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How to Buy Solana in Canada
Solana uses a combination of protocols to offer faster transaction settlement times and a scalable network design. It is often labeled an “Ethereum Killer” with significant potential.
BUY PRICE1 SOL = CAD $0.00
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SELL PRICE1 SOL = CAD $0.00
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SUMMARY1. Brief Intro2. Price3. How to Buy4. Why Netcoins?5. About Solana
Brief Intro

Solana was launched in 2020 by Anatoly Yakovenko, who began working on the project in 2017. Solana aims to provide a cheaper and faster alternative to cryptocurrencies like Ethereum, which have had difficulty scaling their networks amid industry growth. SOL is the native cryptocurrency of the Solana network and is used to power the staking process while acting as the project’s governance token. If you are wondering how to buy SOL in the USA, Netcoins is a publicly-traded, fully regulated crypto trading platform. With 0% funding fees*, free cash withdrawals, and live customer support service seven days a week, we make it simple for Americans to buy SOL and other cryptocurrencies.
Solana Price
Buy Solana
SOL / CAD
CAD $ -
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Buy Price$0.00
Sell Price$0.00
24h High$0.00
24h Low$0.00
How to Buy Solana


Sign up for an account and provide some personal details to get your account verified.

Your Netcoins account can be funded with a crypto deposit, an ACH transfer or a bank wire transfer.

Buy and sell as much Solana as you want with no slippage due to our deep liquidity.

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More About Solana
Solana is a project that supports various decentralized finance projects such as smart contracts, NFTs, and decentralized applications (known as dapps). Solana’s value proposition comes from its ability to scale, which is a challenge most blockchains face. It accomplishes this by using an innovative hybrid design that leverages different blockchain protocols.
The number of SOL tokens in circulation is ever-changing and is not capped. Some factors that positively impact the supply cap (reducing tokens in circulation) are transaction fees which are used to burn coins. There is currently a proposed long-term inflation target of 1-2%.
Solana’s combination of proof-of-history and proof-of-stake protocols allows the project to significantly increase capacity resulting in lower fees and faster transaction speeds. Solana’s ability to combine a similar product offering to Ethereum, faster transactions and lower fees makes it a favourable choice with a unique proposition.
Solana and Ethereum are connected through their ambitions of hosting smart contracts. Although Solana uniquely uses proof-of-history to aid with its objective of scaling, both projects use proof-of-stake as the basis of their underlying networks to process transactions. Solana is labeled an Ethereum killer as it addresses one of the largest and most prominent issues with Ethereum; speed. Ethereum has had problems scaling its network, which has resulted in high gas fees that make it expensive to use the network.
SOL, like other cryptocurrencies, is highly divisible. You can buy a whole SOL token or fractions of it. When opting to buy SOL, a platform like Netcoins allows you to buy whatever dollar amount of SOL tokens you’d like. Buying SOL in regular intervals (like days, weeks or months) is known as dollar-cost averaging and can be a great way to average the price you buy at. All of these options are available on Netcoins, USA’s first publicly-owned, fully regulated cryptocurrency exchange.
SOL, like other cryptocurrencies, is highly divisible. You can buy a whole SOL token or fractions of it. When opting to buy SOL, a platform like Netcoins allows you to buy whatever dollar amount of SOL tokens you’d like. Buying SOL in regular intervals (like days, weeks or months) is known as dollar-cost averaging and can be a great way to average the price you buy at. All of these options are available on Netcoins, USA’s first publicly-owned, fully regulated cryptocurrency exchange.
You can buy SOL tokens from crypto trading platforms, like Netcoins, and leave your SOL tokens inside the platform. However, there are much safer options to storing your SOL as leaving them in exchanges can expose them to certain risks like hacking and theft. The safest option to keeping your SOL secure is to transfer them into a Solana wallet. A Solana wallet is a type of digital wallet that is used to send and receive SOL, similar to a Google wallet or a physical wallet.
FAQs

. Solana is a project that supports various decentralized finance projects such as smart contracts, NFTs, and decentralized applications (known as dapps). Solana’s value proposition comes from its ability to scale, which is a challenge most blockchains face. It accomplishes this by using an innovative hybrid design that leverages different blockchain protocols.

Netcoins USA is a licensed money service business under FinCEN, we adhere to the strict guidelines set by them for Money Transmitter Businesses. We are required to have a Know-Your-Customer (KYC) process and compliance program in place. KYC is a process that allows us to verify the identity of our customers, as per American regulations.

You will have to provide your email address, phone number and personal information including your first name, last name, address, date of birth and a piece of identification (like a driver’s license). Most users are verified at this point through our automated process. If you don’t pass the automated KYC process, you will have to go through an additional document verification stage. This is important and required as we are a regulated money service business in the US.

Your Netcoins account can be funded with a crypto deposit, regular ACH, ACH pre-funding or a bank wire transfer. Once you have funds in your Netcoins account, you’ll find that it’s super easy to buy SOL in the US.

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