How to buy SOL on the BYDFi App

If you are asking yourself how to buy SOL on the BYDFi App, here you have a satisfying answer. Buying SOL on the BYDFi app is straightforward and designed to be user-friendly. Here's a step-by-step guide to buy SOL:Download the BYDFi app from the App store of your device: it is available on both <a href="https://play.google.com/store/apps/details?id=com.bydfi.app&hl=en-US" target="">Android</a> and <a href="https://apps.apple.com/us/app/bydfi-buy-btc-eth-doge/id6444251506" target="">iOS</a>.Open the app and sign up for an account. You’ll need to provide your email address and create a secure password. Some verification may be required depending on your location.Click 'Add Funds' and select 'Buy Crypto'Select the Fiat Currency that we supportChoose your desired crypto, or search for itAfter selecting the desired crypto and fiat currency, enter the amount you would like to spend and click ‘Next’Select a third party service provider and click ‘Buy’You will be leading to the third party payment page, follow the steps on the page to complete the paymentWell done! Now just wait for the deposit to credit to your accountFor more help, visit our Help Center or email us at <a href="cs@bydfi.com" target="_blank">cs@bydfi.com</a>

How to invest in SOL for beginners: Step-by-step guide

Investing in digital currency, such as BAT, can have the benefit of offering exciting and new opportunities for an investor, but it does also come with significant risks due to the volatility of the market. If you’re asking yourself, “Should I invest in crypto?” The answer is here. Begin approaching it with consideration and being extra cautious. One of the best ways for beginners to start investing is to start small, by investing smaller amounts while you are still getting familiar with how to trade cryptocurrency. This is an incredible approach that allows you to learn the basis of trading without exposing yourself to important financial risk.It’s also quite important to understand transaction fees and how they work. There are many platforms and various blockchains that are able to charge various amounts of money not only for buying, but also for selling, or even for transferring crypto, and these fees can definitely influence your overall returns. In addition, whether you keep yourself informed or not is a crucial aspect. If you keep updated about crypto news predictions and market updates, you can help anticipate shifts in the market caused by regulatory changes, global events, or new technological developments.In order to protect your assets, you should always enable the two-factor authentication (2FA) on any platform where you store or trade cryptocurrency. This is an extra layer of security that is going to make it harder for unauthorized parties to have free access to your funds. Finally, be always vigilant about the more and more frequently done online scams. Crypto space is rife with fraudulent schemes, often disguised as investment opportunities promising unrealistically high returns. Only trust verified platforms and sources, and never share your private keys or sensitive information.In summary, while investing in digital currency can be profitable, it requires careful planning, continuous learning, and a strong focus on security.

What is the max supply of SOL?

Solana (SOL) does not have a maximum token supply, which means that it is not a crypto with limited supply. Unlike projects that have their token supply fixed, Solana uses an inflationary model, with new tokens issued each year to support network security and validator incentives.<h2></h2>

How many SOL are in circulation/in existence?

As of early May 2025, around 518 million SOL tokens are in circulation. Many crypto news predictions and long-term cryptocurrency predictions include Solana in their bullish crypto forecast, alongside top coins. As people ask, "will Bitcoin go up?", SOL is also gaining attention for its growth potential.

How to buy SOL for low fees?

Smarter Way to Buy SOLWhen you are looking for the best app to buy crypto, being able to choose the right platform is key. Opting for the best crypto exchanges like BYDFi means being capable of benefiting from lower trading fees. It can help you obtain more and more of your investment. Unlike high-fee platforms, BYDFi has the ability it way easier to grow your holdings without watching profits disappear into costs—making it a top choice for those seeking a no-fee crypto exchange.Do you want to Use Promotions and Fee Reductions to Your Advantage? BYDFi is capable of launching many exclusive campaigns with trading fee discounts and many bonus rewards. By checking the Spot Event page often, you can stay updated on deals and never miss an opportunity to save.For an even better experience, you should take advantage of BYDFi’s Convert feature, which allows you to swap cryptocurrencies with 0 transaction fees. It's not only fast, but also easy to use, and perfect for anyone looking to buy BAT more efficiently.

Solana (SOL) is the core cryptocurrency of the Solana blockchain platform, which is also known for its Solana explained high-speed, scalable design that is capable of supporting decentralized applications (dApps) and smart contracts. SOL also has many crucial roles in the ecosystem. It can include paying transaction fees at low costs, staking in order to secure the network, and enabling governance participation. The token is also widely used in DeFi and dApps across the platform.Solana's token supply dynamics – encompassing both its total circulating supply and fixed maximum supply – play a pivotal role in its economic model, shaped by its unique history. Under a technological point of view, Solana’s innovative consensus that can use Proof of History (PoH) combined with Proof of Stake (PoS), allowing thousands of transactions per second with minimal fees, perfect for gaming, financial services, and NFT marketplaces.

You have the great opportunity to buy Solana (SOL) on BYDFi, which is a secure and beginner-friendly kind of CEX to buy Solana. While you have the option to buy Sol directly with fiat, you can also buy Solana online by first purchasing USDT by using a card or bank transfer, then you are going to be trading it for SOL through spot trading. Note that buying Solana without KYC can be supported by BYDFi, which is a great benefit for your purchase. BYDFi has the ability to support Visa, Mastercard, Apple Pay, and Google Pay, making it a fast, accessible platform to buy SOL on CEX.

Is SOL a good buy now?

Solana (SOL) can be traded at a price which is around $162–$164 as of early August 2025, reflecting a recent-price-increase but also some consolidation after July’s rally. The market-performance has been suggesting a likely trading range of $160–$175, with some potential dips to $140 which can offer some interesting buying opportunities. Key resistance is at $185–$200; a breakout might be able to push prices to $210–$220, while there is a drop below support that might lead to $120. There are positive signals including strong network activity, ETF rumors, and solid tokenomics-structure and governance-utility. Still, because of Bitcoin’s influence and market volatility, DYOR is essential before investing.

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How to Buy Solana(SOL)

Buy Solana(SOL) and other popular cryptocurrencies on BYDFi with fast, secure trading and low fees. Whether you're a beginner or a professional, BYDFi offers a variety of purchase options to suit your needs. Start investing today and check out our guide to easily buy Solana(SOL) with minimal fees!

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Last Updated: 2025-08-15

Steps to Buy Solana

The best way to buy SOL is on BYDFi in Simple 3 Steps:

Step 1 : Create a Free BYDFi Account BYD.1749457440399.Step1.png

Register using your email/phone number and country of residence, then create a strong password to protect your account to start your journey on BYDFi.

Step 2 : Secure Your Account BYD.1749457453841.Step2.png

Kindly verify your identity to ensure full compliance and enhance your BYDFi experience.

Enable Google Authenticator (2FA), set up an anti-phishing code, and a fund password to add an extra layer of security to your account.

Step 3 : Buy SOL BYD.1749457469425.Step3.png

You can purchase SOL on BYDFi using various payment methods. We will guide you through the operation to get a crypto wallet:

Option 1 : Buy SOL with Cryptocurrency on BYDFi Spot Trading

The BYDFi spot market supports over 600 digital assets and is the most popular platform for purchasing SOL. Here’s how to buy:

Transfer your cryptocurrency to your BYDFi account.

Select the 'Spot Trading' under 'Trade' button. Search for the SOL trading pair on the BYDFi spot market. Place an order to exchange your existing cryptocurrency for SOL.

Once your order is successfully executed, you can view the available SOL in your account assets.

Option 2 : Buy SOL with Credit/Debit Card

This is the simplest way for new users to purchase SOL.

BYDFi supports various payment options : Transak, Coinify, Mercuryo, Banxa.

Simply enter the amount you wish to purchase and complete the payment to own SOL.

Option 3 : Buy SOL via Convert

BYDFi supports fast purchases of SOL through convert. If you hold USDT, you can quickly buy SOL at the market price using BYDFi's convert feature.

Why Choose BYDFi to Buy Solana

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Why Choose BYDFi to Buy Solana

Safe and Reliable

BYDFi's Proof of Reserves (PoR) mechanism offers robust security for your funds. As a Forbes-recommended exchange, we have gained the trust and support of over 1,000,000 users worldwide.

High Liquidity

BYDFi offers a fast and reliable trading experience with support for 900+ major cryptocurrencies, making it an ideal choice for both beginners and professional investors.

Simple and Intuitive

At BYDFi, purchasing Solana is quick and easy. Whether you are a beginner or a professional trader, our intuitive interface allows you to complete transactions effortlessly in just a few steps. Register on BYDFi now and experience a seamless cryptocurrency purchasing process!

Wide Variety of Tokens

BYDFi supports over 900 cryptocurrencies, making it the ideal platform to buy Solana and other digital assets. Users can easily trade and exchange assets to meet their needs!

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Disclaimer

The content displayed on this page comes from verified BYDFi users and/or data and feedback from other third-party sources. All information is for reference only, and BYDFi makes no representations or warranties of any kind regarding its accuracy. The displayed price predictions may be inaccurate, and future prices may differ significantly from the forecasts. Do not rely on these results for investment decisions. Token price predictions do not constitute financial advice and are not intended to recommend the purchase of any specific product or service. If you trade or invest based on the information on this page and incur losses, you may not recover your invested funds, and BYDFi is not responsible for any potential losses. The prices of digital assets are subject to market risks and volatility, meaning their value may rise or fall, and you may even lose your initial capital. BYDFi recommends carefully assessing your investment goals, financial situation, risk tolerance, and relevant experience before making investment decisions. If necessary, seek advice from an independent financial advisor. Past market performance is not a reliable indicator of future results, so only invest in products you understand and can afford to risk. This statement is for general informational purposes only and does not constitute investment advice.

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