How to Buy SOL?

SOL is one of the most popular new blockchains that works on solving the scalability issue without compromising blockchain decentralization and safety. It is a popular coin, therefore, it is supported by the majority of exchanges such as Binance, KuCoin, and others. On LetsExchange, you can purchase SOL for one of 4,000+ supported coins and tokens.

What Is SOL?

SOL is a native token of Solana, an innovative blockchain that works on providing cheap and highly scalable DeFi solutions. The blockchain enables dApps and smart contracts creation and aims to improve scalability by utilizing a proof-of-history consensus mechanism.

How to Buy SOL on LetsExchange: a Step-by-Step Guide

On LetsExchange, you can purchase SOL with one of 4,000+ coins and tokens supported by the platform. You don’t need to register an account or provide any personal or financial data to purchase the coin. All you need to do is to ensure you have a wallet where you can receive your SOL coins.

If you register an account with the platform, you can access additional features and tools such as:

• the history of swaps
• the list of favorite crypto coins and pairs
• multiple options to benefit from the LetsExchange’s profitable affiliate program.

By swapping with LetsExchange, you get the best rates available in the market. The platform aggregates liquidity from multiple providers to ensure there is sufficient liquidity for each swap. The upper limits are practically non-existent, and the number of swaps you can make is unlimited.

To buy SOL, follow the instructions.

Open the exchange widget.

In the You Send window, select the coin that you will exchange for SOL, and provide the sum that you will be swapping. In our example, we will choose the default value of 0.1 BTC.

Choose whether you prefer to swap your coins at a fixed or a market rate.

If you pick a fixed rate, the amount you receive will be fixed for 30 minutes, so you will receive the same amount of coins as the one indicated in the You Get field of the widget at the moment you start the swap.

If you pick a market rate, you choose to have your swap processed at a rate valid at the market at the moment of swapping the coins. Then, the number of coins in the You Get field of the widget may differ from the number of coins you get.

in the You Get field, select SOL. This coin is very popular, and it runs on several blockchains. SOL is also available in the DEX mode. So, make sure you pick the right blockchain, otherwise, your funds will be lost.

We will pick SOL on its native Solana blockchain, and we will be using the Swap mode.

The number of coins to receive will be calculated automatically.

If you have a promo code, type it in to receive a cashback.

Click on the Swap button.

Copy-paste the SOL receiving wallet address. When the coins are exchanged, your SOL coins will be sent to the receiving wallet address.

You can also provide a refund address. If the swap isn’t processed as expected, you will get your refund there.

Hit the Apply button to proceed.

Send your coins to the deposit address provided by the platform (copy-paste the address to your wallet or scan the QR code). After the platform receives your BTC, the swap will be processed, and your SOL coins will be sent to your receiving wallet address.

After the swap is completed, you can download the receipt with all the swap details.

Conclusion

Buying SOL on LetsExchange doesn’t take much time, and it is so easy that even a complete beginner can handle it. You can buy as many coins as you want, without a mandatory account registration.