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.

  • ParkersHouse@alien.top
    BEnglish
    1·
    1 year ago

    UK too.

    I go my bank account, which doesn’t let me send money to crypto firms, although I can gamble it all away no problems, to revolut, then to nexo where I get charged £1. Then I do a free transfer of SOL from Nexo to Phantom. For me with my bank, fees etc, that is the best way I’ve found.

    • Wide_Material_7501@alien.topOPBEnglish
      1·
      1 year ago

      Banks not letting us transfer our savings to invest but letting us transfer it for gambling or buying illegal stuff is nuts.

      Anyway, I will try this way as I already have a Nexo account.

      Thanks for the suggestion!