How to buy Bybit Staked SOL crypto coin
The Bybit Staked SOL crypto is not easy to purchase, owing to the lack of cryptocurrency trading platforms that list it. The four exchanges offer four pairs: BYBIT2.../5OVNBE..., BBSOL/USDT, BYBIT2.../SO1111... and other. All the details about, including instructions, last project news and price prediction is listed below.
Where to buy Bybit Staked SOL
Step 1You need an account with a cryptocurrency exchange that supports Bybit Staked SOL token. All of them listed on our site. Create it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
Raydium (CLMM) | ?? / ?? | MEDIUM | No | $3056 |
|
Orca | 0.3 / 0.3 | LOW | No | $198 |
|
Bybit (Spot) | -0.025 / 0.075 | HIGH | Yes | $9206 |
|
Meteora | ?? / ?? | MEDIUM | No | $2387 |
|
Jupiter | ?? / ?? | LOW | No | $1636 |
Transfer or buy with peer-to-peer trading one of this coins: 5OVNBE..., USDC, USDT or SO1111....
Step 3Switch to spot on crypto exchange and type the coin name in search form. Choose between available trading pairs, then set order and push Buy BBSOL button.
Congratulations!
By pressing buy, the Bbsol coin will be transferred to your account on the trading platform. Keep in mind that just moving your coins from exchange to offline crypto wallet, you help better protect your investments. This would not only lower your risk if your cryptocurrency exchange gets hacked, but if you move to a “cold,” or offline, wallet, your Bbsol token becomes almost unbreakable. Only flaw is, usually have to pay a small fee to move your coins off of the trading platform.
What is Bybit Staked SOL
BybitSOL is Bybit's gateway into the Solana DeFi ecosystem, giving users multiple options to earn from multiple off and on-chain yield sources. Key Takeaways: bbSOL allows users to earn staking rewards on Solana while retaining liquidity, making it a versatile tool in the realm of DeFi. Bybit's liquid staking protocol automatically reflects rewards in bbSOL's value, enabling seamless participation in DeFi activities without manual intervention. Despite potential risks, such as slashing and value fluctuations, bbSOL's security, fee structure and multiple use cases make it a strong option for maximizing crypto assets.
Video Review
Cryptocurrency Staking Explained: How It ACTUALLY Works
Statistics and Externals
Term of hashing algorithm not applicable to Bybit Staked SOL coin.
Price and supply
The current total supply is 587234.5697946, with a circulating supply of 587234.5697946 BBSOL as of Nov 2024. This coin does not have a fixed max supply.
The price of Bbsol coin is $245.28 as of 08:14 PM. The price went up on 9.39388% over the past 24 hours. The recent price action left the token's market capitalization at 144.4 millions united states dollars. So far past 30 days, the Bbsol coin has a change of 53.84%.
FAQ
What exchange can I buy Bybit Staked SOL crypto?
Bbsol token can be bought from four exchanges. The list includes: Raydium (CLMM), Meteora, Orca and Bybit.
Is Bbsol crypto a good investment?
The Bybit Staked SOL has a high risks of value fall. Because of high volatility of all cryptocurrency market you have to always remember: any cryptocurrency has a possibility price to crash to zero, you can lose all of your invested funds and unexpected changes in market can lead to sharp and sudden moves in price. The other side of that investing in cryptocurrencies is potentially extremely profitable.
Comments
About the author
Qayyum Rajan, CFA is a fintech entrepreneur with multiple exits. He started his startup and blockchain career in 2017 building software to automate securities issuance on Ethereum, and never stopped building.
Follow on Twitter