Understanding your Cash account
Cash lets you hold, send, receive, spend, and withdraw money in Phantom. You can also use your Cash balance to trade supported tokens, perps, predictions, and tokenized stocks, depending on availability in your region.
What is a Cash account? #
Your Cash account is a Solana wallet linked to your Phantom profile, the same profile associated with your Phantom username. It holds CASH, a USD-pegged stablecoin. Your Cash account has its own Solana address, separate from your main wallet’s Solana address.
In the Phantom mobile app, tap Cash on the Home tab to see your account.
Or on the Home tab, tap your account name above your main balance, such as Account 1, to open the account switcher. Your Cash account appears at the top of the list.
Cash as a payment method #
Cash is set as the default payment method in Phantom on mobile. You can trade spot tokens, perps, predictions with your Cash account balance.
Fund your Cash account #
Fund your Cash account with Apple Pay, Google Pay, a debit card, or a bank account. Available methods vary by region and provider. You can also send supported stablecoins to your Cash address or sell supported tokens from your main wallet for Cash.
See:
- Fund your Cash account with Apple Pay, Google Pay, debit card, or bank
- Fund your Cash account with stablecoins
- Trade spot tokens in Phantom
Trade with Cash #
Use Cash to trade spot tokens, perps, and predictions.
See:
Transfer Cash #
Send your Cash account balance to other Phantom users, Solana wallets, or bank accounts.
See:
Spend Cash #
Sign up for the virtual Phantom debit card to spend your Cash balance anywhere Visa, Apple Pay, or Google Pay are accepted.
See Use your virtual Phantom debit card (US).
Feature availability #
| Feature | Availability |
|---|---|
| Stripe funding | US, except NY, and the EU member states. Payment methods vary by region. Requires identity verification. |
| Third-party funding | Depends on the provider and region. |
| Bank transfers, domestic wires, and USD withdrawals | US, except NY. Requires identity verification. |
| Phantom debit card | US, except NY. Requires identity verification. |
| Trading with Cash | Depends on the product and region. |
Identity verification (KYC) #
Identity verification with Link is required for Stripe funding in the US and EU, US bank deposits and withdrawals, and the virtual Phantom debit card.
See:
Partners #
Cash connects to traditional finance (offchain) through the following partners:
- Link handles identity verification (KYC) for Cash.
- Stripe handles funding via debit cards, Apple Pay, Google Pay, or linked US bank accounts. Supports Phantom debit card transaction processing, and handles card disputes.
- Bridge powers US bank deposits and withdrawals.
Your CASH is always held onchain.
Privacy #
KYC #
Phantom does not store your identity documents or link your wallets to your real-world identity. Your identity is not linked to your non-Cash wallet addresses.
Bank deposits and withdrawals #
What appears onchain: transfers between your Cash account and a wallet associated with Bridge. The bank destination and purpose of the transfer are not visible onchain. Wallet addresses are rotated.
Card payments #
What appears onchain: transfers from your Cash account to a smart contract associated with Stripe. Merchant names, items, and receipts are not visible onchain. Wallet addresses are rotated.
Onchain transfers #
Crypto transfers to other Phantom users and to Solana wallets are regular blockchain transactions. Amounts and wallet addresses appear on Solana.
The Prepaid Debit Visa Card is issued by Lead Bank pursuant to licensing by Visa U.S.A. Inc. and may be used everywhere Visa is accepted. Must be 18 or older to apply. Fees may apply. See Cardholder Agreement and Phantom's website for details. Bridge Ventures LLC is the program manager for the card on behalf of Lead Bank. Phantom is the platform provider for application, access, and management of the card. Cash availability varies by jurisdiction. See Feature availability by region.