To transfer Solana (SOL) from FTX to Solflare wallet, you need to first copy the Solflare Wallet address.
Then, find Solana (SOL) in your FTX account and click on “Withdraw”.
Now, you need to paste the Solflare 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 Solflare Wallet, there will be zero withdrawal fee applicable.
Alternatively, you can connect your FTX account with Solflare Wallet and transfer crypto instantly.
- Steps to Transfer Solana (SOL) from FTX to Solflare Wallet
- Steps to Transfer Solana (SOL) from FTX Mobile Application to Solflare Wallet Mobile Application
Steps to Transfer Solana (SOL) from FTX to Solflare Wallet
- Copy Solflare Wallet Address
- Go to FTX Portfolio
- Find Solana (SOL)
- Enter the Amount and Paste the Solflare Wallet Address
- Enter the Withdrawal Password and Complete the 2FA
- Check in Withdrawals Section and Solflare Wallet
1. Copy Solflare Wallet Address
Open the Solflare Wallet extension.
Type in your password to unlock it.
Now, you will be able to see your Solflare wallet address in the top center of the wallet extension.
Tap on the address to copy it.
2. Navigate to FTX Portfolio
Visit the FTX website. If you are a US resident, visit the FTS.US website.
You can sign in with your login credentials or with an Apple or Google account.
You will land on your dashboard after signing in.
Hover over the “Wallet” located on the top right corner of the webpage.
Now, you will get to 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.
Make use of 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 Solflare Wallet, you need to click on “Withdraw”.
4. Enter the Amount and Paste the Solflare Wallet Address
The Withdraw SOL window will appear after clicking on “Withdraw”.
Here, you need to enter the amount of SOL that you wish to send in the “Amount field”.
Then, paste the Solflare Wallet address that you have copied in Step 1 in the “SOL Address” field.
You can even use the SOL domain names instead of wallet addresses for withdrawals, such as decentralizedcreator.sol and gowtham.sol.
FTX only supports the Solana blockchain network for SOL transactions, so you do not need to select the network.
If you would like 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, type in 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 Solflare Wallet.
6. Check in Withdrawals Section and Solflare Wallet
It took 3 minutes for us to receive SOL on our Solflare Wallet.
So, after a few minutes, click on the “Withdrawals” section on your FTX account.
There you will be able to see your recent withdrawals along with a status.
Then, you can go ahead and open your Solflare Wallet extension.
Navigate to SOL and see the balance.
Steps to Transfer Solana (SOL) from FTX Mobile Application to Solflare Wallet Mobile Application
- Copy Solflare Wallet Address
- Tap on “Wallet”
- Tap on “Withdraw”
- Tap on Solana (SOL)
- Enter the Amount and Paste the Solflare Wallet Address
- Enter the Withdrawal Password and Complete the 2FA
- Check in Withdrawals Section and Solflare Wallet Application
1. Copy Solflare Wallet Address
Open the Solflare wallet mobile application.
You will land on your dashboard.
Tap on the “wallet address” located in the top center of the Solflare wallet application.
2. Tap on “Wallet”
Launch the FTX Pro mobile application.
There will be multiple options, including Home, Markets, Trade, Wallet, and User at the bottom of your mobile screen.
You need to 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 Solflare 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 and type “SOL” to find Solana (SOL).
Once you have found Solana (SOL), just tap on it.
5. Enter the Amount and Paste the Solflare 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 Solflare Wallet address that you have copied in Step 1 in the SOL Address field.
You can even use the SOL domain names instead of wallet addresses for withdrawals, such as decentralizedcreator.sol and gowtham.sol.
Since FTX only supports the 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 Solflare Wallet Mobile application.
7. Check in Withdrawals Section and Solflare Wallet Application
It took 3 minutes for us to receive SOL on our Solflare 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 Solflare Wallet.
To do so, tap on Solana (SOL).
Conclusion
Transferring/ withdrawing Solana (SOL) from FTX to Solflare Wallet is not a straightforward task since it involves entering the withdrawal password, 2FA verification, pasting the right address, and selecting the right network.
FTX accounts by default do not have a withdrawal password or 2FA enabled. 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.
