Price change (1h)
Price change (24h)
Price change (7d)
What is Solana
The Solana cryptocurrency, commonly known as SOL, is a digital asset that operates on the Solana blockchain network. Solana is a high-performance blockchain platform designed to provide fast and scalable solutions for decentralized applications (dApps) and cryptocurrencies. It aims to address the scalability limitations that have plagued other blockchain networks, such as Bitcoin and Ethereum.
One of the key features of Solana is its ability to process a large number of transactions per second (TPS), making it one of the fastest blockchain platforms in existence. It achieves this high throughput through a unique combination of technologies, including a proof-of-stake consensus algorithm called Proof of History (PoH) and a system of parallel processing called Tower BFT (Byzantine Fault Tolerance).
The Solana network also offers low transaction fees, allowing users to transfer SOL tokens and interact with dApps without incurring significant costs. This makes it an attractive option for developers and users who require fast and affordable transactions.
Additionally, Solana provides a robust ecosystem for developers to build and deploy decentralized applications. It offers support for multiple programming languages and provides a range of tools and frameworks to facilitate the development process. This has led to the creation of a vibrant and diverse ecosystem of projects and applications on the Solana blockchain.
The SOL token serves as the native cryptocurrency of the Solana network and is used for various purposes within the ecosystem. It can be used to pay for transaction fees, participate in governance decisions, and incentivize validators to secure the network. The SOL token has gained significant traction and has seen a surge in popularity and adoption among crypto enthusiasts and investors.
Solana has garnered attention and recognition within the blockchain and cryptocurrency community for its impressive technological innovations and its potential to revolutionize the way decentralized applications are built and operated. It has attracted partnerships with major industry players and has gained support from prominent investors and venture capital firms.
Frequently asked questions
How do I create an account?
Sign up for a Free Prosper account in less than 10 seconds. No passport verification needed:
Go to Create Account
Fill in the required information
Tap on Create account
Done, you now have an account
Deposit up to €250 and start trading immediately! Verify your identity to increase deposit and withdrawal limits.
What are the fees?
Prosper's trading fees are the lowest in the industry. Create a Free account and start trading crypto for as little as 0.03%. There is no minimum volume commitment. The minimum order size is €10.
How do I verify my identity?
After creating an account you can verify your identity. This process is fairly simple and can be completed in less than a minute.
Go to Account
Tap on Identification
Tap on Verify identity
Follow the steps on screen
Done, in a few minutes your identity will be verified
During identity verification you’ll be asked to make a selfie photo and a photo of your identity document (e.g. passport).
Please note: that all submitted pictures must be of the actual physical document (e.g. passport). Taking pictures of a screenshot will be automatically rejected, requiring you to start over.
How do I add a payment/payout method?
Payment and payout methods are considered the same. Currently we support iDeal and SEPA. We intend to add more payment methods in the coming months.
When you do a deposit, your payment method is automatically saved and connected to your account. To do a deposit follow the steps below:
Go to Create
Tap on Deposit
Tap on Fiat currency
Enter the amount you wish to deposit
Tap on your desired payment method and follow the selected steps below:
I’ve chosen iDeal
Select the bank you wish to use to deposit
Tap on Deposit with iDeal
Follow the steps in your banking app or website
Done, you will automatically be returned to Prosper after the payment
iDeal deposits have a maximum of €10.000 per transaction. The balance is reflected within 1-3 business days in your Prosper account after a successful payment.
I’ve chosen SEPA
Create a new SEPA payment in your banking app or website
Copy and paste the bank information
Copy and paste the payment description. Please note: without this your payment will be automatically returned to your bank account.
Verify the payment details
Transfer the amount as you would normally
SEPA deposits have a maximum of €50.000 per transaction. The balance is reflected in your Prosper account within 1-3 business days.
How long does it take to receive a payment into my account?
Prosper currently supports iDeal and SEPA. We intend to add more payment methods in the coming months.
iDeal payments reflected within 1-3 business days in your Prosper account after a successful payment. There is a limit of €10.000 per transaction.
SEPA payments are reflected in your Prosper account within 1-3 business days. There is a limit of €50.000 per transaction.
How long does it take to payout to my bank account?
Bank payouts are performed with SEPA.
Typically it takes 1-3 business days for your withdrawal to be received on your bank account.
Please note that during weekends and bank holidays payments are not processed by the banks. You can create withdrawals, however they will be processed on the next business day.
How secure is it?
Can I change my account type at any time?
You can change or cancel your account type from Standard to Pro at any time. To change your account follow the steps below:
Go to Account
Tap on Subscriptions
Tap on any of the subscriptions to change your subscription or downgrade it to free
Tap on Confirm to confirm your choice
Subscriptions are paid up front per 30 days. If you change your subscription before the end of your subscription period, you forfeit the remaining amount of your subscription fee.