But again, the crypto space is booming and the majority of the participants in this boom are beginners. People who still don’t understand what cryptocurrency is but wish to make money by betting on the popular ones.<\/p>\n
Such as Solana. In one of my earlier posts<\/a>, I recommended that Solana should be in your portfolio. Solana is the epitome of what the blockchain, Defi, and Crypto industries are all about. Super low fees and super high transactions per second. It is everything you expect and should be looking for while buying an altcoin.<\/p>\n Anyways, in this post, I’ll show you how to buy and withdraw Solana from WazirX. The whole process is the same as we did with DOGE. The\u00a0main reason for writing this post is to also give you a quick solution to the deposit issues currently going on with WazirX.<\/p>\n You will need an active Binance account and a WazirX account under the same email address. You will have to connect your WazirX account with your Binance account in the next steps.<\/p>\n This is the only way to withdraw or deposit Solana into your WazirX account.<\/p>\n Sign up\u00a0for Binance here<\/a> and WazirX here<\/a>. Then proceed to connect both accounts by following the steps below:<\/p>\n 1. Login to your Binance account. Click on the wallet and select overview<\/strong><\/p>\n 2. Then click on WazirX and connect both accounts\u00a0<\/strong><\/p>\n Once you’ve successfully connected your WazirX account with your Binance wallet, proceed to the next step.<\/p>\n If you already have SOL coins in your WazirX wallet, skip this step and proceed further.<\/p>\n If you don’t have any Solana coins (SOL) in your WazirX wallet, buy some.<\/p>\n But how?<\/p>\n WazirX allows deposits from a selected number of relatively small banks. Even if you wish to pay via Mobikwik, the charges are there, which isn’t right.<\/p>\n However, there is a workaround to this too.<\/p>\n WazirX allows you to deposit INR through Federal Bank.<\/p>\n Opening a new bank account can be a tedious task, and it’s just another burden if you don’t need it, especially when you already have more than two bank accounts.<\/p>\n But in this case, we can use a neobank<\/a> like Fi or Jupiter.<\/p>\n Neobanks like Fi and Jupiter are not banks in themselves but have partnered with Federal Bank.<\/p>\n Unlike a conventional bank account, neobanks take a few minutes to open your account, zero-minimum balance and it’s a completely digital process.<\/p>\n So, you can open a new account on Fi<\/a> or Jupiter<\/a> then register for Federal Bank internet banking services.<\/a><\/p>\n You don’t have to maintain any balance in this account, you get a free debit, very few charges and they offer reward points for saving\/spending your money. A win-win deal, so to speak.<\/p>\n The next step is to transfer the SOL you wish to withdraw.<\/p>\n On the WazirX dashboard, click on Funds, and at the top, you will notice a banner like this:<\/p>\n Click on this banner to begin the transfer.<\/p>\n Transferring your coins from WazirX to Binance wallet<\/a> has no extra charges or fees.<\/p>\n Once the transfer is complete, log in to your Binance account.<\/p>\n On your Binance dashboard, click on Wallet and select Fiat and Spot.<\/em><\/p>\n Then click on Withdraw.<\/p>\n Select SOL from the dropdown menu.<\/p>\n Open your crypto wallet, copy your SOL wallet address and paste it in the address field. Crypto wallets<\/a> that support Solana are Exodus<\/a> and Trust Wallet<\/a>.<\/p>\nStep 1: Connect Your Binance and WazirX Accounts<\/h2>\n
![\"\"](\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/10\/binance-click-on-wallet-and-select-overview.png?resize=447%2C280&ssl=1\")
<\/p>\n![\"\"](\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/10\/Click-on-wazirx.png?resize=175%2C284&ssl=1\")
<\/p>\nStep 2: Buy Solana (SOL) Through WazirX<\/h2>\n
![\"\"](\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/10\/federal-bank-supported-at-wazirx.png?resize=557%2C296&ssl=1\")
<\/p>\n![\"\"](\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/10\/Solana-Fi-bank.jpeg?resize=254%2C373&ssl=1\")
<\/p>\nStep 3: Transfer The SOL coins to Your Binance Account<\/h2>\n
![\"\"](\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/10\/transfer-to-binance-banner.png?resize=800%2C102&ssl=1\"){kind=spacer}
<\/p>\n![\"\"](\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/10\/transfer-solana-from-wazirx-to-binance.png?resize=800%2C766&ssl=1\"){kind=spacer}
<\/p>\nStep 4: Withdraw SOL from Binance to your Wallet<\/h2>\n
![\"\"](\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/10\/Withdrawing-Solana-from-Binance-wallet.png?resize=800%2C428&ssl=1\")
<\/p>\n
![\"\"](\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/10\/withdraw-solana-from-wazirx-tutorial-.png?w=800&ssl=1\")
","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"![\"\"](\"https:\/\/aayushbhaskar.com\/wp-content\/uploads\/2021\/10\/withdraw-solana-from-wazirx-tutorial-.png\")
","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":1,"featured_media":4245,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[112],"tags":[162,161,117],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/aayushbhaskar.com\/wp-content\/uploads\/2021\/10\/withdraw-solana-from-wazirx-tutorial-.png","acf":[],"yoast_head":"\n