In an official X post, Phantom confirmed support for Robinhood Chain and advised users to update the app if the network doesn't appear.

How can I get started with Robinhood Chain in Phantom Wallet?

To begin using Robinhood Chain in your Phantom Wallet, you need to update your Phantom app to the latest version and then activate Robinhood Chain within your network settings.

Update Phantom: Ensure your Phantom Wallet application is running the most recent version.
Access Settings: Navigate to Settings within your Phantom Wallet.
Activate Network: Go to Active Networks and toggle on "Robinhood Chain".
Address Consistency: If you already use Ethereum or another EVM network in Phantom, your existing wallet address will be used for Robinhood Chain.

What can I do with Robinhood Chain in Phantom Wallet?

Once Robinhood Chain is enabled in Phantom, users can manage their supported tokens directly within the wallet. This includes viewing token balances, sending and receiving assets, swapping supported tokens (with eligible same-network swaps being gasless), and bridging assets between Robinhood Chain and other supported blockchain networks, all from a single interface.

How do I add funds to Robinhood Chain?

This image illustrates the two primary ways to transfer funds to a Robinhood Chain address using Phantom Wallet.

What are the network fees on Robinhood Chain?

Robinhood Chain utilizes ETH on Robinhood Chain for all network fees, which is distinct from ETH on other networks like Ethereum or Base.

Transaction Type	Network Fee	Details
All Transactions	ETH on Robinhood Chain	All network fees on Robinhood Chain must be paid using ETH on Robinhood Chain. ETH from Ethereum or Base cannot be used.
Eligible Token Swaps	Gasless	Some same-network swaps are gasless, with Phantom covering the network fee if you don't have sufficient ETH on Robinhood Chain.
Sending & Bridging	ETH on Robinhood Chain	Transactions such as sending and bridging assets require sufficient ETH on Robinhood Chain to pay network fees.

What are the current limitations of Robinhood Chain in Phantom?

At launch, there are a few limitations, including restrictions on adding funds directly from a Cash account and limited support for certain asset types and functionalities.

Cash Account Funding: Direct funding of Robinhood Chain from a Cash account is not supported at launch.
Gasless Swap Scope: Gasless swaps are only applicable to eligible same-network swaps; other transactions incur fees.
Asset Availability: Some Robinhood Chain assets, like stock tokens and RWA tokens, may have regional availability restrictions.
Limited Support: Support for collectibles (NFTs), DeFi positions, and connecting to all dApps on Robinhood Chain may not yet be fully available.

Frequently Asked Questions

Q1: Do I need ETH on Robinhood Chain?
A: Yes, Robinhood Chain uses ETH for network fees. You need RH ETH to perform transactions like sending, swapping, or bridging assets on the network.

Q2: Can I use my Cash account to buy Robinhood Chain tokens?
A: Currently, buying tokens on Robinhood Chain directly from your Cash account is not supported.

Q3: Is ETH from other networks compatible with Robinhood Chain fees?
A: No, ETH from networks like Ethereum or Base is not the same as ETH on Robinhood Chain. Network fees must be paid with ETH specific to the Robinhood Chain.

Q4: What if Robinhood Chain doesn't appear in my Phantom Wallet?
A: Ensure your Phantom Wallet is updated to the latest version. Then, go to Settings > Active Networks and manually enable Robinhood Chain.

Disclaimer: This content is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are volatile and high-risk. Always conduct your own research.