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Swap SOL 🔁 SPL Tokens

Learn how to swap Solana (SOL) to SPL tokens and vice versa. Whether you want to convert your SOL to another token like USD Coin (USDC) or convert SPL tokens back to SOL, this guide will walk you through the process using a simple and user-friendly approach.

TLDR
  • Gem Wallet executes swaps directly on the Solana Blockchain, leveraging robust encryption and smart contracts.
  • Transaction fees are paid in SOL tokens, which are necessary for processing and validating transactions. Make sure that you have enough SOL on your wallet.
  • Gem Wallet automatically routes transactions through the most cost-effective paths, optimizing trades to achieve the best rates and minimizing slippage.
important

Always check that you are using the latest version of the app for optimal performance and security.

Swap SOL to a SPL Token​

Step 1 - Enable SPL token​

note

For this guide, we will swap Solana (SOL) to Bonk Coin (BONK).

First, ensure that your wallet is funded with Solana (SOL). This is the base currency needed for the transaction. Tap on the "Add Token" toggle located on the upper right corner of the screen.

Tap on Swap

Search for the SPL token you want to swap to, in this case, Bonk Coin (BONK). Type "BONK" into the search bar. Once you find BONK, slide the toggle to the right to enable it in your wallet. This makes the token available for swapping and other transactions.

Add Token

After enabling the token, you are ready to proceed with the swap.

Step 2 - Enter Amount to be Swapped and Confirm Transaction​

Tap on the "Swap" button, then select BONK from the list of available tokens. Enter the amount of SOL that you want to swap for BONK. Be precise with the amount, and make sure you have enough SOL to cover the transaction fees as well.

Enter SOL Amount

Tap on the "Swap" button, and a confirmation screen will appear. Review the details carefully to ensure everything is correct. Once you are satisfied, tap "Confirm" to submit the transaction.

Confirm SOL Swap

The transaction will be sent to the Solana network for processing.

Step 3 - Wait for Confirmation​

After submitting the transaction, it will be broadcasted to the Solana network. Depending on the network congestion, it might take a few seconds to get confirmed.

Pending Swap Transaction

Once confirmed, you will see the BONK balance in your wallet. Congratulations! You have successfully swapped SOL to BONK.

Swap SOL to BONK Completed

Swap a SPL Token to SOL​

Step 1 - Select SPL Token to Swap​

note

For this guide, we will swap USD Coin (USDC) to Solana (SOL).

Tap on the "Swap" button in your wallet, then select the SPL token you want to swap to SOL.

Solana Wallet Screen

Set the "You Pay" field to USD Coin (USDC). This indicates that you will be using USDC to obtain SOL.

Select Token to Swap

Step 2 - Enter Amount to be Swapped and Submit Transaction​

Enter the amount of USD Coin (USDC) you want to swap for Solana (SOL). Ensure that the amount is correct and sufficient for your needs. Tap on the "Swap" button.

Input Amount to be Swapped

A confirmation screen will appear, summarizing the transaction details. Review the information carefully, then tap "Confirm" to submit the transaction. The transaction will be sent to the Solana network for processing.

Submit the Transaction

Step 3 - Wait for Confirmation​

The transaction will be processed by the Solana network. Depending on the network congestion, it might take a few seconds to get confirmed.

Swaping SPL Token

Once confirmed, you will see the SOL balance updated in your wallet.

Swap of SPL Token to SOL Completed

Why Swap Solana to SPL Tokens with Gem Wallet?​

  • Gem Wallet prioritizes user security by employing robust encryption and security protocols. This ensures that your assets and personal information are safeguarded against unauthorized access and potential breaches during swaps.
  • All swaps performed through Gem Wallet are executed on-chain, providing transparency and verifiability. Users can independently verify transactions on the blockchain, ensuring the integrity and trustworthiness of each swap.
  • As an open-source wallet, Gem Wallet allows anyone to review its codebase. This transparency builds trust within the community, as users can audit the code to ensure there are no hidden vulnerabilities or malicious code, promoting a secure swapping environment.

Swapping tokens is a straightforward process that can be done easily with the right steps and precautions. By following this guide, you can ensure a smooth and secure transaction experience.