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SolarCoin is a cryptocurrency that has been designed support solar electricity generation. You can participate in this responsible and profitable incentive by purchasing SLR. But, where can you buy this cryptocurrency?
Via the Lykke Wallet app, you can purchase SolarCoin for fiat currencies and exchange it for the growing number of currencies listed on our platform.
What stops you from obtaining SLR?
If you already have your Lykke Wallet installed on your Android or iOS device, you are only a few steps away from being an SLR coinholder. Don’t worry if you don’t have the application yet; it takes only a few seconds to download it from Google Play or iTunes and follow the installation instructions.
When you select sign next to the currency that you want to deposit in your Lykke Wallet, choose Credit Card as the depositing method.
Then, after being redirected to your payment service provider, sign in and enter the card provider and details. Once the transaction is completed, you can use the funds to buy SolarCoin.
Wasn’t that easy and secure?
How to buy SolarCoin with bitcoin
As you probably are aware, bitcoin currently dominates the cryptocurrency market with the highest asset capitalization. No wonder that SolarCoin is paired with BTC and can easily be exchanged for it in your Lykke Wallet, with no transfers to exchange platforms and no transaction fees. How insane is that?
You can trade your BTC for SLR within your Lykke Wallet by tapping the next to SolarCoin.
Your available BTC balance appears on the screen. Tap this value, and select the number of SLR that you want in exchange for BTC. The SLR are added to your account. Simple as that.
How to buy SolarCoin by bank transfer
A bank transfer is still considered to be one of the safest payment methods, which is why Lykke Wallet offers it. All you need to do is log into your app.
Then select the currency of EUR, GBP, CHF, or USD to deposit by tapping the next to it.
The app gives you the bank account details of where you can send or deposit the amount and the currency of your choice.
Keep in mind that, to make any kind of bank transfer with the Lykke Wallet, you must first verify your account by providing an ID and a selfie.
Don’t worry — step-by-step instructions for verifying your account appear onscreen in the app.
Just follow them. Once your account is verified, you can make the deposit and use the fiat currency to buy SLR.
Frequently Asked Questions
When is the right time to buy?
Since owning SLR represents solar electricity generation, there is no good or bad time to purchase it. The sooner you do, the sooner you contribute to this movement. It is in our global interest to utilize the unrealized potential of solar power. A group of volunteers called the SolarCoin Foundation has started this incentive, and Lykke contributes to the distribution of SLR by listing it on our platform, so you can buy it 24/7.
What are the risks with buying SolarCoin (SLR)?
As long as you obtain your SolarCoin from a reliable source, there are no greater risks involved in buying this coin than with any other crypto asset. So, the important question is where to buy Solar Coin. Purchase it at Lykke and store your private key in at least one secure place, if not two or three. Then you completely eliminate the major risk involved in crypto assets: losing them.
Can you sell SolarCoin?
You certainly can sell your SLR. Within your Lykke Wallet, you select a pair, such as SLR/USD, SLR/BTC, SLR/CHF, SLR/JPY, and SLR/GBP, and enter the amount you wish to sell.
Can you buy a partial SolarCoin?
Sure, you can purchase a fraction of a SolarCoin. You decide the purchase method and the amount to spend. The amount of SolarCoin you receive appears on the screen of your mobile device.
What is the best payment method to use when buying SLR?
There are different methods, such as purchasing SLR via bank transfer or credit card, or exchanging SLR for your existing crypto assets. If you complete the transaction within your Lykke Wallet app, you can be confident in the safety of any of these methods. Therefore, we recommend that you choose your favorite.
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