Forgotten your Phantom wallet password? Could not access your Phantom wallet even by using the correct login password? Well, there could be some issues with the phantom website. But, if there turns out to be no issue with the Phantom website and the website servers are working just fine, then it is possible that you are entering the incorrect password details. Thus, through this article, we will be guiding you on how to change your phantom wallet or reset it.

Resetting the wallet login password would only mean that you are selecting a new password for your wallet. So, by resetting the password, you will be achieving your aim i.e. changing the login password.

 In case you are logged in to your Phantom wallet and you wish to change the password from your account itself, then you can simply navigate to the "Settings" menu and change the required details from there. Else, you can follow the provided steps for changing your account password.

Steps you need to follow

Before you can begin, make sure that you have installed and added the Phantom wallet extension to your web browser. Once you have added the extension, you need to just launch the extension by tapping on its icon and then follow the steps that are given below:

1. Launch the phantom wallet by tapping on its icon
2. On the homepage, enter the incorrect password in the given space
3. Now, click on the "forgot password" option that appears on your screen
4. Do as prompted and enter the secret recovery phrase carefully
5. Type in a new password for your wallet and try logging in with the new password
6. That's how quickly you can set a new password for accessing your Phantom wallet

Another way to change the credentials

1. When logged in to your account, click on the hamburger icon to access the settings menu
2. Now, click on the "reset secret phrase" option to proceed
3. Then, you can follow the prompts after filling in the requested details
4. You will now be able to set a new secret phrase

Read more MetaMask Wallet: A Best crypto wallet gateway to blockchain apps · Get into the MetaMask browser extension. MetaMask is a cryptocurrency wallet that enables users to access the Web 3 ecosystem of decentralized applications (dapps).

Conclusion:

Today, through this article, we have learned how to set up a new password for your Phantom wallet whether you have forgotten your password or would like to change it for security purposes. However, in order to change any login credentials, you need to ensure that you have your secret recovery phrase. But, in the absence of the correct secret recovery phrase, you will not be allowed to access your wallet or change any of the login credentials. Therefore, it is your prime duty to keep this detail highly confidential yet accessible.