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5min

Set up wallet

Set up wallet

To interact with Solana applications, you will need a wallet that supports SPL tokens (Solana Program Library).





In this example, we’ll use Phantom but any Solana wallet works.

If you already have a Solana wallet address, please skip to the next section.

Get a wallet 

For this tutorial, we’ll use Phantom Wallet, which is a browser-based SPL wallet and is compatible with Chrome, Brave and Safari. 

Visit the Phantom website to sign up. When you land on the site, click the “Add to Chrome” button.

This will take you to the app store where you can download the Phantom browser extension: 





Once you have installed the Phantom wallet extension, you will be given the option to create a Phantom wallet: 



Next, you will be asked to either create a new wallet or use your secret recovery phrase to use your existing wallet if you have one already.

If you’re creating a new wallet, click “create new wallet” and you will be given a secret phrase. You will need to store this recovery phrase safely, as it’s the only way to recover your account/wallet. Once you’ve safely stored your recovery phrase, next, you will need to create a password:



Now that the Phantom Wallet is installed, we can click the Phantom icon within the browser to display the wallet.

You should record your Solana wallet address to enter the next section.

If you are reconnecting the existing wallet, click 'I already have a wallet' and insert your seed words to restore your wallet.

Buy some SOL

When using Solana on-chain applications, you will be required to use Solana tokens ($SOL) to fund transactions.

One of the advantages of Solana is that the transaction fees are very low. On average, you can expect to pay less than $0.0001 per transaction in SOL.

Connect Wallet with Dradex

The next step is for us to go to the Dradex and connect our wallet:



Click “Select Wallet”. You will see the various SPL wallets. Choose the one which you have to connect to the DEX.



For this tutorial, we’ve created a Phantom wallet, so we’ll click “Phantom”.

The top right corner should show your address if you’re connected.





Updated 03 Mar 2023
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Set up wallet