This guide walks you through how to deposit tokens into your Phantom wallet from an exchange or another wallet. Whether you’re transferring from Coinbase, Binance, MetaMask, or elsewhere, we’ll show you how to find your deposit address, choose the right network, and complete the transaction safely.
Once the transaction is confirmed on the blockchain, your tokens will appear in your Phantom wallet automatically.
Deposit crypto into your Phantom wallet
Step 1: Get your deposit address
- Open Phantom and on the Home tab, select Receive.
- Select the network for which you want to receive tokens to view the full deposit address along with a QR code.
- Select Copy to copy the deposit address.
Step 2: Transfer tokens from an exchange or another wallet
- Go to the exchange or wallet where your tokens are stored.
- Go to the wallet or assets section and select the option to withdraw.
- Choose the token you want to transfer.
- In the recipient address field, paste the deposit address you copied from your Phantom wallet.
- Enter the amount of tokens you want to withdraw.
- Select the appropriate network. Make sure it matches the network of the deposit address you copied—for example, Solana for SOL, Ethereum for ETH.
- Finally, select the option to withdraw to complete the transfer.
Your funds will appear in your wallet as soon as the exchange approves your withdrawal request and when the transaction is confirmed on the blockchain.
Step 3: Check the transaction status
- You can check the status of your deposit in your exchange account or on a blockchain explorer.
- Centralized exchanges often take time to verify and process withdrawal requests—this delay is normal.
- If the transaction doesn’t appear on the blockchain explorer, it means the tokens have not been sent yet. In that case, wait for the exchange to finish processing or or reach out to your exchange’s support team for help.
Note: Already sent tokens but don’t see them yet? Learn how token detection works in Do I need to manually add tokens?