BTC to SOL Instant Exchange
Fast, secure and privacy-oriented Bitcoin to Solana (SOL) exchange.
Swap BTC to SOL at the best exchange rate with BitSwapNow.
Exchange BTC to SOL with Lowest Fees
“Exchange BTC to SOL effortlessly on Bitswapnow! Our user-friendly platform ensures a seamless experience. Enjoy a seamless transition with our user-friendly platform. Whether you prefer fixed or floating rates, rest easy with top-notch security, low commissions, and round-the-clock support. Your crypto journey just got a whole lot smoother – trust Bitswapnow for the ultimate trading excellence!”
What is Solana Token (SOL)?
Solana is a web-scale blockchain platform created in 2017. It was founded by Anatoly Yakovenko, Eric Williams, and Greg Fitzgerald as a chain that will overcome throughput and scalability issues of Bitcoin, Ethereum, and similar projects.
The difference between Solana and other blockchains starts from the consensus method – when most chains use Proof of Work or Proof of Stake, Solana is built on Proof of History. Coupled with several innovations and improvements of Solana, like Gulf Stream forwarding protocol, Pipeline transaction processing unit, and Sealevel parallelizing engine, this consensus method allows Solana to provide enormous throughput of 50,000 transactions per second.
SOL is a native currency of the Solana blockchain. Its primary purpose is to be a fuel for on-chain programs and validation of their outputs. However, it can also be used as a value transfer unit or for staking to profit from hodling.
After Solana’s series of good news, the SOL token raised about 26,12% in SOL/USD rate, which resulted in Solana’s Top-10 position on CoinMarketCap in the middle of August 2021. There were three events probably having the most significant impact: Mango Markets‘ DEX 70-million crowdfunding campaign; Launch of the Wormhole – communication protocol between Solana and other DeFi (like Ethereum, Binance Smart Chain, Terra); SOL-powered sale of Degenerate Ape Academy‘s NFTs on Solanart marketplace, approximately worth $6 million.
How to swap BTC to SOL
With BitSwapNow, BTC to SOL conversions are simple, transparent, and you don’t even need to register. Let’s say you want to convert 1 Bitcoin to SOL:
Choose the exchange pair: Bitcoin vs Solana (SOL), in this case. Enter the address of the recipient to process the Solana Token (SOL) transaction. Check the rate: how many BTC in SOL you’ll receive. Confirm the transaction, make the deposit, and you’ve converted your Bitcoin to Solana successfully, its that simple!
