How to Buy Solana: The Easiest Way to Buy Solana

How to Buy Solana: The Easiest Way to Buy Solana
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Here are the steps for “How to Buy Solana” The Easiest Way

SOL Solana Price Prediction and Forecast: For the next 24 hours, Price of Solana is predicted to be in the range of $ 202 and $ 247. Current Recommendation is Buy. Two of the 3 momentum indicators are Positive

Solana is the fastest growing crypto ecosystem with over 400 projects spanning DeFi, NFTs, Web3 and more. Like Ethereum, Solana is a computing platform that can interact with smart contracts. Smart contracts power a wide range of applications, from NFT markets and DeFi to games and decentralized lotteries. 

How to Buy Solana Coin: Momentum Summary

Metric
Momentum
Price
Higher
Technical Indicator
Buy
Social Media Buzz Momentum
Negative

Read: SOL Solana Price Prediction And Forecast:

How to Buy Solana Coin?

Solana, the Ethereum killer is gaining with every passing day. Like most of the cryptos, Solana has similar steps to purchase. Here are are the steps for “How To Buy Solana Coins”:

  1. Finding a crypto exchange that has Solana Coins listed
  2. Create an account with the Exchange
  3. Verify your identity
  4. Fund the Wallet
  5. Make the Purchase

Finding a Crypto Exchange that has Solana Coins Listed

The very first step to buying Solana coin is to find an exchange offering Solana tokens for trade-buy and sell. There are many exchanges offering Solana coins however, one must make sure that the exchange comes with a built-in wallet. The wallet is where you will be adding the amount for trading Solana coins.

Create an account with the Exchange

Once the exchange is finalized, the next step will be to create an account with the exchange. For creating an account you will be required to enter your personal details like Name, Phone number, Email and also Bank Account details.

Verify Your Identity

Once you have created your account, you will be required to verify your id. To verify id, make sure you have your ID documents ready before you begin. In most cases, acceptable forms of ID will include a passport or driver’s license.

Fund the Wallet

Once your ID is verified, your account is activated. When your account is activated, you can deposit fiat currency. It can be the US Dollars or any of the other fiat currencies they accept. There are different methods of funding your accounts, such as bank transfers from a checking or savings account, PayPal, wire transfers, a cryptocurrency wallet or even a credit or debit card.

Make the Purchase

Once you have funded the wallet, you will now be able to purchase Solana tokens from the respective Exchanges.

Storing of Solana Tokens

After your purchase of Solana has been processed, you have to store your cryptocurrency. While some platforms will store it for you, some people opt to store their investments themselves to reduce the likelihood they will lose their crypto to a hack.

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Where to Buy Solana Token?

There are multiple platforms offering Solana tokens for trade. However, the different platforms have different ways of purchasing SOL tokens. Here is where you can buy Solana tokens:

You can purchase Solana with U.S. dollars on 

In Binance and Huobi Global, users can purchase Solana with Bitcoin (CCC:BTC-USD) or Tether (CCC:USDT-USD).

Using SOL-USD investors can purchase Solana from Bilaxy, Bithumb or Serum DEX.

How to Buy Solana: Latest Updates for Solana

How to Buy Solana (SOL) in 2 minutes (2021 Updated)

SOL Solana Price Prediction for 2021

Solana Price Prediction for 2021 by CoinPriceForecast

Solana was trading around $6 at the beginning of 2021. However, since then price of Solana has seen a rapid rise. CoinPriceForecast, forecasted Solana price at the end of 2021 to be $461.

Solana Price Prediction for 2021 by Long Forest

Solana has been termed to be miracle crypto. Cryptonewsz says that Solana is an effective, fast, secure, censorship-resistant blockchain that provides the open infrastructure required for global adoption. As per Long Forest, the price of the coin is expected to reach around $106 by the end of 2021.

Solana Price Prediction for 2021 by Reddit Community

Reddit Community is however not much optimistic about the price of Solana. They predict SOL price might trade around $65 by the end of 2021.

How to Buy Solana on Binance ✅ SOL Solana Crypto

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