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.
1. Create an Account
Sign up for an account and provide some personal details to get your account verified.
2. Fund It
Your Netcoins account can be funded with a crypto deposit, an ACH transfer or a bank wire transfer.
3. Start Trading
Buy and sell as much Solana as you want with no slippage due to our deep liquidity.
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Why Buy Solana?
Does SOL have a supply cap?
What makes SOL unique?
Why is Solana Called Ethereum Killer?
How Much SOL Can I Buy?
How Much SOL Can I Buy?
How Do I Store My SOL?
WHY BUY 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.
WHY IS KYC (VERIFICATION) REQUIRED?
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.
WHAT DO I NEED TO PROVIDE FOR YOUR VERIFICATION PROCESS?
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.
HOW CAN I FUND MY ACCOUNT?
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.