I used to buy it and stake it on Binance in one simple step but currently, the UK regulators stupidly restricted Binance from operating here so I tried Exodus wallet, which makes it super easy to buy and stake in just one click for 7% APY, but the current debit card fees from Ramp and Moonpay (the two services that provide the payment) are way too high. So I was wondering if someone figured out what’s the best way to proceed in the UK to send GBP and get SOL ready to stake with reasonable deposit fees. Thank you for any advice.

  • redeye_banana@alien.topB
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    10 months ago

    Kraken. I do.a bank transfer for zero cost from one of the major uk banks. About 20 minutes later the funds show up in my account.

    Sol/gbp is a trading pair, so I can buy directly with my £.

    Transfer sol to my phantom wallet for a small fee, then stake.