How & where to buy Lido Staked SOL (STSOL) crypto coin
The Lido Staked SOL tokens is bit more complicated to get, owing to a shortage of crypto exchanges that offer it. The four trading platforms offer 14 pairs: MSOLZY.../7DHBWX..., 7DHBWX.../9VMJFX..., 7DHBWX.../7KBNVU... and other. Detailed information is located below.
Where to buy Lido Staked SOL
Step 1You need an account with a cryptocurrency exchange that supports Lido Staked SOL coin. 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 | |
|---|---|---|---|---|---|
|
Orca | 0.3 / 0.3 | LOW | No | $198 |
|
Jupiter | ?? / ?? | LOW | No | $1636 |
|
Saber | ?? / ?? | LOW | No | $530 |
|
Raydium | 0.25 / 0.25 | LOW | No | $811 |
Transfer or buy with P2P one of this coins: 7DHBWX..., USDH1S..., 9VMJFX..., 7KBNVU..., 7VFCXT... or other.
Step 3Open spot on your trading platform and type the token name in search box. Select from available trading pairs, then set order and push Buy STSOL button.
Congratulations!
After pushing buy, the Stsol token will be transferred to your account on the trading platform. Remember that just moving your coins off crypto exchange to cold crypto wallet such as Trezor One or Ledger Nano, you can improve protection of your investments. This would not just lower your risk if your trading platform of choice gets hacked, but if you pick a “cold,” or offline, wallet, your Lido Staked SOL token turn into virtually unbreakable. Only downside is usually have to pay a small fee to move your coins off of the trading platform.
What is Lido Staked SOL
‘Lido for Solana’ is a Lido-DAO governed liquid staking protocol for the Solana blockchain. Anyone who stakes their SOL tokens with Lido will be issued an on-chain representation of SOL staking position with Lido validators, called stSOL. This will allow Solana token holders to get liquidity on their staked assets which can then be traded, or further utilized as collateral in DeFi products. stSOL is the liquid token that represents your share of the total SOL pool deposited with Lido. As soon as you delegate to the pool, you receive the newly minted stSOL. Over time, as your SOL delegation accrues rewards, the value of your stSOL appreciates
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Statistics and Externals
Term of hashing algorithms not applicable to Stsol tokens.
Price and supply
The current total supply is 3.9 millions, with a circulating supply of 0 STSOL as of Nov 2024. The Lido Staked SOL maximum supply is 828584.
The Stsol price is $299.1743 as of 11:30 AM. The price was raised on 1.0052% over the past 24 hours. The recent price action left the token's market capitalization at 56.1 millions USD. In previous 30 days, the Lido Staked SOL coin increased on 1.56%.
FAQ
What cryptocurrency exchange can I buy Lido Staked SOL?
Lido Staked SOL coin can be bought from four trading platforms. The list includes: Raydium, Jupiter, Saber and Orca.
Is Stsol a good investment?
The Lido Staked SOL coin has a high risks of value drop. Due to the high volatility of all Blockchain based assets you should note: any cryptocurrency has a possibility price to crash to zero, unexpected changes in market can lead to sharp and sudden moves in price and learn the risks before you start trading. But on the other hand of that investing in cryptocurrencies is potentially extremely profitable.
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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.
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