Solana (SOL) is one of the leading Layer-1 blockchain networks, recognized for its extremely fast transaction speeds, low fees, and growing ecosystem of DeFi, NFT, and Web3 applications. With its scalable infrastructure and strong developer community, Solana has become a top choice for builders and users seeking high-performance blockchain solutions. In recent years, the network has experienced a notable rise in adoption, placing SOL among the top cryptocurrencies by market capitalization and trading volume.
As interest in Solana continues to grow, many new investors are exploring how to purchase SOL but may feel unsure about where to begin. Whether you're looking to invest in SOL or participate in the expanding Solana ecosystem, the process of getting started is straightforward.
This guide provides all the essential steps you need to know to buy Solana (SOL). No matter where you are located, Bitrue offers a secure and user-friendly platform to help you purchase SOL easily and confidently.
Where and How to Buy Solana
When it comes to buying Solana (SOL), users may be unfamiliar with blockchain concepts such as wallets, network fees, or transfer protocols. Fortunately, Bitrue provides a simple, fast, and secure way to purchase SOL without requiring advanced technical knowledge.
All you need to do is register on the official Bitrue website or app and follow the guided steps to complete your purchase. Once the transaction is confirmed, your SOL will be safely stored in your Bitrue account wallet.
Below are the detailed steps to buy Solana (SOL) on Bitrue:
1. Create or Log In to Your Bitrue Account:
Visit the Bitrue website or open the app, sign up using your email or phone number, and create a secure password.
2. Complete KYC Verification:
Go to the Identity Verification page within your account settings. Select your country or region, upload a valid ID document, and submit a selfie. Once approved, you can access full trading features including SOL purchases.
3. Deposit Funds or Buy Crypto with Fiat:
You may deposit USDT or other supported cryptocurrencies into your Bitrue wallet. Depending on your region, you can also use approved fiat payment methods such as credit/debit cards or bank transfers.
4. Buy Solana (SOL) on the Spot Market:
Navigate to the Spot Trading page and search for the SOL/USDT trading pair. Choose your preferred order type (Market or Limit), enter the amount of SOL you want to purchase, and confirm the order. Your SOL will appear in your Bitrue Spot wallet once the trade is executed.
5. (Optional) Secure Your Solana:
You may hold your SOL in your Bitrue wallet for convenient trading or transfer it to an external wallet, such as Phantom or a hardware wallet, for long-term self-custody.
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 cryptocurrency launched in 2020. Solana has a current supply of 508,181,315.01722854 with 301,075,328.5266636 in circulation. The last known price of Solana is 241.4953252 USD and is up 6.87 over the last 24 hours. It is currently trading on 177 active market(s) with $5,592,918,021.08 traded over the last 24 hours. More information can be found at https://solana.com.
How many Solana are there in total?

The total supply of Solana is 615,623,765, while the circulating supply is 560,632,064. 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.