The Phantom wallet is the Solana ecosystem's MetaMask counterpart because its primary goal is to greatly simplify the process of managing private keys for DeFi projects within the Solana network. To transfer NFTs into Phantom wallet follow the steps below: To begin, go to the digital wallet and click the "Deposit" option. To transfer Solana (SOL) from FTX to Phantom wallet, you need to first copy the Phantom Wallet address. If it's a sign of what's to come, Solana UX will dwarf Ethereum. [emailprotected] is everything I've ever wanted from a web wallet. RLB is currently listed on Dexlab, where you can trade RLB for USDC, and more exchange listings will happen in the near future. Phantom has everything you need to traverse the Solana ecosystem. Also, for each day in December, one lucky person will also win a Rollbot! Physically record your recovery phrase and store them somewhere safe. Your username and password for the eToro Money app will match your trading account's login credentials. Paste the withdrawal address on the platform of your choice. Go to sell, enter the price found at the best bid (that is the buy order with the highest price in the order book) and the amount of RLB you want to sell. Lets explore some of them. To do that you need to head over to the top part of the site and click Wallet Overview. Each Solana compatible token stored on Phantom can be managed through the Solana network. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Since RLB is deflationary, you may want to split your holdings into two parts: To withdraw your balance from Rollbit, first copy the RLB address from your Phantom wallet. Double-check if every info is correct, especially the wallet address, then hit Send now. Make sure you have enough SOL to pay for fees. Go to the 'Deposit' button, then select 'Withdrawals' and choose 'Rollbit Coin (RLB)'. Search for USDC and on it, click Withdraw to the right. Manage Settings The Phantom wallet is a significant factor in the decentralized Solana ecosystem. You'll also need to add the SOL token (which will be necessary to pay the transaction fees when sending RLB). Sign in with your login credentials or you can even sign in with your Apple or Google account. Send us a message through our mobile app or website. In other words, to get money out of my Phantom wallet you need a centralized crypto exchange like Binance. First, you need to open the extension, click Deposit, then click Buy with MoonPay. Enter the Withdrawal Password and Complete the 2FA, Then, enter the withdrawal password and the 2FA Code. The same process goes for every other token, but make sure they are Solana-based tokens as thats what Phantom currently supports. At this point, you have two choices. After you have selected the type of coin / token to be withdrawn, you will switch to a new tab. However, to accomplish this an additional verification step is required. So you can either swap it to USDC or send SOL to an exchange and sell it there (I'd do the latter as it's probably slightly more price efficient). Most withdrawals are processed in much lesser time than we estimate :) For security reasons, we store most funds in a cold wallet. Step 3.2 Create a password. A very logical next step would be to trade your USDC for crypto or fiat money. FORGET BSC AND ETHEREUM, YOU ARE USING SOLANA. USDC is a stablecoin that can be used on many different blockchain networks. You have to convert it into USD somehow and then withdraw it from a centralized exchange. 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. If the [Status] shows that the transaction is "Processing", please wait for the confirmation process to be completed. The deposit will be confirmed shortly after and the RLB will be credited to your account. Go to the Phantom and copy your wallet address. If you already have a Sollet wallet, you can restore the wallet and select Use secret recovery phrase. If you are a US resident, visit the FTS.US website. Need to reach us? After installation, click on the Phantom icon in your browsers Extensions to run the program. How Exclusive is Creating a 3D NFT Collection? Phantom makes it easy, safe, and fun for everyone to explore all that Web3 has to offer. GUIDE: How To Buy Synapse(SYN) on Binance, How To Withdraw From Petra Wallet To Bank Account, Win $50,000 in ACS tokens on Kucoin Exchange, NEW: Integrated Transfer Ethereum(ETH) From Binance to Trust Wallet(No QR code/copy-paste), GUIDE: How to Use Phantom Wallet on Instagram, How To Withdraw ALGO coins From Binance to Trust Wallet, GUIDE: How To Buy Algorand(ALGO) on Binance, How To Withdraw EGLD coins From Binance to Trust Wallet, GUIDE: How To Buy MultiversX(EGLD) on Binance, How To Withdraw NEAR coins From Binance to Trust Wallet, GUIDE: How To Buy Near Protocol(NEAR) on Binance, How To Withdraw APT coins From Binance to Trust Wallet, 7 Most Promising 'NEW' Coins on Binance for 2023, Know what to do before making crypto withdrawals, Best alternatives to transfer and swap crypto for , Upload official documents(passport, identity card, driving license, or else), Take pictures of both sides of the document, Finally, copy SOL address to the clipboard, Create an account at a centralized crypto exchange(like Binance), Start the withdrawal process to your linked bank account, Receive money directly into your bank account. Last modified 2d ago. As I'll touch on later, relayers and dispatchers allow users to have seamless interactions as they would with any normal "web2" application. I have wallet like below, Here is the instruction to withdraw Coin SOL from the Binance exchange. Next, the app will ask for your basic details, including your full name, date of birth, nationality, and address. Phantom Wallet. Phantom is a digital wallet reimagined for DeFi, making it safe The withdrawal process is very similar to that mentioned above just make sure that you use the Solana network! To receive the 2FA code, Tap on , 7. Your balances will be then displayed on Dexlab. Creating a wallet will also require a series of steps. We never have access to any of your data or funds. The wallet is already available in a browser extension that can be used to manage digital assets and access decentralized applications on the Solana blockchain. Now you can view all your holdings in the Binance Account. You'll then be able to send RLB to exchanges. MODS or Community Managers will NEVER DM you first regarding your funds/wallet. 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? How to withdraw funds. It took 2 minutes for us to receive SOL on our Phantom Wallet. If you already have an account on crypto exchanges like Coinbase or Binance, it might be better to buy SOL there. Youre done. More information on how to use Binance P2P portal here. On the mobile app, this tab can be found at the very bottom of the interface. Besides supporting all cryptocurrencies and NFTs that run on Solana, Phantom boasts a ton of other worthwhile features. You can then withdraw the money to your bank account by clicking withdraw. Once you have entered the withdrawal password, you will need to enter the 2FA code. and whitelist. USDC doesnt have a fiat trading pair on Binance. 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. Input the amount you wish to spend in the given field, and then click Buy SOL. Then, to withdraw, follow these steps: Sign in to your Kraken account and navigate to Funding. On top of that, the Phantom wallet is using a decentralized environment and you(the user) are in full control of all assets. Now, a list of crypto tokens will appear. Phantom Wallet allows users to withdraw and deposit SOL and other crypto tokens that can be traded on the Solana blockchain network. Transfering SOL from Binance to Phantom wallet is a simple task. Enjoy your profits and dont forget to share this guide if it was helpful . Thank you in advanceThe content Every Bit Helps provides is not financial advice; these are simply our opinions. The plan you might have is to swap USDC for the money you need to send your USDC funds from Phantom to Binance here. Step 3: Securely back up your 12-word recovery phrase. Never share your private keys with anyone (and I mean anyone!). As of December 14th, we've implemented RLB bonuses for depositing certain NFT collections. Solana(SOL) is the currency being used to handle transactions and can also be stored, staked or sold within the Phantom wallet. Go to either https://trade.mango.markets/ or https://magiceden.io/, whichever you prefer. From here, you'll be able to see your total Dapper Balance including both your withdrawable and non-withdrawable balances. You can also check the recent transfer on your Phantom Wallet. Phantom supports all tokens built on the SPL standard, which includes all assets that run on the Solana blockchain. Currently, only the wallet's browser extension is supported, thus, users must use a desktop device to link their Phantom wallet to our platform. The main reason for this is that Phantom is connected to smart contracts and runs autonomously. Also, it has millions of cryptocurrency traders using its platform on a daily basis. After thorough cleaning with the mild wash formulation CustomWash and subsequent polishing with Acryshield S, you have prepared the surface for the wax. Once you paste the address, you'll see that it automatically matches the Solana network, which means all is fine. The first trade would be to sell USDC for BTC(Buy Bitcoin) and then sell BTC for fiat currency(USD, EUR, or any other). The Process to Withdraw SOL from Phantom Wallet Make sure that you have linked a bank account with your wallet and follow the steps that are given below: Open Phantom mobile app or. If you want to cash out USDC you need a third-party exchange like Binance or Coinbase. Successful wallet creation. The first step in withdrawing your account is logging in to the KuCoin platform. Additionally, Phantom wallet acts as a simple browser extension(Chrome, Brave, or Firefox) and therefore turns your browser into a crypto wallet. Your private keys are encrypted on your device by your password and are never shared with anyone. Phantom Wallet Tutorial: How to Send, Receive, Stake & Swap on Solana Every Bit Helps 146K subscribers Subscribe 2.1K Share 169K views 1 year ago Cryptocurrency Wallets - Reviews & Tutorials. You can also make use of a secured internet connection and do not use public WiFi networks. You can stake SOL directly on Phantom by clicking on the SOL token in the app, and then clicking Start earning SOL. Also, you might have some crypto funds(like USDC) in your wallet and want to cash out USDC from Phantom. Protect your assets on the go with the convenience you expect. However, if you want to withdraw your funds through a withdrawal process, can you directly do it? Remember, you need SOL to be able to move funds across the Solana blockchain, so this should be the first asset you deposit. Select the specific cryptocurrency you are withdrawing with the currency selector. Create an account to follow your favorite communities and start taking part in conversations. 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