Download Phantom Wallet Extension for Desktop and Mobile
Phantom Wallet Extension is an advanced cryptocurrency wallet that offers customers a safe and smooth way to manage their digital assets. It was created specifically for the Solana blockchain.
Phantom Wallet Extension, which was developed with the goal of making decentralized finance (DeFi) on the Solana network easier to use, has become well-known for its reliable functionality and friendly UI. Phantom is an extension wallet that works with web browsers to facilitate seamless interaction with decentralized applications (DApps) and easy management of Solana-based assets by users.
Phantom Wallet Extension uses cutting-edge encryption methods to safeguard private keys and sensitive data, placing a high priority on security. Phantom extension has grown to be the preferred option for cryptocurrency enthusiasts looking for a dependable and effective way to navigate the decentralized Solana blockchain, thanks to its user-friendly design and dedication to privacy.
How to create a new Phantom wallet?
Phantom Browser extension:
Choose your browser type by going to https://phantom.app/download. Installing Phantom on your browser is as simple as following the instructions in the store. Phantom start-up should appear in a new tab after installation.
Choose "Create New Wallet" and set a password if you are a first-time user. If you are already a registered user, all you need to do is select "I already have a wallet" and input your seed phrase to get your wallet back.
Click "Continue" after entering the password.
Getting your wallet solely requires you to keep your "Secret Recovery Phrase" in a safe and secure place. Nobody on the Phantom team will ever ask you for this phrase. Your money is accessible to anybody who interprets this phrase.
After securing your seed phrase, click "Continue".
You may quickly launch the Phantom app by using the keyboard shortcuts found in the following step. To move forward, select "Continue."
Look for the Phantom symbol in the toolbar of your browser. You should now be at the last step of onboarding. It will be located in the upper right corner of your browser if you are using Chrome. If it's not visible, search for a "puzzle piece" icon and click it to view the list of extensions that are installed. Phantom should be located there; click the "pin icon" to make it easier to find in the future.
How to Download Phantom Mobile app:
Go to https://phantom.app/download and choose the app store based on the kind of device you have (iOS or Android). The Phantom program will appear in the app store on your smartphone; simply follow the instructions to download and set it up. Once installed, use the application to see the Phantom onboarding screen, where you can create a new wallet.
To safeguard your wallet from unwanted access if you are a first-time user, choose "Create a new wallet" and enable device authentication (which varies depending on the type of device). To recover your wallets if you are an existing user, choose "I already have a wallet" and input your seed phrase.
The only chance to get your wallet back is to keep your "Secret Recovery Phrase" in a safe place. We will never ask for your seed phrase, and the Phantom team does not have access to it! Your wallet will be permanently in the hands of anyone who obtains access to your seed phrase!
Importing Your Existing Wallet into Phantom Extension
How to Import a Secret Recovery Phrase:
Click on the Wallet Menu.
Select Add/Connect Wallet.
Click on Import Secret Recovery Phrase.
Enter your secret recovery phrase and follow the prompts.
How to Import a Private Key:
Verify that you are using the correct private key format for your chain (Solana/ETH/Polygon). Your private key will only import a single account.
Click on the Wallet Menu.
Select Add/Connect Wallet.
Click on Import Private Key.
Choose a name > Select the network from the drop down > Enter the private key.
How to deposit ETH, MATIC and SOL in my Phantom wallet extension?
Retrieve your deposit address!
Step 1: Click or tap the "Deposit" button after opening the Phantom app or launching the Phantom wallet extension on your mobile device.
Step 2: To see the deposit address and QR code for ETH, MATIC, or SOL search for them and choose the token.
Step 3: To copy the deposit address, click the "Copy" button. If someone wants to scan the QR code while transferring assets from their wallet to yours, you can always use it.
Sending digital assets to your Phantom wallet
Step 1: Go to your exchange (Binance, Coinbase, etc.) and look for the "Withdraw" or "Send" buttons for your ETH, MATIC, or SOL.
The "Wallet" or "Assets" sections of the exchange, as well as the website where you bought the token, are usually where you may discover this.
There may even be a dedicated "Send & Receive" page!
Step 2: The store address from your Phantom wallet should be reordered into the location field on the exchange withdrawal screen.
Step 3: Proceed with the withdraw or transmit procedure after entering the desired amount and validating the network.
How to Disconnect Phantom Wallets Extension from dApps?
By connecting your wallet to a decentralized app (dApp), you are effectively giving the dApp access to your wallet's data, including its address, the tokens it holds, its transaction history, and the power to start new transactions.
When the wallet is disconnected, read-only access is removed, making it impossible for dApps to view your wallet's contents or start transactions.
The procedures for disconnecting the wallet from all linked dApps are as follows:
Click on the hamburger menu and select the settings icon
Then, scroll down and select 'Connected Apps.'
Lastly, in the top right corner, select the 3 dots and click 'Disconnect from all.'
Just choose the app from which you want to reconnect and disconnect from it. You can disconnect by swiping down to see the option. Should you be utilizing the browser extension, you will need to uninstall each dApp separately.
Even if you disconnect the wallet, whatever token approvals or smart contract allowances you have already granted to them will remain in effect. As a result, before connecting to any dApps or providing them any access, you must be very confident about both.
How to Stake Solana on Phantom Wallet Extension?
To view the Solana token balance in your wallet, click on it.
After that, press the "Start earning SOL" button.
Select a validator after that to stake with. Look at which validator I should place my bet.
Click "Stake" after selecting an amount!
Click on "Your stake" to view the status of the staking accounts.
How do I unstake on Phantom Wallet?
In your wallet, click the Solana token balance.
Switch the row "Your Stake"
Select the staking account or validator that you want to unstake with.
To the bottom right, click the purple "Unstake" button.
How to use your Ledger Nano hardware wallet?
Connect your Ledger to Phantom Wallet Extension
Confirm that your Ledger is on the home screen, unlocked, and connected to your computer.
Next, launch the Phantom Wallet extension that you just installed. To access the account switcher menu, click the hamburger icon located in the wallet's upper-left corner.
Select "Add / Connect Wallet" by clicking the "+" button.
Next, select "Connect Hardware Wallet" from the menu.
Phantom will recognize your Ledger device, and a new tab will open.
These steps should be the end of it! Return to Phantom extension to see your assets. Now, you may use your Ledger device to interact with Solana, Ethereum, and Polygon dApps by sending or depositing money using the Ledger accounts you've connected to the networks you choose.
How to use the Instant Sell feature to sell NFTs on Phantom Wallet?
To view all of the specifics of your offer, including the marketplace, projected fees, estimated profit/loss, and other useful data, click the banner. Click to accept if you think the offer is good. That is all. That's how NFTs are sold via Instant Sell.
How to Reset Phantom Wallet App?
To reset the app, go to Settings > Security & Privacy > Reset app.
The app will show you an onboarding screen after the reset. You can import your previous wallets using a seed phrase, or you can create a new wallet.
Conclusion
Phantom Wallet Extension stands out as a user-friendly and secure solution for managing cryptocurrency assets. Its intuitive interface, robust security features, and compatibility with various blockchain networks make it a reliable choice for both beginners and experienced users seeking a seamless and efficient decentralized finance experience.