Now, you will be able to see your Phantom wallet address in the top center of the wallet extension. Disclosure: This post could contain affiliate links. 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. Fill in the necessary details and click Send. Go to the Phantom and copy your wallet address. Just make sure that you have received the funds by going to your USDC wallet on Binance. Approve further confirmation prompts, and then youre all set. The main reason for this is that Phantom is connected to smart contracts and runs autonomously. Last modified 2d ago. If you are a US resident, visit the FTS.US website. Select Create New Wallet to create a new wallet. Successful wallet creation. First of all, you need to open an account which shouldnt be a complicated step. Phantom appears to be the wallet counterpart of Solana, mimicking its immense user growth and nearly unprecedented development in a short period. Stake, Convert, Borrow/Lending, Deposit, Withdraw, 5. to save this key phrase in another file. Phantom is a non-custodial web3 wallet that provides a seamless and secure way to send and receive tokens, as well as interact with various crypto applications, including decentralized finance (DeFi) and non-fungible token (NFT) platforms on the Solana blockchain. A very logical next step would be to trade your USDC for crypto or fiat money. Tap on the wallet address located in the top center of the Phantom wallet application. Then, to withdraw, follow these steps: Sign in to your Kraken account and navigate to Funding. Download Watch Available on iOS, Android, Chrome, Brave, and more! The more RLB you stake, the greater the chance of winning. As a result, its necessary to send your funds from Phantom to a major cryptocurrency exchange to cash out from crypto. Press question mark to learn the rest of the keyboard shortcuts. 2. Now, step by step you will : Select the amount of SOL to transfer. The withdrawal process is very similar to that mentioned above just make sure that you use the Solana network! 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. After clicking on Withdraw, the Withdraw SOL window will appear. Lets explore some of them. 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. You can read our guide on purchasing crypto for the first time here. Click on either withdraw SOL or Send / Receive on the Coinbase interface, then paste your Phantom's wallet address on the address field. On the platform, click Assets. 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. Read this guide and learn how to withdraw from Phantom wallet to bank account! Phantom wallet - friendly Solana wallet built for DeFi & NFTs. Here are some nice things our users have said about us. Enter the amount of SOL you wish to transfer. Additionally, Phantom wallet acts as a simple browser extension(Chrome, Brave, or Firefox) and therefore turns your browser into a crypto wallet. Therefore, after finalizing your order your funds(money) will be available in your account for transfer straightaway. As such, it requires an equally functional crypto wallet that can support its ecosystem considering that MetaMask is not compatible with Solana. Therefore, its safe to say that almost any major crypto exchange in the world can swap your SOL for money. Visit the FTX website. Again, when you want to send USDC from Phantom wallet by initiating a withdrawal, you need to send your funds elsewhere. Transfering SOL from Binance to Phantom wallet is a simple task. Coinbase is one of the biggest exchanges in the world and also supports the Solana network. 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. Phantom Wallet. Then, paste the Phantom Wallet address that you have copied in Step 1 in the SOL Address field. First of all, you need to open an account which shouldnt be a complicated step. Powered By GitBook GitBook It works by generating and managing private keys on behalf of users that allow them to store funds and sign transactions. Copy Phantom Wallet Address Open the Phantom wallet mobile application. From there, click on the ' Dapper Balance ' button. Instructions for withdrawing SOL from Binance to Phantom Wallet Here is the instruction to withdraw Coin SOL from the Binance exchange Step 1: access the Binance wallet 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. Particularly, Binance has the following fiat currency trading pairs for SOL available: If you need another currency to transfer your funds to a bank account you should sell your SOL for Bitcoin first. Copy your phantom wallet address and paste it into the Binance withdrawal address box. Its no surprise that some of the top whales in crypto are backing it. 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. That's it. If your wallet does not have an address on the whitelist in your Binance account, a message will be displayed as follows. Remember, this phrase is extremely important as it is the only thing that could recover your account in case something happens to your device. If you already have an account on crypto exchanges like Coinbase or Binance, it might be better to buy SOL there. Updated Users can link their Solana-based Phantom wallet as an alternative way to fund transactions and withdraw earnings in USDC instantly. Get into the SOL balance on the platform. No protocol is ever completely safe as hackers are just as ingenious as the developers that build decentralized systems, and they are always actively looking for new vulnerabilities to exploit. 2. Phantom has made its name as the popular Solana blockchain crypto wallet. * Note: This key phrase is extremely important. So just go back to the wallet to check the amount of tokens withdrawn. To receive the 2FA code, click on , 6. 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! FTX will allow you to send Solana wrapped USDC natively as well as SOL itself of course. Step 3.2 Create a password. Now that you have copied your wallet address, its time to head back to your Coinbase account. Selling funds on Binance is a very smooth exercise because of the high volume in the order books. Now, head over to the search bar and find the right SOL pair for you. 2. All you have to do is head over to the webpage of any supported application. Enjoy your profits and dont forget to share this guide if it was helpful , Recommended: How to use Phantom Wallet with Instagram. You have to convert it into USD somehow and then withdraw it from a centralized exchange. Here is a step-by-step guide on how to use the web3 wallet. An example of data being processed may be a unique identifier stored in a cookie. This is the final step and if everything went ok you just need to wait for the funds to arrive. This option will be located on the upper portion of the mobile app interface. Since you are going to transfer SOL from FTX to Phantom Wallet, you need to click on , 4. Half of the staking fees to enter the lottery will be re-distributed to Rollbot holders, based on the rarity of the eye trait. Search for the currency you wish to withdraw and then click on it. n68 is not responsible for direct and indirect risks. 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). Now that you have set up a wallet with some SOL in it, the fun part begins. On top of that, you can use this link to open a free account at Binance. Now that youve purchased SOL, its time to withdraw them to your Phantom wallet. STEP 3: Click the Deposit button. MAKE SURE SOLANA NETWORK IS SELECTED AS THE WITHDRAWAL NETWORK, YOU ARE USING SOLANA NOTHING ELSE. By default, every user can borrow up to $100,000 from. Avoid clicking links or opening files from shady sources, whether on email or social media (a very common occurrence). The withdrawal method fully depends on your situation as a customer of Binance. There are several ways to earn RLB on Rollbit: Complete the challenges to receive RLB rewards, which are doubled for those with a Rollbot linked to their profile. Click on Save to get into the whitelist. Physically record your recovery phrase and store them somewhere safe. Select the phantom icon in the corner of the browser. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Details about the MoonStarter project and MNST coin, Instructions on how to use and create Phantom Wallet in the Chrome extension, Introduction to the features of Phantom Wallet, Instructions for withdrawing SOL from Binance to Phantom Wallet, Big Changes Ahead: SWIFT ISO 20022 Upgrade Could Shake Up Crypto, Delays In CBDC Process Put US In Trouble With Competitive Advantage Former CIA Analyst, ArbiSwap Rug Pull? Send us a message through our mobile app or website. That should get you in. You will then get 12 keywords. phantom wallet - - Solana Wallet. Finalize the withdrawal of USDC funds from Phantom by giving the amount of USDC and approve the transaction. The system will now automatically update your wallet. Good luck! After that, the app will ask for your email, where it will send a verification code. The Phantom Wallet is a minimalist wallet that's almost too good to be true. This guide will take you through 10 of the best CeFi and DeFi cryptocurrency wallets out there to keep your investments secured. 4. Spreading the word about this exciting new technology.. Can You Directly Withdraw Money from Phantom Wallet? Then log in to your Binance account and buy SOL, or any other Solana-based tokens by clicking on Trade Spot. To sell RLB immediately, you must match with an existing buy order in the order book. By signing up, you agree to our Privacy Policy agreement. Ever. Once youre done, click Continue. 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. The main reason for this is that Phantom is connected to smart contracts and runs autonomously. This might be your exchange account, your hardware wallet or mobile wallet. You have to convert it into USD somehow and then withdraw it from a centralized exchange. I can't find anything about how to do this on Google. Log in to your Binance account and click [Wallet] - [Overview] - [Transaction History] to view your cryptocurrency withdrawal record. Thus, we procured and laid down the steps that you'd have to undergo for the same: Begin by accessing your wallet account. Enter your email address Besides trading, Binance offers several other feature-rich products, including custodian wallets, crypto margin trading, lending service, and earning rewards with staking. Think of it as your Phantom bible. The consent submitted will only be used for data processing originating from this website. Now tap on your USDC funds and paste the Binance USDC address from the clipboard into the USDC Phantom recipient address. After you have saved your wallet, go back to step 4. A lottery round happens every 100 Bitcoin blocks, where 100 lucky entrants will win prizes. 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. Once you paste the address, you'll see that it automatically matches the Solana network, which means all is fine. Click connect to MetaMask and choose the account from your Metamask wallet. USDC doesnt have a fiat trading pair on Binance. 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. Phantom makes it easy, safe, and fun for everyone to explore all that Web3 has to offer. A Binance withdrawal will usually take between 30 to 60 minutes to complete. When expanded it provides a list of search options that will switch the search inputs to match the current selection. It will look something like this: 8LhTmuMGCiYNepUa7VgsPJLZNu5j4hXiCNfyKl31kWv. Crypto believer and 'Hodler' of Bitcoin since the early days. Then, in this step, start copying the wallet you created above. As of December 14th, we've implemented RLB bonuses for depositing certain NFT collections. First, you need to create an account on Coinbase or log in if you already have one. Remember that Phantom can store all kinds of SPL tokens where SOL is just one of them. 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. Make sure to purchase SOL first! It's so slim and lightweight, you won't even know it is there until you need it. This password is used to quickly unlock the wallet and sign transactions. Updated. 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. To receive the 2FA code, Tap on , 7. To transfer NFTs into Phantom wallet follow the steps below: To begin, go to the digital wallet and click the "Deposit" option. Welcome to the official Solana subreddit. The same process goes for every other token, but make sure they are Solana-based tokens as thats what Phantom currently supports. Click on 'Connect your wallet' and confirm the action within Phantom. Now enter the amount of USDC you wish to transfer or click on MAX in the Amount section. I just . However, it might take a few days, depending on where you live. How Exclusive is Creating a 3D NFT Collection? 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). With a Mexican-themed design and up to 10000x Max Win, Muertos Multiplier Megaways is sure to satisfy every player's craving for a big win. So, after a few minutes, click on the Withdrawals section. Look for the cryptocurrency you wish to withdraw and select "Withdraw". The next 3-5 years is when new industry titans will emerge, and we want you to be one of them. However, enabling these options is very safe and highly recommended. Once thats done, click Withdraw, and your funds should be in Phantom in a minute. How to Transfer Dogecoin (DOGE) from FTX to Trust Wallet, How to Transfer Solana (SOL) from Phantom Wallet to FTX. Second, it is a self-custodial wallet, which means that your private keys are encrypted and stored on your device, not by Phantom. Send it to an exchange that supports PayPal and withdraw. On top of that, Binance will send you a notification message when the USDC funds have reached their platform. Remember that crypto exchanges use custodian wallets for holding crypto and are subject to attack by hackers all the time. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Withdraw USDT via the SOL network to Phantom Wallet. Phantom has everything you need to traverse the Solana ecosystem. In general, to withdraw money from Binance to your bank account go to Fiat and Spot Wallet first. 4 [deleted] 1 yr. ago 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. The Process to Withdraw SOL from Phantom Wallet. 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You can withdraw supported cryptocurrencies from the eToro trading platform to an external wallet via eToro Money, which is a mobile app available on both iOS and Android devices. We always recommend that you do your own research before making any investment.#PhantomWallet #Solana #SolanaWallet Think of it as an account that is fully controlled by you alone instead of your bank. This is to avoid sending your funds to an unknown or nonexistant wallet. Please contact the moderators of this subreddit if you have any questions or concerns. This allows you to buy SOL right away with the current market price, which is the best method for beginners. 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. In this Phantom Wallet tutorial, I show you how to send, receive, stake and swap on the Solana blockchain. The next step will be to sell your SOL funds for money like USD, GBP, or another currency. 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. 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. In order to withdraw cryptocurrencies from your Kraken account, you must first add and confirm the withdrawal address. 1. Fiat on/off ramps for crypto heavily depends on where you're living. Phantom Wallet allows users to withdraw and deposit SOL and other crypto tokens that can be traded on the Solana blockchain network. All information in the article is from CoinCu itself and Coi and researched informationn68 is not responsible for direct and indirect risks. Once you have tapped on Wallet, you will see options such as Stake, Convert, Borrow/Lending, Deposit, Withdraw, and Subaccount Transfer. 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. Navigate to the Withdraw tab and select "Crypto to Wallet". However, the transaction might be delayed depending on the number of required network confirmations. For instance, if you want to buy SOL with BTC, click on the SOL/BTC pair. First, you need to open the extension, click Deposit, then click Buy with MoonPay. and whitelist. In general, to withdraw money from Binance to your bank account go to Fiat and Spot Wallet first. Next, you need to write down your secret recovery phrase. Phantom wallet. 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. If you have further questions you can also try to contact Binance support here. Keep it out of anyones eyes. Tokens will be added instantly to your wallet. Now open to anyone: https://t.co/Y3sK6rwkuN https://t.co/ouGDLZg7Dh, Absofriginlutely loving the @phantom wallet on Solana. A friendly crypto wallet. The first trade would be to sell USDC for BTC(Buy Bitcoin) and then sell BTC for fiat currency(USD, EUR, or any other). Click on Receive. Phantom Wallet: cannot withdraw my stake have staked with a high rated validator, checked this morning and apparently they went inactive, I tried to withdraw my stake & it would not process because of insufficient funds. Make use of the search box to find Solana (SOL). Phantom reserves the right to modify these fees, and the pairs on which they are charged, at any time in . 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Below are the necessary steps for Binance: Next, go back to your Phantom wallet, enter your password to log in, and find your USDC funds. Since we transferring SOL to Phantom Wallet, you need to tap on Withdraw. Then, paste the Phantom Wallet address that you have copied in Step 1 in the SOL Address field. If you want to buy with USDT, choose the SOL/USDT market. Exploring The Big Cosmos Opportunities In 2023: Which Trends Will Shine? Obtain the USDT withdrawal address on your Phantom Wallet. You can then withdraw the money to your bank account by clicking withdraw. Click the Withdraw button. 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). First, you need to download and install the Phantom extension, which supports Chrome, Brave, Firefox, and Edge. This includes SOL, USDT, SRM, RAY, and likely several hundreds of other tokens, as well as NFTs built on the Metaplex standard. Thank you in advanceThe content Every Bit Helps provides is not financial advice; these are simply our opinions. As the Solana blockchain processes transactions very fast its just a matter of seconds waiting before funds arrive in the Binance account. USDC is a stablecoin that can be used on many different blockchain networks. With a valuation of $1.2B and 2 million active monthly users, Phantom is considered the market leader among Solana-based wallets. Tap to paste (copy) the address into Sollet Wallet to withdraw it. Once claimed, your Rollbot will be locked into staking until January 1st, 2022. As such, this should not be treated as explicit financial, trading, or otherwise investment advice. Phantom is a digital wallet reimagined for DeFi, making it safe Enter the search field for the type of coin or payout token as SOLANA. Save my name, email, and website in this browser for the next time I comment. . RLB is built on top of Solana, so you'll need the Phantom wallet to get started. Here in this read, you will learn the way to withdraw SOL tokens from thePhantom Wallet. Your balances will be then displayed on Dexlab. EDIT: please answer in this thread, not by DM. This password is used to quickly unlock the wallet and sign transactions. Then, enter the withdrawal password and the 2FA Code. 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. The Phantom Wallet provides SOL storage, transfers, staking, and exchange using the built-in exchange. Definitely yes! Next, click Continue. Phantom wallet - A friendly Solana wallet. $SOL, Turn your favorite browser into a Web3 enabled crypto wallet. 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My name, email, and exchange USING the built-in exchange learn more about RLB, check out the!... To enter the withdrawal password and the 2FA code, click on, 7 the keyboard.! To modify these fees, and then withdraw the money to your bank account exchange account, can... The whitelist in your Binance account of $ 1.2B and 2 million active users! A notification message when the USDC funds from Phantom to a major cryptocurrency exchange cash... Browser for the cryptocurrency you wish to withdraw it from a centralized exchange, where it will send a... Directly withdraw money from Binance to your bank account and runs autonomously link open... Usdc natively as well as SOL itself of course whitelist in your for... The order books ETH - Ethereum in this step, start copying the wallet and sign.! Your data as a customer of Binance wallet or mobile wallet set up wallet... Swap on the SOL/BTC pair password and the pairs on which they are charged, at any in! 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