Phantom, a crypto wallet for Solana, has announced a trial version of its auto-confirm feature, which allows users to validate transactions without manual approval on six protocols.
The auto-confirm feature is a unique function that Phantom has introduced to enhance the user experience and convenience of its wallet.
The feature enables users to activate automatic confirmation for transactions on selected protocols, eliminating the need to approve each transaction manually.
This saves time and hassle for users who want to trade or manage their digital assets more efficiently.
The feature is designed with security and flexibility in mind. Users can choose which protocols they want to enable auto-confirm for, and the feature will automatically deactivate after two hours from activation.
This prevents unauthorized transactions and ensures user safety. Users can also reactivate the feature anytime they want.
Testing auto-confirm on six Solana protocols
The auto-confirm feature is currently in trial mode and available for testing on six protocols: Magic Eden, OpenSea, Tensor, Matcha, Jupiter, and Star Atlas.
These protocols are some of the most popular and reputable platforms for NFTs, DeFi, and Gaming on Solana, offering a variety of transaction scenarios for users to test the feature.
To test the auto-confirm feature, users must have Phantom installed on their browser and connected to their Solana account. Then, they can visit any of the six protocols and initiate a transaction.
A pop-up window will appear on Phantom, asking the user if they want to enable auto-confirm for that protocol. If the user agrees, they can proceed with the transaction without manual approval.
The user can also disable auto-confirm anytime by clicking on the settings icon on Phantom.
The benefits of using Auto-Confirm
The auto-confirm feature is a groundbreaking innovation that Phantom has introduced to revolutionize the trading experience for its users. The feature offers several benefits, such as:
- Faster and smoother transactions:Â Users can trade or manage their digital assets without waiting for confirmation or clicking on approval buttons.
- Enhanced convenience and control:Â Users can choose which protocols to enable auto-confirm for and deactivate it anytime.
- Improved security and transparency:Â Users can see which protocols have auto-confirm enabled and how much time is left before it expires.
Phantom’s co-founder and CEO Brandon Millman said that the auto-confirm feature is part of Phantom’s vision to make crypto accessible and enjoyable for everyone. He also thanked the community for their feedback and support.
Phantom is a crypto wallet that supports Solana and Ethereum networks. It allows users to store, send, receive, swap, stake, and explore various digital assets, such as tokens, NFTs, DeFi protocols, and games.
Phantom has over 1 million users and supports over 100 protocols on Solana.
You can download Phantom from their official website or follow them on Twitter.
