Buy Solana in Australia on CoinJar

CoinJar is one of the longest-running crypto exchanges and has been designed from the ground up with security and ease-of-use in mind.

From the quick and intuitive sign-up process, to our lightning-fast bank deposits and withdrawals, low fees starting at 0% (on CoinJar Exchange),and user-friendly iOS and Android app, CoinJar is the ideal crypto exchange whether you’re buying SOL for the first time or an experienced investor.

You can store your Solana in a hardware wallet or on a trusted exchange.

Hardware wallets (such as the Ledger) offer high level security, allowing you to store your SOL offline in a unit that only you have the password for.

However, exchanges such as CoinJar also provide excellent security, keeping more than 90% of our crypto in cold storage or private, multi-sig wallets and offering our users next-gen 2FA account protection as default.

Solana was first conceived of in 2017 by programmer Anatoly Yakovenko, who designed its trademark Proof-of-History consensus mechanism. The first block of the Solana was created in March 2020.

The best way to buy Solana is through a trusted exchange like CoinJar. We offer accurate prices, low fees and an easy-to-use, ultra-secure app.

The safest way to Buy Solana is through a trusted exchange with a proven track record. CoinJar is Australia’s longest-running crypto exchange and has been operating since 2013 with no unplanned downtime, security breaches or loss of customer funds.

We are registered with AUSTRAC and the FCA UK (for AML purposes) and work with some of the world’s largest payment providers, including Mastercard, Visa, Apple Pay and Google Pay.

Yes – with CoinJar Instant Buy you can buy Solana with any AU-issued Visa or Mastercard. We also offer support for Apple Pay and Google Pay.

The price of SOL in AUD is determined by the international Solana market – basically, the price to be found on cryptocurrency exchanges in Australia and all around the world. These prices tend to be the same (or very close) because any differences are smoothed out by arbitrage traders that buy at one exchange and sell at another.

Solana uses Rust, one of the most widely used programming languages in the world.

No… But! When looking to buy Solana you might wonder, "Can you mine Solana?" Unlike other crypto assets, the answer isn't straightforward. Mining in the traditional sense – the proof-of-work model – isn't how the Solana network operates. Instead, it uses a proof-of-history consensus combined with proof-of-stake, focusing on performance and rapid transactions.

This mechanism means that while you can't "mine" Solana in the conventional sense, you can participate in the network by staking SOL crypto. This involvement secures the blockchain and aids in processing the vast number of transactions Solana is known for.

Buying Solana is straightforward with CoinJar. Just set up your CoinJar account, verify your identity, select a payment method, and you'll be ready to purchase SOL securely.

Yes. CoinJar is a platform customers trust for buying and selling cryptocurrencies like Solana. With user-friendly tools and robust security measures, you can confidently make transactions and protect your investments.

Yes, CoinJar is perfect for both newcomers and experienced crypto enthusiasts. The platform is designed with a straightforward guide to buying Solana, ensuring a smooth experience as you navigate the world of cryptocurrencies.

Yes. CoinJar offers real-time tracking of SOL prices, helping you make timely and informed decisions based on the latest market movements. See chart above.

As with many cryptos, the price can change all the time. At the time of writing, SOL is US$100.37, but you will need to keep checking the price at the top of this page to stay up-to-date on the SOL price.