Phantom wallet Extension — Crypto & NFT Wallet — Solana | Ethereum | Polygon

Phantom- a name relating to the crypto world. It is a crypto wallet that facilitates investors with all the features that are required for fund management. Equipped with advanced wallet management services, this wallet has grabbed the attention of several investors. 

After the mobile app, the Phantom wallet extension is getting popularity with every passing day and investors are raising concerns relating to it. Even after being engaged in the crypto trade operations, some of the investors are still unaware of the extension’s mechanism.

Thus, to provide them clarity over the functioning of the extension and the fundamental processes relating to it, we have crafted this read.

Like other wallet extensions, the Phantom wallet extension also allows the investors to perform a comprehensive study of all the wallet operations, and market fluctuations, and take decisions accordingly. Users can anytime monitor every single action that they have taken in the past anytime. Extensions are the medium that allows users to operate their wallets using a computer/laptop. However, the option to run the wallet through its mobile app also rests with the investors. To explore more about the wallet features, and mechanism, refer to https://phantom.app/.

Appealing attributes

• Easy access

• One wallet, multi chains

• Build your own NFT portfolio

• Equipped with advanced Web3 trading tools

• Early detection of scams/online threats

To facilitate users with the multiple pathways for getting the wallet has been constructed. While designing different route maps, special emphasis is laid on the platforms i.e. some users prefer to operate their wallet via an app while others manage their funds through a computer/laptop. 

Thus, considering this factor in mind, the developers come up with the following download options.

• Phantom app download on Android

• Phantom wallet on iPhone

• By way of supported web browser extensions. The web browser extensions supported by this wallet are:

• Google Chrome

• Brave

• Microsoft Edge, and

• Mozilla Firefox

It is said that registration is the first step that individuals need to follow for accessing the trade options of that wallet, but is this really true?

What is your opinion regarding it?

No, it's not the first step. Yeah, you might find this quite awkward but the very first step that investors need to perform is either the installation of a browser extension or downloading a mobile app.

Thus, we will first learn the steps that are involved in installing the Phantom wallet extension. For your reference, we are here going to shed light on the installation steps of its Chrome extension. 

1. Open your preferred web browser and in its URL box type https://phantom.app/download

2. From the displayed extension option, tap on the Chrome icon (or any other depending on your preference)

3. Doing so will take you to the extension installation page, click on “Add to Chrome”

4. Finalize your installation decision by clicking on “Add Extension”

The process to download Phantom wallet extension for Firefox is somewhat similar to the one that has been explained above, especially the initial steps. But, what you’ll have to take care of is to get an extension installed on your device from the official website of the wallet

If you don’t have a Phantom wallet, and you are new to this world, then you first need to create a wallet in your name. 

The steps that are to be practiced in such a case are:

1. On completion of the installation, Phantom will start on a new tab

2. From the displayed page, click on “Create a New Wallet”

3. Ahead, create a strong password to secure your wallet data and confirm the same

4. Agree to its “Terms of Service” and then click on “Continue”

5. The wallet recovery phrase will then get displayed on the next page. Attentively make a note of it somewhere safely

6. Perform the on-screen instructions to secure your seed phrase and then click on “Continue”

7. Read the shortcuts to access the wallet on the next page and then tap on “Continue” to move ahead in the journey

8. You’ll then reach the last step of the process, hit on “Finish”

Already have a Phantom Wallet? -  get it imported

In a few situations, some investors already have a wallet in their name. For those investors who are already having a wallet in their name, they need not to create one, rather they can simply import their existing wallet using the seed phrase. 

1. On the extension welcome page, select “I Already have a Wallet”

2. In the provided space, accurately mention your wallet seed phrase (for restoration of the wallet data)

3. Follow the prompted action to complete the process

Phantom wallet login: the last level to cross

Created a wallet or imported one successfully?

Great… now comes the last level that you’ll have to cross for entering the crypto world -  the login.

Simple to perform this process involves a couple of actions and they are:

1. Tap on the installed Phantom Wallet extension 

2. On the asked page, enter the Phantom wallet login credentials accurately

3. Adhere to the on-screen instructions/guidelines to get into your Phantom wallet

Lead the crypto trade by staying at the top of the financial news

Yes, getting the daily updates relating to the crypto trade you are involved in is of utmost importance, if you really want to conquer this trade world. Further, you need not to go somewhere and gather daily news, instead, you can get a subscription.

Here are the actions that you need to perform to complete the sign-up process to get crypto news. 

1. Scroll down the official website of Phantom

2. At the bottom of the page, you’ll find a box labeled “Enter your Email Address”

3. Mention a valid email ID and tap on “Sign Up”. Complete the on-screen instructions to get yourself enrolled in the newsletter

Maintaining wallet security is not rocket science, if you have inculcated some healthy trade habits. And, if not then it's never too late to learn something or practice it. So, before you face any adverse safety threats, learn and build up the following safety habits:

• Never disclose your wallet seed phrase to anyone

• Learn ways to secure your OS

• Activate auto-lockout timer

• Frame a vigorous password for your wallet

• Evade accessing files received from unknown/suspected parties

• Try storing funds with hardware wallets

• Try to create two wallet accounts. One to perform daily trade operations, and the second for storing the funds

Phantom wallet extension provides users with a simplified and comprehensive solution through which users can get a clear picture of all the market movements along with keeping their identity behind the veil. Depending upon your convenience, you can choose either of the medium to access your wallet but before making any move, remember to perform your investigation. Moreover, in case of any query, visit the customer support team of the Phantom wallet.