{"id":1328,"date":"2021-05-27T21:47:20","date_gmt":"2021-05-27T19:47:20","guid":{"rendered":"https:\/\/simplecryptoguide.com\/?page_id=1328"},"modified":"2023-12-09T16:02:52","modified_gmt":"2023-12-09T15:02:52","slug":"como-comprar-solana","status":"publish","type":"post","link":"https:\/\/simplecryptoguide.com\/es\/how-to-buy-solana\/","title":{"rendered":"C\u00f3mo comprar Solana"},"content":{"rendered":"[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Domains&#8221; _builder_version=&#8221;4.16&#8243; custom_margin=&#8221;150px||||false|false&#8221; custom_margin_tablet=&#8221;100px||||false|false&#8221; custom_margin_phone=&#8221;100px||||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.16&#8243; header_2_font_size=&#8221;14px&#8221; header_font_size_phone=&#8221;32px&#8221; header_2_font_size_tablet=&#8221;12px&#8221; header_2_font_size_phone=&#8221;10px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<h2><span><nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><span class=\"last\">Home<\/span><\/p><\/nav><\/span><\/h2>\n<h1 class=\"sc-bdfBwQ Text-msjfkz-0 Heading-juwhnu-0 cnOLEs bjHQTa\">How To Buy Solana (SOL)?<\/h1>\n[\/et_pb_text][et_pb_divider show_divider=&#8221;off&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;3px||||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_divider][et_pb_image src=&#8221;https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2021\/08\/Solana-500&#215;286-1.png&#8221; title_text=&#8221;Solana 500&#215;286&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; border_radii=&#8221;on|15px|15px|15px|15px&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p>A common question you often see on social media from crypto beginners is \u201cWhere can I buy Solana?\u201d Well, you\u2019ll be happy to hear it is actually quite a simple and straightforward process. Thanks to its massive popularity, you can now buy Solana on most cryptocurrency exchanges, including<span>\u00a0<\/span><a href=\"http:\/\/www.coinbase.com\/join\/hansso_p\" target=\"_blank\" rel=\"noopener\">Coinbase<\/a><span>\u00a0<\/span>and<span>\u00a0<\/span><a href=\"https:\/\/accounts.binance.com\/en\/register?ref=RP2JHHRW\" target=\"_blank\" rel=\"noopener\">Binance<\/a><span>\u00a0<\/span>in 3 simple steps.<\/p>\n<h2><strong>Step 1: Create an account on an exchange that supports Solana (SOL)<\/strong><\/h2>\n<p>First, you will need to open an account on a cryptocurrency exchange that supports Solana (SOL).<br \/>We recommend the following based on <strong>functionality<\/strong>, <strong>reputation<\/strong>, <strong>security<\/strong>, <strong>support<\/strong> and <strong>fees<\/strong>:<\/p>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row column_structure=&#8221;1_3,1_3,1_3&#8243; make_equal=&#8221;on&#8221; module_class=&#8221;affiliate3&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; width_tablet=&#8221;45%&#8221; width_phone=&#8221;80%&#8221; width_last_edited=&#8221;on|phone&#8221; custom_padding=&#8221;||||true|true&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;20px|20px|20px|20px|true|true&#8221; border_radii=&#8221;on|15px|15px|15px|15px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#c3cce5&#8243; box_shadow_style=&#8221;preset1&#8243; box_shadow_spread=&#8221;20px&#8221; box_shadow_color=&#8221;#fcf9f1&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||13px|||&#8221; link_option_url=&#8221;https:\/\/accounts.binance.com\/en\/register?ref=RP2JHHRW&#8221; link_option_url_new_window=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p class=\"icon-circle\">1<\/p>\n<p><strong>\u00a0Binance<\/strong><\/p>\n[\/et_pb_text][et_pb_image src=&#8221;https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2021\/10\/Create-Binance-Account.png&#8221; title_text=&#8221;Create Binance Account&#8221; url=&#8221;https:\/\/accounts.binance.com\/en\/register?ref=RP2JHHRW&#8221; url_new_window=&#8221;on&#8221; align=&#8221;center&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; width=&#8221;65%&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_image][et_pb_button button_url=&#8221;https:\/\/accounts.binance.com\/en\/register?ref=RP2JHHRW&#8221; url_new_window=&#8221;on&#8221; button_text=&#8221;Register&#8221; button_alignment=&#8221;center&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; button_text_size=&#8221;14px&#8221; button_bg_color=&#8221;#35b782&#8243; button_font=&#8221;ABeeZee|700||on|||||&#8221; custom_css_main_element=&#8221;width: 100%;&#8221; global_colors_info=&#8221;{}&#8221; button_bg_color__hover=&#8221;#2e9e71&#8243; button_bg_enable_color__hover=&#8221;on&#8221; filter_brightness__hover_enabled=&#8221;on|hover&#8221; filter_brightness__hover=&#8221;100%&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_button][et_pb_text content_tablet=&#8221;<\/p>\n<p class=%22label%22><span style=%22color: #a0a0a0;%22>Fees (Maker\/Taker)<\/span> <span style=%22font-family: ABeeZee; font-weight: normal; font-size: small;%22><strong>1.99%*\/1.99%*<\/strong><\/span><\/p>\n<p>&#8221; content_phone=&#8221;<\/p>\n<p class=%22label%22><span style=%22color: #a0a0a0;%22>Fees (Maker\/Taker)<\/span>               <span style=%22font-family: ABeeZee; font-weight: normal; font-size: small;%22><strong>1.99%*\/1.99%*<\/strong><\/span><\/p>\n<p>&#8221; content_last_edited=&#8221;off|tablet&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;13px&#8221; custom_margin=&#8221;3px||3px||true|false&#8221; inline_fonts=&#8221;ABeeZee&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p class=\"label\"><span style=\"color: #a0a0a0;\">Fees (Maker\/Taker)<\/span>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 <span style=\"font-family: ABeeZee; font-weight: normal; font-size: small;\"><strong>0.075%*-0.1%*<\/strong><\/span><\/p>\n[\/et_pb_text][et_pb_divider color=&#8221;#c3cce5&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||-20px||false|false&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_divider][et_pb_text content_tablet=&#8221;<\/p>\n<p><span><span style=%22color: #a0a0a0;%22><span style=%22font-size: small;%22>Cryptocurrencies <\/span><\/span><br \/><span style=%22color: #a0a0a0;%22><span style=%22font-size: small;%22>Available for Trade<\/span> <\/span> <span style=%22font-size: medium;%22> <\/span><\/span><span style=%22font-family: ABeeZee;%22><strong><span style=%22font-size: medium;%22>50+<\/span><\/strong><\/span><\/p>\n<p>&#8221; content_phone=&#8221;<\/p>\n<p><span><span style=%22color: #a0a0a0;%22><span style=%22font-size: small;%22>Cryptocurrencies <\/span><\/span><br \/><span style=%22color: #a0a0a0;%22><span style=%22font-size: small;%22>Available for Trade<\/span> <\/span>                       <span style=%22font-size: medium;%22>        <\/span><\/span><span style=%22font-family: ABeeZee;%22><strong><span style=%22font-size: medium;%22>50+<\/span><\/strong><\/span><\/p>\n<p>&#8221; content_last_edited=&#8221;off|tablet&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;13px&#8221; custom_margin=&#8221;3px||3px||true|false&#8221; inline_fonts=&#8221;ABeeZee&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p><span><span style=\"color: #a0a0a0;\"><span style=\"font-size: small;\">Cryptocurrencies <\/span><\/span><br \/><span style=\"color: #a0a0a0;\"><span style=\"font-size: small;\">Available for Trade<\/span>\u00a0<\/span> \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 <span style=\"font-size: medium;\">\u00a0 \u00a0 \u00a0<strong>500<\/strong><\/span><\/span><strong><span style=\"font-family: ABeeZee;\"><span style=\"font-size: medium;\">+<\/span><\/span><\/strong><\/p>\n[\/et_pb_text][et_pb_divider color=&#8221;#c3cce5&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||-20px||false|false&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;13px&#8221; custom_margin=&#8221;3px||3px||true|false&#8221; inline_fonts=&#8221;ABeeZee&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p style=\"text-align: center;\"><span style=\"color: #a0a0a0;\"><span style=\"color: #a0a0a0; font-size: small;\">Sign-up bonus<\/span> <\/span><br \/><span style=\"font-family: ABeeZee;\"><strong><span style=\"font-size: medium;\">\u00a010% reduced trading fees*<\/span><\/strong><\/span><\/p>\n[\/et_pb_text][et_pb_divider color=&#8221;#c3cce5&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||-20px||false|false&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;13px&#8221; custom_margin=&#8221;3px||3px||true|false&#8221; inline_fonts=&#8221;ABeeZee&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p style=\"text-align: center;\"><span style=\"color: #a0a0a0; font-size: small;\">Available in<\/span><br \/><span style=\"font-family: ABeeZee;\"><strong><span style=\"font-size: medium;\">Europe, Asia, Oceania, Africa<\/span><\/strong><\/span><\/p>\n[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;20px|20px|20px|20px|true|true&#8221; border_radii=&#8221;on|15px|15px|15px|15px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#c3cce5&#8243; box_shadow_style=&#8221;preset1&#8243; box_shadow_spread=&#8221;20px&#8221; box_shadow_color=&#8221;#fcf9f1&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||13px|||&#8221; link_option_url=&#8221;https:\/\/partner.bybit.com\/b\/simplecryptoguide&#8221; link_option_url_new_window=&#8221;on&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p class=\"icon-circle\">2<\/p>\n<p><strong>\u00a0Bybit<\/strong><\/p>\n[\/et_pb_text][et_pb_image src=&#8221;https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2023\/04\/Create-Bybit-Account.jpg&#8221; alt=&#8221;Create Bybit Account&#8221; title_text=&#8221;Create Bybit Account&#8221; url=&#8221;https:\/\/partner.bybit.com\/b\/simplecryptoguide&#8221; url_new_window=&#8221;on&#8221; align=&#8221;center&#8221; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; width=&#8221;65%&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_image][et_pb_button button_url=&#8221;https:\/\/partner.bybit.com\/b\/simplecryptoguide&#8221; url_new_window=&#8221;on&#8221; button_text=&#8221;Register&#8221; button_alignment=&#8221;center&#8221; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; button_text_size=&#8221;14px&#8221; button_bg_color=&#8221;#35b782&#8243; button_font=&#8221;ABeeZee|700||on|||||&#8221; custom_css_main_element=&#8221;width: 100%;&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; button_bg_color__hover=&#8221;#2e9e71&#8243; button_bg_enable_color__hover=&#8221;on&#8221; filter_brightness__hover_enabled=&#8221;on|hover&#8221; filter_brightness__hover=&#8221;100%&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_button][et_pb_text content_tablet=&#8221;<\/p>\n<p class=%22label%22><span style=%22color: #a0a0a0;%22>Fees (Maker\/Taker)<\/span> <span style=%22font-family: ABeeZee; font-weight: normal; font-size: small;%22><strong>1.99%*\/1.99%*<\/strong><\/span><\/p>\n<p>&#8221; content_phone=&#8221;<\/p>\n<p class=%22label%22><span style=%22color: #a0a0a0;%22>Fees (Maker\/Taker)<\/span>               <span style=%22font-family: ABeeZee; font-weight: normal; font-size: small;%22><strong>1.99%*\/1.99%*<\/strong><\/span><\/p>\n<p>&#8221; content_last_edited=&#8221;off|tablet&#8221; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;13px&#8221; custom_margin=&#8221;3px||3px||true|false&#8221; locked=&#8221;off&#8221; inline_fonts=&#8221;ABeeZee&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p class=\"label\"><span style=\"color: #a0a0a0;\">Fees (Maker\/Taker)<\/span>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<span style=\"font-family: ABeeZee; font-weight: normal; font-size: small;\"><strong>0.1%*-0.1%*<\/strong><\/span><\/p>\n[\/et_pb_text][et_pb_divider color=&#8221;#c3cce5&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||-20px||false|false&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_divider][et_pb_text content_tablet=&#8221;<\/p>\n<p><span><span style=%22color: #a0a0a0;%22><span style=%22font-size: small;%22>Cryptocurrencies <\/span><\/span><br \/><span style=%22color: #a0a0a0;%22><span style=%22font-size: small;%22>Available for Trade<\/span> <\/span> <span style=%22font-size: medium;%22> <\/span><\/span><span style=%22font-family: ABeeZee;%22><strong><span style=%22font-size: medium;%22>50+<\/span><\/strong><\/span><\/p>\n<p>&#8221; content_phone=&#8221;<\/p>\n<p><span><span style=%22color: #a0a0a0;%22><span style=%22font-size: small;%22>Cryptocurrencies <\/span><\/span><br \/><span style=%22color: #a0a0a0;%22><span style=%22font-size: small;%22>Available for Trade<\/span> <\/span>                       <span style=%22font-size: medium;%22>        <\/span><\/span><span style=%22font-family: ABeeZee;%22><strong><span style=%22font-size: medium;%22>50+<\/span><\/strong><\/span><\/p>\n<p>&#8221; content_last_edited=&#8221;off|tablet&#8221; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;13px&#8221; custom_margin=&#8221;3px||3px||true|false&#8221; locked=&#8221;off&#8221; inline_fonts=&#8221;ABeeZee&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p><span><span style=\"color: #a0a0a0;\"><span style=\"font-size: small;\">Cryptocurrencies <\/span><\/span><br \/><span style=\"color: #a0a0a0;\"><span style=\"font-size: small;\">Available for Trade<\/span>\u00a0<\/span>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 <span style=\"font-size: medium;\">\u00a0 \u00a0 \u00a0<strong>400<\/strong><\/span><\/span><strong><span style=\"font-family: ABeeZee;\"><span style=\"font-size: medium;\">+<\/span><\/span><\/strong><\/p>\n[\/et_pb_text][et_pb_divider color=&#8221;#c3cce5&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||-20px||false|false&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;13px&#8221; custom_margin=&#8221;3px||3px||true|false&#8221; locked=&#8221;off&#8221; inline_fonts=&#8221;ABeeZee&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p style=\"text-align: center;\"><span style=\"color: #a0a0a0; font-size: small;\">Sign-up bonus<\/span><br \/><span style=\"font-family: ABeeZee;\"><strong><span style=\"font-size: medium;\">\u00a0$30,000 sign-up bonus*<\/span><\/strong><\/span><\/p>\n[\/et_pb_text][et_pb_divider color=&#8221;#c3cce5&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||-20px||false|false&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;13px&#8221; custom_margin=&#8221;3px||3px||true|false&#8221; locked=&#8221;off&#8221; inline_fonts=&#8221;ABeeZee&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p style=\"text-align: center;\"><span style=\"color: #a0a0a0; font-size: small;\">Available in<\/span><br \/><span style=\"font-family: ABeeZee;\"><strong><span style=\"font-size: medium;\">Europe, Asia, Oceania, Africa<\/span><\/strong><\/span><\/p>\n[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;20px|20px|20px|20px|true|true&#8221; border_radii=&#8221;on|15px|15px|15px|15px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#c3cce5&#8243; box_shadow_style=&#8221;preset1&#8243; box_shadow_spread=&#8221;20px&#8221; box_shadow_color=&#8221;#fcf9f1&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||13px|||&#8221; link_option_url=&#8221;https:\/\/www.mexc.com\/en-US\/register?inviteCode=mexc-1NEbG&#8221; link_option_url_new_window=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p class=\"icon-circle\">3<\/p>\n<p><strong>\u00a0MEXC<\/strong><\/p>\n[\/et_pb_text][et_pb_image src=&#8221;https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/04\/Create-MEXC-Account.png&#8221; alt=&#8221;Create MEXC Account&#8221; title_text=&#8221;Create MEXC Account&#8221; url=&#8221;https:\/\/www.mexc.com\/en-US\/register?inviteCode=mexc-1NEbG&#8221; url_new_window=&#8221;on&#8221; align=&#8221;center&#8221; _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; width=&#8221;65%&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_image][et_pb_button button_url=&#8221;https:\/\/www.mexc.com\/en-US\/register?inviteCode=mexc-1NEbG&#8221; url_new_window=&#8221;on&#8221; button_text=&#8221;Register&#8221; button_alignment=&#8221;center&#8221; _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; button_text_size=&#8221;14px&#8221; button_bg_color=&#8221;#35b782&#8243; button_font=&#8221;ABeeZee|700||on|||||&#8221; custom_css_main_element=&#8221;width: 100%;&#8221; global_colors_info=&#8221;{}&#8221; button_bg_color__hover=&#8221;#2e9e71&#8243; button_bg_enable_color__hover=&#8221;on&#8221; filter_brightness__hover_enabled=&#8221;on|hover&#8221; filter_brightness__hover=&#8221;100%&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_button][et_pb_text content_tablet=&#8221;<\/p>\n<p class=%22label%22><span style=%22color: #a0a0a0;%22>Fees (Maker\/Taker)<\/span>                                                                                         <span style=%22font-family: ABeeZee; font-weight: normal; font-size: small;%22><strong>1.99%*\/1.99%*<\/strong><\/span><\/p>\n<p>&#8221; content_phone=&#8221;<\/p>\n<p class=%22label%22><span style=%22color: #a0a0a0;%22>Fees (Maker\/Taker)<\/span>               <span style=%22font-family: ABeeZee; font-weight: normal; font-size: small;%22><strong>1.99%*\/1.99%*<\/strong><\/span><\/p>\n<p>&#8221; content_last_edited=&#8221;off|tablet&#8221; _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;13px&#8221; custom_margin=&#8221;3px||3px||true|false&#8221; inline_fonts=&#8221;ABeeZee&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p class=\"label\"><span style=\"color: #a0a0a0;\">Fees (Maker\/Taker)<\/span>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 <span style=\"font-family: ABeeZee; font-weight: normal; font-size: small;\"><strong>0.2%*-0.2%*<\/strong><\/span><\/p>\n[\/et_pb_text][et_pb_divider color=&#8221;#c3cce5&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||-20px||false|false&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_divider][et_pb_text content_tablet=&#8221;<\/p>\n<p><span><span style=%22color: #a0a0a0;%22><span style=%22font-size: small;%22>Cryptocurrencies <\/span><\/span><br \/><span style=%22color: #a0a0a0;%22><span style=%22font-size: small;%22>Available for Trade<\/span> <\/span>                       <span style=%22font-size: medium;%22>                                                              <\/span><\/span><span style=%22font-family: ABeeZee;%22><strong><span style=%22font-size: medium;%22>50+<\/span><\/strong><\/span><\/p>\n<p>&#8221; content_phone=&#8221;<\/p>\n<p><span><span style=%22color: #a0a0a0;%22><span style=%22font-size: small;%22>Cryptocurrencies <\/span><\/span><br \/><span style=%22color: #a0a0a0;%22><span style=%22font-size: small;%22>Available for Trade<\/span> <\/span>                       <span style=%22font-size: medium;%22>        <\/span><\/span><span style=%22font-family: ABeeZee;%22><strong><span style=%22font-size: medium;%22>50+<\/span><\/strong><\/span><\/p>\n<p>&#8221; content_last_edited=&#8221;off|tablet&#8221; _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;13px&#8221; custom_margin=&#8221;3px||3px||true|false&#8221; inline_fonts=&#8221;ABeeZee&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p><span><span style=\"color: #a0a0a0;\"><span style=\"font-size: small;\">Cryptocurrencies <\/span><\/span><br \/><span style=\"color: #a0a0a0;\"><span style=\"font-size: small;\">Available for Trade<\/span>\u00a0<\/span> \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 <span style=\"font-size: medium;\">\u00a0 \u00a0 \u00a0<strong>1500<\/strong><\/span><\/span><strong><span style=\"font-family: ABeeZee;\"><span style=\"font-size: medium;\">+<\/span><\/span><\/strong><\/p>\n[\/et_pb_text][et_pb_divider color=&#8221;#c3cce5&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||-20px||false|false&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;13px&#8221; custom_margin=&#8221;3px||3px||true|false&#8221; inline_fonts=&#8221;ABeeZee&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p style=\"text-align: center;\"><span style=\"color: #a0a0a0;\"><span style=\"color: #a0a0a0; font-size: small;\">Sign-up bonus<\/span> <\/span><br \/><span style=\"font-family: ABeeZee;\"><strong><span style=\"font-size: medium;\">\u00a010% reduced trading fees &amp; up to $170 in USDT vouchers*<\/span><\/strong><\/span><\/p>\n[\/et_pb_text][et_pb_divider color=&#8221;#c3cce5&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||-20px||false|false&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;13px&#8221; custom_margin=&#8221;3px||3px||true|false&#8221; inline_fonts=&#8221;ABeeZee&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p style=\"text-align: center;\"><span style=\"color: #a0a0a0; font-size: small;\">Available in<\/span><br \/><span style=\"font-family: ABeeZee;\"><strong><span style=\"font-size: medium;\">North America, South America, Europe, Asia, Oceania, Africa<\/span><\/strong><\/span><\/p>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p>In order to sign up, you will need to enter some basic information, such as your email address, password, full name and, in some cases, you might also be asked for a phone number or address.<\/p>\n<p><strong>Note:<\/strong><span>\u00a0<\/span>On specific exchanges, you might need to complete a<span>\u00a0<\/span><a href=\"https:\/\/www.investopedia.com\/terms\/k\/knowyourclient.asp\" target=\"_blank\" rel=\"noopener\">Know Your Customer (KYC)<\/a>\u00a0procedure in order to be able to purchase cryptocurrency. This is most commonly the case with licensed and regulated exchanges.<\/p>\n<h2><strong>Step 2: Deposit funds into your account<\/strong><\/h2>\n<p>Many cryptocurrency exchanges will allow you to purchase Solana (SOL) with fiat currencies, such as EUR, USD, AUD and others. Furthermore, they will also provide you with multiple deposit methods through which you can fund your fiat account, such as credit and debit cards, ewallets or direct bank transfers.<\/p>\n<p><strong>Note:<\/strong><span>\u00a0<\/span>Some payment methods will have higher fees than others, such as credit card payments. Before funding your fiat account on your chosen exchange, make sure to do your due diligence to find out the fees involved with each payment method to avoid unnecessary costs.<\/p>\n<h2><strong>Step 3: Buy Solana (SOL)<\/strong><\/h2>\n<p>This process is similar across almost every cryptocurrency exchange. All you have to do is find a navigation bar or a search bar, and search for Solana (SOL) or Solana (SOL) trading pairs. Look for the section that will allow you to buy Solana (SOL), and enter the amount of the cryptocurrency that you want to spend for Solana (SOL) or the amount of fiat currency that you want to spend towards buying Solana (SOL). The exchange will then calculate the equivalent amount of Solana (SOL) based on the current market rate.<\/p>\n<p><strong>Note:<\/strong><span>\u00a0<\/span>Make sure to always double-check your transaction details, such as the amount of Solana (SOL) you will be buying as well as the total cost of the purchase before you end up confirming the transaction. Furthermore, many cryptocurrency exchanges will offer you their own proprietary software wallet where you will be storing your cryptocurrencies; however, you can create your own individual software wallet, or<span>\u00a0<\/span>purchase a hardware wallet<span>\u00a0<\/span>for the highest level of protection.<\/p>\n[\/et_pb_text][et_pb_divider color=&#8221;#ff8f00&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_divider][et_pb_text content_tablet=&#8221;<\/p>\n<h2><strong>How to create a Binance account<\/strong><\/h2>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/Binance.png%22 width=%22219%22 height=%2239%22 alt=%22Create Binance Account%22 class=%22wp-image-6495 alignnone size-full%22 \/><\/p>\n<p>%91expand title=%22Show Detailed Instructions%22 swaptitle=%22Hide Detailed Instructions%22 tag=%22h4%22 id=%22r2d2wiki2%22%93<\/p>\n<p id=%22odmue%22><strong>Step 1: <\/strong>Go to the <a href=%22https:\/\/accounts.binance.com\/en\/register?ref=RP2JHHRW%22>Binance<\/a> website.<\/p>\n<p><strong>Step 2:<\/strong> <span>On the registration page, enter your email address, and create a password for your account.<br \/>Then, read and agree to the Terms of Service and click %22Create Account%22.<\/span><\/p>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Create-a-Binance-Account-Step-2.jpg%22 width=%22345%22 height=%22470%22 alt=%22How To Create a Binance Account Step 2%22 class=%22wp-image-6496 alignnone size-full%22 \/><\/p>\n<div class=%22css-3fpgoh%22>\n<p><strong><span class=%22css-1vaed0j%22>Note: <\/span><\/strong><span class=%22css-1vaed0j%22>Your password must be a combination of numbers and letters.<br \/>It should contain at least 8 characters, one UPPER CASE letter, and one number.<\/span><\/p>\n<p><span class=%22css-1vaed0j%22><\/span><\/p>\n<\/div>\n<div class=%22css-3fpgoh%22>\n<p><strong><span class=%22css-1vaed0j%22>Step 3:<\/span><\/strong><span class=%22css-1vaed0j%22> <\/span><span class=%22css-1vaed0j%22><span>Complete the Security Verification.<\/span><\/span><\/p>\n<p><span class=%22css-1vaed0j%22><span><\/span><\/span><\/p>\n<\/div>\n<div class=%22css-3fpgoh%22><span class=%22css-1vaed0j%22><span><\/span><\/span><\/div>\n<div class=%22css-3fpgoh%22><span class=%22css-1vaed0j%22><span><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Create-a-Binance-Account-Step-3.jpg%22 width=%22367%22 height=%22375%22 alt=%22How To Create a Binance Account Step 3%22 class=%22wp-image-6497 alignnone size-full%22 \/><br \/><\/span><\/span><span class=%22css-1vaed0j%22><span><\/span><\/span><\/div>\n<div class=%22css-3fpgoh%22><strong><span class=%22css-1vaed0j%22><br \/>Step 4:<\/span><\/strong><span class=%22css-1vaed0j%22> <\/span><span>The system will send a verification code to your email. The verification code is valid for 30 minutes. If you can\u2019t find the email in your inbox, check your other mail folders as well, or click %22Resend Email%22<\/span><span> to resend.<\/span><\/div>\n<div class=%22css-3fpgoh%22><span><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Create-a-Binance-Account-Step-4.jpg%22 width=%22497%22 height=%22426%22 alt=%22How To Create a Binance Account Step 4%22 class=%22wp-image-6498 alignnone size-full%22 \/><\/span><\/div>\n<div class=%22css-3fpgoh%22><span>Congratulations, you have successfully registered on Binance.<\/span><\/div>\n<div class=%22css-3fpgoh%22>\n<h2><strong><\/strong><\/h2>\n<h2><strong><\/strong><\/h2>\n<h2><strong><\/strong><\/h2>\n<h2><strong>How to complete KYC (ID Verification) on Binance<\/strong><\/h2>\n<p><strong><\/strong><\/p>\n<\/div>\n<div class=%22css-3fpgoh%22>\n<p><strong>Step 1: <\/strong><span>Log in to your Binance account and click %22User Center%22 and then %22<\/span>Identification%22.<br \/><span style=%22font-size: 18px;%22> <\/span><\/p>\n<\/div>\n<div class=%22css-3fpgoh%22><\/div>\n<div class=%22css-3fpgoh%22><\/div>\n<div class=%22css-3fpgoh%22><\/div>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-1.jpg%22 width=%222552%22 height=%22803%22 alt=%22%22 class=%22wp-image-6500 alignnone size-full%22 \/><\/p>\n<p><strong>Step 2: <\/strong><span>click %22Start Now%22<\/span><span> to verify your account.<\/span><\/p>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-2.jpg%22 width=%222363%22 height=%221255%22 alt=%22How To Complete KYC (ID Verification) on Binance Step 2%22 class=%22wp-image-6501 alignnone size-full%22 \/><\/p>\n<p><strong>Step 3:<\/strong> <span class=%22css-1vaed0j%22>Select your country of residence.<span><br \/><\/span><\/span><span class=%22css-1vfcfi6%22><strong class=%22css-1lohbqv%22>Ensure that your country of residence is consistent with your ID documents.<\/strong><\/span><\/p>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-3.jpg%22 width=%22531%22 height=%22633%22 alt=%22%22 class=%22wp-image-6502 alignnone size-full%22 \/><\/p>\n<div class=%22css-3fpgoh%22><span class=%22css-1vaed0j%22>You will then see the list of verification requirements for your specific country\/region. Click %22Continue%22.<\/span><\/div>\n<div class=%22css-3fpgoh%22><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-4.jpg%22 width=%22529%22 height=%22637%22 alt=%22How To Complete KYC (ID Verification) on Binance Step 4%22 class=%22wp-image-6503 alignnone size-full%22 \/><\/div>\n<div class=%22css-3fpgoh%22>\n<p><strong><span class=%22css-1vaed0j%22>Step 5: <\/span><\/strong>Enter your personal information and click %22Continue.%22<\/p>\n<div class=%22css-3fpgoh%22><span class=%22css-1vaed0j%22>Make sure that<\/span><span class=%22css-1vfcfi6%22><span> <\/span><strong class=%22css-1lohbqv%22>all the information entered is consistent with your ID documents<\/strong><\/span><span class=%22css-1vaed0j%22>.<br \/>You won\u2019t be able to change it once confirmed.<\/span><\/div>\n<div class=%22css-3fpgoh%22><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-5.jpg%22 width=%22530%22 height=%22641%22 alt=%22%22 class=%22wp-image-6504 alignnone size-full%22 \/><\/div>\n<div class=%22css-3fpgoh%22><strong><span class=%22css-1vaed0j%22>Step 6:<\/span><\/strong><span class=%22css-1vaed0j%22> <\/span><span class=%22css-1vaed0j%22><span>Next, you will need to upload pictures of your ID documents. Choose the type of ID and the country your documents were issued. Most users can choose to verify with a passport, ID card, or driver\u2019s license.<br \/><\/span><strong class=%22css-1lohbqv%22>Refer to the respective options offered for your country.<\/strong><\/span><\/div>\n<div class=%22css-3fpgoh%22><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-6.jpg%22 width=%22531%22 height=%22640%22 alt=%22How To Complete KYC (ID Verification) on Binance Step 6%22 class=%22wp-image-6505 alignnone size-full%22 \/><\/div>\n<div class=%22css-3fpgoh%22>\n<p><strong><span class=%22css-1vaed0j%22>Step 7: <\/span><\/strong>Follow the instructions to upload photos of your document. Your photos should clearly show the full ID document.<\/p>\n<div class=%22css-3fpgoh%22><span class=%22css-1vaed0j%22>For example, if you are using an ID card, you have to take photos of the front and back of your ID card.<\/span><\/div>\n<div class=%22css-3fpgoh%22><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-7.jpg%22 width=%22532%22 height=%22640%22 alt=%22How To Complete KYC (ID Verification) on Binance Step 7%22 class=%22wp-image-6506 alignnone size-full%22 \/><\/div>\n<div class=%22css-3fpgoh%22><strong><span class=%22css-1vaed0j%22>Step 8:<\/span><\/strong><span class=%22css-1vaed0j%22> <\/span><span class=%22css-1vaed0j%22><span>After uploading the document photos, the system will ask for a selfie. Click %22Upload File%22<\/span><strong class=%22css-1lohbqv%22><span> <\/span><\/strong><span>to upload an existing photo from your computer.<\/span><\/span><\/div>\n<div class=%22css-3fpgoh%22><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-8.jpg%22 width=%22530%22 height=%22639%22 alt=%22%22 class=%22wp-image-6508 alignnone size-full%22 \/><\/div>\n<div class=%22css-3fpgoh%22><strong><span class=%22css-1vaed0j%22>Step 9:<\/span><\/strong><span class=%22css-1vaed0j%22> <\/span><span class=%22css-1vaed0j%22>After that, the system will ask you to complete face verification. Click %22Continue%22 to finish face verification on your computer. <span>Alternatively, you can move your mouse to<\/span><strong class=%22css-1lohbqv%22><span> <\/span><\/strong><span>the QR code on the bottom right<\/span><strong class=%22css-1lohbqv%22><span> <\/span><\/strong><span>to complete the verification on your phone instead. Scan the QR code via your phone&#8217;s camera to finish the face verification process.<br \/><\/span><span class=%22css-1vfcfi6%22><strong class=%22css-1lohbqv%22>Do not wear hats, glasses, or use filters, and make sure that the lighting is sufficient.<\/strong><\/span><\/span><\/div>\n<div class=%22css-3fpgoh%22><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-9.jpg%22 width=%22531%22 height=%22642%22 alt=%22%22 class=%22wp-image-6509 alignnone size-full%22 \/><\/div>\n<div class=%22css-3fpgoh%22><span class=%22css-1vaed0j%22><span class=%22css-1vfcfi6%22>After completing the process, please wait patiently.<br \/>Once your application has been verified, you will receive an email notification.<\/span><\/span><\/div>\n<div class=%22css-3fpgoh%22>\n<h2><strong><\/strong><\/h2>\n<h2><strong><\/strong><\/h2>\n<h2><strong>How to buy cryptocurrency on Binance<\/strong><\/h2>\n<p><strong>Step 1: <\/strong>Log in to your <a href=%22https:\/\/accounts.binance.com\/en\/register?ref=RP2JHHRW%22>Binance<\/a> account <span>and click %22Buy Crypto%22 and then %22Credit\/Debit Card%22. <\/span><\/p>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-1.jpg%22 width=%221988%22 height=%221131%22 alt=%22How To Buy Cryptocurrency on Binance Step 1%22 class=%22wp-image-6512 alignnone size-full%22 \/><\/p>\n<p><strong>Step 2:<\/strong> <span>Here you can choose to buy crypto with different fiat currencies. Enter the fiat amount you want to spend and the system will automatically display the amount of crypto you can get. When you have selected the amount you wish to spend then press %22Continue%22.<\/span><\/p>\n<p><span><strong>Note: <\/strong>You might not be able to purchase every cryptocurrency directly using <a href=%22https:\/\/simplecryptoguide.com\/what-is-fiat-currency\/%22>fiat<\/a>, if you&#8217;re looking to purchase something that isn&#8217;t offered in the currency list on this page, then you will want to purchase USDT. We will then show you how to exchange that on the spot-market for the cryptocurrency that you want in the next section of this guide.<\/span><\/p>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-2.jpg%22 width=%221992%22 height=%221129%22 alt=%22%22 class=%22wp-image-6514 alignnone size-full%22 \/><\/p>\n<p><strong>Step 3:<\/strong> Click %22Add New Card%22. Then enter your credit card details and your billing address.<\/p>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-3.jpg%22 width=%221992%22 height=%221124%22 alt=%22%22 class=%22wp-image-6516 alignnone size-full%22 \/><\/p>\n<p><strong>Step 4: <\/strong><span>Check the payment details and confirm your order within 1 minute. After 1 minute, the price and the amount of crypto you will get will be recalculated. You can click %22Refresh%22 <\/span><span>to see the latest market price. You will then be redirected to your bank&#8217;s OTP Transaction Page. Follow the on-screen instructions to verify the payment.<\/span><\/p>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-4.jpg%22 width=%221990%22 height=%221226%22 alt=%22How To Buy Cryptocurrency on Binance Step 4%22 class=%22wp-image-6518 alignnone size-full%22 \/><\/p>\n<\/div>\n<div class=%22css-3fpgoh%22>\n<h2><strong><span style=%22font-family: inherit;%22><\/span><\/strong><\/h2>\n<h2 id=%225sd6ms%22><strong><span style=%22font-family: inherit;%22>How to Conduct Spot Trading on Binance<\/span><\/strong><\/h2>\n<p><span style=%22font-family: inherit;%22><strong>Step 1: <\/strong>Log in to your <a href=%22https:\/\/accounts.binance.com\/en\/register?ref=RP2JHHRW%22>Binance<\/a> account.<br \/>Click on %22Classic%22 under %22Trade%22 on the top navigation bar.<\/span><\/p>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-1.jpg%22 width=%222535%22 height=%22858%22 alt=%22How to Conduct Spot Trading on Binance Step 1%22 class=%22wp-image-6522 alignnone size-full%22 \/><\/p>\n<p><strong>Step 2: <\/strong>Search and enter the cryptocurrency you want to trade.<\/p>\n<\/p>\n<\/div>\n<div class=%22css-3fpgoh%22><\/div>\n<div class=%22css-3fpgoh%22><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-2.jpg%22 width=%222540%22 height=%221224%22 alt=%22%22 class=%22wp-image-6523 alignnone size-full%22 \/><\/div>\n<div class=%22css-3fpgoh%22><strong><\/strong><\/div>\n<div class=%22css-3fpgoh%22><strong><\/strong><\/div>\n<div class=%22css-3fpgoh%22>\n<p><strong><br \/>Step 3: <\/strong>Set buying\/selling prices and buying\/selling amount (or exchange total). Then click on %22Buy%22\/%22Sell%22.<br \/>(<strong>Note<\/strong>: The percentages under the %22Amount%22 box refer to percentages of the total account balance.)<\/p>\n<\/p>\n<\/div>\n<div class=%22css-3fpgoh%22><\/div>\n<div class=%22css-3fpgoh%22><\/div>\n<div class=%22css-3fpgoh%22><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-3.jpg%22 width=%221107%22 height=%22487%22 alt=%22%22 class=%22wp-image-6524 alignnone size-full%22 \/><\/div>\n<div class=%22css-3fpgoh%22><strong><\/strong><\/div>\n<div class=%22css-3fpgoh%22>\n<p><strong><br \/>Step 4: <\/strong>If you don&#8217;t want to set a manual price, you can place a %22Market Order%22 to set the buying\/selling price automatically.<span style=%22font-size: 18px;%22> <\/span><\/p>\n<\/p>\n<\/div>\n<div class=%22css-3fpgoh%22><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-4.jpg%22 width=%221107%22 height=%22417%22 alt=%22How to Conduct Spot Trading on Binance Step 4%22 class=%22wp-image-6526 alignnone size-full%22 \/><\/div>\n<\/div>\n<\/div>\n<h4><span class=%22collapseomatic colomat-close scroll-to-trigger%22 id=%22bot-r2d2wiki2%22>Hide Detailed Instructions<\/span><\/h4>\n<p>%91\/expand%93<\/p>\n<p>&#8221; content_phone=&#8221;<\/p>\n<h2><strong>How to create a Binance account<\/strong><\/h2>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/Binance.png%22 width=%22219%22 height=%2239%22 alt=%22Create Binance Account%22 class=%22wp-image-6495 alignnone size-full%22 \/><\/p>\n<p>%91expand title=%22Show Detailed Instructions%22 swaptitle=%22Hide Detailed Instructions%22 tag=%22h4%22 id=%22r2d2wiki2%22%93<\/p>\n<p id=%22odmue%22><strong>Step 1: <\/strong>Go to the <a href=%22https:\/\/accounts.binance.com\/en\/register?ref=RP2JHHRW%22>Binance<\/a> website.<\/p>\n<p><strong>Step 2:<\/strong> <span>On the registration page, enter your email address, and create a password for your account.<br \/>Then, read and agree to the Terms of Service and click %22Create Account%22.<\/span><\/p>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Create-a-Binance-Account-Step-2.jpg%22 width=%22345%22 height=%22470%22 alt=%22How To Create a Binance Account Step 2%22 class=%22wp-image-6496 alignnone size-full%22 \/><\/p>\n<div class=%22css-3fpgoh%22>\n<p><strong><span class=%22css-1vaed0j%22>Note: <\/span><\/strong><span class=%22css-1vaed0j%22>Your password must be a combination of numbers and letters.<br \/>It should contain at least 8 characters, one UPPER CASE letter, and one number.<\/span><\/p>\n<p><span class=%22css-1vaed0j%22><\/span><\/p>\n<\/div>\n<div class=%22css-3fpgoh%22>\n<p><strong><span class=%22css-1vaed0j%22>Step 3:<\/span><\/strong><span class=%22css-1vaed0j%22> <\/span><span class=%22css-1vaed0j%22><span>Complete the Security Verification.<\/span><\/span><\/p>\n<p><span class=%22css-1vaed0j%22><span><\/span><\/span><\/p>\n<\/div>\n<div class=%22css-3fpgoh%22><span class=%22css-1vaed0j%22><span><\/span><\/span><\/div>\n<div class=%22css-3fpgoh%22><span class=%22css-1vaed0j%22><span><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Create-a-Binance-Account-Step-3.jpg%22 width=%22367%22 height=%22375%22 alt=%22How To Create a Binance Account Step 3%22 class=%22wp-image-6497 alignnone size-full%22 \/><br \/><\/span><\/span><span class=%22css-1vaed0j%22><span><\/span><\/span><\/div>\n<div class=%22css-3fpgoh%22><strong><span class=%22css-1vaed0j%22><br \/>Step 4:<\/span><\/strong><span class=%22css-1vaed0j%22> <\/span><span>The system will send a verification code to your email. The verification code is valid for 30 minutes. If you can\u2019t find the email in your inbox, check your other mail folders as well, or click %22Resend Email%22<\/span><span> to resend.<\/span><\/div>\n<div class=%22css-3fpgoh%22><span><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Create-a-Binance-Account-Step-4.jpg%22 width=%22497%22 height=%22426%22 alt=%22How To Create a Binance Account Step 4%22 class=%22wp-image-6498 alignnone size-full%22 \/><\/span><\/div>\n<div class=%22css-3fpgoh%22><span>Congratulations, you have successfully registered on Binance.<\/span><\/div>\n<div class=%22css-3fpgoh%22>\n<h2><strong><\/strong><\/h2>\n<h2><strong><\/strong><\/h2>\n<h2><strong><\/strong><\/h2>\n<h2><strong>How to complete KYC (ID Verification) on Binance<\/strong><\/h2>\n<p><strong><\/strong><\/p>\n<\/div>\n<div class=%22css-3fpgoh%22>\n<p><strong>Step 1: <\/strong><span>Log in to your Binance account and click %22User Center%22 and then %22<\/span>Identification%22.<br \/><span style=%22font-size: 18px;%22> <\/span><\/p>\n<\/div>\n<div class=%22css-3fpgoh%22><\/div>\n<div class=%22css-3fpgoh%22><\/div>\n<div class=%22css-3fpgoh%22><\/div>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-1.jpg%22 width=%222552%22 height=%22803%22 alt=%22%22 class=%22wp-image-6500 alignnone size-full%22 \/><\/p>\n<p><strong>Step 2: <\/strong><span>click %22Start Now%22<\/span><span> to verify your account.<\/span><\/p>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-2.jpg%22 width=%222363%22 height=%221255%22 alt=%22How To Complete KYC (ID Verification) on Binance Step 2%22 class=%22wp-image-6501 alignnone size-full%22 \/><\/p>\n<p><strong>Step 3:<\/strong> <span class=%22css-1vaed0j%22>Select your country of residence.<span><br \/><\/span><\/span><span class=%22css-1vfcfi6%22><strong class=%22css-1lohbqv%22>Ensure that your country of residence is consistent with your ID documents.<\/strong><\/span><\/p>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-3.jpg%22 width=%22531%22 height=%22633%22 alt=%22%22 class=%22wp-image-6502 alignnone size-full%22 \/><\/p>\n<div class=%22css-3fpgoh%22><span class=%22css-1vaed0j%22>You will then see the list of verification requirements for your specific country\/region. Click %22Continue%22.<\/span><\/div>\n<div class=%22css-3fpgoh%22><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-4.jpg%22 width=%22529%22 height=%22637%22 alt=%22How To Complete KYC (ID Verification) on Binance Step 4%22 class=%22wp-image-6503 alignnone size-full%22 \/><\/div>\n<div class=%22css-3fpgoh%22>\n<p><strong><span class=%22css-1vaed0j%22>Step 5: <\/span><\/strong>Enter your personal information and click %22Continue.%22<\/p>\n<div class=%22css-3fpgoh%22><span class=%22css-1vaed0j%22>Make sure that<\/span><span class=%22css-1vfcfi6%22><span> <\/span><strong class=%22css-1lohbqv%22>all the information entered is consistent with your ID documents<\/strong><\/span><span class=%22css-1vaed0j%22>.<br \/>You won\u2019t be able to change it once confirmed.<\/span><\/div>\n<div class=%22css-3fpgoh%22><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-5.jpg%22 width=%22530%22 height=%22641%22 alt=%22%22 class=%22wp-image-6504 alignnone size-full%22 \/><\/div>\n<div class=%22css-3fpgoh%22><strong><span class=%22css-1vaed0j%22>Step 6:<\/span><\/strong><span class=%22css-1vaed0j%22> <\/span><span class=%22css-1vaed0j%22><span>Next, you will need to upload pictures of your ID documents. Choose the type of ID and the country your documents were issued. Most users can choose to verify with a passport, ID card, or driver\u2019s license.<br \/><\/span><strong class=%22css-1lohbqv%22>Refer to the respective options offered for your country.<\/strong><\/span><\/div>\n<div class=%22css-3fpgoh%22><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-6.jpg%22 width=%22531%22 height=%22640%22 alt=%22How To Complete KYC (ID Verification) on Binance Step 6%22 class=%22wp-image-6505 alignnone size-full%22 \/><\/div>\n<div class=%22css-3fpgoh%22>\n<p><strong><span class=%22css-1vaed0j%22>Step 7: <\/span><\/strong>Follow the instructions to upload photos of your document. Your photos should clearly show the full ID document.<\/p>\n<div class=%22css-3fpgoh%22><span class=%22css-1vaed0j%22>For example, if you are using an ID card, you have to take photos of the front and back of your ID card.<\/span><\/div>\n<div class=%22css-3fpgoh%22><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-7.jpg%22 width=%22532%22 height=%22640%22 alt=%22How To Complete KYC (ID Verification) on Binance Step 7%22 class=%22wp-image-6506 alignnone size-full%22 \/><\/div>\n<div class=%22css-3fpgoh%22><strong><span class=%22css-1vaed0j%22>Step 8:<\/span><\/strong><span class=%22css-1vaed0j%22> <\/span><span class=%22css-1vaed0j%22><span>After uploading the document photos, the system will ask for a selfie. Click %22Upload File%22<\/span><strong class=%22css-1lohbqv%22><span> <\/span><\/strong><span>to upload an existing photo from your computer.<\/span><\/span><\/div>\n<div class=%22css-3fpgoh%22><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-8.jpg%22 width=%22530%22 height=%22639%22 alt=%22%22 class=%22wp-image-6508 alignnone size-full%22 \/><\/div>\n<div class=%22css-3fpgoh%22><strong><span class=%22css-1vaed0j%22>Step 9:<\/span><\/strong><span class=%22css-1vaed0j%22> <\/span><span class=%22css-1vaed0j%22>After that, the system will ask you to complete face verification. Click %22Continue%22 to finish face verification on your computer. <span>Alternatively, you can move your mouse to<\/span><strong class=%22css-1lohbqv%22><span> <\/span><\/strong><span>the QR code on the bottom right<\/span><strong class=%22css-1lohbqv%22><span> <\/span><\/strong><span>to complete the verification on your phone instead. Scan the QR code via your phone&#8217;s camera to finish the face verification process.<br \/><\/span><span class=%22css-1vfcfi6%22><strong class=%22css-1lohbqv%22>Do not wear hats, glasses, or use filters, and make sure that the lighting is sufficient.<\/strong><\/span><\/span><\/div>\n<div class=%22css-3fpgoh%22><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-9.jpg%22 width=%22531%22 height=%22642%22 alt=%22%22 class=%22wp-image-6509 alignnone size-full%22 \/><\/div>\n<div class=%22css-3fpgoh%22><span class=%22css-1vaed0j%22><span class=%22css-1vfcfi6%22>After completing the process, please wait patiently.<br \/>Once your application has been verified, you will receive an email notification.<\/span><\/span><\/div>\n<div class=%22css-3fpgoh%22>\n<h2><strong><\/strong><\/h2>\n<h2><strong><\/strong><\/h2>\n<h2><strong>How to buy cryptocurrency on Binance<\/strong><\/h2>\n<p><strong>Step 1: <\/strong>Log in to your <a href=%22https:\/\/accounts.binance.com\/en\/register?ref=RP2JHHRW%22>Binance<\/a> account <span>and click %22Buy Crypto%22 and then %22Credit\/Debit Card%22. <\/span><\/p>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-1.jpg%22 width=%221988%22 height=%221131%22 alt=%22How To Buy Cryptocurrency on Binance Step 1%22 class=%22wp-image-6512 alignnone size-full%22 \/><\/p>\n<p><strong>Step 2:<\/strong> <span>Here you can choose to buy crypto with different fiat currencies. Enter the fiat amount you want to spend and the system will automatically display the amount of crypto you can get. When you have selected the amount you wish to spend then press %22Continue%22.<\/span><\/p>\n<p><span><strong>Note: <\/strong>You might not be able to purchase every cryptocurrency directly using <a href=%22https:\/\/simplecryptoguide.com\/what-is-fiat-currency\/%22>fiat<\/a>, if you&#8217;re looking to purchase something that isn&#8217;t offered in the currency list on this page, then you will want to purchase USDT. We will then show you how to exchange that on the spot-market for the cryptocurrency that you want in the next section of this guide.<\/span><\/p>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-2.jpg%22 width=%221992%22 height=%221129%22 alt=%22%22 class=%22wp-image-6514 alignnone size-full%22 \/><\/p>\n<p><strong>Step 3:<\/strong> Click %22Add New Card%22. Then enter your credit card details and your billing address.<\/p>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-3.jpg%22 width=%221992%22 height=%221124%22 alt=%22%22 class=%22wp-image-6516 alignnone size-full%22 \/><\/p>\n<p><strong>Step 4: <\/strong><span>Check the payment details and confirm your order within 1 minute. After 1 minute, the price and the amount of crypto you will get will be recalculated. You can click %22Refresh%22 <\/span><span>to see the latest market price. You will then be redirected to your bank&#8217;s OTP Transaction Page. Follow the on-screen instructions to verify the payment.<\/span><\/p>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-4.jpg%22 width=%221990%22 height=%221226%22 alt=%22How To Buy Cryptocurrency on Binance Step 4%22 class=%22wp-image-6518 alignnone size-full%22 \/><\/p>\n<\/div>\n<div class=%22css-3fpgoh%22>\n<h2><strong><span style=%22font-family: inherit;%22><\/span><\/strong><\/h2>\n<h2 id=%225sd6ms%22><strong><span style=%22font-family: inherit;%22>How to Conduct Spot Trading on Binance<\/span><\/strong><\/h2>\n<p><span style=%22font-family: inherit;%22><strong>Step 1: <\/strong>Log in to your <a href=%22https:\/\/accounts.binance.com\/en\/register?ref=RP2JHHRW%22>Binance<\/a> account.<br \/>Click on %22Classic%22 under %22Trade%22 on the top navigation bar.<\/span><\/p>\n<\/p>\n<p><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-1.jpg%22 width=%222535%22 height=%22858%22 alt=%22How to Conduct Spot Trading on Binance Step 1%22 class=%22wp-image-6522 alignnone size-full%22 \/><\/p>\n<p><strong>Step 2: <\/strong>Search and enter the cryptocurrency you want to trade.<\/p>\n<\/div>\n<div class=%22css-3fpgoh%22><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-2.jpg%22 width=%222540%22 height=%221224%22 alt=%22%22 class=%22wp-image-6523 alignnone size-full%22 \/><\/div>\n<div class=%22css-3fpgoh%22>\n<p><strong>Step 3: <\/strong>Set buying\/selling prices and buying\/selling amount (or exchange total). Then click on %22Buy%22\/%22Sell%22.<br \/>(<strong>Note<\/strong>: The percentages under the %22Amount%22 box refer to percentages of the total account balance.)<\/p>\n<\/div>\n<div class=%22css-3fpgoh%22><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-3.jpg%22 width=%221107%22 height=%22487%22 alt=%22%22 class=%22wp-image-6524 alignnone size-full%22 \/><strong><\/strong><\/div>\n<div class=%22css-3fpgoh%22>\n<p><strong>Step 4: <\/strong>If you don&#8217;t want to set a manual price, you can place a %22Market Order%22 to set the buying\/selling price automatically.<\/p>\n<p><span style=%22font-size: 18px;%22> <\/span><\/p>\n<\/div>\n<div class=%22css-3fpgoh%22><img src=%22https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-4.jpg%22 width=%221107%22 height=%22417%22 alt=%22How to Conduct Spot Trading on Binance Step 4%22 class=%22wp-image-6526 alignnone size-full%22 \/><\/div>\n<\/div>\n<\/div>\n<h4><span class=%22collapseomatic colomat-close scroll-to-trigger%22 id=%22bot-r2d2wiki2%22>Hide Detailed Instructions<\/span><\/h4>\n<p>%91\/expand%93<\/p>\n<p>&#8221; content_last_edited=&#8221;off|desktop&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; text_orientation=&#8221;center&#8221; custom_margin=&#8221;20px||20px||true|false&#8221; custom_margin_tablet=&#8221;20px||20px||true|false&#8221; custom_margin_phone=&#8221;20px||20px||true|false&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; custom_padding=&#8221;20px|20px|20px|20px|true|true&#8221; border_radii=&#8221;on|15px|15px|15px|15px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#c3cce5&#8243; box_shadow_style=&#8221;preset1&#8243; box_shadow_spread=&#8221;20px&#8221; box_shadow_color=&#8221;#fcf9f1&#8243; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<h2><strong>How to create a Binance account<\/strong><\/h2>\n<p><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/Binance.png\" width=\"219\" height=\"39\" alt=\"Create Binance Account\" class=\"wp-image-6495 alignnone size-full\" title=\"\"><\/p>\n<h4 class=\"collapseomatic \" id=\"r2d2wiki2\"  tabindex=\"0\" title=\"Show Detailed Instructions\"    >Show Detailed Instructions<\/h4><h4 id='swap-r2d2wiki2'  class='colomat-swap' style='display:none;'>Hide Detailed Instructions<\/h4><div id=\"target-r2d2wiki2\" class=\"collapseomatic_content \">\n<p id=\"odmue\"><strong>Step 1:\u00a0<\/strong>Go to the <a href=\"https:\/\/accounts.binance.com\/en\/register?ref=RP2JHHRW\" target=\"_blank\" rel=\"noopener\">Binance<\/a> website.<\/p>\n<p><strong>Step 2:<\/strong> <span>On the registration page, enter your email address, and create a password for your account.<br \/>Then, read and agree to the Terms of Service and click &#8220;Create Account&#8221;.<\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Create-a-Binance-Account-Step-2.jpg\" width=\"345\" height=\"470\" alt=\"How To Create a Binance Account Step 2\" class=\"wp-image-6496 alignnone size-full\" title=\"\"><\/p>\n<div class=\"css-3fpgoh\">\n<p><strong><span class=\"css-1vaed0j\">Note: <\/span><\/strong><span class=\"css-1vaed0j\">Your password must be a combination of numbers and letters.<br \/>It should contain at least 8 characters, one UPPER CASE letter, and one number.<\/span><\/p>\n<p><span class=\"css-1vaed0j\"><\/span><\/p>\n<\/div>\n<div class=\"css-3fpgoh\">\n<p><strong><span class=\"css-1vaed0j\">Step 3:<\/span><\/strong><span class=\"css-1vaed0j\">\u00a0<\/span><span class=\"css-1vaed0j\"><span>Complete the Security Verification.<\/span><\/span><\/p>\n<p><span class=\"css-1vaed0j\"><span><\/span><\/span><\/p>\n<\/div>\n<div class=\"css-3fpgoh\"><span class=\"css-1vaed0j\"><span><\/span><\/span><\/div>\n<div class=\"css-3fpgoh\"><span class=\"css-1vaed0j\"><span><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Create-a-Binance-Account-Step-3.jpg\" width=\"367\" height=\"375\" alt=\"How To Create a Binance Account Step 3\" class=\"wp-image-6497 alignnone size-full\" title=\"\"><br \/><\/span><\/span><span class=\"css-1vaed0j\"><span><\/span><\/span><\/div>\n<div class=\"css-3fpgoh\"><strong><span class=\"css-1vaed0j\"><br \/>Step 4:<\/span><\/strong><span class=\"css-1vaed0j\"> <\/span><span>The system will send a verification code to your email. The verification code is valid for 30 minutes. If you can\u2019t find the email in your inbox, check your other mail folders as well, or click &#8220;Resend Email&#8221;<\/span><span>\u00a0to resend.<\/span><\/div>\n<div class=\"css-3fpgoh\"><span><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Create-a-Binance-Account-Step-4.jpg\" width=\"497\" height=\"426\" alt=\"How To Create a Binance Account Step 4\" class=\"wp-image-6498 alignnone size-full\" title=\"\" srcset=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Create-a-Binance-Account-Step-4.jpg 497w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Create-a-Binance-Account-Step-4-480x412.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 497px, 100vw\" \/><\/span><\/div>\n<div class=\"css-3fpgoh\"><span>Congratulations, you have successfully registered on Binance.<\/span><\/div>\n<div class=\"css-3fpgoh\">\n<h2><strong><\/strong><\/h2>\n<h2><strong><\/strong><\/h2>\n<h2><strong><\/strong><\/h2>\n<h2><strong>How to complete KYC (ID Verification) on Binance<\/strong><\/h2>\n<p><strong><\/strong><\/p>\n<\/div>\n<div class=\"css-3fpgoh\">\n<p><strong>Step 1:\u00a0<\/strong><span>Log in to your Binance account and click &#8220;User Center&#8221; and then &#8220;<\/span>Identification&#8221;.<br \/><span style=\"font-size: 18px;\">\u00a0<\/span><\/p>\n<\/div>\n<div class=\"css-3fpgoh\"><\/div>\n<div class=\"css-3fpgoh\"><\/div>\n<div class=\"css-3fpgoh\"><\/div>\n<p><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-1.jpg\" width=\"2552\" height=\"803\" alt=\"\" class=\"wp-image-6500 alignnone size-full\" title=\"\" srcset=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-1.jpg 2552w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-1-1280x403.jpg 1280w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-1-980x308.jpg 980w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-1-480x151.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 2552px, 100vw\" \/><\/p>\n<p><strong>Step 2:\u00a0<\/strong><span>click &#8220;Start Now&#8221;<\/span><span>\u00a0to verify your account.<\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-2.jpg\" width=\"2363\" height=\"1255\" alt=\"How To Complete KYC (ID Verification) on Binance Step 2\" class=\"wp-image-6501 alignnone size-full\" title=\"\" srcset=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-2.jpg 2363w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-2-1280x680.jpg 1280w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-2-980x520.jpg 980w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-2-480x255.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 2363px, 100vw\" \/><\/p>\n<p><strong>Step 3:<\/strong> <span class=\"css-1vaed0j\">Select your country of residence.<span><br \/><\/span><\/span><span class=\"css-1vfcfi6\"><strong class=\"css-1lohbqv\">Ensure that your country of residence is consistent with your ID documents.<\/strong><\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-3.jpg\" width=\"531\" height=\"633\" alt=\"\" class=\"wp-image-6502 alignnone size-full\" title=\"\"><\/p>\n<div class=\"css-3fpgoh\"><span class=\"css-1vaed0j\">You will then see the list of verification requirements for your specific country\/region. Click &#8220;Continue&#8221;.<\/span><\/div>\n<div class=\"css-3fpgoh\"><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-4.jpg\" width=\"529\" height=\"637\" alt=\"How To Complete KYC (ID Verification) on Binance Step 4\" class=\"wp-image-6503 alignnone size-full\" title=\"\"><\/div>\n<div class=\"css-3fpgoh\">\n<p><strong><span class=\"css-1vaed0j\">Step 5: <\/span><\/strong>Enter your personal information and click &#8220;Continue.&#8221;<\/p>\n<div class=\"css-3fpgoh\"><span class=\"css-1vaed0j\">Make sure that<\/span><span class=\"css-1vfcfi6\"><span>\u00a0<\/span><strong class=\"css-1lohbqv\">all the information entered is consistent with your ID documents<\/strong><\/span><span class=\"css-1vaed0j\">.<br \/>You won\u2019t be able to change it once confirmed.<\/span><\/div>\n<div class=\"css-3fpgoh\"><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-5.jpg\" width=\"530\" height=\"641\" alt=\"\" class=\"wp-image-6504 alignnone size-full\" title=\"\"><\/div>\n<div class=\"css-3fpgoh\"><strong><span class=\"css-1vaed0j\">Step 6:<\/span><\/strong><span class=\"css-1vaed0j\">\u00a0<\/span><span class=\"css-1vaed0j\"><span>Next, you will need to upload pictures of your ID documents. Choose the type of ID and the country your documents were issued. Most users can choose to verify with a passport, ID card, or driver\u2019s license.<br \/><\/span><strong class=\"css-1lohbqv\">Refer to the respective options offered for your country.<\/strong><\/span><\/div>\n<div class=\"css-3fpgoh\"><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-6.jpg\" width=\"531\" height=\"640\" alt=\"How To Complete KYC (ID Verification) on Binance Step 6\" class=\"wp-image-6505 alignnone size-full\" title=\"\"><\/div>\n<div class=\"css-3fpgoh\">\n<p><strong><span class=\"css-1vaed0j\">Step 7: <\/span><\/strong>Follow the instructions to upload photos of your document. Your photos should clearly show the full ID document.<\/p>\n<div class=\"css-3fpgoh\"><span class=\"css-1vaed0j\">For example, if you are using an ID card, you have to take photos of the front and back of your ID card.<\/span><\/div>\n<div class=\"css-3fpgoh\"><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-7.jpg\" width=\"532\" height=\"640\" alt=\"How To Complete KYC (ID Verification) on Binance Step 7\" class=\"wp-image-6506 alignnone size-full\" title=\"\"><\/div>\n<div class=\"css-3fpgoh\"><strong><span class=\"css-1vaed0j\">Step 8:<\/span><\/strong><span class=\"css-1vaed0j\">\u00a0<\/span><span class=\"css-1vaed0j\"><span>After uploading the document photos, the system will ask for a selfie. Click &#8220;Upload File&#8221;<\/span><strong class=\"css-1lohbqv\"><span>\u00a0<\/span><\/strong><span>to upload an existing photo from your computer.<\/span><\/span><\/div>\n<div class=\"css-3fpgoh\"><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-8.jpg\" width=\"530\" height=\"639\" alt=\"\" class=\"wp-image-6508 alignnone size-full\" title=\"\"><\/div>\n<div class=\"css-3fpgoh\"><strong><span class=\"css-1vaed0j\">Step 9:<\/span><\/strong><span class=\"css-1vaed0j\">\u00a0<\/span><span class=\"css-1vaed0j\">After that, the system will ask you to complete face verification. Click &#8220;Continue&#8221; to finish face verification on your computer. <span>Alternatively, you can move your mouse to<\/span><strong class=\"css-1lohbqv\"><span>\u00a0<\/span><\/strong><span>the QR code on the bottom right<\/span><strong class=\"css-1lohbqv\"><span>\u00a0<\/span><\/strong><span>to complete the verification on your phone instead. Scan the QR code via your phone&#8217;s camera to finish the face verification process.<br \/><\/span><span class=\"css-1vfcfi6\"><strong class=\"css-1lohbqv\">Do not wear hats, glasses, or use filters, and make sure that the lighting is sufficient.<\/strong><\/span><\/span><\/div>\n<div class=\"css-3fpgoh\"><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Complete-KYC-ID-Verification-on-Binance-Step-9.jpg\" width=\"531\" height=\"642\" alt=\"\" class=\"wp-image-6509 alignnone size-full\" title=\"\"><\/div>\n<div class=\"css-3fpgoh\"><span class=\"css-1vaed0j\"><span class=\"css-1vfcfi6\">After completing the process, please wait patiently.<br \/>Once your application has been verified, you will receive an email notification.<\/span><\/span><\/div>\n<div class=\"css-3fpgoh\">\n<h2><strong><\/strong><\/h2>\n<h2><strong><\/strong><\/h2>\n<h2><strong>How to buy cryptocurrency on Binance<\/strong><\/h2>\n<p><strong>Step 1: <\/strong>Log in to your <a href=\"https:\/\/accounts.binance.com\/en\/register?ref=RP2JHHRW\" target=\"_blank\" rel=\"noopener\">Binance<\/a> account <span>and click &#8220;Buy Crypto&#8221; and then &#8220;Credit\/Debit Card&#8221;.\u00a0<\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-1.jpg\" width=\"1988\" height=\"1131\" alt=\"How To Buy Cryptocurrency on Binance Step 1\" class=\"wp-image-6512 alignnone size-full\" title=\"\" srcset=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-1.jpg 1988w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-1-1280x728.jpg 1280w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-1-980x558.jpg 980w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-1-480x273.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 1988px, 100vw\" \/><\/p>\n<p><strong>Step 2:<\/strong>\u00a0<span>Here you can choose to buy crypto with different fiat currencies. Enter the fiat amount you want to spend and the system will automatically display the amount of crypto you can get. When you have selected the amount you wish to spend then press &#8220;Continue&#8221;.<\/span><\/p>\n<p><span><strong>Note:\u00a0<\/strong>You might not be able to purchase every cryptocurrency directly using <a href=\"https:\/\/simplecryptoguide.com\/what-is-fiat-currency\/\">fiat<\/a>, if you&#8217;re looking to purchase something that isn&#8217;t offered in the currency list on this page, then you will want to purchase USDT. We will then show you how to exchange that on the spot-market for the cryptocurrency that you want in the next section of this guide.<\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-2.jpg\" width=\"1992\" height=\"1129\" alt=\"\" class=\"wp-image-6514 alignnone size-full\" title=\"\" srcset=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-2.jpg 1992w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-2-1280x725.jpg 1280w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-2-980x555.jpg 980w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-2-480x272.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 1992px, 100vw\" \/><\/p>\n<p><strong>Step 3:<\/strong> Click &#8220;Add New Card&#8221;. Then enter your credit card details and your billing address.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-3.jpg\" width=\"1992\" height=\"1124\" alt=\"\" class=\"wp-image-6516 alignnone size-full\" title=\"\" srcset=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-3.jpg 1992w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-3-1280x722.jpg 1280w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-3-980x553.jpg 980w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-3-480x271.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 1992px, 100vw\" \/><\/p>\n<p><strong>Step 4:\u00a0<\/strong><span>Check the payment details and confirm your order within 1 minute. After 1 minute, the price and the amount of crypto you will get will be recalculated. You can click &#8220;Refresh&#8221; <\/span><span>to see the latest market price. You will then be redirected to your bank&#8217;s OTP Transaction Page. Follow the on-screen instructions to verify the payment.<\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-4.jpg\" width=\"1990\" height=\"1226\" alt=\"How To Buy Cryptocurrency on Binance Step 4\" class=\"wp-image-6518 alignnone size-full\" title=\"\" srcset=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-4.jpg 1990w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-4-1280x789.jpg 1280w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-4-980x604.jpg 980w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-To-Buy-Cryptocurrency-on-Binance-Step-4-480x296.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 1990px, 100vw\" \/><\/p>\n<\/div>\n<div class=\"css-3fpgoh\">\n<h2><strong><span style=\"font-family: inherit;\"><\/span><\/strong><\/h2>\n<h2 id=\"5sd6ms\"><strong><span style=\"font-family: inherit;\">How to Conduct Spot Trading on Binance<\/span><\/strong><\/h2>\n<p><span style=\"font-family: inherit;\"><strong>Step 1:\u00a0<\/strong>Log in to your <a href=\"https:\/\/accounts.binance.com\/en\/register?ref=RP2JHHRW\" target=\"_blank\" rel=\"noopener\">Binance<\/a> account.<br \/>Click on &#8220;Classic&#8221; under &#8220;Trade&#8221; on the top navigation bar.<\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-1.jpg\" width=\"2535\" height=\"858\" alt=\"How to Conduct Spot Trading on Binance Step 1\" class=\"wp-image-6522 alignnone size-full\" title=\"\" srcset=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-1.jpg 2535w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-1-1280x433.jpg 1280w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-1-980x332.jpg 980w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-1-480x162.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 2535px, 100vw\" \/><\/p>\n<p><strong>Step 2:\u00a0<\/strong>Search and enter the cryptocurrency you want to trade.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-2.jpg\" width=\"2540\" height=\"1224\" alt=\"\" class=\"wp-image-6523 alignnone size-full\" title=\"\" srcset=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-2.jpg 2540w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-2-1280x617.jpg 1280w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-2-980x472.jpg 980w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-2-480x231.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 2540px, 100vw\" \/><\/p>\n<p><strong>Step 3: <\/strong>Set buying\/selling prices and buying\/selling amount (or exchange total). Then click on &#8220;Buy&#8221;\/&#8221;Sell&#8221;.<\/p>\n<\/div>\n<div class=\"css-3fpgoh\">\n<p>(<strong>Note<\/strong>: The percentages under the &#8220;Amount&#8221; box refer to percentages of the total account balance.)<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-3.jpg\" width=\"1107\" height=\"487\" alt=\"\" class=\"wp-image-6524 alignnone size-full\" title=\"\" srcset=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-3.jpg 1107w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-3-980x431.jpg 980w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-3-480x211.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1107px, 100vw\" \/><\/p>\n<p><strong>Step 4: <\/strong>If you don&#8217;t want to set a manual price, you can place a &#8220;Market Order&#8221; to set the buying\/selling price automatically.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-4.jpg\" width=\"1107\" height=\"417\" alt=\"How to Conduct Spot Trading on Binance Step 4\" class=\"wp-image-6526 alignnone size-full\" title=\"\" srcset=\"https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-4.jpg 1107w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-4-980x369.jpg 980w, https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/01\/How-to-Conduct-Spot-Trading-on-Binance-Step-4-480x181.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1107px, 100vw\" \/><\/p>\n<\/div>\n<\/div>\n<\/div>\n<h4><span class=\"collapseomatic colomat-close scroll-to-trigger\" id=\"bot-r2d2wiki2\">Hide Detailed Instructions<\/span><\/h4>\n<\/div>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p><span>For more in-depth instructions, our &#8216;<a href=\"https:\/\/simplecryptoguide.com\/the-absolute-beginners-guide-to-cryptocurrency-investing\/\">Absolute Beginner&#8217;s Guide To Cryptocurrency Investing<\/a>&#8216; will take you through the process step-by step. In addition to providing instructions for sending and receiving your cryptocurrency.<br \/>And if you&#8217;re completely new to crypto our <a href=\"https:\/\/simplecryptoguide.com\/\">beginner, intermediate and advanced level articles<\/a>\u00a0will get you up to speed with everything you need to know about the cryptocurrency space starting out.\u00a0<\/span><\/p>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;3px||2px|||&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text module_id=&#8221;exchanges&#8221; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;Inter|600|||||||&#8221; header_2_text_color=&#8221;#333333&#8243; header_2_font_size=&#8221;38px&#8221; header_2_letter_spacing=&#8221;0px&#8221; header_2_line_height=&#8221;1.4em&#8221; header_3_font=&#8221;Rubik|600|||||||&#8221; header_3_text_color=&#8221;#000000&#8243; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;||0px|||&#8221; header_2_font_tablet=&#8221;Inter|600|||||||&#8221; header_2_font_phone=&#8221;Inter|600|||||||&#8221; header_2_font_last_edited=&#8221;on|phone&#8221; header_2_font_size_tablet=&#8221;38px&#8221; header_2_font_size_phone=&#8221;34px&#8221; header_2_font_size_last_edited=&#8221;on|desktop&#8221; header_3_font_size_phone=&#8221;32px&#8221; border_width_bottom=&#8221;2px&#8221; border_color_bottom=&#8221;#ffc517&#8243; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<h2>What is Solana (SOL)?<\/h2>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px||0px|||&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;2px|||||&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p><span>Solana is a <a href=\"https:\/\/simplecryptoguide.com\/what-is-blockchain\/\">blockchain<\/a> network focused on fast transactions and high throughput. It uses a unique method of ordering transactions to improve its speed. Users can pay their transaction fees and interact with smart contracts with SOL, the network\u2019s native cryptocurrency.<\/span><\/p>\n<div class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\">When it comes to <a href=\"https:\/\/simplecryptoguide.com\/what-is-blockchain\/\">blockchain<\/a> technology,<span>\u00a0<\/span>scalability<span>\u00a0<\/span>is one of the biggest challenges out there. As these networks grow, they often face limitations in terms of transaction speed and confirmation times. Solana aims to tackle these limitations without compromising security or <a href=\"https:\/\/simplecryptoguide.com\/what-is-decentralized-finance-defi\/\">decentralization<\/a>.<\/div>\n<p class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\">Founded in 2017 by\u00a0Anatoly Yakovenko from\u00a0Solana Labs, the Solana blockchain adopts a new method of verifying transactions. <a href=\"https:\/\/simplecryptoguide.com\/how-to-buy-bitcoin\/\">Bitcoin<\/a>, <a href=\"https:\/\/simplecryptoguide.com\/how-to-buy-ethereum\/\">Ethereum<\/a>, and many other projects suffer from scalability and speed issues. Using a method known as Proof of History (PoH), the Solana blockchain can handle thousands of transactions per second.<\/p>\n<h2 class=\"sc-bdnxRM Text-msjfkz-0 Heading-juwhnu-0 dbXIgF iHaJKc\"><strong><\/strong><\/h2>\n<h2 id=\"header-1\" class=\"sc-bdnxRM Text-msjfkz-0 Heading-juwhnu-0 dbXIgF iHaJKc\"><strong>How does Solana work?<\/strong><\/h2>\n<div class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\">Solana is a third-generation,<span>\u00a0<\/span>Proof of Stake<span>\u00a0<\/span>blockchain. It has implemented a unique way of creating a trustless system for determining the time of a transaction called Proof of History.<\/div>\n<div class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\">Keeping track of the order of transactions is hugely vital for cryptocurrencies. Bitcoin does this by bundling transactions into<span>\u00a0<\/span>blocks<span>\u00a0<\/span>with a single timestamp. Each node has to validate these blocks in consensus with other nodes. This process adds in a significant waiting time for nodes to confirm a block across the network. Solana instead takes a different approach. Let\u2019s take a closer look.<\/div>\n<div class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\">\n<h2 class=\"sc-bdnxRM Text-msjfkz-0 Heading-juwhnu-0 dbXIgF iHaJKc\"><strong><\/strong><\/h2>\n<h2 id=\"header-2\" class=\"sc-bdnxRM Text-msjfkz-0 Heading-juwhnu-0 dbXIgF iHaJKc\"><strong>What is Proof of History?<\/strong><\/h2>\n<div class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\">Solana events and transactions are all<span>\u00a0<\/span>hashed<span>\u00a0<\/span>using the SHA256 hash function. This function takes an input and produces a unique output that is extremely difficult to predict. Solana takes the output of a transaction and uses it as the input for the next hash. The order of the transactions is now inbuilt into the hashed output.<\/div>\n<p class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\">This hashing process creates a long, unbroken chain of hashed transactions. This feature makes a clear, verifiable order of transactions that a validator adds to a block, without the need for a conventional timestamp. Hashing also requires a certain amount of time to complete, meaning validators can easily verify how much time has passed.<\/p>\n<div class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\">Proof of History differs from the process Bitcoin uses as part of its<span>\u00a0<\/span>Proof of Work<span>\u00a0<\/span>consensus mechanism. Blocks on Bitcoin are large groups of unordered transactions. Each BTC<span>\u00a0<\/span>miner<span>\u00a0<\/span>adds the time and date to the block they mine based on their local clock. The time may differ according to other nodes or even be false. Nodes then have to figure out if the timestamp is valid.<\/div>\n<p class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\">By ordering the transactions in a chain of hashes, validators process and transmit less information in each block. Using a hashed version of the latest state of transactions greatly reduces the time of confirming a new block.<\/p>\n<div class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\">It\u2019s important to understand that Proof of History is not a consensus mechanism. It is instead a way of improving the time spent confirming the order of transactions. When combined with proof of stake, selecting the next validator for a block is much easier.<span>\u00a0<\/span>Nodes<span>\u00a0<\/span>need less time to validate the order of transactions, meaning the network chooses a new validator quicker.<\/div>\n<div class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\">\n<h2 class=\"sc-bdnxRM Text-msjfkz-0 Heading-juwhnu-0 dbXIgF iHaJKc\"><strong><\/strong><\/h2>\n<h2 id=\"header-3\" class=\"sc-bdnxRM Text-msjfkz-0 Heading-juwhnu-0 dbXIgF iHaJKc\"><strong>Solana\u2019s key features<\/strong><\/h2>\n<div class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\">According to their<span>\u00a0<\/span><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/medium.com\/solana-labs\/7-innovations-that-make-solana-the-first-web-scale-blockchain-ddc50b1defda\" class=\"sc-bdnxRM Text-msjfkz-0 bUPXym\">blog<\/a>, the Solana team has developed eight core technical features to help the blockchain match the capabilities of a centralized system. Proof of History is perhaps the most notable one, but there are also:<\/div>\n<ul class=\"Renderer__List-mfgg8t-1 iCnByt\">\n<li class=\"sc-bdnxRM Text-msjfkz-0 gJhQaH\">\n<div class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\"><strong>Tower BFT<\/strong> \u2014 a PoH-optimized version of Practical<span>\u00a0<\/span>Byzantine Fault Tolerance<\/div>\n<\/li>\n<li class=\"sc-bdnxRM Text-msjfkz-0 gJhQaH\">\n<p class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\"><strong>Turbine<\/strong> \u2014 a block propagation protocol<\/p>\n<\/li>\n<li class=\"sc-bdnxRM Text-msjfkz-0 gJhQaH\">\n<p class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\"><strong>Gulf Stream<\/strong> \u2014 Mempool-less transaction forwarding protocol<\/p>\n<\/li>\n<li class=\"sc-bdnxRM Text-msjfkz-0 gJhQaH\">\n<p class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\"><strong>Sealevel<\/strong> \u2014 Parallel smart contracts run-time<\/p>\n<\/li>\n<li class=\"sc-bdnxRM Text-msjfkz-0 gJhQaH\">\n<p class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\"><strong>Pipelining<\/strong> \u2014 a Transaction Processing Unit for validation optimization<\/p>\n<\/li>\n<li class=\"sc-bdnxRM Text-msjfkz-0 gJhQaH\">\n<p class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\"><strong>Cloudbreak<\/strong> \u2014 Horizontally-Scaled Accounts Database<\/p>\n<\/li>\n<li class=\"sc-bdnxRM Text-msjfkz-0 gJhQaH\">\n<p class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\"><strong>Archivers<\/strong> \u2014 Distributed ledger storage<\/p>\n<\/li>\n<\/ul>\n<div class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\">These features create a high-performance network that has 400ms block times and operates thousands of<span>\u00a0<\/span>transactions per second. To put this in perspective, the block time of Bitcoin is around 10 minutes, and<span>\u00a0<\/span>Ethereum<span>\u00a0<\/span>roughly 15 seconds.<\/div>\n<div class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\">SOL holders can stake their tokens as part of the blockchain\u2019s PoS consensus mechanism. With a compatible <a href=\"https:\/\/simplecryptoguide.com\/cryptocurrency-wallets\/\">crypto wallet<\/a>, you can stake your tokens with validators who process the network\u2019s transactions. A successful validator then shares some rewards with those who have staked. This reward mechanism incentivizes validators and delegators to act in the network\u2019s interest. As of May 2021, Solana has around 900 validators, which makes it a fairly decentralized network.<\/div>\n<div class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\">\n<h2 data-block-key=\"69k74\"><strong><\/strong><\/h2>\n<h2 data-block-key=\"69k74\" id=\"how-fast-is-solana\"><strong>How fast is Solana?<\/strong><\/h2>\n<p data-block-key=\"lsqol\">Solana can process 50,000 transactions per second (TPS) or more. In fact, it says that number could increase to as much as 700,000 TPS as the network grows. To put that in context, Ethereum currently processes 15 to 45 TPS.<\/p>\n<p data-block-key=\"qtdbb\">Visa says its payments system processes about 24,000 TPS. This is important because if cryptocurrencies are ever going to compete as a form of payment, they should at least be able to match Visa&#8217;s speed.<\/p>\n<h2 class=\"sc-bdnxRM Text-msjfkz-0 Heading-juwhnu-0 dbXIgF iHaJKc\"><strong><\/strong><\/h2>\n<h2 id=\"header-4\" class=\"sc-bdnxRM Text-msjfkz-0 Heading-juwhnu-0 dbXIgF iHaJKc\"><strong>What is THE SOL token?<\/strong><\/h2>\n<div class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\">SOL is Solana\u2019s native cryptocurrency, which works as a utility token. Users need SOL to pay transaction fees when making transfers or interacting with<span>\u00a0<\/span>smart contracts. The network burns SOL as part of its deflationary model. SOL holders can also become network validators. Like Ethereum, Solana allows developers to build smart contracts and create projects based on the blockchain.<\/div>\n<p class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\">SOL uses the SPL protocol. SPL is the token standard of the Solana blockchain, similar to ERC20 on Ethereum.<\/p>\n<p>The SOL token has two main use cases:<\/p>\n<p><\/p>\n<ul class=\"Renderer__List-mfgg8t-1 iCnByt\">\n<li class=\"sc-bdnxRM Text-msjfkz-0 gJhQaH\">\n<p class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\">Paying for transaction fees incurred when using the network or smart contracts.<\/p>\n<\/li>\n<li class=\"sc-bdnxRM Text-msjfkz-0 gJhQaH\">\n<p class=\"sc-bdnxRM Text-msjfkz-0 Renderer___StyledText-mfgg8t-2 FzXtN\">Staking tokens as part of the Proof of Stake consensus mechanism.<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n[\/et_pb_text][et_pb_image src=&#8221;https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/06\/Ethereum-vs-Solana.png&#8221; alt=&#8221;Solana vs Ethereum&#8221; title_text=&#8221;Solana vs Ethereum&#8221; show_in_lightbox=&#8221;on&#8221; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;07ed9e14-841d-48cd-a81c-e6cf5323e5ca&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<h2><strong>Solana vs. Ethereum<\/strong><\/h2>\n<p>Solana has received numerous accolades for its speed and performance, and it has even been mentioned as a legitimate competitor to crypto industry leaders like Ethereum.<\/p>\n<p>So, what distinguishes Solana from Ethereum, and can it be considered a potential Ethereum killer?<\/p>\n<p>In terms of processing speed, Solana is capable of challenging the dominant smart contract platform, allegedly reaching speeds of over 50,000 TPS. To avoid slow transaction confirmation, Solana employs a variety of consensus algorithms. Because of this feature, Solana is one of the fastest blockchains in the industry, allowing it to compete with industries other than the crypto space.<\/p>\n<p>In comparison to this massive number, the current Ethereum proof-of-work model can only handle 15 TPS. As a result, Solana outperforms Ethereum by thousands of times. Another benefit of the Solana network is its extreme cost-effectiveness, as the project implements new tokenomics for lower fees.<\/p>\n<p>Furthermore, while implementing one of the PoS variations, Solana&#8217;s blockchain is eco-friendlier and more sustainable. In contrast, Ethereum&#8217;s current PoW model necessitates the use of massive computational power.<\/p>\n<p>However, everyone in the cryptocurrency community is looking forward to Ethereum&#8217;s PoS upgrade. A new type of Ethereum is being developed, which will include an execution layer (previously known as Ethereum 1.0) and a consensus layer (previously Ethereum 2.0). It has the potential to significantly increase throughput, improve scalability, reduce transaction fees, and put an end to unsustainable power consumption.<\/p>\n[\/et_pb_text][et_pb_text _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<h2><strong>Solana (SOL) outages <\/strong><\/h2>\n<p>Solana&#8217;s network has been chastised for a number of network issues, some of which resulted in network shutdowns. In September 2021, for example, the network went down for 17 hours due to &#8220;resource exhaustion.&#8221;<\/p>\n<p>The network has had a number of issues that haven&#8217;t alarmed many investors, despite the fact that Solana&#8217;s usage and price have increased over time. However, many skeptics are concerned that the network is not sufficiently decentralized, given that a small group of developers could make unilateral decisions such as shutting down the network.<\/p>\n<p>It&#8217;s worth noting that Solana is a newer blockchain, and that most blockchains, including Bitcoin and Ethereum, have had brief outages.<\/p>\n<p>As Solana co-founder Yakovenko said to his community on\u00a0<a href=\"https:\/\/www.reddit.com\/r\/solana\/comments\/mp8plv\/solana_mainnet_beta\/\" target=\"_blank\" rel=\"noopener\">Reddit<\/a>, \u201cIf it takes 2 years to build, it will take 2 years to stabilize.\u201d<\/p>\n<p>Much of the recent innovation in technology has stemmed from the philosophy of &#8220;move fast and break things,&#8221; an internal Facebook motto and a concept in which things should be built quickly and issues should be worked out later to avoid stifling innovation.<\/p>\n[\/et_pb_text][et_pb_text _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<h2><strong>Solana (SOL) Partnerships<\/strong><\/h2>\n<p>The Solana ecosystem is absolutely massive, and it&#8217;s constantly growing. It&#8217;s home to DeFi projects,\u00a0<a href=\"https:\/\/simplecryptoguide.com\/what-is-a-non-fungible-token-nft\/\">NFT marketplaces<\/a>, crypto lending protocols, and Web3 apps. During 2021, the number of projects on Solana grew from 70 to more than 5,100.<\/p>\n<p>Here&#8217;s a selection of a few notable partners and projects:<\/p>\n<ul>\n<li>Solana and crypto exchange FTX worked together to build Serum, a high-speed, decentralized crypto exchange on Solana&#8217;s blockchain.<\/li>\n<li>Michael Jordan launched his debut NFT collection on HEIR, a Solana-based platform.<\/li>\n<li>NFT marketplace OpenSea is now listing Solana-based NFTs. It previously only offered Ethereum-based NFTs.<\/li>\n<li>Audius, an app designed to build a decentralized music community, chose to move to Solana. It researched more than 20 blockchain platforms before deciding.<\/li>\n<li>Solana also partners with the Arweave blockchain to permanently store large amounts of Solana&#8217;s data, including transaction history and NFT data files.<\/li>\n<\/ul>\n[\/et_pb_text][et_pb_text _builder_version=&#8221;4.23.1&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243; locked=&#8221;off&#8221;]\n<h2>Solana development updates in 2023<\/h2>\n<p>Solana, known for its high throughput and low transaction costs, has made significant strides in 2023. The following are some of the most important developments:<\/p>\n<ul>\n<li>\n<p><strong>Multi-Client Future and Increased Programmability<\/strong>: Solana is advancing towards having more than one independent validator client, enhancing network reliability and resiliency. This year, the network has become more programmable with tools like the Solidity compiler Solang, the Anchor framework, and Seahorse, which allows writing Anchor programs using Python. Token-22, a new token standard, is set to enable the development of new applications, including those involving royalties, ownership transfers, and confidential payments\u200b<span class=\"\" data-state=\"closed\"><a href=\"https:\/\/solana.com\/news\/looking-forward-what-the-solana-community-will-tackle-in-2023-and-beyond\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"px-0.5 text-green-600 !no-underline\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 19 15\" fill=\"none\" class=\"-mt-0.5 ml-0.5 inline-block text-link-base hover:text-link-hover\" width=\"19\" height=\"15\"><path d=\"M4.42 0.75H2.8625H2.75C1.64543 0.75 0.75 1.64543 0.75 2.75V11.65C0.75 12.7546 1.64543 13.65 2.75 13.65H2.8625C2.8625 13.65 2.8625 13.65 2.8625 13.65C2.8625 13.65 4.00751 13.65 4.42 13.65M13.98 13.65H15.5375H15.65C16.7546 13.65 17.65 12.7546 17.65 11.65V2.75C17.65 1.64543 16.7546 0.75 15.65 0.75H15.5375H13.98\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M6.16045 7.41534C5.32257 7.228 4.69638 6.47988 4.69638 5.58551C4.69638 4.54998 5.53584 3.71051 6.57136 3.71051C7.60689 3.71051 8.44635 4.54998 8.44635 5.58551C8.44635 5.8965 8.37064 6.1898 8.23664 6.448C8.22998 6.48984 8.21889 6.53136 8.20311 6.57208L6.77017 10.2702C6.63182 10.6272 6.18568 10.7873 5.7737 10.6276C5.36172 10.468 5.13991 10.0491 5.27826 9.69206L6.16045 7.41534ZM11.4177 7.41534C10.5798 7.228 9.95362 6.47988 9.95362 5.58551C9.95362 4.54998 10.7931 3.71051 11.8286 3.71051C12.8641 3.71051 13.7036 4.54998 13.7036 5.58551C13.7036 5.8965 13.6279 6.1898 13.4939 6.448C13.4872 6.48984 13.4761 6.53136 13.4604 6.57208L12.0274 10.2702C11.8891 10.6272 11.4429 10.7873 11.0309 10.6276C10.619 10.468 10.3971 10.0491 10.5355 9.69206L11.4177 7.41534Z\" fill=\"currentColor\"><\/path><\/svg><\/a><\/span>\u200b.<\/p>\n<\/li>\n<li>\n<p><strong>Performance Enhancements<\/strong>: There have been several upgrades to improve Solana&#8217;s performance. This includes turbine optimizations for instant global information transmission and upgrades to Solana\u2019s Sealevel runtime, making transaction processing faster. Additionally, engineers are working on optimizing the transaction scheduler and playback\u200b<span class=\"\" data-state=\"closed\"><a href=\"https:\/\/solana.com\/news\/looking-forward-what-the-solana-community-will-tackle-in-2023-and-beyond\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"px-0.5 text-green-600 !no-underline\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 19 15\" fill=\"none\" class=\"-mt-0.5 ml-0.5 inline-block text-link-base hover:text-link-hover\" width=\"19\" height=\"15\"><path d=\"M4.42 0.75H2.8625H2.75C1.64543 0.75 0.75 1.64543 0.75 2.75V11.65C0.75 12.7546 1.64543 13.65 2.75 13.65H2.8625C2.8625 13.65 2.8625 13.65 2.8625 13.65C2.8625 13.65 4.00751 13.65 4.42 13.65M13.98 13.65H15.5375H15.65C16.7546 13.65 17.65 12.7546 17.65 11.65V2.75C17.65 1.64543 16.7546 0.75 15.65 0.75H15.5375H13.98\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M6.16045 7.41534C5.32257 7.228 4.69638 6.47988 4.69638 5.58551C4.69638 4.54998 5.53584 3.71051 6.57136 3.71051C7.60689 3.71051 8.44635 4.54998 8.44635 5.58551C8.44635 5.8965 8.37064 6.1898 8.23664 6.448C8.22998 6.48984 8.21889 6.53136 8.20311 6.57208L6.77017 10.2702C6.63182 10.6272 6.18568 10.7873 5.7737 10.6276C5.36172 10.468 5.13991 10.0491 5.27826 9.69206L6.16045 7.41534ZM11.4177 7.41534C10.5798 7.228 9.95362 6.47988 9.95362 5.58551C9.95362 4.54998 10.7931 3.71051 11.8286 3.71051C12.8641 3.71051 13.7036 4.54998 13.7036 5.58551C13.7036 5.8965 13.6279 6.1898 13.4939 6.448C13.4872 6.48984 13.4761 6.53136 13.4604 6.57208L12.0274 10.2702C11.8891 10.6272 11.4429 10.7873 11.0309 10.6276C10.619 10.468 10.3971 10.0491 10.5355 9.69206L11.4177 7.41534Z\" fill=\"currentColor\"><\/path><\/svg><\/a><\/span>\u200b.<\/p>\n<\/li>\n<li>\n<p><strong>Network Security Improvements<\/strong>: Security has been a focal point, with the network seeing an increase in validators, making it more secure and censorship-resistant. Upcoming security improvements include automatic audits developed by OtterSec and Sec3 to help catch smart contract and development errors. Consumer-facing products like the Solana Mobile Stack\u2019s seed vault are also enhancing user security\u200b<span class=\"\" data-state=\"closed\"><a href=\"https:\/\/solana.com\/news\/looking-forward-what-the-solana-community-will-tackle-in-2023-and-beyond\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"px-0.5 text-green-600 !no-underline\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 19 15\" fill=\"none\" class=\"-mt-0.5 ml-0.5 inline-block text-link-base hover:text-link-hover\" width=\"19\" height=\"15\"><path d=\"M4.42 0.75H2.8625H2.75C1.64543 0.75 0.75 1.64543 0.75 2.75V11.65C0.75 12.7546 1.64543 13.65 2.75 13.65H2.8625C2.8625 13.65 2.8625 13.65 2.8625 13.65C2.8625 13.65 4.00751 13.65 4.42 13.65M13.98 13.65H15.5375H15.65C16.7546 13.65 17.65 12.7546 17.65 11.65V2.75C17.65 1.64543 16.7546 0.75 15.65 0.75H15.5375H13.98\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M6.16045 7.41534C5.32257 7.228 4.69638 6.47988 4.69638 5.58551C4.69638 4.54998 5.53584 3.71051 6.57136 3.71051C7.60689 3.71051 8.44635 4.54998 8.44635 5.58551C8.44635 5.8965 8.37064 6.1898 8.23664 6.448C8.22998 6.48984 8.21889 6.53136 8.20311 6.57208L6.77017 10.2702C6.63182 10.6272 6.18568 10.7873 5.7737 10.6276C5.36172 10.468 5.13991 10.0491 5.27826 9.69206L6.16045 7.41534ZM11.4177 7.41534C10.5798 7.228 9.95362 6.47988 9.95362 5.58551C9.95362 4.54998 10.7931 3.71051 11.8286 3.71051C12.8641 3.71051 13.7036 4.54998 13.7036 5.58551C13.7036 5.8965 13.6279 6.1898 13.4939 6.448C13.4872 6.48984 13.4761 6.53136 13.4604 6.57208L12.0274 10.2702C11.8891 10.6272 11.4429 10.7873 11.0309 10.6276C10.619 10.468 10.3971 10.0491 10.5355 9.69206L11.4177 7.41534Z\" fill=\"currentColor\"><\/path><\/svg><\/a><\/span>\u200b.<\/p>\n<\/li>\n<li>\n<p><strong>Network Performance Metrics<\/strong>: Solana&#8217;s network performance has shown steady improvement. The network has maintained a consistent average transactions per second rate, with maximum daily transactions per second seeing significant increases. This is due to network upgrades like QUIC, Stake Weighted QoS, and localized fee markets, which have enhanced network resilience during high traffic periods\u200b<span class=\"\" data-state=\"closed\"><a href=\"https:\/\/solana.com\/news\/network-performance-report-july-2023\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"px-0.5 text-green-600 !no-underline\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 19 15\" fill=\"none\" class=\"-mt-0.5 ml-0.5 inline-block text-link-base hover:text-link-hover\" width=\"19\" height=\"15\"><path d=\"M4.42 0.75H2.8625H2.75C1.64543 0.75 0.75 1.64543 0.75 2.75V11.65C0.75 12.7546 1.64543 13.65 2.75 13.65H2.8625C2.8625 13.65 2.8625 13.65 2.8625 13.65C2.8625 13.65 4.00751 13.65 4.42 13.65M13.98 13.65H15.5375H15.65C16.7546 13.65 17.65 12.7546 17.65 11.65V2.75C17.65 1.64543 16.7546 0.75 15.65 0.75H15.5375H13.98\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M6.16045 7.41534C5.32257 7.228 4.69638 6.47988 4.69638 5.58551C4.69638 4.54998 5.53584 3.71051 6.57136 3.71051C7.60689 3.71051 8.44635 4.54998 8.44635 5.58551C8.44635 5.8965 8.37064 6.1898 8.23664 6.448C8.22998 6.48984 8.21889 6.53136 8.20311 6.57208L6.77017 10.2702C6.63182 10.6272 6.18568 10.7873 5.7737 10.6276C5.36172 10.468 5.13991 10.0491 5.27826 9.69206L6.16045 7.41534ZM11.4177 7.41534C10.5798 7.228 9.95362 6.47988 9.95362 5.58551C9.95362 4.54998 10.7931 3.71051 11.8286 3.71051C12.8641 3.71051 13.7036 4.54998 13.7036 5.58551C13.7036 5.8965 13.6279 6.1898 13.4939 6.448C13.4872 6.48984 13.4761 6.53136 13.4604 6.57208L12.0274 10.2702C11.8891 10.6272 11.4429 10.7873 11.0309 10.6276C10.619 10.468 10.3971 10.0491 10.5355 9.69206L11.4177 7.41534Z\" fill=\"currentColor\"><\/path><\/svg><\/a><\/span>\u200b.<\/p>\n<\/li>\n<li>\n<p><strong>Confidentiality and Efficient Resource Usage<\/strong>: Solana is focusing more on confidentiality with features like Confidential Transfers. The recent update, v1.16, has reduced RAM usage for validators and introduced features like Epoch Accounts Hash for block and account verification issues. This update is part of a shift towards more agile release cycles, with smaller, more frequent updates planned\u200b<span class=\"\" data-state=\"closed\"><a href=\"https:\/\/www.thecoinrepublic.com\/2023\/10\/11\/new-solana-update-is-live-what-value-does-it-add-to-the-platform\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"px-0.5 text-green-600 !no-underline\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 19 15\" fill=\"none\" class=\"-mt-0.5 ml-0.5 inline-block text-link-base hover:text-link-hover\" width=\"19\" height=\"15\"><path d=\"M4.42 0.75H2.8625H2.75C1.64543 0.75 0.75 1.64543 0.75 2.75V11.65C0.75 12.7546 1.64543 13.65 2.75 13.65H2.8625C2.8625 13.65 2.8625 13.65 2.8625 13.65C2.8625 13.65 4.00751 13.65 4.42 13.65M13.98 13.65H15.5375H15.65C16.7546 13.65 17.65 12.7546 17.65 11.65V2.75C17.65 1.64543 16.7546 0.75 15.65 0.75H15.5375H13.98\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M6.16045 7.41534C5.32257 7.228 4.69638 6.47988 4.69638 5.58551C4.69638 4.54998 5.53584 3.71051 6.57136 3.71051C7.60689 3.71051 8.44635 4.54998 8.44635 5.58551C8.44635 5.8965 8.37064 6.1898 8.23664 6.448C8.22998 6.48984 8.21889 6.53136 8.20311 6.57208L6.77017 10.2702C6.63182 10.6272 6.18568 10.7873 5.7737 10.6276C5.36172 10.468 5.13991 10.0491 5.27826 9.69206L6.16045 7.41534ZM11.4177 7.41534C10.5798 7.228 9.95362 6.47988 9.95362 5.58551C9.95362 4.54998 10.7931 3.71051 11.8286 3.71051C12.8641 3.71051 13.7036 4.54998 13.7036 5.58551C13.7036 5.8965 13.6279 6.1898 13.4939 6.448C13.4872 6.48984 13.4761 6.53136 13.4604 6.57208L12.0274 10.2702C11.8891 10.6272 11.4429 10.7873 11.0309 10.6276C10.619 10.468 10.3971 10.0491 10.5355 9.69206L11.4177 7.41534Z\" fill=\"currentColor\"><\/path><\/svg><\/a><\/span>\u200b.<\/p>\n<\/li>\n<li>\n<p><strong>Decentralization and Validators<\/strong>: Solana&#8217;s decentralization has been strengthened, with a significant number of independent validators and a high Nakamoto coefficient. Validators play a crucial role in network security, transaction verification, and consensus on network changes\u200b<span class=\"\" data-state=\"closed\"><a href=\"https:\/\/www.indexuniverse.eu\/solana\/the-solana-roadmap-future-developments-and-upgrades\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"px-0.5 text-green-600 !no-underline\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 19 15\" fill=\"none\" class=\"-mt-0.5 ml-0.5 inline-block text-link-base hover:text-link-hover\" width=\"19\" height=\"15\"><path d=\"M4.42 0.75H2.8625H2.75C1.64543 0.75 0.75 1.64543 0.75 2.75V11.65C0.75 12.7546 1.64543 13.65 2.75 13.65H2.8625C2.8625 13.65 2.8625 13.65 2.8625 13.65C2.8625 13.65 4.00751 13.65 4.42 13.65M13.98 13.65H15.5375H15.65C16.7546 13.65 17.65 12.7546 17.65 11.65V2.75C17.65 1.64543 16.7546 0.75 15.65 0.75H15.5375H13.98\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M6.16045 7.41534C5.32257 7.228 4.69638 6.47988 4.69638 5.58551C4.69638 4.54998 5.53584 3.71051 6.57136 3.71051C7.60689 3.71051 8.44635 4.54998 8.44635 5.58551C8.44635 5.8965 8.37064 6.1898 8.23664 6.448C8.22998 6.48984 8.21889 6.53136 8.20311 6.57208L6.77017 10.2702C6.63182 10.6272 6.18568 10.7873 5.7737 10.6276C5.36172 10.468 5.13991 10.0491 5.27826 9.69206L6.16045 7.41534ZM11.4177 7.41534C10.5798 7.228 9.95362 6.47988 9.95362 5.58551C9.95362 4.54998 10.7931 3.71051 11.8286 3.71051C12.8641 3.71051 13.7036 4.54998 13.7036 5.58551C13.7036 5.8965 13.6279 6.1898 13.4939 6.448C13.4872 6.48984 13.4761 6.53136 13.4604 6.57208L12.0274 10.2702C11.8891 10.6272 11.4429 10.7873 11.0309 10.6276C10.619 10.468 10.3971 10.0491 10.5355 9.69206L11.4177 7.41534Z\" fill=\"currentColor\"><\/path><\/svg><\/a><\/span>\u200b.<\/p>\n<\/li>\n<li>\n<p><strong>Integration with Other Platforms<\/strong>: Efforts are ongoing to integrate Solana with other blockchain platforms like Ethereum and Polygon to facilitate interoperability between these networks\u200b<span class=\"\" data-state=\"closed\"><a href=\"https:\/\/www.indexuniverse.eu\/solana\/the-solana-roadmap-future-developments-and-upgrades\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"px-0.5 text-green-600 !no-underline\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 19 15\" fill=\"none\" class=\"-mt-0.5 ml-0.5 inline-block text-link-base hover:text-link-hover\" width=\"19\" height=\"15\"><path d=\"M4.42 0.75H2.8625H2.75C1.64543 0.75 0.75 1.64543 0.75 2.75V11.65C0.75 12.7546 1.64543 13.65 2.75 13.65H2.8625C2.8625 13.65 2.8625 13.65 2.8625 13.65C2.8625 13.65 4.00751 13.65 4.42 13.65M13.98 13.65H15.5375H15.65C16.7546 13.65 17.65 12.7546 17.65 11.65V2.75C17.65 1.64543 16.7546 0.75 15.65 0.75H15.5375H13.98\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M6.16045 7.41534C5.32257 7.228 4.69638 6.47988 4.69638 5.58551C4.69638 4.54998 5.53584 3.71051 6.57136 3.71051C7.60689 3.71051 8.44635 4.54998 8.44635 5.58551C8.44635 5.8965 8.37064 6.1898 8.23664 6.448C8.22998 6.48984 8.21889 6.53136 8.20311 6.57208L6.77017 10.2702C6.63182 10.6272 6.18568 10.7873 5.7737 10.6276C5.36172 10.468 5.13991 10.0491 5.27826 9.69206L6.16045 7.41534ZM11.4177 7.41534C10.5798 7.228 9.95362 6.47988 9.95362 5.58551C9.95362 4.54998 10.7931 3.71051 11.8286 3.71051C12.8641 3.71051 13.7036 4.54998 13.7036 5.58551C13.7036 5.8965 13.6279 6.1898 13.4939 6.448C13.4872 6.48984 13.4761 6.53136 13.4604 6.57208L12.0274 10.2702C11.8891 10.6272 11.4429 10.7873 11.0309 10.6276C10.619 10.468 10.3971 10.0491 10.5355 9.69206L11.4177 7.41534Z\" fill=\"currentColor\"><\/path><\/svg><\/a><\/span>\u200b.<\/p>\n<\/li>\n<\/ul>\n<p>These updates highlight Solana&#8217;s ongoing commitment to improving efficiency, scalability, security, and programmability, indicating a robust roadmap for 2023 and beyond.<\/p>\n[\/et_pb_text][et_pb_text _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p><strong>Official website<\/strong>: <a href=\"https:\/\/solana.com\/\" target=\"_blank\" rel=\"noopener\">https:\/\/solana.com\/<\/a><\/p>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_padding=&#8221;15px||0px||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||-2px|||&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<h2><strong>Best cryptocurrency wallet for Solana (SOL)<\/strong><\/h2>\n<p><span>There are plenty of different crypto wallets available. The best one for you depends on your general trading habits and which provides the most security in your situation. <\/span><span>There are two main types of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical). Both have their pros and cons, and there is not necessarily a right or wrong answer when it comes to figuring out which crypto wallet is best for you.<\/span><\/p>\n<h2><strong>HOW DO I DECIDE WHICH cryptocurrency WALLET TO USE for Solana (SOL)?<\/strong><\/h2>\n<p><span>Deciding which type of wallet to use depends on a variety of factors, including:<\/span><\/p>\n<ul>\n<li><b>How often you trade.<span>\u00a0<\/span><\/b><span>In general, hot wallets are better for more active cryptocurrency traders. Quick login ability means you are only a few clicks and taps away from buying and selling crypto. Cold wallets are better suited for those looking to make less frequent trades.\u00a0<\/span><\/li>\n<li><b>What you want to trade.<span>\u00a0<\/span><\/b><span>As mentioned earlier, not all wallets support all types of cryptocurrencies. However, some of the best crypto wallets have the power to trade hundreds of different currencies, providing more of a one-size-fits-all experience.<\/span><\/li>\n<li><b>Your peace of mind.<\/b><span>\u00a0For those worried about hacking, having a physical cold wallet stored in a safe deposit box at the bank or somewhere at home, provides the safest, most secure option. Others might be confident in their ability to keep their hot wallets secure.<\/span><\/li>\n<li><b>How much it costs.<\/b><span> It is important to investigate the costs associated with each wallet. Many hot wallets will be free to set up. Meanwhile, cold wallets, like any piece of hardware, will cost money to purchase.<\/span><\/li>\n<li><b>What it can do.<span>\u00a0<\/span><\/b><span>While the basics of each cryptocurrency wallet are the same, additional features can help set them apart. This is especially true of hot wallets, many of which come with advanced reporting features,\u00a0<\/span><span>insights into the crypto market<\/span><span>, the ability to convert cryptocurrencies and more. Security features can also be a good differentiator.<\/span><\/li>\n<\/ul>\n<p><em>For a more in-depth overview of cryptocurrency wallets visit our <a href=\"https:\/\/simplecryptoguide.com\/cryptocurrency-wallets\/\">\u201cCryptocurrency Wallets Explained\u201d<\/a>\u00a0guide.<\/em><\/p>\n<p><strong><\/strong><\/p>\n[\/et_pb_text][et_pb_text _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<p><span>If you\u2019re going to be dealing in larger volumes of crypto, investing in cold storage might prove advantageous.<br \/><\/span>Most widespead examples of this being the<span>\u00a0<\/span><a href=\"https:\/\/shop.ledger.com\/?r=6ea78e5561ed\" rel=\"nofollow noopener\" target=\"_blank\">Ledger Nano<\/a><span>\u00a0<\/span>and the<span>\u00a0<\/span><a href=\"https:\/\/trezor.io\/?offer_id=12&amp;aff_id=8526&amp;aff_unique1=simplecryptoguide\" rel=\"nofollow noopener\" target=\"_blank\">Trezor<\/a>.<\/p>\n<p><a href=\"https:\/\/shop.ledger.com\/?r=6ea78e5561ed\" rel=\"nofollow noopener\" target=\"_blank\"><strong>Ledger<\/strong><span>\u00a0<\/span><\/a>manufactures cold storage wallets designed for users who want increased security. Their wallets are a physical device that connects to your computer. Only when the device is connected can you send your cryptocurrency from it.<span>\u00a0<\/span>Ledger<span>\u00a0<\/span>offers a variety of products, such as the Ledger Nano S and the Ledger Nano X (a bluetooth connected hardware wallet).<\/p>\n<p><a href=\"https:\/\/trezor.io\/?offer_id=12&amp;aff_id=8526&amp;aff_unique1=simplecryptoguide\" rel=\"nofollow noopener\" target=\"_blank\"><strong>Trezor<\/strong><span>\u00a0<\/span><\/a>is a pioneering hardware wallet company. The combination of world-class security with an intuitive interface and compatibility with other desktop wallets, makes it ideal for beginners and experts alike. The company has gained a lot of the Bitcoin community\u2019s respect over the years.<span>\u00a0<\/span>Trezor<span>\u00a0<\/span>offers two main models \u2013 The Trezor One and Trezor Model T (which has a built in touch screen).<\/p>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_image src=&#8221;https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2021\/11\/Ledger.jpg&#8221; alt=&#8221;Ledger Hardware Wallet&#8221; title_text=&#8221;Ledger Hardware Wallet&#8221; url=&#8221;https:\/\/shop.ledger.com\/?r=6ea78e5561ed&#8221; url_new_window=&#8221;on&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; border_radii=&#8221;on|15px|15px|15px|15px&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_image][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_image src=&#8221;https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2021\/11\/Trezor.jpg&#8221; alt=&#8221;Trezor Hardware Wallet&#8221; title_text=&#8221;Trezor Hardware Wallet&#8221; url=&#8221;https:\/\/trezor.io\/?offer_id=12&#038;aff_id=8526&#038;aff_unique1=simplecryptoguide&#8221; url_new_window=&#8221;on&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Features&#8221; _builder_version=&#8221;4.16&#8243; custom_margin_last_edited=&#8221;off|phone&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text module_id=&#8221;exchanges&#8221; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;Inter|600|||||||&#8221; header_2_text_color=&#8221;#333333&#8243; header_2_font_size=&#8221;38px&#8221; header_2_letter_spacing=&#8221;0px&#8221; header_2_line_height=&#8221;1.4em&#8221; header_3_font=&#8221;Rubik|600|||||||&#8221; header_3_text_color=&#8221;#000000&#8243; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;||0px|||&#8221; header_2_font_tablet=&#8221;Inter|600|||||||&#8221; header_2_font_phone=&#8221;Inter|600|||||||&#8221; header_2_font_last_edited=&#8221;on|phone&#8221; header_2_font_size_tablet=&#8221;38px&#8221; header_2_font_size_phone=&#8221;34px&#8221; header_2_font_size_last_edited=&#8221;on|desktop&#8221; header_3_font_size_phone=&#8221;32px&#8221; border_width_bottom=&#8221;2px&#8221; border_color_bottom=&#8221;#ffc517&#8243; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<h2>Solana (SOL) Price &amp; Charts<\/h2>\n[\/et_pb_text][et_pb_text _builder_version=&#8221;4.17.4&#8243; ul_font=&#8221;||||||||&#8221; ul_font_size=&#8221;20px&#8221; custom_margin=&#8221;||0px||false|false&#8221; header_2_font_size_tablet=&#8221;42px&#8221; header_2_font_size_phone=&#8221;32px&#8221; header_2_font_size_last_edited=&#8221;off|desktop&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<div class=\"VwiC3b yXK7lf MUxGbd yDYNvb lyLwlc lEBKkf\"><span>Find the latest <a href=\"https:\/\/coinmarketcap.com\/currencies\/solana\/\" target=\"_blank\" rel=\"noopener\">Solana (SOL) price charts<\/a>, trade volume, market cap, historical price performance\u00a0and other vital information to help you with your cryptocurrency trading and investing on <a href=\"https:\/\/coinmarketcap.com\/\" target=\"_blank\" rel=\"noopener\">CoinMarketCap<\/a>.<\/span><\/div>\n<div class=\"VwiC3b yXK7lf MUxGbd yDYNvb lyLwlc lEBKkf\"><span>Here you can see the following:<\/span><\/div>\n[\/et_pb_text][et_pb_text _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;15px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]\n<ul>\n<li><strong>Market Capitalization And Daily Trading Volume<\/strong><\/li>\n<li><strong>Current Market Price Of Every Cryptocurrency Relative To USD (And Some Local Currencies)<\/strong><\/li>\n<li><strong>Circulating And Total Supply<\/strong><\/li>\n<li><strong>Historical Charts With Prices Relative To USD, Bitcoin (BTC), And Ethereum (ETH).<\/strong><\/li>\n<\/ul>\n[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/coinmarketcap.com\/&#8221; 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