Support Bitcoin, Phantom Launches Ordinal Minting Event on June 27!

2024-06-25
Phantom Launches Ordinal Minting Event.png

Bittime - Phantom, a Solana ecosystem wallet, has announced that it now supports Bitcoin. Apart from that, Phantom will also launch the first Ordinal minting event on the Gamma market on June 27 at 11:00 WIB until July 1. This event is free and only requires payment of a Bitcoin network fee.

Phantom Support for Bitcoin

Phantom is known as a wallet that focuses on the Solana ecosystem, which offers convenience and security for users to store and manage crypto assets. With the latest support for Bitcoin, Phantom expands its functionality, allowing users to store, send, and receive Bitcoin directly from their Phantom wallet. This step shows Phantom's commitment to continuing to innovate and provide more comprehensive solutions for its users.

First Ordinal Minting Event on Gamma

Event Details

Date and Time: June 27-July 1 at 11:00 WIB.

Cost: Free, only requires payment of Bitcoin network fees.

Recommended Bitcoin Addresses: Users are advised to deposit $10-20 in BTC in Native Segwit addresses (starting with bc1q) to pay network fees.

Market: @trygamma

Artworks: Will be revealed at the event.

Why Is This Event Interesting?

Free Access: Participation in this event is free, giving many users the opportunity to take part without major financial barriers.

Use of Bitcoins: By using Bitcoin as a means of payment, this event provides a new experience for Phantom users who are familiar with the Solana ecosystem.

Exclusive Artwork: The works of art revealed at this event are guaranteed to be unique and have the potential to become highly valued collectible items in the future.

The Importance of Native Segwit Addresses

Users are advised to store their Bitcoins in Native Segwit addresses (starting with bc1q) as this is the default Bitcoin address for Phantom wallets. This address will be used as the payment address on Gamma during the minting event.

Native Segwit offers a variety of benefits, including lower transaction fees and increased network efficiency, which is especially important for events involving many transactions such as Ordinal minting.

How to Store Bitcoin in a Native Segwit Address

1. Open your Phantom Wallet: Make sure you have updated your Phantom wallet to the latest version that supports Bitcoin.

2. Create a Bitcoin Address: In the settings section, you can create a new Bitcoin address. Make sure the address is Native Segwit starting with bc1q.

3. Transfer Bitcoin: Transfer BTC from another wallet or exchange to your Native Segwit address on Phantom.

By following these steps, you will be ready to participate in Ordinal minting events in Gamma without any problems.

Unique Opportunity for Users

Phantom continues to innovate by adding support for Bitcoin and launching an exciting Ordinal minting event in Gamma. With this support, Phantom users can now easily manage Bitcoin in one secure and user-friendly wallet. The upcoming minting event provides a unique opportunity for users to earn crypto artwork for free, simply by paying Bitcoin network fees.

How to Buy Crypto with Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Monitor graphic movement Bitcoin (BTC), Ethereum (ETH), Solana (SOL) price and other cryptos to find out today's crypto market trends in real-time on Bittime.

DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

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