In recent years, Solana’s adoption has surged, placing SOL among the top cryptocurrencies by market capitalization and trading activity. As interest continues to rise, many newcomers are looking to buy SOL but may feel unsure about where to start.
This step-by-step guide will help you buy Solana (SOL) on Bitrue, even if you're a beginner in crypto trading.
Alternative methods to acquire Solana
Apart from directly buying Solana (SOL), what are the alternative methods to acquire Solana ?
Fixed Auto-Investment in SOL
Regularly invest a fixed amount at scheduled intervals in Solana (SOL) digital assets, enjoying both short-term returns and long-term benefits.
Staking SOL
Flexible staking of Solana (SOL) digital assets to earn interest or high returns in other cryptocurrencies.
POS Mining
Holders acquire the right to validate nodes by locking a certain amount of Solana (SOL). Elected nodes are responsible for generating new blocks and confirming transactions, receiving rewards typically in the form of newly issued tokens (or SOL) and on-chain transaction fees.
Get Solana (SOL) for free
If you have enough time, you can obtain Solana for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free Solana (SOL).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free Solana.
- All cryptocurrency airdrops and rewards can be exchanged for SOL through coin-to-coin exchange or spot trading.
How to keep your Solana safe and secure
Once you have purchased Solana, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store Solana and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain Solana wallets, you also have the option to store Solana (SOL) separately in a personal encrypted wallet. This wallet serves to keep your Solana secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your Solana, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your Solana encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
FAQ About Buying Solana
What is Solana?

Solana (SOL) is a high-speed blockchain built for fast and low-cost transactions. It powers DeFi apps, NFT projects, and various Web3 platforms. SOL is the network’s native token, used for fees and staking.
How many Solana are there in total?

The total supply of Solana is 616,037,062, while the circulating supply is 561,900,910. Solana uses a dynamic supply model influenced by staking rewards, validator incentives, and network economics. This ensures ongoing support for validators who help secure and operate the network.
Why are people buying Solana?

People buy Solana for several reasons. Many view it as a high-performance Layer-1 blockchain known for extremely fast transactions and low fees. Others invest in SOL to participate in DeFi, NFTs, Web3 applications, or staking. Developers appreciate its scalability, while investors see potential due to its strong ecosystem growth. As with all cryptocurrencies, motivations vary, and users should research before investing.
Where is the preferred place to buy Solana?

Bitrue is a preferred platform for purchasing Solana thanks to its secure trading environment, user-friendly interface, competitive fees, and strong liquidity. Once your account is verified, you can easily buy SOL through the Bitrue spot market.
Can I use cash to buy Solana?

Most cryptocurrency exchanges, including Bitrue, do not support direct cash purchases. Instead, users typically buy SOL using bank transfers, credit/debit cards, or by depositing supported cryptocurrencies into their Bitrue account.
What are the fees for buying Solana?

Bitrue offers competitive and transparent trading fees across all supported cryptocurrencies. You can view the complete fee schedule
here. Fees may vary depending on the trading pair and order type.
How to use Apple Pay to buy SOL?

Bitrue currently does not support Apple Pay for purchasing SOL or adding fiat currency. You can fund your Bitrue account using alternative payment methods such as credit/debit cards, bank transfers, or cryptocurrency deposits.
How to use Google Pay to buy SOL?

Google Pay is not supported on Bitrue for purchasing Solana. Users can instead choose from other supported funding options, including credit/debit cards, bank transfers, or crypto deposits.
How to use Paypal to buy SOL?

Bitrue does not currently support PayPal for buying Solana or depositing fiat currency. To purchase SOL, fund your account using one of the supported payment methods available in your region.
What can I do with Solana?

Solana can be used for a wide range of purposes, including staking, participating in DeFi protocols, minting or trading NFTs, transferring funds, or interacting with Web3 applications built on the Solana network. Many users also hold SOL as a long-term investment in the ecosystem's growth.
How to sell my Solana?

To sell SOL on Bitrue, ensure your wallet contains Solana. Navigate to the Spot Trading page and find the SOL/USDT trading pair. Select the Sell option, enter the amount you want to sell, choose a limit or market order, and confirm the trade. After selling, you can withdraw your funds using supported withdrawal methods.
Can I purchase Solana (SOL) worth 1 US dollar?

Although Solana can be purchased in fractional amounts, Bitrue requires a minimum order value. At present, the minimum amount required to buy SOL on Bitrue is 10 USD.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.