Phantom Wallet : A Friendly Crypto Solana
Just like you need a wallet to store your money, in a similar manner, you also need a digital wallet to store your digital assets. To buy and sell SOL tokens on the Solana blockchain, it is important that you have access to a compatible wallet that works on the device you have. This means you should hunt for a wallet that shows multi-device compatibility and the best wallet in this category is the Phàntom Wállet.
A Phantom wallet is a wallet that is compatible with different web browsers as well as mobile phones. Similar to MetaMask, the Phantom wallet can be found available in the form of a web browser and application which is present on the official Phantom website.
What does Phantom wallet feature?
One of the most notable things about this wallet is that it is available on different web browsers and mobile devices
There is an in-built feature in it that allows you to swap tokens in an easy manner
To make improvements in its security, you can easily link hardware wallets to it
It also is a non-custodial wallet which means you will have access to your private keys
Users can also take advantage of the low transaction fees
How do you use the Phantom wallet?
In order to use the Phàntom Wállet on your device, you can install its web extension from the official website and those users who are interested to use it on their mobile devices can also get their hands on the wallet app. To get started, here are the easy steps you can follow:
https://Phantom.app/download is the URL you need to open
Here, go to the Desktop or Mobile section based on your choice
Next up, you can start installing the wallet extension/app on your device
Launch it and you can start creating a new wallet
Thereafter, safeguard your wallet recovery phrase and do as prompted
How to connect Phantom wallet to Ledger wallet?
It is always recommended that you connect your Phantom wallet to any of the supporting hardware wallets so that you can ensure the highest security of your wallet. To ensure that your wallet remains safe from hackers, we are going to walk you through the procedure to link up your wallet with the Ledger wallet. So, here are the stepwise guidelines that you are supposed to follow:
First of all, you need to get the Solana app installed on your Ledger device
Now, on your Ledger device, you can go to the Settings menu
Then, you can select the “Yes” option for the “Allow Blind Sign” setting
Thereafter, you need to connect your Ledger device and unlock it
Now, it’s time to navigate to the Phàntom Wállet and open it
In this step, you can click on the menu icon available at the top
Choose the option that allows you to add or connect the wallet
From the given menu, you can select the hardware wallet option
Choose USB device > then your Ledger device > select “Connect”
Thereafter, you can select the correct address and your wallet would be connected
From the mentioned details, it is pretty clear how you can use your Phàntom Wállet to earn and stake SOL on the Solana blockchain. Just make sure that you are using only the official platform to install the web extension or the wallet app. Once you get your hands on the wallet, you can set up a new wallet or import an existing one.