Managing cryptocurrency on a self custody wallet like Phantom seems to be a good option for the users to have stability over their own crypto thereby to ensure holding one’s private keys and funds as well. Although an exchange platform such as Coinbase appears to be a good choice to buy $SOL yet not preferable to make it store for a long duration.
This blog contains all the possible means on ‘Can I transfer Solana from Coinbase to Phantom’ for the crypto users in the most convenient manner possible.
How to send Solana from Coinbase to Phantom wallet:
Following are the steps one needs to perform to send Solana from Coinbase to Phantom wallet:-
- To begin, open Phantom Wallet on your device and then enter the account password to login to the account.
- Next, select the ‘Receive’ tab and then carefully copy the wallet address of Solana.
- In the next step, login to the Coinbase account with the required information.
- Desktop Or Mobile:-
- Desktop users can locate the button on ‘Send Crypto’ located to the right of the displayed screen.
- Mobile Coinbase App users can locate the ‘Transfer’ option situated to the bottom of the displayed page to get the option on ‘Send Crypto’.
- Under the section of ‘Send Crypto’, click on Solana ($SOL) as the desired cryptocurrency.
- Next, type the Solana amount that is required to be transferred from the Coinbase wallet to Phantom wallet.
- Then, paste the Solana Receive Phantom Wallet address copied earlier in ‘To’ box field.
- Once it is done, give a thorough check on the details of the transaction to ensure the correct wallet address has been pasted.
- Now, hit the button on ‘Preview Send’.
- In the next step, click the button on ‘Send Now’ to confirm the desired transfer.
- Further a verification code on Coinbase will be sent to the phone device which one needs to fill in the appropriate boxes to complete the procedure.
Points to Remember: Coinbase sending Solana to Phantom issues:
Listed are some of the important points to attain a Safe Transfers of the Crypto wallet:-
- It is recommended to give a thorough preview on the address wallet before transferring Solana to the desired wallet.
- Users at first can request the transfer of a small amount if not sure.
- One must aim to place the password of Phantom wallet and the recovery phrase securely.
- Never declare the Secret Pass Phrase or Private Keys to anyone.
Bottom Lines:
Thus, by now we have come to the end of this blog and hope customers can transfer Solana from Coinbase to Phantom without any hustle. Make sure to keep the Pass phrase in a secure place for future use. Double-check addresses before sending Solana from Coinbase to Phantom and stay cautious of phishing scams.