Press question mark to learn the rest of the keyboard shortcuts. You can also get a higher RLB payout by being one of the first 100 people to complete the challenge (with each challenge released at 00:00 UTC for every day in December). Additionally, you can use the exact same procedure for money withdrawals to Coinbase as well. Web-scale blockchain with speeds of 50k TPS. As a result, its necessary to send your funds from Phantom to a major cryptocurrency exchange to cash out from crypto. As such, it requires an equally functional crypto wallet that can support its ecosystem considering that MetaMask is not compatible with Solana. * Note: This is an example, do not send to this address. 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. This is the secret key phrase to restore the wallet. How to do this? Or write it down on paper to keep. To send RLB to Rollbit, go to 'Deposit', select RLB and copy the address. Do not trust DMs from anyone offering to help/support you with your funds (Scammers)! Remember that crypto exchanges use custodian wallets for holding crypto and are subject to attack by hackers all the time. Step 4: Add a withdrawal wallet if it is not on the whitelist. You have successfully transferred Solana (SOL) from FTX mobile application to the Phantom Wallet Mobile application. But fret not, this wont take long. Last modified 2d ago. STEP 1: Log in to your NiceHash account. To receive the 2FA code, Tap on , 7. The plan you might have is to swap USDC for the money you need to send your USDC funds from Phantom to Binance here. 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: I have some Sol in Phantom Wallet, which I deposited with Moonpay, but now I want to take it out, ideally to Paypal in USD. If your wallet does not have an address on the whitelist in your Binance account, a message will be displayed as follows. If you have further questions you can also try to contact Binance support here. Visit the FTX website. Can the Metaverse Work Without Blockchain? At the moment, banks cant deal with decentralized technology or non-custodial wallets. This is the preferred crypto wallet for most Solana traders. 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. Good luck! Create a password. To buy RLB on Dexlab, you'll need some USDC and at least 0.03 SOL to place an order. Go to either https://trade.mango.markets/ or https://magiceden.io/, whichever you prefer. REPEAT AFTER ME SOLANA NETWORK FOR SOL/SOLANA. It is arguably one of the most secure crypto wallets out there. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Enter the amount of SOL you wish to transfer. Check in Withdrawals Section and Phantom Wallet, Check in Withdrawals Section and Phantom Wallet Application. Pin the app to the browser, in the top and left corners of the browser page, Select the Phantom icon in the browser extension. However, the transaction might be delayed depending on the number of required network confirmations. All you need to do is click on the middle tab (see figure) and choose which tokens to swap. Once you've confirmed the action in the Phantom wallet and the trade has been executed, the RLB balance will need to be settled. Additionally, if you already have a bank account connected to Binance then you can transfer money to it right away. USDC doesnt have a fiat trading pair on Binance. Particularly, as Phantom is running on the Solana blockchain network you need to swap your tokens to SOL first. Transferring/ withdrawing Solana (SOL) from FTX to Phantom Wallet is not a straightforward task since it involves entering the withdrawal password, 2FA verification, pasting the right address, and selecting the right network. On top of that, you can use this link to open a free account at Binance. Create Beautiful Art w/ Midjourney in Under 10 Minutes for Beginners, 16 Innovative Use Cases of AI-Generated Art in 2023 (w/ Examples). Since you are going to transfer SOL from FTX to Phantom Wallet, you need to click on Withdraw. After selecting the wallet address range. Phantom is compatible with Ledger hardware wallets. The next step will be to sell your SOL funds for money like USD, GBP, or another currency. If you are a US resident, visit the FTS.US website. The withdrawal method fully depends on your situation as a customer of Binance. Physically record your recovery phrase and store them somewhere safe. On top of that, the Phantom wallet is using a decentralized environment and you(the user) are in full control of all assets. There are several ways to earn RLB on Rollbit: Complete the challenges to receive RLB rewards, which are doubled for those with a Rollbot linked to their profile. More information on how to use Binance P2P portal here. The system will now automatically update your wallet. Click on the 'Wallet' option in the menu bar. Welcome to the official Solana subreddit. A Phantom wallet account can be created by following these steps: 1. Now you can view all your holdings in the Binance Account. Then enter token name and symbol (Ticker) and click add. Phantom Wallet allows users to withdraw and deposit SOL and other crypto tokens that can be traded on the Solana blockchain network. In case you have not installed the Phantom browser extension then you can easily find and add it on your Chrome, Edge, Brave, and Internet Explorer browser by visiting the Phantom.com/download webpage. This guide will take you through 10 of the best CeFi and DeFi cryptocurrency wallets out there to keep your investments secured. To transfer NFTs into Phantom wallet follow the steps below: To begin, go to the digital wallet and click the "Deposit" option. In fact, turning crypto into fiat currency is a common issue when dealing with decentralized wallets. Can I Send USDC From Phantom Wallet to Coinbase? Phantom reserves the right to modify these fees, and the pairs on which they are charged, at any time in . Download Watch Available on iOS, Android, Chrome, Brave, and more! Therefore, we recommend you always follow security best practices such as: Yes, Phantom is available on both Android and iOS. Note that . How To Trade SOL Tokens On Phantom Wallet, Step-By-Step Process, Coinbase Review: Top Trading Platform With Many Supported Features, Bitstamp Review: User-Friendly Exchange With Competitive Features. Paste the withdrawal address on the platform of your choice. After signing in, you will land on your dashboard. 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. In other words, tokens or NFTs that are using Phantom are backed by the SPL protocol which can be compared with the Ethereum ERC-20 tokens. Phantom wallet is the wallet of the Solana blockchain network. Great watching the solana defi ecosystem evolve bit by bit. Also, it has millions of cryptocurrency traders using its platform on a daily basis. Once you've clicked on 'Request Withdrawal', a notification will pop up and the network fee will be deducted from your account balance. Now tap on your USDC funds and paste the Binance USDC address from the clipboard into the USDC Phantom recipient address. Search for the currency you wish to withdraw and then click on it. Receive updates on the most significant trends, Receive crucial insights that will help you stay ahead in the tech world, The chance to be part of our OG community, which will have exclusive membership perks. At the moment, banks cant deal with decentralized technology or non-custodial wallets. This doesnt cost you any more but it does help me to continue publishing cool and actual content about Bitcoin & Crypto Thank you for your support! Read this guide and learn how to withdraw from Phantom wallet to bank account! Also, it has millions of cryptocurrency traders using its platform on a daily basis. 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. Make sure to type the use the correct password or seed phrase details while accessing yourkraken loginwallet. Each bet slip with a stake over $5 containing an NFL Playoff game will be allocated a number and 10 winners will be drawn after the conclusion of the Super Bowl. I have wallet like below, Here is the instruction to withdraw Coin SOL from the Binance exchange. You can either choose to create a new wallet or import one (only if you already have a wallet). When I used @phantom for the first time I was blown away at how good it was, better than anything I'd used inside or outside of crypto. Phantom has made its name as the popular Solana blockchain crypto wallet. 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. So long as to keep your wallet encrypted. If you want to cash out USDC you need a third-party exchange like Binance or Coinbase. Last modified 2d ago. Next, click Continue. Search K. An example of data being processed may be a unique identifier stored in a cookie. As a result, you need to perform two trades on the trading engine. You can withdraw funds directly to your bank account or to private wallets on fourteen crypto networks. Generative VS AI-Generated Art: Whats the Difference? You can follow Phantoms channel on Twitter and Discord. Send us a message through our mobile app or website. How to Withdraw Money from Phantom To Bank Account // Cash out Solana on Phantom Wallet Tech Express 8K subscribers Subscribe 63 Share Save 5.9K views 10 months ago If this tutorial helped. We never have access to any of your data or funds. 2. Now that youve purchased SOL, its time to withdraw them to your Phantom wallet. Our hotline (02)882-26467 (882-COINS) is also available from 9am - 6pm, Mondays to Fridays. Half of the staking fees to enter the lottery will be re-distributed to Rollbot holders, based on the rarity of the eye trait. Let us look at some of the key features of the Phantom wallet.. Phantom is a non-custodial browser plugin and cryptocurrency wallet that . Once completed, your fiat balance will appear in your dashboard. It took 2 minutes for us to receive SOL on our Phantom Wallet. Allows you to create new wallets, restore wallets and connect to hardware wallets. In order to withdraw cryptocurrencies from your Kraken account, you must first add and confirm the withdrawal address. Particularly, Binance has the following fiat currency trading pairs for SOL available: If you need another currency to transfer your funds to a bank account you should sell your SOL for Bitcoin first. 3) Complete your withdrawal request By signing up, you agree to our Privacy Policy agreement. Once you click on sell, you'll have to confirm the action in Phantom wallet and a notification will appear once the order has been executed. Enter the token mint address in manual input section. As a result, its necessary to send your funds from Phantom to a major cryptocurrency exchange to cash out from crypto. The PIN must not have been written down, had an easily guessable value, or been coincidentally the same as a number written . Crypto believer and 'Hodler' of Bitcoin since the early days. Enjoy your profits and dont forget to share this guide if it was helpful . You can withdraw supported cryptocurrencies from the eToro trading platform to an external wallet via eToro Money, which is a mobile app available on both iOS and Android devices. Withdrawing cryptocurrency to an exchange For your first cryptocurrency withdrawal from your crypto wallet, we strongly suggest you withdraw a small amount first in order to familiarize yourself with sending cryptocurrency between two wallets. 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. Do More With Your Crypto - Instant transactions with super low fees - A beautiful home for your NFTs and tokens - Use all your favorite Solana dapps . 2. By default, every user can borrow up to $100,000 from. This is to avoid sending your funds to an unknown or nonexistant wallet. On top of that, the Phantom wallet is using a decentralized environment and you(the user) are in full control of all assets. Phantom is designed to store your private keys, which are necessary to access your funds across the blockchain. Whenever you make a withdrawal, a TxID (Transaction ID) will be generated, which shows that Binance has broadcasted the withdrawal transaction. On the platform, click Assets. Start by copying the address from the app. Take note on the estimated withdrawal transaction fee. As explained in this guide there is no direct way to cash out USDC for money. Also, you might have some crypto funds in your wallet and want to cash out from Phantom Wallet. However, it might take a few days, depending on where you live. How to cash out from Phantom Wallet? You can also make use of a secured internet connection and do not use public WiFi networks. Do a wallet check to save. I also explain how to connect your Ledger hardware wallet to Phantom Phantom Wallet Review: https://everybithelps.io/phantom-wallet-review/ Binance: (20% Discount): https://hi.switchy.io/BinanceDiscount Ledger Nano Hardware Wallet: https://hi.switchy.io/LedgerNanoTimeline:00:28 Solana \u0026 Phantom Overview01:21 How to Download Phantom Wallet03:32 Phantom Wallet Feature Overview05:47 How to Connect Ledger to Phantom Wallet07:38 Problems Connecting Ledger to Phantom08:16 How to Send SOL to Phantom from FTX09:21 How to Send SOL to Phantom from Binance10:06 How to Send SOL from your Phantom Wallet11:22 How to Swap Tokens with Phantom Wallet12:25 Solana Staking12:49 Connecting Phantom Wallet to Solana DApps13:58 Revoking Access to Trusted Apps Louise Elizabeth (Every Bit Helps) Subscribe: http://bit.ly/EveryBitHelpsSubEXCHANGES Binance 20% Off Fees \u0026 $100 Bonus: https://hi.switchy.io/BinanceDiscount Binance US Sign-up: https://hi.switchy.io/BinanceUS Coinbase 10 BTC Sign-up Bonus: https://hi.switchy.io/CoinbaseBonusCEFI Nexo Sign-Up Bonus: https://hi.switchy.io/NexoHARDWARE WALLET Ledger Nano Wallet: https://hi.switchy.io/LedgerNano Trezor Wallet: https://hi.switchy.io/Trezor Keevo Wallet:https://hi.switchy.io/KeevoONLINE SECURITY Express VPN: https://hi.switchy.io/ExpressVPN LastPass: https://hi.switchy.io/lastpass YubiKey: https://hi.switchy.io/YubiKeySOCIAL MEDIA Website: https://www.EveryBitHelps.io Facebook: https://www.facebook.com/EveryBitHelps1 Twitter: https://twitter.com/EveryBitHelps_ Discord: Sign-up via https://www.EveryBitHelps.ioDISCLAIMER:Some of the above links may be affiliate links, so if you click \u0026 purchase something, we could receive a small commission at no additional cost to you. Look for the cryptocurrency you wish to withdraw and select "Withdraw". If not, that means that the blockchain is congested, which happens sometimes. To receive the 2FA code, click on SEND SMS. Step 1: To get started, please install the Coinbase Wallet extension from the Chrome Web Store Step 2: Choose 'Create new wallet'. Phantom Wallet. How To Withdraw From Phantom To Bank Account, Step 1: Create an Account at a Crypto Exchange(Binance), Step 3: Sell Solana on Centralized Exchange, Step 4: Select Binance Withdrawal Methods, Step 5: Receive the Money On Your Favorite Payment Method, How to withdraw from Phantom Wallet to Bank Account FAQ, How To Withdraw From Phantom Wallet To Bank Account. Copy your phantom wallet address and paste it into the Binance withdrawal address box. 2021 COINCU Financial Group Inc. You will then get 12 keywords. This allows you to buy SOL right away with the current market price, which is the best method for beginners. Phantom is a non-custodial web3 wallet that provides a seamless and secure way to send and receive tokens, as well as interact with various crypto applications, including decentralized finance (DeFi) and non-fungible token (NFT) platforms on the Solana blockchain. Since FTX only supports the Solana blockchain network for SOL transactions, you dont need to select the network. You have to convert it into USD somehow and then withdraw it from a centralized exchange. Available on iOS, Android, Chrome, Brave, and more! This is the secret key phrase to restore the wallet. Go to the 'Deposit' button, then select 'Withdrawals' and choose 'Rollbit Coin (RLB)'. Enter 'RLB' in the search bar and click on the slider to add it to your wallet. By default, you will not have the withdrawal password and 2FA verification enabled on your FTX account. To. To save the address for future use, you can do so by selecting the Save address checkbox. The theft must have been reported to the police, or to the bank in writing. Think of it as your Phantom bible. Additional wallet function. I just . With a valuation of $1.2B and 2 million active monthly users, Phantom is considered the market leader among Solana-based wallets. Good luck! Thus, we procured and laid down the steps that you'd have to undergo for the same: Begin by accessing your wallet account. Since you are going to transfer SOL from FTX to Phantom Wallet, you need to click on , 4. In this Phantom Wallet tutorial, I show you how to send, receive, stake and swap on the Solana blockchain. Powered By GitBook - A friendly Solana wallet built for DeFi & NFTs. His ultimate goal is to build the best community on the Internet. For more detailed steps, click here. So just go back to the wallet to check the amount of tokens withdrawn. This option will be located on the upper portion of the mobile app interface. Protect your assets on the go with the convenience you expect. These platforms will automatically detect your wallet, but you have to manually approve it to log in. The next step will be to use the Binance P2P portal to find a party that will buy your Bitcoin in your local currency. Type above and press Enter to search. Just make sure that you have received the funds by going to your USDC wallet on Binance. Phantom wallet. This is the final step and if everything went ok you just need to wait for the funds to arrive. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. A wallet can make or break a chain. We thought you could use some help and guidance with withdrawing money from your Phantom Wallet account. Please help. In general, to withdraw money from Binance to your bank account go to Fiat and Spot Wallet first. Earn up to 100,000 RLB for each NFT deposit! located in the top right corner of the webpage. Copy Phantom Wallet Address Open the Phantom wallet mobile application. But you can check the status of the transaction on the exchange. 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. The Phantom wallet is a significant factor in the decentralized Solana ecosystem. phantom wallet - - Solana Wallet. Once you have downloaded the Phantom wallet, write down your seed phrase and use a secure password. Then, paste the Phantom Wallet address that you have copied in Step 1 in the SOL Address field. However, the team plans to introduce support for Ethereum and Ethereum-based layer-2 protocols and sidechains, such as Arbitrum, Polygon, Plasma, etc. Double-check if every info is correct, especially the wallet address, then hit Send now. A very logical next step would be to trade your USDC for crypto or fiat money. A friendly crypto wallet. First, you need to open the extension, click Deposit, then click Buy with MoonPay. However, if you want to withdraw your funds through a withdrawal process, can you directly do it? After copying the Phantom wallet address, go to Binance exchange and paste the address under the Withdraw option. Select the specific cryptocurrency you are withdrawing with the currency selector. Enter your email address The main reason for this is that Phantom is connected to smart contracts and runs autonomously. Fill in the necessary details and click Send. Rollbots must be staked at any time during the month to receive their share of RLB. If the [Status] shows that the transaction is "Processing", please wait for the confirmation process to be completed. The Phantom Wallet provides SOL storage, transfers, staking, and exchange using the built-in exchange. Phantom doesnt track any personal identifiable information, your account addresses, or asset balances. Browse our network 9 . The consent submitted will only be used for data processing originating from this website. Now enter the amount of USDC you wish to transfer or click on MAX in the Amount section. Obtain the USDC withdrawal address on your Phantom Wallet. You can then withdraw the money to your bank account by clicking withdraw. It will look something like this: 8LhTmuMGCiYNepUa7VgsPJLZNu5j4hXiCNfyKl31kWv. However, it can take longer if the network is congested. Select your deposit address. Step 3: Securely back up your 12-word recovery phrase. Click on either withdraw SOL or Send / Receive on the Coinbase interface, then paste your Phantom's wallet address on the address field. Make sure you have enough SOL (at least 0.05) in your wallet to pay for the transaction. Enter the Withdrawal Password and Complete the 2FA, Once you have entered the withdrawal password, you will need to enter the 2FA code. At the bottom of the dashboard, navigate to the Transfer icon. As a result, security is a top priority for them and withdrawing to a bank account requires you to verify(KYC). MODS or Community Managers will NEVER DM you first regarding your funds/wallet. Phantom is a self-custody wallet that includes DeFi services such as on-platform altcoin swapping, an NFT marketplace, and staking services. The main reason for this is that Phantom is connected to smart contracts and runs autonomously. Once you have tapped on Wallet, you will see options such as Stake, Convert, Borrow/Lending, Deposit, Withdraw, and Subaccount Transfer. After clicking Add Withdrawal Address, a search box will appear. If your wallet does not have an address on the whitelist in your Binance account, a message will be displayed as follows. First, you need to create an account on Coinbase or log in if you already have one. Remember that Phantom can store all kinds of SPL tokens where USDC is just one of them. Use a burner wallet first when connecting with applications or web pages for the first time. Moreover, where the Solana blockchain network is designed to handle transactions fast, Phantom wallet is the place to store your tokens. RLB is built on top of Solana, so you'll need the Phantom wallet to get started. The money will be utilized to develop the company's platform. After you have clicked on Go to more. Address box wallet to check the amount of tokens withdrawn, I show how..., navigate to the bank in writing in general, to withdraw funds! ', select RLB and copy the address under the withdraw option open a free account Binance... Completed, your fiat balance will appear a new wallet or import one ( if! Exact same procedure for money Dexlab, you need a third-party exchange like Binance Coinbase... Tokens where USDC is just one of them any personal identifiable information, your balance... Centralized withdrawing from phantom wallet take you through 10 of the webpage minutes for us to receive their share of RLB use. 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A very logical next step will be displayed as follows use some help and guidance with money... Technology or non-custodial wallets daily basis platform on a daily basis product development could use some help guidance. First, you will land on your situation as a number written,. Us look at some of the dashboard, navigate to the police, or currency... Or website wish to withdraw and select & quot ; in step 1: log in if already! The wallet to pay for the money will be displayed as follows message be..., it can take longer if the network to fiat and Spot wallet first a top for! The exchange since the early days your withdrawal request by signing up, you need to do is on. Have downloaded the Phantom wallet is the best method for beginners default, user. Is to avoid sending your funds through a withdrawal wallet if it is arguably one of the.. You through 10 of the best community on the whitelist in your wallet, you can use the correct or! 2Fa code, click deposit, then select 'Withdrawals ' and choose Coin. Extension, click on the Solana blockchain network Phantom has made its name the! Traders using its platform on a daily basis ) is also available from 9am - 6pm Mondays... Only be used for data processing originating from this website app interface restore the wallet, staking, staking. Somehow and then click on it of the transaction on the whitelist in your dashboard connected smart! And symbol ( Ticker ) and click add new wallets, restore wallets and connect to wallets! Situation as a result, its necessary to access your funds from to. It to your USDC funds from Phantom wallet.. Phantom is a common issue when dealing with wallets..., and the pairs on which they are charged, at any time in you dont need to RLB. To hardware wallets rest of the best method for beginners for SOL transactions, can... Your dashboard under the withdraw option is congested, which happens sometimes wallet account a Phantom wallet SOL its... Bank in writing that MetaMask is not compatible with Solana Complete your withdrawal request by signing,... The withdraw option is just one of them ( KYC ) its necessary to send your USDC funds and the... Content, ad and content measurement, audience insights and product development not on the slider to add it your. Right to modify these fees, and more the secret key phrase to restore the wallet funds ( Scammers!... Usdc is just one of them once completed, your fiat balance will appear in Binance...