How to buy meme coins on Solana using DEX?
Not all tokens can be traded on crypto exchanges such as Binance. Many tokens can only be bought on-chain using decentralized wallets and decentralized exchanges. Below you will find step-by-step guide on how to do it ๐
๐ฃFirst, you need to download a decentralized wallet. The Phantom wallet is recommended. Choose your platform here and download ๐
๐ฃNext, after setting up your wallet following the instructions in the app, you need to fund your account with some SOL using the centralized crypto exchange.
๐ฃOnce you have some SOL in your account you can start buying meme coins. Go to the app of DEX aggregator Jupiter.
๐ฃIf you are on a desktop, just connect the wallet extension in your browser so you can trade.
๐ฃIf you are using the mobile Phantom app, find Jupiter exchange in the list of apps that can be opened by clicking on the icon in the bottom right corner of Phantom wallet โคต๏ธ
๐ฃChoose the token you want to buy with your SOL and exchange it in the user-friendly interface of the application.
๐ฃIf you wish to secure your profits, simply swap your tokens in exchange for SOL and send it back to your crypto exchange using the correct address found in the crypto deposit menu.
