Cheapest network to send SOL right now
Right now the cheapest network to send SOL is BNB Smart Chain: $0.025 in total (exchange + chain, ~5 s to confirm). The dearest with a reading is Solana at $0.121. All 2 SOL rails have a reading.
Read 28 Sept, 02:45 UTC. Exchanges readable: Binance, KuCoin and HTX. SOL priced at $120.
| Rank | Network | Chain fee | Speed | Cheapest withdrawal | Total |
|---|---|---|---|---|---|
| 1 | BNB Smart Chain (BEP-20)cheapest 1 of 1 listed exchanges enabled · USDT transfer used as the proxy; a plain SOL send is usually cheaper | $0.0021 | ~5 s | $0.023 · Binance | $0.025 exchange + chain |
| 2 | Solana 2 of 3 listed exchanges enabled · USDT transfer used as the proxy; a plain SOL send is usually cheaper | $0.0006 | ~5 s | $0.120 · Binance | $0.121 exchange + chain |
Basis: total is the cheapest enabled withdrawal fee across Binance, KuCoin and HTX plus the chain's own fee for sending on again, where both are known; a rail with one reading is ranked on that and labelled. Chain fees from the networks (cached 90 s), exchange fees from their public endpoints (cached 10 min). Each network name opens its page with every exchange's fee, minimums and 24h history.
SOL rails, in short
SOL is native on Solana, where a transfer costs a fraction of a cent. SOL on BNB Smart Chain is a Binance-pegged token that only works where the receiver accepts it.
Questions
- Which network is cheapest for SOL right now?
- BNB Smart Chain, at $0.025 total (exchange + chain). Next is Solana at $0.121. Cheapest only helps if the receiver accepts SOL on that network: check their deposit page before choosing.
- Is the exchange fee or the network fee the bigger cost?
- On 2 of the 2 SOL rails where we read both, the exchange withdrawal fee is larger than the chain's own fee. On BNB Smart Chain, for instance, the cheapest withdrawal is $0.023 (Binance) against $0.0021 on-chain. Exchanges charge a flat amount that rarely tracks the live fee market.
- Are the SOL tokens on different networks the same thing?
- SOL is native on Solana, where a transfer costs a fraction of a cent. SOL on BNB Smart Chain is a Binance-pegged token that only works where the receiver accepts it.
CheapestChain is sponsored by Craze, a casino that takes crypto deposits. We have no commercial relationship with any exchange or network named here and no affiliate links to them. Not financial advice; fees change without notice.