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. The system will now automatically update your wallet. Enter 'RLB' in the search bar and click on the slider to add it to your wallet. 2021 COINCU Financial Group Inc. Phantom is a digital wallet reimagined for DeFi, making it safe At this point, the withdrawal process for USDC from Phantom to Binance has been finished. As the Solana blockchain processes transactions very fast its just a matter of seconds waiting before funds arrive in the Binance account. 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. 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Currently, only the wallet's browser extension is supported, thus, users must use a desktop device to link their Phantom wallet to our platform. 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. n68 is not responsible for direct and indirect risks. You can also make use of a secured internet connection and do not use public WiFi networks. From here, you'll be able to see your total Dapper Balance including both your withdrawable and non-withdrawable balances. Need to reach us? First, you need to create an account on Coinbase or log in if you already have one. MODS or Community Managers will NEVER DM you first regarding your funds/wallet. On top of that, the Phantom wallet is using a decentralized environment and you(the user) are in full control of all assets. The next step will be to use the Binance P2P portal to find a party that will buy your Bitcoin in your local currency. 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). I have wallet like below, Here is the instruction to withdraw Coin SOL from the Binance exchange. Never share your private keys with anyone (and I mean anyone!). This allows NFT holders to borrow cash against NFTs they hold. At the bottom of the mobile screen, you will be able to see multiple options, including. Also, it has millions of cryptocurrency traders using its platform on a daily basis. Additionally, Phantom wallet acts as a simple browser extension(Chrome, Brave, or Firefox) and therefore turns your browser into a crypto wallet. Press question mark to learn the rest of the keyboard shortcuts. By continue reading this guide you will get all the answers you are looking for regarding Phantom wallet: As mentioned earlier, Phantom wallet is supported by the Solana blockchain network and is one of the popular crypto wallets to use there. 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: Earn up to 100,000 RLB for each NFT deposit! Selling funds on Binance is a very smooth exercise because of the high volume in the order books. 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. [emailprotected] is leading the charge for better crypto UX huge props to Chris Kalani @fragosti @BChillman and the rest of the team! How do I check the transaction status on the blockchain? Tap on the wallet address located in the top center of the Phantom wallet application. 2. Click on Withdrawal Password and 2FA for Withdrawals to enable these options. 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). However, if you want to withdraw your funds through a withdrawal process, can you directly do it? On top of that, you can use this link to open a free account at Binance. As a result, security is a top priority for them and withdrawing to a bank account requires you to verify(KYC). Sign in with your login credentials or you can even sign in with your Apple or Google account. At the bottom of the dashboard, navigate to the Transfer icon. Note that there will be a small network fee required to withdraw RLB, so ensure you have enough in your balance (less than $1) to cover the transaction cost. No, Phantom cannot hold or use ETH at the moment. 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. Will appear two functions, Send from Wallet / Exchange: Receive from a wallet or exchange such as Binance, Deposit from FTX: Send from the FTX exchange, a window of the FTX exchange will open. Start by copying the address from the app. 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. Choose Phantom among the selected wallets, and then confirm through the extension app. Paste the address you copied from Phantom in the bar with Enter Address. Enjoy your profits and dont forget to share this guide if it was helpful , Recommended: How to use Phantom Wallet with Instagram. This option will be located on the upper portion of the mobile app interface. You have to convert it into USD somehow and then withdraw it from a centralized exchange. In general, to withdraw money from Binance to your bank account go to Fiat and Spot Wallet first. Next, you need to copy your SOL address, which can be found on the top area of the Phantom extension. Input the amount you wish to spend in the given field, and then click Buy SOL. Fill in the necessary details and click Send. [emailprotected] is everything I've ever wanted from a web wallet. Remember that crypto exchanges use custodian wallets for holding crypto and are subject to attack by hackers all the time. If you have further questions you can also try to contact Binance support here. In the Phantom wallet, select RLB, click 'Send' and paste the deposit address from Rollbit into the 'Recipient's RLB Address' field. Take note on the estimated withdrawal transaction fee. On the History page, you will be able to see multiple options, such as Orders, Traders, PnL, Funding, Deposits, etc. The main reason for this is that Phantom is connected to smart contracts and runs autonomously. On the popup window, click on Add extension. Additionally, Phantom wallet acts as a simple browser extension(Chrome, Brave, or Firefox) and therefore turns your browser into a crypto wallet. You will land on your dashboard. However, we'd recommend waiting until the majority of supply has been fully distributed to Rollbot holders (~77% of total supply) before buying RLB. VPNs change your computer or mobile's IP address from the current location, shielding you from threats while making crypto transactions. Search for the token name on Solana explorer and copy the token mint address. Let us look at some of the key features of the Phantom wallet.. Phantom is a non-custodial browser plugin and cryptocurrency wallet that . So, if you are looking for the best mobile and web wallet to manage the SOL tokens then you have come to the right page. As a result, its necessary to send your funds from Phantom to a major cryptocurrency exchange to cash out from crypto. Go to the Phantom and copy your wallet address. To. The withdrawal processing typically takes 1 to 5 minutes to complete. 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. If you want to save the address for future use, you can do so by selecting the Save address checkbox. Remember that Phantom can store all kinds of SPL tokens where USDC is just one of them. Once you have tapped on Wallet, you will see options such as Stake, Convert, Borrow/Lending, Deposit, Withdraw, and Subaccount Transfer. Once you have entered the withdrawal password, you will need to enter the 2FA code. Select the browser on which you want to download the Phantom wallet. Function for copying wallet addresses. Coinbase is one of the biggest exchanges in the world and also supports the Solana network. On top of that, the Phantom wallet is using a decentralized environment and you(the user) are in full control of all assets. Unfortunately, there isnt a direct way to transfer your funds from Phantom to an external bank account. Afterward, Click on Withdraw, which will direct you to the withdrawal page. Look for the cryptocurrency you wish to withdraw and select "Withdraw". Protect your assets on the go with the convenience you expect. How do I withdraw money from Phantom wallet? We never have access to any of your data or funds. RLB is currently listed on Dexlab, where you can trade RLB for USDC, and more exchange listings will happen in the near future. This is a place to post any information, news, or questions about the Solana blockchain. As such, this should not be treated as explicit financial, trading, or otherwise investment advice. There are multiple ways to transfer cryptocurrencies into your Phantom address. Select the phantom icon in the corner of the browser. Double-check if every info is correct, especially the wallet address, then hit Send now. Once completed, your fiat balance will appear in your dashboard. 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. Even got multiple hardware wallets connected, which is something even metamask hasn't been able to achieve yet. Will go to the additional wallet settings. Below are the necessary steps for Binance: Next, go back to your Phantom wallet, enter the password to log in, and find your SOL funds. Phantom makes it easy, safe, and fun for everyone to explore all that Web3 has to offer. Spreading the word about this exciting new technology.. 2 months ago. ).Logging into Mango with PhantomLogging into Magic Eden with Phantom. With this in mind, the Phantom wallet is one of the available tools on Solana to use. We only recommend companies and products we have personally used, \u0026 any commissions help to pay for content creation. You push Copy to save this key phrase in another file. Particularly, as Phantom is running on the Solana blockchain network you need to swap your tokens to SOL first. Keep it out of anyones eyes. While the wallet supports mobile, the features are not as complete as the Chrome browser version. Open KuCoin and scroll down to find the log-in button. Make sure to type the use the correct password or seed phrase details while accessing yourkraken loginwallet. We try to process the withdrawals as soon as possible. Then log in to your Binance account and buy SOL, or any other Solana-based tokens by clicking on Trade Spot. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. The plan you might have is to swap USDC for the money you need to send your USDC funds from Phantom to Binance here. After you have clicked on Go to more. If the [Status] shows that the transaction is "Processing", please wait for the confirmation process to be completed. This is the secret key phrase to restore the wallet. Coinbase maybe, or e transfer is quicker imo. Alternatively, you may write it down on paper and store it somewhere safe. By continue reading this guide you will get all the answers you are looking for regarding Phantom wallet: As mentioned earlier, Phantom wallet is supported by the Solana blockchain network and is one of the popular crypto wallets to use there. This is a decentralized exchange with which you can swap tokens. 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