SOL Wallet

Create your SOL wallet & Deposit Funds

Serum is built on the Solana blockchain, so the first step is to create a SOL wallet. For this we recommend using Sollet.io.

Once you arrive on Sollet.io for the first time you have the possibility to create a new wallet. You will be given seed words, make sure to save them offline somewhere safe. This is the only way you can recover your wallet, don’t lose them!

creat-wallet

Once you have noted down your seeds, you will have the possibility to add a password to your Sollet.io wallet. Even though this is optional, it is highly recommended for your own security.

password

Once the password is set (or not) you have successfully created your SOL wallet. The next step will be to send funds to it. SOL or other SPL tokens can be bought on several exchanges like Binance or FTX.

balance

Now, let’s add some SOL to our wallet. For this you need to click on Receive. A pop up will appear with your SOL address. Use this address to send SOL from an exchange.

deposit-sol

Now that you have some SOL in your wallet you can create another SPL address in your wallet. For this click on the + icon in the top right corner. A pop up will appear, you will have the possibility to add a popular SPL token such as: SRM or MSRM. Or to use a manual input.

add-token-popular

Let’s add some SRM to our wallet. For this you need to click on Add, this will simply create a new address attached to your wallet. Now you can see that below your SOL address a SRM address appeared. You can use this address to send and receive funds to your Sollet.io wallet.

srm-balance

If you would like to add another token, you can add it manually by entering the Mint Address of the token.

add-token-manual.

Now we have deposited some tokens in our Sollet.io wallet. Time to do a trade on Serum!

The Token Address or Mint Address is the contract address of a token i.e the token identifier.

The Deposit Address is the address where you deposit a token to.