A decentralized wallet is a secure way of storing cryptocurrencies. The Solana-based Phantom Wallet is one of the key crypto wallets out there. Previously, we’ve already written a guide on how to fund Phantom from Binance via your browser. 

In this article, we’ll show you how to transfer the cryptocurrency from Binance to Phantom using a mobile device instead.

To perform transactions in a particular network, you have to pay for ‘gas’. This fee is denominated in the blockchain’s native coin. As Phantom Wallet runs on the Solana blockchain, the native currency is SOL, which fees are paid in. Without SOL tokens on your balance, you won’t be able to make any transactions in the Phantom wallet, so make sure to buy some SOL first.

Withdrawing tokens from Binance

Open the Binance mobile app. Next, consider which of the two types of interface you’ll be using: Binance Lite or Binance Pro. As the names suggest, Lite is a lot simpler to get around, while Pro offers advanced options. 

When you first log into the app, the Binance Lite interface is set as default. To switch to Pro, tap on the account icon in the upper left corner of the main screen.

Next, you’ll see a slider that allows you to switch between the interfaces.

Tap on it, and you’re all set: now the Binance Pro interface is active.

Now let’s find out how to withdraw crypto from Binance to Phantom using each version. 

1. How to send USDT to Phantom Wallet using Binance Lite

In the bottom-right corner of the main page, tap on the Wallet icon.

You’ll see an overview page of all your Binance wallets. There, tap on the token you wish to transfer — in our case it’s USDT. You’ll see a page displaying your current balance of the selected asset, as well as your history of transactions with it. 

In the bottom-left of the token page, tap on the Withdraw button. 

Now go to the Phantom Wallet mobile app and copy your wallet address from it. For that, just tap the account name at the top of the main page. 

Now go back to the Binance app and paste the copied address into the Address field there. The Network field will be filled in automatically; in our case, it’s Solana.

Now mind the congestion warning: sometimes the network might be congested, resulting in slowed down or even rejected transactions. 

This can’t really be predicted, and, if your network is currently congested, you’d be better off choosing another one or trying your luck later. You can still choose the congested network, though, but be warned of the risks and/or inconveniences. 

Once done with the network, enter the amount you wish to withdraw.

Mind that different networks have different transaction fees, so there is a minimum withdrawal amount for each. 

In our example, we’re going to be withdrawing 1 USDT, but there’s also a 1 USDT network fee for the transaction, so the total amount to enter will be 2, of which 1 will arrive on our Phantom Wallet account. 

Double-check your wallet address, network, and the amount, and, if everything is okay, tap “Withdraw”. Confirm your transaction via the authorised 2FA methods (SMS/Authenticator code), and your funds will arrive within the time stated in the network field. 

2. How to send USDT to Phantom Wallet using Binance Pro

On the home page, tap on the Wallet button in the lower-right corner. 

You’ll see a new page with an overview of all your Binance wallets. 

In the new wallet overview window, tap on Withdraw

Now choose the asset to transfer. You can choose it from the quick list, or use the search bar.

After that, Binance will offer two ways to withdraw your money: via a crypto network or using Binance Pay ID. The latter is for sending money directly to other Binance users without any fees or waiting times. 

We’ll be going for Crypto Network in this case, as our target withdrawal address is outside of Binance. 

Go to your Phantom Wallet mobile app, and copy your wallet address by tapping it once. 

Now go back to Binance, and paste your wallet address in the withdrawal window. The network field will be filled in automatically. 

Mind the congestion warning: sometimes the network might be congested, resulting in slowed down or even rejected transactions. 

This can’t really be predicted, and, if your network is currently congested, you’d be better off choosing another one or trying your luck later. You can still choose the congested network, though, but be warned of the risks and/or inconveniences. 

Also, keep in mind that in Binance Pro, you can choose the wallet to withdraw the money from.

Once everything’s set up, tap on the Withdraw button, and confirm the transaction using your authorized 2FA methods (SMS/Authenticator/Email). The funds will arrive on your Phantom Wallet as soon as the network allows. 

Tokens not showing up in my Phantom Wallet: what to do? 

Sometimes you can’t see your tokens on your Phantom Wallet balance even after their successful withdrawal. This is normal and nothing to be afraid of. The reason is that you need to manually import each token into your wallet account if you want to view it on your balance. Here’s how it’s done.

On the main page of your Phantom Wallet, tap on the Manage Token List button. 

Next, search for the token you need (for example, USDT) and tap the slider to activate it.

Now return to the main screen, and your USDT balance will be displayed on it. In case the search bar didn’t help, you can add the token manually.

Adding a token manually

To do this, tap on the + button next to the Manage the list of tokens tap +.

You’ll see a form for entering token metadata. Next, you need to go to the network explorer. For Solana, this is Solscan. In the search box, enter the desired token (for example, GMT). On the page of the token, you need to copy its Token Address.

Then paste it into the Phantom Wallet form in the Mint address field. Now fill in the name — GMT (or any other name you like) — and its symbol/ticker — GMT.

Mind that adding a new token this way will cost you a network fee, which will be shown right here. In case you have enough SOL on your Phantom Wallet, click Save, and your GMT token balance will be displayed alongside other tokens on the main page. 

Congratulations! Now you know how to fund Phantom Wallet via Binance using your phone.

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