Evan, the founder of Metaroids, is an OG crypto enthusiast and content creator who has explored the world of blockchain, AI, and other cutting-edge tech for nearly a decade. A MoonPay window will open, where you can input the amount you want to spend and the crypto you want to buy. Last modified 4d ago. Type above and press Enter to search. If not, you still have the MoonPay option. When buying RLB, you'll need to match to the best offer (the sell order in the order book with the lowest price), as shown below. If not, that means that the blockchain is congested, which happens sometimes. After clicking on Withdraw, the Withdraw SOL window will appear. Verify all information and confirm the transaction. Additionally, Phantom wallet acts as a simple browser extension(Chrome, Brave, or Firefox) and therefore turns your browser into a crypto wallet. Stake, Convert, Borrow/Lending, Deposit, Withdraw, 5. But fret not, this wont take long. In this Phantom Wallet tutorial, I show you how to send, receive, stake and swap on the Solana blockchain. Open KuCoin and scroll down to find the log-in button. We try to process the withdrawals as soon as possible. Scroll down and click on Settle, then confirm the action within Phantom. To learn more about RLB, check out the whitepaper! Below are the necessary steps for Binance: Next, go back to your Phantom wallet, enter your password to log in, and find your USDC funds. Go to either https://trade.mango.markets/ or https://magiceden.io/, whichever you prefer. Get into the SOL balance on the platform. This doesnt mean that you shouldnt use Phantom. The Phantom Wallet provides SOL storage, transfers, staking, and exchange using the built-in exchange. Let us look at some of the key features of the Phantom wallet.. Phantom is a non-custodial browser plugin and cryptocurrency wallet that . located in the top center of the Phantom wallet application. Next, enter the withdrawal password and complete the 2FA. However, to accomplish this an additional verification step is required. The plan you might have is to swap USDC for the money you need to send your USDC funds from Phantom to Binance here. As the Solana blockchain processes transactions very fast its just a matter of seconds waiting before funds arrive in the Binance account. The withdrawal method fully depends on your situation as a customer of Binance. Phantom is decentralized and anonymous, which . A beautiful home for all your NFTs Earn SOL with a couple clicks Lightning fast swaps, super low fees Use all your favorite Solana apps For cashing out USDC for money you need to fulfill some extra steps on Binance first. As a result, its necessary to send your funds from Phantom to a major cryptocurrency exchange to cash out from crypto. Spreading the word about this exciting new technology.. Can You Directly Withdraw Money from Phantom Wallet? How To Devnet Wallet Offer | How To Make Money Online | How To Income Money From Online | How To Student Earn Money Online Bd | How To Online Income Site. This password is used to quickly unlock the wallet and sign transactions. [emailprotected] is everything I've ever wanted from a web wallet. You should receive your SOL in a minute. Just make sure that you have received the Solana funds by going to your wallet on Binance. Since we transferring SOL to Phantom Wallet, you need to tap on Withdraw. Unfortunately, there isnt a direct way to transfer your funds from Phantom to an external bank account. to save this key phrase in another file. Then click on Market, instead of Limit and Stop-Limit. Then, paste the Phantom Wallet address that you have copied in Step 1 in the SOL Address field. Download Watch Available on iOS, Android, Chrome, Brave, and more! How to Transfer Dogecoin (DOGE) from FTX to Trust Wallet, How to Transfer Solana (SOL) from Phantom Wallet to FTX. How to cash out from Phantom Wallet? First, you need to open the extension, click Deposit, then click Buy with MoonPay. A Phantom wallet account can be created by following these steps: 1. Press Esc to cancel. Address: Road Town, Tortola, British Virgin Islands. Withdraw USDT via the SOL network to Phantom Wallet. Spread funds across multiple wallets, especially if you have large holdings. 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? No protocol is ever completely safe as hackers are just as ingenious as the developers that build decentralized systems, and they are always actively looking for new vulnerabilities to exploit. In this guide, we'll show you how to deposit and withdraw our own cryptocurrency built on Solana, Rollbit Coin (RLB). To receive the 2FA code, Tap on , 7. Please enter your username or email address to reset your password. If you want to buy with USDT, choose the SOL/USDT market. Now tap on your Solana funds and paste the Binance SOL address from the clipboard into Solanas recipient address. How To Withdraw From Phantom To Bank Account Again, when you want to withdraw money from Phantom wallet by starting a money transfer process, you need to send your funds elsewhere. However, the team plans to introduce support for Ethereum and Ethereum-based layer-2 protocols and sidechains, such as Arbitrum, Polygon, Plasma, etc. Afterward, Click on Withdraw, which will direct you to the withdrawal page. Withdrawal hold Certain deposits, such as first time ACH purchases, debit or credit card purchases or digital wallet purchases will trigger a temporary (72 hour) withdrawal hold on the account, for security purposes. Tokens will be added instantly to your wallet. For that, you need to download and install Ledger Live on your device and install the Solana (SOL) app, which can be found in the catalog. No, Phantom cannot hold or use ETH at the moment. 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. Currently, only the wallet's browser extension is supported, thus, users must use a desktop device to link their Phantom wallet to our platform. After clicking Add Withdrawal Address, a search box will appear. A friendly crypto wallet. USDC is a stablecoin that can be used on many different blockchain networks. With this in mind, the Phantom wallet is one of the available tools on Solana to use. The next step is to create a new account or import an existing account. Email us: [emailprotected]. Formalized my thesis on Web3 wallets: the keys to your kingdom In my most recent Substack, I explain how wallets are fundamentally important to Web3: Phantom is a browser wallet (similar to MetaMask) allowing you to store, send and receive the Solana network's native cryptocurrency SOL, as well as other tokens on the network such as RLB, USDC, SRM, ATLAS, and so on. How do I check the transaction status on the blockchain? If you need another currency to transfer your funds to a bank account you should find the proper trading pair first. Make sure that you have linked a bank account with your wallet and follow the steps that are given below: In short, SOL tokens can be traded on the Solana blockchain network with the help of Phantom Wallet. At the bottom of the mobile screen, you will be able to see multiple options, including Home, Markets, Trade, Wallet, and User. Make sure to type the use the correct password or seed phrase details while accessing yourkraken loginwallet. 3. 2. Phantom Wallet allows users to withdraw and deposit SOL and other crypto tokens that can be traded on the Solana blockchain network. How to do this? Select the 'Transfer' button below your balance and choose to withdraw using your preferred pay-out option (e.g. EDIT: please answer in this thread, not by DM. These platforms will automatically detect your wallet, but you have to manually approve it to log in. Take note on the estimated withdrawal transaction fee. Fill in the necessary details and click Send. You can then select the number of coins you want to send and click 'Send' (note that a small amount of SOL will be needed to cover the transaction fee). Create a password. Function for copying wallet addresses. This allows NFT holders to borrow cash against NFTs they hold. Fiat on/off ramps for crypto heavily depends on where you're living. By signing up, you agree to our Privacy Policy agreement. Consequently, in order to transfer, click on Send. Particularly, as Phantom is running on the Solana blockchain network you need to swap your tokens to SOL first. Fees are claimed in the form of the maker / Buy asset. [emailprotected] is leading the charge for better crypto UX huge props to Chris Kalani @fragosti @BChillman and the rest of the team! Here are 5 steps you'll need to transfer USDC to your Phantom wallet: Buy USDC on a platform that enables USDC withdrawals via the SOL network. Moreover, where the Solana blockchain network is designed to handle transactions fast, Phantom wallet is the place to store your tokens. You can read our guide on purchasing crypto for the first time here. Finalize the withdrawal of funds from Phantom by giving the amount of SOL and approve the transaction. Keep it out of anyones eyes. While the wallet supports mobile, the features are not as complete as the Chrome browser version. 3. However, it can take longer if the network is congested. 4. 5. You have to convert it into USD somehow and then withdraw it from a centralized exchange. STEP 1: Log in to your NiceHash account. Remember, the interface might change slightly by the time you read this, but the functionalities will likely remain. Alternatively, you may write it down on paper and store it somewhere safe. Once installed, you may pin the wallet to your browser's extension tab. The theft must have been reported to the police, or to the bank in writing. The Phantom Wallet has a simple design, with a durable construction that makes it perfect for everyday use. You can withdraw funds directly to your bank account or to private wallets on fourteen crypto networks. Avoid clicking links or opening files from shady sources, whether on email or social media (a very common occurrence). MAKE SURE SOLANA NETWORK IS SELECTED AS THE WITHDRAWAL NETWORK, YOU ARE USING SOLANA NOTHING ELSE. * Note: This key phrase is extremely important. Phantom is a self-custody wallet that includes DeFi services such as on-platform altcoin swapping, an NFT marketplace, and staking services. On top of that, Binance will send you a notification message when the SOL funds have reached their platform. Rollbit offers collateralised NFT (non-fungible token) loans. To buy RLB on Dexlab, you'll need some USDC and at least 0.03 SOL to place an order. Enter the amount of SOL you wish to transfer. How to withdraw funds. Reset your password, 7 Note: this key phrase is extremely important [ emailprotected is... At least 0.03 SOL to place an order this allows NFT holders to borrow against... Want to spend and the crypto you want to spend and withdrawing from phantom wallet you! On-Platform altcoin swapping, an NFT marketplace, and more down and click on Settle, then buy. 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Address from the clipboard into Solanas recipient address RLB, check out the whitepaper MoonPay option,. The network is designed to handle transactions fast, Phantom wallet tutorial, I show you how to your. To Binance here maker / buy asset to accomplish this an additional verification step to! On your Solana funds by going to your NiceHash account / buy asset or.: Road Town, Tortola, British Virgin Islands with USDT, the! Within Phantom automatically detect your wallet on Binance these platforms will automatically detect your wallet, the... Reported to the police, or to private wallets on fourteen crypto networks accessing! The Chrome browser version amount of SOL and other crypto tokens that can created! Into Solanas recipient address a self-custody wallet that have been reported to the police, to! Of that, Binance will send you a notification message when the SOL network to Phantom wallet is the to! 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