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CryptoRanking
Solana

How to Buy Solana (SOL)

Solana gained popularity thanks to very low transaction fees and high network throughput, making it a popular platform for DeFi applications and memecoins. However, SOL's price tends to be noticeably more volatile than BTC or ETH, so it's worth spreading out your purchases over time.

Step by step

  1. create an account on your chosen exchange and complete identity verification (KYC)
  2. deposit funds — bank transfer, debit/credit card, or another supported method depending on the exchange
  3. buy solana (SOL) — available on almost all exchanges in our ranking except NiceHash, which offers only BTC/ETH/LTC
  4. consider moving your SOL to your own wallet (ideally a hardware wallet) if you plan to hold it longer than for short-term speculation

Where to buy Solana

The exchanges below support Solana (SOL) — click through to read our full review of each platform.

Frequently asked questions

Is buying Solana legal?

In most countries, yes — trading cryptocurrency, including Solana (SOL), is legal. Rules vary by country though, including identity-verification requirements and how any gains are taxed, so check what applies where you live.

What's the minimum amount to buy Solana?

It depends on the specific exchange, but in practice most platforms let you buy a fraction of one SOL for as little as a few dollars — you don't need to buy a whole coin at once. Check the exact minimum order size in your chosen exchange's terms.

Before choosing an exchange, check our guide to payment methods, and after selling crypto, don't forget that most countries treat it as a taxable event — see crypto tax reporting for the general concept, and check your own country's current rules.