Cryptocurrency adoption is growing globally, with Central & Southern Asia and Oceania seeing over $750 billion in crypto inflows in 2024, making up 16.6% of global transactions. However, in the Solomon Islands, crypto remains unregulated, and the Central Bank has stated that digital currencies are not legal tender.
Despite this, the country is exploring digital finance innovations. A key step is the development of “Bokolo Cash,” a Central Bank Digital Currency (CBDC) in partnership with Japanese firm Soramitsu.
For those interested in crypto in the Solomon Islands, we’ve reviewed the top exchanges, considering trading fees, security, asset availability, and unique features. Here’s a breakdown of the best platforms for buying, selling, and trading digital assets in this island nation.
Read Also: Best Crypto Exchanges in Spain (2025)
Top Crypto Exchanges in the Solomon Islands
Exchange | Trading Fees | Best For | Max Leverage | Available Asset | Fiat Support | Security Features | Unique Features |
UEEx | 0.09% Maker/Taker (spot);0.08-.10% Maker/Taker (margin) | Beginners seeking a simple and secure platform | 200x | 300+ cryptocurrencies | USD, EURCAD | Two-factor authentication (2FA), distributed cold storage, Multifactor logins, SSL encryption, Proof-of-reserves (PoR) | Copy trading, Fiat currency, support, Customer support, Flexible crypto loans, Zero deposit fees |
Binance | 0.1% Maker/Taker fees (for spot and margin trading); discounts available for BNB holders. | Experienced traders and a wide asset variety | 125x | 500+ | PKR, USD, EUR | Two-factor authentication (2FA), Cold storage, Anti-phishing, Insurance fund | Global liquidity, broad crypto asset availability, advanced trading tools |
OKX | 0.08% maker and 0.1% taker fee | Professional traders and NFT enthusiasts | Up to 10x on spot and 100x on futures. | 900+ | USD, EUR | two-factor authentication, Smart CAPTCHA | P2P tradingNFT marketplace |
KuCoin | Maker/Taker Fees:Lowest: 0.00% / 0.04%Highest: 0.08% / 0.08% | Best suited for experienced and advanced traders. | 125x | Bitcoin, Ethereum, Solana, Shiba Inu, and others | KuCoin does not support fiat deposits themselves but relies on third-party payment processors | Two-factor authentication (2FA), Anti-phishing, Cold storage | Advanced trading features, staking options, and a wide range of altcoins |
Spectrocoin | Varies (generally low) | Beginners and European users | N/A | 50+ cryptocurrencies | EUR, USD, others | 2FA, SSL encryption, cold storage | Debit card services, customizable wallet features |
Bybit | 0.1% trading fee for the Taker and no fee for the Maker. | Best Crypto Exchange with Deposit Reward | 200x | 700+ | Users can only deposit or withdraw via cryptocurrencies or third-party services. | two-factor authentication (2FA), cold wallet storage | Testnet account for practice and a copy trading |
Kraken | Maker fees: 0.25%–0.00%. Taker fees: 0.40%–0.10%. | Both beginners looking for an easy-to-use interface and experienced traders | 5x | Bitcoin, Ethereum &200+ other crypt | ALLEURUSDGBPCAD | two-factor authentication (2FA), cold storage for most assets, and global regulatory compliance | User-friendly interface, strong regulatory compliance, fiat on-ramp options |
1. UEEx– Best Overall
Since its launch in 2021, UEEx has gained popularity in the Solomon Islands due to its strong emphasis on security and accessibility. It allows users to trade and invest in cryptocurrencies and stocks with confidence, making it one of the best crypto exchange platforms in the region.
Furthermore, UEEx is highly trusted by traders and investors in the Solomon Islands because it prioritizes privacy and security. It protects user anonymity by assigning 2,000 unique wallet addresses to each account.
In addition, it guarantees 100% repayment for any funds lost due to security breaches, technological issues, or insufficient liquidity, ensuring maximum protection for your assets.
UEEx also prioritizes security, safeguarding 93% of user funds in cold storage and using advanced encryption technology to prevent unauthorized access. With access to over 300 digital assets, users can benefit from advanced features designed to protect their investments.
To make the process even easier, you can start an online consultation by clicking the “Contact Customer Service” icon on the app or website or the provided address. Then, a customer service representative will respond within 24 hours, ensuring timely support.
Read Also: Best Crypto Exchanges in Bangladesh (2025)
Pros
- Strong security with cold storage and encryption
- No deposit fees
- Supports multiple languages
- Trade crypto and stocks on one platform
- Copy trading helps beginners
- Insurance covers user funds
- $100 million Risk Mitigation Fund
Cons
- The web platform interface could be improved.
- Relatively new compared to established exchanges.
Fees
- Spot Trading: 0.09% (Maker/Taker Fee)
2. Coinbase
Coinbase is popular in the Solomon Islands because of its simplicity and security. It has an easy-to-use interface that makes buying, selling, and trading cryptocurrencies straightforward. This appeals to both beginners and experienced traders. Additionally, as a publicly traded company, Coinbase offers transparency and credibility, which helps users trust the platform with their investments.
Likewise, Coinbase prioritizes security by storing 98% of customer assets offline in cold storage, which reduces the risk of theft. Through Coinbase Earn, users in the Solomon Islands can earn automatic staking rewards on over 10 cryptocurrencies.
Furthermore, with access to over 240 cryptocurrencies and a secure wallet for storing digital assets, Coinbase is a reliable and user-friendly crypto exchange. This makes it a trusted choice among traders and investors in the Solomon Islands.
Pros
- Best for beginners and experienced traders alike.
- 98% of assets are stored offline in cold storage.
- Over 100 million users worldwide.
- Earn on 240+ cryptocurrencies.
- Convenient for storing digital assets.
Cons
- Trading fees start at 0.6% and can be higher for low-volume traders.
- Some payment methods incur additional charges.
- Poor customer support.
Fees
- Trading fees: 0.05% with discounts for higher trading volumes.
- Deposits and withdrawals: Free for bank transfers; charges apply to other payment methods.
- Wallet-to-wallet transactions are free, but blockchain fees apply.
3. Kraken
Kraken is another good and reliable exchange available in the Solomon Islands. The exchange supports over 200 different cryptocurrencies, giving you plenty of options to diversify your portfolio.
One of the best things about Kraken is its user-friendly interface, which is great for beginners. At the same time, it offers advanced trading tools for those with more experience. You can trade in different ways, including spot trading, margin trading, and even futures contracts.
Kraken also stands out because it offers up to 5:1 leverage, which means you can potentially boost your profits by taking larger positions. With its wide variety of cryptocurrencies and flexible trading options, Kraken is a reliable platform for crypto trading in the Solomon Islands.
Pros:
- User-friendly interface
- Over 200 cryptos to choose from.
- Spot, margin, and futures available.
- Transparent fee structure with volume-based discounts.
- Mobile app for trading anytime, anywhere.
Cons:
- Some services might not be fully available in Albania
- Slow account verification in comparison to other brokers
- Some fiat deposit methods may incur fees.
Fees:
- Spot Trading Fees: 0.25% (Maker), 0.40% (Taker)
- Fees reduce as trading volume increases.
4. Spectrocoin
SpectroCoin is a trusted platform for cryptocurrency users in the Solomon Islands. It has been in the crypto space since its early days, making it a reliable choice for beginners and experienced users. The platform provides a variety of services, including buying, selling, storing, and spending digital assets.
Read Also: Best Crypto Exchanges in Egypt (2025)
Funding your account is straightforward, with options to use bank transfers or deposit cryptocurrencies directly. The SpectroCoin prepaid card also allows you to convert crypto into local currency and spend it anywhere MasterCard is accepted, making it convenient for everyday purchases and business transactions.
However, it’s important to be aware of the fees, as frequent use of the prepaid card can add up. SpectroCoin takes user safety seriously for enhanced security. Still, it’s wise to enable two-factor authentication (2FA) and consider using external wallets for long-term storage.
Pros
- Easy-to-use interface for beginners
- Prepaid card for spending crypto in euros
- Localized support for Austrian users
- Secure platform with two-factor authentication
Cons
- Prepaid card fees can be high
- Bank transfers take a few days
- Limited advanced trading features
Fees
- Deposit Fee: Free for cryptocurrency; bank transfer fees vary by bank
- Withdrawal Fees: Varies by cryptocurrency; additional fees for card withdrawals
5. KuCoin
KuCoin is a popular exchange known for its wide range of cryptocurrencies and advanced trading features. It’s a great choice for users in the Solomon Islands who want competitive fees and access to margin and futures trading. It also provides unique tools like crypto lending and staking, giving users more ways to grow their investments.
In addition, KuCoin has a beginner-friendly interface, making it easy for new users to navigate. At the same time, it offers advanced charts and tools that cater to experienced traders. Users can fund their accounts through crypto deposits, providing flexibility for different needs.
However, it’s important to note that KuCoin is not fully regulated in all regions. Therefore, users in the Solomon Islands should be cautious and enable security measures like two-factor authentication (2FA) to protect their assets.
Pros:
- High staking rewards of up to 240% APY
- Over 700 cryptocurrencies available for trading
- Variety of services, including peer-to-peer marketplace and crypto lending
- Access to a launchpad for new tokens
- NFT marketplace for trading digital assets
Cons:
- Spot trading fees may add up for frequent traders
- Variable maker/taker fees for derivatives could be complex for some users
- Some advanced features might be challenging for beginners
Fees:
6. Bybit
Bybit is a popular cryptocurrency exchange used worldwide, including in the Solomon Islands. Founded in 2018, it has grown rapidly and has over 30 million users as of 2024.
The platform offers more than 700 cryptocurrencies, making it a good choice for both beginners and experienced traders.
Bybit also allows leverage trading up to 200x, which helps users increase their trading positions. Its copy trading feature lets users follow and learn from experienced traders, making it easier for beginners to understand the crypto market.
Pros
- Spot trading fees start at 0.1%.
- Strong security measures
- Crypto loans
- NFT marketplace
Cons
- Not available in all regions
Fees
- Spot Trading Fees: 0.1% Maker/Taker, 0.09% Maker/Taker for GT holders
- Fees reduce as trading volume increases
- Spot trading fee: 0.00% / 0.04%
7. Binance – Best for Beginners
Binance is one of the most well-known cryptocurrency exchanges in the world. If you are trading cryptocurrency in the Solomon Islands, it is a good option to consider. Binance focuses on security and reliability and can handle large amounts of trading quickly, making it great for fast transactions.
However, Binance sometimes has unexpected maintenance, and there have been a few security issues in the past. But it has a special fund to repay users if a security problem happens.
For people in the Solomon Islands, Binance offers many useful tools, whether you are new to trading or have experience. It has some of the lowest fees, and its simple design makes it easy to use.
You can access Binance on your phone or computer, and it supports multiple languages, making it a convenient choice.
Read Also: Best Crypto Exchanges in Tuvalu (2025)
Pros
- It is the largest crypto exchange by trading volume.
- Low or no trading fees, saving you money.
- Strong security with a reimbursement fund for breaches.
- Easy-to-use platform with mobile and desktop options.
- Offers a variety of crypto products and features.
Cons
- Sometimes, it goes into unexpected maintenance.
- A wide range of features might confuse beginners.
- Occasional security vulnerabilities.
Fees and Deposits
- Basic trading fees start at 0.1% with BNB discounts
- Deposit Fees: Usually free.
- Trading Fees: Very low or none, depending on the trade.
- Withdrawal Fees: Depends on the cryptocurrency.
Factors to Consider When Choosing a Crypto Exchange in the Solomon Islands
Source: freepik
When choosing a cryptocurrency exchange in the Solomon Islands, consider different factors to ensure safety, ease of use, and value for your money. Picking the right platform can improve your experience and help you take advantage of the growing crypto market.
Security
Your funds and personal information should always be protected. Look for platforms that offer viable and strong security measures, such as two-factor authentication (2FA), cold storage for digital assets, and insurance policies against cyberattacks.
It’s worth mentioning that UEEx is known for its multi-factor authentication, IP-based access control, and wallet security. Binance also offers 2FA security features. Additionally, reviewing the platform’s history with breaches and its response to such incidents can provide insight into how seriously it prioritizes security
Exchange | Insurance | Cold Storage % | Regulatory Status | Security Features |
UEEx | Yes | 93% | Licensed | Multi-factor authentication, Access control with IP, and wallet whitelisting |
Binance | SAFU | 90% | FSMA registered | Advanced API permissions, Hardware 2FA |
Coinbase | Yes | 98% | New York’s BitLicense, Registered with FinCEN | two-factor authentication (2FA), AES-256 data encryption |
Kucoin | Yes | Not-disclosed | CIMA registered | advanced encryption, and a multi-layered security system |
Kraken | N/A | 95% | Licensed by FinCEN (U.S.), complies with FCA (U.K.) | Two-factor authentication (2FA), cold storage for 95% of funds, encryption |
Spectrocoin | No | 99% | licensed | Two-factor authentication (2FA) via SMS, email, or Google Authenticator |
User Experience
A simple and easy-to-use platform is important, whether you are new to trading or have experience. Exchanges with clear designs make buying, selling, and trading cryptocurrencies smooth.
Mobile apps add convenience, allowing you to manage your assets anytime. Platforms that provide tutorials and customer support are especially helpful for beginners who need guidance.
Payment Methods
Exchange | Fiat Deposit Methods | Fiat Withdrawal Methods | Supported Fiat Currencies |
UEEx | Bank transfer, Credit/debit card | Bank transfer | Limited (not specified) |
Binance | Bank transfer, Credit/debit card, Third-party payment providers | Bank transfer, Credit/debit card | EUR, USD, GBP, and others |
Coinbase | Bank transfer, Credit/debit card, PayPal, SEPA | Bank transfer, Credit/debit card, PayPal | EUR, USD, GBP, and others |
KuCoin | Bank transfer, Credit/debit card, Third-party payment | Bank transfer, Crypto withdrawals | EUR, USD, GBP, and others |
Spectrocoin | Bank transfer, Credit/debit card, SEPA | Bank transfer | EUR, USD, and others |
Kraken | Credit/debit card, Apple Pay or Google Pay wallet, PayPal, ACH Plaid. | SEPA, SWIFT, Wire transfer, and SIC | USD, EUR, CAD, AUD, GBP, CHF, and JPY. |
Being able to fund your account easily is important. Leading exchanges like UEEx, Binance, Coinbase, and Kraken support different payment methods, including local options like credit cards and bank transfers, giving users more choices.
Meanwhile, comparing exchange rates and transaction fees can help you find the most cost-effective option. To avoid unexpected costs, it is important to choose a platform with clear withdrawal fees.
Available Cryptocurrencies
Another important factor to consider is the number of cryptocurrencies available. Most platforms support major coins like Bitcoin, Ethereum, and Litecoin, but not all include stablecoins or newer altcoins. If you are looking for specific coins, check if the exchange supports them before signing up.
For example, UEEx offers access to over 300 digital assets. Binance and Coinbase also support many cryptocurrencies, including stablecoins and various altcoins, while Kraken provides a similar selection. Be sure to review the list of supported coins to choose the best platform for your needs.
Regulations and Compliance
In the Solomon Islands, it is important to choose an exchange that follows local and international regulations for your safety. Exchanges licensed by trusted authorities are more reliable, as they show transparency and protect users.
For example, UEEx follows local and global standards, while Binance, Coinbase, and Bybit also comply with regulations in their respective countries. This helps keep users safe and ensures the exchanges operate properly.
Read Also: Best Crypto Exchanges in Greece (2025)
Transaction Speed
Fast transaction processing is important, especially if you trade actively. The best exchanges make sure that deposits, trades, and withdrawals happen quickly, allowing you to take advantage of market opportunities in real time.
Fees and Costs
Exchange | Spot Trading | Futures Trading | Deposit Fee (EUR) |
UEEx | 0.09% | 0.05% | Zero |
Binance | Maker/taker fees vary (0.1% or lower); discounts for BNB holders | 0.02-0.04% | Varies by coin/token and payment method |
Coinbase | Maker/Taker Fees: Lowest: 0.04% / 0.0%, Highest: 0.50% / 0.50% | 0.05%-0. 0.80% | Zero |
Kraken | Maker fees: 0.25%–0.00%. | : 0.40%–0.10%. | Zero |
OKX | 0.08% | 0.08%- 0.10% | Zero |
Bybit | 0.1% Maker/Taker, | 0.0275% | Zero |
Lastly, think about the costs of using the platform. Deposit, trading, and withdrawal fees can be different for each exchange. Platforms with clear pricing make it easier to know your expenses and avoid surprise charges.
For example, UEEx allows free crypto deposits and withdrawals for internal transfers, making it a good choice for users who move funds often. Binance offers discounts when using BNB, while Coinbase does not charge fees for EUR deposits through SEPA bank transfers.
How To Trade With UEEx in the Solomon Islands
Trading on UEEx in the Solomon Islands is simple. Follow these steps to get started:
Open an Account
Visit the UEEx website and click Sign Up at the top of the homepage. You’ll need to:
- Enter your email address or phone number with the country code.
- Create a strong password that’s unique to your account.
- If you have an invitation code, use it to receive a commission.
After signing up, you’ll receive a verification code from your email or phone. Enter the code to confirm and activate your account.
Deposit Funds
Once your account is active, deposit funds to start trading:
- Go to the Asset Management section.
- Decide whether to deposit cryptocurrency or fiat currency.
- Under the Recharge section, select your preferred deposit method.
- Follow the on-screen instructions to complete the process.
Be aware that deposits take time to process, depending on the method used. Crypto deposits depend on block confirmations, while fiat deposits depend on bank processing times.
Buy Cryptocurrency
Now that your account is funded, you’re ready to trade:
- Click Trade next to your chosen asset.
- Choose an order type:
- Market Order: Buys or sells immediately at the current market price.
- Limit Order: Allows you to set a specific price for buying or selling.
- Enter the amount of cryptocurrency you want to buy or the amount of fiat currency you want to spend.
- Review your order, then click Buy or Sell to complete the transaction.
Transfer to a Wallet
For better security, consider storing your cryptocurrency in a private wallet you manage. This helps you:
- Reduces the risk of hacking compared to exchanges.
- Ensures you own and control your private keys.
- Protects assets from exchange failures or restrictions.
Read Also: History of Top Cryptocurrency Exchanges
Conclusion
Cryptocurrency trading in the Solomon Islands is expanding, with access to various exchanges. While regulations are still evolving, traders should prioritize security, platform reliability, and transaction fees when choosing an exchange. Always conduct thorough research before making investment decisions.
Frequently Asked Questions
There are no specific laws banning cryptocurrency in the Solomon Islands, but it remains unregulated. Traders should stay updated on any legal developments.
The best exchange depends on factors like security, fees, trading volume, and available cryptocurrencies. Popular options include UEEx, Binance, Kraken, and KuCoin.
Yes, most international exchanges allow users from the Solomon Islands, but it’s important to check for any country restrictions before signing up.
Currently, there are no major local exchanges, so traders typically use international platforms to buy, sell, and trade cryptocurrencies.
Look for security measures like two-factor authentication, competitive trading fees, a user-friendly interface, customer support, and a good selection of cryptocurrencies.
Withdrawals can usually be made via bank transfer, PayPal, or other payment methods offered by the exchange. Check the platform’s withdrawal policies and fees.