Here’s a step-by-step guide for transferring SOL from Coinbase or Robinhood to your Phantom Wallet:
For Coinbase:
1. Log In to Coinbase
• Open the Coinbase app or website and log into your account.
2. Purchase SOL (If Needed)
• If you don’t have SOL yet:
• Go to Buy/Sell on Coinbase.
• Select Solana (SOL) and complete your purchase using your preferred payment method.
3. Get Your Phantom Wallet Address
• Open your Phantom Wallet and click Deposit.
• Choose Receive > SOL.
• Copy your wallet address (it’s a long string of letters and numbers).
4. Withdraw SOL From Coinbase
• In Coinbase, go to your Assets tab and select Solana (SOL).
• Click Send/Receive > Send.
• Paste your Phantom Wallet address into the recipient field.
• Enter the amount of SOL you want to transfer.
• Double-check the wallet address for accuracy.
5. Approve the Transaction
• Review the transaction details, including any withdrawal fees.
• Confirm and approve the transaction. SOL should arrive in your Phantom Wallet within a few minutes.
For Robinhood:
1. Log In to Robinhood
• Open the Robinhood app or website and log into your account.
2. Purchase SOL (If Needed)
• If you don’t own SOL:
• Search for Solana (SOL) in the Robinhood app.
• Buy SOL with your linked bank account or balance.
3. Enable Crypto Transfers
• If it’s your first time transferring crypto, Robinhood will prompt you to enable crypto withdrawals.
• Complete identity verification to unlock the feature.
4. Get Your Phantom Wallet Address
• Open your Phantom Wallet, click Deposit, and select Receive.
• Copy your wallet address (specific for Solana).
5. Withdraw SOL From Robinhood
• Go to your Assets tab, find Solana (SOL), and click Send.
• Paste your Phantom Wallet address into the recipient field.
• Enter the amount of SOL you wish to transfer.
• Double-check the wallet address and transaction details.
6. Confirm and Send
• Approve the transfer in the app. Robinhood might send a verification code to your email or phone. Complete the verification to proceed.
• SOL should arrive in your Phantom Wallet shortly, though Robinhood transfers can sometimes take longer than Coinbase.
Key Tips for Both Platforms:
• Verify the Wallet Address: Always confirm that your Phantom Wallet address is correct and for Solana (SOL). Mistakes are irreversible.
• Have SOL in Phantom for Gas Fees: Ensure you keep a small amount of SOL in your Phantom Wallet for future transaction fees.
• Withdrawal Fees: Coinbase and Robinhood may charge withdrawal fees—check these during the transaction process.