Manual Buy & Sell (💻Desktop)
Follow these steps to buy and sell tokens manually on Pump.fun:
1. Set Up a Phantom Wallet
◉Go to the official Phantom website: https://phantom.app/.
◉Download and install the Phantom wallet extension for your browser (Chrome, Firefox, Edge, or Brave).
◉Open the extension and click "Create a New Wallet."
◉Save your 12-word Recovery Phrase.
◉Set a strong password for your wallet.
*You don’t have to use the Phantom wallet; you can use any wallet that’s convenient for you.
2. Fund Your Wallet
To buy tokens, you’ll need Solana (SOL) in your wallet.
◉Buy SOL on an exchange like Binance, Coinbase, or Kraken. VIDEO TUTORIAL
◉Transfer SOL to your Phantom wallet:
- Open Phantom and click "Receive."
- Copy your wallet address or use the QR code.
- Paste the address in the withdrawal section of the exchange to send SOL.
Example:
◉ Your wallet address in Phantom might look something like this:
Bvbu4a9HFcy22ZL2ajY7bTzFKJHW711hveCWQ7oVQ3zd
◉When transferring SOL from Binance, use this address to ensure the funds go to your Phantom wallet.
You can also use MoonPay to buy SOL with your bank card:
https://www.moonpay.com/buy/sol
3. Use Pump.fun
◉Go to Pump.fun. Connect Your Wallet:
Click “Log in” and choose Phantom or your other wallet. Approve the connection in your wallet.
4. How to buy tokens?
◉Wait until 19:00 UTC, when the token link will be published in the project’s official Telegram chat.
◉Follow the link to open the token page on the pump.fun website.
◉Enter the amount in SOL you want to use to buy the token.
◉Click “Buy” and approve the transaction in your wallet.
◉Once the transaction is confirmed, your tokens will appear in your Phantom wallet.
5. How to sell tokens?
◉After you buy the tokens at 19:00 UTC, you’ll be able to monitor the price chart on the pump.fun website. You can decide yourself when to sell the tokens and at what price. To sell, you need to click the “Sell” button. The difference between your buy and sell price will be your profit.
How to transfer SOL to a bank card?
Once you sell your tokens and receive SOL, you can exchange it for regular currency in two ways:
◉ via a crypto exchange (Binance, Coinbase, etc.), or
◉ through P2P services, which easily let you convert SOL back into any currency and transfer it to your bank account or preferred payment details.
Terms & Definitions
-
🔹SOL
Solana (SOL) is a type of cryptocurrency. It is used to pay for transaction fees and to purchase other tokens on the Solana blockchain.
Example: If you want to buy meme tokens, you need to have enough SOL in your Phantom wallet to cover both the token price and the transaction fee. -
🔹Phantom Wallet
A digital wallet for storing cryptocurrency, such as Solana (SOL). It is available as a browser extension or mobile app.
Example: You can install Phantom on your browser and use it to store your SOL and other Solana-based tokens. -
🔹Contract Address (CA)
A unique address that identifies a specific cryptocurrency token on the blockchain. It ensures that you are buying the correct token.
Example: Each token on the Solana blockchain has its own unique Contract Address. When purchasing tokens, you'll need the CA to ensure you're buying the right one. -
🔹Pump.fun
A platform where you can buy meme tokens.
Example: You will use Pump.fun to purchase the tokens by connecting your Phantom wallet.