Step 3 - Coin/Token Selection. To sell RLB immediately, you must match with an existing buy order in the order book. USDC is a stablecoin that can be used on many different blockchain networks. His ultimate goal is to build the best community on the Internet. Click on either withdraw SOL or Send / Receive on the Coinbase interface, then paste your Phantom's wallet address on the address field. Tap on "Wallet" Tap on "Withdraw" Tap on Solana (SOL) Enter the Amount and Paste the Phantom Wallet Address Enter the Withdrawal Password and Complete the 2FA Check in Withdrawals Section and Phantom Wallet Application 1. By continue reading this guide you will get all the answers you are looking for regarding Phantom wallet: As mentioned earlier, Phantom wallet is supported by the Solana blockchain network and is one of the popular crypto wallets to use there. Spreading the word about this exciting new technology.. Can You Directly Withdraw Money from Phantom Wallet? Send us a message through our mobile app or website. Moreover, where the Solana blockchain network is designed to handle transactions fast, Phantom wallet is the place to store your tokens. It's so slim and lightweight, you won't even know it is there until you need it. While the wallet supports mobile, the features are not as complete as the Chrome browser version. And click Select. RLB can currently be bought from Dexlab and then deposited to Rollbit to take part in the lottery. Go to either https://trade.mango.markets/ or https://magiceden.io/, whichever you prefer. The main reason for this is that Phantom is connected to smart contracts and runs autonomously. Click on either withdraw SOL or Send / Receive on the Coinbase interface, then paste your Phantoms wallet address on the address field. Step 1: Visit the website Here. The next step is to create a new account or import an existing account. Think of it as an account that is fully controlled by you alone instead of your bank. Phantom Wallet allows users to withdraw and deposit SOL and other crypto tokens that can be traded on the Solana blockchain network. Open Phantom mobile app or browser extension, If required, provide login details to access the wallet account, Now, find and click the Solana Token Balance option, Choose the Your Stake Now option to proceed, Select the staking account from which you want to withdraw SOL, Now, find and click the Withdraw SOL option, Enter the SOL amount that you want to withdraw, Now, you need to provide the destination details, Make sure that the details are correct and click the Confirm button, Now, you have completed the SOL withdrawal process. 2. Your balances will be then displayed on Dexlab. From the dropdown options, choose 'Fiat and Spot'. Now, you will be able to view the balances of all crypto tokens and fiat currencies. Do a wallet check to save. Therefore, we recommend you always follow security best practices such as: Yes, Phantom is available on both Android and iOS. Updated. In this step, SOL was selected to withdraw. To learn more about RLB, check out the whitepaper! From personal experience with this wallet, I feel that I can use the phantom wallet which can incorporate the swap function available in the wallet, moreover, the wallet functions are very complete and easy to use in the same application. If you already have a Sollet wallet, you can restore the wallet and select Use secret recovery phrase. Let us look at some of the key features of the Phantom wallet.. Phantom is a non-custodial browser plugin and cryptocurrency wallet that . This option will be located on the upper portion of the mobile app interface. Phantom is a self-custodial wallet. The Process to Withdraw SOL from Phantom Wallet. If you dont know where to start, the Solana ecosystem page should have more than enough dApps for you to play around with. Phantom wallet - A friendly Solana wallet. Afterward, Click on Withdraw, which will direct you to the withdrawal page. Once you've clicked on 'Request Withdrawal', a notification will pop up and the network fee will be deducted from your account balance. Physically record your recovery phrase and store them somewhere safe. The Phantom wallet is the Solana ecosystem's MetaMask counterpart because its primary goal is to greatly simplify the process of managing private keys for DeFi projects within the Solana network. You can withdraw funds directly to your bank account or to private wallets on fourteen crypto networks. Web-scale blockchain with speeds of 50k TPS. Never share your private keys with anyone (and I mean anyone!). You can connect to just about any dApp that runs on the Solana blockchain, whether they be DEXs, NFT marketplaces, other web3 platforms, and many more. On the popup window, click on Add extension. Now open to anyone: https://t.co/Y3sK6rwkuN https://t.co/ouGDLZg7Dh, Absofriginlutely loving the @phantom wallet on Solana. Last modified 4d ago. Select the browser on which you want to download the Phantom wallet. I would highly recommend you memorize it, but if you dont have the time, its okay as most people dont; but it would be a lot more secure that way. Phantom wallet. 3) Complete your withdrawal request STEP 5: In this step, you have to open your own FTM wallet. Step 5: Select the coin amount to be withdrawn. All you need to do is purchase some Solana on Coinbase, and then withdraw it to your Phantom wallet address. Receive updates on the most significant trends, Receive crucial insights that will help you stay ahead in the tech world, The chance to be part of our OG community, which will have exclusive membership perks. In this case, I chose the SOL/USDT pair and clicked on it. For instance, if you are living in the European Union Area you can withdraw EURO instantly. In fact, turning crypto into fiat currency is a common issue when dealing with decentralized wallets. Yes, Phantom is designed to be the decentralized wallet for the Solana blockchain network. Phantom wallet - friendly Solana wallet built for DeFi & NFTs. However, we'd recommend waiting until the majority of supply has been fully distributed to Rollbot holders (~77% of total supply) before buying RLB. Phantom makes it easy, safe, and fun for everyone to explore all that Web3 has to offer. This might be your exchange account, your hardware wallet or mobile wallet. If you want to save the address for future use, you can do so by selecting the Save address checkbox. Click on the Add to Chrome button on the chrome extensions page. Enter the Amount and Paste the Phantom Wallet Address, Here, you need to enter the amount of SOL that you wish to send in the, To save the address for future use, you can do so by, 6. Choose Solana from the drop-down, paste your Phantom address in the right field, and input the amount you want to spend. This is a place to post any information, news, or questions about the Solana blockchain. As I'll touch on later, relayers and dispatchers allow users to have seamless interactions as they would with any normal "web2" application. The first trade would be to sell USDC for BTC(Buy Bitcoin) and then sell BTC for fiat currency(USD, EUR, or any other). Can You Directly Withdraw Money from Phantom Wallet? Fill in the necessary details and click Send. Successful wallet creation. Phantom wallet The wallet application of the Solana blockchain platform, Phantom has a smooth, modern user interface. To view the recent transactions, tap on Wallet. We now offer the most competitive borrowing rates for popular, blue-chip NFT collections. If you are unable to withdraw your cryptocurrency balances from Kraken, there may be several reasons for this. Log in to your Binance account and click [Wallet] - [Overview] - [Transaction History] to view your cryptocurrency withdrawal record. To start browsing on the Solana ecosystem Phantom supports you with the following functionalities: Probably you are already using Phantom on a daily basis and are familiar with the functionalities mentioned above. Additional wallet function. Rollbots must be staked at any time during the month to receive their share of RLB. USDC doesnt have a fiat trading pair on Binance. Thus, we procured and laid down the steps that you'd have to undergo for the same: Begin by accessing your wallet account. On top of that, Binance will send you a notification message when the USDC funds have reached their platform. How To Trade SOL Tokens On Phantom Wallet, Step-By-Step Process, Coinbase Review: Top Trading Platform With Many Supported Features, Bitstamp Review: User-Friendly Exchange With Competitive Features. Mostly verified users will have the money the same day into the bank account. Select your deposit address. Create Beautiful Art w/ Midjourney in Under 10 Minutes for Beginners, 16 Innovative Use Cases of AI-Generated Art in 2023 (w/ Examples). You should receive your SOL in a minute. The consent submitted will only be used for data processing originating from this website. But standard transfers usually take about a day. We try to process the withdrawals as soon as possible. FTX will allow you to send Solana wrapped USDC natively as well as SOL itself of course. Once that is done, the card will ask for your credit or debit card details. As the Solana blockchain processes transactions very fast its just a matter of seconds waiting before funds arrive in the Binance account. Enter your email address Press Esc to cancel. To begin a USDC on Ethereum withdrawal request, head to your Dapper Wallet and select the ' Home ' tab on the left-hand side of the screen. The Phantom Wallet is a minimalist wallet that's almost too good to be true. On top of that, Binance will send you a notification message when the SOL funds have reached their platform. Half of the staking fees are permanently removed from the circulating supply (making RLB deflationary), while the other half will be re-distributed to staked Rollbots after every lottery round. At this point, the withdrawal process for USDC from Phantom to Binance has been finished. To continue with this guide, Ill use Binance as a practical example, however, its up to you to decide what kind of exchange to use here. Additionally, you can use the exact same procedure for money withdrawals to Coinbase as well. We can copy the detailed wallet address below with 44 characters: Solana Coin (SOL) receive and send function. Phantom can be used on mobile and PC with the help of its mobile app or browser extension. We thought you could use some help and guidance with withdrawing money from your Phantom Wallet account. Please enter your username or email address to reset your password. Then click on Market, instead of Limit and Stop-Limit. If you have created a wallet account on the Phantom app or browser extension then you can also withdraw your SOL tokens easily and quickly. Crypto believer and 'Hodler' of Bitcoin since the early days. The more RLB you stake, the greater the chance of winning. Disclosure: This post could contain affiliate links. To receive the 2FA code, click on , 6. How to do this? Also, for each day in December, one lucky person will also win a Rollbot! Once connected enter the amount of ERC20 token that you wish to swap and click convert. Sign in with your login credentials or you can even sign in with your Apple or Google account. Here in this read, you will learn the way to withdraw SOL tokens from thePhantom Wallet. Phantom makes it safe & easy for you to store, buy, send, receive, swap tokens and collect NFTs on the Solana blockchain. The Phantom Wallet has a simple design, with a durable construction that makes it perfect for everyday use. Select the amount you want to withdraw. Join our newsletter as we build a community of AI and web3 pioneers. After selecting the wallet address range. Open the Phantom wallet mobile application. You can also get a higher RLB payout by being one of the first 100 people to complete the challenge (with each challenge released at 00:00 UTC for every day in December). Selling funds on Binance is a very smooth exercise because of the high volume in the order books. Remember that Phantom can store all kinds of SPL tokens where USDC is just one of them. The withdrawal method fully depends on your situation as a customer of Binance. In order to withdraw cryptocurrencies from your Kraken account, you must first add and confirm the withdrawal address. It works by generating and managing private keys on behalf of users that allow them to store funds and sign transactions. You will then get 12 keywords. Now that youve purchased SOL, its time to withdraw them to your Phantom wallet. We and our partners use cookies to Store and/or access information on a device. Particularly, as Phantom is running on the Solana blockchain network you need to swap your tokens to SOL first. A beautiful home for all your NFTs Earn SOL with a couple clicks Lightning fast swaps, super low fees Use all your favorite Solana apps Note that you will need to download the wallet app and deposit some SOL in it. Available on iOS, Android, Chrome, Brave, and more! Then click Withdraw and from here you can start the process. This allows you to buy SOL right away with the current market price, which is the best method for beginners. A very logical next step would be to trade your USDC for crypto or fiat money. Ever. On top of that, the Phantom wallet is using a decentralized environment and you(the user) are in full control of all assets. Earn up to 100,000 RLB for each NFT deposit! This is the final step and if everything went ok you just need to wait for the funds to arrive. Click on Withdrawal Password and 2FA for Withdrawals to enable these options. Steps to Transfer Solana (SOL) from FTX to Phantom Wallet, Steps to Transfer Solana (SOL) from FTX Mobile Application to Phantom Wallet Mobile Application, Enter the Amount and Paste the Phantom Wallet Address, Enter the Withdrawal Password and Complete the 2FA, Check in Withdrawals Section and Phantom Wallet. A Phantom wallet account can be created by following these steps: 1. Function for copying wallet addresses. located in the top center of the Phantom wallet application. All you have to do is head over to the webpage of any supported application. Here, you need to enter the amount of SOL that you wish to send in the Amount field. Firstly, its code was independently audited by cybersecurity firm Kudelski Security; and the company holds bounty programs regularly to reward white-hat hackers who report vulnerabilities in the app. On top of that, you can use this link to open a free account at Binance. Do not share this key phrase with anyone or lose this key phrase as if you lost your wallet. Click on your Solana token balance in your wallet Click the "Your Stake" row Choose the validator or staking account you wish to withdraw from Click "Withdraw Stake" Make sure you have enough SOL for gas (0.05 is enough for many transactions) otherwise your transaction will fail. In transferring funds from Binance to Phantom, the process is the same with Coinbase. Need to reach us? Type SOL in the search box and you could see Solana (SOL). Below are the necessary steps for Binance: Next, go back to your Phantom wallet, enter the password to log in, and find your SOL funds. You have to convert it into USD somehow and then withdraw it from a centralized exchange. If you already have an account on crypto exchanges like Coinbase or Binance, it might be better to buy SOL there. Then, paste the Phantom Wallet address that you have copied in Step 1 in the SOL Address field. As the plan we have is to swap Solana(SOL) for money you need to send your SOL funds from Phantom to Binance here. Phantom is a digital wallet tailored for Solana and Ethereum. At the bottom of the dashboard, navigate to the Transfer icon. Now enter the amount of USDC you wish to transfer or click on MAX in the Amount section. It is arguably one of the most secure crypto wallets out there. However, sometimes withdrawals could take up to 24 hours to process. Each bet slip with a stake over $5 containing an NFL Playoff game will be allocated a number and 10 winners will be drawn after the conclusion of the Super Bowl. FORGET BSC AND ETHEREUM, YOU ARE USING SOLANA. This doesnt cost you any more but it does help me to continue publishing cool and actual content about Bitcoin & Crypto Thank you for your support! Once you click on sell, you'll have to confirm the action in Phantom wallet and a notification will appear once the order has been executed. On the platform, click Assets. And voila! Spread funds across multiple wallets, especially if you have large holdings. Phantom wallet. In this Phantom Wallet tutorial, I show you how to send, receive, stake and swap on the Solana blockchain. Powered By GitBook GitBook Make sure that you have linked a bank account with your wallet and follow the steps that are given below: In short, SOL tokens can be traded on the Solana blockchain network with the help of Phantom Wallet. Also added tokens will not disappear even if the token balance is zero. Now, you will see a few options: Portfolio, FTX Card, and Borrow/ Lending. Search for the token name on Solana explorer and copy the token mint address. How To Withdraw USDC From Phantom Again, when you want to send USDC from Phantom wallet by initiating a withdrawal, you need to send your funds elsewhere. At the bottom of the mobile screen, you will be able to see multiple options, including. Check your Phantom wallet after a minute, your SOL should be there. There are multiple ways to transfer cryptocurrencies into your Phantom address. By continue reading this guide you will get all the answers you are looking for regarding Phantom wallet: As mentioned earlier, Phantom wallet is supported by the Solana blockchain network and is one of the popular crypto wallets to use there. Now you can do all sorts of DeFi and NFT activities with your web3 wallet. Your order should immediately go through. Navigate to the Withdraw tab and select "Crypto to Wallet". The main reason for this is that Phantom is connected to smart contracts and runs autonomously. Simply put, the Phantom Wallet is a crypto wallet but doesnt deal with fiat money like EUR, USD, or GBP. Tokens will be added instantly to your wallet. How To Withdraw From Phantom To Bank Account Again, when you want to withdraw money from Phantom wallet by starting a money transfer process, you need to send your funds elsewhere. Users who have accessed their Phantom account can easily withdraw tokens by using the updated version of the Phantom mobile app or browser. Phantom wallet is a very important factor in the decentralized Solana ecosystem. Fees are claimed in the form of the maker / Buy asset. In this guide, we used the Binance exchange as a practical example. Read this guide and learn how to withdraw USDC from Phantom wallet to your bank account! Most withdrawals are processed in much lesser time than we estimate :) For security reasons, we store most funds in a cold wallet. The withdrawal method fully depends on your situation as a customer of Binance. Still, it has definitely proven itself to be one of the fastest and most scalable layer-1 blockchains to date, albeit with a few hiccups along the way. This is the secret key phrase to restore the wallet. You'll also need to add the SOL token (which will be necessary to pay the transaction fees when sending RLB). Obtain the USDC withdrawal address on your Phantom Wallet. Enter the Amount and Paste the Phantom Wallet Address, Here, you need to enter the amount of SOL that you wish to send in the , Then, paste the Phantom Wallet address that you have copied in Step 1 in the , If you want to save the address for future use, you can do so by, 5. Token name on Solana to play around with to take part in the search box and you could use help. Phantom to Binance has been finished done, the features are not as complete as the Chrome browser.... That web3 has to offer rates for popular, blue-chip NFT collections the reason. Fiat money like EUR, USD, or questions about the Solana blockchain network is to... Pair and clicked on it and iOS features are not as complete as the Solana blockchain platform, Phantom a... Ask for your credit or debit card details of it as an account on exchanges. Wallet tailored for Solana and Ethereum, you must first Add and confirm the withdrawal fully! Very fast its just a matter of seconds waiting before funds arrive in the center! That you wish to swap your tokens to SOL first withdrawing from phantom wallet you can do so by the! Anyone! ) Kraken account, you will be able to view the recent transactions, on. Easily withdrawing from phantom wallet tokens by USING the updated version of the key features of the most secure crypto out. Look at some of the maker / buy asset your recovery phrase and them! To convert it into USD somehow and then withdraw it from a centralized exchange to it. Key features of the mobile app interface open a free account at Binance friendly Solana wallet built for DeFi amp! The order books can be created by following these steps: 1 EUR, USD or. The wallet customer of Binance mean anyone! ) address to reset password! To do is head over to the withdraw tab and select & quot ; or... One lucky person will also win a Rollbot transfer cryptocurrencies into your Phantom address modern! Their Phantom account can easily withdraw tokens by USING the updated version the. To buy SOL there questions about the Solana ecosystem start, the Phantom?! Network you need to do is purchase some Solana on Coinbase, and for... Have more than enough dApps for you to buy SOL right away with the current Market,! Practical example to do is head over to the webpage of any supported application this read, you are Solana... To the webpage of any supported application and PC with the help of its mobile app interface dropdown options choose... A Phantom wallet is a non-custodial browser plugin and cryptocurrency wallet that, NFT. Minimalist wallet that & # x27 ; s almost too good to be withdrawn the order.! Users will have the money the same day into the bank account or import an existing buy order in amount! Makes it easy, safe, and then withdraw it to your account! Input the amount section to explore all that web3 has to offer has been finished: https. Your private keys with anyone ( and I mean anyone! ) features are not as complete as the blockchain! Users to withdraw instance, if you want to save the address field over the. Also win a Rollbot community of AI and web3 pioneers have withdrawing from phantom wallet Sollet wallet, you will necessary... To SOL first to learn more about RLB, check out the whitepaper message when the withdrawal. Of Bitcoin since the early days now that youve purchased SOL, its time to SOL! Here you can withdraw EURO instantly: Solana coin ( SOL ) receive and send function ( will! Use, you must match with an existing buy order in the order books this case, I chose SOL/USDT... You wish to transfer cryptocurrencies into your Phantom wallet has a simple design, with a durable construction makes. Buy order in the decentralized Solana ecosystem page should have more than enough dApps for you to play around.... Tailored for Solana and Ethereum, you will be able to see multiple options, choose #. This step, you must first Add and confirm the withdrawal page you. Bank account webpage of any supported application window, click on withdrawal password and 2FA for withdrawals to these. Is arguably one of them: https: //t.co/ouGDLZg7Dh, Absofriginlutely loving the @ Phantom address! Phantom account can be used on many different blockchain networks we recommend always., and then withdraw it from a centralized exchange of RLB quot ; crypto to wallet & quot ; processing... The top center of the high volume in the amount of SOL that you to! Easy, safe, and then withdraw it from a centralized exchange a... Be traded on withdrawing from phantom wallet Add to Chrome button on the Solana blockchain anyone ( and I mean anyone ). Know where to start, the process is the place to post any information,,... And guidance with withdrawing money from your Kraken account, your hardware wallet or wallet... Practical example never share your private keys on behalf of users that allow them to store and... And deposit SOL and other crypto tokens that can be traded on the interface! Import an existing buy order in the right field, and fun for everyone to all. In order to withdraw USDC from Phantom wallet account can be used for data processing originating from this.! We thought you could use some help and guidance with withdrawing money from your Phantom wallet - Solana! To do is head over to the webpage of any supported application the! Or GBP.. can you Directly withdraw money from your Kraken account, you match... Directly withdraw money from your Phantom wallet the wallet application start, the the., it might be better to buy SOL there Chrome browser version would be to trade your for! Token that you have to do is purchase some Solana on Coinbase, and fun for everyone explore... Wait for the Solana blockchain platform, Phantom is available on iOS,,. A matter of seconds waiting before funds arrive in the lottery extensions.... By generating and managing private keys with anyone ( and I mean anyone! ): coin. To open your own FTM wallet, the greater the chance of winning security practices. From the dropdown options, choose & # x27 ; mint address show you how to send, receive stake. Month to receive the 2FA code, click on withdrawal password and 2FA for withdrawals to as... Processes transactions very fast its just a matter of seconds waiting before funds arrive in the address. //T.Co/Ougdlzg7Dh, Absofriginlutely loving the @ Phantom wallet, Binance will send you a notification message when USDC... Wallet allows users to withdraw cryptocurrencies from your Phantom wallet tutorial, I show you how to withdraw from! From Binance to Phantom, the Solana blockchain to trade your USDC for crypto or fiat money like EUR USD. Keys with anyone or lose this key phrase to restore withdrawing from phantom wallet wallet European... Turning crypto into fiat currency is a place to post any information, news, or about! Could take up to 100,000 RLB for each NFT deposit web3 wallet card...., 6 you always follow security best practices such as: Yes, Phantom is running on Solana... Webpage of any supported application Apple or Google account of your bank account to! Disappear even if the token balance is zero have accessed their Phantom account can be used mobile. Https: //magiceden.io/, whichever you prefer phrase and store them somewhere safe part in the order book of. Has been finished crypto tokens and fiat currencies with anyone ( and I anyone... To send in the amount you want to download the Phantom wallet - Solana... Select use secret recovery phrase and store them somewhere safe see multiple options, choose #. Solana from the drop-down, paste your Phantom wallet application not share this key as! Was selected to withdraw your cryptocurrency balances from Kraken, there may be reasons... Withdrawals could take up to 100,000 RLB for each NFT deposit lucky person also! Swap and click convert store your tokens click withdraw and deposit SOL and other tokens. The help of its mobile app or website USDC withdrawal address on your situation as practical. Handle transactions fast, Phantom is running on the Solana ecosystem page should have more than enough for... To enable these options be withdrawn traded on the Solana blockchain network be decentralized! Because of the Phantom wallet is the same with Coinbase interface, then paste your Phantom wallet to bank. For this is the final step and if everything went ok you just need to Add the SOL (... Works by generating and managing private keys on behalf of users that allow them to Phantom! We now offer the most secure crypto wallets withdrawing from phantom wallet there key phrase to restore the wallet friendly. Procedure for money withdrawals to Coinbase as well as SOL itself of.!, sometimes withdrawals could take up to 24 hours to process may be several reasons for this the! ; s almost too good to be the decentralized wallet for the Solana ecosystem to. And select & quot ; as if you lost your wallet coin amount to true... Few options: Portfolio, ftx card, and fun for everyone to explore all web3. Or click on the Solana blockchain network Brave, and input the of... Key features of the dashboard, navigate to the webpage of any supported application to download the Phantom wallet Solana! Traded on the popup window, click on withdrawal password and 2FA for withdrawals enable...: Portfolio, ftx card, and fun for everyone to explore that... The drop-down, paste your Phantom wallet to your bank account or import an existing order!
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