Jupiter Solana DeX Tutorial (with Phantom Wallet)

Tutorial: How to Use Jupiter Solana DeX with Phantom Wallet

1. Connect Your Wallet

• Start by connecting your wallet to Jupiter Solana DeX.
• Use Phantom wallet or any other supported wallet.
• If you have Phantom wallet, click on "Wallet Connect" and scan the QR code to connect easily.
• Ensure you have some SOL (Solana blockchain) in your wallet for gas fees and transactions.
• You can also send additional SOL or other tokens to your wallet address for swapping purposes.

2. Swap Tokens

• Navigate to the swap feature on Jupiter Solana DeX.
• Choose the tokens you want to swap from and to.
• You can search for any token you want to receive. Ensure it is a trustworthy and accepted token.
• Set your slippage tolerance based on the market conditions and token liquidity.
• Check and adjust other settings like transaction version and direct routing as needed.
• Enter the amount you want to swap and review the quote provided.
• Confirm the swap and unlock your wallet to complete the transaction.
• Once the transaction is confirmed, you'll see the new tokens in your wallet.

3. Set Up Limit Orders

• Understand what a limit order is and how it works on Jupiter Solana DeX.
• Choose the price at which you want to trade your tokens.
• Ensure your limit price is advantageous compared to the current market price.
• Place your limit order and sign it with your wallet.
• Monitor your open orders to track the status of your trades.
• If needed, you can cancel or adjust your limit orders accordingly.

4. Dollar-Cost Averaging (DCA)

• Set up a regular purchase of an asset over a period of time using the DCA feature.
• Allocate the total amount you want to spend and split it into multiple orders.
• Enable the pricing strategy to set minimum and maximum price limits for your orders.
• Review the order details and platform fees before starting the DCA process.
• Ensure you have the necessary funds in your account before initiating the DCA.

By following these steps, you can effectively use Jupiter Solana DeX with Phantom Wallet to connect, swap tokens, set up limit orders, and utilize the DCA feature for your trading needs. Remember to refer to the video for more detailed instructions and bonus links provided in the description.