TLDR: Learn how to convert wrapped Solana tokens (WSOL) into Solana (SOL) using a Phantom Wallet. Follow our verified steps below on how to do the conversion into the verified SOL token. Show
Share this article  How to Convert Wrapped SOL (WSOL) to SOLThe safest way to convert WSOL to SOL tokens is with a trusted Solana wallet like Phantom. Their wallet has an in-built feature that allows users to seamlessly convert Wrapped SOL to SOL, or SOL into Wrapped SOL. You can get started in minutes with our guide below:
For visual learners, you can watch the video guide below. What is Wrapped SOL vs SOL token?Wrapped SOL (WSOL) is a tokenized version of the Solana (SOL) cryptocurrency. This token allows users to trade and use the Solana network without having to pay any fees associated with sending or receiving SOL tokens on the blockchain. Wrapped SOL can be converted from the native SOL token by using an approved wallet like Phantom. SOL is a decentralized cryptocurrency built on the Solana blockchain. This token is used for staking, trading, and other financial services available on the network. SOL tokens are required to pay fees associated with sending or receiving tokens on-chain. Is it safe to use Wrapped SOL?Yes, Wrapped SOL is a safe and secure way to transact with the Solana network. Wrapped tokens are backed 1:1 with real Solana (SOL) tokens and are audited regularly to ensure there is no price manipulation or fraud. Additionally, Phantom wallets are built on established security protocols which further increase user safety when converting WSOL to SOL tokens. Is there a fee for converting Wrapped SOL to SOL?Yes, the fees to convert Wrapped SOL to SOL is less than a fraction of a cent. This is because the network fees on the Solana blockchain are much lower than other protocols like Ethereum. The Bottom LineConverting Wrapped SOL to SOL token is an easy and low-cost process. By using a trusted wallet like Phantom, users can quickly convert from WSOL and back again without having to worry about security or high fees associated with transactions. The process of converting wrapped SOL to regular SOL is quite simple. You can use a wallet like the Phantom Wallet to convert your wrapped SOL tokens to regular SOL. Simply open your Phantom Wallet, click on wrapped SOL then click the 3 buttons in the top right corner and select “Unwrap all”. For a tiny fee, your wrapped SOL tokens will be visible in your wallet as regular SOL. What is wrapped SOL?A wrapped token is pegged to the underlying value of the asset they are meant to represent. The original asset is locked in a digital vault and the wrapped asset can be used to transact on other platforms. For instance, if you have SOL on the Solana network but need to use it on Ethereum, you can wrap it into wSOL and transact with it on the Ethereum network. This process allows users to take advantage of interoperability between blockchains while still using their native assets. Is wrapped SOL same as SOL?While Wrapped SOL and native SOL have the same value (in most conditions), they are not the same as they have different technical abilities. Wrapped SOL tokens are a representation of SOL tokens on the Ethereum blockchain and designed to allow SOL tokens to be used in the Ethereum DeFi ecosystem. Native SOL tokens only exist on the Solana blockchain and are not compatible with the Ethereum blockchain. Wrapped SOL PhantomIf you have wrapped SOL tokens that you would like to convert to regular SOL, you can do so easily with a Phantom Wallet. Just open your Phantom Wallet, click on the "Wrapped SOL" tab, and then click the 3 buttons in the top right corner and select the "Unwrap All" option. With a small fee, your wrapped SOL tokens will be transformed into regular SOL and visible in your wallet. Can I send wrapped SOL to Coinbase?No, Wrapped Solana (W-SOL) is not supported by Coinbase. But as shown above, you can easily unwrap your Wrapped SOL with Phantom Wallet and then send your native SOL to Coinbase. How do you unwrap a token?How to Unwrap a Token. Select the asset that you want to unwrap from the drop-down list.. Enter the swapping amount (click on “Max” if you wish to unwrap it all).. Enter the receiving address on your Ethereum network (click on “Address” if your receiving address is the same as your sending address).. How do you unwrap Solana in Solflare wallet?How to unwrap Wrapped SOL (wSOL) to SOL. Coin98 Super App now supports users to unwrap wSOL back to SOL directly on the wallet. ... . Step 1: Access Wallets.. Step 2: Choose wSOL on the home screen, then click the Unwrap button.. Step 3: There will be a notification required to confirm the process completion, select Done.. How do you turn wrapped SOL to SOL?You can use the Phantom Wallet to convert your wrapped SOL tokens to regular SOL. Simply open your Phantom Wallet, click on wrapped SOL then click the 3 buttons in the top right corner and select “Unwrap all”. For a tiny fee, your wrapped SOL tokens will be visible in your wallet as regular SOL.
How do I send wrapped SOL from Metamask to phantom?Click on your Phantom Wallet extension and click on the Wrapped SOL token in your asset list. Then click the "..." button to show more options. Select the "Unwrap all" button to convert your Wrapped SOL to SOL. You will then receive normal Solana (SOL) tokens in your Phantom wallet.
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How to unwrap solana in Phantom wallet
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