Easy Setup with Robinhood
Last updated
Last updated
If you don't have much experience with blockchains or Solana, but already have a Robhinhood account, then this guide is for you.
Robinhood allows you to purchase SOL or USDC, either of which can be used to set up your RebelFi account.
Once you log in for the first time, the first thing you'll want to do is set up your account. Since accounts live on-chain, you'll need an admin wallet to manage the account.
From the dashboard, click the "Setup Account" button or navigate to the "Mange Funds" page and choose to "Create a New Wallet."
From there you'll be given an overview of the setup process. Click the "Create My Wallet" button to create your admin wallet.
You'll be presented with a window with your new wallet. You can optionally add your phone number as a wallet recovery option.
To fund your admin wallet, you'll want to purchase USDC from within the Robinhood app. This can be done by going to the Crypto tab and choosing to "Buy crypto."
On the crypto selection screen, choose USDC:
Once you've purchased your USDC, you'll need to transfer it to your admin wallet. To do that, you'll want to go to your USDC screen in Robinhood and choose to send it. When presented with a QR code scanner, scan the QR code of your admin wallet address:
Once your admin wallet address has been entered, make sure to select the Solana network:
After you've transferred USDC to your admin wallet, click the "I've Transferred Funds" button to continue. We'll also send you an email to notify you once we've detected a transfer into your admin wallet, so you can always leave the setup and come back. This is to handle cases where transfers may take a long time.
Once your admin wallet has been funded, you're ready for the final step, which will set up your account.
Click the confirm button to submit a transaction to the Solana network to set up your account with your initial deposit.
And that's it! You're done!
Your "Manage Funds" screen should then change to show your balance along with available actions.
