How to Set Up a
Solana Wallet
To receive payouts from SOLANAFUNDED, you need a Solana-compatible wallet. This guide covers Phantom, Solflare, Backpack, and Exodus — step-by-step, with no jargon.
Best Solana wallets for SOLANAFUNDED payouts
Any Solana-compatible wallet that supports SOL and USDC (SPL tokens) will work. These four are the most widely used and recommended.
Phantom
Most popular Solana wallet. Browser extension (Chrome, Firefox, Brave, Edge) plus iOS and Android apps. Clean interface, supports SOL, USDC, and all SPL tokens.
Solflare
Feature-rich wallet with built-in staking. Excellent for traders who want full control. Browser extension + mobile. Supports hardware wallets (Ledger).
Backpack
Modern multi-chain wallet by the xNFT team. Solana-native with clean UX. Growing fast in the Solana ecosystem. Browser + mobile.
Exodus
Polished desktop and mobile wallet. Supports Solana and most major chains. Great interface for beginners who want simplicity.
Recommended for SOLANAFUNDED: Phantom is the most widely used in the Solana trading community and has the smoothest experience for receiving SOL and USDC payouts. The guide below uses Phantom.
Install Phantom Wallet — complete guide
Go to phantom.app
Open phantom.app in Chrome, Firefox, Brave, or Edge on your desktop. For mobile, search "Phantom Wallet" in the App Store or Google Play — download only from the official store listing.
Click "Download" and add to your browser
Select your browser, then click "Add to [Browser]" on the extension store page. The Phantom icon will appear in your browser toolbar after installation.
Click the Phantom icon and select "Create New Wallet"
Phantom will show you a 12-word seed phrase (recovery phrase). Write this down on paper immediately. Do not take a screenshot. Do not save it in a notes app or email. This phrase is the master key to your wallet — anyone with it can access your funds.
Confirm your seed phrase
Phantom will ask you to confirm a few words from your phrase to make sure you wrote it down. Select the correct words in order. This step cannot be skipped.
Set a password
Create a password for browser-level access to your wallet. This is separate from your seed phrase — it only protects the extension on this device.
Copy your Solana wallet address
Open Phantom and click on your wallet name at the top of the popup. Your Solana address (a string of ~44 characters starting with a capital letter) will be copied to your clipboard. It looks like: 7xKXtg2CW87d97TXJSDpbD5jBkheTqA22YXNK
Provide your address to SOLANAFUNDED
When you request a payout on SOLANAFUNDED, paste this address in the payout destination field. Your SOL or USDC will arrive directly to this wallet within 7–28 minutes.
[ Phantom wallet step screenshots — add here ]
Step 1: phantom.app homepage • Step 3: seed phrase screen • Step 6: address copy view
Wallet security essentials
Seed phrase = your wallet. Store your 12-word phrase offline on paper. A metal backup is even better for long-term storage. Never digitise it.
- Never share your seed phrase with anyone — not support staff, not SOLANAFUNDED, not anyone
- Only download wallet apps from official sources (phantom.app, not random Google results)
- Never use an exchange deposit address (Binance, Coinbase etc.) for prop firm payouts — you won't control those funds
- Use a separate wallet for trading/payout receipts from your main holdings wallet
- Enable biometric or PIN lock on mobile wallets
Wallet FAQ
Wallet set up? Time to get funded.
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