With the popularity of Ordinals and BRC-20 in the Bitcoin ecosystem, Phantom Wallet 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.
Contents of this article:
Getting Started
Enabling the Bitcoin Network
Importing Existing Bitcoin/Ordinals Wallet
With the continued popularity of Ordinals and BRC-20, Bitcoin’s ecosystem has significantly expanded, expanding the use cases of Bitcoin and its appeal in the crypto community. This has also prompted 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 frenzy, Phantom, the most popular crypto wallet in the Solana ecosystem, announced new features yesterday. It integrated Bitcoin, Ordinals, and BRC-20 tokens into its platform, allowing users to trade, transfer, and store Bitcoin and related assets.
Unisat also announced its support for the connection with the Phantom Wallet, allowing users to access UniSat Inscribe and UniSat Marketplace through the Phantom Wallet to browse, buy, and mint Ordinals and BRC-20 tokens.
This announcement has elicited enthusiastic responses from important figures in the crypto space. Udi Wertheimer, a Bitcoin influencer and co-founder of Taproot Wizards, expressed excitement about this development. He emphasized the expanding adoption of Bitcoin narratives in major markets and exchanges over the past year, highlighting Bitcoin’s revival 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. Toggle “Bitcoin” to the “On” state.
After completing these steps, users will be able to manage Bitcoin, Ordinals, and BRC-20 in the Phantom Wallet.
To manage Bitcoin and 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 Private Key Phrase.”
6. Enter the 12-24-word private key phrase.
7. Choose “Import.”
The integration of Bitcoin into Phantom represents the wallet’s vision as a one-stop asset management platform. Users can now manage multiple chains of crypto assets, including Solana, Ethereum, Polygon, and Bitcoin, all in one place.
The team stated in the announcement that although the test version currently only supports access to the Magic Eden and UniSat platforms, they plan to support more platforms soon. Additionally, they plan to add other Bitcoin-friendly features, such as Ledger support and customizable transaction fees (Gas Fee).
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Tags:
BRC-20
Magic Eden
Ordinals
Phantom
Solana
UniSat