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How to Buy SOL?

how to buy solana token

About SOL

The SOL cryptocurrency plays a key role in maintaining and operating the Solana ecosystem. Solana rewards validators and delegators with a portion of the newly minted SOL along with transaction fees based on the amount of SOL staked, the set inflation rate, and the complexity and amount of transactions on the network.

By owning SOL tokens, users can also access the suite of projects that have been built on the Solana network.

Step-by-step

  1. Create a LCX account

Sign up or download LCX Mobile and start the sign up process. You will need a valid ID and proof of address in order to transact, so be sure to have those ready. Verifying your ID may take longer than a few minutes, depending on where you live. Click here to get verified

2. Deposit token

Click on “Wallet” and then “Deposit”. Choose the “Coin”, Choose the “Provider” and deposit the token. 

3. Start a trade

On exchange.lcx.com/, select trade and choose the SOL pair that you want to trade. Select “Buy” or Sell,”  enter the bid and amount you want to buy, and click buy SOL. 

4. Done

Once the order is processed, you will receive an order confirmation email. That’s it, you’ve bought SOL.

Whitepaper
Trade $SOL

Only registered users of the LCX platform are eligible to purchase the Tokens. The Issuer will not sell any Tokens where potential buyers are citizens or residents of restricted jurisdictions as determined by the Issuer. In particular, restricted jurisdictions are the United States of America and China, further, any US persons are prohibited from participating. 

The content on the page is provided by Solana team

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