Sollet wallet setup
Sollet.io is a non-custodial browser-based web wallet created by the Project Serum (DEX) team.
Note: Being a client-side browser wallet. The wallet keys are stored in your local storage which can be encrypted using a password.
When you create a new wallet, you’ll be provided with a 24-word mnemonic seed. It is very important that you backup this information safely. You’ll lose the coins and tokens from your wallet if you lose the seed word.
sollet new wallet
- 1.Go to https://www.sollet.io/and by default it will create a new wallet for you. Make sure to save the 24-word seed phrase in a safe place and click continue. You can save them on password managers like Keepass.
- 2.On step 2 encrypt your wallet seed using a password. Normally you can close the wallet and access sollet.io wallet back by just entering the password.
If you forget your password, you will need to restore your wallet using your seed words. Otherwise, if you clear browser cache then you cannot login using password. You need to restore your wallet again using seed words.
Once password has been chosen click create wallet and the wallet will generate a new SOL (Solana) address for you.
As you can see the wallet is clear and simple and it needs no explanation at all.
Drop down SOL account and copy the deposit address.
Note: This is your SOL receiving address. Only send SOL to this address and not any SPL tokens. Unlike ERC20 which you can send to your ETH address you’ll need to add each SPL token separately and each tokens will create a unique deposit address. Only use that specific address for that particular token.
Do not worry about the fees as they are negligible. Adding each token will only cost you 0.002039 SOL.
If you do not have enough SOL in your wallet then you’ll not be able to add any tokens. You’ll get the following error.
failed to send transaction: Transaction simulation failed: Attempt to debit an account but found no record of a prior credit.
Once you’ve deposited SOL here is how you can add SPL tokens.
- 1.Click the plus icon on your Sollet wallet to add tokens.
- 2.A popup screen will open which will contain three options: Popular Tokens, ERC20 Tokens and Manual input.
spl tokens solana wallet