To transfer Solana (SOL) from FTX to Phantom wallet, you need to first copy the Phantom Wallet address.
Then, find Solana (SOL) in your FTX account and click on “Withdraw”.
Now, you need to paste the Phantom Wallet address and enter the amount of SOL.
Next, enter the withdrawal password and complete the 2FA.
Lastly, click on “Withdraw”.
The withdrawal processing typically takes 1 to 5 minutes to complete.
However, it can take longer if the network is congested.
To transfer Solana (SOL) from FTX to Phantom Wallet, there will be zero withdrawal fee applicable.
- Steps to Transfer Solana (SOL) from FTX to Phantom Wallet
- Steps to Transfer Solana (SOL) from FTX Mobile Application to Phantom Wallet Mobile Application
Steps to Transfer Solana (SOL) from FTX to Phantom Wallet
- Copy Phantom Wallet Address
- Go to FTX Portfolio
- Find Solana (SOL)
- Enter the Amount and Paste the Phantom Wallet Address
- Enter the Withdrawal Password and Complete the 2FA
- Check in Withdrawals Section and Phantom Wallet
1. Copy Phantom Wallet Address
Open the Phantom Wallet extension.
Type in your password to unlock it.
Now, you will be able to see your Phantom wallet address in the top center of the wallet extension.
Tap on the address to copy it.
2. Go to FTX Portfolio
Visit the FTX website. If you are a US resident, visit the FTS.US website.
Sign in with your login credentials or you can even sign in with your Apple or Google account.
After signing in, you will land on your dashboard.
Hover over the “Wallet” located on the top right corner of the webpage.
Now, you will see a few options: Portfolio, FTX Card, and Borrow/ Lending.
Click on Portfolio.
3. Find Solana (SOL)
Now, you will be able to view the balances of all crypto tokens and fiat currencies.
Use the search box to find Solana (SOL).
Type “SOL” in the search box and you could see Solana (SOL).
Since you are going to transfer SOL from FTX to Phantom Wallet, you need to click on “Withdraw”.
4. Enter the Amount and Paste the Phantom Wallet Address
After clicking on “Withdraw”, the Withdraw SOL window will appear.
Here, you need to enter the amount of SOL that you wish to send in the “Amount field”.
Then, paste the Phantom Wallet address that you have copied in Step 1 in the “SOL Address” field.
Since FTX only supports the Solana blockchain network for SOL transactions, you don’t need to select the network.
If you want to save the address for future use, you can do so by selecting the Save address checkbox.
5. Enter the Withdrawal Password and Complete the 2FA
Then, enter the withdrawal password and the 2FA Code. To receive the 2FA code, click on “SEND SMS”.
Lastly, click on “Withdraw”.
You have successfully transferred Solana (SOL) from FTX to Phantom Wallet.
6. Check in Withdrawals Section and Phantom Wallet
It took 2 minutes for us to receive SOL on our Phantom Wallet.
So, after a few minutes, click on the “Withdrawals” section.
There you will be able to see your recent withdrawals along with the status.
Then, you can go ahead and open your Phantom Wallet extension.
Navigate to SOL and see the balance.
Steps to Transfer Solana (SOL) from FTX Mobile Application to Phantom Wallet Mobile Application
- Copy Phantom Wallet Address
- Tap on “Wallet”
- Tap on “Withdraw”
- Tap on Solana (SOL)
- Enter the Amount and Paste the Phantom Wallet Address
- Enter the Withdrawal Password and Complete the 2FA
- Check in Withdrawals Section and Phantom Wallet Application
1. Copy Phantom Wallet Address
Open the Phantom wallet mobile application.
You will land on your dashboard.
Tap on the “wallet address” located in the top center of the Phantom wallet application.
2. Tap on “Wallet”
Launch the FTX Pro mobile application.
At the bottom of the mobile screen, you will be able to see multiple options, including Home, Markets, Trade, Wallet, and User.
Tap on “Wallet”.
3. Tap on “Withdraw”
Once you have tapped on Wallet, you will see options such as Stake, Convert, Borrow/Lending, Deposit, Withdraw, and Subaccount Transfer.
Since we transferring SOL to Phantom Wallet, you need to tap on “Withdraw”.
4. Tap on Solana (SOL)
Now, a list of crypto tokens will appear.
Make use of the search box to find Solana (SOL).
Once you have found it, just tap on it.
5. Enter the Amount and Paste the Phantom Wallet Address
After tapping on Solana (SOL), the Withdraw SOL window will appear.
Here, you need to enter the amount of SOL that you wish to send in the Amount field.
Then, paste the Phantom Wallet address that you have copied in Step 1 in the SOL Address field.
Since FTX only supports Solana blockchain network for SOL transactions, you don’t need to select the network
To save the address for future use, you can do so by selecting the Save address checkbox.
6. Enter the Withdrawal Password and Complete the 2FA
Once you have entered the withdrawal password, you will need to enter the 2FA code. To receive the 2FA code, Tap on “SEND SMS”.
Lastly, Tap on “Withdraw”.
You have successfully transferred Solana (SOL) from FTX mobile application to the Phantom Wallet Mobile application.
7. Check in Withdrawals Section and Phantom Wallet Application
It took 2 minutes for us to receive SOL on our Phantom Wallet.
To view the recent transactions, tap on “Wallet”.
Then, tap on “History”.
On the History page, you will be able to see multiple options, such as Orders, Traders, PnL, Funding, Deposits, etc.
Tap on “Withdrawals”.
You can also check the recent transfer on your Phantom Wallet.
To do so, tap on Solana (SOL).
Conclusion
Transferring/ withdrawing Solana (SOL) from FTX to Phantom Wallet is not a straightforward task since it involves entering the withdrawal password, 2FA verification, pasting the right address, and selecting the right network.
By default, you will not have the withdrawal password and 2FA verification enabled on your FTX account. However, enabling these options is very safe and highly recommended.
To enable the withdrawal password and 2FA verification for withdrawals on FTX, click on the profile icon/ email address located in the top right corner of the webpage.
Then, click on “Settings”.
Click on “Withdrawal Password” and “2FA for Withdrawals” to enable these options.
