BEGINNERS | guide to the Solana eco-system 💥🔥🔥💥

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Why is Solana my favorite ecosystem/chain?

They have everything on Solana, not only is it fast and easy to use, the fees are almost non--existent, there are great DEX's (Decentralised exchanges), easy to use apps for staking and buying or selling NFT's. Even a great blogging site where you can write or even just read to earn. The POH (Proof Of History) chain has robust security protocols. Solana has everything you could want. There is a saying in the community that is 'Only possible on Solana'.

To get started you will need to get a wallet and fund it with some SOL.

You will need a very small amount of SOL for gas and a minimum balance of 0.00089088 SOL which is around $0.10.

GETTING A WALLET

First things first though, if you want to explore Solana first you will need a wallet, This will be where you can store your crypto, swap different tokens and sign transactions.

My favorite is Phantom wallet but there are many to choose from including Solflare.

Make sure you use the official site and download the version you would like

Once you have downloaded the wallet you will need to :

1, Select new wallet

2, Create a password 

3, Re-enter the password and continue

4, Now you will be shown 12 words, these are your 'seed phrase words' or recovery phrase. You will need to store these safely, preferably not on your phone or laptop. If you lose these words you can lose access to your wallet and all funds on it. These words should NEVER be shared, even support will never ask for your seed phrase.

Now you will need to add some funds into your wallet, you can do this by either sending crypto from a Centralised exchange or using moonPay etc.

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