Solana (SOL) will be launched on BIT on Jan. 14, 2022. SOL/USDT trading will be available from 12PM, Jan. 14, 2022 (GMT). You may now start to deposit your SOL into BIT and get ready to trade!
What is Solana?
Solana is a high-performance, open-source public blockchain, and SOL is Solana’s native token.
Solana provides scalability without sacrificing decentralization or security to support all fast, secure, and scalable, decentralized applications and marketplaces. Solana achieves consensus using a Proof-of-Stake (PoS) and Proof-of-History (PoH), giving it a unique hybrid consensus algorithm. PoH ensures that a blockchain is very fast but at the same time keeps its security decentralized. Solana supports 50,000 transactions per second (TPS) and 400 ms block time latency.
Trading in cryptocurrencies comes with high risk due to price volatility. Please make sure you understand all the related risks of cryptocurrencies trading, be prudent in your decisions, and trade cautiously. BIT will not be responsible for your trading losses.
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January 13, 2022