欧易NFT

A Comprehensive Guide to Operating the SOL Phantom Blockchain Wallet for Web3 Beginners.md#

Blockchain - Wallet#

Taking Phantom Wallet as an Example#

1. Overview of Phantom Wallet#

1. Application Scenarios
   • Primarily supports Solana (SOL) chain, while also compatible with Ethereum (ETH) and Polygon (MATIC) assets.
   • Used for storing tokens, NFTs, staking SOL, and connecting to Solana ecosystem DApps (such as Magic Eden, Raydium).
2. Main Advantages
   • Simple user interface, supports multi-chain switching.
   • Built-in token swap, NFT display, and staking features.
   • Provides browser extension and mobile app support (available for iOS and Android).

2. Installation and Configuration#

Step 1: Obtain Phantom

• Browser Extension (recommended Chrome or Brave):
  1. Visit the official website phantom.app, click “Download” → select the browser for installation.
  2. Note: Only obtain from the official website to avoid counterfeit extensions.
• Mobile:
  Search for “Phantom: Crypto Wallet” in the App Store or Google Play to download.

Step 2: Create a New Wallet

1. Launch Phantom, click “Create New Wallet”.
2. Set the wallet name and password (at least 8 characters, including letters and numbers).
3. Backup the mnemonic phrase:
   • The system generates 12 English words, write them down in order on paper (avoid screenshots or online storage).
   • Complete the word order verification to ensure successful backup.

Step 3 (Optional): Import Existing Wallet

• If you already have a Solana wallet, you can import it using the private key or mnemonic phrase:
  Click “Import Existing Wallet” → enter the mnemonic phrase or private key.

3. Basic Operation Guide#

1. Receive Assets

1. Click the “Receive” button on the wallet homepage.
2. Copy your Solana address (starting with SOL, e.g., SOLabc...xyz) or Ethereum address (switch to ETH chain, starting with 0x).
3. Provide this address to the sender (such as the withdrawal address from an exchange).

2. Send Assets

1. Click “Send” → enter the recipient's address and transfer amount.
2. Select Network:
   • Ensure the network is Solana when sending SOL.
   • Switch to Ethereum network when sending ETH.
3. Confirm the transaction fee (Solana fees are usually less than $0.01).
4. After verifying the address is correct, click “Confirm” to complete the transaction.

3. Add Tokens or NFTs

• Tokens:
  Click “Tokens” → “+” → search for the token name (e.g., USDC) → click “Add”.
• NFTs:
  NFTs automatically display in the “Collectibles” tab, no manual addition is required.

4. Advanced Features#

1. Multi-Chain Switching

1. Click the network indicator at the top (default is Solana).
2. Select Ethereum or Polygon to manage the corresponding assets.
   • After switching networks, the address will change (e.g., ETH address starts with 0x).

2. Token Swap

1. Click “Swap” → select the token pair to swap (e.g., SOL to USDC).
2. Set the slippage tolerance (default 1%, to prevent transaction failure).
3. Confirm the exchange rate and fees before completing the swap.

3. SOL Staking

1. Click “Earn” → “Start Earning”.
2. Choose a validator node (recommended low commission rate and reputable nodes).
3. Enter the staking amount → confirm the transaction, earnings update daily.

4. Connect to DApp (using Magic Eden as an example)

1. Visit magiceden.io, click “Connect Wallet”.
2. Select Phantom → click “Connect” in the pop-up to authorize.
3. When purchasing NFTs, Phantom automatically pops up a transaction confirmation window.

5. Security Configuration#

1. Basic Protection

• Mnemonic Phrase/Private Key:
  • Save offline, never share with others (Phantom will not ask for it).
  • Consider using a metal mnemonic board (like Billfodl) for fire and corrosion resistance.
• Wallet Password:
  Regularly update your password, avoid reusing it on other platforms.

2. Anti-Phishing Measures

• Domain Verification:
  Ensure the DApp URL you are visiting is correct (e.g., magiceden.io not mag1ceden.com).
• Transaction Confirmation:
  Check the address and amount in the pop-up before signing the transaction to prevent malicious contracts from stealing assets.

3. Enable Privacy Mode

• In Phantom settings, turn on “Hide Personal Data” to prevent sensitive information from being leaked through screenshots.

6. Frequently Asked Questions#

1. Why did the transaction fail?
   • If the Solana network is congested, try increasing the priority fee or retry later.
   • Insufficient balance to cover the transaction fee, reserve 0.02 SOL as a buffer.
2. How to recover the wallet?
   • Install Phantom on a new device → click “Import Existing Wallet” → enter the mnemonic phrase.
3. Does it support hardware wallets?
   • Supports Ledger connection, select “Connect Hardware Wallet” in settings for enhanced security.

Blockchain - Virtual Currency#

Categories#

USDT vs USDC#

1. Core Differences

2. Use Cases

• Transfers: Choose the corresponding chain when withdrawing from exchanges (e.g., ERC20 requires ETH for gas fees).
• Trading: Exchange for BTC or ETH on exchanges to avoid price volatility risks.
• Hedging: Convert to USDT or USDC to preserve value during market downturns.

⚠️ Note: Cross-chain transfers require confirmation that the other party supports the same chain, or assets may be lost!

Beginner's Essential Tips#

1. Small Amount Testing: Start with a $10 test for your first operation to familiarize yourself with the process.
   1. Download Phantom and create a wallet (test the backup process).
   2. Purchase $10 USDT on an exchange (choose Solana chain, be mindful of other products' chains like ERC20, TRC20, BEP20, etc.), and withdraw to your wallet.
   3. Try exchanging a small amount of Solana (or other cryptocurrencies) with USDT on the exchange to experience the process.
2. Understand Gas Fees: Fees may be higher during Solana network congestion; choose your timing wisely.
3. Beware of Scams: Do not trust “private message airdrops” or “official customer service private messages.”
4. Backup with Double Insurance: Store the mnemonic phrase in two separate locations (e.g., at home and in a bank safe).

Limited-Time Benefits - New Users Register to Receive a Minimum of 20+ U Bitcoin Blind Box 🎁#

🎁 Register on mainstream exchanges like OKX, Binance, Huobi, Bitget, Bybit, Gate, Backpack, etc., and collect all mainstream exchanges' latest anti-loss domain names on one webpage 👉🏻: https://linktr.ee

Solutions for Accessing OKX, Binance, Huobi, and Other Exchanges from Mainland China#

Many exchanges' original domain names may be blacklisted or slow to access due to overseas servers. Ordinary users may feel confused and even suspect platform service interruptions. In fact, this is more due to the network environment. To address this, exchanges like OKX and Binance regularly update backup domain names to ensure users can access the official website through alternative addresses.

• 1. OKX backup domain Overseas OKX - Requires VPN or Alternative link
• 2. Binance backup domain Binance
• 3. Bitget backup domain Bitget
• 4. Bybit backup domain Bybit/Bybitglobal
• 5. Huobi HTX backup domain Huobi/HTX
• 6. Gate backup domain Gate.io

Related Reading#

Top 10 Virtual Currency Trading Platforms in China for 2025 Released 🔥【Worth Collecting】

【Real Stories of Wealth in the Crypto World】Many people ask me how I went from 0 to 11 million and then to a debt of 100,000 after years of trading cryptocurrencies.

🔥🔥🔥 Useful Tools for Alpha Finding Gold Dogs#

1️⃣ Axiom Dog-Charging Tool https://axiom.trade
2️⃣ Gmgn Dog-Charging Tool https://gmgn.ai
3️⃣ dbot Dog-Charging Tool https://app.debot.ai
4️⃣ Morelogin Multi-Account Fingerprint Browser www.morelogin.com

Popular Searches#

phantom wallet tutorial, cryptocurrency exchange rankings, is okx reliable, is Binance reliable, okx download registration, domestic okx recharge, Binance App registration, Binance App download, Binance platform buying tutorial, Binance registration, Binance airdrop registration, Binance iPhone download, how to buy presidential coins, how to buy dogecoin, how to buy Bitcoin with RMB, how to download OKX, web3 airdrop, web3 zero airdrop, bitget mainland download registration, OKX passport registration, OKX download, Binance download, cryptocurrency side business, OKX contracts, how to recharge RMB on OKX, how to recharge on OKX, how to create an NFT wallet, how to recharge RMB on Huobi, cryptocurrency beginner tutorial, btc8848.com, contract trading Tony's mindset, contract leverage bit wave, DeFi mining, cryptocurrency airdrop, can cryptocurrency airdrops still be played, what to do if a contract is liquidated, how to buy presidential coins on OKX and Binance, how to buy Ethereum on OKX and Binance, how to play DeFi staking and mining, can NFTs still be played, how to play web3 airdrop, how to write inscriptions, how to write runes, cryptocurrency beginner's guide, how to trade cryptocurrencies, can trading cryptocurrencies make money, cryptocurrency beginner tutorial btc8848.com, can trading cryptocurrencies make money, what is contract leverage, DeFi mining, how to play cryptocurrency airdrop, OKX airdrop, node staking, liquidation, financial freedom, night investment heiyetouzi.xyz