Phantom wallet

Phantom is a digital wallet tailored for Solana and Ethereum. Phantom is a digital wallet reimagined for DeFi.

Phantom

Phantom is a digital wallet tailored for Solana and Ethereum. Phantom is a digital wallet reimagined for DeFi.

What Is Phantom?

Phantom is the main digital wallet for the Solana blockchain. An Ethereum rival, Solana offers faster transaction speeds and more affordable transfer fees.Phantom is a hot, non-custodial wallet:

  • Hot wallets are online wallets, connected to the internet, in contrast to cold wallets that are offline. For example, writing your wallet’s seed phrase on a piece of paper means that you have created a cold wallet.

  • Software wallets act as another app on your computer/smartphone. In the case of Phantom, it is available as an app on both App Store and Google Play. For desktops and laptops, it is available as a Web3 browser extension, supporting Chrome, Brave, Firefox, and Edge.

  • Non-custodial wallets give you ownership of your private key. In contrast, cryptocurrency exchange accounts are custodial wallets in which the company (Binance, Kraken) holds your private key for you.

Get Smarter on DeFi and Web3

  1. 1.Open the preferred browser of your device and visit the Phantom.com/download page

  2. 2.In case you are using a mobile, go to the App or Play Store and then discover the Phantom app

  3. 3.Once you find the Phantom app or browser extension, click on it and download it to your device

  4. 4.On your mobile, it will be installed automatically

  5. 5.PC users need to click on the ‘Add to browser’ to complete this process

  6. 6.Finally, the Phantom app and browser extension will be installed on your device

Method to create a new wallet account on PhantomIf you have finished the process to install the Phantom app or browser extension on your device then you need to approach the quick steps that are given below to set up your wallet account:

  1. 1.In case you are using an Android or iOS device, open the Phantom mobile app

  2. 2.PC users need to open the Phantom browser extension on their device

  3. 3.From the homepage, you need to click on the ‘Create Wallet’ button

  4. 4.When asked, choose a password for your wallet and then find the seed phrase

  5. 5.After confirming the seed phrase details, click the ‘Finish’ button

  6. 6.Finally, your Phantom Wallet is ready to use

Simple steps for Phantom Wallet LoginPhantom asks you to enter the password details of the account to access the wallet. You can easily access your Phantom account with the help of these steps:

  1. 1.On your device, open the Phantom app or browser extension

  2. 2.Now, you will be asked to enter the password of your wallet

  3. 3.After entering the password, you need to click the ‘Unlock’ button

  4. 4.Finally, you have accessed your Phantom account with the help of a password

How to recover a Phantom account?Phantom allows you to regain access to your wallet with the help of the seed phrase details. The easy steps for the Phantom Wallet recovery task are given below:

  1. 1.Form the Phantom browser extension or mobile app homepage, click the ‘Use seed phrase’ option

  2. 2.When asked, you need to submit the Phantom seed phrase details correctly

  3. 3.Now, get to the password fields and choose a password for your wallet account

  4. 4.Once you feed the required details, click the ‘Restore’ button to recover the wallet

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