How to Create a Margin Account
A step-by-step guide for first-timers accessing the app on mainnet 👋
- 1.Create Solana walletTo use Jet Protocol, you need a Solana wallet, you can find a list of compatible wallets here. Jet Protocol is non-custodial and permissionless borrowing and lending protocol on Solana blockchain. You will interact directly with your wallet. You may create as many Margin Accounts associated with your wallet for your needs.
- 2.Get some SOL and move SOL to your walletJet Protocol is built on Solana blockchain, there is a small transaction fee and Account rent fee, you can find more details here on transaction fees, and here on rent fee. Solana transaction fees are only a fraction of a cent per transaction, but a minimum balance of 0.1 SOL is recommended. Your options for obtaining some SOL are:
- 1.Purchase SOL on a centralized exchange of your choice.
- 2.Purchase SOL through a fiat on-ramp service, which are integrated into some wallets.
Fund wallet by moving SOL to wallet through depositing or sending SOL to your wallet address. - 3.Please make sure you are on the exact URL described above. Any variation of the URL is not affiliated with Jet Protocol and could be a phishing/spoofing attempt to steal your funds. Clicking the "connect wallet" or "connect" button will allow you to select the type of wallet you're using. As mentioned in previous sections it is recommended you setup your wallet before taking this step and funding it.
"Connect Wallet" buttons
Once the you selected your wallet of choice, and approved the wallet connection. The application will prompt the risk modal. Understand and accept risks before entering Jet Protocol Mainnet.
"Understand and Accept Risks" checkbox
"Enter Mainnet" button
- 4.Create Margin Account Now it’s time to create a margin account! Click the button to do so, and confirm the account creation in the modal that pops up. Then, approve the transactions in your wallet.
Create first margin account
Acknowledgment of creating a margin account
Optional: Create more Margin Account
If you find a need to keep track of different portfolio, do create a different Margin Account. Each Margin Account keeps its Risk Level. For more information regarding Risk Level, click here.
Creating new margin account
Acknowledgment of creating a margin account
Optional: Switching between Margin Accounts
Toggle between Account 1 and Account 2
Now that you have a margin account, continue to explore how to lend and borrow with the following guides.
Last modified 2mo ago