Top 24 Crypto Sites Accepting Solana for Deposits

Solana logotypeSolana (SOL) is a popular deposit method that was developed in 2017 by Anatoly Yakovenko and Raj Gokal.

At the time, Bitcoin and Ether transactions had proven to be very slow, given the rapid adoption of the cryptocurrencies. Solana’s native coin allows for almost instant deposits, thanks to the use of Solana blockchain.

This is why the two men decided to create a scalable blockchain and native coin (SOL) that can process transactions almost instantly. Because of the high transaction speeds of SOL, it has been referred to as the Visa of the crypto world. Transfer fees are incredible low, among the best in the industry, making Solana an obvious choice for crypto transfers. To use this cryptocurrency for deposits on crypto exchanges, you will first need to set up a wallet. From there, you will be able to make instant deposits to your crypto exchange. Find a suitable wallet and crypto account that support Solana transfers today. Our recently updated top list of crypto sites accepting Solana

 

Top 20 sites for buying, selling and trading crypto with Solana

This is the toplist with the best sites to buy, sell or trade cryptocurrencies with Solana. To learn more why a certain site is ranked the way it is, you can read our review by clicking the review button. We generally recommend using an exchange or platform with good track record, great reputation and positive feedback from its customers. The better option for you as customer, the better ranking we give them.

Kraken
Buy bitcoin & crypto from a trusted exchange suitable for almost everyone.
CEX
One of the best exchanges for global crypto enthusiasts that’s available in most countries.
Crypto.com Exchange
Trade over 200 crypto pairs from one of the leading exchanges. They also got their own debit card for all users.
Coinbase App
Want to buy and sell cryptocurrencies easily? Coinbase is where you go!
Coinbase Pro
A more complex crypto exchange for advanced users. Generally better exchange rates than the normal Coinbase app.
Gemini
Buy Bitcoin and crypto instantly with Gemini.
Crypto.com App
Making crypto trading, staking and investing simple. Directly from an app.
Biswap DEX
The lowest trading fee among Decentralized Exchanges, only 0.1%.

9.43

KuCoin
One of the exchanges available in most places around the world, with among the lowest fees and among the best compatibility for transfers between various blockchains.
Swissborg
Swissborg offers flexible staking yields, from a crypto platform with European license.
Bitget
One of the world’s largest cryptocurrency copy trading platforms.
Gate
Gate IO can be your gateway to everything related to crypto – with over 1400 cryptocurrencies to trade in a safe, quick and easy manner.
Huobi
Huobi is a global crypto exchange with Chinese founders, with lots of instruments and low transactions costs.
StormGain
Try a better crypto exchange. Discover StormGain, you too!
FTX
Trade With FTX Anywhere & Anytime.
Binance
Largest on crypto. Over 200 cryptocurrencies to trade, both currency exchange with a wallet, CFD trading, staking and much more.
Hodl Hodl
Trade globally on Hodl Hodl, is your go-to P2P Bitcoin platform that doesn’t hold your funds
OKX
One of the fastest functioning and hottest up and coming crypto exchanges. Try it and see for yourself!
Hotbit
One of the top three exchanges in the world for sheer number of cryptocurrency projects!
Bitfinex
Buy and sell cryptocurrency on Bitfinex, the home of advanced digital asset trading.

 

Top 4 casinos with support for Solana

Crashino
An anonymous crypto casino with crypto crash gaming, slots, live casino, and sportsbook.
www.crashino.com
2000+ games

8.17

Bitcoin Casino IO
Get your withdrawls within 5 minutes at super popular Bitcoin Casino IO, that also accept ETH, USDT, Dogecoin and other crypto coins.
www.bitcoincasino.io
5050+ games

9.50

BC Game
Providing community-based crypto casino for the best experience possible, both for betting and slot lovers.
bc.game
2000+ games

9.50

Crypto Games
Crypto Games gives more than they take, give it a try and stay awake.
crypto.games
10+ games

9.50

Here are the top crypto exchanges, crypto platforms and brokers offering funding through Solana.

Summary

Solana coin and the corresponding blockchain is primarily known for processing payment, deposits and transfers instantly. Also, you will appreciate the fact that it charges minuscule low fees for the transactions, usually below 0.001 USD for one transaction. Because of these benefits, you will find many crypto sites accepting Solana for deposits. Many developers of dApps use the network because of its many benefits, including scalability, transfer speed and the low transfer cost. The network hasn’t yet been adopted by many people, so its capability hasn’t been tested practically on a huge scale like Ether. However, the project seems very promising.

Advantages

Advantage - logo+It charges very low transaction fees.
+Solana processing times and validating times are exceptionally short.
+SOL is designed to be highly scalable.
+It has a low environmental impact as it uses the PoS system.
+Solana doesn’t have a fixed supply of coins.

Disadvantages

disadvantage logo-Solana has a short track record.
-Many believe it isn’t sufficiently decentralized.
-SOL experiences stiff competition from Ether.
-It is possible to lose access to your wallet forever.
-The value of Solana can change significantly over short periods.

What is Solana?

This is a blockchain that uses the SOL as its native cryptocurrency. Whenever you make transactions on the network, you will have to pay transaction fees with this altcoin.

Costs of Solana transfers

The Solana network charges minuscule fees of about $0.00025 in average for every transaction, and this is because of its high block time and block size. It is worth noting that Solana coin has some of the lowest fees in the crypto world. The biggest competitor of Solana is Ethereum, and it charges transaction fees of between $3 and $80, depending on which time a day and where you do the transaction.

Transaction speed for Solana

This is among the fastest deposit methods into crypto exchanges. The network can process 65,000 transactions per second, and the payments are confirmed almost instantly. Again, we can compare it to Ethereum, which processes 16 transactions per second. With Ethereum, transactions are typically completed in five minutes to four hours.

It is worth noting that Solana has not yet been adopted widely in the crypto community, so its capacity is yet to be tested practically. According to the developers of the network, the scalability of the network ensures that the cost of transactions will always be under $0.01.

Solana Deposits: How to do it?

1. You can start by going to the deposit section of the crypto exchange.
2. Then you can pick SOL from the list of deposit methods.
3. You can then add the deposit amount.
4. Finally, you should complete the verification process.

Which are the main countries where Solana is used?

Solana is mostly used in the USA, South Korea, the UK, and other European countries. The country is only banned in countries where cryptocurrencies are generally illegal. Such countries include China, Qatar, Turkey, Russia, and Morocco. Lots of other countries have also restricted the use of cryptocurrencies for regular transactions.

Can you withdraw with Solana?

You can make withdrawals from crypto exchanges with this funding method. Generally, crypto sites that accept Solana will also accept it for withdrawals. When withdrawing with Solana, you should make sure you always pick the crypto category on the withdrawal page of the crypto exchange.

Reputation of Solana

Solana has developed an excellent reputation in the crypto world and has even been dubbed the ‘Visa of crypto networks.’ Lots of people use it for transactions because of its high speeds and low transaction fees. The payment network is a direct competitor of Ethereum, which is currently the largest platform for dApps. Solana joined Twitter in 2018 and currently has more than 1.6 million followers.

FAQ

Here are some of the most frequently asked questions about Solana as a deposit method into crypto exchanges and platforms. Still got any question? Don’t hesitate to contact us with your query. Crypto Lists will do out best to answer ASAP.

Is it safe to use Solana for cryptocurrencies?
Yes, this blockchain is safe to use and cannot be hacked. However, you need to remember that transactions can never be reversed by the system. You should, therefore, confirm the addresses and amounts carefully before you confirm them.

How do I set up Solana?
In order to use SOL for deposits on crypto exchanges, you will need to set up a crypto wallet. You will then be able to purchase the cryptocurrency and make deposits on crypto exchanges.

Is Solana instant?
Yes, transactions made using this blockchain are near-instant. In fact, SOL is one of the fastest blockchains currently available, and it is highly scalable.

When was Solana founded?
This blockchain was developed in 2017 by Anatoly Yakovenko and Raj Gokal. Their main aim was to scale throughput beyond what was usually achieved by blockchains at the time.

Where is the mother company based?
The headquarters of Solana is in Zug, Switzerland.

Does Solana only work on Apple devices?
No, Solana mobile payments can be processed on Android and Apple devices.

Is Solana a good option for deposits into crypto sites?
Yes, it’s a great option. Solana transfer fees are way lower than for Ether, and it’s gaining popularity especially for NFT users. But Solana is also a good way to transfer money into crypto platforms and exchanges – but crypto brokers rarely support this deposit option.

Newsflash
    Tether swaps Solana for EthereumTether swaps Solana for Ethereum
    Saturday, 19 Nov 2022 10:20 am
    Tether has announced a $1bn USDT swap, moving a massive amount of coins from the Solana network over to Ethereum. This on-chain swap (which are used to move USDT from one blockchain to another) has likely been prompted by the ongoing issues surrounding Solana in the wake of the FTX and Alameda meltdown. But with ambitious plans ahead, Crypto Lists isn't writing off SOL just yet. If you want to get involved when the prices are super low, then Sign up for MEXC Global he...
    Read the full newsflash


    USDT and USDC on Solana back on trackUSDT and USDC on Solana back on track
    Thursday, 17 Nov 2022 11:24 pm
    While Binance is under investigation and is 'a walking time bomb' according to Nouriel Roubini, CZ made sure that USDT and USDC transactions over the Solana network on Binance were temporarily suspended for three hours, between 12:05 and 15:05. Crypto Lists speculate that the downtime was due to some trading tick size adjustments, something that OKX did two days ago. Circle, the organisation behind USDC, was quick to...
    Read the full newsflash

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