Moving Funds from Phantom to HyperLiquid

By JuanInTheChain | The crypto market | 21 Feb 2025


1*uJi4dzTIp2wXoszMVRTDQQ.png   Step 1: Transfer Funds from Phantom Wallet to a Centralized Exchange

1. Log in to Your Phantom Wallet:

  • Open your Phantom Wallet and ensure it contains SOL or another supported token.

2. Send Funds to a Centralized Exchange (e.g., Binance or Coinbase):

  • Copy your deposit address for the asset (e.g., SOL) on the exchange.
  • In Phantom, click Send, paste the exchange address, and confirm the transaction.

3. Wait for the Transfer to Complete:

  • Transactions on Solana are typically quick, so your funds should appear in your exchange account within minutes.

Step 2: Transfer Funds Directly to Arbitrum via Exchange

1. Convert to a Supported Asset:

  • On the exchange, convert your SOL to 2$ ETH (for transaction fees) and the amount of USDC you want to deposit in HyperLiquid.

2. Withdraw to MetaMask (Arbitrum Network):

  • In the exchange’s withdrawal section:
  • Select the asset you wish to withdraw (e.g., ETH and then USDC).
  • Choose Arbitrum Network as the destination network.
  • Enter your MetaMask wallet address (ensure it’s set up for the Arbitrum network).
  • Confirm the withdrawal.

3. Wait for the Transfer:

  • Once the transaction is processed, your funds will appear in your MetaMask wallet on the Arbitrum network.

Step 3: Deposit Funds into HyperLiquid

1. Log in to HyperLiquid:

  • Visit HyperLiquid using this link to create OR access your account and use the code READY for an exclusive 4% discount on trading fees.

2. Connect MetaMask to HyperLiquid:

  • Click Connect Wallet and select MetaMask.
  • Ensure MetaMask is set to the Arbitrum network.

3. Deposit Funds:

  • On the HyperLiquid dashboard, click Deposit.
  • Select the asset USDC and input the amount you want to deposit.
  • Confirm the transaction in MetaMask.

Step 4: Start Trading on HyperLiquid

  • Your funds are now in your HyperLiquid account, ready for trading. Explore meme coins, altcoins, or other opportunities HyperLiquid offers with its high-speed platform.

 

By following these steps, you’ll efficiently transfer funds from Phantom to MetaMask (Arbitrum) and into HyperLiquid with minimal hassle. Don’t forget to sign up using this link https://app.hyperliquid.xyz/join/READY for an exclusive 4% discount on trading fees! 🚀

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JuanInTheChain
JuanInTheChain

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