How to withdraw SOL from Binance to Phantom? (Wallet transfer)

Understanding SOL Withdrawal Requirements

1. Ensure your Binance account has completed identity verification at the required level to enable withdrawals.

2. Confirm that your Phantom wallet supports the Solana network and displays a valid Solana address starting with “A” or “B”.

3. Double-check that the withdrawal network selected on Binance is explicitly labeled as Solana (SOL), not Ethereum, SPL, or any other chain.

4. Verify that your Phantom wallet has sufficient SOL balance to cover transaction fees—typically 0.000005 SOL per operation—but no additional gas fee is needed for receiving.

5. Make sure you are using the latest version of the Phantom browser extension or mobile app to avoid compatibility issues with newer token standards.

Preparing Your Phantom Wallet Address

1. Open Phantom wallet and select the Solana network if multiple chains are available.

2. Click on your wallet balance or account icon to reveal the full public address.

3. Copy the entire address carefully—do not truncate or modify any characters.

4. Paste the address into a secure text editor first to inspect for invisible spaces or Unicode artifacts.

5. Confirm the address length is between 32 and 44 alphanumeric characters and contains only uppercase letters, lowercase letters, and numbers—no symbols or hyphens.

Initiating the Withdrawal on Binance

1. Log in to your Binance account and navigate to Wallet > Spot Wallet > Withdraw.

2. Search for SOL in the asset list and click Withdraw next to it.

3. Select Solana (SOL) from the Network dropdown menu—this step is critical and irreversible once confirmed.

4. Paste your Phantom wallet address into the recipient field without adding memo or tag fields, as Solana does not use them.

5. Enter the withdrawal amount, review the network fee displayed (usually 0.00001 SOL), and click Submit after confirming all details.

Troubleshooting Common Transfer Issues

1. If the transaction remains unconfirmed for over 10 minutes, check Solana Explorer using the transaction ID provided by Binance to verify status.

2. If funds do not appear in Phantom after confirmation, refresh the wallet manually—some versions require manual sync rather than auto-polling.

3. Do not attempt to re-send the same withdrawal; duplicate submissions may result in lost funds or double charges.

4. Avoid using exchange-generated addresses as recipients—Phantom must be the final destination, not an intermediary service.

5. If Phantom shows zero balance despite confirmed on-chain receipt, check whether the SOL token is hidden under “Manage Tokens” and manually add the native SOL contract.

Frequently Asked Questions

Q: Can I withdraw SOL from Binance to Phantom using a hardware wallet connected to Phantom?A: Yes—provided the hardware device is properly initialized and the Solana app is open, Phantom will reflect the correct derived address and receive funds normally.

Q: What happens if I choose the wrong network like ERC-20 or SPL on Binance?A: Choosing ERC-20 will cause irreversible loss—the SOL will be sent to an incompatible Ethereum address and become unrecoverable. SPL is technically correct but redundant since SOL on Solana is inherently SPL-compliant; selecting Solana (SOL) is the precise and safe option.

Q: Does Phantom support memo fields for SOL withdrawals?A: No—Solana does not utilize memos for standard token transfers. Entering any memo on Binance during SOL withdrawal will either be rejected or ignored, potentially causing delays or failure.

Q: Why does my Phantom wallet show “No tokens” even after SOL appears on Solana Explorer?A: Phantom may not auto-detect newly received SOL if the wallet was opened before the transaction. Close and reopen the extension or pull-to-refresh the mobile interface to force a full balance resync.