Airdrop Guide: Phantom

Phantom is a versatile wallet for Solana, Ethereum, and Polygon.

Why We Are Hunting This

While there is no strong precedent for wallets to airdrop tokens, and Phantom has provided no indication that it will do so, Phantom’s push to integrate perpetuals products demonstrates a commitment to pushing crypto norms, one which could bode well for a wallet-native airdrop.

Official Links

• twitter.com
• @https://phantom.app/

Tasks & Quests

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Difficulty: Easy | Time: 5 min

1. Select which browser you want to download Phantom for
2. Install the Phantom to your browser
3. Click “Create New Wallet”
4. Input your passcode and agree to the terms of service
5. Record your seed phrase

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Difficulty: Easy | Time: 5 min

1. Open the Phantom extension and click “Buy”
2. Click “Solana”
3. Input the amount of SOL you wish to purchase and click “Next”
4. Choose the payment method you want to use
5. Fund your Phantom wallet

Swap Assets in Phantom

Difficulty: Easy | Time: 2 mins

1. Open the Phantom extension
2. Click on the arrows in the middle bottom of the wallet
3. Choose the token you want to swap from an input the amount
4. Select the token you want to swap to
5. Click “Review Order” and “Swap”

Trade Perpetuals with Phantom

Difficulty: Easy | Time: 2 mins

1. Open the Phantom wallet on your mobile device
2. Click the “Perps” banner on the Phantom UI
3. Click “Add Funds”
4. Input the amount of money you want to deposit, then approve the transaction
5. Select the market you want to trade
6. Review the intro tutorial and set your risk tolerance
7. Select whether you want to go long or short
8. Input the amount of margin you want to use
9. Set your leverage
10. Optionally, set stop loss and take profit targets
11. Confirm the transaction