What is Phantom wallet and what is it used for?

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Phantom wallet is a secure, self-custodial cryptocurrency wallet designed to make Web3 accessible and intuitive for everyone. Available as a browser extension and mobile app, it supports multiple major blockchains—such as Solana, Ethereum, Bitcoin, Base, Sui, and Monad—within a single interface, enabling users to manage all of their digital assets in one place.

Why choose Phantom?

Phantom combines powerful Web3 tools with a clean, user-friendly experience. Whether you’re a beginner learning about cryptocurrency or a seasoned NFT trader, Phantom Wallet empowers you to explore, transact, and engage with the decentralized ecosystem—all while keeping your assets safe and private.

Key uses

Multi-chain wallet

  • Multiple chains, one wallet: Manage assets across Solana, Ethereum, Bitcoin, Base, Sui, Polygon, and more without switching wallets.

  • Unlimited assets: No limits on the number of tokens, balances, or transactions you can hold and track.

Sending, receiving, and storing crypto

  • Send and receive tokens: Easily transfer cryptocurrencies to and from any wallet or exchange.

  • Transaction history and notifications: Monitor all activity in real time and receive instant alerts for incoming or outgoing transfers.

In-wallet token swaps

  • Built-In swap aggregator: Swap tokens instantly at competitive rates and low fees without leaving Phantom.

  • Low-fee execution: Leverages liquidity across multiple decentralized exchanges to optimize prices and minimize slippage.

NFTs and digital collectibles

  • Browse and trade marketplaces: Seamlessly access leading NFT marketplaces—like Magic Eden, Blur, and Tensor—directly in the wallet.

  • Manage collections: Pin, hide, list, burn, and showcase your NFTs with an intuitive gallery view.

  • Spotlight and trends: Discover featured NFT collections and trending drops via the Explore tab. For more information, see How to use the Explore tab in Phantom.

Staking and earning rewards

  • Liquid Staking with PSOL: Phantom’s built-in liquid staking lets you convert your SOL into Phantom Staked SOL (PSOL), a token whose value automatically increases as rewards accrue.

    • Earn up to 9% APY on your staked SOL.

    • Maintain liquidity: Unstake at any time by swapping PSOL back to SOL (instant via the swapper) or by withdrawing through a delayed unstake (2–3 days).

    • No separate dApp needed: All staking, monitoring, and unstaking happen right inside Phantom.

For more information, see How to stake with Phantom Staked SOL (PSOL).

dApp browser and ecosystem access

  • Suggested dApps: Connect to a curated list of DeFi and NFT applications—including Jupiter (swap aggregator), Birdeye (trading data), Helio (crypto payments), Sharky (NFT lending), and more—directly within Phantom.

  • Developer tools: Integrate Phantom into your Web3 projects with deeplinks, “Sign In With” standards, and SDKs.

Security and privacy

  • Self-custodial control: You retain full control of your private keys; Phantom never has access to your funds.

  • Hardware wallet support: Connect Ledger Nano devices for an added layer of security.

  • Scam detection: Automated protection flags potentially malicious transactions in real time.

  • Privacy by design: No personal information—such as email or phone number—is required to use Phantom.

Getting started and support

  • Installation and setup: Download Phantom on desktop (Chrome, Firefox, Edge) or mobile (iOS, Android) and follow the guided wallet-creation process.

  • Help Center: Access step-by-step articles on account management, cross-chain transactions, staking, NFTs, and more at our Support portal.

  • 24/7 support: Dedicated global team ready to assist with any questions or troubleshooting needs.

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