In this article you will know how to buy Solana in india using BuyUcoin. You can trade other cryptocurrencies like bitcoin and Ethereum for it or you can use your local fiat currency to purchase SOL.

Solana is a new blockchain project created by two software developers, Greg Fitzgerald and Anatoly Yakovenko, and it was released in March 2020. They developed a novel consensus process called Proof-of-History (PoH). Compared to its earlier predecessors, which were used by Bitcoin and Ethereum, this method is far better. However, PoW’s higher transaction costs are its only drawback. Over ten thousand merchants globally use Solana Cryptocurrency as their principal payment option, the most recent in a long line of highly regarded cryptosystems.

Below is the simple 5 step to complete guide on how to buy Solana instantly.

To sign up and register with buyucoin, first you have to enter your email or password, also you can use signup with Google to open a free Solana wallet in an even easier way.

Once you have registered with BuyUcoin, you will need to go to your profile section and verify your email with an OTP or Email verification link which has been sent to your email address.

After email verification, you will have to get your identity verified through KYC, which helps you to buy Solana easily or instantly.

After completing your KYC you have to add your primary bank and UPI into your BuyUcoin wallet, then you need to add fiat currency to buy Solana such as INR to SOL.

There are 2 ways to buy Solana on BuyUcoin Cryptocurrency Exchange, first way is Spot market and second way is EZ/OTC. With EZ/OTC you can buy SOL instantly and easily.

Solana’s current live price is 2,513.71 Indian rupees, and its 24-hour trading volume is 100,912,813,867. With a live market cap of 891,167,872,669 INR, the current CoinMarketCap ranking is 9. 354,522,671 SOL coins are now in circulation, although the maximum supply is not known.

The greatest time to invest in Solana coin and purchase it is in 2022 because the value of SOL has been rising since the beginning of 2022 and is anticipated to keep rising until it surpasses the value of Litecoin. Therefore, 2022 is the ideal year to make an investment in Solana.

The Solana blockchain seeks to compete with the Ethereum blockchain as a base for decentralised finance by offering quick transaction processing and cheap costs (DeFi). It uses a unique approach of organising transactions to increase speed. The native coin of the network, SOL, enables users to interact with smart contracts and pay transaction fees.

DeFi is ready to change the way people interact with financial institutions in the future since it offers open, affordable, transparent, and equally accessible access to everyone. However, as with everything else in life, taking action in the future involves some challenges.

One of the most well-known blockchains is Solana. The network that the project’s developers created performed better than payment processors, especially in terms of tps and usability. More developers are therefore anticipated to switch to Solana as their original blockchains continue to have scaling issues.

Solana are popular because of their complete transparency, which is made possible by open-source and publicly verifiable technology. You can now buy Solana (SOL) in India. According to our long-term Solana price prediction, the price of Solana will reach ₹270.43 by the end of 2022, rising to ₹411.29 by the end of 2023 and ₹1,010.57 by the end of 2025. Solana will then rise to ₹2,214.62 in 2027, and ₹4,250.75 in 2030.

BuyUcoin provides SCIP for Solana as a long-term investment, it will help you to avoid crypto market volatility and fluctuation. They can provide a reasonable source of savings after retirement or provide a much-needed financial freedom during a sudden economic downturn.