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How to buy Sologenic (SOLO) in Canada

Learn how to buy Sologenic (SOLO) in our step-by-step guide.

Bybit Cryptocurrency Exchange

Bybit Cryptocurrency Exchange logo
  • Trade SOLO and 375 other cryptos
  • Join 10M+ users around the world
  • Instant buy with CAD & advanced trading options
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Highly volatile investment product. Your capital is at risk. Bybit is not available to residents of Ontario or Quebec.

Sologenic (SOLO) is the 418th largest cryptocurrency by market cap, valued at US$46,788,859.

Sologenic is a highly volatile asset capable of major price swings in a single day. Today SOLO is trading for $0.117253 USD, which is higher than yesterday's trading price of $0.1154504036 USD. Over the past year, Sologenic's price has seen a decrease of -57%.

So before you buy Sologenic, make sure you understand these unique risks as well as its legal and tax status here in Canada.

If you're ready to get started, read on for step-by-step instructions on how you can buy Sologenic.

How to buy Sologenic in 4 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Sologenic is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit CAD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Sologenic
    You can now exchange your funds for Sologenic. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Sologenic to your personal wallet.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy Sologenic in Canada

Find an exchange to buy, sell and trade SOLO by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

1 - 1 of 1
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Bybit Cryptocurrency Exchange
Bybit Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, P2P
USD, AUD, CAD, EUR, GBP, NZD, HKD, JPY, SGD, PHP

376
cryptocurrencies

Highly volatile investment product. Your capital is at risk. Bybit is not available to residents of Ontario or Quebec.
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How we keep this Sologenic guide up-to-date

  • SOLO price data is regularly updated through data feeds so you always have the latest information.
  • Sologenic performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

How do I find the best places to buy Sologenic?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Canada to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Sologenic?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Sologenic.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing SOLO with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What are the best ways to buy Sologenic?

Once you've created an account, you will need to deposit funds to buy SOLO with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy SOLO:

  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase SOLO by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for SOLO on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Sologenic?

The easiest way to buy SOLO is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying SOLO, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Sologenic has been performing recently.

Best Sologenic wallets to store your SOLO

You can keep your SOLO on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your SOLO below.

Ledger Nano X Wallet

Trezor Model T Wallet

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Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Sologenic a good investment?

Decentralised exchanges aren’t exactly thin on the ground in the crypto space – so what are the things you should look out for when deciding which one to invest in?
  • Real world use-cases. Sologenic’s main point of difference is that it’s built on the Ripple ledger. Ripple is aimed at institutional use and has been working in the cross-border payments sphere for some years now. The main point of Sologenic is that it can provide high levels of speed and reliable transaction settlement times. Aside from trading tokenising assets, they are also set to offer payments cards and a brokerage solution.
  • Availability. At the time of writing (June 2021), outside the Sologenic ecosystem the SOLO tokens can only be traded on 11 exchanges, and they are not available on the most popular players like Binance or Coinbase.
  • Project development. Sologenic is an ambitious project attempting to revolutionise the trading of assets across borders. While this is promising, it’s best to quell these expectations and see it instead as an exchange solution that takes the strengths of the Ripple network and builds on them to allow a speedy trading experience, while following the progression of the protocol.

Today's Sologenic price versus ATH

Compare today's price of Sologenic ($0.117253 USD) against its all-time-high price of $6.55 USD on 02 December 2021. The closer the bar is to 100%, the closer SOLO is to reaching its ATH again.

Sologenic's price: $0.117253
ATH date: December 02, 2021
1.79%

Sologenic ATH: $6.55


How to trade, convert or sell Sologenic

You can convert or sell your SOLO with the same exchange you bought it through:
  1. Sign in to the exchange you have SOLO on.
  2. If you store your Sologenic in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of SOLO you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Sologenic.
  6. Complete your transaction and move your SOLO to a wallet for storage.
  1. Coinspeaker
  2. Data by CoinGecko

Disclaimer: Cryptocurrencies, including Sologenic, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of SOLO is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Sologenic or any other cryptocurrency discussed.

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