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Overview

Phantom is one of the most popular wallets in the Solana ecosystem. It's fast, easy to use, and perfect for beginners who want to store, send, and trade Solana-based assets. In this guide, you’ll learn step by step how to install Phantom, create your first wallet, and start using it safely to access dApps, NFTs, and tokens on the Solana blockchain.

❓ What Is Phantom?

Phantom is a simple and secure cryptocurrency wallet built for Solana. It lets users:

  • Store and manage SOL and SPL tokens

  • Interact with decentralized apps (dApps)

  • Collect and trade NFTs

  • Swap tokens directly inside the wallet

Its intuitive design and fast performance have made it a go-to wallet for newcomers and advanced users alike.

Prerequisites for this guide

Required prerequisites:

  • Brave, Google Chrome or a browser that supports Phanttom

All prerequisites are marked with checkmarks for easy scanning.

What You'll Learn

  • What Phantom is and why it’s popular in the Solana ecosystem
  • How to install and set up your first Solana wallet
  • How to back up and protect your wallet with a recovery phrase
  • How to fund your wallet with SOL and start using it
  • How to connect Phantom to decentralized apps and services

Step-by-Step Instructions

Install the Phantom Wallet

  • Visit the official Phantom website: phantom.com

  • Click “Download” and choose your preferred version:

    • Browser extension (Chrome, Brave, Firefox, Edge)

    • Mobile app (iOS or Android via the App Store or Google Play)

Follow the installation instructions to add Phantom to your device.

Screenshot for Install the Phantom Wallet
Step 1: Install the Phantom Wallet

Create your first Solana wallet

  1. Open Phantom and click “Create New Wallet”

  2. Set a strong password (include numbers, symbols, and uppercase letters)

  3. You’ll be shown a 12-word recovery phrase

    • Write it down and store it safely offline

    • Never save it on your phone or share it with anyone

  4. Confirm that you’ve saved your phrase, then click “Continue”

💡 Already have a wallet? Click “Import Existing Wallet” to restore it using your recovery phrase.

Screenshot for Create your first Solana wallet
Step 2: Create your first Solana wallet

Access Your Wallet

  • Open Phantom and enter your password

  • You’ll be directed to your wallet dashboard, where you can view balances, transaction history, and NFTs

Screenshot for Access Your Wallet
Step 3: Access Your Wallet

Add SOL to Your Wallet

You’ll need SOL (Solana’s native token) to pay for transactions.

Two options to get SOL:

  • Buy within Phantom:

    • Click “Buy” → Select “Solana (SOL)”

    • Enter the amount → Choose a payment method (credit card, bank transfer)

  • Transfer from another wallet or exchange:

    • Copy your wallet address and send SOL from another account

⚠️ Always double-check the address before sending funds.

Screenshot for Add SOL to Your Wallet
Step 4: Add SOL to Your Wallet
⚠️ Important
  • • Always double-check the address before sending funds.

You’re Ready to Explore Solana

You can now:

  • Trade tokens directly in Phantom

  • Connect to dApps (like Jupiter, Magic Eden, Marginfi)

  • Mint, collect, or sell NFTs

  • Stake SOL or explore DeFi platforms

🧠 Phantom will automatically detect tokens and NFTs as they arrive—no manual import needed.

Screenshot for You’re Ready to Explore Solana
Step 5: You’re Ready to Explore Solana

Frequently Asked Questions

Common questions about How to Create a Phantom Wallet on Solana (Beginner Guide) and how to use it effectively

Yes, Phantom is completely free. There are no setup or subscription fees.
Yes. Phantom is available as a browser extension and a mobile app for iOS and Android.
Phantom is non-custodial, meaning you control your private keys. As long as you keep your recovery phrase safe, it’s secure.
You can recover your wallet on another device by entering your 12-word recovery phrase. Never lose it or share it.
Yes. SOL is used to pay small transaction fees on the Solana network, so you’ll need a little SOL to get started.
Yes. Phantom allows you to purchase SOL via integrated partners using a credit card or bank transfer.

This FAQ section is fully accessible. Use the keyboard to navigate through questions.

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