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Home ยป Phantom Wallet Empowers with Upgraded Integration of Bitcoin, Ordinals, and BRC-20: A Comprehensive Four-Step Tutorial

Phantom Wallet Empowers with Upgraded Integration of Bitcoin, Ordinals, and BRC-20: A Comprehensive Four-Step Tutorial

Dec. 21, 20233 Mins Read
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Phantom Wallet Empowers with Upgraded Integration of Bitcoin, Ordinals, and BRC-20: A Comprehensive Four-Step Tutorial
Phantom Wallet Empowers with Upgraded Integration of Bitcoin, Ordinals, and BRC-20: A Comprehensive Four-Step Tutorial
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With the popularity of Ordinals and BRC-20 in the Bitcoin ecosystem, Phantom Wallet has announced the integration of Bitcoin, Ordinals, and BRC-20 tokens into its platform, providing a more comprehensive one-stop asset management experience. Users can now trade, transfer, and store these assets through the Phantom Wallet, while also accessing the UniSat and Magic Eden platforms.

(Table of Contents)
How to Get Started
Enable the Bitcoin Network
Import Existing Bitcoin/Ordinals Wallet
With the continuous popularity of Ordinals and BRC-20, the Bitcoin ecosystem has experienced significant growth, expanding the use cases of Bitcoin and its appeal in the crypto community. This has also motivated exchanges to list related tokens such as ORDI and SATS, stimulating trading volume and generating substantial transaction fee revenue for exchanges.

Taking advantage of the BRC-20 craze, Phantom, the most popular crypto wallet in the Solana ecosystem, announced the introduction of new features. It has integrated Bitcoin, Ordinals, and BRC-20 tokens into its platform, supporting user transactions, transfers, and storage of Bitcoin-related assets.

Subsequently, UniSat also announced support for connection with the Phantom Wallet. Users can access UniSat Inscribe and UniSat Marketplace through the Phantom Wallet to browse, buy, and mint Ordinals and BRC-20 tokens.

This announcement has received enthusiastic responses from important figures in the crypto community. Udi Wertheimer, a Bitcoin influencer and co-founder of Taproot Wizards, expressed excitement about this development. He emphasized the growing adoption of Bitcoin narratives in major markets and exchanges over the past year, highlighting Bitcoin’s resurgence in the crypto industry.

Phantom’s support for the Bitcoin network is currently in the testing phase and is not enabled by default. Users who want to try it can follow these steps to enable the Bitcoin network:

1. Open the Phantom Wallet (mobile or browser version).
2. Go to “Settings.”
3. Select “Active Networks.”
4. Switch “Bitcoin” to the enabled state.

After completing these steps, users will be able to manage Bitcoin, Ordinals, and BRC-20 in the Phantom Wallet.

To manage Bitcoin and other related assets in the Phantom Wallet, users can choose to import their existing Bitcoin wallet or directly purchase or receive Bitcoin in the Phantom Wallet. Follow these steps to import an existing Bitcoin wallet:

1. Open the Phantom Wallet (mobile or browser version).
2. Go to “Settings.”
3. Select “Manage Accounts.”
4. Choose “Add/Connect Wallet.”
5. Select “Import with Private Key Phrase.”
6. Enter the 12-24 word private key phrase.
7. Select “Import.”

The integration of Bitcoin functionality into Phantom represents the wallet’s vision as a one-stop asset management platform. Users can now manage multiple-chain crypto assets, including Solana, Ethereum, Polygon, and Bitcoin, all in one place.

In their announcement, the team mentioned that although the test version currently only supports access to the Magic Eden and UniSat platforms, they plan to quickly add support for more platforms. Additionally, they plan to add other Bitcoin-friendly features for accessing the Bitcoin ecosystem, such as Ledger support and customizable transaction fees (Gas Fee).

(Image)

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Tags:
BRC-20
Magic Eden
Ordinals
Phantom
Solana
UniSat

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