0xcry.shop Open in urlscan Pro
172.67.214.56  Public Scan

Form analysis
0 forms found in the DOM

Text Content

CRYPTO

 * Home
 * Category
   * Phantom Wallet and Meso Network Team Up for Instant Bank ...
   * Phantom Finance Tax Guide
     
   * Dream Green
     
   * Phantom's Social Discovery: Shaping the Future of Crypto ...
     
   * How can one make a deposit using Phantom Wallet?
     
   * Transactions failing - no error no history - phantom wallet
     
   * Send Crypto on Solana with Phantom Wallet: For Newbies
     
   * Phantom Wallet Tutorial For Beginners In 2024
     
   * How to Setup a Phantom Wallet (Tutorial) | Best Solana (SOL ...
     
   * PHANTOM WALLET SOLANA TUTORIAL
     
 * Services
 * Privacy policy
 * Terms and Conditions
 * Photo gallery






2025.01.09 11:20

DeFi Tutorials Wallet Home Articles What Is Phantom Wallet and How to Use It?


WHAT IS PHANTOM WALLET AND HOW TO USE IT?

Beginner Updated Dec 28, 2024 8m


KEY TAKEAWAYS

Phantom Wallet is a crypto wallet for managing cryptocurrencies and other
digital assets across multiple blockchains, including Solana, Ethereum, and
Bitcoin.

Phantom Wallet is non-custodial, so it doesn’t hold your private keys and seed
phrases. Users have total control over their keys and digital assets.

Phantom offers many features and serves as a gateway for users to manage their
cryptocurrencies and non-fungible tokens (NFTs). It can also be used to interact
with decentralized finance applications.

Keep your crypto wallet safe by using strong passwords, enabling biometric
authentication, and connecting only to trusted DApps. Make sure to keep your
seed phrase private and safe.




WHAT IS PHANTOM WALLET?

Phantom Wallet is a non-custodial cryptocurrency wallet. Although it was
initially designed for the Solana blockchain, Phantom now supports multiple
chains, including Solana, Ethereum, Base, Polygon, and Bitcoin. Being
non-custodial means that Phantom Wallet doesn’t hold your private keys and seed
phrases, so users have total control over their keys and digital assets.

Phantom Wallet serves as a gateway for users to manage their cryptocurrencies
and NFTs (non-fungible tokens). Similar to other Web3 wallets, Phantom also
allows you to interact with decentralized finance (DeFi) platforms and
applications ( DApps ).


HOW TO SET UP A PHANTOM WALLET

Getting started with Phantom Wallet only takes a few simple steps. In this
example, we will use the Phantom Wallet browser extension, but the process is
pretty much the same on mobile. The main difference is that, on mobile, you can
use biometric security such as fingerprint or facial recognition.

1. First, go to the official website and download the version you need. As of
December 2024, Phantom is available as a mobile app (iOS and Android) and
browser extension (Chrome, Firefox, Brave, and Edge).

2. Next, you can create a new wallet or import an existing one. Let’s create a
brand new wallet.



3. You can choose to create a wallet using an email address or a seed phrase. We
will use a seed phrase to illustrate how it works.



4. Create a strong password for your wallet. Note that this password will only
be used locally (based on your current browser profile and device).

If you are on mobile, you will have the option to use biometric security such as
fingerprint or facial recognition.



5. Save your seed phrase in a safe and private place. This phrase acts like your
master key and is the only way to recover your wallet. Do not share it with
anyone.



6. That’s it! Your Phantom Wallet is ready to use.




HOW TO USE YOUR PHANTOM WALLET

If you are using the Phantom Wallet browser extension, you can pin it to your
extension bar for easy access.




PHANTOM WALLET KEY FEATURES

When you open your wallet, you will see four buttons at the top: Receive, Send,
Swap, and Buy.



1. Receive: Here you can copy your wallet address or get the corresponding QR
code. You will need these addresses when making a deposit or receiving funds
from someone. 

For example, if you want to withdraw SOL from your Binance account to your
Phantom Wallet, you will need to copy and paste the receiving address on the
Binance withdrawal page.



2. Send: Here you can send funds from your Phantom Wallet to another wallet.
Select the correct blockchain network and make sure to copy and paste the
correct receiving address.



3. Swap: Here you can easily make trades (swaps) between multiple
cryptocurrencies. Note that you can use the top right button to change your
Slippage settings. 



In short, a higher slippage percentage means your trade may cost more than
expected. A lower slippage is better in terms of price, but the transaction may
fail if it’s too low. If you are not sure, you can set it to Auto, and Phantom
Wallet will try to find the best swap available.



4. Buy: Here you can buy cryptocurrencies through third-party network partners.
The payment methods and fees will vary depending on your location. Common
payment methods include credit and debit cards, Apple Pay, and Google Pay.




MANAGE TOKEN LIST

Your Phantom Wallet automatically shows your balances for major cryptocurrencies
like SOL, ETH, and BTC. To add or remove specific tokens, click [Manage token
list] at the bottom of your wallet interface.



In the following menu, you can choose which tokens you want to show in your
wallet by turning their toggles on and off. You can also search for tokens using
the Search bar.



We recommend turning off tokens you received from unknown sources, as these are
usually scams.


PHANTOM WALLET ACCOUNTS

At the top, you can find the public addresses of your Phantom Wallet, one for
each supported chain. 



When depositing funds from another wallet or receiving funds from someone, you
can click the corresponding public address for a quick copy and paste (similar
to the Receive feature we covered above).

It’s safe to share these public addresses with others, but make sure you are
using the correct network—Solana for SPL tokens, Ethereum for ERC tokens,
Bitcoin for BTC, and so on.

HOW TO CREATE AND MANAGE MULTIPLE ACCOUNTS

Phantom Wallet allows you to create multiple accounts within the same wallet.
This means you can create and manage multiple crypto wallets using the same
password and seed phrase.

1. To create a new account, first click the top left button next to your account
name.



2. Next, click [Add / Connect Wallet].



3. You can create a brand new multi-chain account or add existing wallets.
Follow the instructions according to your choice.



4. You can easily switch between your accounts using the top left button. Note
that each account has a different set of public addresses.




PHANTOM WALLET BOTTOM MENU

At the bottom of your Phantom Wallet, you will find another menu. 

The first tab is the home interface we discussed previously. It displays your
token list and balances.



The second tab takes you to your NFT collection, where you can manage your
digital art and other non-fungible tokens.

The third tab takes you to the Swap function we covered earlier in this article.

The fourth tab shows your wallet's recent activity, including past transactions
and interactions with DApps.

The fifth tab takes you to an exploration interface, where you can search for
projects, tokens, websites, and collections.




TIPS FOR STAYING SAFE

Keep your seed phrase safe: Write it down and store it in a secure place. Don’t
save it online.

Use biometric security: If you’re on mobile, enable Face ID or fingerprint
authentication.

Be careful with DApps: Only connect to trusted websites and apps.

Update regularly: Make sure you’re using the latest version of Phantom to stay
protected.


CLOSING THOUGHTS

Phantom Wallet is a super handy and easy-to-use tool for managing your crypto
and NFTs across different blockchains. Since it’s non-custodial, you’re in full
control of your assets, which adds an extra layer of security.

Setting up and using Phantom is quick, even if you’re new to crypto. Just
remember to keep your seed phrase safe, stay cautious with unknown tokens and
DApps, and regularly update your wallet app to stay ahead of security threats.


FURTHER READING

How to Set Up a Crypto Wallet

What Is a Crypto Wallet and How to Choose the Right One?

Custodial vs. Non-Custodial Wallets: What's the Difference?

Disclaimer: This content is presented to you on an “as is” basis for general
information and educational purposes only, without representation or warranty of
any kind. It should not be construed as financial, legal or other professional
advice, nor is it intended to recommend the purchase of any specific product or
service. You should seek your own advice from appropriate professional advisors.
Where the article is contributed by a third party contributor, please note that
those views expressed belong to the third party contributor, and do not
necessarily reflect those of Binance Academy. Please read our full disclaimer
here for further details. Digital asset prices can be volatile. The value of
your investment may go down or up and you may not get back the amount invested.
You are solely responsible for your investment decisions and Binance Academy is
not liable for any losses you may incur. This material should not be construed
as financial, legal or other professional advice. For more information, see our
Terms of Use and Risk Warning .

Share Posts Key Takeaways What Is Phantom Wallet? How to Set Up a Phantom Wallet
How to Use Your Phantom Wallet Tips for Staying Safe Closing Thoughts Further
Reading Related Articles How to Use the Polygon Bridge? What Is Binance Pay and
How to Use It? What Is SolScan and How to Use It? Register an account Put your
knowledge into practice by opening a Binance account today. Register Now Explore
all of our content Discover Topics Courses Glossaries Bitcoin Halving Products
Exchange BCF Labs Launchpad Research Trust Wallet Company Terms & Conditions
Privacy Policy Disclaimer Content Request Feedback English English Français
Polski 简体中文 繁體中文 Tiếng Việt العربية Русский Español Português Italiano Bahasa
Indonesia Filipino Українська мова Čeština Български اردو latviešu valoda
Svenska Slovenčina Dansk Eesti Română Magyar nyelv বাংলা Ελληνικά Deutsch
(Schweiz) Lietuvių ქართული 日本語 Azərbaycan Қазақша © 2025 Binance Academy. All
Rights Reserved. Cookie Preferences

 * Phantom Wallet and Meso Network Team Up for Instant Bank ...
   ... transactions on simpler devices. Get or sell Toncoin. You can get Toncoin
   with bank cards, or exchange it with other crypto. Choose the option most ...
 * Phantom Finance Tax Guide
   This guide shows how to use DEXs with Phantom Wallet. Set up your wallet,
   fund it with USDT via Binance, and then swap on DEXs like Raydium, Jupiter,
   or Orca.
 * Dream Green
   1. To create a new account, first click the top left button next to your
   account name. · 2. Next, click [Add / Connect Wallet]. · 3. You can ...
 * Phantom's Social Discovery: Shaping the Future of Crypto ...
   ... card, or by receiving digital assets from another wallet. ... Together,
   USDC and Phantom simplify crypto management, making digital finance
   accessible and ...
 * How can one make a deposit using Phantom Wallet?
   Using Phantom for crypto transactions ... Phantom allows you to purchase
   crypto, including SOL, ETH, and USDC, with fiat currency directly within the
   app. From ...
 * Transactions failing - no error no history - phantom wallet
   Secure and User-Friendly Crypto Wallet for NFTs and Digital Tokens. Dive into
   DeFi and Blockchain Seamlessly.
 * Send Crypto on Solana with Phantom Wallet: For Newbies
   Managing your crypto wallets efficiently is crucial for safeguarding your
   digital assets. This detailed guide will walk you through the process of
   importing ...
 * Phantom Wallet Tutorial For Beginners In 2024
   A wallet hosts the details of the key pair making cryptocurrency transactions
   possible. ... digital wallet vendors conduct cardholder-merchant
   transactions ...
 * How to Setup a Phantom Wallet (Tutorial) | Best Solana (SOL ...
   It assists in streamlining transactions between cryptocurrency users. ...
   This flexible digital wallet greatly advanced toward compatibility with ...
 * PHANTOM WALLET SOLANA TUTORIAL
   Like MetaMask, Phantom allows you to buy cryptocurrencies directly within the
   app using various payment methods, such as credit/debit cards, ...


FEATURED PROJECTS






MENU




LAST PHOTO

Copyright © Crypto - All Rights Reserved