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Exchange Solana (SOL) with Lowest Fees
Unleash the power of Solana (SOL) on Changelly, the unrivaled hub of light-speed crypto exchanges! As the pioneer in the industry, Changelly offers an immense range of digital assets, ensuring the most competitive rates available at the crypto market. Experience instant and seamless crypto swaps with the freedom to choose between fixed or floating rates. Embrace the stability of the fixed rate, where the quoted amount remains resolute, unperturbed by market ups and downs. Whether you fancy SOL, Bitcoin, Binance Coin, USD Coin, or any other token or coin, Changelly caters to all your crypto exchange needs with immediate executions and 24/7 prompt customer support.
— guaranteed rate available
— guaranteed rate available
Solana Price Chart
Solana Market Dataupdated at 21:26
Popular Solana exchange pairs
Solana conversion rate on Changelly
The SOL to ETH conversion rate today is 0.03798282 ETH. In the last 24 hours, the conversion rate has changed by 10.84%. Data is calculated by our real-time converter.
How to exchange Solana in 5 easy steps
Set the exchange pair
Select the crypto pair you’d like to exchange from 500+ available currencies.
Choose the rate
Decide whether you want to exchange your crypto at a fixed or a floating rate and choose one.
Enter your wallet address
Enter the address of the crypto wallet to which your new cryptocurrency will be sent. Don't have one yet? No worries! Here are some of Changelly's partners to get you started.
Make a payment
Send the cryptocurrency you’d like to exchange to the wallet address you see on the screen.
Check your crypto wallet
That’s it! Open your crypto wallet and welcome your newly exchanged cryptocurrency.
Exchange SOL without any hassle
Looking for a coin to exchange and add to your crypto collection? We've got you covered with a list of 500+ cryptocurrencies. To get started, click the button below.
Why exchange Solana on Changelly?
We take a comprehensive security approach to ensure your crypto investments and identity are safe. We provide quick crypto purchases to more than 2.6 million users every month.
Got any questions? We've got all the answers. Changelly offers personal support to each and every user. We are here to help you 24/7 with any challenges that you might face using our services.
Get any of the 500+ supported cryptocurrencies in mere minutes with just a few clicks and at the best rates on the market.
Competitive rates on the market
We work with a variety of crypto trading platforms in order to find the best offer on the market for you.
What are the limits for Solana exchange?
The minimum amount is set to cover the network fee required to complete the transaction. If your amount is too low, we display the corresponding message.
Please keep in mind that the amount you send to us must be equal to or greater than the minimum. You must consider the network fee when sending funds to us. For example, if you send us 0.0015 BTC (min), and a commission of 0.0003 BTC is debited from this sum, we will receive only 0.0012 BTC, which is below the set minimum. In this case, the transaction will fail.
Our maximum limits depend on the exchange rate you choose — fixed or floating. The floating rate of highly liquid pairs (e.g., BTC/ETH) allows us to exchange almost unlimited amounts of cryptocurrency. Transactions with a fixed rate are limited since we need to provide you with this fixed rate and eliminate all the risks.
Also, make sure you take into account your wallet fee. There is no need to start the transaction all over again in case you want to edit the amount. Just make sure you are sending the required minimum. We will carry out the exchange according to the current rate.
What are the fees for SOL exchange?
There are two types of fees on Changelly, and both of them are already included in the final displayed amount:
- Exchange fee – 0.25%
- Network fee, which is variable. This fee goes to miners for the transaction processing; its value depends on the network congestion.
What are the processing times for Solana transactions?
Typically, a SOL exchange takes around 10-40 minutes. However, it might take more time should there be congestion within a particular blockchain.
How to exchange Solana privately?
Generally, Changelly requires no KYC verification; however, we still may demand you get verified according to our KYC requirements if we find your transaction suspicious.
Do I need an ID to exchange Solana?
Changelly can be used anonymously since no sign-up is required, but we still might ask you to pass the KYC procedure. However, it is not mandatory for every user. We try to provide our users with the fastest verification process possible, so it usually takes no longer than 24 hours. However, sometimes, it may take more time due to security reasons.
Can I exchange Solana without KYC on Changelly?
The Changelly exchange platform does not push you to complete the KYC or AML checks in order to use its services. Yet, we may demand you get verified according to our KYC requirements if we find your transaction suspicious.
How to exchange large amounts of Solana on Changelly?
Instant cryptocurrency exchange Changelly is a premium crypto OTC provider designed for exchanging large amounts of crypto. The crypto OTC platform offers special conditions for all crypto-to-crypto deals. The minimum amount for OTC deals is 10 BTC.
OTC stands for over-the-counter trading, which is done directly between two parties without the supervision of an exchange.
The perks of OTC deals on Changelly include exclusive rates, same-day settlement, and 24/7 personal assistance.
How Do I Exchange Solana?
Exchanging Solana (SOL) for fiat currency or another digital asset can be done through either a centralized or decentralized exchange.
CEX: to exchange SOL on a CEX, you would typically follow these steps:
- Create an account on a CEX that supports Solana.
- Complete the necessary verification process, which may include submitting identification documents.
- Deposit your SOL tokens into the exchange wallet.
- Look for the trading pair you want, such as SOL/USD or SOL/BTC, and place your buy or sell order.
- Once your order is matched with a counterparty on the exchange, the transaction is executed, and your SOL, or desired currency, is credited to your account.
DEX: exchanging SOL on a DEX offers a more decentralized and non-custodial approach. Here's a simplified outline:
- Connect your digital currency wallet that supports Solana to a compatible DEX.
- Ensure you have SOL tokens in your wallet.
- Select the trading pair you wish to trade, such as SOL/USDT, within the DEX interface.
- Input the desired amount and price for the trade.
- Approve the transaction and confirm it through your wallet.
- The trade will be executed directly on the blockchain, with your tokens being swapped with the desired asset.
Can I Swap Solana to Ethereum?
Yes, you can swap Solana (SOL) to Ethereum (ETH), using instant exchange crypto platforms like Changelly. These platforms aim to provide a seamless and user-friendly experience for swiftly converting one cryptocurrency to another.
To launch a swapping transaction of SOL to ETH on Changelly, you would typically follow these steps:
- Visit the Changelly website or use our mobile app.
- Select Solana (SOL) as the "You Send" currency and Ethereum (ETH) as the "You Get" currency.
- Enter the amount of SOL you wish to exchange.
- Provide your Ethereum wallet address as the destination for the ETH tokens.
- Review the transaction details, including commissions and the estimated exchange rate.
- If everything is correct, confirm and proceed with the transaction.
- Send the specified amount of SOL to the provided Changelly wallet address.
- Changelly will perform the swap and send the equivalent amount of ETH to your designated wallet address.
Have Questions about SOL exchange on Chagelly?
We tried to gather all the necessary information about the SOL exchange on this page. Yet, the crypto world can be darned confounded. If you still have questions, check out the FAQ page or contact our support team 24/7.
Best Solana exchange offers
Keep your Solana safe and sound
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Integrating Changelly services into Trezor Wallet's exchange has been a great success for all parties, especially the users. Working with Changelly is a pleasure, thanks to their professional and courteous approach.
Changelly is the best option for users to access the most cost-savvy rates
With Changelly's stellar team, we have developed a unique system to ensure exchanges are fulfilled in the fastest possible time and with immediate customer support.
We are thrilled to partner with Changelly to provide an exceptional trading experience: anytime, anywhere - in a few simple taps!
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Buy Solana at the lowest price
Make the most of your SOL purchase with the lowest prices on Changelly. Buy your crypto at a competitive price that you will love.
Solana (SOL) Overview
Solana is a layer 1 blockchain platform designed for mass adoption, offering high performance and fast processing times. It addresses the scalability issues of Bitcoin and Ethereum by having block times of 400 milliseconds and the ability to process 4,371 transactions per second. Thousands of validator nodes that operate independently secure the network, ensuring data security and censorship resistance.
Solana also boasts extremely low fees of up to $0.01 for developers and users. Its quick processing times and low costs make it an attractive option for software builders, especially in the face of centralized payment processors. The Solana ecosystem is home to numerous projects, including NFTs, DeFi, DEXs, and Web3 applications.
What Makes Solana Unique?
What sets Solana apart is its innovative consensus mechanism, which combines proof-of-stake (PoS) and proof-of-history (PoH) technologies. PoH acts as a cryptographic clock, providing a historical record of all transactions and events in the network. This allows validators to agree on the order of transactions without complex consensus algorithms. Solana's energy consumption is significantly lower than other platforms, with PoH consuming as little energy as a few Google searches. Transaction fee structures on Solana are also cost-effective, ensuring a more affordable solution compared to other platforms.
Another notable element of the project is Solana Pay. It is an open and free-to-use platform that has been integrated with Shopify, allowing millions of businesses to utilize its features. Solana Pay offers instant transactions and near-zero gas fees, providing a seamless and cost-effective payment solution for merchants and customers alike.
Native Coin of Solana Network
Solana's native cryptocurrency, SOL, powers the network and plays a vital role in securing the network. Holding and staking SOL tokens allows validators to verify transactions and add new blocks to the chain. SOL also provides access to the Solana ecosystem of Dapps (decentralized applications), NFT (non-fungible token) marketplaces, blockchain games, and more. With its focus on scalability and cheapness, SOL enables swift and cost-efficient transactions while contributing to the growth of the Solana network. The total circulating supply of SOL is capped at 508 million.
As one of the largest digital assets by market cap and trading volume, SOL showcases Solana's claim to be the most efficient blockchain in the world.
Anatoly Yakovenko, a former engineer at Qualcomm and Dropbox, and Greg Fitzgerald, a software engineer with experience at Twitter and Qualcomm, created Solana. They collaborated in 2017 to establish Solana Labs Company, which would address scalability and high fee issues in existing blockchain networks. By introducing innovative technologies, such as a proof-of-history algorithm and a hybrid consensus mechanism, Yakovenko and Fitzgerald successfully launched Solana, providing a robust infrastructure for decentralized application and smart contract development.
Alameda Research (a quantitative cryptocurrency trading firm and liquidity provider) has provided funding and strategic assistance to Solana Labs, invested in Solana's native cryptocurrency, and actively participated as a validator node on the Solana network.
The Solana Foundation, a non-profit organization, also supports the development and growth of the Solana blockchain ecosystem. It provides funding, resources, and technical support to projects and developers building on Solana, aiming to foster innovation and adoption of blockchain technology.
The market price of SOL Token constantly fluctuates based on the number of buyers and sellers trading Solana Coin across different platforms. Given the volatility of the crypto market, the Solana price can change significantly within a short period. The market capitalization of Solana is determined by multiplying the price of SOL by the number of SOL in circulation.
Token burning, where a portion of transaction fees is burned, reducing the overall supply of SOL tokens, is a key factor influencing the Solana price. This mechanism creates scarcity and potentially drives up the coin's price. Other factors include project advancements and developments, regulatory changes, global news and events, and public sentiment towards Solana.
What is a Solana Exchange?
A Solana exchange is an internet site or a mobile app where people can buy, sell, and trade Solana (SOL), along with other cryptocurrencies. Solana is a high-performance blockchain technology that aims to provide fast transaction speeds and low transaction fees. A SOL cryptocurrency exchange allows people to interact with the Solana ecosystem and take advantage of its benefits, such as quick transaction confirmations and scalability.
There are various types of crypto exchanges to buy Solana, each offering unique features and functionalities. Understanding the different types can help you choose the most suitable platform for your needs.
Centralized Exchanges (CEX)
Centralized exchanges are operated by a single entity and act as intermediaries between buyers and sellers. They are known for their user-friendly interfaces, high liquidity, and a wide range of trading pairs. CEX platforms often require users to complete a Know Your Customer (KYC) process for identity verification before they can buy SOL.
The biggest strength behind such centralized exchange platforms is that they accept fiat currencies to invest in crypto, including credit/debit card payments, wire transfers from a bank account, and other familiar payment methods.
Decentralized Exchanges (DEX)
Decentralized crypto exchanges operate on blockchain networks and allow direct trading between participants without an intermediary. They provide clients with greater control over their funds, as they can trade directly from their wallets. Solana DEX platforms offer increased privacy and security, but they may have lower liquidity compared to CEX platforms. The most significant shortcoming of DEXs is that they are based on a crypto-to-crypto model. It means you cannot buy SOL or buy crypto with USD, EUR, or other fiat money on them, but swap digital assets you already have for Solana coins.
Peer-to-Peer Exchanges (P2P)
P2P platforms connect buyers and sellers directly, facilitating trades without the involvement of intermediaries. These solutions typically offer a wide range of payment methods for buying and selling cryptocurrencies, such as debit/credit card payments, bank transfers, and more. Also, they commonly offer an escrow protection for both parties for extra security against fraud.
Atomic swaps exchanges refer to decentralized platforms that facilitate direct peer-to-peer trading of different cryptocurrencies without intermediaries. They utilize smart contracts and cryptographic protocols to enable the secure swap of assets between participants. Atomic swaps allow individuals to trade cryptocurrencies in a trustless manner, eliminating the risks associated with centralized exchanges and providing greater control over their funds.
Decentralized Finance (DeFi) Exchanges
DeFi exchanges are built on distributed ledger chains (blockchains) and leverage smart contracts to provide advanced financial services. These exchanges offer features, such as lending, borrowing, staking, and yield farming, allowing liquidity providers to earn passive income on their crypto asset holdings or gain rewards by making contributions to a liquidity pool.
Hybrid cryptocurrency exchanges combine the features of centralized and decentralized exchanges. They offer both user-friendly interfaces and direct wallet integration, allowing individuals to trade on an order book or through a peer-to-peer interface.
How to Choose a Solana Exchange?
Choosing a cryptocurrency exchange to buy, sell or trade Solana can be a crucial decision when trading and investing in cryptocurrencies. With several options available in the market, it is essential to consider certain criteria to ensure the reliability and suitability of the exchange for your needs.
Criteria for Selecting a Reliable Crypto Exchange
When selecting a Solana cryptocurrency exchange, certain criteria can help determine its reliability and legitimacy.
Reputation. Look for companies with an excellent reputation and positive reviews from users. Research their track record, their transparency, visitors/day rate, and their response to security breaches or issues in the past.
Security Measures. Security should be a top priority when choosing an exchange. Look for exchanges that offer multi-factor authentication, cold storage for funds, and robust encryption methods.
Regulatory Compliance. Ensure that the company complies with regulatory standards and operates under appropriate licenses. This helps protect your funds and ensures that the exchange follows legal procedures.
Trading Fees. Consider the trading fees charged by the exchange. Different exchanges have varying fee structures, including maker and taker fees. Compare fees across multiple platforms to select one that aligns with your trading strategy.
Factors to Consider When Choosing a Crypto Trading Platform
Apart from the criteria mentioned above, several factors should be taken into account when selecting a trading platform specifically for Solana.
Supported Digital Currencies. Check if the exchange supports Solana (SOL) or other specific cryptocurrencies you want to trade. The availability of trading pairs and altcoins can have an impact on your investment strategy.
User Interface and Experience. Consider the platform's user-friendliness, ease of navigation, and overall user experience. An intuitive interface can make trading more convenient and efficient.
Trading Tools and Features. Evaluate the trading tools and features provided by the exchange. Advanced charting tools, real-time market data, order types, and trading indicators can assist in making informed trading decisions.
Liquidity and Trading Volume. Liquidity is vital for faster order execution and ensuring that your trades can be executed at the desired price. Choose an exchange that has high trading volume and liquidity for SOL coins to avoid issues like slippage and price manipulation.
Customer Support. It is essential to have a knowledgeable, courteous, and prompt customer help team when dealing with any platform. Look for providers that offer responsive and well-trained customer support crew that can be easily accessed via multiple channels.
Safety Measures When Using Solana Cryptocurrency Exchanges
Safety should be a top priority when trading cryptocurrencies, as the crypto market is susceptible to hacking and security breaches. Here are some safety measures to follow when using Solana exchanges:
Enable Two-Factor Authentication (2FA). Most reputable crypto exchanges, including Changelly, offer 2FA, which adds an extra layer of security to your account. By enabling 2FA, you'll need to provide a code or use a mobile app in addition to your username and password when logging in.
Use Strong and Unique Passwords. Avoid using easily guessable passwords or reusing passwords across multiple platforms. Use a combination of uppercase and lowercase letters, numbers, and special characters for stronger passwords. Consider using a password manager to securely store and generate unique passwords.
Beware of Phishing Attempts. Phishing is a common scam in the crypto space, where malicious actors try to trick users into revealing their login credentials or personal information. Be cautious of suspicious emails, links, or messages asking for your account details. Always verify the authenticity of the source before providing any sensitive information.
Keep Your Software Updated. Regularly update your operating system, web browsers, and antivirus software to benefit from the latest security patches and protect yourself from known vulnerabilities.
Withdraw Your Funds. To minimize the risk of losing your funds due to exchange hacks, it's advisable to transfer your cryptocurrencies to a personal crypto wallet when you're not actively trading. This practice is known as "not your keys, not your coins," emphasizing the importance of taking control of your private keys.
Recommendations for Account Security
Here are some helpful tips for account security when dealing with SOL exchanges:
Enable withdrawal whitelist feature to limit outgoing transactions only to specified wallet addresses.
Avoid accessing your exchange account from public or unsecured Wi-Fi networks.
Maintain a separate email address solely dedicated to your cryptocurrency activities.
Consider using a virtual private network (VPN) for added privacy and security.
Enable email or SMS notifications for any account activities or significant transactions.
Regularly monitor your account activity and report any suspicious transactions to the platform’s customer help center immediately.
Be cautious of sharing sensitive information or account details on public platforms or social media.
Store your recovery phrase or seed phrase offline in multiple secure locations.
Use a different, unique username for each exchange you create an account with.
Enable withdrawal delay, if available, for an added layer of security against unauthorized withdrawals.
Educate yourself about common scams and phishing techniques prevalent in the cryptocurrency community.
Consider using a password manager to securely store and generate robust passwords.
Enable login notifications to be alerted of any unauthorized access attempts.
Use a dedicated computer or device solely for your crypto transactions to minimize security risks.
Regularly review your exchange's security settings and enable any additional security features they provide.
Utilize multi-signature (multi-sig) wallets for enhanced security and control over your Solana tokens.
Avoid clicking on suspicious links or downloading files from untrusted sources.
How to Avoid Scams and Fraud
Before you sign up with any Solana exchange, do thorough research to ensure its legitimacy. Look for reviews, user feedback, and information about the exchange's history and track record. Stick to well-known and reputable companies to mitigate the risk of scams.
Be cautious of sudden price increases and hyped-up projects. These could be signs of a pump and dump scheme, where manipulators artificially inflate the price of a cryptocurrency and sell it off at a profit, leaving unsuspecting investors in losses.
Always double-check the website's URL to ensure you are visiting the official exchange's website. Look for HTTPS encryption and a padlock symbol in the browser's address bar, indicating a secure connection. This prevents your sensitive information from being intercepted by hackers.
Consider storing your Solana cryptocurrency in a cold wallet, also known as a hardware wallet. Cold wallets keep your private keys offline, making them less vulnerable to hacking attempts and online threats. They provide the highest level of security for long-term storage.
Where to Store Your Solana Cryptocurrency?
A cryptocurrency wallet is a digital tool that allows you to securely store, manage, and interact with the purchased cryptocurrencies. It stores your private keys, which are necessary to access and transfer your cryptocurrency assets. Having a Solana wallet is essential, as it provides ownership and control over your SOL coins.
Types of Crypto Wallets
Hardware Wallets. These physical devices, such as Ledger or Trezor, store your private keys offline. They offer the highest level of security as they are not connected to the internet, making them immune to online threats. Hardware wallets are ideal for long-term storage.
Software Wallets. Software wallets are applications or programs installed on your computer, smartphone, or tablet. They provide convenient access to your cryptocurrencies, but since they are connected to the internet, they are more susceptible to hacking attempts.
Online Wallets. Also known as web wallets or hot wallets, these wallets are cloud-based and accessible via a web browser. While they offer convenience, online wallets are more vulnerable to cyber attacks.
What Wallet Is Best for SOL Coins?
Considering the security and convenience factors, a hardware wallet is the best option for storing SOL coins. Hardware wallets provide an offline storage solution, ensuring that your private keys are never exposed to the internet. Ledger and Trezor are two popular hardware wallet options that support Solana and offer robust security features.