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Solana is one of the top ten cryptocurrencies on the planet and is often considered one of the fastest major cryptos. It’s also pretty unique in the world of online casinos, and it’s becoming more widely available as time passes.
It might not be widespread, but it’s still good for you to jump on the bandwagon as soon as possible, especially if you already own Solana. If not, you’ll be glad to know that this guide will go deeper into what SOL is, how it works in online casinos, and whether it’s a good option for making deposits and withdrawals on US gambling sites.
Best US Solana Gambling Sites
A decent number of Solana online casinos currently grace the online space, and an even more significant number will become available as time passes. As a player interested in using their services, you need to ensure you’re joining a high-quality casino that offers a safe environment filled with numerous games and lucrative bonuses.
However, as always, it’s not as easy for a player to find such casinos. You can easily run into a bad apple that will just act as a bottomless pit for your gambling funds. What’s worse, as crypto casinos are often unregulated, you can also run into a scam site that doesn’t pay out.
That’s why we’ve made sure to find the casinos that are the exact opposite of that. We’ve scoured the web and found casinos that check all the essential boxes:
- High security
- Lucrative bonuses and promotions
- Great selection of games from popular providers
- Provably fair games
- Great website design
- User-friendly interface
- Quality customer support
As time passes, we’ll make sure to add even more online casinos to the list as soon as we manage to find great ones that keep with our high standards.
What Is Solana (SOL)?
Solana is an open-source project that uses the benefits of blockchain technology to provide users with an easy way to create decentralized apps or DApps. The Solana protocol was first envisioned in 2017 and officially launched in 2020.
The protocol uses technology similar to other cryptocurrencies, but it has unique security features. It uses a successful mix of proof-of-history (PoH) and proof-of-stake (PoS).
- PoH is a sequence that provides a method for cryptographic verification of the passage of time between specific events. In Solana, PoH embeds timestamps into the blockchain to ensure transactions are correctly recorded.
- PoS is a consensus mechanism used by miners who stake their coins and get the right to validate new transactions. The same thing happens in Solana, but with the added benefit of PoH that improves the performance of PoS.
Solana is geared towards decentralized finance systems (DeFi) and organizations looking to make DeFi more accessible. However, the innovative model Solana uses has made it attractive to various investors and traders, including small-time traders looking for new crypto to invest in and use.
Founders of Solana
He later worked at Dropbox, and in 2017, he joined forces with Qualcomm colleague Greg Fitzgerald. Together, they started developing Solana through a project called Solana Labs. They released the Solana protocol and the first SOL tokens to the public three years later.
Solana didn’t take long to become one of the major cryptos on the planet, often in the top 10 according to market cap.
Furthermore, Solana is now trying to become the “Visa of Crypto” thanks to its unprecedented speed of transaction processing and incredibly high security. Only time will tell if it will succeed.
How to Use Solana in a US Online Casino
If you want to start using Solana in a US online casino supporting it, you need the following things:
Good Solana online casino that accepts US players
Crypto wallet that supports Solana
Decent amount of SOL tokens
You’ve already dealt with the first point as we have provided you with some of the best Solana online casinos in the US.
You’re only left with getting the second and the third thing on the list.
When it comes to wallets, you need to get one that not only works for Solana but is also a high-quality crypto wallet that offers high levels of security. Some of the best crypto wallets for Solana are:
- Ledger Nano X
You can find the complete list of supported wallets on the official Solana page.
Once you have your wallet, you need to get your Solana tokens.
How to Buy Solana
If you don’t already own SOL, let’s take a closer look at how you can buy Solana using a simple step-by-step process:
- Find a good crypto exchange that supports Solana.
- Create an account by following the registration procedure.
- Deposit money using one of the available payment methods.
- Buy the desired amount of SOL tokens.
And that’s it. The whole process is typically quite fast, and the waiting time for receiving your tokens is pretty low since the Solana network is incredibly fast.
What’s more, you will spend most of this time creating your profile, as you’ll have to verify your account using identity documents. It’s all part of a standard KYC procedure, just like you get in most online casinos. Naturally, there will be none of that if you’re joining a crypto-exclusive casino, as these are not required to follow KYC procedures.
Once you have your tokens, you should transfer them to your wallet as you won’t be able to send them from the exchange to the casino.
How to Deposit With Solana
Now that your SOL tokens are ready, it’s time to start using them at a casino of your choice. Let’s take a look at how depositing works:
- Pick one of the Solana US casinos from our table.
- Visit the official site using our link and click on the Sing Up/Join/Register button.
- Complete the registration process by inputting all the necessary information.
- When the account is ready, visit the Cashier section.
- Choose Solana as the deposit method.
- The casino will give you the Solana wallet address you’ll need to copy.
- Paste the address in your wallet, input the amount you want to deposit, and confirm the transaction.
- Once you’re done, wait for the SOL tokens to reach your account, which should happen pretty quickly.
Once the tokens are in your account, you can finally start playing the games! Don’t forget to claim the welcome bonus, though.
How to Withdraw With Solana
Withdrawing Solana once you’ve made your winnings and have completed the wagering requirements is even simpler than the initial deposit. Here’s the process you’ll need to follow:
- Visit the Cashier section of your account.
- Head to Withdrawal/Cashout and choose Solana.
- Visit your wallet and copy the Solana wallet address.
- Paste the address in the corresponding section in the casino.
- Confirm the payment and wait for the tokens to arrive in your wallet.
And that’s it. The process is straightforward and quick, but you’ll still have to wait for the assets to reach you. The time it takes depends entirely on the casino and network speed. Thankfully, Solana withdrawals are typically much faster than most other crypto cashouts.
Pros and Cons of Using Solana in Online Casinos
If you’re unsure of whether you should start using a Solana US casino, we’ve prepared a quick overview of the main pros and cons of these attractive online casinos.
As always, there are many advantages, but a few disadvantages as well, so make sure you adequately consider both before you decide.
- Fast transactions
- Lower fees than most other cryptos
- High reliability and safety
- Excellent reputation
- Bright future, according to most experts
- Numerous supported exchanges and wallets
- Environmental friendliness
- Relative complexity compared to fiat
- Low acceptance rates in online casinos
- Price volatility
- No cap on the total number of coins
Solana Alternatives in the World of Crypto
As you already know, Solana is not the only major cryptocurrency in the world of online gambling. You can consider using several more coins if Solana is not to your liking.
Let’s take a look at the best alternatives from the crypto world:
Solana online casinos might not be widely known, but they are gaining their footing and proving that Solana is an excellent cryptocurrency for the online gambling market.
If you’ve read our guide, you are ready to start your experience at a reputable US Solana casino. Make sure you pick one of the several we recommend, use our link, and create a profile. After a quick deposit, you can start having fun with a wide selection of great casino games. Good luck!