How and Where to Buy Solana SOL in Cuba in 2024

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Price Solana Solana

192.48 $ ▼-0.6175%

The rapid development of blockchains and the world of cryptocurrencies and their decentralized nature are making them increasingly accessible worldwide. That's why it's quite easy to buy Solana in Cuba nowadays.

Within the entire crypto market, the largest and most important exchange is Binance. Its market volume is much higher than the second largest exchange, and yet it has never had any major security issues. Therefore, buying Solana is safe on Binance.

To invest in Solana in Cuba through Binance, simply follow these steps:

How to Buy Solana SOL in Cuba with Binance

  1. Register on Binance

    2. It's very easy, you only need an email and a password. You can do it through this link.

    Anti-money laundering and anti-terrorism laws in many countries require exchanges to request personal information from their users, such as a selfie or photos of the ID. This process is known as Know Your Customer or KYC. If you want to avoid giving this type of information, we recommend reading the article about exchanges without KYC.

  2. Deposit FIAT money into your account. You can do this via bank transfer or credit or debit card.

    3. For this, go to the "Wallets" menu, click on the "Deposit" button, and finally on the "Fiat" tab. Binance has more than 25 different FIAT currencies in which you can make your deposit.

  3. Open an order to buy SOL.

    4. You can do this in the "Markets" menu. In the search engine, enter the ticker of the cryptocurrency (SOL in this case) and buy Solana on the "Buy SOL" button.

    Not all cryptocurrencies have a pair with FIAT currencies. When you search for the ticker, the currencies you can exchange them for will appear. If your FIAT currency is not among them, you will have to take an intermediate step: Exchange the FIAT for one of the currencies on the list. Normally these intermediate currencies are BUSD or USDT. They are a type of cryptocurrency called stablecoins whose value is always 1:1 against the dollar. That is: You will not lose money in this intermediate transaction. You will only have to pay the commissions, which in the case of Binance are very low, only 0.1%.

  4. When your order is executed, you will have Solana in your Binance wallet. Enjoy your cryptocurrencies!

However, Binance is not the only one. There are many other similar and equally secure exchanges in the market. Some of our recommendations for buying SOL in Cuba are:

  • Bitget offers a great advantage over its competitors as it is the only commission-free exchange in its spot market. It does have commissions, although very low, in its futures market, but this product is intended for professional traders. You can buy SOL from the "Buy cryptos" tab, under the "Third-party payments" button. Register through this link to buy Solana without commissions. If you are curious, you can read the article about exchanges without commissions
  • KuCoin será seguramente una de las mejores plataformas para comprar SOL debido a sus bajas comisiones y a su amplio abanico de criptomonedas disponibles. Sin embargo, en su plataforma no puedes comprar criptomonedas con tarjeta bancaria. Si aún así quieres probar KuCoin, tiene un 5% de descuento en comisiones para siempre si te registras a través de este enlace.
  • Huobi es uno de los mayores exchanges del mercado, con una amplia gama de criptomonedas. Puedes comprar Solana en Cuba a través de Huobi si te registras aquí.