Raydium is a decentralized exchange (DEX) that uses the automated market maker (AMM) mechanism.
It powers the evolution of DeFi on the Solana blockchain.
You can swap, trade, earn yield, and provide liquidity.
To use Raydium, you need to have a Solana wallet.
Raydium supports many Solana wallets such as Phantom, Solflare, Sollet, Torus, and more.
You can also use multi-chain wallets such as Ledger and MathWallet to access Raydium.
You need some SOL for the transaction fee.
In this guide, you will learn how to connect the Phantom wallet to Raydium.
To connect the Phantom wallet to Raydium, you need to visit the Raydium website.
Then, click on Connect Wallet and select Phantom.
Lastly, allow Raydium to Connect.
Steps to Connect Phantom Wallet to Raydium
1. Install Phantom Wallet
You can skip this step if you have already installed the Phantom wallet.
Phantom Wallet is one of the most well-known wallets available on the Solana ecosystem.
The Phantom wallet can be installed on Chrome, Firefox, Microsoft Edge, and Brave.
The Phantom wallet is only available as an extension. The mobile applications are in beta versions as of now.
To download the Phantom wallet, you need to go to the Phantom website.
Click on Add to Chrome/ Firefox/ Edge.
After the download, you need to follow the on-screen instructions to create a new wallet.
The account creation process includes storing the recovery phrase and creating a password.
If you want step-by-step instructions on creating a new phantom wallet account, you can refer to “How to Create a Phantom Wallet: A Step by Step Guide.”
2. Connect Phantom Wallet to Raydium
Once you have downloaded the Phantom wallet and created an account, you need to go to the Raydium website.
Click on Connect Wallet located on the top right corner of the website.
Then, there will be a prompt showing multiple options of cryptocurrency wallets.
Click on Phantom and enter your password.
3. Allow Raydium to Connect
Once you have entered the password, there will be a request from the Raydium website.
The request includes allowing Raydium to view wallet balance and activity and request approval for transactions.
Simply click Connect.
That’s it. You have connected your Phantom wallet to Raydium.
Conclusion
Now, you can swap, trade, earn yield, and provide liquidity on Raydium.
Just ensure to have enough SOL in your wallet before making any transactions.
Once you are done with transactions, ensure to disconnect your wallet.
To disconnect the wallet, click on the wallet icon (located on the top right of the Raydium webpage) visible along with your partial Phantom wallet address.
Then, click on Disconnect wallet.
FAQs
1. How to fix the “The requested method and/or account has not been authorized by the user.” error on Raydium?
If you encounter “The requested method and/or account has not been authorized by the user” error on Raydium, you need to disconnect your wallet and try reconnecting it.
If still the issue exists, you can use VPN and then disconnect your wallet and try reconnecting it.
2. How to fix the “Phantom wallet not connecting with Raydium” issue?
If you are facing any trouble like Phantom wallet not connecting with Raydium, you can go to your browser history and type “raydium”. After typing, select all the results and delete them. Now, you should establish a connection between Phantom wallet and Raydium.