How to Set Up Solana with Phantom Wallet

Updated

This guide explains how to set up a Solana wallet using Phantom Wallet to receive crypto payouts from CaptureGem. You can use this wallet for any future payouts or refunds of CaptureGem token or USDC.

This guide covers:

  1. Setting up a Solana Wallet using Phantom Wallet (Browser Extension).
  2. Adding your Solana payout address to your CaptureGem account settings.

Step 1: Set Up a Solana Wallet Using Phantom Wallet on Google Chrome

You need a Solana-compatible wallet to receive your payments. Phantom Wallet is a popular choice for Solana, available as both a browser extension and a mobile app. These steps are based on Phantom's official guide for creating a new wallet via Google Chrome.

Prerequisites

  • A supported web browser (e.g., Chrome, Firefox, Brave, Edge) for the extension, or a smartphone (iOS or Android) for the mobile app. However, these instructions only cover Google Chrome.
  • Internet connection.

Wallet Setup Steps

  1. Install Phantom Wallet:
    • Browser Extension: Visit phantom.app and click "Download" to select your browser (Chrome, Firefox, Brave, Edge, etc.).
      • Click "Add to Chrome" or the equivalent for your browser.
Phantom in the Chrome Web Store with the Add to Chrome button
Phantom in the Chrome Web Store with the Add to Chrome button
  • Follow the prompts to add the extension.
    • After installation, pin the Phantom icon to your toolbar for easy access.
Chrome's Extensions menu with the pin button next to Phantom
Chrome's Extensions menu with the pin button next to Phantom
  • After installation, click the Phantom icon in your browser toolbar to open it.
  1. Create a New Wallet:
  • Open the Phantom extension.
  • From the welcome screen, click "Create a new wallet."
Phantom welcome screen with the Create a new wallet option
Phantom welcome screen with the Create a new wallet option
  • You can now continue with Email or with generating a mnemonic phrase. You can choose either method.
  • After signing in with Google or Apple, or after Creating the Mnemonic, you will be prompted to create a pin.
Phantom prompt to create a PIN for the new wallet
Phantom prompt to create a PIN for the new wallet
  • Create a password and confirm it. This password secures your wallet on your device.
Phantom prompt to create and confirm a wallet password
Phantom prompt to create and confirm a wallet password
  • You will be prompted to create a username.
Phantom prompt to choose a wallet username
Phantom prompt to choose a wallet username
  • You will now see the welcome screen. Click Get Started
Phantom welcome screen with the Get Started button
Phantom welcome screen with the Get Started button
  1. Find Your Solana Receiving Address:
  • Once your wallet is set up, Phantom displays your wallet’s main screen. You may need to first open the browser extension in the top-right of Google Chrome.
Phantom wallet main screen with the Receive button
Phantom wallet main screen with the Receive button
  • Click on Receive to find your Solana address. Then press the copy button next to Solana. This will copy it to your clipboard.
Phantom Receive screen with the copy button next to the Solana address
Phantom Receive screen with the copy button next to the Solana address

This is the address you need for your CaptureGem payouts.

Congratulations, you are now ready to accept payments!

*Note: Your Solana address can receive SOL and Solana-based tokens like CaptureGem, USDC, and other SPL tokens. You don’t need to add CaptureGem or USDC manually to receive payments.

Step 2: Add Your Solana Address to Your CaptureGem Account

You need to specify the wallet address where to send your tokens.

  1. Log in to CaptureGem: Log in to your account. If you don’t have one, sign up for a free account.
  2. Enter Payout Address: Look for a field labeled "Payout Wallet."
Payout Wallet (Solana Blockchain) field and Save button in CaptureGem account settings
Payout Wallet (Solana Blockchain) field and Save button in CaptureGem account settings
  1. Paste Your Address: Paste the Solana address you copied from Phantom Wallet (Step 1) into this field.
  2. Save Changes: Confirm and save your updated settings.

Important Security Reminders

  • Never share your Secret Recovery Phrase. Anyone with it can access your funds.
  • Store your recovery phrase securely offline. Do not take screenshots or store it digitally where it could be hacked.
  • Beware of phishing scams. Neither Phantom Wallet nor CaptureGem will ever ask for your Secret Recovery Phrase or private keys.
  • Keep your Phantom Wallet extension/app updated to ensure security and performance.
  • Use a strong password and consider enabling biometrics or auto-lock for added protection.

Congratulations! Your Phantom Wallet is set up, linked to your CaptureGem account, and you can now receive your tokens.

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