Phántom Wallet | Phántom Exténsion


Phantom wallet

Phántom Wallet | Phántom Exténsion

Phantom Wallet is one of the most used Crypto wallets that permits its users to send, receive, store, stake, and swap various types of tokens on the Solana blockchain. Despite being a cost-effective forum, it is also famous for its security measures. It permits its users to transact and link with Non-fungible token platforms, and different decentralized finance apps and games are accessible on the Solana blockchain. The platform does not hide any expenses from its clients or users. Users can also turn their desired browsers into a Web3-enabled Crypto wallet on Phantom Wallet.

Advantages of Using the Phantom Wallet

  • Firstly, the Phantom Wallet is easy to use(User-friendly) and is accessible on many browsers such as Edge, Brave, Firefox, and Chrome.
  • The wallet also includes a swap feature.
  • Phantom Wallet is a non-custodial wallet, which indicates that only you have authority over your Crypto funds and private keys.
  • Last but not least, it supports a hardware wallet like Ledger to enhance security.

Procedure to Download the Phantom Wallet on PC

By utilizing a browser on your computer, you can conveniently get the Phantom Wallet. Even though the wallet is not accessible on Android or iOS devices, you can download the extension in a desirable and compatible browser already available on your PC. For this, you have to go to the official page of Phantom to download the wallet on your device. You need to follow the below-mentioned points.

  • Firstly, you need to head to any compatible Browser on your PC.
  • Secondly, open the Phantom Wallet official page.
  • Now moving ahead, you need to find and hit on the Download option provided on that particular page.
  • Nextly, you have to scroll down and press the Add to Browser option to conclude the procedure.
  • Note: After successfully completing the installation process, the Phantom Wallet extension will be added as a plug-in to your browser. 

Procedure to Generate an Account on Phantom Wallet

Attend all the methods properly to set up an account on Phantom Wallet. You have to attempt all the steps carefully.

  • Start with visiting the Phantom Wallet browser extension on your PC or laptop to start the process.
  • Then, search and hit on the Create New Wallet bar provided on your screen.
  • Now, you must generate a new and unique password for your wallet.
  • Next, you must input the password again below the Confirm Password box to confirm the password.
  • After that, you need to choose the Continue option attested on your screen.
  • Moreover, on the next page, you have to search out the Seed Phrase for your wallet, write it somewhere, and keep it in a safe and secure place.
  • You have to tap the bar saying- Ok, I saved it somewhere to move ahead.
  • Please move to the next page and mention the Seed Phrase credentials on that page to confirm it.
  • Lastly, complete the process by clicking on the Finish Wallet Setup bar.
  • Finally! You have created an account on Phantom Wallet. Now you can start using all the key features and other rewards provided by the wallet.

Procedure to Solve the Login problems on Phantom Wallet

While using the Phantom Wallet,  many users might have faced a problem while signing in to their accounts. The chances may increase when your account gets locked out. This is taken as a very important issue that must be resolved at the earliest. Somehow, if ever you go through such a situation, you must go through the below-directed solutions for your problems.

  • Foremost, you have to visit the Phantom Wallet on your desired browser.
  • Then, enter the login password in the correct field.
  • After which, you must go to the Unlock option given on your device's screen.
  • Once you add all the details correctly and follow the procedure properly, you will easily log in to your Phantom Wallet account.

Procedure to Deposit SOL on Phantom Wallet

To deposit SOL on your Phantom Wallet account, the foremost thing that you need is some SOL. For which you have to transfer it from the exchange to your wallet. You have to walk through the step-by-step guide mentioned here to perform the complete procedure.

  • First, go to the Phantom Wallet application on your device.
  • Nextly, you have to tap on the Deposit SOL or Receive to search out your wallet address.
  • Then, click on the Copy option.
  • Note: You have copied your wallet address, where you will now receive the Solana token.
  • After that, you have to return back to the exchange you are using.
  • Select the Withdraw SOL or Send or Receive option.
  •  Note: you will get both the wallet section and the page where you can buy Solana in the exchange.
  • Now you should paste your SOL address inside the address box.
  • Move ahead by adding the amount of SOL you wish to withdraw.
  • And conclude the process by selecting the Send Now option.
  • You can inspect your Phantom Wallet account to confirm the deposits of SOL.

Procedure to Buy with MoonPay on Phantom Wallet

  • Head to the Phantom Wallet and tap on the Deposit option given on your assets bar.
  • Secondly, click on the Buy with MoonPay button.
  • After which, the MoonPay page will be shown on your screen.
  • You have to select the quantity of Solana that you want to buy on that page.
  • Next, you must add a Payment Method to make payment for the assets you buy.
  • And finish the process by following the mini-steps prompted on your screen.

Conclusion

The Phantom Wallet can also be downloaded as a web extension and is convenient to use. The downloading process, sign up, deposit, and buy with MoonPay will become more apparent to you by going through the above-highlighted sections. This wallet is not specified to these features only further; it also has a Crypto staking capability, Web 3.0 support, etc. You can also get clear with all your doubt regarding the wallet by going to the Phantom Wallet page.