HOW TO BUY $BNUT
To best way to buy $Bignut is by using the Jupiter Exchange. Jupiter is a decentralized exchange aggregator on Solana, providing access to the best rates by routing your trades through various liquidity sources. Follow this detailed step-by-step guide.
What you need
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SOL tokens in your wallet for both buying the meme coin and covering transaction (gas) fees.
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Jupiter Aggregator website https://jup.ag.
Steps to Buy Meme Coins on Solana via Jupiter
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Install a Solana-Compatible Wallet. If you don’t already have a wallet, you’ll need one that supports the Solana blockchain. Phantom Wallet is a popular choice. Install it as a browser extension or mobile app by visiting https://phantom.app. Create a new wallet and store your seed phrase securely!
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Deposit SOL Tokens in Your Wallet
You need SOL (Solana’s native token) in your wallet for trading and paying transaction fees. You can purchase SOL from centralized exchanges like Binance, Coinbase or Bitvavo. After buying SOL, transfer it to your Solana wallet address by copying your wallet’s public key (a long alphanumeric string).
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Visit the Jupiter Exchange Website
Go to Jupiter’s official website https://jup.ag. This is where you'll exchange your SOL or other tokens for meme coins.
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Connect Your Wallet to Jupiter
- On the top right corner of the Jupiter interface, click Connect Wallet.
- Choose the wallet you're using (e.g., Phantom, Solflare, Slope, etc.).
- Grant permission to Jupiter to interact with your wallet.
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Select the Tokens for the Swap
- Once your wallet is connected, you’ll be able to select the tokens to swap.
- In the From field, choose SOL.
- In the To field, search for the meme coin you want to buy. You can type the meme coin’s name but to make sure you're buying the correct token it is better to paste the coin's Contract Address (CA). As there could scam be imitations. $BIGNUT CA = https://dexscreener.com/solana/hjpx7lbhxazo1gdvedmd7cwewbhuvm2fuqzsvwvubyx9
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Check the Price and Route
- Jupiter will automatically show you the best price for the trade, by routing the swap through different decentralized exchanges (DEXs).
- Review the expected rate, slippage tolerance, and the estimated number of meme coins you’ll receive.
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Set Slippage Tolerance (Optional)
- If the meme coin has low liquidity or volatile price movements, you might want to adjust the slippage tolerance.
- Click the gear icon near the token amounts to adjust the slippage percentage. By default, it's usually set to 0.5%–1%, but you can increase this if your transaction isn’t going through.
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Initiate the Swap
- After reviewing all the details, click Swap to initiate the transaction.
- Your wallet will prompt you to approve the transaction. Confirm the swap, and you'll pay a small transaction fee in SOL.
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Wait for Transaction Confirmation
- After confirming, you’ll see a pop-up that indicates the transaction is being processed.
- Transactions on Solana usually process very quickly (within seconds).
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Verify Your Meme Coin Balance
- Once the transaction is complete, the meme coins should appear in your wallet.
- If you don’t see them in your wallet, you may need to manually add the token by pasting the meme coin’s contract address in your wallet interface.
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Transaction History (Optional)
- If you want to review your transaction history, you can visit Solana’s blockchain explorer https://solscan.io/ or https://explorer.solana.com/
- Simply paste your wallet address in the search bar to view recent transactions and verify your swap.
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Important Tips!!!
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Be cautious of slippage and price volatility when trading low liquidity meme coins.
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Double-check token contract addresses (ca) to avoid buying scam tokens.
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Use MEV protection to make sure you get the best price.
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Keep some SOL in reserve for transaction fees; don’t spend it all in your trade.
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Use a hardware wallet (e.g., Ledger) for enhanced security when holding meme coins long-term.
By following these steps, you’ll be able to buy meme coins on the Solana blockchain using Jupiter Exchange with ease!