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How to Buy Solana in Canada

A complete step-by-step guide to purchasing SOL safely using CAD in 2026.

Recommended for Canada

The Best Way: Kraken

We have analyzed 20+ exchanges available in Canada.Kraken is currently the top choice because it accepts local bank transfers in CAD and offers the lowest fees for SOL trades.

Buy SOL on Kraken

Is it legal to buy Solana in Canada?

Yes. Buying cryptocurrencies like Solana is legal in Canada. However, you must use a regulated exchange that complies with local financial laws.Kraken is fully compliant and allows you to deposit CAD directly.

Step-by-Step Instructions

  • Step 1: Register. Go to the Kraken official site and create an account.
  • Step 2: Verify ID. In Canada, you will need to complete KYC (Know Your Customer) using your passport or driver's license.
  • Step 3: Deposit CAD. Go to the "Wallet" section and select "Deposit". Choose CAD via Bank Transfer for the lowest fees.
  • Step 4: Trade. Search for the pair SOL/CAD and click "Buy".