Tutorial for Phantom Wallet
Updated: May 20, 2022
What is a Phantom Wallet?
Phantom is a free-to-use digital wallet on Solana Chain.
You can store, send, receive, stake and swap Solana-based cryptocurrencies, tokens and Non-fungible tokens (NFTs) with Phantom. It has a browser extension and has released its IOS and Andriod application.
In this guide, you will find the tutorial you need to learn how to set up a phantom wallet.
Tutorial for Phantom on PC
To create a Phantom account, you can follow the below step-by-step tutorial.
Download the extension
Create New Wallet
Create a password
Secret Recovery Phrase
Use Phantom
1. Download the extension
To download the Phantom wallet extension, you need to go to the Phantom Official website. Choose the corresponding browser.
You can also add the extensions directly from the Google Chrome extension store or Firefox extension store, by clicking “Add to Chrome” or “Add to Firefox”.
2. Create New Wallet
After installing, Phantom should pop up in a new tab.
If you are a new Phantom user, select “Create New Wallet”.
If you already have a wallet, click "I already have a wallet" and log in with your Secret Recovery Phrase.
3. Create a password
You will need to create a password for your wallet.
Type the same password twice in both “Password” and “Confirm Password”.
Remember to tick the checkbox to agree to the Terms of Service after reading it.
4. Secret Recovery Phrase
Store your “Secret Recovery Phrase” in a safe and secure location. It is the only way to recover your wallet.
We suggested that you can save it down in two or more places and store them separately and safely.
** You should not share your secret phrase with anyone. Whoever has access to your secret phrase has access to your wallet. Our team will NEVER ask you for your secret phrase or private key.
5. Use Phantom
You can open the Phantom extension in your browser's toolbar.
Look for a “puzzle” icon and find Phantom on the list of installed extensions.
You could pin Phantom to the toolbar to make it easier to find in the future.
Conclusions
Always remember to save your secret recovery phrase in multiple safe places to prevent losing it. Just keep in mind, that even Phantom developers cannot help you if you lose it.
By now, you have successfully installed and created a Phantom Wallet.
You could transact cryptocurrencies and NFTs to your Phantom Wallet, and start diving into the crypto world.
Phantom Official Website: https://phantom.app/