How to buy Meme coin on Solana?

The Solana blockchain has become a popular platform for trading Meme coins due to its high throughput, low transaction fees, and active ecosystem. Whether you are a novice or an experienced investor, mastering the core processes and strategies of on-chain trading is essential. This article will systematically analyze the entire process of purchasing Solana-based Meme coins in 2025, from wallet setup and trading platform selection to risk management.

Preparation: Wallet Creation and Fund Deposit

Choose and create a Solana wallet

The first step for on-chain trading is to have a cryptocurrency wallet that supports the Solana ecosystem. Phantom wallet and Gate.io Web3 wallet are currently the most mainstream options, both of which support mobile and browser plugin operations, and have user-friendly interfaces.

• Steps to create a Phantom wallet:

  • After downloading the app, click on “Create New Wallet”;
  • Record and securely store the 12 mnemonic words;
  • Set a strong password and obtain the wallet address.

• Gate.io Web3 Wallet: Switch to the Web3 Wallet module through the Gate.io App and manually back up the mnemonic to complete the creation.

Recharge SOL Tokens for Wallet

To purchase Meme coins, you need to use SOL as gas fees and trading funds. You can obtain SOL through the following two methods:

• Centralized exchange withdrawal: After purchasing SOL on platforms like Gate.io, select the Solana network to withdraw to your wallet address.
• Cross-chain transfer: If the exchange suspends withdrawals, you can transfer USDC from Avalanche and other chains to the Solana chain, and then exchange it for SOL through Raydium.

Choose a Trading Platform

DEX is the core scenario for on-chain trading, suitable for investors who pursue immediacy and diversity:

• Raydium: The largest DEX in the Solana ecosystem, supports direct token contract address trading, with a 24-hour trading volume often exceeding $1 billion.
• Jupiter: An aggregator DEX that provides optimal trading paths and slippage optimization features, suitable for large transactions.
• Pump.fun: A platform for the rapid issuance of Meme coins, where users can purchase early projects with one click, but must be wary of the risk of “pump and dump”.

Operation process: Connect wallet → Enter token contract address → Set slippage (recommended 1%-5%) → Confirm purchase.

For beginners, CEX operations are simpler and safer. The Gate.io platform offers a dedicated “Innovation Zone” for Meme coins, supporting USDT trading pairs and integrating risk management tools. Users do not need to manage private keys, and the trading depth is sufficient, making it suitable for long-term holding.

Practical Purchase Steps and Tool Recommendations

Purchase through DEX (taking Raydium as an example)

1. Visit the Raydium official website and connect your wallet;
2. Enter the target token contract address in the search bar (must be verified through Birdeye or DexScreener);
3. Enter the purchase quantity and set the slippage tolerance (to prevent transaction failure);
4. Confirm the transaction and pay the Gas fee, and the tokens will be automatically deposited into the wallet.

Use on-chain tools to enhance efficiency

• GMGN: Integrates market analysis, token screening, and one-click trading features, allowing monitoring of smart wallet movements.
• Moonshot: A mobile-friendly platform that supports Apple Pay deposits and reduces fraud risk through security reviews.

In addition, users should first manage risks when participating in cryptocurrency asset investments:

• When identifying high-risk tokens, pay attention to the results of contract audits (such as using RugCheck to verify liquidity pool permissions), assess community activity (volume of social media discussions and endorsements by KOLs), and avoid projects with insufficient popularity;
• To avoid common pitfalls, one must be wary of the “pump and dump” phenomenon and use on-chain explorers (such as Solscan) to identify potential false large transactions;
• In terms of capital security strategy, it is recommended to deposit primary assets into mainstream trading platforms like Gate.io, leaving only a small amount of liquid funds, and ensuring that the holding of any single cryptocurrency does not exceed 5% of the total capital to diversify volatility risks;

To capture early opportunities, you can track the movements of “smart wallets” through platforms like Nansen or Arkham, or utilize automation tools (such as Telegram Bot for real-time monitoring of large buy orders and new contracts with alert notifications, and Jupiter’s priority fee feature to prevent MEV front-running) to enhance the timeliness and security of investment decisions.

Conclusion

Buying Solana on-chain meme coins is both an opportunity and a challenge. Investors need to balance returns and risks, and make full use of tools to reduce information asymmetry. In 2025, the Meme coin market will become more diversified with the maturity of Solana Layer 2 solutions such as Sonic and the rise of AI-powered platforms such as Virtuals Protocol. But remember: high volatility comes with high risk, and only rational analysis and strict risk control can move forward steadily in the crypto wave.

Author: Icing, Gate.io researcher *This article only represents the author’s views and does not constitute any trading advice. Investment carries risks, and users should make cautious decisions. *This content is original and copyrighted by Gate.io. If you need to reprint it, please indicate the author and source; otherwise, legal responsibility will be pursued.