Convert SOL to KRW
1 SOL = ₩127,607.17 Korean Won 1 KRW Korean Won = 0.00000784 SOL
Last updated：
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SOL/KRW Quote
The current value of 1 Solana is ₩127,607.17KRW. In other words, to buy 5 SOL, you would spend ₩638,035.85KRW. Conversely, KRW₩1.000000 can be exchanged for 0.000008 SOL, and KRW₩50.00 will convert to 0.000392 SOL, excluding platform fees or miner fees.
About Solana
What Is Solana (SOL)?
Solana as an innovative blockchain platform that supports scalable and decentralized applications. It was developed by Solana Labs, founded by Anatoly Yakovenko, and is governed by the Solana Foundation. Solana’s dual consensus mechanism of proof-of-stake and proof-of-history allows for high transaction throughput. It has transaction speed and cost advantages over competitors like Ethereum.
Solana’s unique use of the proof-of-history (PoH) mechanism sets it apart from other blockchains and enhances transaction speed and efficiency. It has achieved a competitive edge over Ethereum, particularly in transaction speed and lower fees, which makes it appealing for developers and users of decentralized applications.
Thanks to its innovative design, Solana has the advantage of large potential scalability, with theoretical limits far exceeding current standard transaction throughput. Solana’s growing market capitalization makes it among the largest cryptocurrencies, reflecting its increasing influence in the crypto space. It’s important for investors to monitor market changes and advancements in competing blockchains like Ethereum so that they can make fully informed investment decisions.
How Solana Works?
Solana is best known as a competitor to Ethereum, the second-largest blockchain project by market capitalization. Like Ethereum, Solana offers a way to build decentralized applications, which are similar to normal apps like Twitter and Robinhood, but with the help of blockchains, they strip away intermediaries.
Solana aims to fix the scalability issues with what it claims is an improved underlying infrastructure that offers faster and cheaper transactions.
Solana also uses proof-of-stake, a popular consensus mechanism that’s supposed to be more eco-friendly than Solana’s proof-of-work method. “Validators,” tasked with ensuring transactions are valid, are chosen based on how many SOL tokens they own
What Makes Solana Unique?
The Solana protocol is intended to serve both small-time users and enterprise customers alike. One of Solana’s main promises to customers is that they will not be surprised by increased fees and taxes. The protocol is designed in such a way as to have low transaction costs while still guaranteeing scalability and fast processing.
Solana has received much praise for its speed and performance, and has even been tipped as a rival that can compare to Ethereum and challenge the dominant smart contract platform. However, the network has been plagued by repeated outages that have impaired its price and aspirations to be the “Visa of crypto.” Furthermore, its ecosystem is accused of favoring venture capital investors with unfair tokenomics.
This has led to a retrace in the price of SOL as of February 2022, and more short-term bearish price action cannot be ruled out. However, in the long run, Solana should appreciate thanks to strong support from exchanges like FTX.
How to buy Solana?
The easiest way to buy Solana is through a crypto exchange like BTCC. BTCC makes purchasing Solana easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you’re ready to dive in and make your first Solana purchase, register with BTCC today.
Exchange Table
SOL to KRW values from Today at
KRW to SOL values from Today at
Solana FAQs
How to trade SOL/KRW futures on the BTCC platform?
Trading SOL/KRW involves speculating on its price movement. Follow these steps to start:
Fund Your Account: Deposit KRW or SOL into your BTCC account.
Navigate to the Market: Go to the "Trade" section and select the SOL/KRW trading pair.
Analyze the Chart: Use our professional trading charts and indicators to inform your decision.
Place Your Trade Order:
To Buy (Go Long): If you think the price will rise, place a buy order.
To Sell (Go Short): If you think the price will fall, open a short position (available in derivatives trading, such as futures).
Set Order Parameters: Choose between Market, Limit, or Stop orders based on your strategy, enter the amount, and confirm the order.
Manage Your Trade: Monitor your open positions and use Stop-Loss/Take-Profit orders to manage risk automatically.
For detailed guides on each order type and risk management, please visit our Help Centre
Can I trade SOL with KRW?
Yes, absolutely. BTCC supports multiple methods to gain exposure to Solana(SOL) using KRW, from simple purchases to advanced trading strategies.
You can:
Buy Instantly: Use our "Buy Crypto" feature with a linked debit/credit card or bank transfer to purchase Solana directly.
Trade on the Spot Market: Deposit KRW and place a buy order on the SOL/KRW spot trading pair using market or limit orders, taking direct ownership of the SOL.
Trade SOL/KRW Futures: For more advanced strategies, you can trade SOL/KRW perpetual or dated futures contracts. This allows you to speculate on Solana's future price movements with leverage, enabling potential profits from both rising and falling markets without needing to hold the underlying asset directly.
How to convert SOL to KRW?
To perform your SOL to KRW conversion on BTCC:
Sign in to your account, or create a new BTCC account if needed.
Go to the trading interface and select the SOL/KRW trading pair.
Input the specific amount of Solana you wish to sell.
Verify the displayed exchange rate and your final KRW total.
Confirm and finalize the sell transaction.
Following these steps, your KRW balance will be updated instantly.
What is the best way to use SOLKRW converter tool?
Our converter tool is designed for quick calculations. Here's how to use it:
Locate the 'Crypto Converter' section on our website or in the app.
Enter the amount of the SOL you want to convert in the first field.
The equivalent value in KRW will be instantly calculated and displayed in the second field, using the latest live market rate.
What is SOL/KRW exchange rate?
The SOL/KRW exchange rate is the current market price at which 1 Solana(SOL) can be exchanged for KRW. Put simply, it tells you how many KRW one Solana is worth at any given moment.
How much is 1 Solana in KRW?
Currently, one Solana is ₩127,607.17. Due to the 24/7 nature of the global cryptocurrency market, the price of 1 Solana (SOL) in KRW is constantly changing. To see the live price, please check the market data section at the top of our platform or visit our SOL to KRW converter.
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