Buying SOL on FTX US to trade on Project Serum
This is a small tutorial on how we can buy SOL in FTX US, send it to sollet.io, and then trade in Project Serum DEX.
Make sure to follow our guide on how to create a Solana Wallet at sollet.io
Go to FTX.US
Search for SOL in the search bar and select SOL/USDT/USD/BTC, depending on the currency we have to buy it, in our case we will go with SOL/USD.
Now we enter the amount of SOL we want to buy, and then we will click on “BUY”.
Now that we have our SOL, let us look for the Deposit SOL address of our sollet.io, to be able to deposit trade in the Project Serum DEX.
For that, we will go to sollet.io and access our portfolio.
Once here, we will click on SOL and then on “RECEIVE”.
And so, we will obtain our address to receive SOL.
Since we have the address to receive our SOL in sollet.io we will proceed to click on “WITHDRAW”.
Once here we will proceed to complete the fields and click on “WITHDRAW” once more.
Once we have our SOL in our portfolio, we will proceed to the Project Serum DEX and look for the SOL / USDT or USDC pair.
We proceed to sell the SOL for USDT or USDC, and then we will look for the FTT / USDC / USDT or SRM / USDC / USDT pair.
With our newly acquired USDC / USDT we can now purchase FTT, SRM or any other currency that is in the DEX.
And that is it, we are now able to freely trade on the Project Serum DEX.