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How Tos

Aping Solana Memecoins with Ape by Jupiter

How to get to trading new SOL memecoins securely on Jupiter.
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Jul 15, 20241 min read

Ape is the latest product from Jupiter, the leading decentralized exchange aggregator on Solana. It’s designed to provide a safer and smoother way to ape into memecoins. Built around a secure vault that only your wallet can access, Ape lets you deposit SOL and start trading efficiently thanks to its token discovery and automated transaction features.

  • Strategy: Create a vault and deposit SOL
  • Goal: Trade new memecoins securely and with optimized transactions

How to get started with Ape

  • 🪙 Acquire SOL — Purchase SOL on a crypto exchange like Coinbase or Kraken, then transfer it to your Solana wallet, such as Phantom.
  • 👛 Connect your wallet — Visit ape.jup.ag and click the “Connect wallet” button to link your Solana wallet.
  • 🔑 Set a password — Create a secure password to protect your vault and save it for future access.
  • 📥 Deposit SOL — In the "Deposit" tab at the bottom of the main page, deposit the amount of SOL you wish to trade with.
  • 🔍 Discover tokens — Use the token discovery dashboard to find new memecoins or paste in your desired contract address. Check the safety profile powered by Rugcheck for due diligence.
  • 📊 Trade efficiently — Select the token you want to trade. Ape will automatically set your slippage and retry the transaction if your first one fails.
  • 💰 Monitor your trades — In the "Vault" tab, track your portfolio, check your transaction history, and adjust your trading settings as you wish. 
  • 🔃 Withdraw your funds — Withdraw your SOL or tokens at any time using the platform’s "Vault" tab!

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

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