Solana meme coins are a trending asset class within the cryptocurrency space, offering a lighter, community-driven investment option. However, many newcomers don’t know how to find and buy Solana meme coins. But that’s where we at Cryptonary come in.
Today, we’ll guide you through the entire process of finding a Solana meme coin and investing in it. If you master this guide and stay up-to-date in your discord community, you can find meme coins early and make sure to maximise your profits up to 100x.
TL;DR
Choose an Exchange: Binance, Coinbase, Kraken, Gemini, Robinhood.
Add Funds: Deposit & convert to USDT.
Buy via:
Binance: Search coin, enter USDT, tap "Buy".
Phantom Wallet: Transfer USDT, swap for meme coins, and use Raydium if needed.
Trust Wallet: Transfer USDT, add coin contract, swap, and use Raydium if needed.
Quick Step-by-Step Flow Chart
For those looking for a quick overview, here’s a step-by-step flow chart that outlines the entire process at a glance. Refer to this chart if you want a visual guide to follow alongside the detailed steps below.
In the buying process, we'll show you how you can buy meme coins on the following exchanges,
Binance
Phantom Wallet
Trust Wallet
Let’s start this guide by finding Solana meme coins.
How to Find Solana Meme Coins
Before we start the procedure to buy Solana meme coins, you need to know how to find them. Several tools help you find meme coins available on Solana blockchains.
1. Cryptonary
This approach is straightforward and quick, ideal for those who want reliable insights without extensive research. The long and short of this method is that all you need is Cryptonary because;
We introduce a new coin almost every 2-3 times a year.
Each coin has the potential to maximise profits up to 100x.
No excessive research is required on your end.
Let’s go over how we can help you find meme coins early.
Step 1. Sign Up for Cryptonary
Signing up with Cryptonary. By signing up, you get a free 7-day trial.
Step 2. Join the Cryptonary Discord Community
Once you sign up and log in to your account, you need to join our Cryptonary community. The procedure is quite simple.
Click on the “Community” option in the sidebar.
After that, click on the “Join Pro Community” button.
Once you accept the invitation, you’ll be redirected to the welcome page of the Cryptonary Discord community.
Now, go to the “Memecoins” channel, where you can connect with like-minded individuals and get real-time updates on trending coins from our experts.
Step 3. Look Up Any New Coin Mentioned
You can find some of the most popular meme coins or those that are about to significantly boost the Discord community.
Case Study
Those already present in the Discord Community got early hints that these coins were about to see a significant boost.
One good example of this is SPX6900, which was mentioned in our community in September.
The SPX6900 was first mentioned in our community on September 11th, 2024 and in just a week its value increased.
On the day it was mentioned in the community, the price of SPX6900 at the time was $0.01040.
In just a little over a month, the price of SPX6900 was $0.9132 (nearly touching the $1 mark).
Those present in the Discord community at the time who invested in SPX saw significant gains.
2. CoinGecko
It’s one of the best platforms to look up Solana meme coins because the process is quite simple.
Search for “Solana Meme Coins” and click the “Solana meme” option.
By going through these steps, you can find all of the meme coins which are available on Solana blockchain.
3. CoinMarketCap
Now that you know how to find Solana meme coins using CoinGecko, you must also know how to use CMC (CoinMarketCap) for this purpose. Finding meme coins is a bit difficult on CMC, but it is possible. It does require a bit more effort on your part.
Open the coin page and check the “Contracts” section to find the meme coin on the Solana blockchain.
Buying Solana Meme Coins
Now that you’re familiar with the process of finding meme coins, let’s go over how you can buy Solana meme coins. For this guide, we’ll be using Dogwifhat (WIF). It’s available on the Solana blockchain and easy to buy.
Step 1: Select an Exchange
The main issue beginners face when buying Solana meme coins is finding the right exchange. Finding a reliable and trustworthy platform is the key. To buy SOL meme coins, you must register on a cryptocurrency exchange that supports Solana meme coin trading. Here are some popular exchanges:
Binance
Coinbase
Kraken
Gemini
Robinhood
Ensure the exchange supports meme coins in your region and review its fees and features. For this guide on how to buy Solana meme coins, we'll be using Binance.
Go to the app store and download the Binance app on your phone.
Step 2: Login to Your Account
Once the app is installed, the next step is to log in to your account.
We'll be using our Gmail account to log in quickly.
Note: To do any exchange or trading, you must have a verified account. To learn how to create and verify your Binance account, check out our guide on how to use Binance.
Step 3: Adding Funds to Your Account
Now that your account is ready, you need to have funds to buy Solana meme coins. There are usually several options to fund your account. You can choose from the following options if you don't have any crypto assets.
Buy with GBP: You can add funds using a bank transfer or credit/debit card.
P2P Trading: You can buy directly from another user on the platform.
However, if you have crypto assets in your account, you can go with the:
Deposit Crypto: You can exchange other cryptocurrencies for GBP.
Before proceeding, make sure you are aware of deposit fees and transfer times.
Note: Once you've deposited GBP into your account, you'll have to convert it into USDT. It's a fairly simple process.
However, we’ll be adding USDT directly to your wallet using a credit/debit card.
First, you need to open the Binance app and tap on the search bar.
Search for “Buy Crypto” and tap on it.
Make sure that the crypto you want to buy is set to USDT.
Enter the GBP you want to spend, select the payment method of credit/debit card, and tap on the “Buy USDT” button.
Step 4: Buying Meme Coins on Solana Blockchain
We're going to show you different ways to buy Solana meme coins.
Through Binance
Now that your Binance account is ready, we can proceed with learning how to buy SOL meme coins. The first step is to verify you have USDT in your wallet. For this process, we'll be using Dogwifhat (WIF).
Go to the "Wallet" section on the bottom corner of your phone.
Check whether or not you have enough USDT.
Note: If you don't have enough USDT, then you'll need to use your funds to buy some.
Now, go to the homepage and search for "WIF/USDT" in the search bar.
Note: This string of text will change according to the meme coin you plan on buying.
Tap on the "Buy" button for Dogwifhat.
Add a minimum of 2 USDT to buy Dogwifhat and tap the "Buy WIF" button.
Through Phantom Wallet
Now, if you want to buy Solana meme coins using a decentralised blockchain, you should choose a hot wallet to swap USDT for SOL meme coins. To do this, you need to first install and set up a wallet on Phantom Wallet.
Download the “Phantom Wallet” app to your mobile phone.
Once downloaded, open the app and agree to the terms of service. After that, tap on the “Create a new wallet” button.
Note: If you already have an account, then simply tap on the “I already have a wallet” option.
Toggle the “Face ID” switch to on and tap the “Next” button.
Copy the recovery phrase and tap on the “OK, I saved it somewhere” button.
A pop-up will appear on the screen. Tap on “Yes” to continue.
Now, your account is ready. Just tap on the “Get Started” button.
Now that you set up the wallet, you need to add USDT to your Phantom Wallet. Since Dogwifhat (a Solana meme coin) is a major coin, we can buy it through any blockchain. We’ll be using Solana because it has the lowest exchange rate.
Go to the Binance app and tap on the “Withdraw” icon.
Again, tap on the “Withdraw” option.
Choose the USDT option.
Tap on the “Send via Crypto Network” option.
Now open your Phantom Wallet and tap on the “SOL” option.
Now tap on the “Receive” icon.
Copy the address for SOL.
Paste the previously copied SOL address of your Phantom Wallet and select the network.
Now, select the amount of USDT you want to send and tap on the “Withdraw” button.
Tap on the “Confirm” button.
Complete the authentication process for both Email and the Authenticator App.
After the verification process is complete, the USDT will be transferred to your Phantom Wallet.
Now that you have USDT in your wallet, we can proceed with learning how to buy Solana meme coins. As mentioned before, we’ll be swapping out USDT for WIF.
Start by opening your Phantom Wallet again and tap on the USDT option on the Solana blockchain.
Now tap on the “Swap” icon.
Reverse the order if the USDT isn’t at the top.
Note: The coin you want to swap out must be at the top.
Tap on the bottom coin to "WIF" and the top coin to "USDT", both on the Solana blockchain.
Now, enter the amount of USDT coins you want to spend and tap on the “Review Order” button.
After making sure everything is alright, tap on the “Swap” button and the coins will be added to your wallet.
Note: Make sure that you have SOL as the Gas Fee for swapping tokens.
If your transaction is falling due to the lack of liquidity of the meme coin on Phantom Wallet, don't worry because you can easily swap your USDT for meme coin by following these steps.
Tap on the "Discover" icon in the bottom-right corner.
Now, tap on the "Raydium" option.
Agree to the terms of Raydium and tap on the "Enter Raydium" button.
Next, tap on the "Connect Wallet" button.
Choose the "Phantom" option.
Select the account and tap on the "Connect" button.
Set the top coin to the "USDT" coin and the bottom to the "Dogwifhat" coin.
Enter the amount of USDT you want to spend and tap on the "Swap" option.
Once you follow all of these steps and verify the transaction, this SOL meme coin will be added to your wallet.
Through Trust Wallet
Now that you know how to buy Solana meme coin through Phantom Wallet, you should know that you can also buy it from the Trust Wallet.
Start by going to your App Store and downloading the Trust Wallet app.
Tap on the “Get Started” button.
Tap on the “Create a new wallet” option.
Note: If you already have a wallet, then you’ll choose the “Add existing wallet” option.
Create a 6-digit password for your wallet.
Tap on the “Create” button for the “Secret phrase” option.
Tap on the “Back up manually” option to store it as a text on your phone.
Note: You can also store it on your iCloud if you’re using it on an iPhone.
Tap on all of the checkboxes and tap on the “Continue” button.
Copy the phrases to store them somewhere and tap on the “Continue” button.
Now, select a few phrases in the order they were generated and tap on the “Confirm” button.
Now that your wallet is created, the next step is to add funds in the form of USDT to your account.
The procedure is identical to the Phantom Wallet.
Start by opening your Trust Wallet and taping on the “USDT” option on the Solana blockchain.
Now tap on the “Receive” icon.
Copy the address for USDT.
After that, go to the Binance app and tap on the “Withdraw” icon.
Again, tap on the “Withdraw” option.
Choose the USDT option.
Tap on the “Send via Crypto Network” option.
Paste the previously copied address of the USDT for Trust Wallet and select the network through which you want to send.
Enter the amount of USDT you want to send and tap on the “Withdraw” button.
Tap on the “Confirm” button.
Complete the authentication process for both Email and the Authenticator App.
After the verification process is complete, the USDT will be transferred to your Trust Wallet.
The next and most crucial step in buying a Solana meme coin is to add the coin to the Trust Wallet.
You need to manually add the coin to buy it using Trust Wallet.
Start by heading to the CoinMarketCap app.
Look up the “Dogwifhat” coin.
Go to the bottom of the page and tap on the “Contracts” option.
Copy the contract address for the Solana blockchain for WIF.
Head back to the Trust Wallet app and tap on the “Manage crypto” icon in the top-right corner.
Now, tap on the “+” icon in the top-right corner.
Tap on the “Network” option.
Choose the “Solana” network.
Paste the contract address for the Ethereum Classic and tap on the “Import” button.
Now that the coin has been added to your Trust Wallet, the next step is to swap the USDT for this Solana meme coin.
Start by opening your Trust Wallet app and tapping on USDT on the Solana blockchain.
Tap on the “Swap” icon.
Now, tap on the bottom coin to change it to the WIF.
Note: Make sure that the meme coin you have selected is on the Solana blockchain. This can be identified by a small symbol of the Solana network with Dogwifhat.
Set the amount you want to spend for WIF and tap on the “Continue” button.
After that, review the order and tap on the “Confirm” button. Once you follow all of the steps, you’ll notice the meme coin will be added to your home page.
Just like with the Phantom Wallet, if your transaction is falling due to the lack of liquidity of the meme coin on Trust Wallet, don't worry because you can easily swap your USDT for meme coin by following these steps.
Tap on the "Discover" icon in the bottom-right corner.
Now, search for Raydium and tap on it.
Agree to the terms of Raydium and tap on the "Enter Raydium" button.
Next, tap on the "Connect Wallet" button.
Choose the "Trust" option.
Once the wallet is connected, set the top coin to the "USDT" coin and the bottom to the "WIF" coin.
Enter the amount of USDT you want to spend and tap on the "Swap" option.
Once you follow all of these steps and verify the transaction, the SOL meme coin will be added to your wallet.
Conclusion
If you manage to follow the entire procedure correctly, you’ll see that any kind of SOL meme coin will be available in your wallet. To further keep your Solana meme coins secure, use a hot wallet like Argent Wallet or Phantom Wallet. One thing that you should always keep in mind is to do your research before buying any kind of coin.
Even though meme coins like WIF are popular coins, you should stay up-to-date with the market to maximise your profit. That’s why if you need any kind of guidance, Cryptonary is here to help. No matter if it’s a guide on the safest ways to buy crypto or recent market updates, we’ll make sure to provide you with the most accurate information.
FAQs
Here are some FAQs related to buying Solana meme coins.
1. How can I find Solana meme coins early?
You can find Solana meme coins early through platforms like Cryptonary by joining their Discord community, using CoinGecko to search for “Solana Meme Coins,” or exploring CoinMarketCap under the "Memes" section to locate Solana-based tokens.
2. What are the best platforms to buy Solana meme coins?
Popular platforms include exchanges like Binance, where you can purchase meme coins directly, or wallets like Phantom and Trust Wallet, which allow you to swap USDT for Solana meme coins, often via Raydium, for improved liquidity.
3. Do I need a special wallet to buy Solana meme coins?
Yes, wallets like Phantom or Trust Wallet are ideal for buying Solana meme coins. They enable secure storage and easy swaps of USDT for Solana-based tokens, and they support decentralised exchanges like Raydium.
4. What should I do if my transaction fails due to liquidity issues?
If your transaction fails, use a decentralised exchange like Raydium via Phantom or Trust Wallet to swap your USDT for the desired meme coin, ensuring the network has sufficient liquidity.
5. How can Cryptonary help with Solana meme coin investments?
Cryptonary's Discord community provides curated insights on high-potential meme coins. It offers early access to trending coins and guidance on maximising profits without extensive research.
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