To transfer Solana (SOL) from Phantom wallet to FTX, first, you need to copy the SOL deposit address on FTX.
After copying the SOL deposit address, launch Phantom wallet and click “Send”.
Paste the SOL address that you have copied from the FTX exchange.
Enter the amount and click “Next”.
Lastly, click “Send”.
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 Phantom wallet to FTX, there will be a gas fee of $0.00105 applicable. The gas fees always vary according to the congestion of the blockchain.
- Steps to Transfer Solana (SOL) from Phantom Wallet to FTX
- Steps to Transfer Solana (SOL) from Phantom Wallet Mobile Application to FTX Mobile Application
Steps to Transfer Solana (SOL) from Phantom Wallet to FTX
- Go to “Portfolio” on FTX
- Copy SOL Deposit Address
- Click “Send” in Phantom Wallet
- Paste the SOL deposit Address and Enter the Amount
- Click “Send”
- Check Phantom Wallet and “Deposits Section” on FTX
1. Go to “Portfolio” on FTX
Visit the FTX website. If you are a US resident, visit the FTS.US website.
Enter your credentials to sign in or you can use your Google or Apple account to sign in.
Your dashboard will appear after you sign in.
Hover over the “Wallet” located on the top right corner of the webpage.
Now, you will see multiple options: Portfolio, FTX Card, and Borrow/ Lending.
Click on “Portfolio”.
2. Copy SOL Deposit Address
Now, use the search box to find Solana (SOL).
Type “SOL” in the search box and you could find Solana (SOL).
Since you are going to transfer SOL from Phantom wallet to FTX, you need to click on “Deposit”.
A Deposit SOL window will appear that contains a QR code along with the deposit address.
Click on “Copy”.
3. Click “Send” in Phantom Wallet
Launch the Phantom wallet extension.
Just under the wallet balance, you will be able to see two options: Deposit and Send.
Tap on “Send”.
Then, Click on “Solana (SOL)”.
4. Paste the SOL deposit Address and Enter the Amount
After clicking on Solana (SOL), the Send SOL window will appear.
You need to paste the SOL deposit address that you have copied in Step 2.
Next, enter the amount of SOL that you wish to send.
Lastly, click on “Next”.
5. Click “Send”
After clicking on Next, you can see the network fee details.
Review it and click “Send”.
That’s all. You have successfully transferred SOL from the Phantom wallet to FTX.
6. Check Phantom Wallet and “Deposits Section” on FTX
It took 2 minutes for us to receive SOL on our FTX account.
Now, you can check the recent transfers by tapping on the SOL on the front page of your wallet extension.
You can also head back to your FTX account and go to the Deposits Section on FTX to check the transfer details.
To reach the Deposits Section, click on “Wallet”.
Then, click on “Portfolio”.
Lastly, navigate to “Deposits”.
Steps to Transfer Solana (SOL) from Phantom Wallet Mobile Application to FTX Mobile Application
- Tap on “Wallet”
- Tap on “Deposit”
- Copy the SOL Deposit Address
- Tap on “Send” in Phantom Wallet Application
- Paste the SOL deposit Address and Enter the Amount
- Tap on “Send”
- Check Phantom Wallet and FTX “Deposit Section”
1. Tap on “Wallet”
Open the FTX Pro mobile application.
Now, you could see multiple options, such as Home, Markets, Trade, Wallet, and User at the bottom of the mobile screen.
Tap on “Wallet”.
2. Tap on “Deposit”
After tapping on Wallet, you will get to see options, such as Stake, Convert, Borrow/ Lending, Deposit, Withdraw, and Subaccount Transfer.
Since we transferring SOL to FTX, you need to tap on “Deposit”.
3. Copy the SOL Deposit Address
After tapping on Deposit, a window will appear that contains the deposit options.
Tap on “Cryptocurrencies”.
Now, you need to select the asset SOL.
Use the search box to find Solana (SOL).
Once you have found it, just tap on it.
Now, the Deposit SOL window will appear that contains the SOL deposit address along with the QR code.
Tap on “Copy”.
4. Tap on “Send” in Phantom Wallet Application
Launch the Phantom wallet mobile application.
Now, you will be able to see two options: Deposit and Send.
Tap on “Send”.
Then, tap on “Solana (SOL)”.
5. Paste the SOL deposit Address and Enter the Amount
After tapping on Send, the Send SOL window will appear.
You need to paste the SOL deposit address that you have copied in Step 3.
Tap on “Next”.
Next, enter the amount of SOL that you wish to send.
Lastly, tap on “Next”.
6. Tap on “Send”
After clicking on Next, you can see the network fee details.
Review it and tap on “Send”.
That’s all. You have successfully transferred SOL from Phantom wallet mobile application to FTX mobile application.
7. Check Phantom Wallet and FTX “Deposit Section”
It took 2 minutes for us to receive SOL on our FTX account.
Now, you can check the recent transfers by tapping on the SOL in the front page of your wallet application.
You can also go back to the FTX application to view the transactions.
To do so, 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 “Deposits”.
Conclusion
Transferring/ withdrawing Solana (SOL) from Phantom wallet to FTX is a straightforward task.
Make sure that you copy the right address and choose the right network as these are the crucial factor involved in the transfer process.
An incorrect address or wrong network selection will result in the permanent loss of the cryptocurrency.
