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What is Solar?

Solar (SXP) supports the Solar Blockchain Framework, with the aim of creating a transparent governance ecosystem for the enterprise-level blockchain. SXP is the native utility token for said ecosystem.

  • Solar is based on what is referred to as ‘Solar Core’. Using Delegated Proof-of-Stake Consensus technology, the blockchain is secured by 53 delegates, or validators.
  • With the aim of creating an open-sourced blockchain ecosystem, with the collaboration of community members and developers, Solar wishes to create transparent governance for the blockchain.
  • SXP is the native utility token of the ecosystem, on the Solar blockchain, users can stake it to safeguard the network and earn rewards, as well as pay transaction fees.

Solar aims to create a transparent and community governed blockchain framework that rewards it contributors.

How do I swap Solar?

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Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Solar

Why Should I Trade SXP with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over three million Australians. We make it easy to buy and sell Solar no matter what your trading experience is. Unlike other international and Australian Solar exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Solar with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Solar how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Solar?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Solar for free.

Cold Storage

If you are holding Solar as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Solar. We are trusted by over three million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Solar. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Solar has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Solar is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Solar exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Solar & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Solar safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Solar portfolio here.
Yes! With CoinSpot you can convert your Solar to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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