# Depositing Funds

Once the password is set (or not), you have successfully created your SOL wallet. The next step is to send SOL to your deposit address. SOL can be bought on exchanges like [Binance](https://binance.com/), [FTX](https://ftx.com/), or [FTX US](https://ftx.us/).

![Balances window in sollet.io](https://593228139-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MX0KCPgI-ecLKfYa3jX%2F-MXQGwNdMx6rY7xAnCyu%2F-MXQP2TTZiwKW2VWkfwn%2Fsollet-balance.png?alt=media\&token=1136ea49-25b9-4924-a2f4-792e15df5415)

Let’s add some SOL to our wallet. You will need to first click "**RECEIVE**". A pop-up will appear with your SOL address. Use this address to send SOL from an exchange. 

{% hint style="warning" %}
Only send SOL to this address. Do not send other SPL tokens (e.g. SRM) to this address!
{% endhint %}

![Depositing SOL on sollet.io](https://593228139-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MX0KCPgI-ecLKfYa3jX%2F-MXQGwNdMx6rY7xAnCyu%2F-MXQPWPF9aW76UO6l_2P%2Fdeposit-sol.png?alt=media\&token=b7718d86-474b-4efb-becd-318e52ff81c3)

You can also fund your wallet with ETH and **convert** it to SOL. To do this, click on the **ETH** tab and connect to your **Metamask** wallet.

![Depositing SOL (ETH) on sollet.io](https://593228139-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MX0KCPgI-ecLKfYa3jX%2F-MXQGwNdMx6rY7xAnCyu%2F-MXQPi8nTVocKcU7fbGY%2Fdeposit-sol-eth.png?alt=media\&token=27edeb89-3c99-4c5f-9876-6085f3966079)

With SOL in your wallet, you can create another SPL address in your wallet. 

To add another address, click on the **+** icon in the top right corner. A pop-up will appear with an option to add a popular SPL token, including: **SRM**, **MSRM**, **FTT**, **BTC**, **ETH**, **LINK** **XRP**, **USDT**, **USDC**. 

Now that you have added an SPL address, you can deposit tokens through the following methods:

* You can deposit **ERC20** tokens and **convert** them to SPL tokens using the **convert** function of [**sollet.io**](https://sollet.io) and **Metamask** (to learn how to convert ERC20 to SPL, please refer to the dedicated section below).
* You can use [**FTX**](https://ftx.com/) to deposit tokens (ERC20, XRP, BTC, etc) and withdraw from [FTX](https://ftx.com/) to [sollet.io](https://sollet.io). [FTX](https://ftx.com/) will automatically wrap your crypto as an SPL token to be used on the Serum DEX. 
  * To convert wrapped SPL assets back into their native chain, you can deposit them into [FTX](https://ftx.com/) and withdraw the unwrapped assets.

![Add a popular SPL token on sollet.io](https://593228139-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MX0KCPgI-ecLKfYa3jX%2F-MXQGwNdMx6rY7xAnCyu%2F-MXQVRIZqpr7cGWAlwrC%2Fadd-token-popular.png?alt=media\&token=fc1b3442-7ba9-41a2-80f3-b80971bb6cba)

Following our example, you should see that an SRM address appeared below your SOL address. You can use this address to send and receive funds to your [Sollet.io](https://sollet.io/) wallet.

![Addresses of newly added SPL tokens on sollet.io](https://593228139-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MX0KCPgI-ecLKfYa3jX%2F-MXQGwNdMx6rY7xAnCyu%2F-MXQVzuCAITw32Zk3x4g%2Fsrm-balance.png?alt=media\&token=cd890c28-28b6-439f-a240-b23b994859bf)

If you would like to add another token that’s not on the Popular Token list, you can add it manually by entering the **Mint Address** of the token.

![Token mint address box on sollet.io](https://593228139-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MX0KCPgI-ecLKfYa3jX%2F-MXQGwNdMx6rY7xAnCyu%2F-MXQWMnYXiHA6YYZmDKe%2Fadd-token-manual.png?alt=media\&token=c379fed5-06c7-4f7e-a359-f9342c52e783)

{% hint style="warning" %}
The Token Address or Mint Address is the contract address of a token i.e. the token identifier. Do not send tokens to this address!
{% endhint %}

{% hint style="warning" %}
The Deposit Address is the address where you deposit tokens to.
{% endhint %}

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