How to Buy Solana (SOL)
AscendEX offers users one-stop services to buy, trade, hodl and earn Solana (SOL). Sign up for an AscendEX account to manage your crypto assets with ease.
What is Solana (SOL)
Solana is a Proof of Stake, third-generation blockchain founded in 2017 by Anatoly Yakovenko. The network is attempting to achieve some of the fastest transaction processing times in the industry through its unique Proof of History mechanism. By combining Proof of History with Proof of Stake, the network claims to process up to 50,000 transactions per second. Solana hashes all transactions in a linear process, making an easily verifiable order to network activity. This feature removes the need for a timestamp and other validators to confirm that the time of the transactions is legitimate. The network uses its native token SOL for transactions fees and staking. Solana burns 50% of the SOL in each transaction fee as part of its deflationary model. SOL holders can also become network validators and contribute to the running of the blockchain.
Where to buy Solana
Founded in 2018, AscendEX is a global digital asset financial platform created by a group of Wall Street quantitative trading veterans with profound expertise in traditional finance, servicing clients spanning over 200 countries and regions around the world. The platform lists over 200 digital assets from a wide range of industry-leading blockchain projects, which covers DeFi, NTF, Gamefi, Metaverse, Polygon, Solana and other popular ecosystems.
One-click Buy
Buy popular coins (i.e., SOL) using credit and debit cards with just a few clicks
Stable and Secure
The dynamic combination of hot and cold wallet solutions deployed by the top-notch technical team keep your digital assets (i.e., SOL) safe
Premier Tokens
Well-designed auctions for popular projects boast industry leading ROIs
Investment Innovations
AscendEX is pioneering the use of staked assets as collateral for margin and futures trading, allowing users to earn interest while trading
How to Buy Solana (SOL) on AscendEX?
1. Create a free account
Input your email address or phone number to create a free account instantly2. Buy SOL with just a few clicks
Have no digital assets
If you don’t have any digital assets, please navigate to the “One-click Buy” page, where you can select the fiat currency (i.e., USD, EUR, INR…) and the payment method (such as Visa, Mastercard, ApplePay…) before starting to buy SOL. If no SOL is available on the page, you can purchase USDT first, then exchange USDT for SOL via cash trading.Have digital assets
If you have digital assets on hand, please directly deposit them into your AscendEX account and exchange the assets for SOL utilizing the cash trading feature.
What to do after your Purchase of SOL?
Convert
Convert tokens at market prices free of charge with one click on the Convert page. AscendEX supports the instant conversion of 44 popular tokens.
Cash Trading
As an industry-leading digital asset trading platform, AscendEX offers trading services for over 200+ trading pairs across cash products, including multiple trading pairs for Solana, such as SOL/USDT, fully satisfying users’ needs.
Margin Trading
Trading on margin enables you to take large positions by enhancing your buying power with a margin loan. You can trade SOL to go short or long on the market. Trade SOL/USDT pair to multiply your profits.
Futures Trading
With the multi-assets collateral mechanism, AscendEX allows users to use one or multiple tokens as collateral while trading futures contracts (i.e., SOL/USDT) of multiple underlying assets, helping them hedge the risks of the underlying assets and earn profits.
AscendEX Earn
Use idle digital assetsto earn daily rewards by staking them to invest in low-risk crypto derivatives, including DeFi yield farming, liquidity mining, DOT Slot Auction and more.
