lightRay

Decentralized Exchange
on the XRP Ledger

A comprehensive guide to set up your SOLO DEX wallet, add new assets and start trading crypto
on Sologenic DEX.

deskLadger-desktop

Active your solo
wallet

  • CreateNewWallet

    Create new wallet on SOLO DEX

    Follow the instruction by write down or copy the recovery phrase in the correct order. Understand that without it, you will not have access to your wallet

  • Fund Wallet

    Fund wallet

    Once you have created your wallet, you need to fund it with the XRPL minimum reserve (10 XRP) in order to activate it. You can transfer tokens from a private wallet or buy them with fiat through our 3rd party services (Banxa, Topper).

  • Active Wallet

    Activate wallet

    Once tokens are received, your wallet will be automatically activated. Simply select ‘SOLO’ on the asset page and press the "Activate" button.

createNewWallet
fundWallet
activateWallet

Activate your
SOLO
Wallet

  • Create new wallet on SOLO DEX
  • Fund wallet
  • Activate wallet

Follow the instruction by write down or copy the recovery phrase in the correct order. Understand that without it, you will not have access to your wallet

createNewWallet

Once you have created your wallet, you need to fund it with the XRPL minimum reserve (10 XRP) in order to activate it. You can transfer tokens from a private wallet or buy them with fiat through our 3rd party services (Banxa, Topper).

fundWallet

Once tokens are received, your wallet will be automatically activated. Simply select ‘SOLO’ on the asset page and press the "Activate" button.

activateWallet

Add another asset
(token) to your account

In order to add new assets, you need a minimum amount of 10 XRP in the reserve and 2 XRP for any additional asset.
  • Add Trustline

    Add Trustline

    On the Account overview page, under “Walelt” tab, click on the “Add Trustline” button

  • Select or manually add a token

    Select or manually add a token

    Choose assets from Sologenic or other known issuers. For custom ones, fill out the token information manually.

  • Confirm detail

    Confirm details

    Make sure all details match the custom token information and proceed to confirm.

trustLineone
selectTokentwo
map

Add another asset
(token)
to an a
account

In order to add new assets, you need a minimum amount of 10 XRP in the reserve and 2 XRP for any additional asset.

  • Add Trustline
  • Fill out information
  • Confirm details

On the Account overview page, under “Wallet” tab, click on the “Add Trustline” button

trustLineone

Choose assets from Sologenic or other known issuers. For custom ones, fill out the token information manually.

selectTokentwo

Make sure all details match the custom token information and proceed to confirm.

map

How to trade on
Sologenic DEX

A step-by-step beginner’s guide on how to start trading on
Sologenic DEX.

FAQ

How to sign a transaction using the SOLO DEX App?
When you make a transaction in the DEX and authorization from your Wallet is needed, you will receive a push notification to sign the transaction on the SOLO DEX App directly on your mobile device.
Can I reset my wallet password on the app if I lost/forgot it?
The SOLO DEX is a decentralized ecosystem, which means, no third party data is stored. If you happen to lose your
password, you will have to remove the wallet and add it again using the 12 keywords you were provided with when you created your account in the first place.
What is a TrustLine?
A TrustLine is a feature from the XRP Ledger that allows other currencies (different from XRP) to be issued and exchanged between
accounts. It also allows accounts to set up a limit on the currency they wish to hold.
How to establish a Trustline with Sologenic
Sologenic Ecosystem uses the XRP Ledger Blockchain to conduct tokenizations, thus allowing the tokenized assets to be
traded/exchanged on the XRP Ledger Built-in Decentralized Exchange. There are two types of Trustlines in the XRP Ledger,
a regular one-way Trustline, and an Authorized two-way Trustline. Sologenic, requires an Authorized Trustline to allow assets
to be withdrawn from the platform.

To withdraw your tokenized assets from Sologenic, you need to set up a Trustline from your personal wallet to Sologenic
(Issuer) and request Sologenic gateway to Authorize this Trustline once it is established.
Follow the instructions on the following link to set up a Trustline to Sologenic for a particular asset.
What permissions does the SOLO DEX ask from your OS (Android / iPhone) and why?
For a better user experience, the SOLO DEX app will request some permissions from your phone. Keep in mind, Sologenic,
under any circumstances, collects personal information.

Having said that, the SOLO DEX app for Android and iOS needs the following components for optimal functioning:
  • Phone storage (to store the encrypted database with your XRPL accounts, SOLO address book, etc).
  • Internet connection (to connect with the XRPL nodes).
  • Your camera (if you need to scan a QR code on the SOLO DEX Desktop to sign transactions using your wallet).
  • Push notifications (opt in)
    • How to find the transaction ID of a transaction?
    To find the transaction ID of any transaction, simply go to the transaction history located on the right side of the Wallet
    page if you are using Desktop, and under "My Trade History" inside the DEX window if you are using the SOLO DEX App.

    Click on any transaction, and a window will pop up redirecting you to bithomp.com. Here you will be able to see the transaction ID and other details such as the XRPL fee.
    Why if I have SOLO, I can't receive SOLO?
    The most common issue when facing this situation is that your Trustline has a set limit of zero or has not been activated.

    To check and modify the limit of your SOLO Trustline, go to the Assets section on your Wallet and click on the "Edit" button, and modify the amount freely.

    In case you have not activated your SOLO account it will show as "Not Activated" on the Assets window. At this point you
    need to make a Trustset transaction. The amount depends on the XRP Ledger fee at the moment. However, to make it
    easier for users of the SOLO DEX app, you can simply click on activate, and as long as you have more than 14 XRP your
    SOLO Wallet has been activated.
    What is (and how much is) the XRP ledger account reserve?
    The XRP ledger account reserve is the minimum quantity of XRP you must hold in your account for your Wallet to be active.
    At the moment it's 10 XRP.