Third Party] in the top navigation bar, then select a fiat currency to place your Solana order.
How to buy crypto on Bitget P2P
Buy Solana with your Bitget account fiat balance: You can Deposit fiat funds with Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Solana order.
Zero-fee P2P trading: With Bitget P2P, you can buy crypto with over 100 payment methods, including bank transfer, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Just place an order, pay the seller, and you'll get your crypto. Enjoy secured transactions using escrow.

Step 4:Monitor Solana in your Bitget spot account

If you've chosen to purchase Solana on Bitget, your Solana will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.
Check your Assets
Check your assets

Alternative methods to obtain Solana

In addition to purchasing Solana directly, there are numerous other ways to obtain Solana.

Convert crypto to Solana with Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to Solana. Just choose your available crypto assets, specify the amount for the Solana swap, confirm, and check Solana instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.
Bitget Convert Preview
Bitget Convert preview

Swap on-chain assets to Solana with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to Solana anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.
Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for Solana.

Methods to obtain Solana for free

Using real money to buy Solana is not the only way to obtainSolana. If you have the time to allocate, you can get Solana for free.
Learn how to earn Solana for free through the Learn2Earn promotion
Earn free Solana by inviting friends to join Bitget's Assist2Earn promotion
Receive free Solana airdrops by joining On-going challenges and promotions
All crypto airdrops and rewards can be converted to Solana through Bitget Convert, Bitget Swap, or Spot Trading.
Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Solana Price Page and bookmark them to stay updated!
Solana Price Now:
The live Solana price today is $158.25 USD with a 24-hour trading volume of $129336004.01 USD. We update our SOL to USD price in realtime. SOL is 2.40% in the last 24 hours.
Are you planning to buy SOL?
See if other users are buying SOL:
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How to buy Solana in other countries?

You can easily buy Solana (Solana) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying Solana in your preferred location:
This information is manually updated. If you come across any inaccuracies, please inform us at [email protected]. Last checked on 2024-04-23.

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What can you do with Solana?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.

Store/Hold Solana

Many users hold on to their Solana with the expectation of it increasing in value. You can store your SOL safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.


Trade Solana

You can trade Solana for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Solana trading to meet your needs.


Send Solana

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Solana online and send to anyone and anywhere with their Solana address.


Spend Solana

You can also buy goods and services with your Solana. More and more vendors and retailers accept Solana every day.


Donate Solana

Bitget Charity accepts Solana donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Solana so no one misses out on the growth made possible by blockchain.


Learn More About Solana

You can read more in-depth articles on Solana from Bitget Research and study how cryptocurrencies like Solana work on Bitget Academy

Market stats to assist in determining optimal times for purchasing Solana

Maybe you just need to know more about it. Let us briefly guide you through the most interesting Solana facts from our Bitget Academy articles. Learn why people buy Solana today!

What is Solana (SOL)?

Solana is a rising blockchain that debuted in 2017 and had its mainnet launched in 2020 with the aim to rival Ethereum. It boasts scalability with open source, fast speed, and low cost.

In 2021, Solana saw massive growth in users, dapps, and TVL. Phantom, the most popular Solana wallet, experienced a six-fold increase in the number of active users from 200,000 in August 2021 to 1.2 million in October 2021. The number of registrations for Solana’s hackathon rocketed from 1,000 in October 2020 to 13,000 in May 2021, a whopping 13 times increase. Even more impressive is the rise in TVL: from USD 135.61 million in April 2021 to USD 10.14 billion in October 2021. After only 1 year, Solana climbs to the top 6 biggest blockchain in the world in terms of total value lock (TVL).

It could gain such incredible milestones because the unique Proof of History (PoH) mechanism invented by its founder Anatoly Yakovenko allows for efficient throughput without the need for additional scaling solutions.

How Solana (SOL) Works

Solana is first and foremost a smart contracting platform that supports the development of dapps. During the past couple of years, more than 500 dapps on Solana were developed for DeFi, Web3, and NFT. The goal of Solana’s infrastructure is to eliminate performance bottlenecks, enabling a high level of scalability. That’s why the team decided to use both Proof of Stake (PoS), a proven method of validation that ensures speed and energy efficiency, and the unique Proof of History (PoH).

Solana’s Core Innovation: Proof of History

At the heart of the Solana blockchain is the consensus model known as Proof of History (PoH).

Before PoH, there are two other ways of consensus mechanism - Proof of Work (PoW) and Proof of Stake (PoS). PoW is the original method to reach consensus in blockchain, implemented in Bitcoin and Ethereum. In PoW, members of the network have to solve mathematical puzzles to validate transactions. It is often criticized for being expensive, energy-consuming, and limited scalability. As an attempt to overcome the disadvantages of PoW while maintaining the decentralization of blockchain, PoS was created and is utilized in the majority of blockchains that come after Ethereum such as BNB Chain, Terra, or Avalanche. With PoS, the validators are randomly chosen based on the amount of cryptocurrency they stake in proportion to the total staked amount of the said cryptocurrency.

In Solana’s PoS, the ledger is divided into multiple small sections and validators take turns being the lead validator according to a schedule that is randomly predetermined based on the amount of staked SOL (Solana’s native token) of the validators and the previous transactions. The lead validator at a certain time processes transactions while other validators verify the transactions and vote to confirm them. This improved PoS saves time and increases efficiency.

But with this new PoS mechanism, how can we make sure that all validators have their turns being the lead validator? This is where PoH comes into play.

In a normal hash function, any input is turned into a fixed size output. However, it is very difficult to guess the input based on the output; you practically have to try out all possible options to figure out the input. This is called Pre-image Resistance of PoH. Because of Pre-image Resistance, you can only compute hash k if you know hash k-1. In other words, it is only possible to compute the chain in series one by one. As a result, this allows everyone to trust the order of events and extreme fast verification as validators can verify all hashes in parallel with one another without having to wait for confirmation from others. Therefore, validators of the network can trustlessly exchange leadership by verifying a lead validator’s published transactions.

In conclusion, the use of PoS and PoH in Solana improves block time because event orders are determined in a trustless way and nodes can fairly switch leadership without direct communication.

How Many Solana (SOL) Tokens Are in Circulation?

SOL is the native token of the Solana network and represents a piece of ownership in the ecosystem. The SOL token is used for

(1) facilitating network governance

(2) providing network security via staking

(3) paying network fees

(4) powering dapps

Circulation Supply: 16,350,633 SOL

Current Total Supply: 488,634,933 SOL

Initial Total Supply: 500,000,000 SOL

The initial distribution of SOL tokens is as follows:

  • 15.86% to Seed Round investors
  • 2.63 to Founding Sale investors
  • 5.07% to Validator Sale investors
  • 1.84% to Strategic Sale investors
  • 1.6% to Public Auction Sale investors
  • 12.5% to team members
  • 12.5% to the Solana Foundation
  • 38% to the Community reserve fund (managed by the Solana Foundation)

How to Buy Solana (SOL)

Consider investing in Solana (SOL)? It only takes 2 minutes to create an account on Bitget and start trading SOL.

Check out the available SO L trading pairs on Bitget!

Futures market


Spot market



Related Solana Pages


Official Website

How to safely store your Solana

Many investors opt to hold onto their Solana for long-term investment. Safeguard your Solana with confidence using the Bitget Wallet, known for its industry-leading security and risk control, backed by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors. Sign up now to enjoy the perks of owning a Solana wallet at Bitget.

How to withdraw Solana with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your Solana or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.
When it comes to withdrawing the Solana you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.

How to buy Solana(SOL) Guide

How do I purchase Solana?
Nowadays, you can purchase and store Solana hassle-free on a CEX like Bitget. You can use your debit/credit card, bank transfer, or perform peer-to-peer trading to buy Solana. You can easily do it on your computer, tablet, iOS, or Android.
Can I buy US$1 worth of Solana?
In theory, Solana can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.
Can I buy US$10 of Solana?
Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.
Where else can I buy Solana?
If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.
Where is the best place to buy Solana?
The best place to buy Solana is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.
Should I buy Solana right now?
You should make a decision on purchasing or investing in Solana or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.
Cryptocurrency investment activities, including actions done to buy Solana online via Bitget, are subject to market risk. Bitget 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.