Phantom Wallet- A friendly Solana wallet built for DeFi & NFTs

Phantom wallet is a digital crypto wallet that is easily accessible through the web or its recently launched mobile apps. The wallet is completely free to use and is compatible to work through both Android and iOS mobile devices as well. The wallet majorly works on the Solana blockchain but now it is looking ahead to spread its wings by adding Ethereum and Polygon to its work. 

In this document, we will be looking at the fundamental details relating to the working of this wallet and the reasons why should one pick up this wallet for his crypto trade and investment journey.

To ensure that crypto investors don’t face any kind of hurdle in reaching the Phantom wallet, alternate ways were introduced for the investor’s convenience. Coming directly to the options available for investors to use this wallet are laid underneath. Have a look at them:

• For mobile devices: The wallet is available in the inbuilt software app mobile store. The mobile app of this wallet https://phantom.app/ is available on all mobile devices i.e. Android and iOS as well. Just get into your mobile’s app section and search for this wallet and move ahead to download the same on your mobile devices.

• For the web: Users can access this web3 crypto wallet through their web browsers. Some of the reputed web browsers supporting the working of this wallet are Chrome, Brave, Firefox, and Edge.

Some of the recorded reasons that justify the question of why should one go with this wallet have been briefly covered here. Give a check to them:

• Simple interface

• Supports NFTs

• Compatible with hardware wallets such as Ledger

• Holds up SOL staking

• Enables token swapping

• Easy approach

After having a glimpse of the Phantom wallet and the approaches available to access this wallet, if you have decided to start using this wallet for managing your crypto funds, and for executing further related trade actions and activities, then the very first thing that you need to have is a wallet account in your name. 

Are you at a sea of how to create a wallet account?

No worries, we are here to show you the right path. Simply, adhere to the steps provided under to get an account encountered in your name via the web. 

1. Download and install any of the valid extensions first, to access the wallet

2. Once the installation is completed, open it by clicking on https://phantom.app/ the puzzle icon placed next to the search bar of your browser and click on the icon of Phantom wallet

3. Proceed ahead to create an account, click on “Create a New Wallet”

4. On the following page, the Secret Recovery Phrase (SRP) will get displayed

5. Note down the SRP somewhere or copy the same by clicking on the “Copy” icon below the SRP> “OK, I Saved It Somewhere”

6. Now, create a unique password for your wallet

7. Reconfirm the same by typing it again in the “Confirm Password” space

8. Mark a tick in the box before the “Terms Of Service”> click on “Next”

9. The next page will guide you with a shortcut key for opening the wallet i.e. “Alt+Shift+P”

10. Hit on “Continue” 

11. On the successful execution of all the actions, a page will be then appear showing the message “You’re All Done!”

12. Tap on “Finish” to end the process

With this, you have successfully created a wallet account in your name. You can now perform any of the functions such as a stake, swapping, buying NFTs, and navigating the Solana ecosystem from DeFi.  

Undoubtedly, you can now perform plenty of crypto activities by holding an account but this is not a single process that you’ll have to perform.  Every time you want to perform any crypto trading activity, you need to get into the account and this can be done by going through the sign-in steps.  

Thinking of how to do that? 

Just give a quick peep into the steps laid under:

1. Reach the authentic sign-in page of the wallet

2. Enter the password and other asked login credentials

3. Continue to complete the promted actions to get into the account

Great!! This way you will get into your wallet. Just ensure that you are providing the correct login details to eliminate hurdles on your way. 

Phantom wallet is now working on making improvements and becoming compatible to work on multi-chain. Emerged as a wallet to work on the Solana blockchain, it has now decided to add Ethereum and Polygon to serve a large user base. You can take a whirl at it to get an amazing trade experience.