Phantom Wallet - A friendly Crypto Wallet

Phantom Wallet is extraordinarily the same as its web3 alternative, Metamask. It is accessible as a free browser extension that is accessible to download for Firefox, Edge, Chrome, and Brave Browser. Using this wallet, you can direct your NFTs and Crypto, swap tokens, and access DeFi applications on the Solana Blockchain. It is safe to use. You can collect, store, send, receive, and swap tokens on Phantom Wallet.

Here is the step-by-step guide highlighted below to make the registration process easier for you. You need to function on each process carefully to not face any kind of trouble. And do not skip any given steps.

Fees Structure of Phantom Wallet

You have to pay gas fees or transaction costs for any transactions on the Solana network. It is the same as how you want to pay ETH for transactions on Ethereum or BNB for the Binance Smart Chain. But still, you are required to pay SOL for Solana.
You must have enough SOL tokens in your Phantom Wallet to pay any transaction fees while sending, staking, swapping, etc.

About Phantom Wallet App

The Phantom Wallet for iPhone is also accessible as a mobile app by which you can utilize the Crypto wallet and your desired Web3 Apps on the go. It will be possible for you to do everything you can on the desktop, containing functions like receiving, swapping, earning, and sending.
However, the Phantom Wallet app is only accessible on the App Store for iOS devices and is not accessible for Android devices.

Steps to Download Phantom Wallet App on iOS Device

Before you start using the app, you need to get it on your desired device. To download the Phantom Wallet app on your device, you must attempt the below-given steps.

To commence, you have to open an App Store on your device.
Secondly, you have to enter the URL Phantom Wallet in the search bar.
Then, you need to click on the Enter button.
You need to hit on the Phantom Wallet Symbol from the available list.
Now, move to the Get or Download option attached to that page.
After completing the downloading process, it will get added to your App list.

Steps to Create a New Wallet on Phantom Wallet

Attend the instructions to generate a new wallet on Phantom Wallet. Go through the instructions properly; otherwise, you might face some repercussions.

After downloading the Phantom Wallet app, you need to open the app on your device.
Secondly, you have to click on the Create a New Wallet bar provided at the bottom of your screen.
Find and tap on the Ok; I saved it somewhere on the option given on the Secret Recovery Phrase page.
Then, you will be connected to the Create a Password page.
You have to Create a Login Password for your wallet on that page.
To re-confirm the password, you must enter it on the Confirm Password bar.
Moving ahead, you have to walk through the Terms of Service carefully.
And accept all the conditions by hitting on the checkbox available there.
Click on the Save option.
Hit on the Continue bar and proceed to the next step.
And you are all done with the process of creating a new wallet on Phantom Wallet.

Steps to Connect Phantom Wallet to Ledger Device

To connect Phantom Wallet to the Ledger device, you should go through the guide highlighted here.

To start with, you have to install the Solana App on your Ledger.
Then, hit on the Setting bar given on your Ledger device.
And then move to the Allow Blind Sign into Yes option.
Join and unlock your Ledger device.
After that, you have to open the Phantom Wallet.
Stepping ahead, you have to tap on the Burger/Menu bar available on the top-left side of the wallet.
Now, go to the Add/Connect Wallet option.
Next, you have to select the Connect Hardware Wallet bar.
After a few minutes, it will prompt a bar to select a USB device, and then you have to select the Ledger Device and Connect.
Lastly, you need to choose the address you would like to utilize.
That is how you can connect the Phantom Wallet to Ledger Device.

Steps to Withdraw Money on Phantom Wallet

In this section, you will get the full step-by-step instructions to know how to withdraw money on your Phantom Wallet app.

Foremost, you need to go to the Phantom Wallet website.
Now, you have to enter your Wallet Address in the respective boxes.
Then, you have to hit on the Solana Token Balance given in your wallet.
Moving ahead, you need to click on the Your Stake button.
Nextly, you have to select the validator or staking account that you like to withdraw from.
After which, you need to select the three-dotted symbol attested at the top-right side of your screen.
And go to the Withdraw SOL option.
You need to ensure that you should have enough SOL. Rather, it will cancel your transaction.

Steps to Examine All the Staking Rewards on Phantom Wallet

You can see all the staking rewards on your Phantom Wallet app using the below-stated direction.

Firstly, you have to open the URL Phantom Wallet.
Secondly, you should enter your correct Wallet Address in the provided area.
Now, you have to select the Stakes button.
Then, you can select any desired account from the available list on your screen.
In the end, you need to hit on the Stake Rewards option.
The available Epoch number will provide you with the reward date and quantity.
By hitting the Download CSV, you will get all the details in a spreadsheet form.

Conclusion

Hopefully, the above-attested guide would have helped you to get yourself entered into the Phantom Wallet. The full details about its fee structure are also given, which you need to follow while doing transactions from your wallet. It also offers you an option to submit a support ticket whenever you face any issue. Soon they will reach you and get your problem solved. So using Phantom Wallet would be a great experience for you.