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. Once you've clicked on 'Request Withdrawal', a notification will pop up and the network fee will be deducted from your account balance. A crypto wallet reimagined for DeFi & NFTs. First, you need to open the extension, click Deposit, then click Buy with MoonPay. 4 [deleted] 1 yr. ago USDC doesnt have a fiat trading pair on Binance. Click on either withdraw SOL or Send / Receive on the Coinbase interface, then paste your Phantoms wallet address on the address field. This allows NFT holders to borrow cash against NFTs they hold. Open KuCoin and scroll down to find the log-in button. The Phantom wallet is the Solana ecosystem's MetaMask counterpart because its primary goal is to greatly simplify the process of managing private keys for DeFi projects within the Solana network. In this Phantom Wallet tutorial, I show you how to send, receive, stake and swap on the Solana blockchain. Make sure to purchase SOL first! On the History page, you will be able to see multiple options, such as Orders, Traders, PnL, Funding, Deposits, etc. Phantom is decentralized and anonymous, which . Visit the FTX website. Phantom makes it safe & easy for you to store, buy, send, receive, swap tokens and collect NFTs on the Solana blockchain. At the bottom of the dashboard, navigate to the Transfer icon. Our hotline (02)882-26467 (882-COINS) is also available from 9am - 6pm, Mondays to Fridays. Spread funds across multiple wallets, especially if you have large holdings. Successful wallet creation. Once you have entered the withdrawal password, you will need to enter the 2FA code. On the mobile app, this tab can be found at the very bottom of the interface. As more of the RLB supply is used to enter the lotteries, a greater number of coins will be burned, supporting value growth. It is arguably one of the most secure crypto wallets out there. Voice 2.0: Most Advanced AI Voice Generators of 2023, 5 Game-Changing Prompt Resources for ChatGPT, 16 Brilliant Ways to Use ChatGPT to Make Life Easier, You.com: A Comprehensive Review of the Search Engine Powered by AI. Successful wallet creation. Step 1: Create an Account at a Crypto Exchange(Binance), Step 3: Receive USDC on Centralized Exchange, Step 5: Withdraw the Money On Binance[Optional], How to Withdraw USDC From Phantom Wallet FAQ. Next, you need to copy your SOL address, which can be found on the top area of the Phantom extension. located on the top right corner of the webpage. Then, to withdraw, follow these steps: Sign in to your Kraken account and navigate to Funding. 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. After picking the deposit method, you will be offered two options for transferring the NFT: via Moonpay (to buy NFTs ) or through FTX exchange (to transfer NFTs). You push Copy to save this key phrase in another file. Please contact the moderators of this subreddit if you have any questions or concerns. Enjoy your profits and dont forget to share this guide if it was helpful . and whitelist. To begin a USDC on Ethereum withdrawal request, head to your Dapper Wallet and select the ' Home ' tab on the left-hand side of the screen. Physically record your recovery phrase and store them somewhere safe. Since FTX only supports the Solana blockchain network for SOL transactions, you dont need to select the network. crypto wallet Phantom makes it safe & easy for you to store, buy, send, receive, swap tokens and collect NFTs on the Solana blockchain. To learn more about RLB, check out the whitepaper! You can stake SOL directly on Phantom by clicking on the SOL token in the app, and then clicking Start earning SOL. You push. If you already have an account on crypto exchanges like Coinbase or Binance, it might be better to buy SOL there. Now, step by step you will : Select the amount of SOL to transfer. Or write it down on paper to keep. How Exclusive is Creating a 3D NFT Collection? First, you need to download and install the Phantom extension, which supports Chrome, Brave, Firefox, and Edge. There you will be able to see your recent withdrawals along with the status. Whenever you make a withdrawal, a TxID (Transaction ID) will be generated, which shows that Binance has broadcasted the withdrawal transaction. Withdraw USDT via the SOL network to Phantom Wallet. Search for the token name on Solana explorer and copy the token mint address. Search for the Solana cryptocurrency, click on the withdraw button to the right in order to open the FTX interface that will allow us to transfer SOL to wallets, in this case, the deposit address of our Phantom wallet. To enable the withdrawal password and 2FA verification for withdrawals on FTX, click on the profile icon/ email address located in the top right corner of the webpage. Once you paste the address, you'll see that it automatically matches the Solana network, which means all is fine. We thought you could use some help and guidance with withdrawing money from your Phantom Wallet account. Backup your wallet. 3. In other words, to get money out of my Phantom wallet you need a centralized crypto exchange like Binance. Press Esc to cancel. Do not trust DMs from anyone offering to help/support you with your funds (Scammers)! For instance, by playing certain blockchain games, you can earn tokens, which you can withdraw into your Phantom Wallet. Select the specific cryptocurrency you are withdrawing with the currency selector. Therefore, after finalizing your order your funds(money) will be available in your account for transfer straightaway. Also, ensure that you have the password details of your Phantom account as you may be asked to sign in to your account in case you are locked out. Besides trading, Binance offers several other feature-rich products, including custodian wallets, crypto margin trading, lending service, and earning rewards with staking. located in the top right corner of the webpage. This doesnt cost you any more but it does help me to continue publishing cool and actual content about Bitcoin & Crypto Thank you for your support! Once you click on sell, you'll have to confirm the action in Phantom wallet and a notification will appear once the order has been executed. At this point, you have two choices. Youre done. Consequently, in order to transfer, click on Send. Do More With Your Crypto - Instant transactions with super low fees - A beautiful home for your NFTs and tokens - Use all your favorite Solana dapps . If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. On top of that, you can use this link to open a free account at Binance. This doesnt mean that you shouldnt use Phantom. Each Solana compatible token stored on Phantom can be managed through the Solana network. Phantom is a self-custodial wallet. Phantom wallet. By default, every user can borrow up to $100,000 from. Phantom has everything you need to traverse the Solana ecosystem. In this step, SOL was selected to withdraw. RLB is currently listed on Dexlab, where you can trade RLB for USDC, and more exchange listings will happen in the near future. Now tap on your Solana funds and paste the Binance SOL address from the clipboard into Solanas recipient address. Last modified 2d ago. * Note: This is an example, do not send to this address. Function for copying wallet addresses. We recommend storing this in a secure location, such as a password manager, or writing it down and storing it somewhere safe. Phantom is a self-custody wallet that includes DeFi services such as on-platform altcoin swapping, an NFT marketplace, and staking services. Remember that Phantom can store all kinds of SPL tokens where USDC is just one of them. At the bottom of the mobile screen, you will be able to see multiple options, including. Remember, the interface might change slightly by the time you read this, but the functionalities will likely remain. Now, you will be able to see your Phantom wallet address in the top center of the wallet extension. As I'll touch on later, relayers and dispatchers allow users to have seamless interactions as they would with any normal "web2" application. Finalize the withdrawal of USDC funds from Phantom by giving the amount of USDC and approve the transaction. Great watching the solana defi ecosystem evolve bit by bit. A Phantom wallet account can be created by following these steps: 1. Withdraw USDC via the SOL network to Phantom Wallet. 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). For your help, we have described the step-by-step guide to withdraw SOL tokens above in this post. Phantom reserves the right to modify these fees, and the pairs on which they are charged, at any time in . The Phantom Wallet has a simple design, with a durable construction that makes it perfect for everyday use. Evan, the founder of Metaroids, is an OG crypto enthusiast and content creator who has explored the world of blockchain, AI, and other cutting-edge tech for nearly a decade. Read this guide and learn how to withdraw USDC from Phantom wallet to your bank account! Enter the Withdrawal Password and Complete the 2FA, Then, enter the withdrawal password and the 2FA Code. This allows you to buy SOL right away with the current market price, which is the best method for beginners. Still, it has definitely proven itself to be one of the fastest and most scalable layer-1 blockchains to date, albeit with a few hiccups along the way. The withdrawal process is very similar to that mentioned above just make sure that you use the Solana network! REPEAT AFTER ME SOLANA NETWORK FOR SOL/SOLANA. 4. Each round of the lottery requires you to stake RLB, where a 0.20% staking fee applies. I would highly recommend you memorize it, but if you dont have the time, its okay as most people dont; but it would be a lot more secure that way. How To Withdraw USDC From Phantom Again, when you want to send USDC from Phantom wallet by initiating a withdrawal, you need to send your funds elsewhere. Therefore, after finalizing your order your funds(money) will be available in your account for transfer straightaway. Just make sure that you have received the funds by going to your USDC wallet on Binance. Also, for each day in December, one lucky person will also win a Rollbot! Select the amount you want to withdraw. Powered By . Make use of the search box to find Solana (SOL). So you can either swap it to USDC or send SOL to an exchange and sell it there (I'd do the latter as it's probably slightly more price efficient). Firstly, its code was independently audited by cybersecurity firm Kudelski Security; and the company holds bounty programs regularly to reward white-hat hackers who report vulnerabilities in the app. Withdrawals are processed within 30-60 minutes. All information in the article is from CoinCu itself and Coi and researched informationn68 is not responsible for direct and indirect risks. You can click on the 'Withdraw' button in the top menu bar. As the Solana blockchain processes transactions very fast its just a matter of seconds waiting before funds arrive in the Binance account. Solana may seem like a fledgling in comparison to old-timers like Ethereum and Cardano. Create an account to follow your favorite communities and start taking part in conversations. You can also make use of a secured internet connection and do not use public WiFi networks. MODS or Community Managers will NEVER DM you first regarding your funds/wallet. You can withdraw funds directly to your bank account or to private wallets on fourteen crypto networks. 2. Use the search bar on the top right-hand side to navigate to the RLB/USDC market. Take note on the estimated withdrawal transaction fee. Each Solana compatible token stored on Phantom can be managed through the Solana network. How to cash out from Phantom Wallet? Then, paste the Phantom Wallet address that you have copied in Step 1 in the SOL Address field. After you have saved your wallet, go back to step 4. To view the recent transactions, tap on Wallet. MAKE SURE SOLANA NETWORK IS SELECTED AS THE WITHDRAWAL NETWORK, YOU ARE USING SOLANA NOTHING ELSE. The first trade would be to sell USDC for BTC(Buy Bitcoin) and then sell BTC for fiat currency(USD, EUR, or any other). We can copy the detailed wallet address below with 44 characters: Solana Coin (SOL) receive and send function. Just make sure that you have received the Solana funds by going to your wallet on Binance. After clicking Add Withdrawal Address, a search box will appear. Phantom has made its name as the popular Solana blockchain crypto wallet. In other words, to get money out of my Phantom wallet you need a centralized crypto exchange like Binance. When expanded it provides a list of search options that will switch the search inputs to match the current selection. First of all, you need to open an account which shouldnt be a complicated step. Here is a step-by-step guide on how to use the web3 wallet. In this guide, we used the Binance exchange as a practical example. We never have access to any of your data or funds. In order to withdraw cryptocurrencies from your Kraken account, you must first add and confirm the withdrawal address. Fees are claimed in the form of the maker / Buy asset. Input the amount you wish to spend in the given field, and then click Buy SOL. Phantom is simple and easy to use. Step 3.2 Create a password. In other words, you need to make sure that the platform you want to use supports the Solana network. The more RLB you stake, the greater the chance of winning. 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. Last modified 2d ago. Since you are going to transfer SOL from FTX to Phantom Wallet, you need to click on Withdraw. Please help. After tapping on Solana (SOL), the Withdraw SOL window will appear. You can withdraw supported cryptocurrencies from the eToro trading platform to an external wallet via eToro Money, which is a mobile app available on both iOS and Android devices. Click on Withdrawal Password and 2FA for Withdrawals to enable these options. In general, to withdraw money from Binance to your bank account go to Fiat and Spot Wallet first. [emailprotected] is everything I've ever wanted from a web wallet. First of all, you need to open an account which shouldnt be a complicated step. How do I withdraw money from Phantom wallet? I still have over 3.0 Sol in my account , do I need more, or is this a system error? Remember that Phantom can store all kinds of SPL tokens where SOL is just one of them. No, Phantom cannot hold or use ETH at the moment. From here, you'll be able to see your total Dapper Balance including both your withdrawable and non-withdrawable balances. 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. STEP 5: In this step, you have to open your own FTM wallet. Its no surprise that some of the top whales in crypto are backing it. 5. If you are unable to withdraw your cryptocurrency balances from Kraken, there may be several reasons for this. It works by generating and managing private keys on behalf of users that allow them to store funds and sign transactions. Tap on "Wallet" Tap on "Withdraw" Tap on Solana (SOL) Enter the Amount and Paste the Phantom Wallet Address Enter the Withdrawal Password and Complete the 2FA Check in Withdrawals Section and Phantom Wallet Application 1. Choose Solana from the drop-down, paste your Phantom address in the right field, and input the amount you want to spend. Your order should immediately go through. Paste your RLB address from your Phantom wallet into the 'receiving Rollbit Coin address', enter your 2FA code and select the number of coins you want to withdraw. As a result, you need to perform two trades on the trading engine. 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. After signing in, you will land on your dashboard. The consent submitted will only be used for data processing originating from this website. To start browsing on the Solana ecosystem Phantom supports you with the following functionalities: Probably you are already using Phantom on a daily basis and are familiar with the functionalities mentioned above. In this case, I chose the SOL/USDT pair and clicked on it. 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In this guide, we'll show you how to deposit and withdraw our own cryptocurrency built on Solana, Rollbit Coin (RLB). Select your deposit address. 3. 2021 COINCU Financial Group Inc. To complete the trade, you'll need to settle the USDC balance. Alternatively, you may write it down on paper and store it somewhere safe. Pin the app to the browser, in the top and left corners of the browser page, Select the Phantom icon in the browser extension. To receive the 2FA code, click on , 6. It is located in the upper right-hand corner. Additionally, if you already have a bank account connected to Binance then you can transfer money to it right away. Again, when you want to send USDC from Phantom wallet by initiating a withdrawal, you need to send your funds elsewhere. Transfering SOL from Binance to Phantom wallet is a simple task. If you already have a Sollet wallet, you can restore the wallet and select Use secret recovery phrase. You can then withdraw the money to your bank account by clicking withdraw. How To Withdraw From Phantom To Bank Account Again, when you want to withdraw money from Phantom wallet by starting a money transfer process, you need to send your funds elsewhere. Particularly, as Phantom is a wallet compatible with the Solana network you need to make sure that the withdrawal happens on this chain. Enter the token mint address in manual input section. The web3 wallet has a built-in DEX that allows you to trade SOL and Solana-based tokens seamlessly. Enter the amount of SOL you wish to transfer. Yes, Phantom is designed to be the decentralized wallet for the Solana blockchain network. Then, you can exchange those tokens for fiat money (USD) by launching another DApp like Raydium. Generative VS AI-Generated Art: Whats the Difference? Paste the withdrawal address on the platform of your choice. More information on how to use Binance P2P portal here. Join me as we build a network of metaverse and web3 pioneers. With this in mind, the Phantom wallet is one of the available tools on Solana to use. Web-scale blockchain with speeds of 50k TPS. Then click on Market, instead of Limit and Stop-Limit. When you successfully log into your account, click on "Balance". Search for USDC and on it, click Withdraw to the right. In fact, turning crypto into fiat currency is a common issue when dealing with decentralized wallets. Make sure you have enough SOL to pay for fees. Currently, only the wallet's browser extension is supported, thus, users must use a desktop device to link their Phantom wallet to our platform. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Besides, if you dont have SOL make sure you swap the tokens in the wallet to SOL first. 1. Enter the search field for the type of coin or payout token as SOLANA. 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