Buy solana with Lunar Block
Maybe you’ve heard about the cryptocurrencies bitcoin and ethereum , but what about solana (SOL)?
Solana is one of the cryptocurrencies you can buy through our trading platform, Lunar Block .
To get started, you just need to download Lunar for free and sign up to Lunar Block.
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Solana’s rate: See the value here
In the app, you can see what solana, also known as SOL, is worth. Follow the rate by the minute, and see the value here and now before you buy.
Historically speaking, solana has been performing well. In April 2020, one solana coin was worth about 3,5 DKK according to Coinbase . In July 2022, one solana coin was worth 282,5 DKK, which corresponds to an increase of 7,971%.
Solana’s high point was in November 2021, where a single coin had a price of 1671,75 DKK. Compared to April 2020, that’s a 74,664% increase.
But the rate of cryptocurrencies can fluctuate every second , and examples of large gains and just as big losses in a short amount of time have been recorded. That’s why you always need to be aware that you could lose the entire amount you’ve invested, if the rate of the cryptocurrency goes down.
Quick overview: What is solana?
Solana (SOL) is a digital currency that - just like other cryptocurrencies - isn’t controlled by a bank or government. Solana’s value is then regulated strictly by supply and demand.
A special characteristic of solana is its blockchain technology, where a special method called proof-of-history is used. The method enables solana to handle a large number of transactions per second - something that both bitcoin and ethereum is troubling with.
Learn more about proof-of-history, and what solana is here .
Solana is thus an innovative cryptocurrency that tries to solve many of the problems that the earliest cryptocurrencies have to deal with today.
Buy solana now via Lunar Block
Trade solana with peace of mind
When you buy and sell solana with us, you can do it with peace of mind. You can do so because you’re trading on a Danish platform with full transparency.
And if you want to sell your cryptocurrency again, you can get the value of them paid out directly to your Lunar account . Then you won’t have to worry about your cryptocurrency being stuck with a foreign platform, where you can’t get the value of your crypto paid out.
Remember, all cryptocurrency trading - including solana - involves a large risk . When the rate can rise, it can also fall. So even if you do have an opportunity to yield gains, you could also risk losing the entire amount of your crypto purchase.
Always a set, low trading price
When you trade solana via Lunar Block , you’re always getting a set, low trading price. You’ll always know what you’re paying for, and there aren’t any unpleasant surprises. As a Standard user your trading price is 2,5% to buy and sell solana, as a Premium user it’s 1,5%, and if you have Lunar Pro, that price is just 1%.
At the same time, you won’t have to worry about meaningless fees such as deposit fees, withdrawal fees and safe deposit fees.
Get started with crypto now
Easy tax reporting to Skat
It’s always your own responsibility to report crypto gains or losses to Skat. It may seem like a hassle, but we’ll help by easing the process for you.
By the end of each year, we’re giving you the overview of your trades along with a guide on how to report. That way, you can handle the annual tax report in minutes.
How to get started with solana
- 1
Download Lunar for free
Go to App Store or Google Play and download the Lunar app. Find your photo ID, as you need that to sign up.
- 2
Sign up to Lunar Block in the app
Find Lunar Block under “Products” and sign up. You’ll be asked to take a test about crypto first - among others things, it’s to see if you’re aware of the risks. You can learn more about the risks in the app before you take the test.
- 3
Buy solana with a single swipe
When we’ve approved you, you can buy solana and other cryptos immediately. Choose your cryptocurrency in the app and buy with a single swipe.
Your questions - Answered
How do I buy solana?
With Lunar Block you’re ready to trade instantly. Download the Lunar app and sign up to Lunar Block in the app. You will need to take a test in connection to your signup, where we will, amongst others, ask you about the risks of cryptocurrencies. You can see the risks in the app before you take the test. When you’ve been approved, you can get started trading solana immediately.
How old do I need to be to trade solana?
What does it cost to buy solana via Lunar Block?
Do I need to know anything about solana and cryptocurrencies beforehand?
What’s the difference between trading solana via Lunar Block and other platforms?
What risks should I be aware of?
Is it safe to trade solana?
Do I get help reporting solana on my taxes?
Is there a minimum amount I need to buy cryptocurrency with?
Cryptocurrencies can rise and fall
When you trade cryptocurrencies, you need to be aware that it carries a large risk. The value of your cryptocurrency can both rise and fall, and you can risk losing the entire amount you’ve invested in cryptocurrencies.
Cryptocurrency trading is done through Lunar Block. Lunar Block is not regulated by the Danish Financial Supervisory Authority (Finanstilsynet). That means you won’t have the same protection as when trading e.g. stocks or other regulated assets.
We do not counsel
We do not advise on currencies and do not make recommendations for either buying or selling. We can provide factual information about the different currencies, but past price developments are not an indication of future developments.
No information from Lunar Block should therefore be considered as recommendations and all decisions are up to you alone.