Create a wallet on Phantom

ProjectPhantom
ChainSolana
Time10 minutes
Reward$1 in SOL

What is Phantom? 

Phantom is a type of wallet that allows users to store, swap, buy, and sell tokens and NFTs on the Solana blockchain.

What’s so special about Solana? The blockchain is one of the fastest blockchains in the world, handling 50,000 transactions per second. Solana’s 14,000% value increase within a year demonstrates its growing popularity. Phantom, a DEX, supports the Solana ecosystem, allowing users to interact with NFTs and Solana (SOL) tokens. To learn more about DEXs, visit our tutorial on (Swap tokens on SushiSwap). 

Phantom to Solana is what Metamask is to Ethereum. Phantom supports an in-app browser, very similar to Metamask. It is a Web 3.0-based crypto wallet that combines Web 1.0 (the first stage of the World Wide Web) and Web 2.0 (the social web which hosts websites for users to interact with).

In addition to NFT and Solana token compatibility, users can stake SOL and can receive rewards using the Phantom wallet. Since Phantom doesn’t have a built-in staking system, they connect the investors to the validators that receive the stake and pay the rewards. 

There aren’t many wallets which fully integrate the Solana blockchain, with Phantom being one of the very few. It’s diverse and easy-to-use platform makes it one of the best wallets to use.

What we’ll do in this tutorial 

We will be going through, step by step, how to create a Phantom wallet. In contrast to our other tutorials, you won’t be needing any tokens or money, just a phone to install Phantom onto.

1. Search up Phantom on the App Store

Download the Phantom app on your phone. Here are the links for Android and iOS.

Click the Create New Wallet button and follow the instructions.

Make sure you record your Secret Wallet Phrase and store it somewhere safe, as that lets you log into your wallet. 

2. Claim your reward! 🎁

You've completed the required steps, and it's time to get paid! The final step is submitting a reward claim so we can verify you've completed the tutorial.

Click the “Claim Reward” button at the top of the page.

Fill in the address of the wallet you used for this tutorial

Include a screenshot of your phantom wallet extension with your wallet address visible!

Submit the form and wait!

We’ll confirm that you created a Phantom wallet and send over $1 of SOL as a reward!