How To Buy Solana (SOL) on Phantom Wallet (Step by Step)

How to buy Solana on phantom wallet

Hello people welcome into this new video in today's channel I'm going to show you how we can buy Solana using phantom wallet

So first of all, you need to understand the phantom is a crypto wallet and sometimes you just can't

Buy cryptos on your wallets instead You need to use an exchange like Binance or Coinbase

Which in this case we have to do that as you can see I am on my phantom wallet and I have here my assets here. I can deposit here

I can send my tokens. So maybe I can convert Solana into USDT, but that's not what I want

I want to learn I want to buy Solana So what I usually do is that I send this Solana from my exchange to my wallet

Which as you can see, I have a lot of transactions in here So I use Binance a lot because it works almost every single time

But speaking about Solana network Sometimes you just have to stop because there's a lot of traffic in the way and we have to wait a lot

But let me show you what do I do to have Solana in my phantom wallet

So the first thing I do is to go into my wallet and then I go into account wallet

Now what I do after I deposit a few dollars in my account I go here what it says

Deposit fiat then I select USD and then I make the swap

That means changing USD to Solana so once I get that I have my Solana here

This is what I have available and then what I want to do is to go and select this one that says withdraw

I select the coin that I wanted to send to my phantom wallet

Which in this case that would be Solana and then I have to paste the address

So for that I need to go back into my phantom wallet and I have to go and click this one that says deposit

Then I select Solana and then I have to copy this address that provides me from

Phantom wallet now I go back into Binance and I paste the address and then this happens automatically

But you have to choose Solana network Now as I just told you before Solana

Sometimes gets suspended because this one tries to clear the backlog because there are a lot of people trying to make these

Transactions and if this one keeps active the transaction might might be waiting for weeks

So what I do sometimes what this happen is that I create a reminder set so they can notify me through my email or through my

Phone when I can make this transaction now but actually it was just the last step and the last step is just click on confirm and

Design the contract so I can see the transaction here on my phantom wallet

And as you can see I can see my recent withdraw Which it was completed the address it was sent it and all that and here I have the transactions as well

So there you have it guys It's just a matter of looking for the right exchange and wait till the Solana networks works correctly

So hopefully this was a very useful video for you guys Don't forget to Like and subscribe to this channel if you want to see more about this kind of stuff

Thank you for watching the video, and I'll be seeing you guys on the next one