Phantom makes it easy, safe, and fun for everyone to explore all that Web3 has to offer. Phantom doesnt track any personal identifiable information, your account addresses, or asset balances. I have some Sol in Phantom Wallet, which I deposited with Moonpay, but now I want to take it out, ideally to Paypal in USD. Step 3.1 You will then get 12 keywords. Coinbase maybe, or e transfer is quicker imo. We never have access to any of your data or funds. Backup your wallet. Unfortunately, there isnt a direct way to transfer your funds from Phantom to an external bank account. Navigate to the Withdraw tab and select "Crypto to Wallet". You can also make use of a secured internet connection and do not use public WiFi networks. Select Create New Wallet to create a new wallet. Then, paste the Phantom Wallet address that you have copied in Step 1 in the SOL Address field. In fact, turning crypto into fiat currency is a common issue when dealing with decentralized wallets. Then run to the interface as follows. Best Noncustodial Wallets For Convenient And Secure Crypto Storage, Bitcoin ETF: How It Works and How to Invest, TMS Network (TMSN), Dogecoin (DOGE), and Uniswap (UNI) Aim For the Moon: What Cryptocurrency Investors Need To Know, Everyone Is An Analyst: Recommend 7 Free On-chain Data Analysis Tools, Filecoin Soars More Than 30%, Generating Interest In Launch Of Virtual Machine, Avalanche (AVAX) Rises 15% Following The Release Of New Network Upgrade, Biggest Weekly Inflows Into Crypto-related Goods Since July 2022 At $117 Million, EOS Uses This Tactic And Reports Significant TVL Growth, Find out what MoonStarter (MNST) is. The friendly crypto wallet for tokens, NFTs, and Defi on Solana. If you already have an account on crypto exchanges like Coinbase or Binance, it might be better to buy SOL there. Additionally, the SOL cryptocurrency is part of the top 10(*) biggest cryptos in the world. 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. With a valuation of $1.2B and 2 million active monthly users, Phantom is considered the market leader among Solana-based wallets. You'll also need to add the SOL token (which will be necessary to pay the transaction fees when sending RLB). Phantom can be used on mobile and PC with the help of its mobile app or browser extension. This is a place to post any information, news, or questions about the Solana blockchain. Remember that Phantom can store all kinds of SPL tokens where USDC is just one of them. RLB can currently be bought from Dexlab and then deposited to Rollbit to take part in the lottery. Send us a message through our mobile app or website. 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. Also, it has millions of cryptocurrency traders using its platform on a daily basis. Search for USDC and on it, click Withdraw to the right. How to Transfer Dogecoin (DOGE) from FTX to Trust Wallet, How to Transfer Solana (SOL) from Phantom Wallet to FTX. After copying the Phantom wallet address, go to Binance exchange and paste the address under the Withdraw option. Next, click Continue. 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. FTX will allow you to send Solana wrapped USDC natively as well as SOL itself of course. Coinbase is one of the biggest exchanges in the world and also supports the Solana network. EDIT: please answer in this thread, not by DM. The Process to Withdraw SOL from Phantom Wallet Make sure that you have linked a bank account with your wallet and follow the steps that are given below: Open Phantom mobile app or. Also, ensure that you have the password details of your Phantom account as you may be asked to sign in to your account in case you are locked out. Phantom wallet. Next, you need to write down your secret recovery phrase. 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. Enjoy your profits and dont forget to share this guide if it was helpful . 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. Since FTX only supports Solana blockchain network for SOL transactions, you dont need to select the network. Go to the Phantom website and click on the Create a Wallet button. The web3 wallet has a built-in DEX that allows you to trade SOL and Solana-based tokens seamlessly. As such, it requires an equally functional crypto wallet that can support its ecosystem considering that MetaMask is not compatible with Solana. 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. Our hotline (02)882-26467 (882-COINS) is also available from 9am - 6pm, Mondays to Fridays. Having spent some time w/ @phantom's beta, I can say that it makes using @solana a lot more fun. 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. 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: Crypto believer and 'Hodler' of Bitcoin since the early days. STEP 4: Select FTM from the "Deposit to" dropdown menu and click "SHOW (FTM) ADDRESS" button. The next step is to create a new account or import an existing account. If you want to cash out USDC you need a third-party exchange like Binance or Coinbase. Phantom Wallet. For that, you need to download and install Ledger Live on your device and install the Solana (SOL) app, which can be found in the catalog. This is the final step and if everything went ok you just need to wait for the funds to arrive. This subreddit is operated by the Solana Foundation. To do that you need to head over to the top part of the site and click Wallet Overview. Go to either https://trade.mango.markets/ or https://magiceden.io/, whichever you prefer. Search for the currency you wish to withdraw and then click on it. For additional security you can connect your hardware wallet. Phantom wallet - A friendly Solana wallet. I can't find anything about how to do this on Google. Phantom is a self-custodial wallet. Particularly, as Phantom is running on the Solana blockchain network you need to swap your tokens to SOL first. Based on daily(24h) trading volumes, Binance is the biggest cryptocurrency exchange in the world. Now open to anyone: https://t.co/Y3sK6rwkuN https://t.co/ouGDLZg7Dh, Absofriginlutely loving the @phantom wallet on Solana. 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You can then select the number of coins you want to send and click 'Send' (note that a small amount of SOL will be needed to cover the transaction fee). Paste your RLB address from your Phantom wallet into the ' receiving Rollbit Coin address ', enter your 2FA code and select the number of coins you want to withdraw. Withdraw USDT via the SOL network to Phantom Wallet. Join me as we build a network of metaverse and web3 pioneers. Sign in with your login credentials or you can even sign in with your Apple or Google account. Then, enter the withdrawal password and the 2FA Code. Now, you will see a few options: Portfolio, FTX Card, and Borrow/ Lending. We try to process the withdrawals as soon as possible. More information on how to use Binance P2P portal here. Can I Send USDC From Phantom Wallet to Coinbase? In this step, SOL was selected to withdraw. As a result, security is a top priority for them and withdrawing to a bank account requires you to verify(KYC). An example of data being processed may be a unique identifier stored in a cookie. You have successfully transferred Solana (SOL) from FTX to Phantom Wallet. 4. Paste the address you copied from Phantom in the bar with Enter Address. Your balances will be then displayed on Dexlab. * Note: This is an example, do not send to this address. Never share your private keys with anyone (and I mean anyone!). Save my name, email, and website in this browser for the next time I comment. To receive the 2FA code, click on , 6. However, to accomplish this an additional verification step is required. STEP 5: In this step, you have to open your own FTM wallet. Physically record your recovery phrase and store them somewhere safe. Alternatively, you may write it down on paper and store it somewhere safe. Scroll down and click on Settle, then confirm the action within Phantom. That's it. 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. The system will now automatically update your wallet. If you have further questions you can also try to contact Binance support here. After clicking on Withdraw, the Withdraw SOL window will appear. While the wallet supports mobile, the features are not as complete as the Chrome browser version. At the bottom of the mobile screen, you will be able to see multiple options, including. Each round of the lottery requires you to stake RLB, where a 0.20% staking fee applies. Now, head over to the search bar and find the right SOL pair for you. We only recommend companies and products we have personally used, \u0026 any commissions help to pay for content creation. Step 5: Select the coin amount to be withdrawn. No, Phantom cannot hold or use ETH at the moment. However, it can take longer if the network is congested. Powered By GitBook GitBook The Phantom wallet is a significant factor in the decentralized Solana ecosystem. Do not trust DMs from anyone offering to help/support you with your funds (Scammers)! Double-check if every info is correct, especially the wallet address, then hit Send now. For cashing out USDC for money you need to fulfill some extra steps on Binance first. Pragmatic Play's Muertos Multiplier Megaways slot, released October 13th 2022, takes the chilli heat of the Chilli Heat Megaways to the next level. For instance, if you are living in the European Union Area you can withdraw EURO instantly. 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. Simply put, the Phantom Wallet is a crypto wallet but doesnt deal with fiat money like EUR, USD, or GBP. Remember that Phantom can store all kinds of SPL tokens where SOL is just one of them. Once withdrawn, the funds will be sent to your wallet and appear in your balance after the transaction has confirmed (typically less than 10 seconds). Then, to withdraw, follow these steps: Sign in to your Kraken account and navigate to Funding. Rollbit offers collateralised NFT (non-fungible token) loans. Double-check if every info is correct, especially the wallet address, then hit Send now. Phantom is compatible with Ledger hardware wallets. In short, an account verification(KYC) process consists of the following: After you have finished the sign-up process at Binance its time to use your newly created profile in order to withdraw money. Phantom supports all tokens built on the SPL standard, which includes all assets that run on the Solana blockchain. Click on Add Withdrawal Address. Phantom claims that if you use its wallet app, you will never have to worry about the safety of your funds when using the decentralized web, but this is more marketing than truth. I also explain how to connect your Ledger hardware wallet to Phantom Phantom Wallet Review: https://everybithelps.io/phantom-wallet-review/ Binance: (20% Discount): https://hi.switchy.io/BinanceDiscount Ledger Nano Hardware Wallet: https://hi.switchy.io/LedgerNanoTimeline:00:28 Solana \u0026 Phantom Overview01:21 How to Download Phantom Wallet03:32 Phantom Wallet Feature Overview05:47 How to Connect Ledger to Phantom Wallet07:38 Problems Connecting Ledger to Phantom08:16 How to Send SOL to Phantom from FTX09:21 How to Send SOL to Phantom from Binance10:06 How to Send SOL from your Phantom Wallet11:22 How to Swap Tokens with Phantom Wallet12:25 Solana Staking12:49 Connecting Phantom Wallet to Solana DApps13:58 Revoking Access to Trusted Apps Louise Elizabeth (Every Bit Helps) Subscribe: http://bit.ly/EveryBitHelpsSubEXCHANGES Binance 20% Off Fees \u0026 $100 Bonus: https://hi.switchy.io/BinanceDiscount Binance US Sign-up: https://hi.switchy.io/BinanceUS Coinbase 10 BTC Sign-up Bonus: https://hi.switchy.io/CoinbaseBonusCEFI Nexo Sign-Up Bonus: https://hi.switchy.io/NexoHARDWARE WALLET Ledger Nano Wallet: https://hi.switchy.io/LedgerNano Trezor Wallet: https://hi.switchy.io/Trezor Keevo Wallet:https://hi.switchy.io/KeevoONLINE SECURITY Express VPN: https://hi.switchy.io/ExpressVPN LastPass: https://hi.switchy.io/lastpass YubiKey: https://hi.switchy.io/YubiKeySOCIAL MEDIA Website: https://www.EveryBitHelps.io Facebook: https://www.facebook.com/EveryBitHelps1 Twitter: https://twitter.com/EveryBitHelps_ Discord: Sign-up via https://www.EveryBitHelps.ioDISCLAIMER:Some of the above links may be affiliate links, so if you click \u0026 purchase something, we could receive a small commission at no additional cost to you. By default, every user can borrow up to $100,000 from. Get into the SOL balance on the platform. The first step in withdrawing your account is logging in to the KuCoin platform. Phantom is designed to store your private keys, which are necessary to access your funds across the blockchain. 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Enter 'RLB' in the search bar and click on the slider to add it to your wallet. Enter the search field for the type of coin or payout token as SOLANA. However, it might take a few days, depending on where you live. At this point, you have two choices. Once you have entered the withdrawal password, you will need to enter the 2FA code. located in the top right corner of the webpage. A MoonPay window will open, where you can input the amount you want to spend and the crypto you want to buy. Last modified 2d ago. Search for the token name on Solana explorer and copy the token mint address. Tap to paste (copy) the address into Sollet Wallet to withdraw it. But before that, do not forget to check the network connection status on your computer or mobile. 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. Good luck! Now that you have copied your wallet address, its time to head back to your Coinbase account. For your help, we have described the step-by-step guide to withdraw SOL tokens above in this post. Rollbit Coin (RLB) acts as an entry ticket into our lottery, where 20% of the casino's profits are shared between regular lottery prizes and the jackpot (split 70:30). The withdrawal method fully depends on your situation as a customer of Binance. Generative VS AI-Generated Art: Whats the Difference? Never give out your Seed Phrase and DO NOT ENTER it on ANY websites sent to you. In short, an account verification(KYC) process consists of the following: After you have finished the signup process at Binance its time to use your newly created profile in order to withdraw money. After tapping on Solana (SOL), the Withdraw SOL window will appear. You'll now be able to view your balances and send RLB. 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. If your wallet does not have an address on the whitelist in your Binance account, a message will be displayed as follows. The main reason for this is that Phantom is connected to smart contracts and runs autonomously. Select the 'Transfer' button below your balance and choose to withdraw using your preferred pay-out option (e.g. You can then withdraw the money to your bank account by clicking withdraw. Click connect to MetaMask and choose the account from your Metamask wallet. You can stake SOL directly on Phantom by clicking on the SOL token in the app, and then clicking Start earning SOL. The plan you might have is to swap USDC for the money you need to send your USDC funds from Phantom to Binance here. Phantom wallet is the wallet of the Solana blockchain network. 2. Note that there will be a small network fee required to withdraw RLB, so ensure you have enough in your balance (less than $1) to cover the transaction cost. There are multiple ways to transfer cryptocurrencies into your Phantom address. How to withdraw funds. Particularly, as Phantom is running on the Solana blockchain network you need to swap your tokens to SOL first. Last modified 4d ago. Phantom has made its name as the popular Solana blockchain crypto wallet. The next step will be to use the Binance P2P portal to find a party that will buy your Bitcoin in your local currency. 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. At the moment, banks cant deal with decentralized technology or non-custodial wallets. Protect your assets on the go with the convenience you expect. After clicking Add Withdrawal Address, a search box will appear. We highly recommend Chrome as it has the most support at the moment, but other browsers should do just fine. Then click Withdraw and from here you can start the process. 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. Thank you in advanceThe content Every Bit Helps provides is not financial advice; these are simply our opinions. To save the address for future use, you can do so by selecting the Save address checkbox. Just make sure that you have received the Solana funds by going to your wallet on Binance. Voice 2.0: Most Advanced AI Voice Generators of 2023, 5 Game-Changing Prompt Resources for ChatGPT, 16 Brilliant Ways to Use ChatGPT to Make Life Easier, You.com: A Comprehensive Review of the Search Engine Powered by AI. Meaning, you are in charge over your funds and this makes it a safe way to store crypto. The same process goes for every other token, but make sure they are Solana-based tokens as thats what Phantom currently supports. You will then get 12 keywords. Check in Withdrawals Section and Phantom Wallet Application, To view the recent transactions, tap on , On the History page, you will be able to see multiple options, such as, To enable the withdrawal password and 2FA verification for withdrawals on FTX, click on the. Your order should immediately go through. Here are 5 steps you'll need to transfer USDC to your Phantom wallet: Buy USDC on a platform that enables USDC withdrawals via the SOL network. Stake, Convert, Borrow/Lending, Deposit, Withdraw, 5. Copy your phantom wallet address and paste it into the Binance withdrawal address box. Enter the token mint address in manual input section. Earn up to 100,000 RLB for each NFT deposit! Most withdrawals are processed in much lesser time than we estimate :) For security reasons, we store most funds in a cold wallet. Besides, if you dont have SOL make sure you swap the tokens in the wallet to SOL first. REPEAT AFTER ME SOLANA NETWORK FOR SOL/SOLANA. Web-scale blockchain with speeds of 50k TPS. As such, this should not be treated as explicit financial, trading, or otherwise investment advice. Click on the 'Wallet' option in the menu bar. This button displays the currently selected search type. Tap on the wallet address located in the top center of the Phantom wallet application. 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. options typically include cash pickup, bank transfer or mobile money transfers etc). 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. If you need another currency to transfer your funds to a bank account you should find the proper trading pair first. 3. This is the secret key phrase to restore the wallet. Phantom is decentralized and anonymous, which . Here are the steps you must take to be able to withdraw crypto: Go to crypto.com/exchange and log into your account. Remember, this phrase is extremely important as it is the only thing that could recover your account in case something happens to your device. Join our newsletter as we build a community of AI and web3 pioneers. Here, you need to enter the amount of SOL that you wish to send in the Amount field. Unfortunately, there isnt a direct way to transfer your funds from Phantom to an external bank account. You should receive your SOL in a minute. With this in mind, the Phantom wallet is one of the available tools on Solana to use. FORGET BSC AND ETHEREUM, YOU ARE USING SOLANA. To learn more about RLB, check out the whitepaper! Withdrawal hold Certain deposits, such as first time ACH purchases, debit or credit card purchases or digital wallet purchases will trigger a temporary (72 hour) withdrawal hold on the account, for security purposes. Therefore, we recommend you always follow security best practices such as: Yes, Phantom is available on both Android and iOS. The next step will be to use the Binance P2P portal to find a party that will buy your Bitcoin in your local currency. Phantom charges a flat 0.85% transaction fee on swaps where both assets are included in the following list: Rates that appear in the Phantom application are calculated with fees applied. Tokens will be added instantly to your wallet. You can also store it on different devices, but I highly recommend you encrypt each copy. In general, to withdraw money from Binance to your bank account go to Fiat and Spot Wallet first. At this point, the withdrawal process for USDC from Phantom to Binance has been finished. If you face any type of trouble during the withdrawal process, check that your device is connected to the internet or not. Then log in to your Binance account and buy SOL, or any other Solana-based tokens by clicking on Trade Spot. For instance, by playing certain blockchain games, you can earn tokens, which you can withdraw into your Phantom Wallet. Phantom is a digital wallet reimagined for DeFi, making it safe So long as to keep your wallet encrypted. Of course for them and withdrawing to a bank account go to either https: //magiceden.io/, whichever you.. It has the most support at the bottom of the lottery bought from Dexlab and then to. As explicit financial, trading, or GBP ; these are simply our opinions crypto to wallet quot., whichever you prefer to Phantom wallet a network of metaverse and web3 pioneers for... Your help, we have personally used, \u0026 any commissions help to pay for content creation coin or token. 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External bank account requires you to verify ( KYC ) Chrome, Brave, and more in manual input.. Address checkbox any of your data or funds technology or non-custodial wallets but deal... E transfer is quicker imo it can take longer if the network is.... Will need to swap your tokens to SOL first please answer in this.. The blockchain can borrow up to $ 100,000 from and also supports the Solana network active! Address in manual input section out the whitepaper coin amount to be to! Device is connected to the search field for the money to your wallet address, a message our. Or non-custodial wallets technology or non-custodial wallets better to buy SOL, otherwise! A 0.20 % staking fee applies additional verification step is required especially the wallet address, then confirm action! Make sure they are Solana-based tokens by clicking on the SPL standard, which you can sign. Browser version withdraw and from here you can also store it on any sent...