Phantom Rolls Out Beta Support For Base, Enabling Users To Explore Its Ecosystem
In Brief
Phantom launches beta support for Base, allowing users to explore its ecosystem while managing all their interactions from a single wallet.
Self-custody cryptocurrency wallet Phantom announced the launch of beta support for Base, Coinbase’s Ethereum-based Layer 2 blockchain. This integration allows users to explore the Base ecosystem while managing all their interactions from a single wallet.
Furthermore, users are now enabled to experience the combined capabilities of Solana, Ethereum, Bitcoin, as well as Base within one interface. They also have the ability to send, receive, and purchase tokens encompassing USDC and ETH on Base via various payment methods, including debit and credit cards, Apple Pay, or Coinbase. Additionally, users can engage with decentralized finance (DeFi) and non-fungible token (NFT) applications, among other beneficial features.
Meanwhile, Ledger support, spam filtering, and transaction simulation are set to enhance security. Users can connect their Ledger devices to both the mobile application and browser extension to safeguard their cryptocurrencies better. Furthermore, scam detection will promptly flag any malicious transactions.
Currently, Base support is in beta and is entirely opt-in. In order to enable Base, users can open their Phantom wallet on mobile or browser, navigate to ‘Settings,’ select ‘Active Networks,’ and toggle ‘Base’ on.
Phantom Wallet Expands Reach With Multi-Blockchain Support
Phantom Wallet is a non-custodial cryptocurrency wallet and browser extension designed to offer users a secure and intuitive way to manage their digital assets. Originally developed for the Solana blockchain, it has since expanded its support to include Ethereum, Polygon, and Bitcoin while still being recognized as one of the leading wallets for Solana.
The wallet was initially created by a team of Ethereum developers and includes a browser extension that facilitates access to DeFi applications. In early 2022, Phantom raised $109 million in Series B funding, led by Paradigm, with additional investments from firms such as a16z, Variant, Solana Ventures, and Jump Crypto.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
More articles
Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
