Detailed explanation of how to obtain SOL coins and how to purchase them

php editor Youzi brings you a tutorial on how to obtain and operate SOL coins. SOL coin is a very popular cryptocurrency that has received widespread attention because of its technological innovation and potential. In this article, we will explain in detail how to obtain SOL coins and how to buy them. By reading this article, you will be able to fully understand SOL Coin and start participating in it. We also provide detailed graphic guides to help you operate better. Whether you are a newbie or an experienced investor, this article will provide you with valuable information and guidance.

How to get SOL coins?

The current way to obtain SOL coins is mainly to purchase them through exchanges. SOL currency has been listed on 59 exchanges, such as Oyi, Binance, Huobi, etc. The following will introduce the tutorial for purchasing SOL coins on the Eureka Exchange.

Open the official website of OKX Exchange and click the registration button. Enter your email address on the homepage and click Register, then enter the verification code you received. Please note that the verification code is valid for 10 minutes.

2. Then enter your mobile phone number, click "Verify Now" and enter the six-digit verification code received by your mobile phone. The validity time is also 10 minutes

3. Select your country/region of residence and check the Terms of Service, "Risk and Compliance Disclosure" and Privacy Policy and Statement

4 , creating a password needs to meet the conditions of 8-32 characters in length, 1 lowercase letter, 1 uppercase letter, 1 number, 1 symbol, such as: !@ # $ %, etc.

5. After logging in to your account, find the "User Center" icon on the homepage and enter the identity authentication page

6. You need to have USDT before conducting transactions. You can C2C buys coins for transactions. Select the appropriate merchant according to your needs, click "Buy", then pay according to the prompts and wait for the merchant to release the coins (if you do not receive the coins for a long time, you can contact customer service for processing)

7. The purchased USDT will be stored in the capital account and needs to be transferred to the trading account before trading. Find "Fund Management" - "Fund Transfer" on the homepage to operate ( Note that the transfer direction is from the capital account to the trading account)

8. After the transfer is completed, you can proceed with the transaction. Click "Transaction" - "Coin" on the homepage to enter Trading page

9. Enter the currency abbreviation SOL in the search box on the left and select the SOL/USDT trading pair

10. Enter the purchase quantity and click to buy SOL coins. If you want to sell, enter the sell quantity and click to sell (note that the minimum transaction volume of SOL coins is 0.01 SOL)

Summary of methods to obtain SOL coins

There are three common ways to obtain SOL coins, namely purchase on exchange, mining and wallet. The following is a detailed introduction:

1. Exchange purchase: Description of online exchanges. Currently, SOL coins are listed on a total of 59 exchanges. Common ones include Eureka, Binance, Huobi and other exchanges. SOL coins can be bought and sold through these exchanges.

2. Obtained from on-chain mining: You can mine by staking, but you cannot mine with a mining machine. The algorithm used by SOL currency is Delegated Proof of Stake (DPoS). The concept of DPoS can be understood as an election. The SOL coins pledged by users are votes. The validators are elected by voting to be responsible for verifying and accounting blocks, and there are people responsible for supervision. The representative is responsible for maintaining the stability and performance of the Solana chain.

3. Purchasing a wallet: You can conduct real-time transactions through a wallet that can store SOL coins. There are currently 13 wallets that support SOL coins. Among them, the more secure and reliable wallets are HyperPay, Ledger, and TokenPocket wallets.

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