How To Buy OFFICIAL TRUMP Coin With Credit Cards, Apple Pay, Bank, And More
The 45th President of the United States, Donald Trump, has once again seized the global spotlight, but this time, it’s not for politics.
Two days before taking office, Trump launched his official meme cryptocurrency, $TRUMP.
The numbers from the launch are staggering. With 200 million tokens released initially, the coin’s market capitalization soared to $17 billion in under eight hours. Over 200,000 holders joined the frenzy, and one particularly fortunate trader turned a $883 investment into a staggering $310,000 in just 21 minutes.
How To Buy TRUMP With Credit Cards, Apple Pay, Or Bank Transfer
Purchasing the TRUMP 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 TRUMP, 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 Phantom wallet for the purposes of this guide.
- Download Phantom wallet: Visit the official Phantom website at https://phantom.com and download the wallet extension compatible with your browser or device. Or download Phantom on your smart phone.
- 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 TRUMP coin, you'll first need to purchase SOL, the native token of the Solana blockchain, which will be used to exchange for TRUMP 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 Phantom 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 Phantom 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 Phantom wallet.
- Open Phantom wallet: Access your Phantom wallet extension.
- Check Balance: Ensure that your SOL balance reflects the recently purchased tokens.
Step 4: Swap SOL for TRUMP
To swap SOL for TRUMP coin, you'll need the official TRUMP coin contract address.
Contract address for TRUMP: 6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN
With SOL in your wallet and the TRUMP coin contract address at hand, you can proceed to exchange SOL for TRUMP coin using the wallet’s “Swap” feature.
- Access the wallet: Open your Phantom wallet and tap on “Swap” on the top.
- Input swap details:
- You Pay: Select SOL
- You Receive: Paste the TRUMP coin contract address to select TRUMP
- Enter amount: Specify the amount of SOL you wish to swap for TRUMP.
- 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 Phantom wallet.