4 min read
What is Solana, and why are network fees less of a concern?
Solana is a blockchain of its own, and SOL is the coin that pays its transfer fees. Those fees are usually low, so sending SOL to an exchanger does not eat a noticeable slice of a small amount the way a busy network can.
So when you sell for hryvnias, the gap between offers comes from the exchanger's rate, not the network — compare that first.
How do you check a Solana address when it has no prefix?
A Solana address is a long string of letters and digits with no fixed start, so you cannot spot a wrong one at a glance. Copy it from the order, not from a chat or an old note, and check it character by character.
The table puts it next to two other popular coins, with the address start and the fee currency of each.
| Coin | Address starts with | Fee paid in | Fee level |
|---|---|---|---|
| no fixed prefix | SOL | usually low | |
| «1», «3» or «bc1» | depends on network load | ||
| «0x» | depends on network load |
With Bitcoin or
Ethereum a prefix at least warns you that an address belongs to another network.
Solana gives no such hint, so match the first and last characters and the network named in the order.
Why do Solana rates vary more between exchangers?
Fewer exchangers quote Solana to hryvnia than
USDT or
Bitcoin, so the spread between the top and bottom offer is often wider. Two exchangers can pay noticeably different amounts for the same SOL.
The thinner a direction, the more a random pick costs you. ForSolana, comparing before you order is part of the payout, not a formality.
Open your bank's page — Solana to
Privat24 or SOL to
Monobank — and enter your amount. The block above shows the current
Privat24 rate and how far the payout sits from the market price; the
Solana to hryvnia rate page has more.
How do you exchange Solana for hryvnias or another coin?
The routine is the same either way: pick a direction and amount, create an order on the exchanger's site, send SOL to the address in the order on the Solana network and wait for confirmations. The exchanger then pays hryvnias to your card or sends the other coin to your address.
Step by step:
- In the «Sell
Solana» block above, find the bank or coin you want to receive.
- On the direction page, enter your amount and compare what each exchanger pays.
- Go to the exchanger and create an order with your card number or, for crypto, your wallet address.
- Send SOL to the address the order shows.
- Once the network confirms, the exchanger sends the payout.
If your bank has no direction of its own, compare SOL to a hryvnia card, which covers Ukrainian bank cards. You can also stay in crypto, for example with SOL to Ethereum or the reverse route
Bitcoin to
Solana.
When buying SOL for hryvnias, you pay by card or bank transfer and the coins arrive at the address you typed in. This is where the missing prefix matters most: check the address before paying.
What should you check in a Solana order so you don't lose funds?
Check the network, the address and the exchanger's terms: the order must name Solana, the address must match to the character, and the rate and verification rules should be clear before you send.
A quick pre-send list:
- the order says
Solana, and you are sending SOL;
- the address was pasted unchanged, with first and last characters matching the order;
- a little SOL stays in the wallet for the fee;
- whether the rate is fixed or floating, which is the exchanger's term;
- any AML/KYC or card check the exchanger requires, and whether the cardholder name must match yours.
These rules are the exchanger's, not OnExchanger's; if anything is unclear, ask its support before sending.
How does OnExchanger help you pick an exchanger for SOL?
One table shows every fresh offer for the direction — rate, amount to receive, limits and reserve — so you see at once who pays more for your amount.
OnExchanger.com is a monitor, not an exchanger: rates arrive automatically from public XML rate files and only recently updated offers stay in the table. We hold no funds and run no exchanges. OnExchanger may earn a partner commission when you click through, but you pay the exchanger's rate with nothing added by us.
The «Exchangers that accept Solana» block shows how many SOL directions each service runs. Cashing out crypto for the first time? Our guide on withdrawing crypto to a Ukrainian bank card walks through it.
FAQ
Nothing fixed: it is a long string of letters and digits. Copy it from the order and check it character by character.