To transfer Solana (SOL) from Phantom Wallet to Kraken, first, you need to copy the SOL deposit address to Kraken.
After copying the SOL deposit address, launch Phantom Wallet and click “Submit“.
Paste the SOL address you copied from the Kraken exchange.
Enter the amount and click “Next“.
Finally, click “Submit“.
Processing the SOL withdrawal typically takes 1 to 5 minutes to complete. However, it can take longer if the network is congested.
To transfer SOL from Phantom Wallet to Kraken, a network fee of ~0.0002 SOL. Network fees always vary based on blockchain congestion.
- Steps to transfer Solana (SOL) from Phantom Wallet to Kraken
- Steps to transfer Solana (SOL) from Phantom Wallet mobile application to Kraken mobile application
Table of Contents:
Steps to transfer Solana (SOL) from Phantom Wallet to Kraken
1. Find SOL in Kraken
Log in to your Kraken account.
Then, click on the “Funding” option at the top of the webpage.
Now you can see two options: Deposit and Withdraw at the top right of the web page.
Since you are depositing Solana (SOL) from Phantom Wallet to Kraken, click “Deposit“.
By clicking on Deposit you will be directed to the Deposit window. Here you can find SOL using the search box provided.
Once you find SOL, tap on it.
2. Copy the SOL deposit address
After tapping SOL, you will land on the “Deposits and Withdrawals” page.
Kraken only supports the Solana network.
You will now be able to see the SOL deposit address along with a QR code.
Click the “copy” icon.
In case you cannot see the SOL deposit address, there must be a “Generate a deposit address” button. Click on it.
Note: The minimum deposit limit of SOL in Kraken is 0.01000 SOL.
3. Click “Send” in Phantom Wallet
Open the Phantom wallet extension.
You will now be able to see two options, such as Deposit and Send just below your account balance.
Since you are transferring SOL from Phantom Wallet to Kraken, you need to click “Submit“.
4. Paste the deposit address and the amount of the SOL
After clicking Submit, you can see your Solana (SOL) resource.
You have to tap on it to proceed further.
After tapping SOL, you will land on the “Send SOL” page.
Here, you need to paste the SOL deposit address copied in step 2 and the amount to be transferred.
If you want to send all THE SOL in your Phantom wallet, click “Max“.
Finally, click “Next“.
5. Confirm Send
Now, the Phantom wallet displays the confirmation page.
This page contains the amount to be transferred, the address and the network tariff.
After reviewing the details, click “Submit“.
That’s all. You have transferred Solana (SOL) from Phantom Wallet to Kraken.
6. Check recent transfers
After the transfer, wait for a few seconds to a few minutes.
To see recent transfers in the Phantom Wallet, you need to go to the front page and tap Solana (SOL).
To see recent transactions in Kraken, you need to take a look at the right side of the “Deposits and Withdrawals” window.
Steps to transfer Solana (SOL) from Phantom Wallet mobile application to Kraken mobile application
1. Find SOL in Kraken
Launch the Kraken mobile application.
Then, tap on the Deposit/Withdraw icon at the bottom of your device’s screen.
Now, Kraken shows you more options that include Buy, Sell, Convert, Deposit and Withdraw.
Since you are transferring Solana (SOL) from Phantom Wallet to Kraken, you need to tap on “Deposit“.
After tapping Deposit, a deposit page will appear.
Here, you need to find the Solana crypto asset (SOL). You can use the search box to find it.
2. Copy the SOL deposit address
Once you find SOL, you have to tap on it.
Now you will be able to see the SOL deposit address.
You can scan the QR code or simply tap on the “copy” icon.
3. Tap “Send” in the Phantom application
Launch the Phantom Wallet mobile application.
Once you are inside the wallet application, you may see two options: Deposit and Send.
Since you are sending SOL from Phantom Wallet to Kraken, tap “Send“.
4. Paste the deposit address and the amount of the SOL
After tapping Send, you may see the Solana (SOL) resource. Tap it.
Now you will land in the “Send SOL” window.
Here, you need to paste the SOL deposit address that you copied in step 2. Then, tap on “Next“.
Now, enter the amount in SOL. You can use the conversion icon next to it to type the amount in fiat currency.
Finally, tap on “Next“.
5. Confirm the transfer
Tapping Next will bring up the summary of the transfer.
This page contains the To and From addresses, the amount to be transferred and the network tariff.
Check the details and tap “Send“.
6. Check recent transfers
To check recent transfers in the Phantom Wallet mobile application, you need to go to the first page and tap on “Solana (SOL)“.
To see recent transfers in the Kraken mobile application, you need to tap on the “Cake” icon at the bottom of the screen.
Then, tap on “Transaction History“.
conclusion
To send Solana (SOL) from Phantom Wallet to Kraken, all you need is the Kraken SOL deposit address and enough SOL in Phantom Wallet.
Always be careful when copying paste the address. If you enter an incorrect address, you will lose your cryptocurrency.
