The invention relates to a preparation method and an application method of an adsorbent for treating reactive dye wastewater. The preparation method of the adsorbent comprises the steps as follows: blast furnace water-quenched slag is taken as a raw material, the raw material is subjected to pretreatment including washing, drying, crushing, sieving and the like, then, the pretreated blast furnace water-quenched slag is added to a CTAB (cetyl trimethyl ammonium bromide) solution for oscillation, a mixed solution is filtered, a filtered material is washed and dried, and the absorbent is obtained. According to the method for removing reactive dye in wastewater by the aid of the adsorbent, the adsorbent is uniformly mixed with the reactive dye wastewater, oscillation reaction and solid-liquid separation are performed, the reactive dye is removed, and the adsorbent is separated. The preparation method and the application method have the advantages that raw materials of the adsorbent are abundant and low in cost; the preparation process of the adsorbent is convenient and feasible; the adsorption rate is high, the removal rate is high and the like. Therefore, the modified blast furnace water-quenched slag absorbent is an economical, environment-friendly and efficient adsorbent, and waste recycling and treatment of waste with waste are realized.