Solana is among the crypto assets dubbed the ETH killers as it offers faster block times and lower charges, which are essential for long-term growth. Solana came into the spotlight in 2021 and presented itself as an alternative to ETH. 

Solana is ranked as the 11th biggest crypto asset, with a market capitalization of almost $6 billion. If you’d like to invest in Solana, this article will walk you through everything you need to know about where to buy Solana, its benefits, and the best exchange to buy Solana.  

Solana – Utilities & Benefits

Utilities

• The platform has incorporated its native token with blockchain and app building so that users can create applications and avoid troublesome app stores.  
• Solana was also built to help solve microtransaction challenges that make in-app purchases a nightmare. Solana-based apps and games will, in the future, have player-to-player markets prominent in games. 
• Audius, a music streaming platform built with Solana, also promises artists fair compensation for recording artists enabled by the Solana blockchain. 
• Solana can be used as a medium of exchange in marketplaces that accept crypto payments. 
• Experienced crypto users can leverage Solana’s Defi earning opportunities to get passive income on their investments. One way to do this is by finding Solana savings accounts that earn interest. 
• Users can use their tokens to stake and earn SOL rewards. Staking involves locking a digital asset in a network to earn more tokens. 

Benefits

• Scalability: The Solana ecosystem uses sharding technology to maintain transaction rates and energy efficiency. This means users can process all their transactions at fast speeds regardless of how big or small they are. 
• Security: To hide user identity and keep their data safe, Solana uses zero-knowledge proofs. 
• Decentralization: The Solana ecosystem can meet all user demands without compromising its governance and decentralization. 
• Cost: Since Solana uses the PoS and PoH models, which have a simpler validation process, the transaction costs are lower. The average transaction charge with SOL is one cent. 
• Eco-friendly: Most popular digital assets, such as BTC, are criticized for their negative environmental impact. Solana’s processes are more eco-friendly compared to other crypto assets. 

Best Solana Exchange: BuyCryptocurrency.com

There are numerous platforms where you can purchase Solana; however, the best place to buy Solana is on the BuyCryptocurrency.com platform. Here’s why: 

It Doesn’t Require Registration

We let users exchange and purchase cryptocurrencies without opening an account. Further, our platform is easy-to-use and doesn’t have KYC checks. 

Users Store Their Digital Assets

Since our site is non-custodial, we don’t store users’ digital assets. When you use the platform, you must have a wallet to store the crypto assets you buy. 

Offers Diverse Trading pairs and Cryptocurrencies

BuyCryptocurrency.com users can trade more than 200 digital assets, including popular ones like EOS, BNB, Tezos, Monero, USDT, ETH, LTC, Cake, Chiacoin, and BTC. We also have over 13000 trading pairs which help users avoid making multiple swaps. We don’t have an exchange limit and let our users swap as much as they want.  

Allows MasterCard and Visa Payments

We have collaborated with Simplex to allow investors to pay directly for their purchases using Mastercard or Visa. 

Affordable Charges

We offer two rates; classic and guaranteed. With the guaranteed rate, swaps don’t fluctuate due to network charges and market conditions, while with the classic rate, swaps fluctuate, and users are never sure of the number of assets they’ll get for every swap. 

Security

Centralized exchanges are usually susceptible to security threats like hacking since they store user assets. With BuyCrytocurrency.com, there are reduced security threats as our users are responsible for storing their assets and don’t have to register on the platform. 

Reliable Customer Support

We have fast response times, and you can contact us through our social media pages or the support contact form on our website.