How to sell Solana utility with Bitget Wallet

  1. Download and open the Bitget Wallet app, and ensure your account holds sol Solana utility tokens.
  2. Swap sol Solana utility tokens for USDT or USDC on Ethereum, Solana, BNB Chain, Base, or the TRON network.
    1. Select the token to sell: Open the [Trade] page, navigate to the [Cross-Chain Swap] section, select the token you wish to sell along with its network (e.g., Solana utility on the sol chain), and enter the amount.
    2. Select the token to buy: Choosing a token on the same chain (e.g., USDT or USDC on Ethereum, Solana, BNB Chain, Base, or Tron) constitutes a same-chain trade, whereas choosing a token on a different chain constitutes a cross-chain trade. Gas fees for cross-chain trades are typically higher than those for same-chain trades.
    3. Review trade details: The system will display the amount of the target token you can receive based on real-time prices. You can view the current slippage and price impact (factors that affect the final amount of tokens received) and check or modify the destination address (defaulting to your current wallet address).
    4. Set appropriate slippage: When the price of a token is very volatile or the pool has low liquidity, setting a low slippage tolerance may cause the transaction to fail. We recommend using Bitget Wallet's Smart slippage to ensure smooth transactions.
    5. Confirm Gas fees: Click [Confirm] to view the estimated Gas fee for the transaction. If your balance is insufficient, follow the on-screen instructions to deposit the necessary native network coin to cover the fee.
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What are common reasons for a failed transaction?

1. Gas fee is insufficient or set too low, so validators don't process it. 2. Insufficient wallet balance. 3. Network congestion, causing long processing delays.

What should I do when a transaction fails?

Insufficient gas: Top up native tokens, increase the gas fee, or use Bitget Wallet's GetGas service. Insufficient balance: Add funds and resend. Network congestion: Increase the gas fee for higher priority, or wait and try again. For more issues, contact customer support and provide the transaction hash (viewable on a block explorer).

FAQ

Frequently Asked Questions

A same-chain swap exchanges tokens within the same blockchain, while a cross-chain swap transfers value between different blockchains. Cross-chain swaps usually involve additional routing and therefore may require higher Gas fees.

Depending on available liquidity, you can swap Solana utility for USDT, USDC, ETH, BNB, SOL, or other supported cryptocurrencies.

Yes. Blockchain network fees are charged for processing transactions, even if the swap ultimately fails.

Yes. You can enter any amount of Solana utility to swap, provided your wallet still has enough native tokens to cover the required Gas fees.

Yes. As long as the wallet is supported by Bitget Wallet and contains Solana utility, you can import or connect it before initiating the swap.

Yes. Before confirming the transaction, you can edit the destination wallet address to receive the swapped tokens in another compatible wallet.

Yes. However, higher price volatility may require a higher slippage tolerance and could result in larger price differences between the quoted and executed prices.

Yes. However, you should keep enough of the network's native token in your wallet to pay Gas fees.

Price impact measures how much your trade affects the market price. Larger trades or tokens with lower liquidity typically experience higher price impact.

Selecting the wrong network can result in an unavailable swap or, in some cases, assets being sent to an incompatible address. Before confirming the transaction, carefully check that Solana utility is on the correct sol network and that the receiving network matches your intended destination.