This article was created as my complements to (SOL)Solana network for their amazing strength on the crypto market, be it futures or our beloved spot holders.
(SOL)Solana being one of my most traded assets on the futures market with Binance as well as on my hodling platform, Coinbase.
Buying (SOL)Solana is as straight straightforward as going to the market to purchase a product and waiting to trade it off when there’s profit to be made from the trade. Although
with numerous crypto exchanges on the rise, it’s crucial that you as an investors consider key factors before making an investment decision .
Being a long term investor in the crypto market with research’s and involvement in the crypto market i would recommend Binance!!. Yes the same Binance charged with money laundering in Canada as well as some other charges pending trial in a Nigeria 🇳🇬 court.
Sources confirmed that One of Binance staffs is being detained in Nigeria for quite some time as a result of violations and disagreements between the international crypto exchange Binance and the Government of Nigeria 🇳🇬.
SOME OF THE COUNTRIES THAT ALLOW CRYPTOCURRENCY TRADING:
You can buy (SOL)Solana directly from your bank account or debit card if you’re in the United States of America 🇺🇸, Europe 🇩🇪 🇬🇧 🏴Australia,Many parts of Asia as well as the Chinese🇨🇳 etc, excluding Nigeria🇳🇬.
As a result of violations and disagreements as said earlier between the crypto exchange Binance and the Government of Nigeria 🇳🇬. In all this, we hope it is resolved as soon as possible as the Nigerian crypto market relies on the reactivation of this transactions
besides the fact that using your debit/credit card to make Purchases on investments not only on the crypto market is easier and faster.
In all this we still recommend Binance as their operations have been deemed legal in Some parts of the world and we are sure with the appropriate agreements in place there will be a significant conclusion on the matter between the crypto exchange Binance and the Government of Nigeria 🇳🇬 like in Canada, United States of America 🇺🇸 and other parts of the world 🌎.
This article guide gives you a clear part of how to navigate the Solana ecosystem as a means of Investments:
In the expanding world of cryptocurrency, (SOL)Solana has emerged as a prominent player, boasting a high-speed blockchain capable of processing up to 65,000 transactions per second. This has caused investors gather around the clock to capitalize on its potential, understanding the ins and outs of (SOL)Solana and navigating the investment landscape becomes important .
Having said all that let’s dive into the details and process in making (SOL)Solana PURCHASE from BINANCE or COINBASE as I said earlier.
Purchasing (SOL)Solana on Binance involves these several detailed steps.
Step 1: Create an account on Binance
- Sign Up by Going to Binance official website and click on “Register” to create a new account.
Luckily it won’t take more than 20 mins if your network connection is as good as we have in NIGERIA 🇳🇬 😊. - Verification: The government made sure that every crypto currency exchange confirms the identity of their clients which is why there must be a KYC verification as it also helps ti secure your account in the case of any issue that you might have the customer care would easily identify you as the account owner. So Complete the verification process (KYC) by providing the necessary documents (IDENTIFICATION (ID)).
Step 2.Deposit:
1. Click on Deposit from the Homepage: Binance has three methods of deposit into your binance account to enable you begin purchasing of different cryptocurrencies in this case we are looking at (SOL)Solana purchase.
2. Click on P2p trading to purchase from other traders on binance.
Before you dive into Peer to peer(p2p) , check out this article on how to stay safe on Peer to peer(P2p)
3. Click to buy with Usd which is the most popular. Click to ……
4. Click to Add Debit/Credit Cards and Complete Purchase:
Follow the instructions to complete the purchase.
This involves putting your debit/credit card details on Binance, make sure you do not get into anything you’re not comfortable with and remember AdiTech_Ng is always active to receive any help or requests regarding any issues you might encounter on your cause as well as on our articles. Note, Binance has a customer support with an almost 24/hrs active presence on the Binance app.
In conclusion and By following these steps, you should be able to successfully purchase (SOL)Solana on Binance and stay safe on P2p if you chose to trade on there. Hit the comments if you have any questions.