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how to send solana from binance to phantom

Withdrawing SOL from Binance to Phantom entails generating a Phantom wallet address, depositing SOL into Binance, initiating a withdrawal to the Phantom address, and verifying the transaction in Phantom's transaction history.

Nov 13, 2024 at 05:23 am

How to Send SOL from Binance to Phantom

Transferring SOL from Binance to Phantom is a simple process that involves the following steps:

1. Create a Phantom Wallet:
  • Visit the Phantom website and click "Create a New Wallet."
  • Generate a passphrase and store it securely.
  • Click "Create Wallet" and download the Phantom browser extension or mobile app.
  • Import your generated passphrase to access your Phantom wallet.
2. Deposit SOL into Binance:
  • Log in to your Binance account.
  • Navigate to "Deposit" and select "Crypto."
  • Enter "SOL" in the search bar.
  • Select the appropriate deposit channel and follow the instructions to transfer SOL to your Binance wallet.
3. Withdraw SOL to Phantom:
  • Log in to Binance and navigate to "Fiat and Spot."
  • Change "Withdraw" to "Crypto."
  • Enter "SOL" in the search bar.
  • Enter the Phantom wallet address generated during setup.
  • Input the amount of SOL you wish to transfer.
  • Click "Withdraw" and verify the transaction.
4. Receive SOL in Phantom:
  • Open your Phantom wallet.
  • Check if the SOL balance reflects the amount you withdrew from Binance.
  • The SOL should be visible in your Phantom wallet within a few minutes.
5. Confirm Transaction History:
  • Navigate to the "History" tab in your Phantom wallet.
  • Check if the recent transaction matches the SOL withdrawal from Binance.
  • Ensure that the transaction status is "Confirmed."

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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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