# install wallet

{% hint style="success" %}
In order to increase the transaction speed and reduce transaction cots for users, Popular is built on the solana network. You need to pay for gas with a small amount of sol. 0.1 sol can be used tens of thousands of times. Forecast using USDT/USDC
{% endhint %}

### **Step 1: Install Phantom Wallet**

Official website：<https://phantom.app/>

Type: Web browser, Android Android, Apple iOS

Supported browsers: Chrome (Google) browser, Firefox (Firefox) browser, Brave browser, Microsoft Edge browser.

Wallet download address：<https://phantom.app/download>

<figure><img src="https://287431353-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FFN5kf3KrAPnoeZenCvjs%2Fuploads%2FOJHlwB1GFsEwFMNFg3Ee%2Fphantom%20down1.png?alt=media&#x26;token=8832eff9-cd0f-4db1-b41c-d8c756b410e6" alt=""><figcaption><p>Mobile</p></figcaption></figure>

<figure><img src="https://287431353-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FFN5kf3KrAPnoeZenCvjs%2Fuploads%2FQsZAZMg7F7ZyHvgQ74uQ%2Fphantom%20down2.png?alt=media&#x26;token=7748ca00-ef06-4836-8aa1-3c738a5da249" alt=""><figcaption><p>Desktop</p></figcaption></figure>

### &#x20;Step 2: Initial Setup **Phantom**

Users who already have a wallet can click "import wallet" to import the wallet through mnemonic words.&#x20;

<div><figure><img src="https://287431353-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FFN5kf3KrAPnoeZenCvjs%2Fuploads%2FMSBbJhMf3WJUGUuKU33X%2F111.png?alt=media&#x26;token=f4c82e1f-c8a3-45cd-9e2c-be3a21d5159a" alt=""><figcaption><p>create wallet</p></figcaption></figure> <figure><img src="https://287431353-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FFN5kf3KrAPnoeZenCvjs%2Fuploads%2FoZpovg26bKm4OEDo8pA5%2F222.png?alt=media&#x26;token=1942aa40-e4f5-44f8-891f-da32d6131aba" alt=""><figcaption><p>import wallet</p></figcaption></figure></div>

{% hint style="info" %}
Users who already have a wallet can click "import wallet" to import the wallet through mnemonic words.&#x20;
{% endhint %}

### Step 3: Connect popular

*

## **Understanding Wallets - Why do I need one?**

#### **What is a wallet?**

A cryptocurrency wallet is a software application that functions as a ‘wallet’ for your cryptocurrency. These wallets can be installed onto desktop computers or mobile devices such as phones or tablets. They require an internet connection to access the native blockchain network for the cryptocurrency you’re using.

Modern cryptocurrency wallets make blockchain accessible to everyone. They store the "keys" you use to sign any transactions that involve sending and receiving encryption, connect to blockchain applications, and provide an interface that allows you to access and track ownership of your cryptocurrencies. Most importantly, they allow you to connect to Popular and authorize any action you take - for example, placing orders and collecting bonuses.

## **What type of wallet do I need?**

The Popular protocol runs on the Solana blockchain. Therefore, you need a Solana Program Library (SPL) wallet to store your funds on the Solana blockchain and interact with Popular.

#### **What are Solana and SOL?**

Solana is a fast, secure and censorship resistant blockchain that has an open infrastructure well suited for global adoption. It is also the only blockchain capable of rivalling the speed and throughput of Web2 exchanges (400ms block times, up to 65,000 transactions per second). Compared to other blockchains such as Ethereum, Solana’s transaction costs are miniscule (<$0.0002 currently).

Solana’s native crypto currency is Solana (SOL). SOL is used to reward the ‘nodes’ that operate the network for processing transactions and storing data.

A minuscule amount of SOL (\~$0.0025) is required to cover the cost of each transaction and some SOL is required to ‘rent’ the space required to store any information on-chain **-** you can think of this as a redeemable deposit.&#x20;


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