Backpack Lists Solana (SOL) For Spot Trading

Backpack will list Solana (SOL) spot token on our spot trading markets.

Trading of SOL will start according to the following schedule:

• Spot trading for SOL/USDC opens at 3:45 AM UTC

• SOL deposits and withdrawals are currently open

Solana is a blockchain platform that supports decentralized apps (dApps) and crypto-currency transactions. It's a crypto-computing platform that aims to achieve high transaction speeds without sacrificing decentralization.

Solana is an open-source blockchain that uses new technologies to provide a fast, scalable marketplace and decentralized applications.

Solana's native cryptocurrency is SOL, which is used to pay transaction fees and for staking. Solana is much faster in terms of the number of transactions it can process and has significantly lower transaction fees than rival blockchains like Ethereum.

Ticker: SOL

Circulating Supply: 422,868,788

Ticksize: 0.01 USDC

Risk warning: Trading digital assets involves significant risk and may result in the loss of your invested capital. You should ensure that you fully understand the risks involved and take into consideration your level of experience in investment, and seek independent financial advice if necessary.

For any inquiries, please contact support@backpack.exchange or join our Telegram chat group.

Backpack Exchange

11/20/2023 (UTC)

Do you have questions or require further information?

Please reach out to us at: support@backpack.exchange.