Crypto Wallet Phantom

Phantom is the most popular cryptocurrency wallet in the Solana ecosystem, launched in 2021. Initially created exclusively for Solana, Phantom quickly expanded support to Ethereum, Polygon, and Bitcoin, becoming a full-fledged multi-chain wallet. Thanks to the rapid growth of Solana DeFi and the NFT market, Phantom gained millions of active users in record time.

Phantom's interface stands out for its cleanliness and speed. Transactions on Solana are confirmed in fractions of a second with minimal fees (less than $0.01), making daily wallet use incredibly convenient. Built-in SOL staking allows earning passive income, while the token swap feature aggregates prices from Jupiter and other DEXs to get the best rate.

Phantom is also known for its NFT support — collections are displayed as a beautiful gallery with options to send, sell, and view details for each token. The built-in DApp browser ensures seamless integration with all popular Solana protocols: Raydium, Marinade, Orca, Magic Eden, and more.

Fees

Phantom does not charge fees for storing or receiving cryptocurrency. Token swaps include a 0.85% fee on Solana and standard network fees on Ethereum. SOL staking has no additional Phantom fees.

Advantages

  • Lightning-fast Solana transactions (under 1 second)
  • Minimal Solana fees — less than $0.01 per transaction
  • Beautiful NFT gallery supporting Solana and Ethereum NFTs
  • Built-in SOL staking with attractive rates
  • Swap aggregation through Jupiter for best prices
  • Support for Bitcoin, Ethereum, Polygon, and Solana

Disadvantages

  • Limited number of supported networks (4 blockchains)
  • Closed-source code
  • No staking for coins other than SOL
  • Young project — operating only since 2021

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