Purchasing Solana (SOL) has never been easier, especially for users of the Phantom wallet—one of the most popular digital wallets in the Solana ecosystem. Whether you're new to crypto or a seasoned user, Phantom streamlines the process by allowing direct purchases of SOL through integrated services like MoonPay and FTX. This guide walks you through both methods step by step, ensuring a fast, secure, and seamless onboarding experience.
Why Buy SOL Directly in Phantom?
While traditional methods involve transferring SOL from exchanges like Coinbase or Binance—a process that can be time-consuming and technically daunting—Phantom offers a more user-friendly alternative. By partnering with leading fintech platforms, Phantom enables users to buy SOL instantly within the wallet, using fiat currency (like USD) via credit/debit cards or bank transfers.
This integration significantly lowers the barrier to entry for newcomers while offering convenience for experienced users.
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Option 1: Buy SOL in Phantom Using MoonPay
MoonPay is a trusted global payment infrastructure provider that powers fiat-to-crypto purchases across numerous wallets and platforms. Its integration with Phantom allows users to buy SOL directly using everyday payment methods—no prior crypto holdings required.
👉 Discover how to instantly buy SOL using your credit card inside Phantom
Step-by-Step Guide: Buying SOL via MoonPay
Step 1: Open Your Phantom Wallet Extension and Click Deposit
Launch your browser and click on the Phantom wallet extension. Once opened, locate the Deposit button below your wallet balance and click it.
Step 2: Select "Buy with MoonPay"
In the deposit menu, you’ll see two options:
- Buy with MoonPay
- Transfer with FTX
Choose Buy with MoonPay to proceed.
Step 3: Enter the Amount of SOL You Want to Purchase
MoonPay automatically sets SOL as the default cryptocurrency since Phantom is optimized for the Solana network. Input the amount of fiat currency (e.g., USD) you’d like to spend. The interface will display the equivalent value in SOL in real time.
Step 4: Provide Your Email Address
Click Continue, then enter your email address. This is used for transaction tracking and account verification. MoonPay supports both new and returning users.
Step 5: Verify Your Email
If you're a first-time MoonPay user, check your inbox for a verification code. Enter it into the prompt and agree to the terms of service and privacy policy before proceeding.
Returning users are automatically recognized and skip this step.
Step 6: Complete Personal and Billing Information
New users must fill in basic details:
- Full name
- Date of birth
- Country of residence
- Billing address
Ensure accuracy, as this information is subject to compliance checks under anti-money laundering (AML) regulations.
Step 7: Enter Payment Card Details
Input your credit or debit card information, including:
- Card number
- Expiration date
- CVV (security code)
MoonPay uses TLS encryption and HSTS protocols to protect your data during transmission, ensuring a secure transaction environment.
Step 8: Confirm and Execute the Order
After final review, confirm your purchase. Processing typically takes just a few minutes. Once complete, your newly acquired SOL will appear in your Phantom wallet balance.
You’ve now successfully bought Solana directly within Phantom—without ever leaving the app.
Option 2: Buy SOL in Phantom Using FTX
FTX, though primarily known as a cryptocurrency exchange, also offers direct integration with Phantom for simplified fund transfers. While not a fiat-onramp in the same way as MoonPay, FTX allows pre-verified users to transfer SOL quickly from their FTX account to Phantom.
⚠️ Important: FTX is not available in the United States. However, U.S. residents can use FTX US, a regulated platform with limited features due to compliance requirements.
The recent acquisition of LedgerX, a U.S.-based derivatives clearinghouse, aims to expand FTX US’s capabilities and improve accessibility for American traders.
👉 Learn how to bridge funds securely between exchanges and your Phantom wallet
Step-by-Step Guide: Buying SOL via FTX
Step 1: Open Phantom Wallet and Click Deposit
As before, open your Phantom extension and click Deposit to begin.
Step 2: Choose "Transfer with FTX"
From the deposit options, select Transfer with FTX.
Step 3: Log In to Your FTX Account
You’ll be redirected to the FTX login page. Enter your email and password. If you don’t have an account, you’ll need to register first at ftx.com, though note that U.S. users must use ftx.us.
FTX requires identity verification (KYC) before enabling transactions—so it’s best to set up your account ahead of time.
Step 4: Review and Confirm Transfer Details
Once logged in:
- The cryptocurrency (SOL) and destination (your Phantom wallet address) are pre-filled.
- Enter the amount of SOL you wish to transfer.
- Click Pay to initiate the transfer.
If your account isn’t fully verified, you may see a prompt to complete KYC before proceeding.
Step 5: Wait for Transaction Completion
After confirming payment, wait a few moments for the blockchain network to process the transfer. SOL should appear in your Phantom wallet shortly.
This method is ideal for users who already hold funds on FTX or prefer managing trades via an exchange interface before moving assets to self-custody.
Frequently Asked Questions (FAQs)
Can I buy Solana (SOL) directly in the Phantom wallet?
Yes, absolutely. Phantom supports direct purchases of SOL through integrated partners like MoonPay (for fiat payments) and FTX (for transfers from an exchange account). This eliminates the need to use third-party exchanges for onboarding.
What is MoonPay, and why is it used in Phantom?
MoonPay is a regulated fintech platform that enables instant fiat-to-crypto transactions. It supports over 80 cryptocurrencies and 30+ fiat currencies, with payment options including credit/debit cards, Apple Pay, Google Pay, and bank transfers. Its integration into Phantom makes it one of the fastest ways to acquire SOL without technical hurdles.
How do I add SOL to my Phantom wallet?
There are two primary methods:
- Buy directly inside Phantom using MoonPay or FTX.
- Transfer from external exchanges like Binance or Coinbase by sending SOL to your Phantom wallet address.
The first method is faster and more beginner-friendly.
Is FTX available for U.S. users?
No, the global FTX platform is not accessible in the United States. However, U.S. residents can use FTX US, a compliant alternative with restricted services due to regulatory constraints. Features may vary compared to the international version.
Are purchases via MoonPay secure?
Yes. MoonPay employs industry-standard security measures, including Transport Layer Security (TLS) and HTTP Strict Transport Security (HSTS), to safeguard personal and financial data. Additionally, all transactions undergo identity verification to comply with AML regulations.
Do I need an existing crypto balance to use these features?
No. With MoonPay, you can start from scratch using only a valid ID, email, and payment card. FTX requires prior account setup and funding but doesn’t require existing crypto if you deposit via fiat first.
👉 Start your crypto journey securely with a trusted exchange platform
By leveraging tools like MoonPay and FTX within Phantom, users gain frictionless access to the Solana ecosystem. Whether you're minting NFTs, staking tokens, or exploring dApps, having a reliable way to buy SOL directly in-wallet enhances both usability and adoption.
With clear steps, strong security, and growing support, Phantom continues to lead as a gateway for mainstream crypto engagement—making it easier than ever to own and use digital assets on one of the fastest-growing blockchains today.