How To Buy MELANIA Coin With Credit Cards, Apple Pay, Bank, And More
On January 19, 2025, Melania Trump introduced her own cryptocurrency, the MELANIA meme coin, just hours before her husband, President-elect Donald Trump's inauguration. It was also reshared by Donald Trump on X.
The MELANIA coin experienced a rapid surge in value, reaching a market capitalization of approximately $1.9 billion shortly after its release.
However, the introduction of MELANIA had immediate repercussions on the TRUMP coin. Analysts observed that the launch of Melania's token led to a significant sell-off in TRUMP, causing its value to plummet by as much as 40%.
How To Buy MELANIA With Credit Cards, Apple Pay, Or Bank Transfer
Purchasing the MELANIA coin can be done in 4 simple steps. Below is a step-by-step guide to assist you in this process.
Note: The guide is only for educational purposes. Transak does not provide any financial advice. Meme coins are highly speculative and carry significant risk. Do your own research before investing.
Step 1: Set Up a Solana-Compatible Wallet
Before purchasing MELANIA, you need a wallet that supports the Solana blockchain. Phantom and Trust Wallet are popular options for Solana assets. Ledger is a popular choice among hardware wallets.
Let’s use Trust Wallet for the purposes of this guide.
- Download Trust Wallet: Visit the official Trust Wallet website at https://trustwallet.com/ and download the wallet extension compatible with your browser or device. Or download Trust Wallet on your smartphone.
- Create a new wallet: Follow the on-screen instructions to set up your wallet, ensuring you securely store your seed phrase, as it is crucial for account recovery.
What is a wallet address? Read here.
Step 2: Purchase Solana (SOL) via Transak
To acquire MELANIA coin, you'll first need to purchase SOL, the native token of the Solana blockchain, which will be used to exchange for MELANIA coin.
- Access Transak: Go to global.transak.com to begin the purchasing process.
- Select SOL: Choose Solana (SOL) as the cryptocurrency you wish to purchase.
- Enter Purchase Details: Specify the amount of SOL you want to buy and input your Trust Wallet address as the destination.
- Complete Payment: Follow the prompts to complete the payment using your preferred method.
Note: You can also buy SOL within the Trust Wallet app or extension via Transak.
Step 3: Confirm Receipt of SOL in Your Wallet
After completing the purchase, verify that the SOL tokens have been successfully transferred to your Trust Wallet.
- Open Trust Wallet: Access your Trust Wallet extension.
- Check balance: Ensure that your SOL balance reflects the recently purchased tokens.
Step 4: Swap SOL for MELANIA
To swap SOL for MELANIA coin, you'll need the official MELANIA coin contract address.
Contract address for MELANIA: FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P
With SOL in your wallet and the MELANIA coin contract address at hand, you can proceed to exchange SOL for MELANIA coin using the wallet’s “Swap” feature.
- Access the wallet: Open your Trust Wallet and tap on “Swap” on the bottom.
- Input swap details:
- From: Select SOL
- To: Paste the MELANIA coin contract address to select MELANIA
- Enter amount: Specify the amount of SOL you wish to swap for MELANIA.
- Review transaction: Carefully check the details, including the exchange rate and any fees.
- Adjust slippage tolerance: Due to potential price volatility, set an appropriate slippage (price difference between expected and executed trade) tolerance to ensure transaction success.
- Confirm swap: Execute the swap and approve the transaction through your Trust Wallet.