Download Phantom Wallet Extension | Official Website
Finally purchased some SOL tokens and was wondering where to store them??? Look no further than the best-ever Solana wallet, Phantom. Yes, a lot of crypto traders will recommend you to use this wallet, especially when it comes to safeguarding any Solana blockchain-based crypto asset. Well, using the Phantom extension is one of the best choices, if you are concerned about the safety of your assets.
Wondering why???
Allow me to explain more about this wallet in a very detailed manner and help you get started with it later on.
A quick introduction- What is Phantom Wallet?
Built for the safety of virtual assets, Phantom is a Solana-based crypto wallet allowing you to store and Stake your SOL. But, do you know the best part about this wallet??? Well, you can actually add some additional networks (Polygon and Ethereum) to it and viola, you can make it more efficient to use.
Sounds great. Isn’t it??
At its core, this is a non-custodial wallet that eventually allows you to manage your private keys and interact with the Defi economy. Not only that, the Phantom extension works great with NFTs as well.
Key traits and features of Phantom extension
Without knowing the key features of the wallet, you won’t be able to decide if this extension is right for you. So, let’s take a glance at some useful features of the wallet right away-
Multi-chain support: If you think the Phantom wallet extension lets you interact only with the Solana blockchain, you are wrong. The wallet also supports Ethereum and Polygon networks.
Stake SOL: The wallet has features allowing you to stake your SOL tokens and earn great rewards on your holdings.
Hardware wallet sync: Yes, the Phantom extension can easily be integrated with the Ledger hardware wallet for increased efficiency and security.
Security: When it comes to Security, nothing could beat the security it offers to its users at multiple levels. Whether you are making transactions, storing, and staking your funds, it has got you covered.
Where to get the Phantom extension from?
If you have made up your mind and finally decided to install the Phantom wallet extension, it is a must that you should know where to get it from. Since there are numerous phony websites and platforms that allow you to install the extension, using an authentic website is always recommended.
Does it make sense???
Well, to avoid any chances of phishing scams, make sure you download the Phantom extension from authentic sources. And there could not be a better platform than the official website which goes by the URL https://phantom.app/download or you can simply click on the “Download” button present on the homepage.
Well, you can also use the Google Play Store or Apple App Store to get the wallet app on your mobile device. But, do not forget to check the number of downloads in this case.
Add the Phantom extension on Chrome and other browsers
Specifically talking about Chrome, there are two ways to add the Phantom wallet extension on your browser. One way is to open the Chrome web store and get the extension from there. Else, follow the steps listed below:
Make your way to the https://phantom.app/ webpage
When you spot the “Download” button, select it
Choose your browser- Firefox/ Chrome/ Brave/ Edge
Follow the prompts based on your browser type
Chrome users can simply select the “Add to Chrome” option
Finish off the process by choosing the “Add extension” button
Is Phantom extension supported on Safari browser?
Unfortunately, there is no direct way to get the Phantom Wallet extension on your Safari browser on Mac. But, dear readers, don’t get disappointed, there is an alternate way you can get the extension.
You heard me right...
People having Mac devices can first install the Chrome web browser, which is a very easy process. Afterward, they can add the Phantom extension to their Chrome browsers.
Is Phantom extension free to add?
Released in 2021, the Solana-friendly extension can be added to different browsers without paying any cost. Apart from allowing you to store SOL tokens, you can also use this wallet to store a wide range of crypto assets including Polygon, Bitcoin, and BRC-20 tokens. Currently, the extension can be added to different browsers as listed below:
Chrome
Brave
Edge
Firefox
Why is my Phantom extension not working? How to fix it?
Oh oh... You seem to have an issue while using the Phantom Wallet extension. Well, if that is the case we’ll get you going right away. Alongside helping you find the main culprit responsible for the issue, we’ll help you eliminate those problem-causing factors.
So, stay tuned...
Older version of extension- Yes, this is one of the biggest reasons why you’re not able to use some specific features or all the features of the Phantom extension. So, go and get the latest version.
Gas fee- If your problem relates to a particular transaction, then the gas fees you have set could be a problem. So, try and adjust the gas fees a little higher than this time and the transaction process will speed up.
Issues with browser/device- if none of the above, there must be a problem with the browser or the device you are using. Fix its internet connection or update the browser/device to its latest version.
Not using an in-app browser- if you are not able to access a dApp using Phantom, there are high chance that you are not using the in-app browser of the wallet.
Closing discussion:
Apart from staking and swapping your crypto on the Phantom extension, you can also use it in multiple other ways. For example, if you want to pin, hide, burn, or list your NFTs, this is the best place to be. Being a self-custodial wallet, it does not require your personal information such as name, email address, or phone number.
In short, it is your gateway to navigate the crypto world freely without revealing your identity at any step.
Frequently Asked Questions
What is a phantom extension?
Phantom wallet extension is one of the most popular ways to store your virtual currency safely. The extension is available for Chrome, Firefox, and other such browsers. This non-custodial wallet allows you to interact with Solana Network in a very easy way.
How safe is the Phantom extension?
When it comes to storing crypto-assets built on the Solana blockchain, the Phantom extension is counted as the best choice. Currently, there are millions of Phantom wallet users globally which itself is proof that it is a safe extension.
How do I create a Phantom extension?
First, you need to install the Phantom Wallet extension or its mobile app via https://phantom.app/download. When you have the extension/app, you can pick the option to “Create a new wallet” following which you need to set up a login password and backup the provided secret recovery phrase.
What are the cons of the Phantom wallet extension?
Just like any other software wallet, the Phantom wallet also comes with security risks. If you do not safeguard your Secret Recovery Phrase, you are likely to become a victim of phishing scams. Additionally, the wallet relies on third-party integration to offer you some services which could be risky at times.