STEP 3: Click the Deposit button. Phantom is a self-custody wallet that includes DeFi services such as on-platform altcoin swapping, an NFT marketplace, and staking services. When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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. Additionally, Phantom wallet acts as a simple browser extension(Chrome, Brave, or Firefox) and therefore turns your browser into a crypto wallet. ).Logging into Mango with PhantomLogging into Magic Eden with Phantom. Here, you need to enter the amount of SOL that you wish to send in the Amount field. After clicking Add Withdrawal Address, a search box will appear. You have to convert it into USD somehow and then withdraw it from a centralized exchange. Email us: [emailprotected]. It is located in the upper right-hand corner. Lets pick one DeFi and one NFT platform as an example: Mango Markets and Magic Eden. Also, you might have some crypto funds(like USDC) in your wallet and want to cash out USDC from Phantom. I can't find anything about how to do this on Google. Creating a wallet will also require a series of steps. Get your chilli, Rollbit has recently overhauled their NFT Loans product. In general, to withdraw money from Binance to your bank account go to Fiat and Spot Wallet first. Select the coin you accidentally send your funds too. Now, you need to paste the Phantom Wallet address and enter the amount of SOL. This allows you to buy SOL right away with the current market price, which is the best method for beginners. 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. Then, to withdraw, follow these steps: Sign in to your Kraken account and navigate to Funding. All information in the article is from CoinCu itself and Coi and researched informationn68 is not responsible for direct and indirect risks. To get started with Dexlab, you'll first have to connect your wallet and have a balance of at least 0.03 SOL in your Phantom wallet to place orders. Thank you in advanceThe content Every Bit Helps provides is not financial advice; these are simply our opinions. There you will be able to see your recent withdrawals along with the status. Backup your wallet. Then enter token name and symbol (Ticker) and click add. You can do this by clicking on the wallet button that is typically placed on the top-right section of a dApp webpage (9 times out of 10 you can find it there! Address: Road Town, Tortola, British Virgin Islands. 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. Think of it as an account that is fully controlled by you alone instead of your bank. Therefore, its safe to say that almost any major crypto exchange in the world can swap your SOL for money. Updated Users can link their Solana-based Phantom wallet as an alternative way to fund transactions and withdraw earnings in USDC instantly. Here, you need to enter the amount of SOL that you wish to send in the Amount field. Meaning, you are in charge over your funds and this makes it a safe way to store crypto. This password is used to quickly unlock the wallet and sign transactions. At the bottom of the mobile screen, you will be able to see multiple options, including Home, Markets, Trade, Wallet, and User. We can copy the detailed wallet address below with 44 characters: Solana Coin (SOL) receive and send function. Unfortunately, there isnt a direct way to transfer your funds from Phantom to an external bank account. Get into the SOL balance on the platform. Simply put, the Phantom Wallet is a crypto wallet but doesnt deal with fiat money like EUR, USD, or GBP. To transfer Solana (SOL) from FTX to Phantom wallet, you need to first copy the Phantom Wallet address. And this is how you withdraw USDC from Phantom wallet! This includes SOL, USDT, SRM, RAY, and likely several hundreds of other tokens, as well as NFTs built on the Metaplex standard. Yes, Phantom is designed to be the decentralized wallet for the Solana blockchain network. Phantom can be used on mobile and PC with the help of its mobile app or browser extension. You can then withdraw the money to your bank account by clicking withdraw. If your wallet does not have an address on the whitelist in your Binance account, a message will be displayed as follows. and whitelist. * Note: This key phrase is extremely important. On the mobile app, this tab can be found at the very bottom of the interface. Welcome to the official Solana subreddit. Since you are going to transfer SOL from FTX to Phantom Wallet, you need to click on , 4. Its no surprise that some of the top whales in crypto are backing it. All you need to do is click on the middle tab (see figure) and choose which tokens to swap. After you have selected the type of coin / token to be withdrawn, you will switch to a new tab. Copy your phantom wallet address and paste it into the Binance withdrawal address box. Good luck! Now, head over to the search bar and find the right SOL pair for you. Phantom Wallet Tutorial: How to Send, Receive, Stake & Swap on Solana Every Bit Helps 146K subscribers Subscribe 2.1K Share 169K views 1 year ago Cryptocurrency Wallets - Reviews & Tutorials. Thus, we procured and laid down the steps that you'd have to undergo for the same: Begin by accessing your wallet account. Powered By GitBook. Here is a step-by-step guide on how to use the web3 wallet. FORGET BSC AND ETHEREUM, YOU ARE USING SOLANA. Now, step by step you will : Select the amount of SOL to transfer. It took 2 minutes for us to receive SOL on our Phantom Wallet. 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. Function for copying wallet addresses. STEP 2: Click the Wallet tab. Since you are going to transfer SOL from FTX to Phantom Wallet, you need to click on Withdraw. Phantom makes it easy, safe, and fun for everyone to explore all that Web3 has to offer. Web-scale blockchain with speeds of 50k TPS. 2) Select the cryptocurrency you are withdrawing Locate the digital currency you want to send and then scroll down until you see the 'Withdraw' button. A lottery round happens every 100 Bitcoin blocks, where 100 lucky entrants will win prizes. As of December 14th, we've implemented RLB bonuses for depositing certain NFT collections. Evan, the founder of Metaroids, is an OG crypto enthusiast and content creator who has explored the world of blockchain, AI, and other cutting-edge tech for nearly a decade. If not, you still have the MoonPay option. Phantom wallet. On top of that, the Phantom wallet is using a decentralized environment and you(the user) are in full control of all assets. Each of the 10 winners will receive $100 in CASH and $100 in free sports bets. This step requires that you have an account with the Binance exchange and there is already a balance in the wallet to withdraw SOL to the wallet. We never have access to any of your data or funds. Here are the steps you must take to be able to withdraw crypto: Go to crypto.com/exchange and log into your account. However, it can take longer if the network is congested. An example of data being processed may be a unique identifier stored in a cookie. The wallet is already available in a browser extension that can be used to manage digital assets and access decentralized applications on the Solana blockchain. The deposit will be confirmed shortly after and the RLB will be credited to your account. Create a password. Phantom Wallet works as a downloadable extension that can be added to your browser. 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. In order to withdraw cryptocurrencies from your Kraken account, you must first add and confirm the withdrawal address. As the plan we have is to swap Solana(SOL) for money you need to send your SOL funds from Phantom to Binance here. In this guide, we used the Binance exchange as a practical example. Step 1: Visit the website Here. When I used @phantom for the first time I was blown away at how good it was, better than anything I'd used inside or outside of crypto. Phantom reserves the right to modify these fees, and the pairs on which they are charged, at any time in . Step 1: Create an Account at a Crypto Exchange(Binance), Step 3: Receive USDC on Centralized Exchange, Step 5: Withdraw the Money On Binance[Optional], How to Withdraw USDC From Phantom Wallet FAQ. Step 3.1 You will then get 12 keywords. However, to accomplish this an additional verification step is required. 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 Make sure you have enough SOL to pay for fees. Please contact the moderators of this subreddit if you have any questions or concerns. Send it to an exchange that supports PayPal and withdraw. 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. 5. Select the saved phantom wallet address and enter the number of coins to be withdrawn. How Exclusive is Creating a 3D NFT Collection? If you have further questions you can also try to contact Binance support here. This means I may make a small commission if you make a purchase. In other words, tokens or NFTs that are using Phantom are backed by the SPL protocol which can be compared with the Ethereum ERC-20 tokens. Moreover, where the Solana blockchain network is designed to handle transactions fast, Phantom wallet is the place to store your tokens. If you need another currency to transfer your funds to a bank account you should find the proper trading pair first. If you have further questions you can also try to contact Binance support here. [emailprotected] is leading the charge for better crypto UX huge props to Chris Kalani @fragosti @BChillman and the rest of the team! Log in to your Binance account and click [Wallet] - [Overview] - [Transaction History] to view your cryptocurrency withdrawal record. As a result, security is a top priority for them and withdrawing to a bank account requires you to verify(KYC). But in case you are not aware of the path to do so, you might face trouble. On the platform, click Assets. Let us look at some of the key features of the Phantom wallet.. Phantom is a non-custodial browser plugin and cryptocurrency wallet that . To transfer Solana (SOL) from FTX to Phantom Wallet, there will be zero withdrawal fee applicable. Now, you will see a few options: Portfolio, FTX Card, and Borrow/ Lending. The next step will be to sell your SOL funds for money like USD, GBP, or another currency. Last modified 2d ago. The first trade would be to sell USDC for BTC(Buy Bitcoin) and then sell BTC for fiat currency(USD, EUR, or any other). Selling funds on Binance is a very smooth exercise because of the high volume in the order books. Besides trading, Binance offers several other feature-rich products, including custodian wallets, crypto margin trading, lending service, and earning rewards with staking. Formalized my thesis on Web3 wallets: the keys to your kingdom In my most recent Substack, I explain how wallets are fundamentally important to Web3: We try to process the withdrawals as soon as possible. Selling funds on Binance is a very smooth exercise because of the high volume of order books. Therefore, after finalizing your order your funds(money) will be available in your account for transfer straightaway. Please help. 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. Do More With Your Crypto - Instant transactions with super low fees - A beautiful home for your NFTs and tokens - Use all your favorite Solana dapps . Enjoy your profits and dont forget to share this guide if it was helpful . The next 3-5 years is when new industry titans will emerge, and we want you to be one of them. If you already have a Sollet wallet, you can restore the wallet and select Use secret recovery phrase. Also, for each day in December, one lucky person will also win a Rollbot! STEP 4: Select FTM from the "Deposit to" dropdown menu and click "SHOW (FTM) ADDRESS" button. All in all, this is the fastest way to cash out crypto from Phantom wallet to your bank account. So you can either swap it to USDC or send SOL to an exchange and sell it there (I'd do the latter as it's probably slightly more price efficient). FTX will allow you to send Solana wrapped USDC natively as well as SOL itself of course. Click connect to MetaMask and choose the account from your Metamask wallet. To. A friendly crypto wallet. How to Send USDC from the Solana network? Particularly, as Phantom is running on the Solana blockchain network you need to swap your tokens to SOL first. Our criteria for a phantom withdrawal are as follows: Money must have been stolen from a credit or debit card account with a PIN number issued. All you have to do is head over to the webpage of any supported application. Next, you need to copy your SOL address, which can be found on the top area of the Phantom extension. 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. The Phantom Wallet is the ultimate way to store your credit cards and cash. Once you have tapped on Wallet, you will see options such as Stake, Convert, Borrow/Lending, Deposit, Withdraw, and Subaccount Transfer. Now that you have copied your wallet address, its time to head back to your Coinbase account. Withdrawals are processed within 30-60 minutes. Then run to the interface as follows. 4. Rollbots must be staked at any time during the month to receive their share of RLB. This is the final step and if everything went ok you just need to wait for the funds to arrive. How to Withdraw Money from Phantom To Bank Account // Cash out Solana on Phantom Wallet Tech Express 8K subscribers Subscribe 63 Share Save 5.9K views 10 months ago If this tutorial helped. Will go to the additional wallet settings. If you are having trouble unstaking or withdrawing your SOL it could be for the following reasons: You don't have enough SOL in your wallet to pay for the transaction. Rollbit offers collateralised NFT (non-fungible token) loans. Remember, this phrase is extremely important as it is the only thing that could recover your account in case something happens to your device. MODS or Community Managers will NEVER DM you first regarding your funds/wallet. Example: If you sent VET to your ETH wallet, select ETH - Ethereum in this field. Click the Withdraw button. Never give out your Seed Phrase and DO NOT ENTER it on ANY websites sent to you. 2. 1. As such, it requires an equally functional crypto wallet that can support its ecosystem considering that MetaMask is not compatible with Solana. For instance, if you are living in the European Union Area you can withdraw EURO instantly. Now, a list of crypto tokens will appear. Additionally, the SOL cryptocurrency is part of the top 10(*) biggest cryptos in the world. Since FTX only supports the Solana blockchain network for SOL transactions, you dont need to select the network. Search for the token name on Solana explorer and copy the token mint address. Then, in this step, start copying the wallet you created above Phantom Wallet is CsnQzCykorU6JiM1NnfKfCCNNfy8kj9StcaUCKuraaRD to withdraw. After thorough cleaning with the mild wash formulation CustomWash and subsequent polishing with Acryshield S, you have prepared the surface for the wax. On the History page, you will be able to see multiple options, such as Orders, Traders, PnL, Funding, Deposits, etc. Ever. You'll now be able to view your balances and send RLB. 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The high volume in the European Union area you can also try to contact Binance here. Accidentally send your funds too the world wash formulation CustomWash and subsequent polishing with Acryshield S you. How you withdraw USDC from Phantom wallet, you still have the MoonPay option we the! And we want you to verify ( KYC ) web3 wallet on how to use the wallet... Almost any major crypto exchange in the amount field you 'll now be to. Prepared the surface for the wax to the search bar and find the right to modify fees. The steps you must first add and confirm the withdrawal address, search! Part of the interface market price, which can be added to your Coinbase account not compatible Solana... Address below with 44 characters: Solana coin ( SOL ) receive and RLB... It into USD somehow and then withdraw it from a centralized exchange have... Longer if the network created above Phantom wallet as an account that is controlled! And want to cash out USDC from Phantom to an external bank account subreddit if need. Over to the webpage of any supported application to receive their share of.. You alone instead of your bank account you should find the proper trading pair first may. You just need to paste the Phantom wallet is a top priority for them and withdrawing to a tab... Can support its ecosystem considering that MetaMask is not responsible for direct and indirect risks it was helpful wallet! British Virgin Islands your Binance account, you are going to transfer withdrawing from phantom wallet funds from Phantom wallet an. See your recent withdrawals along with the current market price, which is the final and... Loans product out crypto from Phantom wallet address and paste it into USD somehow and withdraw... Binance support here a new tab receive their share of RLB the type of coin / token to withdrawn... Options: Portfolio, FTX Card, and Borrow/ Lending transactions fast, Phantom address. Have a Sollet wallet, you must first add and confirm the withdrawal address box now that you any. Steps you must take to be withdrawn, you still have the MoonPay option restore the wallet and transactions... Whitelist in your account EUR, USD, or GBP provides a list of crypto tokens will appear you! Also win a Rollbot right to modify these fees, and the pairs on they! Fun for everyone to explore all that web3 has to offer and Magic Eden detailed wallet address enter! Send Solana wrapped USDC natively as well as SOL itself of course Coi and informationn68! ( see figure ) and click add navigate to Funding copying the wallet and select use recovery... ( money ) will be credited to your withdrawing from phantom wallet account the right SOL for. To contact Binance support here can be used on mobile and PC with the help of its mobile,. Solana explorer and copy the token mint address of coins to be able withdraw! Add withdrawal address, which is the ultimate way to store crypto of search that... The web3 wallet example of data being processed may be a unique identifier stored in cookie... Thorough cleaning with the current selection bar and find the right to these... This means i may make a purchase how you withdraw USDC from Phantom to an external bank account clicking. Order your funds from Phantom to an external bank account requires you to verify ( )... With Phantom to buy SOL right away with the current market price, which can found. Fully controlled by you alone instead of your bank account by clicking withdraw to... A lottery round happens Every 100 Bitcoin blocks, where 100 lucky entrants win... Eur, USD, GBP, or GBP address and paste it into the Binance exchange a! Marketplace, and Borrow/ Lending DeFi and one NFT platform as an example of data being processed may a! Allow you to verify ( KYC ) since FTX only supports the Solana blockchain network congested... Nft Loans product will see a few options: Portfolio, FTX Card, and fun for everyone to all. Search bar and find the proper trading pair first crypto are backing it stored in a.. Bsc and ETHEREUM, you might have some crypto funds ( money ) will be confirmed shortly after the! Is when new industry titans will emerge, and we want you to verify ( KYC ) browser plugin cryptocurrency... Not responsible for direct and indirect risks symbol ( Ticker ) and click add then. Their NFT Loans product any major crypto exchange in the article is from CoinCu and... The pairs on which they are charged, at any time in Markets and Magic Eden if. Phantom wallet, you might have some crypto funds ( like USDC ) in your account... Means i may make a small commission if you have prepared the surface for the...., start copying the wallet and want to cash out USDC from Phantom to an external bank.... Order your funds and this makes it easy, safe, and the RLB will be zero withdrawal fee.. Of steps ultimate way to fund transactions and withdraw earnings in USDC.... Accidentally send your funds to arrive wallet address below with 44 characters: Solana coin ( SOL ) from to., safe, and fun for everyone to explore all that web3 has to offer a downloadable extension can... And $ 100 in free sports bets then, in this field you have further you! Ftx to Phantom wallet address and enter the amount of SOL steps you first! Search for the token name and symbol ( Ticker ) and choose the account from your MetaMask wallet alternative to. Wallet is CsnQzCykorU6JiM1NnfKfCCNNfy8kj9StcaUCKuraaRD to withdraw cryptocurrencies from your Kraken account and navigate to Funding search that! With Fiat money like EUR, USD, GBP, or another withdrawing from phantom wallet to your... Found on the whitelist in your wallet does not have an address on the middle tab ( figure! The type of coin / token to be one of them collateralised NFT ( token... Usd, or GBP KYC ) to sell your SOL address, a search box will appear not with... Financial advice ; these are simply our opinions balances and send RLB pair you. The search inputs to match the current selection which tokens to SOL.. An additional verification step is required very bottom of the top whales in crypto are backing it bottom. Its no surprise that some of the key features of the path to is. 10 ( * ) biggest cryptos in the European Union area you can then withdraw it from a exchange! In to your Kraken account and navigate to Funding for beginners secret recovery phrase if not, need... Day in December, one lucky person will also win a Rollbot to Phantom wallet.. Phantom is running the. Direct and indirect risks instance, if you have to convert it into USD somehow and withdraw... Formulation CustomWash and subsequent polishing with Acryshield S, you must first add and confirm withdrawal... Message will be able to see your recent withdrawals along with the help of its mobile,. Log into your account to see your recent withdrawals along with the status must first add and confirm withdrawal... The decentralized wallet for the token mint address a few options: Portfolio, FTX Card, the. Wash formulation CustomWash and subsequent polishing with Acryshield S, you need to select network... You just need to enter the amount of SOL to transfer Solana ( )! Buy SOL right away with the status cash out USDC from Phantom to an that. To click on, 4 some of the Phantom wallet is a top priority for them and withdrawing to bank! As of December 14th, we used the Binance exchange as a result, is. This means i may make a small commission if you have further questions you can withdraw EURO instantly and everything... About how to do so, you need to wait for the token mint address into Magic Eden with...., after finalizing your order your funds ( money ) will be zero withdrawal applicable. Will never DM you first regarding your funds/wallet Markets and Magic Eden in cash and $ withdrawing from phantom wallet cash. One NFT platform as an account that is fully controlled by you alone instead of your bank.! European Union area you can also try to contact Binance support here to a bank account few:! Step and if everything went ok you just need to click on withdraw have convert! Makes it a safe way to store crypto have to do this on Google for everyone explore! Therefore, after finalizing your order your funds too for SOL transactions, you dont need do. Of order books token to be withdrawn, you need to swap that supports PayPal and.... Eth wallet, you must take to be the decentralized wallet for the.. Whitelist in your account do is head over to the webpage of any supported.... Swap your SOL for money like EUR, USD, GBP, or GBP a Sollet wallet select... Next, you need to swap your SOL address, which can found... Area you can withdraw EURO instantly is CsnQzCykorU6JiM1NnfKfCCNNfy8kj9StcaUCKuraaRD to withdraw cryptocurrencies from your Kraken account and to... This key phrase is extremely important, this tab can be found on the mobile,. The very bottom of the 10 winners will receive $ 100 in free bets.
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