How to trade SB token on Raydium
The process of acquiring your first SB tokens by using Raydium is simple and only needs a few steps. Raydium allows you to swap and trade your crypto assets quickly and cheaply, so you can forget about insane network fees.
Without further ado, let’s jump into this procedure together!
1.The first step is the creation of your SPL wallet within the Solana network. There are a lot of out-of-the-box solutions and wallets that can be connected to your Raydium, but for the best Solana experience and user support, the users usually prefer to use either Phantom or Solflare. Pick up the one that suits you best below:
In this guide, we are using the Phantom wallet as an extension for the Chrome browser, though different browsers are supported besides it: Brave, Firefox & Edge.
You will be redirected to the Chrome Web Store page, just press the “Add to Chrome” button and confirm adding this extension to your browser as mentioned in the screenshot below.
Once your Phantom wallet is installed, do not forget to pin it to your tab for easier and quicker navigation in the future.
2. Press the pinned Phantom extension logo and you will be redirected to the wallet creation page. Press the “Create New Wallet” button.
Be sure to save your SEED phrase at the next step. This is the most important step that should not be skipped. In case your Recovery Phrase is not saved and stored in a safe place, there are always serious risks of your account being lost. Your own custody starts here, be responsible for it!
Once your strong password is filled in, hit the “I agree to the Terms of Service” box
Congratulations, your SPL wallet is all set!
3. You can credit your account in a few clicks, just press the “Deposit” button in your extension and search for the cryptocurrency needed. As the trading pair on Raydium is SB/USDT, we will need some TetherUS on our balance.
NB: Please note that SOL is needed for Solana network fees. A minimum balance of 0.05 SOL is recommended to avoid failed transactions and to prevent any unsuccessful interactions with the Solana network.
4. Visit the only legit SB/USDT pool on Raydium via the following link. Enter the amount of USDT you are going to spend or the amount of SB you are going to buy.
In the pop-up window press the “Connect” button in order to proceed with your swap.
Congratulations! You are now an owner of the hidden low-cap gem that has huge backing and is the key to the revolutionary approach of acquiring a fixed USD income with a self-custodied bond!
What next? Now that you have SB tokens you could try out your luck in our trading contest on Raydium itself with prizes upto $20,000 or became an LP for the double-dip pool on Orca to earn +500% APR!
With the forthcoming articles, we’ll expand upon more details on the working of the SuperBonds platform, covering more on fees, farming rewards and the SB token itself. In case you have any questions related to SuperBonds platform, its ecosystem, and SB token — you are warmly welcome to follow our social media channels to be abreast of all news and community with the core team:
We are eager to hear from you!
