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How to buy Solana on Binance
Binance

How to buy Solana on Binance

Updated 2026 guide: registration, KYC, and buying Solana (SOL) on Binance. 0.1% fee per trade.

Exchange overview

Rating

9.5/10

Spot (maker / taker)

0.1% / 0.1%

Listed coins

450+

Country

Abu Dhabi (UAE)

Buy Solana on Binance

Step-by-step guide

  1. 1

    Step 1: Create an account on Binance

    Visit Binance via our referral link and sign up. Click the Register button and enter your email and password. This takes about 2 minutes.

    Open account Binance
  2. 2

    Step 2: Complete identity verification (KYC)

    Upload a photo of your passport or driver's license and take a selfie. KYC typically takes 5 minutes to a few hours. Without verification the exchange limits withdrawals.

  3. 3

    Step 3: Deposit funds

    Transfer USDT, USDC, or fiat to the exchange. You can buy crypto directly with a bank card on the platform or transfer from another wallet.

  4. 4

    Step 4: Find the Solana trading pair

    Go to the Spot or Trade section and search for the SOL/USDT or SOL/BTC pair. Type the coin name in the search bar.

  5. 5

    Step 5: Place a buy order

    Choose an order type: market (instant, at current price) or limit (at your target price). Enter the USDT amount or Solana quantity and confirm the order.

Exchange fees

Spot (maker / taker)0.1% / 0.1%
Futures0.02% / 0.05%
Listed coins450+
Rating9.5/10

Binance is the world's largest crypto exchange and one of the most liquid places to buy Solana. The SOL/USDT pair sees high daily volume, which means tight spreads and easy fills at any size. Note that Binance no longer operates in Russia, but users in most other countries can register and trade without restrictions. Solana's fast block times and minimal network fees complement Binance's deep order book for a smooth buying experience.

Step-by-step guide

1. Create account. Go to binance.com and register with your email. Confirm your address and set a secure password.
2. KYC verification. Verification is required to unlock full deposit and withdrawal limits. Upload a government-issued ID and complete the face scan. Approval typically takes a few minutes.
3. Deposit funds. Go to Wallet > Deposit. Transfer crypto from another wallet, buy with a bank card, or use bank transfer available in supported countries.
4. Buy SOL. Go to Trade > Spot and search for SOL/USDT. Set the amount and confirm. You can also use the Simple Buy feature in the top menu for a guided purchase flow.
5. Secure your holdings. Move SOL to a personal wallet like Phantom for self-custody if you plan to hold long-term.

Fees

Binance charges 0.1% on spot trades for standard accounts. Holding BNB and enabling the BNB fee discount cuts this to 0.075%. SOL withdrawal from Binance costs 0.01 SOL. Solana network fees are under $0.001 per transaction, making further transfers essentially free.

Tips

  • Binance Earn offers SOL flexible savings and locked staking products. You can put idle SOL to work directly on the platform without withdrawing.
  • Solana has sub-second finality, so deposits of SOL from other wallets confirm almost instantly on Binance.
  • If you want to participate in Solana ecosystem dApps, withdraw SOL to Phantom wallet. It supports all major Solana protocols out of the box.

FAQ

How to buy Solana on Binance?

Sign up on Binance, complete KYC, deposit funds, and buy Solana in the Spot trading section using the Solana/USDT pair.

What are the fees for buying Solana on Binance?

The standard fee on Binance is 0.1% for makers and 0.1% for takers. Fees may decrease when you pay with the exchange native token or reach higher trading volume tiers.

Is Binance safe for buying crypto?

Binance is a licensed centralized exchange with multi-layer account security. Enable two-factor authentication (2FA) and avoid keeping large amounts on the exchange long-term.

Can I buy Solana with USD or EUR on Binance?

Yes, Binance supports fiat purchases (USD, EUR, and others). Use the Quick Buy section or pay with a bank card.

Buy Solana on Binance
CoinMagnetic

CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: June 2026

This is informational content, not financial advice. Cryptocurrencies are highly volatile. Only invest what you can afford to lose.