Phantom is the top-rated and most secured Solana blockchain wallet that let your store, send, receive, collect, and swap tokens. You can use Phantom to manage SOL-based currencies such as SOL, USDT, USDC, Raydium (RAY), and Serum (SRM). To withdraw tokens on Phantom, you may be charged up to 0.85% as a service fee.
Now, if you have made up your mind to start trading on this platform then you need to go through the wallet setup process. Yes, you heard it right and you can easily set up your Phantom account without providing any of your details. Phantom Wallet is a non-custodial wallet and thus allows you to create your wallet by keeping the identity hidden
Read on to learn how to set up a new Phantom Wallet
and access it on your mobile or computer. Make sure that your device is connected to the secured internet connection and then approach the next section to learn more about it.
Where to find and install the Phantom Wallet app or extension?
You can find the Phantom Wallet app by visiting the App or Play Store. In case you are looking to install the Phantom browser extension on your device then you need to visit the PhantomWallet.com webpage. Now, you need to follow the quick steps that are given below to install the wallet extension and app on your device:
For Smartphone Users:
Reach to the App or Play Store and launch it
Now, you need to discover the Phantom app
Once you find the app, choose ‘Get’ or ‘Install’ to proceed
In a few minutes, the app will be installed on your device
For Laptop Users:
On your laptop, open a browser
Now, go to the https://phantom.app/downloadpage
From this page, find and click on the browser icon
Finally, choose the ‘Add to browser’ option to finish the process
If your device is connected to the internet, reach to the steps that are given below to set up your Phantom Wallet account:
If you have a mobile, open the Phantom app on your device
In case you are using a PC, launch the Phantom browser extension on it
Now, choose the ‘Create Wallet’ button to proceed to sign up page
Once you reach the sign-up page, enter the password and then find the seed phrase
Now, confirm the seed phrase and then click the ‘Finish’ button
Finally, you have completed the Phantom Wallet setup process
Open Phantom Wallet application or browser extension
Now, get to the password field and type the password details
After that, you need to review the details and click on the ‘Unlock’ button
Finally, you have completed the Phantom Wallet login process
Can I access the Phantom account without a password?
You may lose the Phantom Wallet password details, unfortunately. However, if you have the recovery seed phrase details then you can regain the access to your wallet with the help of these steps:
Launch Phantom app or extension on your device
Now, get to the ‘Use recovery phrase’ button and click on it
After that, fill up the seed phrase and password details
If required, repeat the same password in respective box
Now, get to the ‘Restore’ button and click on it to finish the process
To sum up, Phantom gives you the freedom to manage SOL-based tokens by setting up a wallet on its app or browser extension. This wallet also allows you to set up a hardware wallet and you can also link your wallet using the password details. With the help of the quick processes, you can easily set up your Phantom Wallet to start SOL tokens. Also, confirm that you have written the recovery seed phrase on a blank paper and stored it in a secured place.