Phantom wallet extension gives a wider approach of using the wallet which helps the investor in getting a wider picture of crypto activities. In general, we all know how to access the wallet through a mobile app, but with this piece of information, we will try to learn how to work through an extension.
Phantom Wallet Solana is a hot software crypto wallet that functions as an intermediary to connect Solana blockchain to potential users. Introduced in the year 2021, this wallet is available in both forms i.e. an extension and a mobile app. The wallet functions like two peas in a pod to the other wallets that are existing in the crypto world.
This wallet can be accessed by the users by creating a wallet (if they are not having one). For this, investors are asked to submit a couple of information that is linked to the user’s account and is used in the future course of action. After creating a wallet, you can easily perform any of the activities supported by this wallet to take your trading journey to new heights.
To aid you in understanding the mechanism of the Phantom wallet extension, we are here to provide you with some of the salient traits that you will experience in operating the trade activities through an extension.
The lineaments of this wallet extension are:
Gear up trade journey with instant transactions at much lower fees
A protective place for your crypto tokens, including NFTs
Permits investors to connect their wallet to a hardware wallet to experience enhanced security
Govern all your funds by yourself
Get more exposure to the elements of the crypto realm
Effortless to use
Facilitates users with Multi-chain support
Demolishing the walls of limitations, the wallet is designed which is compatible to work on multi-platforms. This means that users can access this wallet on their respective mobile devices and web-plugin as well. This practice of making the wallet available on multiple platforms was adopted so that no crypto investor faces difficulty or abstains from enjoying the services that this wallet carries.
Considering the preferences of the investors, we are hereby listing the ways through which you can access this wallet. Have a glance at the option provided underneath:
For mobile devices:
If you prefer to access the wallet on your mobile devices, then you can get its app installed on your mobile device. You can get the app by diving into the in-built software store of your mobile devices. Further, the Phantom app is compatible to run on both Android and iOS. To collect brief information about this wallet app, reach out to https://phantom.app/.
For Desktops/Laptops:
If you belong to the category of tech-savvy investors, then you’ll have to get an extension installed on your device. Phantom Wallet Extension for Chrome, Safari, Firefox, Edge and Brave is searched by the investors. You can opt for the one which you find suitable for initiating your crypto funds activities via a web plugin. However, Chrome is ranked as the best Phantom wallet extension among the listed ones.
To create a wallet using the Phantom Wallet extension, there are a couple of steps that investors have to perform. Before, you jump into the process of creating a wallet, you’ll have to first get an extension installed on your device.
To avoid any hindrance on your way, we are summarizing some of the prerequisites that you’ll have to follow. To know what are they, give a quick peep underneath:
Ensure that the device is having a stable internet connection
Determine or pick the extension which you are going to install down the road
Try working with a private mode i.e. Incognito
One cannot create a wallet on the web plugin by skipping the installation of an authentic extension supporting the activities of this wallet. We are here picking up Chrome as the browser extension to run the wallet activities.
Kick-start the process by reaching the https://phantom.app/download
From the listed browser symbols tap on the one that you are opting for installation (We are here clicking on the Chrome icon)
This will redirect you to the extension page or “Chrome Web Store”
Hit on “Add to Chrome”> “Add Extension”
Sit tight for a few minutes to get the extension launched on your device
Once you have completed the installation process, what you have to do next is to move ahead in the journey to create a wallet. But before that, ensure that the extension has been installed successfully. To check this, open the installed extension on your device. After checking this, adhere to the steps listed down:
From the appeared page, go with “Create New Wallet”
Further, complete the displayed prompted actions
In between the intact process, you will get to know the secret phrase of the wallet, take down it somewhere safe offline
After the completion of the configuration and setting up of the wallet, users are free to interact with the dApps after connecting the wallet to it
Hurdles are a part of work and online tasks are not an exception to it. You might encounter a few issues while accessing this wallet. The issue might relate to the wallet login, connecting the wallet to a dApp (usually arises because of network mismatch), and others. However, most of the issues such as login issues, etc can be resolved by practicing a few of the troubleshooting measures.
Some of the easy-to-follow resolutions that you can perform are:
Checking the internet connection and speed
Peeping into the wallet server status (operational or not)
Erasing out the cache and cookie data of the operating device
Shutting down the device and then starting it again
Re-installing the extension after removing the former one
Closing the other tabs if working behind
This explanatory read was furnished to aid you in developing a quick and clear understanding of the Phantom Wallet extension. Extensions help in operating wallet activities through a computer. With extensions, investors get more options and can even dive into the vast ocean of the crypto ecosystem and can integrate with the dApp they find beneficial. Further, the choice to opt for an extension or go with the wallet mobile app totally rests with the investors.