Phantom Wallet is the most popular cryptocurrency wallet on Solana. So how to use Phantom Wallet, let's find out with Coin68 through this article!
What is Phantom Wallet? The most detailed instructions for using Phantom Wallet
What is Phantom Wallet?
Phantom Wallet is a cryptocurrency wallet originally designed and built for the Solana ecosystem, allowing users to interact with Solana compatible dApps such as: Magic Eden, Raydium, Marinade, marginfi,...
Phantom Wallet was founded in 2021 by Brandon Millman, Francesco Agosti and product designer Chris Kalani. This project achieved a valuation of over 1 billion USD when completing the Series B Capital call in January 2022.
Phantom Wallet is compatible with popular browsers such as Chrome, Brave, Firefox and Edge. In addition, this wallet application is also available on the Apple App Store and Google Play Store.
In November 2022, Phantom Wallet announced a partnership with Polygon to roll out support for Polygon and Ethereum.
Instructions for using Phantom Wallet
Download wallet
Go here , then select “ Add to Chrome ”
Wallet settings
Step 1 : Select “ Create a new wallet ”
Step 2 : Enter password -> Select “ Continue ”
Step 3 : Save 12 characters -> Select “ Continue ”
Step 4 : Select “ Get Started ” to complete
Recharge
Step 1 : Select " Account " as shown below
Step 2 : Get the wallet address you want to use then deposit money into the wallet. Phantom Wallet currently supports 3 different blockchain networks, including: Ethereum , Solana , Polygon .
Withdraw money
Step 1 : Select “ Send ”
Step 2 : Choose the type of Token you want to withdraw
Step 3 : Enter your wallet address and the amount you want to withdraw -> Select " Next "
Step 4 : Check the information page -> Select “ Send ”
Swap
Step 1 : Select the icon as shown below
Step 2 : Select the Token pair, enter the number of Token you want to trade -> Select " Review Order "
Step 3 : Select “ Swap ”
Check transaction history
Select the icon as shown below to check transaction history.
Staking SOL
Step 1 : Choose Solana Token
Step 2 : Select “ Start earning SOL ”
Step 3 : Choose the validator you want to Stake
Step 4 : Enter the amount of SOL you want to Stake -> Select “ Stake ”
summary
Phantom Wallet is the most widely used cryptocurrency wallet on Solana. Currently, Phantom Wallet has expanded its operations to Polygon and Ethereum. Through this article, Coin68 hopes you have grasped information about the project as well as how to use Phantom Wallet.
