Solana (SOL/INR)

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Earn Interest on your SOL (Coming soon)

About Solana (SOL)

Solana is one of the most popular cryptocurrencies in the market. First introduced in 2009 by Satoshi Nakamoto, Solana has held the crypto market’s number one spot according to market capitalization. Solana paved the way for many existing altcoins in the market and marked a pivotal moment for digital payment solutions.

Solana is experiencing a rise in value this week.Currently, Solana is priced at $27,747.00 per SOL, with a circulating supply of 19.52M SOL, resulting in a total market capitalisation of $541.49B.Over the past 24 hours, the trading volume for Solana has increased by $2,388.12B, representing a 178.0894% rise. Moreover, SOL worth $13.41B has been traded in the last day.

If you’re ready to take the next step and want to buy some Solana, take the next step with NeoFi.

How To Buy Solana

1
Create a free account on the NeoFi Website or the App

Create a NeoFi account on NeoFi's website or on the NeoFi app by following the shown. After successful registration, complete the KYC section in order to activate your account. Once the KYC is completed and verified, you are good to start buying Solana on NeoFi.

2
Recharge Your NeoFi Wallet

You can recharge your NeoFi wallet using UPI, Bank Account Transfer, and IMPS. Simply go to Wallet and click on Deposit. Choose the amount you want to recharge your wallet with and select the payment method. Once the payment is successful, the amount will be credited to your NeoFi wallet.

Tip: Use IMPS when using Bank Account Transfers to deposit money to your NeoFi wallet. This will ensure that your money is deposited instantly to your NeoFi wallet.

3
Purchase your first Solana (SOL) on NeoFi

Once your NeoFi wallet is recharged, you can start buying Solana. Go to the Buy/Sell section and select Solana. Choose the amount you want to buy and click on Buy. Once the payment is successful, the Solana will be credited to your NeoFi wallet instantly. You can check your Solana balance in the Wallet section

Next Steps: You can now start trading Solana on NeoFi. You can also hold Solana in your NeoFi wallet and earn interest on it (coming soon).

FAQ - Other Questions About Solana

Is Solana legal in India ?

Buying, Selling, Investing, Transferring and Holding Solana is legal in India However, it does not have a legal tender status. This means that Solana and other cryptocurrencies can not be used to settle debts in exchange for any type of goods or services. Cryptocurrency is taxed under the category of virtual digital assets.

What is the Minimum purchase amount needed to buy Solana in India?

On the NeoFi platform, the minimum purchase amount for buying Solana is INR 1000. However, this can change, and please go to the Solana trading page to know the latest amounts.

What is the future of crypto trading in India?

Since 2020, Crores of Indians have invested in cryptocurrencies, and with the number going up every day. Indians look excited for the crypto revolution. The government is also actively trying to set up a regulatory framework for its smooth functioning, the recent MCA amendment being the first step.

Can I directly buy Solana In India?

Yes, you can directly buy Solana in India on the NeoFi platform. Simply, register for NeoFi, top up your wallet, and buy your first Solana.

How to buy cryptocurrencies in india?

Using Neofi you can buy more than 100+ cryptocurrencies in India. NeoFi has simplified crypto buying, selling and investing for Indians, and you can begin trading in crypto with just ₹100. You can also earn rewards for buying crypto through NeoFi.

Can I convert Solana to Cash in India?

Yes, you can convert Solana to cash on the NeoFi platform. To do this, simply go to the trading page, choose Sell Solana, Enter the amount you want to see and click sell. The selling is instantaneous.

How to Earn Solana In India?

NeoFi allows you to earn free Solana (and other cryptocurrencies) by taking part in referrals. Simply, refer NeoFi to your friends, and you get their trading fee as Solana whenever they trade. Additionally, if your referral trades over a certain amount, you will receive an additional bonus.

Why is NeoFi the best crypto trading platform in India?

Unlike other crypto exchanges, Neofi pools liquidity from leading crypto exchanges globally to enable users to trade in cryptos at the best rate. Additionally, NeoFi platform features 24/7 customer support, and robust security for your assets.