What are Solana and SOL?
Solana is a high-performance blockchain network that enables fast, secure and affordable digital transactions. It powers applications across payments, games, digital art and financial services.
SOL is Solana's native currency. On the Solana network, SOL is used to pay transaction fees and help secure the network.
How can you buy Solana in Australia?
In the Crypto.com App, the basic steps to buy are:
- Create an account and complete identity verification.
- Add funds or choose an available payment method.
- Tap 'Buy' and search for Solana.
- Enter the amount in Australian dollars you want to spend.
- Tap 'Confirm' to place the order.
Only confirm once the asset, amount, payment method and costs match what you intended.
Can you buy less than one SOL?
Yes. You can buy fractional amounts of Solana from AUD 20, so there's no need to buy a whole coin.
Which payment methods can you use for Solana?
The Australian dollar (AUD) is the main fiat currency accepted. You can deposit AUD for free via PayID, and you can also pay with a debit or credit card (Visa or Mastercard), Apple Pay or Google Pay.
Before withdrawing fiat, you'll first need to make an AUD deposit via NPP, as required by regulation, with a minimum withdrawal of $100 AUD.
Review the order before confirming: other transaction fees and spread may apply.
